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Uncategorized (306)

Date Title Rating
2017-03-24 Virginia to Offer Foreign Direct Investment Expertise None
2017-02-01 Virginia Rises to Second in Atlantic Region in Annual Workforce Development Rankings None
2017-01-25 Virginia Economic Developers Recognized in National Ranking None
2016-12-16 Staying Focused on What Really Matters None
2016-09-01 Getting to Know: New River Valley None
2016-08-26 Virginia’s Woodworking Industry Provides Solid Foundation None
2016-06-23 Foreign Direct Investment Makes Massive Job Impact on Virginia None
2016-06-03 Sumitomo Machinery Corporation Celebrates 50 Years in North America 1
2016-05-26 Georgia Pacific’s Big Island Mill Celebrates 125 Years in Virginia None
2016-05-18 Distribution Companies Deliver Big Investment to Virginia None
2016-05-12 Cybersecurity Industry Surges Ahead in Virginia None
2016-05-05 Craft Beer Industry Thrives in Virginia None
2016-04-06 Mechatronics Curriculum Likely to Give Mega Boost to Roanoke’s Workforce Pipeline 1
2016-02-25 Governor McAuliffe Signs Memorandum of Understanding with Jeollanam-do Provincial Government to Enhance Economic Activity None
2016-02-17 Plastics Industry Thrives in Virginia None
2016-02-10 The Port of Virginia Reinvests in Richmond Marine Terminal None
2016-02-04 Virginia — Largest Data Center Market in U.S. Brings Significant Economic Impact None
2015-12-23 The Virginia Jobs Investment Program Celebrates Its 50th Anniversary None
2015-12-22 The Southern Virginia Higher Education Center’s Welding Program Holds Its First Completion Ceremony None
2015-11-10 Virginia — The Only State Ranked in Top Five Since the Inception of Pollina’s Pro-Business Study 2.8
2015-10-16 The Hague Security Delta Signs Cybersecurity Agreement with Fairfax County and VEDP 1
2015-10-07 VEDP COO Dan Gundersen Awarded IEDC’s 2015 Honorary Life Member Designation None
2015-09-22 Check out VEDP’s Ad for the UCI Road World Championships on NBC Sports None
2015-09-15 CCAM Graduates First Class of Transitioning Military and Veteran Training Students 4.5
2015-08-26 McKee Foods Celebrates 25 Years in Virginia 1
2015-08-18 Virginia Receives an “A” for Small Business Friendliness None
2015-08-13 Classes Commence at the Southern Virginia Higher Education Center’s IT Academy None
2015-07-29 VEDP’s Dan Gundersen to Speak at White House Forum on Economic Development None
2015-07-23 RaesWear — Pouch Pants that Solve the Storage Problem 5
2015-07-17 Wise, Virginia is Home to First FAA Approved Drone Delivery of Medical Supplies in the U.S. None
2015-07-14 Virginia’s Colleges and Universities Make Another Strong Showing on MONEY’s Best Colleges List None
2015-06-30 University of Mary Washington’s Convergence Center Joins Learning and Technology None
2015-06-22 Virginia Western Community College Offers Cutting-Edge Mechatronics Training None
2015-05-29 Specialty’s Our Name — Expanding a Family Business Through the Generations None
2015-05-28 Marstel-Day — Growing a Green Business in Virginia None
2015-05-21 Performance Signs — From a Dorm Room to the Highway 5
2015-05-14 Release Reels — An Entrepreneur’s Journey from Biking to Fishing 5
2015-05-07 NCS Technologies — A Case Study of Innovation During Sequestration None
2015-05-01 Highground Services — A Successful Graduate of the Franklin Business Incubator None
2015-04-21 Shenandoah Valley Partnership Launches inDEMAND Jobs Site 5
2015-04-17 Virginia Makes a Strong Showing on Kiplinger’s 2015 Best College Values List None
2015-04-14 VEDP and CCAM Receive Achievement in Innovation Award from Business Facilities Magazine None
2015-04-13 VEDP’s Advertising Agency Wins Best in Show for Stone Brewing Kit None
2015-03-27 Magnets USA Celebrates 25 Years and a New Facility in Virginia None
2015-03-10 Fort Lee Hosts the 40th Annual Military Culinary Arts Competitive Training Event None
2015-02-25 Virginia BioTechnology Research Park Expands Its Reach Across Virginia None
2015-02-20 Capstone Integrated Machining Technology Program Comes to Danville None
2015-02-06 Virginia Ranked a Top State for LEED Green Building Certifications in 2014 None
2015-02-04 Virginia Serious Game Institute Has a Banner First Year None
2015-01-23 VEDP Launches 2015 Digital Advertising Campaign None
2015-01-08 Amazon Fulfillment Center in Chesterfield Still Buzzing After the Holidays 2
2014-12-18 Southern Virginia Product Advancement Center Incubates Companies From the Lab to the Marketplace None
2014-12-10 VEDP Receives No. 2 State Economic Development Organization Ranking for 2014 None
2014-12-08 Charlottesville Entrepreneurs Launch Moonlighting Mobile Marketplace App 5
2014-11-21 VEDP Host Virginia Tour for Chinese Journalists 1
2014-11-12 Forbes.com Names Virginia A Best State for Business 1
2014-11-07 Global Center for Automotive Performance Simulation Established in Halifax County None
2014-10-31 VEDP Releases Two New Marketing Tools for Mobile Devices None
2014-10-29 Williamsburg-James City County School System Hosts Second Annual Manufacturing Day None
2014-10-20 VEDP Named a “Best in Class” Economic Development Group at IEDC Conference None
2014-10-14 NASA Grant Creates New STEM Education Program at Virginia’s Community Colleges None
2014-09-30 JMU Extends Collaboration to the Community with the Ice House None
2014-09-23 Mary Baldwin College Gives Tour of New College of Health Sciences Building None
2014-09-16 VCU’s da Vinci Center Offers Real-World Interdisciplinary Training 5
2014-09-03 VEDP Receives Six Communications Awards at the 2014 SEDC Annual Conference None
2014-08-21 Volvo Trucks Opens New Customer Experience Track in New River Valley None
2014-08-18 MAAP Unmanned Aerial Test Site at Virginia Tech Declared Fully Operational by FAA None
2014-08-13 Get to Know VEDP’s NEW COO Dan Gundersen 5
2014-08-12 Virginia Schools Rank High on the Forbes and Money Top Colleges Lists None
2014-07-31 Dream It, Do It – Virginia Hosts Seven Manufacturing Technology Camps This Summer None
2014-07-30 VSU Small Farm Outreach Program Helps Sabra Grow First Crop of Chickpeas in Virginia 5
2014-07-25 Richmond, Hampton Roads and Charlottesville are Top Happiest Metro Areas in the U.S. None
2014-07-15 Pollina Awards Virginia Another Top Pro-Business State Ranking None
2014-07-14 Orbital Sciences Completes Second Launch to the International Space Station None
2014-07-08 VEDP’s “Business Legacies Begin in Virginia” Video Wins Telly Award None
2014-07-03 VEDP Welcomes VJIP to the Team None
2014-06-30 Virginia a Top State for Private Equity Investment None
2014-06-17 Virginia Receives an A+ for Small Business Friendliness None
2014-06-09 Center for Advanced Film Manufacturing Established in Window Film Capital of the World None
2014-06-02 RockTenn’s West Point Mill Celebrates 100 Years in Virginia None
2014-05-21 U.S. Foreign Affairs Security Training Center Comes to Virginia’s Fort Pickett None
2014-05-09 The Virginia Tech Carilion School of Medicine Holds Its First Commencement Ceremony None
2014-04-21 Commonwealth Crossing Business Centre Breaks Ground in Martinsville-Henry County None
2014-04-14 Southern Virginia Advanced Manufacturing Center Receives Additional Funding 1
2014-03-28 Bioplastics — How One Virginia Company is Making Plastic out of Feathers None
2014-03-20 VEDP Releases Maritime Opportunities Export Report None
2014-03-19 Capital One Celebrates Opening of Chesterfield County Data Center None
2014-03-11 The Port of Virginia – the Only Port on the U.S. East Coast Ready Now for Post-Panamax Vessels None
2014-03-07 Plastics on the Rise — Insights from the Plastics News Forum 2014 None
2014-03-06 Virginia’s Focus on Cybersecurity Remains Strong None
2014-02-27 Richmond’s Legend Brewing Co. Celebrates 20 Years None
2014-02-24 Virginia Ranked Top 3 in LEED Green Building Certifications None
2014-02-21 VEDP Publishes Cybersecurity Export Market Report None
2014-02-11 Broadband Access is Key to Economic Growth in Healthcare IT 1
2014-01-27 Virginia Values Veterans — Helping Employers Reenergize their Labor Pool None
2014-01-14 The Launch Place Brings Entrepreneurs to Virginia’s Dan River Region 5
2014-01-09 Orbital Sciences Launches First Cargo Resupply Mission to the International Space Station None
