Virginia to Offer Foreign Direct Investment Expertise

Friday, 24 March 2017 09:51 by

The Virginia Economic Development Partnership will attend the German American Trade Association’s U.S. Entry Meeting in Stuttgart, Germany on March 29.

The German American Trade Association is a nonprofit organization that offers seminars and advice on site selection, funding, customs affairs, and finding agents and distributors for companies looking to do business with the U.S.

Ryland Potter, a member of VEDP’s Business Investment division, will serve as a foreign direct investment expert and speak on subsidies and grants available to German companies looking to expand into the U.S. market.

Virginia is a leading gateway to successful business in North America, with more than 550 internationally-owned companies choosing to call the Commonwealth home.

"Companies thinking about establishing a subsidiary in the U.S. attend GATA meetings to get the most up-to-date information in order to assess their potential,” said Luisa Blumfeld, GATA’s Marketing Director.

VEDP values its partnership with the German American Trade Association and the opportunity to meet with companies directly to showcase Virginia as a location to do business.

International companies have invested more than $8.3 billion over the past 10 years. To learn why so many companies choose to invest in Virginia, click here.


Virginia Rises to Second in Atlantic Region in Annual Workforce Development Rankings

Wednesday, 1 February 2017 14:25 by

Virginia rose from fourth to second in the Atlantic region in a recent analysis of state workforce development activities conducted by Site Selection Magazine.

Site Selection’s third annual state workforce development rankings provide a general sense of which states, in a given region, are devoting sufficient or superior resources to preparing their workforces for current and future employment. The analysis looked at states’ commitment to skills development as measured by their spending on workforce development, K-12 preparation and the number of working-age adults deemed “career-ready.”

Among the eight ranked states, Virginia scored ahead of highly competitive states like Florida, North Carolina, Maryland, and Delaware, and tied with South Carolina.

“Virginia’s improved ranking is further evidence that we’re making significant progress toward building a 21st century workforce,” said Governor McAuliffe. “We know that workforce is the number one factor companies evaluate when making a decision to locate a new facility or expand their existing business.  We’re pleased to see our position improve relative to our regional competitors and will continue our efforts to assure our position as a leader in workforce development and education.”

Virginia offers customized recruiting and training services through the Virginia Jobs Investment Program (VJIP). To learn more about this economic development incentive, click here.


Virginia Economic Developers Recognized in National Ranking

Wednesday, 25 January 2017 14:20 by

Five of Virginia’s top economic developers were recognized on Consultant Connect’s 2017 list of North America’s Top 50 Economic Developers last week.

Consultant Connect, an agency designed to bridge the gap between economic developers and site consultants, announced its annual list of leaders in the industry. The recognized economic development professionals were nominated by their colleagues in both the economic development industry and the site consultant community for excellent practices and innovation and success in building the communities they serve.

Virginia tied for the second most appearances of any state on the list of top economic developers. We are thrilled to congratulate:

    - Pandy Brazeau, Virginia Economic Development Partnership

·         - Carrie Chenery, Shenandoah Valley Partnership

·         - Beth Doughty, Roanoke Regional Partnership

·         - Megan Lucas, Lynchburg Regional Business Alliance

·         - Buddy Rizer, Loudoun County Department of Economic Development

This recognition is a testament to Virginia’s dedicated economic development team at the state, regional and local levels. VEDP is proud to work with such a committed team, and we are thrilled to have so many colleagues recognized on this list.



Staying Focused on What Really Matters

Friday, 16 December 2016 14:39 by

As 2016 comes to a close, we want to recognize the economic development profession throughout Virginia that works tirelessly for the common good, and in particular, to the dedicated employees of the Virginia Economic Development Partnership Authority (VEDP).

As leaders of the Board of Directors of VEDP—which by anyone’s measure, just experienced its most difficult year of operation since its formation in 1995—we are wrestling with deep problems facing VEDP, the economy and some systemic ones woven into the very fabric of how our Commonwealth approaches economic development. We are, however, optimistic because we know that economic development partners across the state are taking actions necessary to fortify Virginia’s future.

