Carded Graphics Continues Growth Trajectory in Staunton, Va.

Friday, 14 September 2012 14:00 by Info@YesVirginia.org
On Wednesday, Carded Graphics announced plans to expand its production capacity in Staunton, Va., bringing a $7 million investment and 34 new jobs to the Shenandoah Valley region...

On Wednesday, Carded Graphics announced plans to expand its production capacity in Staunton, Va., bringing a $7 million investment and 34 new jobs to the Shenandoah Valley region.

A leading producer of custom folding cartons and paperboard packaging, the additional capacity will allow Carded Graphics to meet growing customer demand for its award-winning graphics, packaging design, printing, die-cutting, and state-of-the-art converting technology.

Originally founded in Virginia, the company has morphed and relocated through a number of acquisitions. Since returning to the Commonwealth in 2006, the company has doubled in size.

The City of Staunton offers a prime location for the company’s 120,000-square-foot facility, which houses Carded Graphics’ corporate offices and production plant. Located near the interchange of I-81 and I-64, the company can easily access Virginia’s premier transportation network with convenient reach to customers across the U.S.

In addition, Carded Graphics plays a key role in the Shenandoah Valley supply chain, providing packaging to nearby companies, including Hershey’s, Hollister, and ASR.

With its low-cost operating environment, highly-skilled workforce and robust transportation infrastructure, Virginia continues to be a prime location for advanced manufacturers, attracting more than $13.8 billion in capital investment over the last decade.

To find out what more than 6,000 Virginia manufacturing establishments already know, click here.

Montgomery County Gains another 50 Jobs—Social Media Company Heyo Expands

Wednesday, 12 September 2012 08:55 by Info@YesVirginia.org
Heyo, formerly known as Lujure Media Inc., just announced plans to invest $100,000 and create 50 new jobs in Blacksburg, Va., located in Montgomery County...

Heyo, formerly known as Lujure Media Inc., just announced plans to invest $100,000 and create 50 new jobs in Blacksburg, Va., located in Montgomery County.

Founded by students at Virginia Tech and Radford University in 2010, Heyo is a shining example of the innovation and creativity of Virginia’s entrepreneurs. The company provides an easy-to-use platform that allows users to drag and drop Facebook fan pages, mobile apps and websites.

Virginia’s universities thrive when it comes to cultivating the entrepreneurial spirit necessary to create next generation technologies. Heyo’s student entrepreneurs received guidance along the way through entrepreneurial programs at their respective universities.

CTO Brian Putt was a member of Radford University’s Collegiate Entrepreneurs club. CEO Nathan Latka and CFO Josh Gunter both attended Virginia Tech and the trio entered Heyo into the Virginia Tech Student Business Competition in 2011, winning the $5,000 grand prize. The competition was sponsored by the Virginia Tech KnowledgeWorks Third Annual Entrepreneurship Summit. 

With easy access to tech-savvy grads, Heyo’s decision to remain in Blacksburg is certainly a positive reflection on the local talent pool. According to CEO Nathan Latka, “The close knit community makes it easy to build culture and hire top tier talent from top ranked local universities like Virginia Tech and Radford University.”

No stranger to top IT talent, Virginia boasts the highest concentration of high-tech workers according to Cyberstates 2011.

Governor McDonnell designated 2012 as “The Year of the Entrepreneur,” and Heyo’s rapid success is a great example of why Virginia is the best place for entrepreneurs.

To learn more about Virginia’s robust technology industry, click here.

Multiple Virginia Locations Ranked Top Ten by CNN Money’s Best Places to Live

Friday, 7 September 2012 14:08 by Info@YesVirginia.org
CNN Money magazine named Reston, Va., No. 7 in the overall ranking in its Best Places to Live: America’s Best Small Cities report. Reston earned a top ten placement due to its unique combination of exceptional access to growing job markets and high quality of life.

CNN Money magazine named Reston, Va., No. 7 in the overall ranking in its Best Places to Live: America’s Best Small Cities report. Reston earned a top ten placement due to its unique combination of exceptional access to growing job markets and high quality of life.

Reston’s strategic location between Washington, D.C., and Dulles International Airport continues to attract a growing number of national and international firms in the government, defense, and technology sectors. The community also offers residents access to a thriving downtown and some of the nation’s most highly-rated schools.

In one important subcategory, Fastest Job Growth, three Virginia counties also won high honors.

Loudoun County earned the No. 1 spot for Fastest Job Growth and experienced the highest percentage of job growth in the nation. A leader in the technology sector, more than 50 percent of all internet traffic flows through the county daily. Now home to more than 4.3 million square feet of data centers, it is easy to see why Loudoun has earned the nickname “Data Center Ally.”

Another Northern Virginia location, Prince William County, received the No. 8 ranking for Fastest Job Growth. Prince William benefits from major military employers including Quantico Marine Corps Base. Excellent quality of life in Prince William County keeps these highly-skilled workers in the region even after they exit military service.

Suffolk County, ranked No. 9 for Fastest Job Growth, offers many distribution and logistical advantages. Located in southeast Virginia, the county offers close proximity to the Port of Virginia and is serviced by two railroads and multiple interstates.

With so many unique and diverse locations Virginia continues to be recognized as a top state for business.  To learn more about these and other locations fostering growth in Virginia click here.

Aeroprobe Corporation Expands into Montgomery County, Va.