2014-01-03 FAA Selects Virginia Tech as Test Site for Unmanned Aircrafts 5
2013-12-19 Dan River Region Launches Workforce Readiness Pilot Program for Virginia 3
2013-12-17 Prince George County Recognized as One of Eight Innovative U.S. Counties by NACo None
2013-12-11 Homegrown Martinsville Company Expands — Textiles Solid as a Stone in Virginia None
2013-12-09 Charlottesville Startup GigDog Launches from UVA’s i.Lab 1
2013-11-25 Lumi Juice — From Start-up to Store Shelves in Six Months 5
2013-11-21 Virginia Entrepreneurs — Dr. Lucy’s Takes Gluten-Free Global with VALET Program None
2013-11-20 Virginia Makes History Again — Orbital Sciences Launches First Satellite Built by High School Students None
2013-11-13 Virginia Conference on World Trade Celebrates 65 Years of Global Business Success None
2013-11-04 UMW Hosts Transformation 20/20 — A Regional Economic Development Summit None
2013-10-25 STIHL Inc. Wins AME 2013 Manufacturing Excellence Award None
2013-10-23 Williamsburg-James City County School System Celebrates National Manufacturing Day None
2013-10-16 Virginia Institute of Marine Science Bolsters the Commonwealth's Oyster Industry None
2013-10-03 Danville Community College Prepares Virginia's Advanced Manufacturing Workforce None
2013-09-25 Forbes.com Names Virginia America’s “Best State for Business” None
2013-09-24 Denbigh High School’s Aviation Academy Recognized as PRIME School for Manufacturing Education None
2013-09-19 Orbital Sciences Completes Launch from Virginia to the International Space Station None
2013-09-17 The MACH37 Cyber Accelerator Opens in Herndon, Virginia None
2013-09-09 First Deep Space Mission Launches from Virginia’s Wallops Flight Facility None
2013-09-05 Service Center Metals Celebrates 10-year Anniversary and Expansion None
2013-08-21 2013 ALEC-Laffer State Economic Competitiveness Index Ranks Virginia No. 5 in Economic Outlook None
2013-08-13 VEDP Launches ‘Going Global’ Initiative for Defense Companies None
2013-08-09 Virginia Receives Numerous Top Rankings from Business Facilities Magazine None
2013-08-01 Nine Virginia Schools Make Forbes 2013 America’s Top 200 Colleges Report None
2013-07-25 The Gateway Center for Enterprise Opens in Central Virginia None
2013-07-22 High-tech “Fab Lab” Comes to Virginia’s Patrick Henry Community College None
2013-07-17 German Investment in Virginia Continues—PRUFREX Establishes First U.S. Location None
2013-07-16 Institute of Advanced Learning and Research Launches First Company—Dan River Plants None
2013-07-11 Digital Realty Expands Campus in Loudoun County’s Data Center Alley None
2013-07-08 Tempur Sealy International Expands in Scott County, Virginia None
2013-06-28 Canon Virginia Adds Toner Manufacturing Operation to Newport News Facility None
2013-06-26 Intelliject CEO Wins E&Y Entrepreneur of the Year 2013 Greater Washington Award None
2013-06-25 International Paper’s Franklin Mill Gains Another Tenant—Franklin Lumber None
2013-06-10 VEDP’s Digital Advertising Recognized by Richmond Ad Club None
2013-06-06 HP Hood—Largest Investment in 30 Years by Expanding Company in Frederick County None
2013-05-30 Virginia Wins 2013 Silver Shovel Award from Area Development Magazine None
2013-05-29 Amazon Web Services Announces 500 New Jobs in Virginia None
2013-05-22 World’s Tallest Modular Building—Based in New York, Built in Virginia None
2013-05-09 American Electric Power Qualifies Two Data Center Sites in Virginia None
2013-05-06 U.S. Chamber of Commerce Ranks Virginia a Top State for Performance, Innovation and Talent None
2013-04-30 Governor McDonnell’s Asia Marketing Mission Yields Positive Results None
2013-04-29 Orbital Sciences Completes First Launch of Antares Rocket from Virginia None
2013-04-23 Virginia Receives an “A” for Small Business Friendliness None
2013-04-22 WhiteWave Foods Expands Plant in Rockingham County None
2013-04-02 Greencore Group Expands First Virginia Facility in Stafford County None
2013-03-27 CCAM Celebrates Grand Opening in Prince George County, Virginia None
2013-03-20 Mexican Company Announces First U.S. Location in Pulaski County, Va. None
2013-03-18 Shamrock Farms Breaks Ground in Augusta County, Virginia None
2013-03-15 VEDP Economist Touts Benefits of Virginia’s Offshore Wind Industry to House Committee None
2013-03-12 Unilever Invests $96.2 Million in Suffolk, Va. Lipton Tea Plant None
2013-03-07 Porter’s Group Comes to Lynchburg, Virginia None
2013-03-05 Shenandoah Valley Partnership Launches Education and Training Database None
2013-02-28 Commonwealth Graduate Engineering Program Celebrates 30 Years None
2013-02-25 Liebherr Mining Equipment Co. Expands in Hampton Roads, Virginia None
2013-02-21 New Logistics Research Center Established in Central Virginia None
2013-02-14 International Subsidiary Daikin McQuay Expands in Augusta County None
2013-02-12 Virginia Beach Develops Economic Gardening Initiative None
2013-02-08 Virginia’s Biotech Industry Gains Another Asset: Virginia Biosciences Health Research Corp. None
2013-02-06 Microsoft Announces $348 Million Expansion to Virginia Data Center Campus None
2013-01-28 Virginia Recognized as Top State for Green LEED Certifications in 2012 None
2013-01-24 JMU Helps Build Virginia’s Cyber Security Workforce None
2013-01-15 VSU Part of Team Awarded $400 Million U.S. Army IT Contract None
2013-01-09 Prince William County Science Accelerator Augments Virginia’s Booming Biotech Industry None
2013-01-08 William & Mary Unveils the Commonwealth Center for Energy and the Environment None
2012-12-20 Kraft Foods Invests $25 Million to Expand Virginia Plant None
2012-12-19 Virginia CEO Wins Ernst & Young Entrepreneur of the Year Award None
2012-12-17 Virginia’s Wind Industry Gains Speed with Two Federal Announcements None
2012-12-14 VEDP Launches Updated Interactive Tool “Compare Virginia” None
2012-12-13 Virginia Receives Top Ranking on Forbes.com’s 2012 Best States For Business None
2012-12-11 Leading Global Satellite Services Provider Intelsat Moves Headquarters to Virginia None
2012-12-05 Latin American Subsidiary Phoenix Packaging Continues Growth in Pulaski County None
2012-12-04 Rolls-Royce Announces Second Facility on Virginia Crosspointe Campus None
2012-11-29 HanesBrands Inc. Expands in Patrick County None
2012-11-15 WEIGHTPACK Moves Headquarters from Italy to Virginia None
2012-11-14 CCAM Opens Facility in Prince George County, Virginia None
2012-11-13 STEM Mobile Learning Lab—A Vehicle for Educating Virginia Students None
2012-11-06 VEDP Releases Exporting Guide for Service Companies None
2012-11-02 Celanese Corp. Converts Giles County Celco Plant to Natural Gas None
2012-11-01 VEDP Launches “YesVA” App 2
2012-10-26 National Tire Research Center Displays New Tire Testing Machine “Flat-Trac LTRe” None
2012-10-25 New Coatings Research Facility “C-CARE” Unveiled in South Boston, Virginia None
2012-10-23 UBED Advances: VEDP and Virginia’s Universities Sign Agreement None
2012-10-19 RTI International Metals Inc. Commences Titanium Production at Martinsville Plant None
2012-10-17 RockTenn Hosts Ribbon-Cutting Ceremony for Natural Gas Pipeline None
2012-10-15 Virginia Beach Hosts 2012 AWEA Offshore Wind Conference None
2012-10-12 CCAM Member Company Sponsors Seminar for Virginia’s Engineering Students None
2012-10-05 AREVA Opens U.S. Technical Center in Campbell County, Virginia None
2012-09-26 McKesson Announces Third Distribution Center in Virginia None
2012-09-21 Fulcrum Concepts Breaks Ground on Headquarters in Virginia’s King and Queen County None
2012-09-20 Virginia’s Mid-Atlantic Regional Spaceport Gets Closer to Launch Dates None
2012-09-14 Carded Graphics Continues Growth Trajectory in Staunton, Va. None
2012-09-12 Montgomery County Gains another 50 Jobs—Social Media Company Heyo Expands None
2012-09-07 Multiple Virginia Locations Ranked Top Ten by CNN Money’s Best Places to Live None
2012-09-06 Aeroprobe Corporation Expands into Montgomery County, Va. None
2012-09-04 The Vitamin Shoppe Brings First Distribution Center to Virginia None
2012-08-31 Virginia’s Metro Areas Win Four Top Ten Rankings from Business Facilities Magazine None
2012-08-30 GE Celebrates One-Year Anniversary and 100 Hires in Henrico County None
2012-08-29 Backcountry.com Opens East Coast Fulfillment Center in Montgomery County, Va. None