For our part, the VEDP Board is engaged. In 2014, Don Seale, then Chairman of the VEDP Board of Directors, realized that fundamental changes were needed inside the organization.  Don called for the creation of a Chief Operating Officer position and recruited Dan Gundersen to help reset VEDP. Dan’s initial focus was on strategic direction, creative programming, engaging employees, and assuring greater management control and accountability procedures.

We began to peel back the layers of VEDP. Dan Gundersen produced for the Board a first-ever Strategic Review that serves today as the guidepost for a 3-5 year action strategy for VEDP. A new compensation plan was adopted which provided pay equity across positions. We evaluated funding models for 49 other states’ economic development entities, produced new top-line metrics, put in place a robust communications strategy for the external partners and encouraged new avenues for employee input and engagement.   

We (Chris Lumsden and Dan Clemente) succeeded Don Seale as Chairman and Vice-Chairman respectively and the first thing we decided to do was to hear from our stakeholders. We conducted a Listening Tour that involved over 150 economic development professionals, public officials, and business interests in all regions of Virginia and more than 80 counties. We learned that over several years’ time, VEDP’s approach to marketing and deals had alienated many of its stakeholders and contributed to a crisis of confidence.

In March of this year, we asked Dan Gundersen to serve as Interim President and CEO, as well as COO, to help turn around VEDP. He demonstrated great courage and collaborative leadership skills in managing VEDP during a period of serious political stress and organizational crisis. Working with the Board’s Finance and Audit Committee, the VEDP team put in place solid due diligence procedures for discretionary grants, cleaned up twenty years of Governor Opportunity Fund records, and delved into data integrity and integration issues. VEDP also moved its 55,000 square-foot headquarters to new space that saved the Commonwealth over $1.8 million. The new headquarters is designed with open spaces and glass offices and, quite literally, sends a clear message to all that VEDP is a transparent organization that is reinventing itself for the next generation of economic development.   

By mid-summer, again with direct involvement of key Board leaders, input from the Joint Legislative Audit & Review Commission (JLARC) team and independent management consultants, VEDP was prepared to roll out a reorganization. Dan Gundersen successfully led VEDP through the difficult reorganization process, with input from a core planning group, cross-functional work teams, and facilitated focus groups of employees throughout the organization. Three new market-facing divisions were established: Business Investment, Competitive Initiatives and Workforce Development. They operate alongside VEDP’s International Trade team to support businesses.

New management in key spots has infused new energy and determination to have VEDP become recognized as the very best economic development organization in the country. We are pleased that Stephen Moret will join us at the helm in January.

Our work is not over—far from it. But we have laid a solid foundation on which to build a bright future for economic growth in Virginia. This would not have happened without the active support of Virginia’s economic development professionals. We thank you and look forward to continuing to work closely with you as we enter into the new year with renewed confidence and enthusiasm.


Dan Clemente, Chairman of the Board
Vince Mastracco, Vice-Chairman of the Board
Chris Lumsden, previous Chairman of the Board



Getting to Know: New River Valley

Thursday, 1 September 2016 16:30 by

Throughout the year, VEDP embarks on regional familiarization trips, or FAM tours. In August, Charlie Jewell of the New River Valley Alliance lead a small group from VEDP on a tour around the New River Valley (NRV), which included 20 visits to local businesses.

The NRV covers more than 200 square miles and is home to Giles County, Pulaski County, Floyd County, Montgomery County, the City of Radford and Towns of Blacksburg and Christiansburg. With a growing population of 183,000, the NRV has an incredibly diverse and robust economy for its size.

In 2015, the region had the second highest job growth rate in Virginia, and this year, Area Development Magazine listed the NRV as having the fourth best workforce in the nation. The Valley is also a constant recipient of quality of life accolades thanks to the area’s beautiful mountainous setting and charming small town atmosphere. The NRV is also bolstered by their esteemed universities, including Virginia Tech and Radford, in addition to the New River Valley Community College.

On the tour, VEDP visited a wide array of business including Red Sun Farms, Jackson Park Inn, Floyd Commerce Park, Rackspace, Virginia Tech’s Corporate Research Center and the Riverbend Facility.

To learn more about Virginia’s wide variety of communities, click here.

Members from VEDP tour available building space in the New River Valley.



