WEIGHTPACK Moves Headquarters from Italy to Virginia

Thursday, 15 November 2012 14:47 by Info@YesVirginia.org
WEIGHTPACK Inc. recently announced plans to move its headquarters from Italy and expand its existing operation in Powhatan County, Va. The project will bring a $2.6 million investment and 35 new jobs to the Central Virginia region...

WEIGHTPACK Inc. recently announced plans to move its headquarters from Italy and expand its existing operation in Powhatan County, Va. The project will bring a $2.6 million investment and 35 new jobs to the Central Virginia region.

WEIGHTPACK is a packaging machinery company that designs and builds complete lines for the filling and capping of liquid product containers, with applications in the beverage, home care, personal care, pharmaceutical and chemical industries.

The company has operated in Powhatan since 2001, and the decision to move its global headquarters to the same location illustrates how well Virginia’s business environment, workforce, and logistics infrastructure compete at a global level.

The Powhatan location is poised to become a major production hub as the company transitions to a more vertically integrated supply chain, providing for growing customer demand in the North and South American and Asian markets.

Powhatan County’s strong quality of life and access to Virginia’s world-class transportation network make it a premier location. WEIGHTPACK has historically used the international Port of Virginia for importing component parts. With the expansion of the production facility, the company expects to increase its exports through the port to reach international markets.

As global companies continue to bring high technology, manufacturing jobs to the U.S., Virginia stands ready to fulfill industry needs with a strong pipeline of highly-skilled, advanced manufacturing employees.

To learn more about Virginia’s advanced manufacturing capabilities and why more than 6,000 manufacturing establishments have located in the Commonwealth, click here.

CCAM Opens Facility in Prince George County, Virginia

Wednesday, 14 November 2012 10:09 by Info@YesVirginia.org
The Commonwealth Center for Advanced Manufacturing (CCAM) received its full certificate of occupancy and opened its facility in Prince George County, Va., this September. CCAM has been steadily growing both in members and machinery and is expected to host a grand opening event in spring 2013...

The Commonwealth Center for Advanced Manufacturing (CCAM) received its full certificate of occupancy and opened its facility in Prince George County, Va., this September. CCAM has been steadily growing both in members and machinery and is expected to host a grand opening event in spring 2013.

CCAM has added three Tier 2 and three Tier 3 industry members over the last few months, bringing the total number of participating companies to 14.

The applied research center includes a high bay area, five machining labs, five computational labs, a visualization lab, meeting rooms with conferencing ability, open and modular workstations, and a cafeteria.

With participation from its industry partners and university members, engineers at the center are currently working on 10 research projects. One project involves adaptive machining, which uses specialized equipment to measure and make adjustments in real time as components are being manufactured, leading to improved performance and lower costs.

Another project incorporates multi-modal part inspection, which uses imagery to obtain information and identify small defects early in the manufacturing process, allowing any issues to be fixed before entering into high-rate production.

CCAM is another example of the public-private partnership between Virginia’s leading universities and world-class manufacturing companies to bring real-world solutions to the market more quickly. To learn more about CCAM, visit www.ccam-va.com.

CCAM’s high bay area includes a Laser Powder Deposition Machine and the Sulzer Metco Thermal Spray Cell, pictured below.

STEM Mobile Learning Lab—A Vehicle for Educating Virginia Students

Tuesday, 13 November 2012 13:45 by Info@YesVirginia.org
Since going on the road in spring 2010, the STEM Mobile Learning Lab has hosted 15,000 visitors from more than 300 locations. The lab offers numerous hands-on experiments as a method of educating K-12 students and members of the community in STEM subjects—science, technology, education and math...

Since going on the road in spring 2010, the STEM Mobile Learning Lab has hosted 15,000 visitors in more than 300 locations. The lab offers numerous hands-on experiments as a method of educating K-12 students and members of the community in STEM subjects—science, technology, education and math.

The STEM Mobile Learning Lab was established by the Institute for Advanced Learning and Research (IALR), a research, education and conference institute based in Danville, Va.

The 38-foot trailer contains multiple work stations, a clean area for experiments and a movie screen. Its impressive equipment list includes several laptops, high resolution microscopes, an HDTV video monitor, and additional demonstration gear. 

The STEM Mobile Learning Lab offers experiments in the areas of nanotechnology and renewable energy. Leading by example, the flex-fuel truck that tows the lab can run on either diesel fuel or cooking oil.

Using the STEM Mobile Learning Lab, students can participate in experiments that compare the energy efficiency of CFL and incandescent light bulbs, see how wind and solar power work, learn about energy conservation and how to weatherize doors and windows, and even look at microscopic particles on their own skin.