2012-08-22 Global Tech Leader iGATE Expands U.S. Presence in Loudoun County None
2012-08-21 Commonwealth Laminating & Coating Announces Second Expansion in Nine Months 5
2012-08-17 McKee Foods Expands Manufacturing Operation in Augusta County None
2012-08-15 Virginia is Top 3 Again in Business Facilities’ 2012 State Rankings Report None
2012-08-13 World’s Largest Credit Union Expands Virginia Footprint 5
2012-08-10 Cadence Inc. Celebrates Growth in Virginia—Expansion is Ahead of Schedule None
2012-08-07 Morooka America Establishes its First U.S. Track Carrier Manufacturing Plant None
2012-08-02 International Paper’s Franklin Mill Finds a New Tenant in Tak Investments None
2012-07-31 Ace Hardware Celebrates Grand Opening of East Coast Import Center in Virginia None
2012-07-27 Renewable Energy Company Enviva Breaks Ground on Virginia Manufacturing Facility 2.8
2012-07-26 The Institute for Advanced Learning and Research Hosts Launch of Virginia Polymer Coalition None
2012-07-18 International Paper Commences Manufacturing Operations at Franklin Mill None
2012-07-13 Big R Bridge Announces First Virginia Location in Washington County None
2012-07-11 Virginia Delegate Landes Named BIO State Legislator of the Year None
2012-07-09 Virginia Wins Area Development’s 2012 Silver Shovel Award None
2012-07-05 New Capital One Data Center Comes to Chesterfield County 3
2012-06-29 UBED—JMU’s Virginia Center for Wind Energy Educates the Industry None
2012-06-28 Virginia Port Authority and VEDP Launch Joint Marketing Initiative None
2012-06-25 Sabra Dipping Co. Expands its Footprint in Chesterfield County, Va. None
2012-06-21 German Subsidiary Berryville Graphics Expands in Clarke County, Va. None
2012-06-19 DARPA Opens New Headquarters Building in Virginia’s Science Corridor None
2012-06-18 Virginia Commended as America’s Most Livable State by U.S. Chamber of Commerce None
2012-06-14 UBED—Piedmont Virginia Community College Prepares Analysts for the Intelligence Community None
2012-06-13 Leading Lime Producer Carmeuse Lime & Stone Expands in Frederick County None
2012-06-11 Small Businesses Rank Virginia A Top Ten Friendliest State for Doing Business None
2012-06-07 UBED—Economic Gardening: William & Mary Incubates Growing Businesses None
2012-06-04 Mail America Expands in Bedford County, Virginia None
2012-05-31 UBED — Virginia Tech Leverages Alumni Network to Develop Cyber Security Solutions None
2012-05-30 German Manufacturer McAirlaid’s Expands in Virginia None
2012-05-24 UBED — Old Dominion University Develops A Knowledge Community None
2012-05-22 Blacksburg, Va. Ranked Top 5 on Forbes.com Best Small Cities for Jobs List None
2012-05-21 Virginia State University’s Business School Wins Three Awards None
2012-05-18 Digital Realty Adds to Loudoun County’s Data Center Alley None
2012-05-14 ICF International Opens Business Process Management Center in Henry County, Va. None
2012-05-07 Virginia Wins Site Selection Magazine’s 2011 Competitiveness Award None
2012-05-02 Balchem Corp. Opens First Operation in Virginia None
2012-05-01 Virginia Wins Another Defense Company's Corporate Headquarters None
2012-04-27 Engility Corp. Establishes Global Headquarters in Virginia None
2012-04-25 Bristol, Virginia’s NextGen Broadband Network Recognized in National Study None
2012-04-20 Healthcare Leader McKesson Corp. Expands Footprint in the Commonwealth None
2012-04-13 American Legislative Exchange Council Gives Virginia a Top 3 Ranking For Economic Outlook None
2012-04-05 31 Virginia Professors Make The Princeton Review’s Best 300 Professors List None
2012-04-03 Richmond, Virginia Receives a Top 3 Ranking on Gallup’s Job Creation Index None
2012-03-26 4G Wireless Comes to Southwestern Virginia None
2012-03-20 MWV Launches Center for Packaging Innovation Pilot Plant None
2012-03-15 Site Selection Magazine’s Governor’s Cup Awards Virginia a Top 5 Ranking None
2012-03-13 Volvo Trucks’ New River Valley Plant First to Achieve Two Energy Certifications None
2012-03-08 Water from Virginia’s Rockingham County Judged Top 5 in the Nation None
2012-03-06 eBay Company GSI Commerce Expands in Henry County None
2012-03-01 Evatran’s Plugless Power System Pioneers Electric Vehicle Wireless Recharging None
2012-02-27 Made In America — Insourcing On the Rise 5
2012-02-23 Virginia Small Business Financing Authority Launches Micro-Loan Program None
2012-02-21 Laminate Technologies Can’t Resist Virginia’s Furniture Community in Henry County 2
2012-02-17 Virginia’s Wind Industry Moves Forward On and Offshore None
2012-02-14 Virginia’s Noblis Center for Applied High Performance Computing is Open for Business 5
2012-02-13 Virginia Delivers — Inaugural Flower Shipment from Ethiopia None
2012-02-09 Fortune 100 Company Honeywell Chooses Virginia - Again None
2012-02-08 Advance Auto Parts Adds Financial Center to Virginia Headquarters None
2012-02-07 Tessy Plastics - Second Injection Molding Company to Expand in Virginia in 45 Days None
2012-02-06 U.S. Secretary of Commerce Visits Virginia Company Paramount Industrial Cos. 5
2012-01-27 CCAM Receives 2012 Manufacturing Leadership 100 Award None
2012-01-19 Virginia’s Community College System Receives Innovation in Government Award None
2012-01-17 Virginia’s Region 2000 Wins Public-Private Partnership Award 4
2012-01-11 Virginia – A Leader in High-Tech None
2012-01-09 Enviva Launches First Shipment from Virginia’s Port of Chesapeake None
2011-12-22 Amazon.Com Brings 1,350 New Jobs to Virginia 5
2011-12-20 German Manufacturer Shifts into High Gear Bringing 80 New Jobs to Virginia Beach None
2011-12-19 Rubbermaid Commercial Products Announces Expansion in Virginia None
2011-12-09 Transportation Gains Momentum in Virginia None
2011-12-05 Forbes.com Ranks Virginia #2 Best State for Business for Second Year Running None
2011-12-01 Virginia’s Renewable Energy Industry Expands 3.8
2011-11-29 Alpha Natural Resources Opens Headquarters in Bristol Virginia None
2011-11-22 Made in America - Virginia's Plastics Industry Expands Again None
2011-11-18 Dulles International Airport Delivers More than Passengers None
2011-11-17 Blacksburg Virginia Named Bloomberg Businessweek’s #1 Best Place in the U.S. to Raise Kids None
2011-11-15 Virginia On Target at CoreNet Global Summit None
2011-11-09 New ITT Exelis Headquarters Open for Business None
2011-11-07 Top U.S. Construction Company Brings 625 Jobs to the Top State for Business None
2011-11-01 Virginia Brews Up 800 New Jobs in Isle of Wight None
2011-10-28 U.S. News and World Report Recognizes Virginia’s Education System None
2011-10-21 Did you know this is Manufacturing Appreciation Week? None
2011-10-20 Virginia Sails Closer to Becoming the Energy Capital of the East Coast None
2011-10-05 Microsoft and Virginia - A Partnership for the Future None
2011-09-27 Montgomery County Makes Inc. Magazine’s 500|5000 List for 2011 None
2011-09-20 A Success for Dex None
2011-09-15 Praise for Hanover County None
2011-09-09 Center for Advanced Engineering and Research Opens in Bedford County None
2011-08-16 Have You Heard? None
2011-08-12 SRI’s Center for Advanced Drug Research Continues to Grow None
2011-08-08 Virginia Companies Join Forces None
2011-08-03 Virginia named #1 for Economic Growth Potential None
2011-07-07 A Successful Tomorrow Starts Today None
2011-06-29 Third Time's a Charm- Virginia Ranked CNBC's Top State for Business None
2011-06-27 Volvo Trucks Achieves Energy Efficiency Goals None
2011-06-23 Virginia Tech Corporate Research Park Receives Award of Excellence None
2011-05-23 From Rebuild to Reopen None
2011-05-23 The Big Apple None
2011-04-22 We're wired up! None
2011-01-04 VEDP VALET Graduate Receives Prestigious National Award 4
2010-12-29 Preparing Virginia's Future Engineers None
2009-10-19 A Rolls-Royce Style Celebration 4
2009-09-14 We Blow a Lot of Hot Air None
2009-08-28 Grow Internationally With a Helping Hand None
2009-08-14 Celebration Leads to Jobs in Martinsville None
2009-08-10 Virginia Helps Companies Make Headlines None
2009-07-06 The Power of the Future Belongs to Virginia 5
2009-06-25 We’re Pro-Business and We’re Proud 5
2009-06-17 Pounding International Pavement 5
2009-06-12 Green is in High Gear in Virginia 5
2009-06-04 IT Just Got a Little Cheaper to Operate in Virginia 4.5
2009-05-19 VEDP is Entering the Blogosphere 4.4