Tags:   , , ,
Actions:   E-mail | Permalink | Comments (0) | Comment RSSRSS comment feed

Virginia’s Woodworking Industry Provides Solid Foundation

Friday, 26 August 2016 14:31 by

This week, VEDP is attending the International Woodworking Fair in Atlanta, Georgia. We had the opportunity to partner with our state’s Department of Agriculture and Consumer Services and Department of Forestry to promote Virginia and its forest products, emphasizing the importance of the industry in the Commonwealth.

More than 31,000 people were employed by over 900 companies in Virginia’s wood products industry in 2015, which had a direct economic output of $10.3 billion and supported an additional output of $7.1 billion.

Virginia’s strategic mid-Atlantic location and superior transportation network provide access to 43 percent of the U.S. population located within a one-day (10 hour) drive. These assets combined with access to the Port of Virginia and a direct connection to over 100 foreign ports make an ideal location for wood industry companies.

Virginia’s higher education system provides education and training programs to bolster the Commonwealth’s workforce and therefore Virginia businesses. Virginia Tech’s Department of Forest Resources and Environmental Conservation is home to the following research centers: Conservation Management Institute, Center for Geospatial Information Technology and Virginia Water Resources Research Center. Virginia State University partners with Virginia Tech to run the Virginia Cooperative Extension to offer programs such as the Virginia Forest Landowner Education Program and the Virginia SHARP Logger Program. Blue Ridge Community College has a Die Cutting and Packaging program to generate skilled technicians for the paperboard packaging industry.

In the past decade, wood products companies in Virginia have announced projects worth $3.8 billion in pledged investment and more than 10,100 pledged jobs. To learn why companies choose Virginia click here.

VEDP, VDACS and VA Department of Forestry provide large Virginia presence at IWF 2016.




Foreign Direct Investment Makes Massive Job Impact on Virginia

Thursday, 23 June 2016 09:48 by

This week, VEDP attended the SelectUSA Investment Summit, a high-profile event in Washington, D.C. dedicated to promoting foreign direct investment (FDI) in the United States. We had the opportunity to connect with companies all over the world to discuss the benefits of doing business in Virginia.

Governor Terry McAuliffe hosted a Virginia reception to showcase the Commonwealth’s assets and participated in a workforce development panel during the conference.

Global investment supports nearly 487,000 jobs in Virginia. These direct FDI and related supply chain jobs earn higher compensation than the overall state average.

During SelectUSA 2015, VEDP met ELDOR Corporation for the first time. Following the Summit, Governor McAuliffe traveled to ELDOR’s headquarters in Italy to meet with company leadership. Less than one year after first meeting at SelectUSA, ELDOR announced their plans to invest $75 million and create 350 new jobs at their North American regional headquarters in Botetourt County.

More than 700 internationally-owned companies call Virginia home, including Canon, Stihl and Rolls-Royce. Cost-effective operations, pro-business values, global logistics assets and easy access to the U.S. market are just a few of the unique resources that allow businesses to prosper here.

From 2009 to 2014, international companies announced more than 15,000 new jobs and $4.6 billion investment in the Commonwealth. To learn why companies choose Virginia for internal investment, click here.

Governor McAuliffe
participated in a workforce development panel during SelectUSA.


Sumitomo Machinery Corporation Celebrates 50 Years in North America

Friday, 3 June 2016 11:40 by

Sumitomo Machinery Corporation of America (SMCA) is celebrating the 50th anniversary of its North American headquarters, located in Chesapeake, Virginia.

Sumitomo Machinery Corporation of America is a subsidiary of Sumitomo Heavy Industries, one of the largest manufacturers of machinery in Japan and the global leader in power transmission knowledge and innovation. SMCA is the premiere power transmission and control solution provider and has customers across the U.S. and globally.

In 1987, Sumitomo relocated to Chesapeake from New Jersey and constructed a new manufacturing facility for the production of its cyclo drive technologies, speed reducers, speed variators, motors and related industrial gears.

Sumitomo has experienced consistent growth since joining the Commonwealth. In 2009, SMCA announced its first Engineering and Service Center would open in Chesapeake, and in 2012, they shared plans for the first phase of a three year investment strategy to transition their 250,000-square-foot facility from an assembly and distribution center to an assembly and manufacturing facility. 