Preparing students to join the Commonwealth’s world-class workforce in the growing fields of science, technology, engineering and math is key to keeping Virginia at the top. According to Cyberstates 2011, Virginia has the nation’s highest concentration of high-tech workers.

To learn more about Virginia’s premier education system and quality workforce, click here.

Students use high resolution microscopes to participate in one of the many hands-on experiments offered by the STEM Mobile Learning Lab.

VEDP Releases Exporting Guide for Service Companies

Tuesday, 6 November 2012 09:18 by Info@YesVirginia.org
VEDP’s International Trade division recently released an exporting guide focused on the unique needs of service companies called “Exporting Services: A Guide for New Exporters”...

VEDP’s International Trade division recently released an exporting guide focused on the unique needs of service companies called “Exporting Services: A Guide for New Exporters.”

Some of the issues addressed in the guide include assessing export readiness, understanding export regulations, identifying a target market, protecting intellectual property, acquiring work permits and certifications, developing a market entry strategy, and negotiating financing and payment terms.

The services industry is thriving in Virginia—professional, scientific and technical services was the top sector for job creation in 2011, announcing 12,769 new jobs. With human capital as the major input, it’s no surprise that Virginia’s highly skilled workforce has proved to be a key advantage in growing this sector.

According to The Brookings Institution, Virginia’s service exports accounted for 42.6 percent of the state’s total exports in 2010, illustrating an opportunity to grow Virginia’s exports in a sector where the Commonwealth has the resources to leverage its success into international markets.

Helping Virginia companies grow sales overseas not only benefits Virginia businesses, but it also creates jobs at home. According to The Brookings Institution, Virginia exports supported more than 236,000 jobs in 2010.

To learn how VEDP’s International Trade division can help your company grow, go to www.exportvirginia.org.

Celanese Corp. Converts Giles County Celco Plant to Natural Gas

Friday, 2 November 2012 10:15 by Info@YesVirginia.org
Fortune 500 company Celanese Corp. just announced it will invest $150 million to convert its Celco Plant in Giles County, Va., from coal-fired to natural-gas fired boilers. The project will create 22 new full-time jobs, as well as employ an estimated 200 construction workers...

Fortune 500 company Celanese Corp. just announced it will invest $150 million to convert its Celco Plant in Giles County, Va., from coal-fired to natural-gas fired boilers. The project will create 22 new full-time jobs, as well as employ an estimated 200 construction workers.

Celanese Corp. is a global technology leader engaged in the production of specialty materials and chemical products used in a wide variety of industries and applications. The Virginia Celco Plant has helped make the company a leading producer of cellulose acetate tow, used in filter media.

The Celco Plant first established operations in Giles County, Va., in 1939 and is the largest employer in the county. Positioned along the New River and Route 460, this location offers the unique combination of a picturesque setting between the mountains, easy access to I-81, and close proximity to Virginia Tech and the region’s skilled and educated workforce.

This investment will allow the company to reduce its greenhouse gas emissions while updating equipment to improve its energy efficiency—two goals aligned with the company’s core values of sustainability and operational excellence.

This project continues the positive trend of Virginia manufacturers making significant investments to upgrade to more environmentally-friendly sources of energy. Last year, MeadWestvaco announced plans to invest $285 million to construct a new, state-of-the-art biomass boiler at its Covington plant, and just last week RockTenn hosted a ribbon-cutting ceremony to celebrate the completion of a natural gas pipeline to its West Point mill.

To learn why leading manufacturers continue to invest in the Commonwealth, bringing more than $13.8 billion in projects over the last decade, click here.

A view of the Celco Plant from across the New River.

VEDP Launches “YesVA” App

Thursday, 1 November 2012 13:48 by Info@YesVirginia.org
Today, VEDP launched the YesVA app for iPad, iPhone and Android devices available for download by visiting www.YesVirginia.org/app or through the App Store and Google Play Store...

Today, VEDP launched the YesVA app for iPad, iPhone and Android devices available for download by visiting www.YesVirginia.org/app or through the App Store and Google Play Store.

The YesVA app is an interactive tool that allows clients and site selection consultants to perform site and building searches and compare Virginia to other states, directly from a mobile device.

The YesVA app allows users to perform the following actions:
   •  Explore Virginia’s existing inventory of available properties in an easy-to-use map
   •  Navigate properties by type and narrow down options based on user requirements
   •  Save properties for later and share them with contacts
   •  View 1:1 attributes of how Virginia compares to other states in major business categories
   •  View profiles for each of the communities, regions and MSAs in Virginia
   •  View recent industry announcements for each community
   •  Communicate with VEDP regarding any of the properties within the app

By helping companies make the most informed decision on business locations, the YesVA app is yet another example of an innovative tool developed by VEDP to market Virginia as a top state for business.