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

Tessy Plastics - Second Injection Molding Company to Expand in Virginia in 45 Days

Tuesday, 7 February 2012 09:50 by Info@YesVirginia.org
Virginia is a great place for plastics companies. With Rubbermaid Commercial Products announcing an expansion in December, Tessy Plastic’s January announcement is a strong indicator that injection molding companies are on the rise in the Commonwealth...

Virginia is a great place for plastics companies. With Rubbermaid Commercial Products announcing an expansion in December, Tessy Plastic’s January announcement is a strong indicator that injection molding companies are on the rise in the Commonwealth.

Operating in Lynchburg, Va., since 1997, Tessy Plastics plans to invest $4.8 million to expand its current 60,000-square-foot facility by nearly 30,000 square feet. The new space will be used for additional high-technology injection molding, robotics and assembly equipment, primarily serving the company’s growing medical sector. The project will create 60 new jobs, adding to the company’s 143-person Virginia workforce.

Tessy Plastics selected Lynchburg, Va., due to its proximity to the company’s customer base and confidence in the local workforce. “We at Tessy Plastics have an excellent, hardworking and honest workforce. With our great employees and the partnership with the city of Lynchburg and the state of Virginia, I look forward to investing in our future to make us a stronger, more efficient company which will help us stay competitive in a global market,” said Tessy Plastics President Ken Beck.

Virginia is able to attract leading plastics companies due to its strategic East Coast location, world-class transportation system, competitive operating costs and its highly skilled workforce, referenced above.  Virginia’s higher education system offers a number of training programs to meet the needs of the plastics industry. Those programs include the High Performance Manufacturing Technician certification offered through the Virginia Community College System, the Certificate in Polymer Manufacturing Processes at Danville Community College, the Advanced Manufacturing and Packaging Technology curriculum at Dabney S. Lancaster Community College, and the Center for High Performance Manufacturing and the Macromolecules and Interfaces Institute, both at Virginia Tech.

With more than 200 plastics companies operating in the Commonwealth, Virginia actively participates in industry events, such as the Plastics News Executive Forum and the upcoming National Plastics Expo in Orlando, Fl., from April 2-5. Come visit VEDP at booth #174 to learn more about Virginia’s strengths in the plastics industry.

U.S. Secretary of Commerce Visits Virginia Company Paramount Industrial Cos.

Monday, 6 February 2012 09:32 by Info@YesVirginia.org

U.S. Secretary of Commerce John Bryson recently toured the factory floor of Paramount Industrial Cos., located in Norfolk, Va. The visit came a day after President Obama’s State of the Union address, in which the President emphasized the importance of building the U.S. manufacturing base and keeping these jobs stateside.

Paramount Industrial is the first national mattress manufacturer to be Made in USA Certified®. Established during the Great Depression, Paramount Industrial is a third-generation, family-owned business that has been part of the Norfolk community since 1933. The company’s mattress line includes: A.H. Beard, Back Performance, Boutique Hotel, GoodNite Kids, Heavy Duty, Nature’s Spa, Quilt O PEDIC and Sleep for Success.

With mattress sales correlated to the housing market, Paramount Industrial has investigated ways to expand into international markets. Working with the Virginia Economic Development Partnership (VEDP), the company has visited China on multiple occasions to pursue sales opportunities. This past July, Paramount Industrial was accepted into VEDP’s Virginia Leaders in Export Trade (VALET) program as part of its 20th class. The award-winning VALET program assists established Virginia companies with their global marketing efforts through a two-year business acceleration program. Through marketing trips and introductions to a team of international service providers, companies experience an 88 percent increase in international sales, on average.

To learn more about VEDP’s programs helping Virginia companies to export across the globe click here. Or if you’re an international company interested in locating in Virginia click here.

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CCAM Receives 2012 Manufacturing Leadership 100 Award

Friday, 27 January 2012 14:53 by Info@YesVirginia.org
Virginia’s Commonwealth Center for Advanced Manufacturing (CCAM) recently won a 2012 Manufacturing Leadership 100 Award (ML100) in the category of New Workforce. The awards are presented by Manufacturing Executive, a division of Thomas Publishing LLC of New York.

Virginia’s Commonwealth Center for Advanced Manufacturing (CCAM) recently won a 2012 Manufacturing Leadership 100 Award (ML100) in the category of New Workforce. The awards are presented by Manufacturing Executive, a division of Thomas Publishing LLC of New York.