Thursday, 6 September 2012 09:01 by Info@YesVirginia.org
Homegrown Virginia company Aeroprobe Corporation just announced plans to relocate its headquarters and add a manufacturing operation in the Town of Christiansburg in Montgomery County’s Falling Branch Corporate Park. The project is expected to bring a $3 million investment and 40 new jobs to the area...

Homegrown Virginia company Aeroprobe Corporation just announced plans to relocate its headquarters and add a manufacturing operation in the Town of Christiansburg in Montgomery County’s Falling Branch Corporate Park. The project is expected to bring a $3 million investment and 40 new jobs to the area.

Aeroprobe will remain in the New River Valley region, relocating its headquarters from Blacksburg to Christiansburg and establishing a manufacturing operation in order to accommodate increased demand for its products. The company grew by 76 percent in 2011 and expects to increase by 103 percent in 2012.

The new facility at Falling Branch Corporate Park will include 20,000 square feet of space with room to expand to 40,000 square feet.

Aeroprobe Corporation also operates a satellite facility in Blacksburg Industrial Park which houses the company's high-speed wind tunnel.

The company elected to remain in Virginia due to the Commonwealth’s strong manufacturing workforce and the high quality of life Montgomery County offers. With its close proximity to Virginia Tech, ranked one of the best universities for aerospace employee recruitment by Aviation Week & Space Technology, the company has easy access to a steady supply of engineers and high-tech employees. 

According to Aeroprobe CEO Nanci Hardwick, “We are delighted to live and work in one of the most beautiful places in the world. The availability of highly technical talent in a business friendly community made Montgomery County our first choice to house our international operations.”

A leading manufacturer of air data measurement equipment, Aeroprobe illustrates the diversity of Virginia’s aerospace industry. The company’s products have been used by Boeing, Lockheed Martin, Air Bus and NASA.

To learn more about Virginia’s aerospace industry and why aerospace companies have invested more than $1.5 billion in the Commonwealth over the last 10 years, click here.

The Vitamin Shoppe Brings First Distribution Center to Virginia

Tuesday, 4 September 2012 16:41 by Info@YesVirginia.org
On Friday, The Vitamin Shoppe announced plans to establish its first Virginia distribution facility in Hanover County. The operation will be located at the Virginia Transportation Park in Ashland, Va., and will bring a $39.4 million investment and 174 new jobs to the Central Virginia region...

On Friday, The Vitamin Shoppe announced plans to establish its first Virginia distribution facility in Hanover County. The operation will be located at the Virginia Transportation Park in Ashland, Va., and will bring a $39.4 million investment and 174 new jobs to the Central Virginia region.

The Vitamin Shoppe’s accelerated growth and desire to be closer to its mid-Atlantic customer base were primary reasons for building the warehouse and fulfillment center in Virginia. The company has grown from one store in 1977 to more than 550 company-owned retail stores today.

Virginia successfully competed against North Carolina due to the Commonwealth’s strategic location, competitive business costs, and premier workforce.

The Hanover County location offers visibility to I-95, allowing the company to easily access Virginia’s premier transportation network, which includes six major interstate highways, 14 railroads, nine commercial airports and the international Port of Virginia.

Virginia’s competitive operating environment includes a six percent corporate tax rate that remains unchanged since 1972, construction costs 16 percent below the national average, and a low unemployment tax rate 32 percent below the national average.

According to Ashland Mayor Faye Prichard, “The Town of Ashland and The Vitamin Shoppe share core values of community involvement and healthy living…. Their decision to locate in Ashland and Hanover builds upon the reputation of this region serving as a strategic location for supply chain centers in the mid-Atlantic.”

The Vitamin Shoppe joins the company of Ace Hardware, Amazon.com, Backcountry.com, Home Depot, McKesson Corp, QVC, Target and Wal-Mart, all of which have established fulfillment and distribution operations in the Commonwealth.

To learn why Virginia continues to be a leading location for distribution centers, attracting more than $1.6 billion in capital investment from global logistics companies over the last 10 years, click here.

Virginia’s Metro Areas Win Four Top Ten Rankings from Business Facilities Magazine

Friday, 31 August 2012 10:49 by Info@YesVirginia.org
Four Virginia locations received top ten rankings from Business Facilities Magazine’s 2012 Metro Rankings Report. Now in its eighth year, the report recognizes future economic leaders by ranking more than 350 Metropolitan Statistical Areas (MSAs) in 13 categories.

Four Virginia locations received top ten rankings from Business Facilities Magazine’s 2012 Metro Rankings Report. Now in its eighth year, the report recognizes future economic leaders by ranking more than 350 Metropolitan Statistical Areas (MSAs) in 13 categories.

Arlington and Richmond, Va., both earned top ten placements for Best Quality of Life. Virginia’s 57 state and national parks, top-ranked schools, low unemployment and abundant cultural resources routinely garner national attention.

Arlington, ranked No. 3, boasts the highest per capita income and the highest home values in the region, while Richmond, ranked No. 9, offers the state’s top ranked hospital and largest four-year college.

The Blacksburg-Christiansburg-Radford, Va., area received a top five win in the Jobs Growth Leaders category with a No. 4 ranking.  Home to Virginia Tech, Radford University and New River Community College, the region’s rapid growth is supported by a highly educated workforce.

Norfolk, Va., gained the No. 7 spot in the Logistics Leaders - Ports category. The Port of Virginia is the deepest port on the U.S. East Coast, linking Virginia to nearly 400 ports in more than 100 countries worldwide.
 
To learn more about Virginia’s winning combination of outstanding quality of life, strong workforce and excellent infrastructure click here.