To download the free YesVa app, visit www.YesVirginia.org/app or go directly to the App Store and Google Play Store.

A view from the main screen of the YesVa app.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

UBED Advances: VEDP and Virginia’s Universities Sign Agreement

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

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

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

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

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

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

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

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

RTI International Metals Inc. Commences Titanium Production at Martinsville Plant

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

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

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

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

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

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

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

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

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

RockTenn Hosts Ribbon-Cutting Ceremony for Natural Gas Pipeline

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

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

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

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

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

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

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

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

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

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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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High-tech “Fab Lab” Comes to Virginia’s Patrick Henry Community College

Monday, 22 July 2013 15:47 by Info@YesVirginia.org
Patrick Henry Community College (PHCC) began offering tours of its Fab Lab this summer. The Fab Lab is short for digital fabrication laboratory, which gives students and local businesses access to 3D design and prototyping equipment to create new products and inventions...

Patrick Henry Community College (PHCC) began offering tours of its Fab Lab this summer. The Fab Lab is short for digital fabrication laboratory, which gives students and local businesses access to 3D design and prototyping equipment to create new products and inventions.

The Fab Lab concept originated at MIT’s Center for Bits and Atoms. In November 2011, PHCC, the New College Institute and Martinsville-Henry County Economic Development Corporation sponsored a two-week visit from the Mobile Fab Lab of the Carolinas. During that time the lab received more than 300 visits from interested students and community members.

Working with the same partners, PHCC was able to obtain funding from the Virginia Community College System to purchase equipment and establish its own Fab Lab.

Located at the The Artisan Center in Martinsville, the 1600-square-foot Fab Lab houses a Roland MDX 20 mini mill, Roland CAMM-1 Servo GX-24 vinyl cutter, Stratasys uPrint SE Plus FDM 3D printer, Morgan Industries Morgan Press G-100T Injection Molder, Formech 686 Vacuum Former, Universal Laser 4.60, Routermate 4’ x 4’ CNC router and Torchmate 2’ x 4’ CNC plasma cutter.

The 10 Dell workstations in the lab offer open source software, which allows entrepreneurs and students to seamlessly continue their work at home or in other locations.

The Fab Lab has generated a lot of interest among students and business partners in the community. Lab Coordinator Matthew Wade estimates the lab has seen more than 100 visitors since its soft launch in April.

The lab will host a grand-opening event this fall to coincide with its first class, a basic manufacturing class that will teach students and entrepreneurs how to use the equipment in the lab to bring their ideas to life.

“Inventors can create designs with our software, use the vinyl cutter and CNC mill to fabricate and carve out a circuit board, and then utilize our 3D printer to produce a working model of their new product idea,” said PHCC Lab Coordinator Matthew Wade.

The PHCC Fab Lab is another example of the cutting-edge technology available at Virginia’s colleges and universities, helping prepare a strong pipeline of technically-skilled workers. According to the U.S. Chamber of Commerce’s recent Enterprising States study, Virginia is the No. 1 state in STEM job concentration and has the No. 1 share of high-tech businesses.

To learn more about Virginia’s leading higher education system and workforce preparation programs, click here.

A view of the Patrick Henry Community College Fab Lab in Martinsville, Va.

German Investment in Virginia Continues—PRUFREX Establishes First U.S. Location

Wednesday, 17 July 2013 16:23 by Info@YesVirginia.org
PRUFREX Innovative Power Products GmbH announced plans to establish its first U.S. location in Virginia Beach through a $7.33 million investment, which will create 60 new jobs. The project includes both a manufacturing facility as well as the company’s U.S. headquarters...

PRUFREX Innovative Power Products GmbH announced plans to establish its first U.S. location in Virginia Beach through a $7.33 million investment, which will create 60 new jobs. The project includes both a manufacturing facility as well as the company’s U.S. headquarters.

PRUFREX is a leading producer of digital ignition systems and electronic control systems for the small engine, marine and recreation, automotive, and electric and cordless power markets. The company’s global headquarters are in Cadolzburg, Germany.

The benefits of supply chain for economic development are apparent in this project—PRUFREX selected Virginia Beach over Georgia to be closer to two key customers, German-based BMZ Batteries and STIHL Inc.

STIHL opened its first U.S. plant in Virginia Beach in 1974, and has since grown to become the No. 1 brand of chain saws in the world. The company’s U.S. headquarters are now located in Virginia Beach, and since 1990 the company has announced investment of $335 million and 942 new jobs in the Commonwealth.