Created eight years ago, the ML100 Awards recognize excellence, innovation and transformational projects in the field of manufacturing. The New Workforce category seeks to honor companies that “have come up with innovative ways to bring new workers with critically needed new skills into the workplace, and to allow them to productively collaborate with and learn from existing knowledge experts. Winning projects, for example, will involve education and training, knowledge management and transfer, and collaboration with educational institutions,” according to Manufacturing Executive.

The award criteria is a near perfect description of CCAM, which brings together leading manufacturing companies and top educational institutions to collaborate and develop new technologies that result in a more efficient manufacturing process. Canon Virginia Inc., Chromalloy, Newport News Shipbuilding, Rolls-Royce, Sandvik Coromant and Siemens are a few of the market leading companies that participate in the program with the University of Virginia, Virginia Tech and Virginia State University. CCAM’s research efforts focus on developing solutions for surface engineering and manufacturing systems. Research is already underway in labs at UVA and Virginia Tech while CCAM's 60,000 square-foot, high-technology facility is expected to open in September 2012 in Prince George County, Va.

To learn more about Virginia’s internationally recognized R&D facilities and why companies choose Virginia for its access to cutting-edge research and technology, click here.

Virginia’s Community College System Receives Innovation in Government Award

Thursday, 19 January 2012 15:29 by Info@YesVirginia.org
Virginia’s Community College System was recently awarded the Innovation in Government award for the development of an online career and educational tool called the Virginia Education Wizard.

Virginia’s Community College System was recently awarded the Innovation in Government award for the development of an online career and educational tool called the Virginia Education Wizard. The award was given by the L. Douglas Wilder School of Government and Public Affairs at Virginia Commonwealth University as part of its Excellence in Virginia Government Awards, recognizing outstanding contributions that have a significant impact on Virginia’s citizens.

The Virginia Education Wizard, located at www.vawizard.org, allows users to narrow down their choice of career by taking a number of interest, value and skill assessment tests. It then provides information on colleges offering programs in the targeted subject area. The site also offers students and parents information on planning for college, including test preparation and financial aid. This is all accomplished with the assistance of an online guide, named Ginny, who walks users through each step.

Developed by Chmura Economics & Analytics in tandem with IT professionals at Virginia’s Community Colleges, the website pulls in real-time market data from Chmura Economics & Analytics. Since its launch in March 2009, more than 314,000 individual accounts have been created. The site also topped one million visits in August 2011. The tool is successfully being used not only by high school students, but also by career coaches and guidance counselors, as it provides one location with everything needed for the college planning process.

The success of the Virginia Education Wizard illustrates the strength of Virginia’s excellent education system, preparing a highly skilled workforce to support a wide variety of industry needs. Virginia’s Community College System was developed more than 40 years ago and provides occupational and technical training programs through its 23 schools across 40 campuses. With nearly half a million students taking classes each year, companies located in Virginia have access to a steady stream of highly trained employees.

To learn how Virginia’s quality workforce can support your industry click here.

Virginia’s Region 2000 Wins Public-Private Partnership Award

Tuesday, 17 January 2012 15:47 by Info@YesVirginia.org
Region 2000, representing the 2,000 square miles surrounding Lynchburg, Va., received the Public-Private Partnership award for its work in establishing a collaborative environment between leading businesses and educational institutions to foster regional economic development.

Region 2000, representing the 2,000 square miles surrounding Lynchburg, Va., received the Public-Private Partnership award for its work in establishing a collaborative environment between leading businesses and educational institutions to foster regional economic development. The award is part of the Excellence in Virginia Government Awards given by the L. Douglas Wilder School of Government and Public Affairs at Virginia Commonwealth University.

Region 2000 partners with six organizations to provide economic development, regional planning, workforce training and networking opportunities for the Lynchburg area. One of its newest organizations is the Center for Advanced Engineering and Research (CAER), a R&D center established to provide local companies with access to university research to speed the development of innovative products and technologies.

The Center for Advanced Engineering and Research opened in August 2011 and currently comprises three facilities. First, the CAER Research and Education Facility, located at New London Business and Technology Park in Bedford County, includes a nuclear power plant room simulator, three-dimensional simulation computing capability, research labs and a cognitive radio test room. Second, CAER operates a Wireless Test Facility in conjunction with Liberty University. This Open Area Test Site, originally developed by Ericsson, is designed to conduct Electro Magnetic compatibility testing. Third, the Wireless Sensor Lab operates as a partnership between CAER, the University of Virginia and Central Virginia Community College. This Multiscale Agile Systems Technology Lab supports the research of motes and other miniature electronic devices.

The CAER is a prime example of the many public-private partnerships established across Virginia to expedite innovation in the technology, advanced manufacturing and energy sectors. To learn more about Virginia’s key business sectors click here.

Below  - Governor L. Douglas Wilder congratulates Region 2000 Economic Development Council Director Bryan David.

Virginia – A Leader in High-Tech

Wednesday, 11 January 2012 15:37 by Info@YesVirginia.org
Virginia adds to its dominance in the high-tech sector by winning the new headquarters location for Acentia, a premier provider of technology and management solutions for both federal and commercial customers, which has moved from Maryland to its new home in Fairfax County. The project includes a $3.1 million investment and the creation of 60 new jobs for the Commonwealth.

Virginia adds to its dominance in the high-tech sector by winning the new headquarters location for Acentia, a premier provider of technology and management solutions for both federal and commercial customers, which has moved from Maryland to its new home in Fairfax County. The project includes a $3.1 million investment and the creation of 60 new jobs for the Commonwealth.

While high-tech is often associated with the Silicon Valley, Virginia actually has the highest concentration of high-tech companies in the country. That’s according to the recently-released Enterprising States 2011: Recovery and Renewal for the 21st Century prepared by Praxis Strategy Group and Joel Kotkin for the U.S. Chamber of Commerce. In 2010 there were 12,999 high-tech firms in Virginia in industries such as Computer Systems Design Services, Engineering Services, Semiconductor and Related Device Manufacturing and Software Publishing. Over the last five years, Virginia’s high-tech sector has grown by 2,305 firms.

In addition to having the highest concentration of high-tech firms, Virginia also has the nation’s highest concentration of high-tech workers, according to the trade publication Cyberstates 2011. High-tech sector jobs grew to 277,575, up 6.7 percent in the Commonwealth from 2005 to 2010. Even more impressive, during this same time period high-tech employment fell by 6 percent nationwide.

Possessing a highly skilled IT workforce was an important part of winning the Acentia headquarters location for Virginia. According to Acentia CEO Todd Stottlemyer, “Fairfax County gives us access to the highly-skilled technical staff and management consultants we need to continue to provide essential services to our customers. As a company with very aggressive growth plans, we are excited about the possibilities that moving our headquarters to Virginia presents to our customers and the entire Acentia team. Our new space should be a springboard to a great 2012 for Acentia.”

To learn why Acentia and other high-tech companies such as CSC, General Dynamics and Northrop Grumman have all chosen Virginia, click here.

Enviva Launches First Shipment from Virginia’s Port of Chesapeake

Monday, 9 January 2012 15:16 by Info@YesVirginia.org
On New Year’s Eve, Enviva LP opened its deep water terminal at Virginia’s Port of Chesapeake. The first shipment, consisting of 28,000 metric tons of wood pellets, is destined for Europe aboard the MV Daishin Maru.

On New Year’s Eve, Enviva LP opened its deep water terminal at Virginia’s Port of Chesapeake. The first shipment, consisting of 28,000 metric tons of wood pellets, is destined for Europe aboard the MV Daishin Maru

Enviva acquired the deep water terminal last January to handle up to three million tons of biomass export to international customers. The company constructed a 157-foot-tall silo at the site, able to store 45,000 metric tons of wood pellets at a time and withstand extreme weather conditions due to its technologically advanced design.

Enviva selected the Port of Chesapeake due to its deep water capacity and ability to handle a variety of vessels, as well as its access to international markets and proximity to biomass sources and other company operations. The company already has a facility in the region, and announced its plans to build a 454,000 metric ton wood pellet manufacturing facility in Southampton County, Va., this past November. The $75 million investment will create 64 new full-time jobs, plus the additional jobs created through the company’s logging supply chain.

