Forbes.com Ranks Virginia #2 Best State for Business for Second Year Running

Monday, 5 December 2011 11:01 by Info@YesVirginia.org
Once again Virginia has received a podium ranking from Forbes.com as the #2 Best State for Business in 2011. Virginia claimed the number two spot for the second year running after placing number one from 2006 – 2009.

Once again Virginia has received a podium ranking from Forbes.com as the #2 Best State for Business in 2011. Virginia claimed the number two spot for the second year running after placing number one from 2006 – 2009. Forbes.com uses six categories to determine the results and Virginia scored in the top five in three of the categories, including labor supply, regulatory environment and quality of life.

According to Forbes.com, “Virginia ranks No. 2 for the second straight year after a four year run ranked first. Virginia has a strong, educated labor force and a pro-business regulatory climate. The only thing keeping it from the top spot is its outlook.”  While the article listed possible changes in federal and military spending as the reason Virginia didn’t receive the top accolade, Virginia’s strong growth story is illustrated by its recent number one ranking for Economic Potential in Business Facilities magazine 2011 Rankings Report.

2011 has been an impressive year for Virginia, with number one rankings from CNBC and Pollina Corporate Real Estate, as well as a top five ranking from Site Selection magazine. Virginia’s number one CNBC ranking was significant not only because it has held one of the top two places since 2007, but in 2011 Virginia received the highest point total in the history of the ranking. 

The factors that are used to calculate these results include energy costs, corporate tax rates, right-to-work legislation, workers compensation laws, educational opportunities, the quality and skill of the workforce, job creation, project development, the potential and viability of the state’s growth strategy and quality of life. The results are in and Virginia has shown it is open for business by consistently scoring top state rankings. 

To learn more about Virginia’s unique combination of resources that have encouraged entrepreneurs to prosper here for more than 400 years click here.

YesVirginia Business Blog | A place for news, opinions, and information regarding the Virginia Economic Development Partnership.

Mexican Company Announces First U.S. Location in Pulaski County, Va.

Wednesday, 20 March 2013 10:46 by Info@YesVirginia.org
From New River Community College last week, Governor McDonnell announced that Red Sun Farms will establish its first U.S. location in Pulaski County, Va., to produce organic, greenhouse grown tomatoes. The $30 million investment will create 205 new jobs over the next five years...

From New River Community College last week, Governor McDonnell announced that Red Sun Farms will establish its first U.S. location in Pulaski County, Va., to produce organic, greenhouse grown tomatoes. The $30 million investment will create 205 new jobs over the next five years.

Part of the Agricola El Rosal group based in Mexico, Red Sun Farms produces tomatoes, bell peppers and cucumbers using greenhouse hydroponics. The company’s high technology includes the use of hot water heating, carbon dioxide injection, climate control and fully-automated irrigation.

With plans to build a 45-acre greenhouse operation, Red Suns Farms will be the first tenant in the New River Valley Commerce Park, a 1,000-acre industrial site located four miles from I-81 and 30 minutes from Virginia Tech.

Virginia was able to successfully compete against Tennessee because Pulaski County offered the right mix of resources, including ideal climate conditions, a ready workforce, and a central location providing prime access to East Coast markets.

In addition, Pulaski County offers excess water capacity combined with very competitive electric rates. The region maintains its skilled workforce through access to 12 colleges and universities within a 60-mile radius, and provides a strong quality of life through two state parks, the Jefferson National Forest, and close proximity to the Appalachian Trial and Blue Ridge Parkway.

Virginia’s food and beverage industry continues to build momentum—just last week the Governor announced more than $176 million in capital investment and 265 new jobs in this growing sector. 

To learn why food and beverage companies continue to choose the Commonwealth, investing more than $1.9 billion over the last decade, click here.

Governor McDonnell presents a Virginia flag to Thierry Legros, Red Sun Farms Managing Director, during the company’s announcement event in Pulaski County, Va.

Shamrock Farms Breaks Ground in Augusta County, Virginia

Monday, 18 March 2013 17:01 by Info@YesVirginia.org
On Friday, Governor McDonnell attended a ground-breaking ceremony to announce Shamrock Farms’ plans to build a dairy manufacturing facility in Augusta County, Va., which will bring a $50 million investment and 60 new jobs to the region...

On Friday, Governor McDonnell attended a ground-breaking ceremony to announce Shamrock Farms’ plans to build a dairy manufacturing facility in Augusta County, Va., which will bring a $50 million investment and 60 new jobs to the region.

Since its founding in 1922, Shamrock Farms has grown to become one of the largest family-owned-and-operated dairies in the U.S. This is the company’s first operation in Virginia.

During the ceremony, officials broke ground on Shamrock Farms’ state-of-the-art, 130,000-square-foot facility which will be located at Mill Place Commerce Park. This investment will allow the company to better serve the East Coast market and meet growing demand for its On-the-Go mmmmilk and Rockin’ Refuel brands. 

Through its ultra-pasteurization process and airtight safety seal, Shamrock Farms’ extended shelf life products stay fresher on store shelves for longer.

Virginia successfully competed against Maryland and West Virginia because Augusta County offered the right infrastructure mix—a strong, local milk supply chain, an advanced manufacturing workforce, and a strategic location with easy access to Virginia’s premier transportation network through I-81.

Shamrock Farms is not the only food and beverage company to find success in Augusta County—McKee Foods, maker of Little Debbie® snack cakes, has operated a manufacturing plant there for more than 22 years, and credits the region’s skilled workforce with achieving significant productivity gains.