BMZ Batteries followed in April 2011, also establishing its U.S. headquarters in Virginia Beach to be close to STIHL and its other international customers. 

Germany has been in the top three for international investment and job creation in the Commonwealth over the last four years.

PRUFREX, BMZ Batteries and STIHL have all made reference to the quality of Virginia’s workforce, particularly its engineering and advanced manufacturing capabilities, as well as the Commonwealth’s strategic East location and ability to easily reach U.S. customers through its premier logistics infrastructure.

Virginia’s transportation network includes access to the international Port of Virginia, the only U.S. East Coast location able to handle post-Panamax vessels as first port of call, as well as an integrated system of six interstate highways, nine commercial airports and 14 railroads, including two Class I lines.

To learn why Virginia is home to more than 700 internationally-owned companies, click here.

Institute of Advanced Learning and Research Launches First Company—Dan River Plants

Tuesday, 16 July 2013 15:46 by Info@YesVirginia.org
The Institute of Advanced Learning and Research (IALR) recently announced its first commercial spin-off, Dan River Plants, LLC...

The Institute of Advanced Learning and Research (IALR) recently announced its first commercial spin-off, Dan River Plants, LLC.

Dan River Plants uses micropropagation technology to create, clone and grow plants at a rapid rate. The technology was developed through collaboration between IALR’s Institute for Sustainable and Renewable Resources and Virginia Tech’s College of Agriculture and Life Sciences. 

Micropropagation utilizes plant tissue cultures to grow identical plants by an order of magnitude, yielding rapid and reliable results. The company is producing both decorative plants, such as lilies, roses and azaleas, as well as biofuel crops. 

Dan River Plants plans to invest $1.3 million and create 27 new jobs to establish a facility at Ringgold East Industrial Park in Pittsylvania County, Va.

IALR was established in 2000 through partnerships among Virginia Tech, Averett University, Danville Community College, Pittsylvania County, City of Danville, Future of the Piedmont Foundation, Tobacco Indemnification Commission and the Commonwealth of Virginia.

The center uniquely operates as a research and development facility, education leader, business incubator and conference center.

We have previously blogged on some of IALR’s programs, including its STEM Mobile Learning Lab and the Virginia Polymer Coalition.

IALR has strategically positioned itself to capitalize on the expertise found in Southern Virginia. The center focuses on four main areas of research, including sustainable and renewable resources, analytical chemistry, polymers and composites, and vehicle research.

IALR is yet another example of the innovative research and collaboration with universities that supports Virginia businesses, from start-up to late stage. To learn more about opportunities to co-locate with Virginia’s leading universities at R&D centers across the Commonwealth, click here.

Digital Realty Expands Campus in Loudoun County’s Data Center Alley

Thursday, 11 July 2013 15:22 by Info@YesVirginia.org
Digital Realty just announced a $150 million expansion to its data center campus in Virginia’s Loudoun County. The project is expected to create 50 new jobs over the next three years...

Digital Realty just announced a $150 million expansion to its data center campus in Virginia’s Loudoun County. The project is expected to create 50 new jobs over the next three years.

Digital Realty is the largest data center operator in Loudoun County, with more than one million square feet of space. The company’s latest building is expected to be 400,000 square feet and house 22 data centers.

This project is a strong follow-up to the company’s announcement last May. It broke ground on its fourth building in Loudoun County, representing an $80 million investment and the anticipated creation of 12 full-time jobs and 180 temporary positions.

Often called “Data Center Alley,” Loudoun County has become one of the top data center locations in the country. It currently maintains five million square feet of existing data center space with another three million square feet in development.

Loudoun County also handles up to 70 percent of the world’s internet traffic each day.

Fueled by increased customer demand for cloud computing, mobile applications and social networking, the data center industry continues to grow at a rapid pace. For calendar year 2012, data center announced investment topped $1 billion in Virginia.

The Commonwealth remains a prime location for data centers due to its advanced fiber infrastructure, abundant power redundancy, affordable energy rates and top notch IT workforce. Virginia has the highest concentration of high-tech workers according to Cyberstates 2013.

In addition, Virginia’s Retail Sales and Use Tax Exemption on qualified computer equipment helps data center operators lower their overall cost structure.

Virginia is home to 700 data centers establishments and has seen $5.8 billion in announced data center investment over the last decade. To learn why leaders like Amazon, Capital One, Digital Realty, Facebook, Google and Microsoft have all chosen the Commonwealth, click here.

Tempur Sealy International Expands in Scott County, Virginia

Monday, 8 July 2013 15:07 by Info@YesVirginia.org
On Wednesday, Tempur Sealy International, Inc. announced plans to expand its manufacturing facility in Scott County through a $13.3 million investment. The project will create 42 new jobs and allow the company to upgrade equipment and grow its Southwest Virginia operation...