With demand for renewable sources of energy expected to increase, Enviva, a leader in biomass fuel manufacturing, is well-positioned for growth. The company expects its facility at the Port of Chesapeake to be a “flagship operation,” as it is ideally situated close to the biomass supply chain with the capabilities to reach global customers. 

To learn more about why Virginia is laying claim to the title, “Energy Capital of the East Coast,” click here.

Amazon.Com Brings 1,350 New Jobs to Virginia

Thursday, 22 December 2011 15:56 by Info@YesVirginia.org
Just in time for the holidays, Amazon.com announced it will invest $135 million to establish two fulfillments centers – one in Chesterfield County and one in Dinwiddie County. 1,350 new jobs will be created from the combined project, which is the largest job announcement Virginia has seen since 2004.

Just in time for the holidays, Amazon.com announced it will invest $135 million to establish two fulfillments centers – one in Chesterfield County and one in Dinwiddie County. 1,350 new jobs will be created from the combined project, which is the largest job announcement Virginia has seen since 2004.

This joint win comes as a result of both counties working over many years to ensure their business parks would attract world class companies like Amazon. The Meadowville Technology Park in Chesterfield and Dinwiddie Commerce Park in Dinwiddie are shovel-ready sites offering sufficient water, gas, and electricity capacity for large business customers, as well as convenient access to I-95, I-85 and the nearby UPS hub.

Due to their central East Coast location, these two fulfillment centers will expand Amazon’s distribution ring across the U.S. and allow the company to easily service customers within one to two business days. Virginia already has a strong reputation for its logistics capabilities reaching both global and domestic markets. The Port of Virginia, with its deep harbor and Suez-class cranes, offers companies the only East Coast location able to hand post-Panamax vessels as first port of call. With two Class I railroads, an Inland Port, and a world-class interstate system, companies located in Virginia can transport goods to customers quickly and cheaply.

Virginia is a popular place for logistics companies with two recent announcement including Ace Hardware and Backcountry.com. To learn more about Virginia’s logistics capabilities and why more than 364 global logistics projects have been announced in the past ten years click here.

German Manufacturer Shifts into High Gear Bringing 80 New Jobs to Virginia Beach

Tuesday, 20 December 2011 15:33 by Info@YesVirginia.org
On Friday, IMS:GEAR Virginia announced plans to expand its manufacturing operations in Virginia Beach, Va. The company has successfully operated in Virginia Beach since 2000, growing to become one of the leading suppliers of car seat gear assemblies to the North American automotive market.

On Friday, IMS:GEAR Virginia announced plans to expand its manufacturing operations in Virginia Beach, Va. The company has successfully operated in Virginia Beach since 2000, growing to become one of the leading suppliers of car seat gear assemblies to the North American automotive market. In order to meet the increasing demand from its Tier 1 customer base, the company is investing $35.5 million in a new facility and additional machinery that will significantly increase its production capacity.  

With global headquarters in Germany, the company certainly had a wide choice of locations. Virginia was able to compete against Georgia and keep the company in the Commonwealth due to Virginia’s favorable business environment and the quality of its workforce. Virginia’s automotive industry employs close to 15,000 people who are well-prepared by the world-class engineering programs offered through Virginia’s higher education system. In addition, the Commonwealth maintains a number of automotive R&D facilities, including the Virginia Tech Transportation Institute, the Virginia Tech Advanced Vehicle Dynamics Lab, The Virginia Tech Center for Automotive Fuel Cell Systems, the National Tire Research Center, the National Crash Analysis Center, the Virginia Institute for Performance Engineering and Research, the University of Virginia Center for Applied Biomechanics, and Old Dominion University’s Full Scale Wind Tunnel at NASA Langley.

Despite concerns about the economy’s impact on the overall industry, automotive manufacturers are still finding a home in Virginia. With 170 automotive companies across the state, Virginia companies cover all aspects of the industry, including vehicle assembly, bodies and trailers, component parts and tires. Virginia’s workforce and pro-business climate continue to attract investment, as more than 100 automotive projects totaling $1.6 billion have created more than 5,540 new jobs over the last ten years. 

Some of the leading automotive companies that have set up operations in the Commonwealth include Federal-Mogul, Continental AG, Dynax America, Goodyear Tire & Rubber, Volvo Trucks North America and Volkswagen of America. To learn more about Virginia’s assets in the automotive industry click here.

Rubbermaid Commercial Products Announces Expansion in Virginia

Monday, 19 December 2011 17:15 by Info@YesVirginia.org

Last Thursday, Rubbermaid Commercial Products (RCP) announced it will create 71 new jobs and invest $67.25 million to expand its manufacturing operations in Winchester and establish a new distribution center in nearby Frederick County. The company has a longstanding relationship with the Commonwealth, as Winchester has also served as the company’s headquarters location since 1968.

The expansion in Winchester will allow the company to increase its production capabilities and improve its energy efficiency by replacing older equipment with state-of-the-art injection molding equipment. In Frederick County, the company is taking over the now-vacant G.E. Lighting facility and will convert this into an updated 454,000-square-foot global logistics center. The availability of a suitable logistics facility close to the company’s headquarters certainly aided the Commonwealth in securing this project.

Known for its leading commercial cleaning and sanitation products, RCP’s growth includes both domestic and global customers, such as Shangri-La Hotels worldwide and the Hong Kong Airport. Virginia’s superior logistics capabilities were a critical advantage in winning this deal. Both locations provide convenient access to I-66 and I-81, and with the Virginia Inland Port only a few miles away, the company can access international markets through the Port of Virginia.   

The Winchester-Frederick County area is quickly becoming a hub for global manufacturing companies. O’Sullivan Films, Federal-Mogul, Kraft Foods, H.P. Hood and Thermo-Fisher Scientific are just a few of the leading manufacturers that have chosen to expand operations in the area. To learn more about Virginia’s manufacturing capabilities and why these companies said yes to Virginia click here.

Transportation Gains Momentum in Virginia

Friday, 9 December 2011 15:29 by Info@YesVirginia.org
VEDP recently hosted a Global Logistics Forum for Virginia economic developers, site selection consultants and logistics providers to discuss supply chain market dynamics. Hitting maximum capacity, this gathering couldn’t have been more timely given the recent activity in transportation infrastructure projects across the Commonwealth.

VEDP recently hosted a Global Logistics Forum for Virginia economic developers, site selection consultants and logistics providers to discuss supply chain market dynamics. Hitting maximum capacity, this gathering couldn’t have been more timely given the recent activity in transportation infrastructure projects across the Commonwealth. 

The Governor’s 2011 transportation proposal was the largest investment road and railways had seen in 25 years. In addition, Virginia’s transportation infrastructure has been strengthened by a flurry of recent public-private partnerships announcing improvements to  Route 58 and the Coalfields Expressway in Southwestern Virginia, the I-95 HOV/Hot lanes project in Northern Virginia, and the Midtown Tunnel and MLK Expressway extension project in the Hampton Road region.

And just why is transportation getting all this attention? It appears word has gotten out that transportation infrastructure and economic development are directly related. This was a key theme of the VEDP Global Logistics Forum, and in the words of Governor McDonnell the two are “inextricably linked”. Bringing companies and jobs to Virginia brings more people to the Commonwealth, and these additional people add more cars to the roads and consume more goods, requiring more freight to be delivered to communities. Nationally, freight is expected to increase 19 percent by the year 2022. Without investment in maintaining and expanding this infrastructure, inefficiencies will result in a competitive disadvantage, certainly felt more acutely in an environment of increasing energy costs.

Virginia is fortunate to a have a truly intermodal system of transportation spanning the water, railways, roads, air and even into space. As each mode is related to the entire system, an increase or decrease in efficiency in one mode affects the entire system. This interdependency acts as a multiplier effect, thus any investment to improve one mode, exponentially improves the efficiency of the entire transit system. 