Last week alone, the Governor announced more than $176 million in capital investment and 265 new jobs in Virginia—all from the Commonwealth’s food and beverage industry.

To learn why more than 550 food and beverage manufacturing companies have established operations in the Commonwealth, including household names like Hershey Foods, Nestlé Prepared Foods, Kraft Foods, and Green Mountain Coffee Roasters, click here.

Governor McDonnell (third from left) is joined by company, state and local officials, as well as Roxie, the Shamrock Farms’ mascot, at the company’s ground-breaking ceremony in Augusta County, Va.

VEDP Economist Touts Benefits of Virginia’s Offshore Wind Industry to House Committee

Friday, 15 March 2013 13:53 by Info@YesVirginia.org
Earlier this month, VEDP Senior Economist Brian Kroll testified before the U.S. House of Representatives’ Subcommittee on Energy and Mineral Resources. The subject of the oversight hearing was “America’s Offshore Energy Resources: Creating Jobs, Securing America, and Lowering Prices”...

Earlier this month, VEDP Senior Economist Brian Kroll testified before the U.S. House of Representatives’ Subcommittee on Energy and Mineral Resources. The subject of the oversight hearing was “America’s Offshore Energy Resources: Creating Jobs, Securing America, and Lowering Prices.”

The subcommittee, led by Congressman Doug Lamborn, heard testimony from four experts on how offshore energy can be a catalyst for job creation and economic development, particularly in regions off the Outer Continental Shelf.

VEDP Senior Economist Brian Kroll focused on the positive impact of Virginia’s growing offshore wind industry.

Using an economic impact analysis that assumed 2,000 MW of offshore wind capacity were built over a 10-year period and only half of the supply chain located in the Commonwealth, Kroll concluded that 2,125 direct jobs and 2,710 indirect jobs could be created in Virginia over the first five years, and an additional 1,635 direct jobs and 1,960 indirect jobs could be created over the last five years, for a grand total of 8,430 new jobs in Virginia.

These jobs would primarily come from sectors such as operations and maintenance, construction, and the manufacturing of nacelles, turbine blades and generators.

In addition, Kroll concluded these jobs would benefit Virginia through an additional $9 billion in GDP and $119 million in state-level tax revenue over the 10-year period.

With yesterday’s announcement that the Bureau of Ocean Energy Management (BOEM) is on track to issue the Virginia Department of Mines, Minerals and Energy a wind energy research lease on the Outer Continental Shelf, Virginia’s wind industry continues to build momentum. 

In December, we blogged about the positive announcements from the BOEM, advertising the first-ever wind energy lease sale on the Outer Continental Shelf, and from the Department of Energy, reporting that a Virginia team was one of seven projects awarded a grant for the engineering, design and installation of an offshore wind turbine demonstration facility.

Virginia is primed to be a leader in the offshore wind industry, providing the ideal combination of strong Class 6 winds, shallow waters off the coast, an experienced maritime workforce, a robust transportation network, and access to a fully operational high voltage transmission grid close to shore.

To watch a webcast of Brian Kroll’s presentation, click here and to learn why more than 380 energy companies call Virginia home, click here

VEDP Senior Economist Brian Kroll testifies before the U.S. House Subcommittee on Energy and Mineral Resources about the economic benefits of developing Virginia’s offshore wind industry.

Unilever Invests $96.2 Million in Suffolk, Va. Lipton Tea Plant

Tuesday, 12 March 2013 14:11 by Info@YesVirginia.org
Yesterday, Unilever announced plans to invest $96.2 million to upgrade its Lipton Tea Plant in Suffolk, part of the Hampton Roads region of Virginia...

Yesterday, Unilever announced plans to invest $96.2 million to upgrade its Lipton Tea Plant in Suffolk, part of the Hampton Roads region of Virginia.

The Lipton Tea plant has operated out of Suffolk since 1955 and is the largest tea processing facility in the U.S., producing nearly all the Lipton tea bags sold throughout North America. 

The investment will allow the company to increase production by both expanding and upgrading to more modern equipment. The Suffolk plant already has a reputation for efficiency and sustainability—in 2009 it became a “zero-landfill” facility through a combination of recycling, composting, and converting waste into usable energy.

Close proximity to the international Port of Virginia was a key deciding factor in the Commonwealth’s favor. Unilever already utilizes the port to bring in loose tea from all over the world for processing at its Suffolk plant. The Port of Virginia offers access to 250 ports in more than 100 overseas locations.

The strength of the Hampton Roads employee pool was another positive factor cited by the company. More than 300 highly-skilled workers currently support the Lipton plant.

This investment adds to Virginia’s growing food and beverage cluster. Home to household names such as Hershey Foods, Nestlé Prepared Foods, Kraft Foods, and Green Mountain Coffee Roasters, more than 550 food and beverage manufacturing companies have established operations in the Commonwealth.

To learn why food and beverage companies have invested more than $1.9 in Virginia over the last decade, click here.

Governor McDonnell presents Bill Kelly, Suffolk Supply Chain Leader, Unilever, with a commemorative share of stock in the Virginia Company at the Lipton Tea plant announcement event in Suffolk, Va.

Porter’s Group Comes to Lynchburg, Virginia

Thursday, 7 March 2013 14:31 by Info@YesVirginia.org
On Monday, Porter’s Group LLC announced plans to establish its first Virginia operation in the City of Lynchburg through a $1.8 million investment, creating 120 new jobs...

On Monday, Porter’s Group LLC announced plans to establish its first Virginia operation in the City of Lynchburg through a $1.8 million investment, creating 120 new jobs.