On Wednesday, Tempur Sealy International, Inc. announced plans to expand its manufacturing facility in Scott County through a $13.3 million investment. The project will create 42 new jobs and allow the company to upgrade equipment and grow its Southwest Virginia operation.

The 500,000-square-foot facility has successfully operated at Duffield Industrial Park for 12 years, producing mattresses and pillows for the company’s Tempur-Pedic brand.

Temper Sealy is the largest bedding provider in the world and changed its name in March to reflect Tempur-Pedic’s $1.3 billion acquisition of Sealy Corp., announced in the fall of 2012. The Company's portfolio of iconic brand names includes Tempur®, Tempur-Pedic®, Sealy®, Sealy Posturepedic®, Optimum™ and Stearns & Foster®.

Virginia was chosen over New Mexico for this project due to the high quality of Southwest Virginia’s manufacturing workforce, low cost of operations and strategic location, with prime access to I-77 and I-81.

As part of the Virginia’s e-Region, Southwest Virginia has a strong legacy of supporting leading manufacturing and technology companies through its focus on electronic information technology, energy, education and emerging manufacturing specialties.

To learn why manufacturing companies continue to select Virginia, investing more than $13.7 billion over the last decade, click here.

Canon Virginia Adds Toner Manufacturing Operation to Newport News Facility

Friday, 28 June 2013 14:35 by Info@YesVirginia.org
Canon Virginia Inc. recently announced plans to include toner manufacturing at its headquarters location in Newport News, Va., through a $27 million investment...

Canon Virginia Inc. recently announced plans to include toner manufacturing at its headquarters location in Newport News, Va., through a $27 million investment.

Canon Virginia has successfully operated in Newport News since 1985, serving as the manufacturing hub of Canon U.S.A., a subsidiary of Japan-based Canon Inc. The Newport News campus includes a factory service center and manufacturing operations for a variety of Canon products, including copiers, printers and cartridges.

Governor McDonnell met with Canon Inc. officials while in Tokyo as part of his recent Asia Marketing Mission.

By allocating 30,000 square feet of upgraded space to this project, Canon Virginia will improve efficiencies by manufacturing both the ink toner and cartridges all in one location.

Canon Virginia employs nearly 2,000 Virginians across the Commonwealth, and the company has invested more than $371 million in its Virginia operations in the last four years.

World-class manufacturing companies like Canon Inc. continue to invest in the Commonwealth due to its competitive operating environment, highly-skilled manufacturing workforce and premier logistics infrastructure.

To learn why manufacturing companies have invested more than $13.7 billion in Virginia over the last decade, click here.

Intelliject CEO Wins E&Y Entrepreneur of the Year 2013 Greater Washington Award

Wednesday, 26 June 2013 13:16 by Info@YesVirginia.org
Intelliject President & CEO Spencer Williamson recently won the Ernst & Young (E&Y) Entrepreneur of the Year 2013 Greater Washington award in the Health Services and Technology category...

Intelliject President & CEO Spencer Williamson recently won the Ernst & Young (E&Y) Entrepreneur of the Year 2013 Greater Washington Award in the Health Services and Technology category.

Based in Richmond, Va., Intelliject was founded in 2004 by twin brothers Eric and Evan Edwards in an effort to find a more user-friendly solution to administer epinephrine in the event of anaphylactic shock. Both brothers had suffered from severe allergies since childhood.

That solution became the Auvi-Q device, the first and only epinephrine auto-injector with voice instructions. Auvi-Q provides step-by-step voice instructions along with visual cues and a five-second countdown to help ensure the medication is delivered quickly and accurately during a potentially life-threatening situation.

After years of development, Auvi-Q is now on the fast track. The company received FDA approval for the device in August 2012 and reached a licensing agreement with Sanofi-Aventis to commercialize the product in North America.

In January 2013, Auvi-Q became available on pharmacy shelves in the U.S., and the company is well-positioned to expand internationally.

Intelliject is a shining example of Virginia’s growing life sciences industry and the innovative environment the Commonwealth offers to entrepreneurs. More than 800 life sciences companies have chosen to locate in Virginia for its access to top research institutions, biotech parks and a highly-trained workforce with the medical expertise to support the industry.

To learn why Virginia was ranked the No. 2 Emerging Biotech Hub by Business Facilities magazine, click here.

International Paper’s Franklin Mill Gains Another Tenant—Franklin Lumber

Tuesday, 25 June 2013 16:04 by Info@YesVirginia.org
Former International Paper (IP) Franklin Mill employees have come up with a clever solution to make use of the dormant sawmill at IP’s Franklin, Va., site—establish a new company and purchase the mill...