GE Celebrates One-Year Anniversary and 100 Hires in Henrico County

Thursday, 30 August 2012 16:46 by Info@YesVirginia.org
Exactly one year after opening its Henrico County Information Security Technology Center, GE has already hired 100 people. Following the company’s announcement in April 2011, GE is ahead of schedule for the 200 new jobs it expects to create over the next few years...

Exactly one year after opening its Henrico County Information Security Technology Center, GE has already hired 100 people.

Following the company’s announcement in April 2011, GE is ahead of schedule for the 200 new jobs it expects to create over the next few years.

With more than 300,000 employees operating in 100 countries, safeguarding GE and customer data is an enormous task. Utilizing the center’s state-of-the-art cyber forensics lab and cyber intelligence monitoring center, teams are focused on developing innovative solutions to keep company information secure.

Locating near a skilled, high-tech workforce was critical for GE. With the highest concentration of high-tech workers according to Cyberstates 2011, Virginia proved to be the right location.

Virginia also offers companies the ability to partner with leading universities at the forefront of research and development in the field of cyber security.

George Mason University’s International Cyber Center, The Hume Center for National Security and Technology at Virginia Tech, and James Madison University’s Institute for Infrastructure and Information Assurance are just a few of the leading programs preparing a solid pipeline of high-tech workers in Virginia.

To learn why companies consider Virginia a world-class center for technology, investing more than $7.9 billion in Virginia IT projects over the last ten years, click here.

Backcountry.com Opens East Coast Fulfillment Center in Montgomery County, Va.

Wednesday, 29 August 2012 13:29 by Info@YesVirginia.org
On Friday, Backcountry.com celebrated the opening of its East Coast fulfillment center in Montgomery County, less than a year after the company announced it would invest $20 million and create 200 new jobs...

On Friday, Backcountry.com celebrated the opening of its East Coast fulfillment center in Montgomery County, less than a year after the company announced it would invest $20 million and create 200 new jobs. 

Secretary Cheng attended the ribbon-cutting ceremony, congratulating the company on its swift progress preparing the facility at Falling Branch Corporate Park.

As the largest online specialty retailer of premium outdoor gear, Backcountry.com is known for its fast delivery times and selected the Commonwealth for its strategic East Coast location and world-class logistics network. With 14 railroads, six major interstate highways, 9 commercial airports and the international Port of Virginia, the Commonwealth offers easy access to customers on the East Coast and beyond. 

To maintain its reputation for excellent customer service, locating near a skilled workforce was critical to Backcountry.com. With its close proximity to the Appalachian Trail and Washington-Jefferson National Forest, Montgomery County caters to outdoor enthusiasts, drawing a talented and passionate labor pool closely aligned with the company’s mission.

Virginia continues to be a leading location for fulfillment and distribution centers—Ace Hardware, Amazon.com, Home Depot, McKesson Corp, QVC, Target and Wal-Mart have all established operations in the Commonwealth.

Over the last ten years global logistics companies have announced more than 360 projects, totaling more than $1.6 billion in capital investment. To learn more about Virginia’s premier location and logistics infrastructure, click here.

Secretary Cheng (left) joins company and local officials as Co-Founder and Executive Chairman Jim Holland cuts the ribbon with one of Backcountry.com’s products.

Global Tech Leader iGATE Expands U.S. Presence in Loudoun County

Wednesday, 22 August 2012 16:16 by Info@YesVirginia.org
Technology leader iGATE recently announced plans to invest more than $1 million to establish a new facility in Loudoun County, bringing 250 new jobs to the area over the next few years...

Technology leader iGATE recently announced plans to invest more than $1 million to establish a new facility in Loudoun County, bringing 250 new jobs to the area over the next few years.

The location in Loudoun County will allow iGATE to further the expansion of its technology consulting services into the U.S. market, particularly with nearby Washington D.C. government agencies and businesses.

Close proximity to the Washington Dulles International Airport was a key advantage, giving a global company like iGATE access to 80 percent of the world’s economies.

The ability to draw upon a highly-skilled, tech-savvy workforce also factored into Virginia’s favor. Due to the consultative nature of the company’s custom technology products, human capital is a critical driver of the company’s success.

Fortunately the Commonwealth has the employee pool to match companies’ workforce needs, with the highest concentration of high-tech workers according to Cyberstates 2011. Companies are taking notice of Virginia’s world-class employee base. Professional, scientific and technical services—a category dependent on a quality workforce—was the top sector for job creation in Virginia last year, announcing almost 13,000 new jobs in 2011.

iGATE Chief Delivery Officer Sean Narayanan recognized the many attributes Virginia offers companies, stating, “We have been impressed with the business and government leaders in Virginia, the high caliber of the workforce, the excellent quality of life, and we look forward to positive, long-term growth and involvement in this area.”

To learn more about Virginia’s unique combination of assets and why companies have been prospering here for more than 400 years, click here.

Commonwealth Laminating & Coating Announces Second Expansion in Nine Months

Tuesday, 21 August 2012 15:00 by Info@YesVirginia.org

Secretary Cheng visited Commonwealth Laminating & Coating’s (CLC) headquarters last week to announce the company’s second expansion in less than nine months.

The company plans to invest $5.45 million to establish a national distribution center in the same business park as its headquarters and manufacturing operation in Martinsville, Va. The project is expected to create 60 new jobs—welcome news as Henry County and Southern Virginia continue to make positive progress towards economic recovery.