Porter’s Group manufactures fabricated metal products, and its advanced capabilities allow it to produce a broad range of products from ATMs to engine parts.

The company plans to purchase an existing manufacturing facility from one of its customers, Diebold Inc., allowing it to quickly transition the plant for its specific production needs. The talented manufacturing workforce already in place in the Lynchburg region will also aid in the company’s quick ramp-up to production.

In addition to a turnkey building and ready workforce, Lynchburg offers a prime location that geographically aligns the company’s operations with its existing customer base. 

Located near I-81, Lynchburg provides convenient access to Virginia’s premier transportation network, which includes six interstate highways, nine commercial airports, 14 railroads, including two Class I lines, and the international Port of Virginia. 

Leading manufacturing companies continue to select the Commonwealth due to its competitive cost environment, strategic location and highly-skilled workforce. To learn why manufacturing companies have invested more than $13.7 billion in Virginia over the last decade, click here.

Shenandoah Valley Partnership Launches Education and Training Database

Tuesday, 5 March 2013 09:57 by Info@YesVirginia.org
The Shenandoah Valley Partnership recently announced the launch of the new Shenandoah Valley Education and Training Database. The database will provide both employers and citizens with one convenient tool to learn about the wealth of training programs available throughout the region...

The Shenandoah Valley Partnership recently announced the launch of the new Shenandoah Valley Education and Training Database. The database will provide both employers and citizens with one convenient tool to learn about the wealth of training programs available throughout the region.

The database is located at http://www.svp-va.org/database.aspx and is searchable by keyword, field of study and degree level. It was created to solve the problem of employers not being aware of the broad offering of educational programs available, particularly in the region’s high growth areas, which include advanced manufacturing, agriculture, energy, life sciences and IT.

Located between the Blue Ridge and Allegheny Mountains, the Shenandoah Valley Partnership includes the counties of Augusta, Bath, Highland, Page, Rockbridge, Rockingham and Shenandoah, as well as the cities of Buena Vista, Harrisonburg, Lexington, Staunton and Waynesboro.

The region is home to a number of prestigious higher education institutions, including James Madison University, Mary Baldwin College, Virginia Military Institute, and Washington and Lee University, as well as numerous community and technical colleges.

With 94 percent of the region’s 2012 corporate investment coming from expansion projects, the high quality of the local workforce is often cited as a compelling reason for a company’s decision to remain in the Shenandoah Valley. 

Take McKee Foods, maker of Little Debbie® snack foods and one of the area’s major employers, as an example. President and CEO Mike McKee stated, “We have found our Virginia workforce to be some of the most loyal and highly-skilled employees in the industry—and about 85 members of our Virginia workforce have been at the plant since it opened. Our Virginia employees, now over 700 strong, are highly-motivated and have helped us boost plant productivity by 24 percent over the last two years.”

Jointly developed by the Shenandoah Valley Partnership and Blue Ridge Community College, the Shenandoah Valley Education and Training Database is another positive example of cooperation among the public, private and educational sectors in Virginia. To learn more about the Commonwealth’s highly-skilled workforce and premier educational programs, click here.

Commonwealth Graduate Engineering Program Celebrates 30 Years

Thursday, 28 February 2013 13:21 by Info@YesVirginia.org
The Commonwealth Graduate Engineering Program (CGEP) recently celebrated its 30-year anniversary at an event in Richmond, Va., hosted by CGEP and VEDP...

The Commonwealth Graduate Engineering Program (CGEP) recently celebrated its 30-year anniversary at an event in Richmond, Va., hosted by CGEP and VEDP.

CGEP offers Master’s degrees and certificate programs for engineers and scientists seeking to further their education while remaining in the workforce. Students can pursue degrees in Computer Engineering, Civil & Environmental Engineering, Electrical Engineering, Engineering Administration, Environmental Science & Engineering, and Systems Engineering.

What is most unique about the program is its distance learning model, which includes both online courses and televised courses offered at more than 25 sites across Virginia. CGEP uses the latest interactive video conferencing technology, allowing for two-way audio and video to provide an interactive classroom experience for students.

In addition, graduate students can personalize their program by taking advantage of courses offered by any of the five participating universities, which include George Mason University, Old Dominion University, University of Virginia, Virginia Commonwealth University, and Virginia Tech.

During the 2011-2012 academic year, total enrollment in CGEP increased by 10 percent to 6,759 students. CGEP attributes this growth to increased offerings in online coursework, allowing busy graduate students to take classes anywhere, anytime.

CGEP is another example of the innovative programs offered by Virginia’s prestigious higher education institutions to ensure a solid pipeline of skilled employees is ready to fulfill industry needs. 

To learn more about CGEP or Virginia’s higher education offerings, click on the highlighted links.

Liebherr Mining Equipment Co. Expands in Hampton Roads, Virginia

Monday, 25 February 2013 13:47 by Info@YesVirginia.org
Liebherr Mining Equipment Newport News Co. recently announced plans to expand its advanced manufacturing operation in Hampton Roads, Va., through a $45.4 million investment, creating 174 new jobs...

Liebherr Mining Equipment Newport News Co. recently announced plans to expand its advanced manufacturing operation in Hampton Roads, Va., through a $45.4 million investment, creating 174 new jobs. 

The Liebherr campus is located in Copeland Industrial Park, which covers two Virginia cities—Newport News and Hampton.  

Liebherr, part of the Liebherr Group based in Switzerland, is known as a leading manufacturer of construction and mining equipment. The expansion will allow the company to meet demand for its mining trucks as well as develop new models.  The company expects to produce 240-ton, 320-ton, and 400-ton models.