In August 2013, the company announced a definitive merger agreement with Hansen Industrial Transmissions Inc., a leading provider of large size industrial gear drives, which operates at the HNA facility in Verona, Virginia.

Since locating to Virginia, Sumitomo has invested over $60 million in the Commonwealth and has 264 employees in Chesapeake, Suffolk and Verona.

Virginia’s strategic central location on the U.S. East Coast and access to the Port of Virginia has made an ideal home for Sumitomo.

To learn why more than 5,500 manufacturing companies like Sumitomo have chosen to locate in Virginia, click here.

Mayor of Chesapeake Alan Krasnoff and Secretary of Commerce and Trade Maurice Jones recognize Sumitomo leadership during the anniversary event.

Georgia Pacific’s Big Island Mill Celebrates 125 Years in Virginia

Thursday, 26 May 2016 13:53 by

Virginia is celebrating Business Appreciation Month by showcasing Georgia Pacific and the 125th anniversary of its Big Island paper mill in Bedford County, Virginia.

Georgia Pacific is one of the world’s leading manufacturers and distributors of tissue, pulp, paper, packaging, building products and related chemicals. Located just north of Lynchburg on the James River, Big Island mill is one of four Georgia Pacific locations in Virginia. The other facilities are located in Gladys, Emporia and Ridgeway.

The Big Island mill has been in continuous operation since 1891, when the first roll of paper was produced. The mill has faced ownership changes, fire, floods, and machinery and technological shifts during the past 125 years.

The paper mill’s most recent announcement in 2015 included a $50 million investment to improve reliability and environmental performance and upgrade technology.

To mark the mill’s 125 years of continual operation, Georgia-Pacific has launched a year-long commemoration throughout 2016 to honor the mill’s history, celebrate generations of employees and to thank the community for its enduring support.

The Big Island facility employs about 330 people and is Bedford County’s oldest business. The company credits its success to the community, which helped sustain and support Big Island and generations of families who continue to work at the mill for more than a century.

In addition to a strong manufacturing workforce, Virginia provides Georgia Pacific with a strategic location, offering easy access to the company’s customers. Located on the upper James River, the Big Island location offers employees a high quality of life with close proximity to the Blue Ridge Mountains, scenic hiking and biking trails, and numerous national parks.

As we celebrate Virginia Business Appreciation month, Georgia Pacific’s Big Island paper mill serves as a great example of how Virginia can offer long-term prosperity. To learn why companies like Georgia Pacific call Virginia home, click here.

An undated photo of a maintenance crew working at the Big Island paper mill.

Distribution Companies Deliver Big Investment to Virginia

Wednesday, 18 May 2016 14:53 by

YesVirginia Business Blog | All posts by

Virginia Wins 2013 Silver Shovel Award from Area Development Magazine

Thursday, 30 May 2013 15:36 by
For the second year in a row, Virginia was honored with a Silver Shovel Award from Area Development magazine in the 5-10 million population category...

For the second year in a row, Virginia was honored with a Silver Shovel Award from Area Development magazine in the 5-10 million population category.

The award recognizes Virginia for its economic development achievements in creating new jobs and attracting new businesses and investment into the Commonwealth. Virginia previously won in 2006, 2009 and 2012.

Area Development, one of the leading site selection publications, has run this awards program for eight years. Each state submits 10 projects that broke ground in 2012, and the magazine uses weighted scores based on added jobs per capita, amount of investment, number of new facilities and industry diversity to select the winners.

The 10 outstanding projects that helped make Virginia a winner are as follows:

Green Mountain Coffee Roasters – Isle of Wight County
Health Diagnostic Laboratory – City of Richmond
Bechtel Corporation – Fairfax County
Metron Aviation – Loudoun County
Web Parts, LLC – City of Danville
McKesson Corp. – Frederick County
Ply Gem Windows – Franklin County
The Vitamin Shoppe – Hanover County
Phoenix Packaging Operations, LLC – Pulaski County
BAE Systems – Montgomery County

According to the magazine, “If there’s one word to describe Virginia, it could be ‘diverse.’ From an economic point of view, that’s a great thing. There’s growth to be found in many corners of the economy, and that bodes well for prosperity as well as for making it onto the Silver Shovels list.”