This project is further testament to CLC’s success in Virginia, as just last November the company announced its plans to invest $16.5 million to expand its manufacturing facility, creating 40 new jobs. 

With eight locations across five countries, CLC certainly has its pick of locations. Choosing to invest further in Virginia is a compelling endorsement of the Commonwealth’s excellent business environment. In addition, the Henry County location is the company’ sole manufacturing facility, illustrating how Virginia’s manufacturing capabilities can compete on a global level.

Virginia has successfully competed against China, Arizona and North Carolina for CLC’s projects over the last year.

The success of CLC’s solar control window film and high-performance coatings business adds to Virginia’s reputation as a leading location for polymer and film manufacturing companies.

Home to more than 200 plastics companies, over the last decade Virginia has seen more than $1 billion invested by plastics firms in new and expanding facilities. 

Virginia offers the skilled workforce, competitive operating environment and world-class logistics network so important to plastics manufacturing companies. To learn why companies like DuPont, Honeywell, Phoenix Packaging, Rubbermaid, and O’Sullivan Films have all invested in Virginia, click here.

McKee Foods Expands Manufacturing Operation in Augusta County

Friday, 17 August 2012 17:01 by Info@YesVirginia.org
Secretary Cheng recently attended an event at McKee Foods’ Stuarts Draft facility in Augusta County, Va., to announce the company’s planned investment of $19 million to expand the plant, creating 78 new jobs...

Secretary Cheng recently attended an event at McKee Foods’ Stuarts Draft facility in Augusta County, Va., to announce the company’s planned investment of $19 million to expand the plant, creating 78 new jobs.

Best known for its Little Debbie® line of snack cakes, McKee Foods produces a wide range of food products under the Sunbelt®, Heartland® and Fieldstone™ Bakery brands. Increased demand for the company’s line of Little Debbie® donuts is a major driver for the additional production capacity.

Successfully operating in Augusta County for 22 years, the high productivity of the local workforce helped Virginia win this project. The plant’s productivity, measured in cases produced per employee, has improved by 24 percent over the last two years, with the same number of employees and no additional automation.

According to Randy Smith, Vice President, McKee Foods Stuarts Draft operations, “McKee Foods initially recognized the strategic advantage of building a manufacturing facility in August County more than two decades ago. A major point in that decision was seeing that the Shenandoah Valley gave us access to a highly-skilled workforce. Today we’re pleased to be able to expand our production capabilities here.”

In addition to a highly-skilled manufacturing workforce, Virginia allows companies to improve their bottom lines. With a corporate income tax rate of 6 percent, an unemployment tax burden 32 percent lower than the national average, construction costs 16 percent lower than the national average, and favorably priced utility rates, more than 550 food and beverage companies call Virginia home.

To learn why food and beverage manufacturers have invested more than $1.9 billion in Virginia over the last decade, 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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Capstone Integrated Machining Technology Program Comes to Danville

Friday, 20 February 2015 16:07 by Info@YesVirginia.org
The Danville region has added to its precision machining expertise with the recently announced Capstone Integrated Machining Technology program at the Institute for Advanced Learning and Research...

The Danville region has added to its precision machining expertise with the recently announced Capstone Integrated Machining Technology program at the Institute for Advanced Learning and Research.

The program provides a third year of training for students that have completed Danville Community College’s popular two-year Precision Machining Technology program.

IALR has announced two grants in February to jumpstart the program — a $1.9 million grant from the Danville Regional Foundation and a $1 million endowment from the Gene Haas Foundation.

The funding will be used to upfit portions of the Hawkins Building at IALR and construct a workflow cell training lab, allowing students to replicate real world manufacturing conditions.

This additional training will enable students to earn nationally-recognized industry credentials, such as Level II and III certifications from the National Institute for Metalworking Skills.

The Capstone program will be ready for students by the fall semester. IALR and DCC estimate 15-20 students will participate in the first class, with the program expanding to 40 students at full capacity.

With the reshoring of manufacturing jobs to America and an aging baby boomer population, Southern Virginia is quickly becoming a go-to location to meet industry needs for a skilled workforce in this sector of advanced manufacturing.

According to DCC President Bruce Scism, “DCC ‘s Precision Machining Technology program is now the largest in the mid-Atlantic region, and it’s the only one that provides as wide a range of certification options.”

The Capstone program and partnership between IALR and DCC is another example of the teamwork among Virginia’s higher education system and public and private entities to develop the most advanced workforce training solutions. To learn more, click here.

Students in DCC’s Precision Machining Technology program receive training on Haas Mini Mill 5 axis machines.

Virginia Ranked a Top State for LEED Green Building Certifications in 2014

Friday, 6 February 2015 13:55 by Info@YesVirginia.org
Once again, Virginia made the U.S. Green Building Council’s annual list of Top 10 States for LEED (Leadership in Energy and Environmental Design) in 2014...

Once again, Virginia made the U.S. Green Building Council’s annual list of Top 10 States for LEED (Leadership in Energy and Environmental Design) in 2014.

The Commonwealth was ranked No. 4 and had 150 projects LEED-certified in 2014. This included a total of 18.6 million square feet of space, and 2.33 square feet per capita.

The report made special mention of the University of Mary Washington’s Technology Convergence Center in Fredericksburg, Va., which is LEED Silver-certified.

USGBC is made up of 12,870 member organizations and 197,000 professionals worldwide. It manages LEED, the most widely recognized green building certification program in the world. According to USGBC, LEED certifies 1.5 million square feet of space each day in 135 countries.

