Virginia Economic Review

As one of the 13 original colonies, Virginia claims many historic firsts among American states. These firsts span numerous fields and industries, from energy generation to food and beverage production to transportation.

Governor Glenn Youngkin announced today that Nightingale Ice Cream Sandwiches, a Richmond-based, handcrafted, small batch ice cream company, is investing $5.8 million to move into a new production facility and corporate headquarters in the City of Richmond.

Governor Glenn Youngkin announced today that Red River Foods, a fully integrated supplier of nuts, seeds, dried fruits, snacks, and grains ethically sourced worldwide, will invest $15.5 million to expand its Henrico County headquarters.

Food and beverage and pharmaceutical companies rely on Virginia’s cold chain infrastructure to succeed.

New or expanding companies want to know that they will be able to hire workers with the skills they need. While outside training providers offer established but generic faculty, facilities, and programs, in-house solutions allow for customization but require significant investment.

With its strategic Mid-Atlantic location, deep water ports, expanding highway and rail networks, and a business-friendly environment, the Commonwealth is fast becoming a warehousing and logistics powerhouse.

As Virginia businesses build out and improve their cold chain infrastructure, they must be creative to grab a stake in the nation’s $42 billion business.

As Virginia businesses build out and improve their cold chain infrastructure, they must be creative to grab a stake in the nation’s $42 billion business.

Warren M. Thompson is founder, president, and chairman of Thompson Hospitality Corporation, one of the largest contract food service and facilities management companies in the United States, with a portfolio of more than 65 restaurants across 17 different brands.

Drake Goolsby is chief commercialization officer at Luna Labs, a Charlottesville-based company that helps develop advanced technologies in biotech, advanced materials, and engineered systems for government, military, and industrial clients.

Brett Vassey is president and CEO of the Virginia Manufacturers Association (VMA), a trade association that supports manufacturing operations across Virginia.

Imagine using a bow and arrow to hit a target the size of a DVD that’s 70 meters away — the wingspan of two Boeing 737 airplanes side by side. That’s the challenge faced by Olympic archers. Ben Summers and his family know it well.

When Jeremy Moyer was 6 years old, he started following his dad around their 1,000-acre dairy farm in Amelia County. By the time he was 12, he was getting paid to do chores around the farm. Now, at 42, he runs the farm with his father and brother.

Speed and efficiency are essential competitive edges for any manufacturing operation. Yet the growing adoption of advanced manufacturing techniques isn’t just boosting efficiency with how goods are produced — it’s changing the types of goods that can be made and where they are produced.

One is a tiny company with its eyes on the heavens: Micro Harmonics pioneered high-tech designs and components with help from NASA.

Mike Coleman is president and CEO of CV International, a Norfolk-based global logistics, freight forwarding, and trade compliance services provider, and Capes Shipping Agencies, a wholly owned subsidiary that provides ship agency, cargo forwarding, and logistics management services to clients.

Lance Harcrow is chief operating officer at Estes Forwarding Worldwide (EFW), a subsidiary of Estes Express Lines and a leading domestic and international freight forwarder headquartered in Chesterfield County.

Dr. Myra Blanco is chief growth officer at the Virginia Tech Transportation Institute (VTTI) and CEO of the university’s Dock to Door Coalition, a partnership of nearly 100 organizations across industry, education, and government that works to develop an integrated approach to modern freight transportation by solving critical supply chain issues.