Third Time's a Charm

Virginia Ranked America's Top State for Business by CNBC

Virginia has done it again—CNBC announced that Virginia has reclaimed the award for “America's Top State for Business.” Since the rankings began five years ago, Virginia has remained in the top two spots, with first-place finishes in 2007, 2009 and now 2011, and second place awards in 2008 and 2010. This year, Virginia was followed by Texas at number two, North Carolina as number three, and Georgia and Colorado coming in at fourth and fifth.

The news was announced live from Mount Vernon, Virginia. Speaking about Virginia's win, CNBC Senior Correspondent Scott Cohn said, "With an unprecedented fiscal crisis at the state level, never has it been tougher to stay competitive. But Virginia met the challenge on every level, achieving the highest point total in the history of our study, and finishing in the top half of every category. In the see-saw battle between Virginia and Texas, Virginia is back on top--for now."

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General Electric to Open Information Security Technology Center

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International Paper to Repurpose Portion of Closed Mill

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The Commonwealth has been named the most pro-business state in the country by the 2011 Pollina Corporate Real Estate study: "Pollina Corporate Top 10 Pro-Business States for 2011: The Rise of the West."

Virginia received the top spot for the Economic Growth Potential category in the 2011 Business Facilities Annual State Rankings. Virginia also received top ten honors in Best Business Climate, Workforce Health & Safety, Highest Average Wages, and Employment Leaders.