LEED-certified buildings are a win-win for the environment and economy. They provide healthier spaces to live, work and play, and lower energy costs in a sustainable way.

“LEED-certified building and the innovations they have driven contribute substantially to our national economic growth, create jobs and improve the quality of life in the communities where they are found,” said Rick Fedrizzi, CEO and founding chair of USGBC. “We commend the business and community leaders, policy makers and green building professionals in each of these states for making the commitment to create a healthier, more sustainable future.”

Virginia’s leadership as an innovator in this area illustrates the strong quality of life and cutting edge environment the Commonwealth offers to companies and their workforces. To learn why businesses have succeeded in Virginia for more than 400 years, click here.

Virginia Serious Game Institute Has a Banner First Year

Wednesday, 4 February 2015 13:55 by Info@YesVirginia.org
The Virginia Serious Game Institute had a stellar first year that included launching six businesses and creating 70 new jobs in Prince William County...

The Virginia Serious Game Institute had a stellar first year that included launching six businesses and creating 70 new jobs in Prince William County.

VSGI is a business incubator that supports Virginia entrepreneurs in the modeling and simulation industry. It is the applied research arm of the Computer Game Design Program at George Mason University and is affiliated with the international Serious Game Institute. It is the only facility of its type on the East Coast and one of only a few worldwide.

VSGI provides Virginia schools, businesses and universities with hands-on training, certification, R&D assistance, incubation services, rapid prototype development and access to leading edge commercialization outputs and technologies.

Located on GMU’s Prince William Campus, VSGI operates as a public-private partnership offering entrepreneurs expertise in technology and business assistance from GMU, the Mason Enterprise Center, Prince William County and VEDP.

This location, just 26 miles south of Washington D.C., provides access to one of the top high-tech workforces in the nation. More than 60 GMU students have interned at VSGI, its resident companies or assisted in teaching.

VSGI supports Virginia’s STEM initiative by exposing younger students to careers in technology by hosting summer camps and workshops, as well as facilitating partnerships with larger IT companies that allow students to obtain hands-on learning experience.

VSGI is currently incubating five companies, and has the ability to house 10 startups at one time. To learn more, visit http://game.gmu.edu/sgi/. Be on the lookout for a call for applications in the coming weeks from the Prince William County Department of Economic Development.

Virginia has the highest concentration of high-tech workers in the nation. To learn more about the Commonwealth’s leadership in the tech sector and why innovative companies continue to choose Virginia, click here.

GMU Computer Game Design Program students provide modeling, simulation and design work for incubator companies at VSGI. Photo courtesy of Prince William County Department of Economic Development.

VEDP Launches 2015 Digital Advertising Campaign

Friday, 23 January 2015 09:34 by Info@YesVirginia.org
Virginia has a great story and it’s imperative that it be told to the global business audience. In January, VEDP launched a new digital ad campaign, expected to deliver more than 73 million impressions through June 2015...

Virginia’s competitiveness and perception as a pro-business state remain strong. However, competition in the global economy and domestic markets continues to increase. Competing states are more aggressive in their outreach efforts, with several recently unveiling multi-million dollar advertising campaigns to promote and lure business.

Virginia has a great story and it’s imperative that it be told to the global business audience. In January, VEDP launched a new digital ad campaign, expected to deliver more than 73 million impressions through June 2015.

To maximize our limited resources, VEDP focused on digital media outlets and purchased an integrated schedule of online, mobile, tablet and pay-per-click search placements. The campaign targets VEDP’s geographic markets in the U.S, U.K., Germany and China.

The ads, promoting Virginia’s prime business location advantages, appear in Forbes, The Wall Street Journal, The New York Times, Entrepreneur and Reuters, as well as two advertising networks — Bizo and Rocketfuel.

Search engine marketing remains a key component of our strategy. VEDP implemented pay-per-click ads on Google, Bing and Baidu. This is our first venture with Baidu, the leading search engine in China.

“VEDP’s advertising strategy continues to prove effective at generating leads and building awareness of the strengths that make the Commonwealth such a great place to work and live,” said Vince Barnett, VEDP vice president of communications & promotions. “The digital program provides unique targeting capabilities to reach key corporate decision makers, while making the most efficient use of limited advertising dollars.”

An example of a 15 second video pre-roll used as part of the campaign is below, and landing pages for the U.S., U.K., Germany and China can be found by clicking on the highlighted links.

To learn more about the opportunities for success that are waiting for you in Virginia, visit www.YesVirginia.org.

A view of the video pre-roll touting Virginia’s pro-business resources.

Amazon Fulfillment Center in Chesterfield Still Buzzing After the Holidays

Thursday, 8 January 2015 14:50 by Info@YesVirginia.org
VEDP toured the Amazon fulfillment center in Chesterfield, Va., this week, and we were pleased to see the facility was still buzzing with activity even after the holiday rush...

VEDP toured the Amazon fulfillment center in Chesterfield, Va., this week, and we were pleased to see the facility was still buzzing with activity even after the holiday rush.

The Chesterfield fulfillment center began operations in the fall of 2012, after the company’s December 2011 announcement that it would invest $85 million to establish the location and create 1,000 jobs.

Today, the 1.2 million square foot facility has 1,500 employees that help distribute more than 14 million items in the building.