In addition to increasing capacity and adding production equipment, this investment also enables Liebherr to expand its office and warehouse space. The company plans to add a training center as well as augment its material flow process.

Established in the Hampton Roads region in 1970, the company’s 40-year history and decision to further invest in Virginia speaks to its positive experience with the Commonwealth’s skilled workforce and pro-business climate.

The Hampton Roads location also offers close proximity to the international Port of Virginia. The company’s equipment is shipped worldwide, and the Port of Virginia offers access to 250 ports in more than 100 overseas locations. In addition, it is the only port on the U.S. East Coast able to handle post-Panamax vessels as first port of call.

With its skilled workforce, low-cost environment, and premier logistics infrastructure, Virginia is home to more than 6,000 manufacturing establishments. To learn why manufacturing companies have invested more than $13.7 billion in the Commonwealth over the last decade, click here.

Secretary Jim Cheng addresses the crowd at the Liebherrr Mining Equipment Co. announcement event in Newport News, Va.

New Logistics Research Center Established in Central Virginia

Thursday, 21 February 2013 09:55 by Info@YesVirginia.org
Last week, Governor McDonnell announced the establishment of the Commonwealth Center for Advanced Logistics Systems (CCALS) in Prince George County, Va...

Last week, Governor McDonnell announced the establishment of the Commonwealth Center for Advanced Logistics Systems (CCALS) in Prince George County, Va.

This public-private alliance will focus on solving logistics challenges and bringing solutions to market more quickly by partnering Virginia’s leading universities and logistics companies. Founding members include Longwood University, UVA, VCU, VSU, Logistics Management Resources, and LMI.

The expertise of the founding members includes a variety of disciplines within the logistics industry, such as supply chain risk management, modeling and simulation, large-scale data management, enterprise system integration, and workforce development.

To foster a collaborative research environment, the CCALS facility is expected to include computation and large-scale data mining laboratories, as well as a production warehouse for advanced simulation experiments.

In addition to bringing solutions to market more quickly, CCALS will allow industry members to influence the curriculum and workforce development programs at participating universities, as well as obtain access to the quality pipeline of graduates entering Virginia’s workforce each year.

CCALS complements Central Virginia’s existing logistics hub, which already includes the U.S. Army’s Logistics University at Fort Lee, two Amazon.com distribution centers, and significant UPS and FedEx operations.

Virginia continues to build upon the reputation of its premier logistics network, which includes six interstate highways, nine commercial airports, 14 railroads, including two Class I lines, and the International Port of Virginia, which is the only East Coast location in the U.S. able to handle post-Panamax vessels as first port of call. 

To learn why companies have invested more than $1.8 billion in Virginia logistics projects over the last decade, click here.

International Subsidiary Daikin McQuay Expands in Augusta County

Thursday, 14 February 2013 14:38 by Info@YesVirginia.org
Yesterday, Daikin McQuay announced plans to invest $9.2 million to expand its facility in Augusta County, creating 50 new jobs...

Yesterday, Daikin McQuay announced plans to invest $9.2 million to expand its facility in Augusta County, creating 50 new jobs.

A subsidiary of Fortune 1000 company Daikin Industries, Daikin McQuay is the largest HVAC and refrigeration company in the world. The company designs flexible HVAC solutions for commercial, industrial and institutional markets with a focus on high energy efficiency.

The expansion will allow the company to better serve its global customers through the addition of a testing area to demonstrate the performance of its products using a variety of metrics.   

Daikin McQuay has found success in Augusta County for almost 60 years, tapping into the engineering and technical expertise of the local workforce. The center of the company’s industrial chiller operation is located at the Augusta County facility.

Governor McDonnell met with company officials during his Asia Marketing Mission in 2011, as well as during marketing trips to New York in 2011 and 2012 to tout Virginia’s premier business environment.

The Commonwealth continues to attract global leaders like Daikin McQuay due to Virginia’s unique combination of assets, which include a high-tech workforce, world-class logistics network, and competitive operating costs. To learn more, click here.

Virginia Beach Develops Economic Gardening Initiative

Tuesday, 12 February 2013 14:58 by Info@YesVirginia.org
The Virginia Beach Economic Development Authority and Hampton Roads Partnership have joined together to launch the Virginia Beach Economic Gardening Initiative...

The Virginia Beach Economic Development Authority and Hampton Roads Partnership have joined together to launch the Virginia Beach Economic Gardening Initiative.

The economic gardening program will allow local entrepreneurs access to resources and information typically only available to larger, more established companies. 

Specifically, the Virginia Beach initiative will provide high-tech research tools so participating companies can analyze their strategy and market dynamics. The program includes access to advice from seasoned entrepreneurs through a partnership with the Service Corps of Retired Executives.

In addition, companies will receive 35 hours of support from a national team with expertise in marketing, data analysis, geographic information systems, and social media. The program is available to 10 companies each year, and the first three companies selected include Morphix Technologies Inc., Virginia Toy & Novelty Co., and Klett Consulting Group Inc.

Economic gardening is a growing trend in economic development circles. Holding to the theory that entrepreneurs drive local economies, adherents support these smaller business owners by providing resources in the community to help businesses grow. This grass-roots approach, popularized by MIT researcher David Birch, is a complement to the more traditional economic development model of recruitment and retention.

The Virginia Beach Economic Gardening Initiative is an example of the innovative, pro-business environment that exists across the Commonwealth of Virginia. To learn more about the resources Virginia offers to help businesses succeed, click here.