The Commonwealth’s transportation system is certainly getting the attention and investment it deserves in order to, literally, lay the groundwork for Virginia’s future growth. As Virginia seeks to advance its position as CNBC’s Top State for Business, improvements to transportation infrastructure allow the Commonwealth to compete at the global level and attract businesses, jobs and consumers to Virginia.

To learn more about Virginia’s global logistics assets and why the Commonwealth is a leading gateway to the world click here.

(Pictured below:  VEDP Logistics Business Development Manager, Warren Hammer, presents Virginia’s transportation assets to a group of industry professionals.)

Governor McAuliffe Signs Memorandum of Understanding with South Korea’s Jeollanam-do Provincial Government to strengthen economic and cultural ties. VEDP joined Virginia Secretary of Commerce and Trade Maurice Jones, Virginia Secretary of Agriculture and Forestry Todd Haymore at the signing ceremony, and look forward to enhancing economic activity.

Governor McAuliffe Signs Memorandum of Understanding with South Korea’s Jeollanam-do Provincial Government to strengthen economic and cultural ties.

VEDP joined Virginia Secretary of Commerce and Trade Maurice Jones, Virginia Secretary of Agriculture and Forestry Todd Haymore at the signing ceremony, and look forward to enhancing economic activity.

The Commonwealth and Jeollanam-do Province share a common desire to exchange information to enhance mutually beneficial economic and cultural activity, including research and development, governmental collaboration, and other related activity pertaining to growth industries, including information and communication technology, agriculture, logistics, energy, and other areas within the global market.

Over the past four decades, the Republic of Korea has demonstrated incredible economic growth and global integration to become a high-tech industrialized economy. Today, the Republic of Korea is the world's 12th largest economy, and ranks 12th among Virginia export destinations. Some of the top opportunities for U.S. exporters in South Korea include:

  • Aerospace Industry
  • Defense Industry Equipment
  • Cosmetics
  • Energy: New and Renewable
  • Medical Equipment
  • Laboratory Scientific Instruments
  • Pollution Control Equipment
  • Education Services

This agreement solidifies the importance of leveraging partnerships in order to build a new Virginia economy. To learn more about Virginia’s global focus, click here.


Governor Terry McAuliffe and Governor Nak Yon Lee of Jeollanam-do Provincial Government celebrate signing of MOU.

Plastics Industry Thrives in Virginia

Wednesday, 17 February 2016 12:52 by Info@YesVirginia.org
This week, VEDP sponsored and attended the Plastics News Executive Forum in Naples, Florida. We had the opportunity to talk with many of the world’s top plastics processors and share the benefits of doing business in Virginia.

This week, VEDP sponsored and attended the Plastics News Executive Forum in Naples, Florida. We had the opportunity to talk with many of the world’s top plastics processors and share the benefits of doing business in Virginia.

Virginia’s strategic mid-Atlantic location and superior transportation network provide access to 43% of the U.S. population within a one-day (10 hour) drive. These assets combined with our competitive operating costs make an ideal location for plastics companies.

The Port of Virginia is a leading gateway to the global market, offering direct connection to over 100 foreign ports. The Port offers the single best infrastructure on the East Coast with no overhead obstructions, on-dock rail service, easy access to ocean lanes, and is the only East Coast port with Congressional authorization to dredge to 55 feet.

Virginia is home to over 200 plastics companies that employ more than 20,300 Virginians. A few companies who call Virginia home include Rubbermaid, TREX, General Packaging, Klockner Pentaplast, Hanwha Azdel and Variform.

Since 2005, plastics and advanced materials companies have invested $1.01 billion and created more than 4,600 new jobs in Virginia. To learn more about Virginia’s plastics industry, click here.

 
Panel of plastics professionals during the Plastics News Executive Forum.

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The Port of Virginia Reinvests in Richmond Marine Terminal

Wednesday, 10 February 2016 09:54 by Info@YesVirginia.org
The Port of Virginia signed a lease to continue operation of Richmond Marine Terminal through 2056 allowing the port to implement a long-term strategy to reinvest in RMT.

The Port of Virginia signed a lease to continue operation of Richmond Marine Terminal through 2056 allowing the port to implement a long-term strategy to reinvest in RMT.

In order to modernize the 120-acre barge terminal, a $4.2 million 350-ton crane was installed at RMT, which will speed up the loading and unloading of the container barge.

A new barge was added with 50 percent more capacity to carry containers in a single trip. Rail upgrades, regular dredging, new cargo-moving equipment and other improvements are also scheduled to occur.

RMT is strategically located along the James River and I-95, and connects Richmond and the state to global trade through The Port of Virginia’s container terminals in the Norfolk Harbor.

The Port of Virginia offers direct service to more than 45 counties worldwide. It’s the only U.S. East Coast port with congressional authorization for 55-foot depth channels, and has the ability to be the first and last port of call.

To learn more about Virginia’s port and infrastructure advantages, click here.


New crane at Richmond Marine Terminal during lease signing event in Richmond.

Virginia — Largest Data Center Market in U.S. Brings Significant Economic Impact

Thursday, 4 February 2016 13:28 by Info@YesVirginia.org
Northern Virginia has surpassed the Tri-State New Jersey / New York region as the largest data center market in the U.S., with nearly 20 percent of the market share in enterprise demand in 2015, according to a study published by JLL.

Northern Virginia has surpassed the Tri-State New Jersey / New York region as the largest data center market in the U.S., with nearly 20 percent of the market share in enterprise demand in 2015, according to a study published by JLL.

Although Virginia’s data center industry is largely concentrated in Northern Virginia, the sector supports communities across the Commonwealth. In 2014, the total statewide economic impact attributable to the data center industry was approximately 36,043 jobs, $2.7 billion in wages, $8.6 billion in economic output, and $298.9 million in state and local tax revenue.

The substantial benefit of the data center industry boom across Virginia is highlighted in a recently published report by the Northern Virginia Technology Council —The Economic and Fiscal Contribution that Data Centers Make to Virginia.

According to the NVTC report, data centers are a critical part of the infrastructure that supports the modern economy, not only in the technology sector, but in advanced manufacturing, entertainment, finance, healthcare, information, retail, telecommunications, and almost every other sector of the economy as well.

The industry generates significant tax revenues. Data centers are very capital-intensive and that translates into a disproportionate amount of property tax revenue, by far the largest source of revenue for Virginia localities.

Click here to access NVTC’s full report and learn more about Virginia’s thriving data center industry.

 

The Virginia Jobs Investment Program Celebrates Its 50th Anniversary

Wednesday, 23 December 2015 13:46 by Info@YesVirginia.org
The Virginia Jobs Investment Program celebrates its 50th anniversary this year. Created in 1965 as part of the Industrial Training division of the Virginia Community College System, the program provides consultative services and funding to companies creating new jobs or experiencing technological change.

The Virginia Jobs Investment Program celebrates its 50th anniversary this year.

Created in 1965 as part of the Industrial Training division of the Virginia Community College System, the program provides consultative services and funding to companies creating new jobs or experiencing technological change.

VJIP is state-funded, demonstrating Virginia’s commitment to enhancing job opportunities for its citizens. It is estimated that VJIP has supported more than 2,500 projects, over 365,600 jobs and $29 billion in capital investment within its 50 years.

“For five decades, the Virginia Jobs Investment Program has continuously improved the professional delivery of services that positively impact our businesses’ most important resource—their labor pool. We are confident that VJIP, along with its higher education and workforce system partners, will continue to play an integral role in connecting growing businesses with Virginia’s talent for the next five decades to come,” said Governor McAuliffe.

VJIP was moved to the Virginia Department of Economic Development in 1985, and then to the Virginia Department of Business Assistance in 1998. In July 2014, the Virginia Economic Development Partnership became the administrator of the program, where it is now more closely aligned with Virginia’s economic development strategies and corporate outreach in an efficient way to partner with allies and serve companies more effectively.

Working closely with company personnel, the Virginia Jobs Investment Program offers consulting services at no charge, in addition to direct funding to offset eligible companies’ recruitment and training costs.