The facility is an impressive maze of shelves, work stations and conveyor belts whizzing yellow bins, called “totes,” containing any type of smaller consumer good throughout the building in a blur of efficiency. Amazon’s other facility in nearby Dinwiddie County ships larger consumer goods, like kayaks and TVs.

Our tour guide took us through the massive layout and explained how departments such as receiving, stowing, packing and shipping all work together. Like any massive organization, Amazon has its own nomenclature. “Stowers” scan goods in and store them in the “library” where they are later retrieved by “pickers” who put items for a customer’s order into the “totes.”

The Chesterfield facility has more than 2,500 scanners, 1,300 carts and 40,000 yellow totes. 

Extreme efficiency is a requirement for success at Amazon. On 2013’s Cyber Monday, Amazon customers ordered more than 36.8 million items, which is a record-breaking 426 items per second.

The company operates under a continuous improvement mandate, and many suggestions come from employees themselves. Last year, 4,700 employees participated in 1,100 kaizens across North America to develop new processes and solutions to solve specific problems.

One reason Amazon has found success in Virginia is because its Chesterfield fulfillment center seamlessly blends Virginia’s skilled workforce with advanced technology and sophisticated algorithms to keep the operation humming at peak efficiency.

A second reason is Virginia’s premier logistics network. Amazon’s recognition as a powerhouse distributor was furthered when Coca Cola decided to bring back its Surge soda and sell it exclusively online through Amazon. Surge is the top-selling item at the Chesterfield facility.

Due to the strength of Virginia’s logistics network, more than 380 global logistics projects have been announced over the last 10 years with capital investment of more than $1.8 billion. The Commonwealth allows companies to transport products worldwide through its six interstate highways, nine commercial airports, 11 railroads, including two Class I lines, and the International Port of Virginia, one of the only East Coast locations in the U.S. able to handle post-Panamax vessels as first and last port of call.

To learn more, click here.

A view of Amazon’s fulfillment center at Meadowville Technology Park in Chesterfield, Va. Photo Courtesy of Chesterfield Economic Development.

Southern Virginia Product Advancement Center Incubates Companies From the Lab to the Marketplace

Thursday, 18 December 2014 14:39 by Info@YesVirginia.org
Formerly known as the Riverstone Energy Center, the recently rebranded Southern Virginia Product Advancement Center in South Boston, Va., functions as an incubator helping the Commonwealth’s advanced manufacturing companies develop their technology from the lab to the marketplace...

Formerly known as the Riverstone Energy Center, the recently rebranded Southern Virginia Product Advancement Center in South Boston, Va., functions as an incubator helping the Commonwealth’s advanced manufacturing companies develop their technology from the lab to the marketplace.

SVPAC replicates major components of the manufacturing process by offering companies assistance with modeling and simulation, prototyping, advanced manufacturing processes and applied coating development.

The center’s modeling and simulation program includes a virtual reality theater with high performance computing resources, simulation software and a fully immersive 3-D cave display that can render a one-to-one ratio in real-life scaling. This allows manufacturers to design new products and predict and test performance using virtual technology. Any mistakes are made and fixed in a virtual environment, allowing for a cost-friendly R&D approach.

SVPAC’s Carbon Fiber Composite Manufacturing Lab will allow companies to produce component parts using specialized molds. The lab is expected to be completed in the spring 2015 and augment the hub of automotive and aerospace technology companies in the area.

Through a partnership with C-CARE (Center for Coatings Application Research and Education), companies have access to a coatings technology lab that houses 12,000 square feet of environmentally-controlled space. The comprehensive range of manufactured coatings applications equipment includes advanced robotics, reciprocating spray equipment and virtual reality training systems that can test new coatings technologies and design solutions under a variety of conditions.

SVPAC also offers traditional incubation services that include business plan development, access to R&D grants, office and manufacturing space, networking opportunities and mentoring.

SVPAC already has a number of success stories, which include helping a large automobile manufacturer develop new spray coating technology, developing a virtual reality tool for robot path programming with Kawasaki, and helping TMI Autotech with modeling and simulation to develop its high performance vehicles. TMI has also worked with other automotive resources in the region, including the Global Center for Automotive Performance Simulation located nearby at the Virginia Motorsports Technology Park.

VEDP and VEDA hosted SVPAC on their most recently Third Wednesday Webinar series, available here.

SVPAC is another example of the R&D capabilities Virginia offers to advance the innovative ideas and products of the Commonwealth’s technology-driven companies. To learn more, click here.

A view of the 3-D modeling and simulation capabilities at the Southern Virginia Product Advancement Center in South Boston, Va. Photo courtesy of the Southern Virginia Product Advancement Center.

VEDP Receives No. 2 State Economic Development Organization Ranking for 2014

Wednesday, 10 December 2014 14:11 by Info@YesVirginia.org
The American Economic Development Institute and Pollina Corporate Real Estate ranked VEDP No. 2 on its Top 10 State Economic Development Organizations list for 2014...

The American Economic Development Institute and Pollina Corporate Real Estate ranked VEDP No. 2 on its Top 10 State Economic Development Organizations list for 2014.

With growing competitiveness on a global scale, AEDI and Pollina wanted to put the spotlight on state economic development organizations that are excelling at their job.

“Leaders of economic development organizations throughout the country need to do a far better job of understanding that their primary objective is to create new jobs and retain those already located in their state,” said Dr. Ronald Pollina, chairman of AEDI and president of Pollina. 

This ranking is largely based on data from Stage II of the AEDI/Pollina Corporate Top 10 Pro-Business States 2014 report released earlier this year. The Stage II data examines the state’s incentive programs and the marketing efforts of their economic development agencies.