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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.

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National Tire Research Center Displays New Tire Testing Machine “Flat-Trac LTRe”

Friday, 26 October 2012 15:23 by Info@YesVirginia.org
This week, the National Tire Research Center (NTRC) hosted a ribbon-cutting ceremony to celebrate the unveiling of its new tire testing machined called the “Flat Trac LTRe”...

This week, the National Tire Research Center (NTRC) hosted a ribbon-cutting ceremony to celebrate the unveiling of its new tire testing machine called the “Flat Trac LTRe.”

This high-performance, $11.3 million machine is the only one of its kind. It allows speeds up to 200 mph on car, truck and motorsports vehicles and tests tire performance during acceleration, brake and burnout events, as well as wheel torque capability.

Located in the Virginia Motorsports Technology Park adjacent to the Virginia International Raceway track in Halifax County, the NTRC provides easy access to real-world testing right on a premier race track.

NTRC is an applied research and testing facility established in 2010 through a public-private partnership between the Virginia Tech Transportation Institute, General Motors, the Institute for Advanced Learning and Research, and the Virginia Tobacco Indemnification and Community Revitalization Commission.

By combining the industry leadership of General Motors with the research prowess of Virginia Tech, NTRC will focus on developing safer tires that are environmentally friendly, providing higher fuel economy with lower emissions.

Southern Virginia has become quite a hub for the automotive industry. NTRC has partnered with nearby Southern Virginia Vehicle Motion Lab (SoVa Motion), a facility also operated by Virginia Tech that rounds out the region’s offering to automotive manufacturers by providing shock and suspension testing, on-vehicle sensing, and full-motion driving simulation.

Virginia's advanced manufacturing capabilities cover all aspects of the automotive industry. To learn why automotive companies have invested more than $1 billion in the Commonwealth over the last decade, click here.

Dr. Tom Dingus, director of the Virginia Tech Transportation Institute, addresses the crowd at the National Tire Research Center ribbon-cutting event in Halifax County.

New Coatings Research Facility “C-CARE” Unveiled in South Boston, Virginia

Thursday, 25 October 2012 14:56 by Info@YesVirginia.org

The Center for Coatings Application, Research, and Education (C-CARE) was unveiled this Monday at a ribbon-cutting ceremony in South Boston, Va.

C-CARE’s mission is to help commercialize solutions in the field of surface engineering and attract advanced manufacturing companies to the region by providing workforce training, R&D, and improved links between educational institutions and industry partners.

The 12,000-square-foot, climate-controlled facility includes a lab equipped with advanced robotics, reciprocating spray equipment, and virtual reality training systems. C-CARE’s lab will be used to test new coatings technologies and design solutions that increase product quality and efficiency for applications in the aerospace, automotive, construction, food, manufacturing and wood industries.

This two-year project is the result of collaboration between Halifax Industrial Development Authority, the Riverstone Energy Center, and the Southern Virginia Higher Education Center. 

The American Wood Finishing Institute (AWFI) will operate and staff the facility. As a leading provider of coatings technology training and consulting, AWFI will offer C-CARE access to subject matter experts with real-world experience applying coatings to metal, wood, plastics and other composite materials.

C-Care augments Virginia’s existing strength in the advanced manufacturing sector, as leaders such as the Altria Group, DuPont, Honeywell, MeadWestvaco and Rubbermaid have all established operations in the Commonwealth.

To learn why Virginia is home to more than 6,000 manufacturing establishments, click here.

Virginia Deputy Secretary of Commerce and Trade for Rural Development Mary Rae Carter (center) joins members of C-CARE, industry partners, and state and local officials at the ribbon-cutting ceremony in South Boston, Va.

UBED Advances: VEDP and Virginia’s Universities Sign Agreement

Tuesday, 23 October 2012 13:24 by Info@YesVirginia.org
University-Based Economic Development (UBED) has been a top priority for Virginia, and yesterday VEDP executed a Memorandum of Understanding (MOU) with Virginia’s public institutions of higher education and the State Council of Higher Education for Virginia (SCHEV)...

University-Based Economic Development (UBED) has been a top priority for Virginia, and yesterday VEDP executed a Memorandum of Understanding (MOU) with Virginia’s public institutions of higher education and the State Council of Higher Education for Virginia (SCHEV).

Through increased partnership in marketing and outreach, the goals of the MOU are to unify Virginia’s message in the global marketplace and provide a higher number of corporate contacts for VEDP and increased opportunities for Virginia’s institutions of higher education to interact with corporate entities.

The MOU creates a formal framework around an already existing relationship between VEDP and Virginia’s colleges and universities. Virginia’s UBED team has been in existence for seven years and has fostered collaboration on numerous workforce development and research projects.

According to VEDP President and CEO Martin Briley, “This MOU provides a meaningful blueprint to more fully leverage higher education as a differentiator in our economic development outreach marketing, and it reinforces the message to our corporate partners that our public colleges and universities are dedicated to leveraging research and workforce assets to benefit the business community.”

Access to a solid pipeline of skilled and educated employees can be a deciding factor when companies seek to relocate or expand operations. Virginia has one of the most well-educated workforces in the country—more than 34 percent have at least a bachelor’s degree and more than 500,000 students are enrolled annually at Virginia’s top-ranked higher education institutions.

To learn more about the Commonwealth’s premier education system and why its workforce is consistently commended by companies, click here.