Former International Paper (IP) Franklin Mill employees have come up with a clever solution to make use of the dormant sawmill at IP’s Franklin, Va., site—establish a new company and purchase the mill.

The newly-formed company will operate under the name Franklin Lumber, and the $14.8 million investment is expected to create 72 new jobs.

The Franklin Mill facility, located in Isle of Wight County, has seen its fair share of activity over the last year. After initially closing the paper mill in 2009, International Paper returned in the summer of 2012 and repurposed part of the facility to manufacture fluff pulp.

Also in 2012, Tak Investments announced plans to invest $60 million and create 85 new jobs to establish ST Tissue, a recycled tissue plant, by repurposing a vacant portion of the Franklin Mill site.

Franklin Lumber expects to produce 60 million board feet of southern yellow pine lumber each year for retail, treating and truss manufacturers. This project will benefit Virginia’s logging supply chain as 40 percent of the company’s materials will be sourced from the Commonwealth.

Virginia was selected for this project due to the founders’ knowledge of the Franklin Mill site and familiarity with the assets of the region, which include a strong wood basket supply chain, a skilled manufacturing workforce and a premier logistics infrastructure.

This investment also represents the first Governor’s Agriculture and Forestry Industries Development (AFID) grant to a forestry project.

Franklin Lumber joins more than 6,000 manufacturing companies located in the Commonwealth and illustrates that Virginia is not only a great place for manufacturers, but a great place to start a business. Virginia recently earned an A for its small business friendliness—to learn more, click here.

VEDP’s Digital Advertising Recognized by Richmond Ad Club

Monday, 10 June 2013 13:36 by Info@YesVirginia.org
VEDP’s YesVA mobile app and in-app advertisement for The Wall Street Journal were both recognized at the 2012 Richmond Ad Club’s Richmond Show...

VEDP’s YesVA mobile app and in-app advertisement for The Wall Street Journal were both recognized at the 2012 Richmond Ad Club’s Richmond Show.

Judged by a panel of nationally-recognized advertising and design professionals, VEDP’s advertising agency of record, Elevation, won the silver and bronze awards in the interactive category for its VEDP work.

VEDP launched the YesVA mobile app for iPad, iPhone and Android devices in the fall of 2012. This interactive tool allows clients to perform property searches and compare Virginia to other states in major business categories.

The app is available for free download at http://www.yesvirginia.org/App, or through the AppleApp Store and Google Play store.

The YesVA mobile app is part of VEDP’s digital marketing campaign targeting C-level executives and site selection consultants in selected geographies across the U.S., Europe and Asia, including native language advertisements in the German and Chinese markets.

The campaign, which began in 2012 and continues into 2013, is expected to generate more than 23 million impressions on the websites of leading business and site selection publications. The Wall Street Journal, Forbes, Bloomberg BusinessWeek, Site Selection, Area Development, Financial Times Asia and Financial Times Germany were among the selected media outlets. The campaign also incorporated pay-per-click search engine marketing via Google AdWords.

By helping companies make the most informed decision on business locations, the YesVA mobile app is yet another example of an innovative tool developed by VEDP to market Virginia as a top state for business.

To learn why Virginia’s unique combination of resources has encouraged businesses to prosper here for more than 400 years, click here.

A view of the Virginia ad from The Wall Street Journal app.

HP Hood—Largest Investment in 30 Years by Expanding Company in Frederick County

Thursday, 6 June 2013 16:05 by Info@YesVirginia.org
HP Hood recently announced plans to expand its facility in Frederick County through an $84.6 million investment that will create 75 new jobs...

HP Hood recently announced plans to expand its facility in Frederick County through an $84.6 million investment that will create 75 new jobs.

This project represents the biggest investment in 30 years by an expanding company in Frederick County. It will allow the company to increase its ultra-high-temperature production capacity. This method of pasteurizing milk products allows a longer shelf life, and the Frederick County plant is the largest facility of its type in the U.S.

HP Hood is one of the primary dairy producers in the country, with nearly $2 billion in sales and 15 plants across the U.S. The company’s well-known brands include Hood, Crowley, Simply Smart Milk, Heluva Good!, LACTAID®, BAILEYS® Coffee Creamers, HERSHEY’S® Milk and Milkshakes, and Blue Diamond Almond Breeze® almond milk.

The company has successfully operated the Frederick County plant since 2001, growing to 500 employees with the help of this expansion.

Virginia’s food and beverage industry is expanding at a rapid pace. So far in 2013, Virginia food and beverage companies have announced 12 projects, creating more than 900 jobs and bringing almost $500 million of investment into the Commonwealth.