More specifically on the marketing analysis, the authors of the study examined the resources devoted to the agencies, their ability to respond to new company inquiries and existing company needs, and the functionality of their website.

Interestingly, the study found that a majority of states had few programs for existing companies and did not devote enough resources to contacting and assisting these existing companies. In contrast, VEDP has an entire team devoted to business expansion, which accounted for 86% of announced investment and 74% of new job creation in calendar year 2013. Even more impressive, the top five project announcements for both new job creation and invested capital in 2013 were made by expanding Virginia companies.

Through our international trade division, VEDP helps existing Virginia businesses expand sales internationally. Programs such as the Global Network, VALET, Going Global Defense Initiative and trade missions provide companies with the research, introductions and export training to substantially increase sales overseas.

The importance of an agency’s website can’t be underestimated, as this is the first point of contact for many companies and site selection consultants. VEDP offers a variety of tools through our website, including VirginiaScan, Compare Virginia, Community Profiles, and the YesVA app, which allow consultants to easily search a geographic area for available properties and obtain comparative demographic, economic and real estate information to easily narrow their search.

According to VEDP President and CEO Martin Briley, “This ranking is a tremendous honor for all of us here at VEDP. It represents the hard work of our entire staff, our partners and our allies as we work together to augment the economic vitality of the Commonwealth and tell the Virginia story on the global stage.”

To learn how VEDP can help your company and why businesses have prospered in Virginia for more than 400 years, click here.

Photo courtesy of the Virginia Department of Transportation.

Charlottesville Entrepreneurs Launch Moonlighting Mobile Marketplace App

Monday, 8 December 2014 15:51 by Info@YesVirginia.org
A team of Charlottesville entrepreneurs recently launched Moonlighting, a mobile company with an app that helps job seekers and people needing work done to connect...

A team of Charlottesville entrepreneurs recently launched Moonlighting, a mobile company with an app that helps job seekers and people needing work done to connect.

The three co-founders began brainstorming in August 2013 to find a way to parlay their expertise in payment platform development and mobile technology. According to CEO Jeff Tennery, “We wanted to do something significant that would really resonate with people. The employment market made the most sense.”

According to the company, Moonlighting is the only marketplace that lets users engage as both a payer and earner in a mobile environment. With two simple categories —“make money now” and “get stuff done” — users can easily identify their needs and skills.

The app is similar in functionality to Facebook and Twitter. In addition, users can easily post Moonlighting requests to their social media accounts.

Like most entrepreneurs, the company founders kept their day jobs while moonlighting on nights and weekends to hammer out the business plan and technology. After raising an angel seed round of funding in April and testing an alpha version of the technology in August, the company officially launched its app on October 15.

In just over a month, Moonlighting has already reached thousands of users nationwide, with projections for dramatic growth.

“Charlottesville is a rich, diverse area with a solid investment community. There’s a strong constituency of experienced business people looking to finance start-up and angel companies and offer their expertise,” said Tennery.

Proximity to UVA also allowed the company to tap into a talented labor pool. “We worked with undergrads from the business school on the marketing, Darden grads helped us with the business plan, and law school students helped write our terms and conditions,” noted Tennery.  “The region is rich in both business and culture, so there’s a great labor force of UVA grads who want to remain in the area.”

Highlighting the growing peer-to-peer economy and its financial impact, Moonlighting has published its first comprehensive report on how the nation is “moonlighting” through multiple financial opportunities. The monthly M.O.O.N. Report (Mobile Optimized On-Demand Network) tells the story of the American moonlighter and reveals the economic trends taking place in the new 1099 society. To download the app and report, visit the company’s website http://moonlightingapp.com/.

The fast growth of a technology-driven company like Moonlighting is another example of how Virginia provides the right resources and environment for entrepreneurs to start and grow their businesses. To learn more, click here.

The Moonlighting team at the company’s October launch party.

VEDP Host Virginia Tour for Chinese Journalists

Friday, 21 November 2014 12:57 by Info@YesVirginia.org
VEDP hosted a delegation of 10 influential journalists from the People’s Republic of China on a visit to Richmond this week as part of a larger tour organized by the Global Times...

VEDP hosted a delegation of 10 influential journalists from the People’s Republic of China on a visit to Richmond this week as part of a larger tour organized by the Global Times.

The journalists previously visited South Korea, Israel and Vietnam. While in the U.S., the group will visit Washington D.C., St. Louis and New York City to cover themes such as the U.S. representational government, freedom of the press, the future of U.S.-China relations, and Chinese foreign direct investment in the U.S.

The visit to Richmond is an extension of the D.C. portion of the tour. While here, the journalists met with Governor McAuliffe, and heard from Tranlin Inc. CEO Jerry Peng about Shandong Tranlin Paper Co.’s decision to locate its first U.S. manufacturing operation in Chesterfield County, Va.

The journalists experienced the strong cultural relationship that exists between China and Virginia. The group visited the Virginia Museum of Fine Arts and toured the Forbidden City: Imperial Treasures from the Palace Museum, Beijing and Beyond the Walls exhibitions.

The group’s final stop was at the Richmond Ballet for an overview of its Road to China cultural exchange scheduled for May 2015. The Richmond Ballet will travel to China to dance their mixed repertory program, Made in the USA: Traditions & Innovations, at the Meet in Beijing Arts Festival. This past July, the Richmond Ballet performed in China as part of the U.S. Department of State’s 2014 Cultural Pillar Delegation for the U.S.-China Consultation on People-to-People Exchange.