(From left to right) Secretary of Commerce and Trade Jim Cheng; Peter Blake, Executive Director of SCHEV; Dr. Michael Rao, President of Virginia Commonwealth University; Secretary of Education Laura Fornash; and Martin Briley, President and CEO of VEDP; participate in the MOU signing ceremony.

RTI International Metals Inc. Commences Titanium Production at Martinsville Plant

Friday, 19 October 2012 13:59 by Info@YesVirginia.org
Last Thursday, RTI International Metals Inc. (RTI) hosted an event celebrating its inaugural production of certified commercial aerospace titanium for Airbus...

Last Thursday, RTI International Metals Inc. (RTI) hosted an event celebrating its inaugural production of certified commercial aerospace titanium for Airbus.

The $135 million forging, grinding and hot rolling manufacturing facility was first announced in 2008. The plant is located at the Patriot Centre, an industrial park jointly developed by Henry County and the City of Martinsville.

While 25 jobs have been created to date, that number is expected to increase as the plant ramps up production. At full capacity the facility can produce 14 million pounds of product annually.

The inaugural production follows 10 months of certification testing to meet the high quality standards of Airbus. The titanium will be used in Airbus’ passenger jets, including the company’s A350 XWB aircraft. As RTI completes additional qualifications, it expects its titanium to be used in an extended number of Airbus programs.

According to RTI Vice Chairman, CEO and President Dawn Hickton, “RTI is the largest North American titanium supplier to Airbus and its parent company, EADS, and this new facility adds an additional link in RTI’s ability to meet their needs across the entire supply chain.”

This project exemplifies the strength of Virginia’s advanced manufacturing capabilities across the Commonwealth. The aerospace industry is taking note as well:  Business Facilities magazine ranked Virginia No. 7 as an Aerospace/Defense Industry Leader in its 2012 State Rankings Report.

More than 230 aerospace companies are located in Virginia and the Commonwealth has received more than $1.5 billion in capital investment for aerospace projects over the last ten years. To learn more, click here.

Governor McDonnell addresses company and local officials at the RTI International Metals event in Martinsville, Va.

RockTenn Hosts Ribbon-Cutting Ceremony for Natural Gas Pipeline

Wednesday, 17 October 2012 16:57 by Info@YesVirginia.org
RockTenn hosted a ribbon-cutting ceremony celebrating the completion of a pipeline supplying natural gas to its mill in West Point, Va...

Last week, RockTenn hosted a ribbon-cutting ceremony celebrating the completion of a pipeline supplying natural gas to its mill in West Point, Va.

RockTenn and Virginia Natural Gas collaborated with Dominion Virginia Power, New Kent County, King William County and the Town of West Point to ensure the project was a success.

The 11-mile pipeline will run along Dominion Virginia Power’s right-of-way and connect Virginia Natural Gas' line in New Kent County to the West Point Mill.

RockTenn is also investing in its West Point Mill to make the facility more efficient and reduce emissions, lessening the mill’s carbon footprint.

The West Point Mill produces containerboard used in the company’s consumer packaging products. In operation since 1914, the mill is the region’s largest employer with a workforce of 550. RockTenn operates facilities across the Commonwealth, including a mill in Hopewell and a converting plant in Henrico County, Va.  

The natural gas pipeline represents a significant improvement in infrastructure, positioning the region for additional growth.

Virginia is home to more than 6,000 manufacturing establishments. To find out why manufacturers have invested more than $13.8 billion in the Commonwealth over the last decade, click here.

Carrie Roth (center), Deputy Secretary of Commerce and Trade, is joined by company, local and regional officials at the RockTenn West Point Mill ribbon-cutting ceremony.

Virginia Beach Hosts 2012 AWEA Offshore Wind Conference

Monday, 15 October 2012 16:32 by Info@YesVirginia.org
Virginia Beach recently hosted the 2012 AWEA Offshore Wind Conference, welcoming offshore wind energy leaders from across the globe...

Virginia Beach recently hosted the 2012 AWEA Offshore Wind Conference, welcoming offshore wind energy leaders from across the globe.

Coming shortly after Governor McDonnell’s Conference on Energy in Richmond, Va., the Commonwealth continues to lay claim to the title “Energy Capital of the East Coast.”

Lieutenant Governor Bill Bolling spoke at the opening ceremony and VEDP Managing Director Jerry Giles was one of the panelists for the Virginia Spotlight session. Representatives from the Port of Virginia, the Virginia Department of Mines, Minerals, and Energy, and the Virginia Department of Commerce and Trade spoke at events throughout the conference.

In addition, VEDP shared a trade show booth with Poseidon Atlantic in close proximity to Fugro and the Virginia Offshore Wind Coalition. Other Virginia-based companies in attendance included Apex Wind Energy, Bechtel Corp., and Maersk Line Limited.

VEDP and its partners continue to promote Virginia as the natural choice for the offshore wind industry. With its strong Class 6 winds, Virginia offers companies a central mid-Atlantic location, a high voltage transmission grid close to shore, and a premier maritime workforce with the largest industrial military complex in the U.S.

While the industry awaits news on the U.S. Bureau of Energy Management’s (BOEM’s) competitive auction process from its call for nominations last February, Virginia companies continue to make progress both on and offshore. 

Poseidon Atlantic has installed its Light Detection and Ranging (LIDAR) monitoring position in Northampton County, Va., as part of its wind measurement campaign. The results show wind conditions are better than expected. The company has also commenced its phase two study investigating offshore testing sites.

Wind energy remains an important component of Virginia’s all-of-the-above approach to the energy crisis. Home to more than 380 energy companies, the Commonwealth has seen more than $4.6 billion invested in energy projects over the last ten years. To learn more, click here.