Virginia continues to garner accolades as a top state for businesses from leading institutions, including, CNBC, Pollina Corporate Real Estate and Site Selection magazine.

To learn how Virginia’s unique combination of assets has helped businesses succeed in the Commonwealth for more than 400 years, click here.


Amazon Web Services Announces 500 New Jobs in Virginia

Wednesday, 29 May 2013 10:05 by
Amazon Web Services, a business unit within, announced plans to establish a new office in Fairfax County and create 500 new jobs...

Amazon Web Services, a business unit within, announced plans to establish a new office in Fairfax County and create 500 new jobs.

The multi-million dollar investment is driven by increased demand for the company’s cloud services business. Amazon Web Services provides a low-cost technology infrastructure platform in the cloud for business, government and start-up customers in more than 190 countries across the globe.

The location in Fairfax County provides Amazon Web Services with close proximity to its government customers as well an extremely advanced IT workforce. Virginia has the highest concentration of technology workers according to Cyberstates 2011. already has a strong presence in the Commonwealth. In 2011, the company announced it would establish two fulfillment centers in Central Virginia for a total investment of $135 million, creating more than 1,350 new jobs.

The company’s focus on providing cutting edge services for its customers is closely aligned with the innovative, pro-business environment in the Commonwealth. According to the U.S. Chamber of Commerce’s Enterprising States 2013, Virginia is the No. 1 state in STEM (science, technology, engineering and math) job concentration and has the No. 1 share of high-tech businesses. In addition, more than 50 percent of the world’s Internet traffic flows through the Commonwealth each day.

To learn why technology leaders like Accenture, CSC, General Dynamics, L-3 Communications, Microsoft, Northrop Grumman, Oracle and SAIC have all established operations in Virginia, click here.

World’s Tallest Modular Building—Based in New York, Built in Virginia

Wednesday, 22 May 2013 16:21 by
Construction has begun on B2 Modular, the first of three residential towers that will make up the 15-building, 22-acre multi-use site called Atlantic Yards in Brooklyn, N.Y. B2 Modular will be the world’s tallest modular building at 32 stories, approximately 321 feet...

Construction has begun on B2 Modular, the first of three residential towers that will make up the 15-building, 22-acre multi-use site called Atlantic Yards in Brooklyn, N.Y.

B2 Modular will be the world’s tallest modular building at 32 stories, approximately 321 feet. 

Virginia-based Banker Steel is currently fabricating the 930 modular steel frame components at its facility in Lynchburg. The steel chassis will then be shipped to the Brooklyn Navy Yard where sheetrock, electrical, plumbing, tile and countertops will be added before final delivery to the building site in downtown Brooklyn.

Banker Steel recently announced it would expand its Lynchburg facility by 45,000 square feet and hire 50 new employees to meet the demand.

It is estimated that 60 percent of construction will be completed off-site in a controlled environment, allowing for significant improvements in safety, efficiency, speed and ultimately costs. Off-site construction is also expected to reduce material waste and minimize the impact to the local community.

Banker Steel was selected for this project as it previously partnered with Forest City Ratner Companies, lead developer of Atlantic Yards. The company fabricated more than 10,000 tons of steel for the Barclays Center sports arena, anchor facility at Atlantic Yards and home of the NBA Brooklyn Nets.

Banker Steel’s work on B2 Modular illustrates the creativity and technical skill found in Virginia companies. To learn more about the innovative environment the Commonwealth offers, click here.

A rendering of B2 Modular, the world’s tallest modular building.

American Electric Power Qualifies Two Data Center Sites in Virginia

Thursday, 9 May 2013 13:24 by
American Electric Power (AEP) recently qualified two business parks in the Commonwealth as prime locations ready for data center development—Roanoke County Center for Research and Technology and Wythe County Progress Park...

American Electric Power (AEP) recently qualified two business parks in the Commonwealth as prime locations ready for data center development—Roanoke County Center for Research and Technology and Wythe County Progress Park.

AEP operates in Virginia as Appalachian Power, and is one of the largest electric utilities in the U.S., serving more than 5 million customers and generating more than 38,000 MW of capacity. 