China-Virginia relations remain solid, and Governor McAuliffe led two marketing missions to China in July and October to tell the Virginia story and build relationships with companies seeking to expand into the U.S.

Virginia is a great location for international companies seeking to enter the U.S. due to the Commonwealth’s strategic East Coast location, pro-business regulatory and cost environment, excellent logistics network, premier workforce and enjoyable quality of life. To learn more, click here.

A group of leading online journalists from China visit the Virginia State Capitol during their tour of Richmond.

Forbes.com Names Virginia A Best State for Business

Wednesday, 12 November 2014 17:41 by Info@YesVirginia.org
Virginia has done it again, receiving another top ranking on the Forbes.com annual Best States for Business study. Virginia ranked No. 4 this year and had previously held the No. 1 or 2 spot since the inception of the study in 2006. While we are accustomed to a higher billing, Virginia is honored to receive the continued recognition from Forbes as a best state for business...

Virginia has done it again, receiving another top ranking on the Forbes.com annual Best States for Business study. Virginia ranked No. 4 this year and had previously held the No. 1 or 2 spot since the inception of the study in 2006. While we are accustomed to a higher billing, Virginia is honored to receive the continued recognition from Forbes as a best state for business.

The Forbes.com ranking is based on six categories pulled from 36 points of data — costs, labor supply, regulatory environment, economic climate, growth prospects and quality of life.

Highlights for the Commonwealth of Virginia include the No. 1 ranking for its regulatory environment. Forbes.com touted Virginia’s strong incentive offerings and business-friendly government policies.

Virginia ranked No. 2 for labor supply and was the top state on the East Coast. The Commonwealth’s skilled and well-educated workforce has long been esteemed by Virginia companies as a key component in their success. In addition, Virginia has the highest concentration of high-tech workers according to the TechAmerica Foundation’s Cyberstates 2013.

Virginia received a No. 5 ranking for quality of life. The Commonwealth’s favorable cost of living combined with access to natural resources, from the ocean to the mountains, and its historical, cultural and sports and entertainment offerings make Virginia a great place to live and work.

Concern over the effects of sequestration led to a lower score in the growth prospects category, ultimately affecting Virginia’s overall ranking this year. The growth prospects category includes a five-year forecast from Moody’s Analytics.

VEDP and the Virginia economic development community have long realized the potential impact of sequestration to our economy, and today’s No. 4 ranking further illustrates the new economic challenge facing Virginia.    

The Commonwealth is committed to attracting new jobs and capital investment, and cultivating new economic growth through a proactive and aggressive economic development program. Initiatives like VEDP’s Going Global Defense Initiative, which helps Virginia defense companies mitigate the impact of federal spending cuts by launching an international strategy and growing revenue in markets overseas, will play an important role as we build a new Virginia economy.

In the meantime, Virginia takes pride in our strong showing in the 2014 Forbes.com Best States for Business report. We continue to be ranked a best state because Virginia offers a business-friendly environment, favorable operating costs, a top workforce and premier East Coast location and transportation network. To learn why companies have prospered in the Commonwealth for more than 400 years, click here.

Photo courtesy of Virginia Tourism Corp.

Global Center for Automotive Performance Simulation Established in Halifax County

Friday, 7 November 2014 16:14 by Info@YesVirginia.org
The Global Center for Automotive Performance Simulation was recently established in Halifax County, Va., through the merging of the National Tire Research Center and SoVa Motion...

The Global Center for Automotive Performance Simulation was recently established in Halifax County, Va., through the merging of the National Tire Research Center and SoVa Motion.

The facility will remain at the Virginia Motorsports Technology Park, adjacent to the Virginia International Raceway, which is the longest motorsports road course in the U.S. with 4.2 miles of tarmac.

The National Tire Research Center was established in 2010 through a public-private partnership among the Virginia Tech Transportation Institute, General Motors, the Institute for Advanced Learning and Research, and the Virginia Tobacco Indemnification and Community Revitalization Commission.

The tire center houses the Flat Trac LTRe, an $11.3 million, high-performance tire testing machine that allows speeds of 200 mph on car, truck and motorsports vehicles. Due to strong customer demand, the center has grown from 13 to 26 employees, and expects to expand beyond 30 employees over the next year.

NTRC has previously partnered with SoVa Motion (Southern Virginia Vehicle Motion Lab), which is operated by the Virginia Tech Transportation Institute. SoVa Motion has an eight-post shaker rig and driving simulator which can replicate various road conditions and many of the world’s racing tracks to test driver performance, shock and suspension reaction, on-vehicle sensing, as well as virtually prototype vehicle components.

While the facilities have served major U.S. customers, such as General Motors, Goodyear Racing and NASCAR, rebranding as GCAPS reflects the increasing global scope of their customer base.

GCAPS will also build upon the success of its math modeling and simulation capabilities by adding a virtual design and integration laboratory. The facility will provide full performance testing of highway and racetrack vehicles in both physical and virtual environments.

GCAPS is a key part of Virginia’s Motorsports Alley and augments the Commonwealth’s strengths in the automotive industry. To learn why more than 150 automotive companies call Virginia home, click here.

Executive Director Frank Della Pia appears next to a tire testing machine at the newly-branded Global Center for Automotive Performance Simulation in Halifax County, Va. Photo courtesy of the Global Center for Automotive Performance Simulation.

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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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