Deputy Secretary of Commerce and Trade Carrie Roth speaks about Virginia’s wind resources to a group of wind energy leaders at a dinner hosted by VEDP.

CCAM Member Company Sponsors Seminar for Virginia’s Engineering Students

Friday, 12 October 2012 09:32 by Info@YesVirginia.org
Chromalloy, one of seven Organizing Members of the Commonwealth Center for Advanced Manufacturing (CCAM), announced its sponsorship of an industrial casting seminar for Virginia State University students. Chromalloy is a leading supplier of repairs, replacements parts and maintenance for gas turbines used in the aviation industry...

Chromalloy, one of seven Organizing Members of the Commonwealth Center for Advanced Manufacturing (CCAM), announced its sponsorship of an industrial casting seminar for Virginia State University students. Chromalloy is a leading supplier of repairs, replacements parts and maintenance for gas turbines used in the aviation industry.

This program is one of the first educational initiatives launched through CCAM, an applied research center that partners top Virginia universities with leading Virginia manufacturers.

The three-day seminar is designed to educate engineering students on the latest techniques used in the casting manufacturing process. VSU students will learn a variety of processes, including wax injection and the assembly of molds, investment, pouring, and final part finishing, as well as proprietary processes developed by Chromalloy.

Located on Rolls-Royce’s Crosspointe Campus in Prince George County, Va., CCAM represents a public-private collaboration offering faster commercialization of technologies for Virginia companies and enhanced educational opportunities for Virginia’s students. Research partners include Virginia State University, University of Virginia and Virginia Tech, and manufacturing partners include Canon Virginia Inc., Newport News Shipbuilding, Rolls-Royce, Sandvik Coromant, Siemens, and Sulzer Metco.

CCAM is one example of Virginia’s commitment to innovation. Home to 11 Federally Funded R&D Centers and 19 Federal Laboratory Consortium (FLC) Laboratories, including DARPA and NASA Langley Research Center, click here to learn why companies continue to select the Commonwealth as a leader in technology.

AREVA Opens U.S. Technical Center in Campbell County, Virginia

Friday, 5 October 2012 11:29 by Info@YesVirginia.org
AREVA, a leader in nuclear and sustainable energy, celebrated the ribbon cutting of the new AREVA U.S. Technical Center this September. The center, located in Campbell County, Va., opens just seven months after the company broke ground on the project which brings a $7 million capital investment.

AREVA, a leader in nuclear and sustainable energy, celebrated the ribbon cutting of the new AREVA U.S. Technical Center this September. The center, located in Campbell County, Va., opens just seven months after the company broke ground on the project which brings a $7 million capital investment.

The U.S. Technical Center will add to AREVA’s existing Solutions Complex, the largest collection of nuclear testing and service offerings in the U.S. The state-of-the-art U.S. Technical Center offers full-service nuclear safety testing, including a seismic analysis laboratory, environmental chambers, metallurgic and chemical labs, and industrial ovens.

AREVA provides customized solutions for efficient low-carbon power generation, which allow electric utilities to adapt quickly to new and changing regulations.

Home to a highly skilled and well educated workforce, Virginia has the personnel needed to fuel AREVA’s continued growth. In fact, Virginia companies employ the one of the highest concentration of doctoral scientist and engineers in the country.

Virginia’s ideal combination of abundant natural resources, excellent location for global access, and strong workforce draw energy leaders like AREVA and helps establish the Commonwealth as the Energy Capital of the East Coast.

To learn more about Virginia’s top workforce and leading role as Energy Capital of the East Coast click here.

McKesson Announces Third Distribution Center in Virginia

Wednesday, 26 September 2012 14:19 by Info@YesVirginia.org
This week, McKesson Corp. announced its third distribution center in the Commonwealth. The Frederick County project is expected to bring a $36.9 million investment and 205 new jobs to the region...

This week, McKesson Corp. announced its third distribution center in the Commonwealth. The Frederick County project is expected to bring a $36.9 million investment and 205 new jobs to the region.

Ranked No. 14 on the Fortune 500, McKesson is the largest pharmaceutical wholesaler in North America, delivering one-third of the medicines used each day.

The company plans to establish a 450,000-square-foot, build-to-suit distribution center in Frederick County for its Medical-Surgical business unit. Henrico County is already home to McKesson’s Medical-Surgical divisional headquarters as well as a distribution center.

This announcement is a strong follow-up to a project completed earlier this year. In April, McKesson celebrated the grand opening of its state-of-the-art distribution center in Caroline County. 

McKesson continues to choose Virginia for its strategic location and proximity to customers along the East Coast. With six major highways and the third largest state-maintained transportation network in the country, Virginia allows companies to improve their supply chain efficiency.

Over the last 10 years, global logistics companies have announced more than 360 projects in Virginia, totaling more than $1.6 billion in capital investment. To learn more about Virginia’s world-class logistics infrastructure, click here.

Fulcrum Concepts Breaks Ground on Headquarters in Virginia’s King and Queen County

Friday, 21 September 2012 09:12 by Info@YesVirginia.org
Fulcrum Concepts recently hosted a ground-breaking ceremony for its new headquarters location at the Middle Peninsula Regional Airport in King and Queen County, Va. Initially announced in January 2012, the project is expected to bring a $4.6 million investment and 31 new jobs to the region...

Fulcrum Concepts recently hosted a ground-breaking ceremony for its new headquarters location at the Middle Peninsula Regional Airport in King and Queen County, Va. Initially announced in January 2012, the project is expected to bring a $4.6 million investment and 31 new jobs to the region.