The company’s rigorous data center qualification process includes an independent review by location consulting firm Biggins Lacy Shapiro & Company and energy advisory group Sugarloaf Associates. Suitable data center sites are selected based on their competitive electric rates, reliable and redundant power supply, strong fiber optic infrastructure, low risk of natural and manmade disasters, moderate climate and business-friendly environment.

Dominion has a similar program and has pre-certified six data center sites in Virginia—Low Moor Mine Site in Alleghany County, Hillcrest Industrial Park in Mecklenburg County, Roanoke River Regional Business Park in Mecklenburg County, Watkins Centre in Chesterfield County, Meadowville Technology Park in Chesterfield County and White Oak Technology Park in Henrico County.

Most notable about these prequalified locations is their geographic diversity across the Commonwealth. In addition to “Data Center Alley” in Northern Virginia, AEP and Dominion have prequalified sites across Central, Southern and Western Virginia.

Virginia data center announcements topped $1 billion in 2012, displaying Virginia’s leadership in the technology sector. More than 50 percent of the world’s Internet traffic passes through the Commonwealth’s state-of-the-art infrastructure.

To learn why more than 700 data processing and hosting establishments have recognized the benefits of a Virginia location, click here.

Tags:   , , , , , , , , ,

About VEDP

Virginia Economic Development Partnership is the Best State for Business

The Virginia Economic Development Partnership (VEDP), a state authority created by the Virginia General Assembly to better serve those seeking a prime business location and increased trade opportunities, provides confidential site selection and international trade services. VEDP's mission: To enhance the quality of life and raise the standard of living for all Virginians, in collaboration with Virginia communities, through aggressive business recruitment, expansion assistance, and trade development, thereby expanding the tax base and creating higher-income employment opportunities.



© Copyright 2018

ly" rel="tag">data center ally
Actions:   E-mail | Permalink | Comments (0) | Comment RSSRSS comment feed

U.S. Chamber of Commerce Ranks Virginia a Top State for Performance, Innovation and Talent

Monday, 6 May 2013 17:18 by
In its fourth annual Enterprising States study, the U.S. Chamber of Commerce gave Virginia top marks in three out of six categories. Virginia was ranked No. 3 in Overall Innovation and Entrepreneurship, No. 5 in Overall Performance, and No. 5 in Overall Talent Pipeline...

In its fourth annual Enterprising States study, the U.S. Chamber of Commerce gave Virginia top marks in three out of six categories. Virginia was ranked No. 3 in Overall Innovation and Entrepreneurship, No. 5 in Overall Performance, and No. 5 in Overall Talent Pipeline.

This year’s theme, Getting Down to Small Business, focused on the importance of small businesses to lead the economic recovery, and looked at how states can implement policies to support entrepreneurs.

The study noted the importance of accelerator initiatives, economic gardening activities, business plan competitions, workforce development curricula and international trade programs—all of which Virginia does. Governor McDonnell’s 2012 Year of the Entrepreneur initiative and Virginia’s Business One Stop program received special recognition in the report.

Virginia was able to obtain a No. 3 ranking in Overall Innovation and Entrepreneurship due to its leadership in science and technology. According to the study, Virginia is the No. 1 state in STEM job concentration and has the No. 1 share of high-tech businesses.

The Commonwealth’s high standard of living and No.1 ranking in adjusted median family income helped Virginia to achieve a Top 5 spot in Overall Performance.

The report also noted Virginia’s well-educated workforce, including strong high school advanced placement scores, educational attainment, and higher education efficiency—all contributors to Virginia’s success in obtaining a Top 5 ranking in Overall Talent Pipeline.

These top rankings confirm Virginia’s position as a leading place for small businesses and entrepreneurs. The Commonwealth recently received an “A” for its small business friendliness from The Kauffman Foundation and

With March unemployment at 5.3 percent, the lowest number since December 2008, the Commonwealth’s focus on small business and job creation is yielding positive results. To learn why Virginia continues to be a great place to start a business, click here.

Governor McDonnell’s Asia Marketing Mission Yields Positive Results

Tuesday, 30 April 2013 16:35 by
This April, Governor McDonnell led an economic development marketing mission to California and Asia along with members of his cabinet, VEDP, Virginia Tourism Corp., Virginia Port Authority and Virginia International Terminals, and the Virginia Department of Agriculture and Consumer Services...