Food and beverage companies love Virginia because the Commonwealth provides a strategic East Coast location, premier transportation network, highly-productive advanced manufacturing workforce, favorably priced utility rates and a corporate tax rate of six percent that remains unchanged since 1972.

To learn why leading food and beverage companies like Hershey Foods, McKee Foods, Nestlé Prepared Foods, Kraft Foods and Green Mountain Coffee Roasters have all established operations in Virginia, click here.

Virginia Wins 2013 Silver Shovel Award from Area Development Magazine

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

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

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

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

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

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

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

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

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

 

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

Wednesday, 1 February 2017 14:25 by Info@YesVirginia.org

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

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

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

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

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

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Virginia Economic Developers Recognized in National Ranking

Wednesday, 25 January 2017 14:20 by Info@YesVirginia.org

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

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

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

    - Pandy Brazeau, Virginia Economic Development Partnership

·         - Carrie Chenery, Shenandoah Valley Partnership

·         - Beth Doughty, Roanoke Regional Partnership

·         - Megan Lucas, Lynchburg Regional Business Alliance

·         - Buddy Rizer, Loudoun County Department of Economic Development

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

 

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Staying Focused on What Really Matters

Friday, 16 December 2016 14:39 by Info@YesVirginia.org

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

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

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

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

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

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

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

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

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

Sincerely,

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

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Getting to Know: New River Valley

Thursday, 1 September 2016 16:30 by Info@YesVirginia.org

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

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

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

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

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


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

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Virginia’s Woodworking Industry Provides Solid Foundation

Friday, 26 August 2016 14:31 by Info@YesVirginia.org

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

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

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

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

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

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

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Foreign Direct Investment Makes Massive Job Impact on Virginia

Thursday, 23 June 2016 09:48 by Info@YesVirginia.org

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

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

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

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

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

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


Governor McAuliffe
participated in a workforce development panel during SelectUSA.

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Sumitomo Machinery Corporation Celebrates 50 Years in North America

Friday, 3 June 2016 11:40 by Info@YesVirginia.org

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

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

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

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

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

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

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

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


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

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

Thursday, 26 May 2016 13:53 by Info@YesVirginia.org

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

Center for Advanced Film Manufacturing Established in Window Film Capital of the World

Monday, 9 June 2014 14:50 by Info@YesVirginia.org
The founding of the Center for Advanced Film Manufacturing was recently announced in Martinsville-Henry County during a ribbon-cutting ceremony at Patrick Henry Community College...

The founding of the Center for Advanced Film Manufacturing was recently announced in Martinsville-Henry County during a ribbon-cutting ceremony at Patrick Henry Community College.

Through a public-private partnership, the center will offer a 28-credit Advanced Film Certification Program. Students will take classes at Patrick Henry Community College and New College Institute, while receiving access to hands-on training with machinery and equipment at nearby Eastman Chemical and Commonwealth Laminating & Coating. In March, Eastman Chemical announced plans to acquire Commonwealth Laminating & Coating.

Advanced film experts at Eastman Chemical and Commonwealth Laminating & Coating are advising on curriculum and will participate as part-time instructors. The companies will also offer internships and all graduates of the program are guaranteed an interview at Eastman Chemical.

The Martinsville-Henry County region has become “the window film capital of the world,” producing more than 30 percent of the global supply of coated and dyed film.

Performance or advanced films are terms used to describe any film applied to another material, such as a glass window. Films come in the form of tints, laminates, coating and composites, providing benefits such as tints on car windows to reduce glare, tints on office building windows for privacy, additional strength to industrial windows for security, and the addition of photovoltaic materials to solar panels to capture the sun’s energy.

Students can apply to the Advanced Film Certification Program on the PHCC website, and the first class will commence in fall 2014.

Virginia is home to more than 200 plastics companies, and the Center for Advamso-para-margin-left:0in; line-height:107%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri",sans-serif; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;}

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

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

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

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

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

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

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

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

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

Distribution Companies Deliver Big Investment to Virginia

Wednesday, 18 May 2016 14:53 by Info@YesVirginia.org

This week, for Business Appreciation Month, we’re highlighting Virginia’s distribution industry and celebrating the positive impact these companies bring to the Commonwealth.

Virginia's businesses provide services and manufactured goods to customers throughout the world. Our distribution base remains strong and continues to grow with companies like The Home Depot, Best Buy, Target, Wal-Mart, Ace Hardware and Amazon.com all delivering goods from the Commonwealth.