Founded in Virginia by three veterans in 2008, Fulcrum Concepts provides intelligence, surveillance and reconnaissance (ISR) training to integrate air, ground and intelligence assets. The company’s military and civilian customers include the Department of Defense, Homeland Security and various law enforcement groups.

The location at Middle Peninsula Regional Airport was selected as it offered the right balance of security with access to military-trained personnel from the Hampton Roads region. Each year, about 18,000 people exit Virginia military bases and enter the civilian workforce, providing a steady pipeline of skilled workers. 

In addition, Virginia’s position as a technology leader is well established—the Commonwealth provides companies with the highest concentration of high-tech workers, according to Cyberstates 2011.

Speaking about the benefits of Middle Peninsula Regional Airport, Managing Member of Fulcrum Concepts Michael Zinanni stated, “The airport has come under outstanding professional management, enhanced airport service and navigational aid improvement, and significant infrastructure improvements to include a runway and taxiway resurface able to accommodate a wide variety of aircraft. The vision for growth is in line with our desire to bring top quality professional service to our customers and community.”

Virginia continues to attract aerospace companies, bringing more than $1.5 billion in investment to the Commonwealth over the last 10 years. To learn why more than 230 aerospace companies call Virginia home, click here.

Lieutenant Governor Bill Bolling (center) is joined by company and local officials at the Fulcrum Concepts ground-breaking ceremony in King and Queen County, Va.

Virginia’s Mid-Atlantic Regional Spaceport Gets Closer to Launch Dates

Thursday, 20 September 2012 09:54 by Info@YesVirginia.org
Virginia Commercial Space Flight Authority (VCSFA) and Orbital Sciences Corporation recently signed a second Memorandum of Understanding, outlining their partnership to develop and improve the liquid-fuel-capable launch facility at Virginia’s Mid-Atlantic Regional Spaceport (MARS)...

Virginia Commercial Space Flight Authority (VCSFA) and Orbital Sciences Corporation recently signed a second Memorandum of Understanding, outlining their partnership to develop and improve the liquid-fuel-capable launch facility at Virginia’s Mid-Atlantic Regional Spaceport (MARS).

This public-private partnership indicates Virginia is at the forefront of the latest developments in aerospace—the growth of the commercial space sector. Virginia’s space industry is substantial, currently delivering $7.6 billion in economic output and supporting 28,110 jobs, according to a recent press release from Governor McDonnell.

Over the next few years, Orbital plans to utilize the MARS launch pad for eight cargo resupply missions to the International Space Station as part of its Antares rocket program. Orbital will also use the facility for test and demonstration flights.

Located at the NASA Wallops Flight Facility on Virginia’s Eastern Shore, MARS currently operates two launch pads, one for liquid fuel vehicles and one for solid fuel vehicles. Its full service capabilities and designation as both an Enterprise Zone and Foreign Trade Zone provides commercial, government, scientific and academic customers with low-cost access to space.

MARS is one of only four commercial sites authorized by the FAA for orbital space launches. In addition, MARS offers a low-risk trajectory over the Atlantic Ocean and optimal access to the orbit of the International Space Station.

To learn more about MARS and other facilities that make up Virginia’s burgeoning aerospace industry, click here.

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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.

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YesVirginia Business Blog | FAA Selects Virginia Tech as Test Site for Unmanned Aircrafts

FAA Selects Virginia Tech as Test Site for Unmanned Aircrafts

Friday, 3 January 2014 16:03 by Info@YesVirginia.org
The FAA recently announced that Virginia Tech was selected as one of six test sites across the country to conduct research on unmanned aircraft systems...

The FAA recently announced that Virginia Tech was selected as one of six test sites across the country to conduct research on unmanned aircraft systems.

This initiative will help the FAA establish safety standards that will allow UAS, such as drones, to share airspace and integrate with commercial airlines. Test sites were selected for their geographic and climate diversity, as well as existing infrastructure and aviation experience.

The test site at Virginia Tech will focus on UAS failure mode testing, and identify and evaluate operational and technical risk areas.

Virginia Tech led the submission of a joint proposal for Virginia, New Jersey and Maryland called the Mid-Atlantic Aviation Partnership. In order to enhance the region’s competitiveness, the governors of each state agreed to support the initiative, and Virginia Tech will partner with Rutgers University and the University of Maryland, College Park.

Virginia has already shown its support for UAS and securing the Commonwealth’s position as an aerospace leader. In December, Governor McDonnell announced Virginia Tech would receive more than $2.6 million in Federal Action Contingency Trust funds to operate the UAS test site.

In addition, the Mid-Atlantic Aviation Partnership successfully completed its first flight in October with a team from the Virginia Center for Autonomous Systems, a research partnership between Virginia Tech’s Institute for Critical Technology and Applied Science and the College of Engineering. The team attached sensory equipment provided by American Aerospace Advisors to an unmanned 250-pound helicopter. Using ultraviolet and infrared cameras, the group was able to gather data on the health of five acres of tobacco crops.

This type of research could help farmers quickly survey their land to gain a better understanding of crop health, reduce pesticide use and improve yield. Agriculture is expected to be a prime growth market for UAS technology.

This win for Virginia Tech illustrates the Commonwealth’s premier higher education system, as well as its leadership in the aerospace industry. To learn more click here.

A team from Virginia Tech prepares to launch an unmanned 250-pound helicopter for a research mission to determine if UAS can gather meaningful data for crop management.  Photo courtesy of Virginia Tech.

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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.

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