Assistance in any of the programs offered by VJIP is eligible to projects that create basic employment for the Commonwealth, as basic employment brings new income into the state, stimulates additional employment, and is the basis for further economic growth. These businesses or functions must directly or indirectly derive more than 50% of their revenues from out of state sources, as determined by VJIP.

For more information on VJIP, please visit http://www.yesvirginia.org/AssetRich/VJIP.

The VJIP team celebrates its 50th anniversary during the December VEDA meeting.

The Southern Virginia Higher Education Center’s Welding Program Holds Its First Completion Ceremony

Tuesday, 22 December 2015 14:49 by Info@YesVirginia.org

The Southern Virginia Higher Education Center’s Welding program held its first completion ceremony on December 10.

The ceremony recognized the first 15 students to enroll in Welding@SVHEC, a short term, accredited training program that provides students with instruction in MIG, TIG, stick and pipe welding. This non-credit program is accredited by the National Center for Construction Education and Research. Welding instruction takes place in the SVHEC’s new, state-of-the-art welding lab.

This program started in response to employer requests for more trained, certified workers. The SVHEC’s Workforce Services department worked with Virginia Technical Institute to bring this program to South Boston, Virginia.

Virginia has a nationally acclaimed education system which ensures businesses have a steady pipeline of skilled workers, and now adds another industry recognized program to Southern Virginia.

The Virginia Community College System provides occupational and technical training programs, many of which are designed specifically to meet the needs of surrounding employers. Welding@SVHEC is a great example of how Virginia works with both higher education and companies to provide students with industry specific skills. To learn more about Virginia’s 23 community colleges, located on 40 campuses around the state, click here.

Class of 2015 Welding@SVHEC completers and instructors in South Boston, Virginia.

Virginia — The Only State Ranked in Top Five Since the Inception of Pollina’s Pro-Business Study

Tuesday, 10 November 2015 15:28 by Info@YesVirginia.org
Virginia has again received a top ranking in the Pollina Corporate Real Estate/AEDI Top 10 Pro-Business States for 2015. For the third straight year, the Commonwealth was ranked No. 4 overall and was the top state on the East Coast. Virginia was ranked in the top three from 2004-2012...

Virginia has again received a top ranking in the Pollina Corporate Real Estate/AEDI Top 10 Pro-Business States for 2015. For the third straight year, the Commonwealth was ranked No. 4  overall and was the top state on the East Coast. Virginia was ranked in the top three from 2004-2012.

“Clearly a national leader in the 12 years of this study, no other state comes close to Virginia when it comes to being a consistent pro-business state. Virginia holds the distinction of being the only state to remain within the top five pro-business states for the entire history of this study,” said Brent A. Pollina, president of Park Ridge, Illinois-based Pollina Corporate Real Estate Inc. and author of the study.

Virginia received an overall grade of A as it has for the last five years. The Commonwealth was the No. 1 state in the Stage II section, which is based on metrics at the state economic development agency level, such as incentives and marketing/website/response to new and existing employers.

“Governor Terry McAuliffe and the Virginia Economic Development Partnership should be commended for their efforts to consistently remain competitive, as they have clearly worked to preserve the tools Virginia needs to remain one of the most pro-business state in the country,” continued Pollina.

The Pollina study is considered the “gold standard” for evaluating states on 32 factors controlled at the state government level, including taxes, human resources, education, right-to-work legislation, energy costs, infrastructure spending, regulatory environment, workers’ compensation laws and economic incentive programs.

Consistency of a state’s performance is an important consideration when companies are making long-term decisions about corporate site locations that require significant capital investment.

“The key to Virginia’s success is its ability to balance low taxes, a good labor force, and a strong economic development program. With a Stage I rank of #9 and a Stage II rank of #1, Virginia has one of the most well-rounded business climates in the nation.”

To learn why Virginia has the right resources that have allowed companies to prosper here for more than 400 years, click here.

Photo courtesy of Virginia Department of Transportation.

The Hague Security Delta Signs Cybersecurity Agreement with Fairfax County and VEDP

Friday, 16 October 2015 16:27 by Info@YesVirginia.org
Last week, VEDP joined Fairfax County Economic Development Authority and The Hague Security Delta for a cybersecurity event in Tysons Corner, Va...

Last week, VEDP joined Fairfax County Economic Development Authority and The Hague Security Delta for a cybersecurity event in Tysons Corner, Va.

The Hague Security Delta is based in the Netherlands and represents the largest security cluster of businesses, governments and academic institutions in Europe. It establishes partnerships with global security leaders to share knowledge, increase business activity and create a more secure world.

A delegation of almost 30 Dutch and Flemish companies attended the event in Tysons Corner to discuss security issues with leading Virginia technology companies and institutions.

The Hague Security Delta, Fairfax County EDA and VEDP closed the program by having representatives sign a Memorandum of Understanding to increase cooperation between the cybersecurity centers.

The parties pledged to bolster innovation-based collaboration by promoting trade with each country's industry clusters; encouraging mutual exchanges with business, government and academic leaders; fostering R&D cooperation through joint enterprises and research centers; exploring joint initiatives at the highest levels of government on security matters; and joining efforts to identify technology commercialization opportunities.

This event and agreement illustrates Virginia’s leadership in technology, once again. The Commonwealth is a key part of the nation’s Cyber Capital and a major hub in the cybersecurity industry. To learn more about Virginia’s cybersecurity assets, click here.

Ulrich Seldeslachts, CEO at LSEC; Ida Haisma, executive director of The Hague Security Delta; Martin Briley, president and CEO of VEDP; and Gerald L. Gordon, Ph.D., president and CEO of FCEDA; sign the MOU in Tysons Corner, Va. Photo courtesy of FCEDA.

VEDP COO Dan Gundersen Awarded IEDC’s 2015 Honorary Life Member Designation

Wednesday, 7 October 2015 16:07 by Info@YesVirginia.org
VEDP Chief Operating Officer Dan Gundersen was awarded the International Economic Development Council’s 2015 Honorary Life Member Designation...

VEDP Chief Operating Officer Dan Gundersen was awarded the International Economic Development Council’s 2015 Honorary Life Member Designation.

Gundersen was presented with the award this past Monday during the IEDC Annual Conference in Anchorage, Alaska. He also served as moderator of the first session at the conference, “How to be a World Class Economic Developer,” where he led a panel with representatives from four continents who discussed innovative approaches and trends in economic development.

“The designation of Honorary Life Member is given by IEDC to an active or former member who is progressing the profession of economic development as a teacher, or, who has motivated others in several communities,” said JoAnn Crary, CEcD, Chair of the International Economic Development Council and President of Saginaw Future Inc. “Mr. Gundersen has been dedicated to our industry and has, indisputably, earned this distinction.”

VEDP created the COO position in the spring of 2014 to manage all day-to-day operations and develop competitive strategies for success. Gundersen was recruited to the job in Virginia due to his deep background as a senior economic development official in three other states:  New York, where he reported directly to the governor, both as Commissioner of Economic Development and as Upstate Chairman for the Empire State Development Corporation; Pennsylvania, where he held the number two job as Executive Deputy Secretary; and Maryland, where he was Assistant Secretary for Business Development.

At the metropolitan level, he led economic and workforce development efforts for Baltimore County, Md., where he produced the county’s first economic development operations strategy, and before that worked in Philadelphia with business leaders and the mayor to form public/private partnerships in impoverished neighborhoods. 

Throughout his career, Gundersen and his teams helped structure deals resulting in the creation and retention of more than 150,000 jobs. These projects include world, North American and regional headquarters facilities.

“As economic developers, our job is to help produce economic growth so that businesses succeed,” said Gundersen. “How we do that is complex. Why we do it, is what really matters. For me, economic development is about making a positive difference in people’s lives and communities. It’s that simple and powerful.”

To learn more about Gundersen’s work at VEDP, promoting Virginia as the location with the right combination of resources that have helped businesses succeed for more than 400 years, click here.

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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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