This April, Governor McDonnell led an economic development marketing mission to California and Asia along with members of his cabinet, VEDP, Virginia Tourism Corp., Virginia Port Authority and Virginia International Terminals, and the Virginia Department of Agriculture and Consumer Services.

The 16-day mission included meetings with companies in California looking to expand on the East Coast, as well as meetings with companies in China and Japan to discuss potential investment in the Commonwealth and trade opportunities with Virginia companies.

The trip has already yielded positive news, including announcements for two Virginia companies—Hamilton Beach Brands, Inc. and JTI Leaf Services.

Hamilton Beach will soon be expanding sales of its household electric appliances in China. On April 22, Governor McDonnell attended the signing of a contract between Chinese distributor Yingli and Yihaodian, the fastest-growing integrated ecommerce company, to sell Hamilton Beach products in China.

Hamilton Beach is a current participant in VEDP’s award-winning Virginia Leaders in Export Trade (VALET) program. The program helps established Virginia companies increase international sales.

On April 23, JTI Leaf Services announced a $7.5 million investment to upgrade equipment at its facility in Danville, Va. Governor McDonnell met with officials from parent company Japan Tobacco while in Tokyo. Southern Virginia was selected for its rich history in tobacco production which includes an experienced workforce to support the industry.

Governor-led marketing missions provide a unique opportunity to promote Virginia’s pro-business story on the international stage, and the Governor’s presence can open doors at the highest levels to build relationships that win business for the Commonwealth.

To learn more about Virginia’s business strengths and why the Commonwealth remains the location of choice for growing global companies, click here.

Governor McDonnell (center) attends the signing of a contract between Yingli and Yihaodian. Company officials (left to right) include: David Garibay, Legal Representative and General Manager, VP China Operations, Hamilton Beach Brands; Yuling Mao, General Manager of Yingli Electronics Technology Co., Ltd., Hamilton Beach Distributor in China; Junling Liu, CEO of Yihaodian; Wilber Wei, Vice President, Consumer Electronics Department of Yihaodian; and Dr. Gang Yu, Chairman of Yihaodian.

Orbital Sciences Completes First Launch of Antares Rocket from Virginia

Monday, 29 April 2013 16:25 by
Last week, Orbital Sciences completed the first launch of its Antares rocket from the Mid-Atlantic Regional Spaceport (MARS) Pad 0A at NASA’s Wallops Flight Facility on the Eastern Shore of Virginia...

Last week, Orbital Sciences completed the first launch of its Antares rocket from the Mid-Atlantic Regional Spaceport (MARS) Pad 0A at NASA’s Wallops Flight Facility on the Eastern Shore of Virginia.

This first launch is a positive outcome of the public-private partnership between Orbital Sciences and the Virginia Commercial Space Flight Authority (VCSFA). The two have partnered since 2008 to develop and improve Pad 0A, the liquid-fuel-capable launch facility at MARS.

As a test flight, the purpose of this mission was to launch the Antares rocket and deliver a payload similar in mass to the Cygnus spacecraft into the Earth’s orbit. In addition, the mission also launched three smartphones into orbit to test them for use as satellites.

The test flight is the first of 10 Antares missions scheduled from MARS. Orbital Sciences will next perform a demonstration mission, followed by eight resupply missions, delivering cargo to the International Space Station.

As part of the new era of space exploration in the U.S., NASA is increasingly relying on corporate partners through its Commercial Orbital Transportation Services program. In December 2008, NASA awarded Orbital Sciences a $1.9 billion Commercial Resupply Services contract to complete the eight resupply missions.

Through MARS, Virginia offers one of only four commercial sites authorized by the FAA for orbital space launches. MARS provides safer and lower cost access to space with an ideal trajectory for earth orbit insertion.

Virginia’s strategic location, high-tech workforce, and strong business environment continue to attract the aerospace industry. To learn why more than 230 aerospace companies call Virginia home, click here.

A view of the first Antares rocket launch from MARS at NASA's Wallops Flight Facility in Virginia, courtesy of the Virginia Commercial Space Flight Authority.