Increasingly, retailers and distributors are taking advantage of Virginia's proximity to Eastern U.S. and Midwest markets. Millions of square feet of new warehousing space have been added at new distribution centers around the state.

In the past decade, 365 global logistics industry projects have announced capital investment of more than $1.8 billion and the creation of over 16,500 new jobs.

The Commonwealth is within a one-day drive time of approximately 43 percent of the U.S. population and over 186,000 manufacturing establishments. With our central East Coast location, Virginia is an obvious choice for many companies looking to establish or expand distribution centers.

In 2012, The Vitamin Shoppe announced a $39.4 million investment to establish a distribution center and create 174 new jobs in Hanover County. The 312,000 square-foot facility has become the company’s flagship distribution center featuring a state-of-the-art conveyor and picking and packing systems to move products from storage shelves throughout the facility to shipping bays.

McLane Foodservice Distribution, located in Prince William County, services restaurants in the Mid-Atlantic region. With two expansions in the last 10 years, the 223,000 square foot facility has three different temperature controlled areas—freezer, refrigerated and dry—in addition to employing more than 160 people.

As part of Virginia Business Appreciation Month, the distribution and global logistics industry is a great example of success due to the Commonwealth’s premier location and business environment. To learn more about the distribution industry in Virginia, click here.


The Vitamin Shoppe distribution center in Hanover County, Virginia.

Cybersecurity Industry Surges Ahead in Virginia

Thursday, 12 May 2016 10:46 by Info@YesVirginia.org

It’s Business Appreciation Month in Virginia, and we’re celebrating by highlighting one of the Commonwealth’s top industries, cybersecurity.

With its close proximity to Washington, D.C., Virginia is part of the nation’s Cyber Capital. As the hub of leading-edge intelligence technology, Virginia serves as a fertile ground for the growing cybersecurity industry. Key federal agencies involved with cybersecurity along with the nation’s leading cyber companies, such as Booz Allen Hamilton, General Dynamics, Lockheed Martin and Northrop Grumman Corp. are located in Virginia.

The Commonwealth is at the center of the IT industry, with 70 percent of the world’s internet traffic passing through Virginia.

On the heels of California, Virginia has the second highest concentration of technology workers in the nation, with nearly 10 percent of the state’s workforce employed by the information technology sector, according to Cyberstates 2015. As a result, Virginia is home to the headquarters of nearly 40 of the Washington Technology Top 100 federal contracting companies.

Reston’s Carahsoft is one of the most successful, fastest growing technology solution providers in the U.S. Founded in 2004, Carahsoft helps government agencies find the best possible technology solution at the best possible value.

NCS Technologies, headquartered in Gainesville, designs, manufactures, distributes and supports its products from a single location for clients including federal agencies, healthcare and schools. Since its founding in 1996, NCS Technologies has become a leading domestic producer of computers, servers and storage systems.

As part of Virginia Business Appreciation Month, cybersecurity represents the high-growth and technological innovation that is alive and well in the Commonwealth. To learn why these companies have found success in Virginia, click here.

 

Craft Beer Industry Thrives in Virginia

Thursday, 5 May 2016 09:22 by Info@YesVirginia.org

Virginia is celebrating Business Appreciation Month in Philadelphia this week by showcasing local breweries during BrewExpo America, the country’s largest craft brewery industry gathering.

America’s beer-brewing tradition began more than 400 years ago in historic Jamestown. Today, more than 130 licensed breweries call Virginia home and have an economic impact of $1 billion. The Commonwealth’s craft brewing industry began to flourish in 2012 when a new state law allowed breweries to sell their beer for on-premises consumption. In 2015, Virginia craft brewers produced 274,111 barrels of beer – 346% more than in 2011.

Across the Commonwealth, communities are engaged in helping the craft beer industry thrive. Virginia Tech hosts the largest, and one of few remaining, barley breeding programs in the eastern U.S. The university is also home to a state-of-the-art, new brewhouse and malting system to support industry research in fermentation and brewing.

The first commercial-scale hops drying and pelletizing facility in the Mid-Atlantic was created by Lucketts Mill & HopWorks at Black Hops Farm in Loudoun County. Michigan-based Pilot Malt House announced the opening of its second artisan craft malting operation in Loudoun County in 2015 at Black Hops Farm. The project is a collaboration between the Commonwealth, Loudoun County and Pilot Malt House and includes funding from the Governor’s Agriculture and Forestry Industries Development Fund.

Richmond’s Hardywood has been a key player in Virginia’s thriving craft beer industry. Founded by lifelong friends, Hardywood has been brewing beer since 2011. The brewery’s beers have earned international praise with medals at the World Beer Cup and Great American Beer Festival in addition to receiving a rare 100 rating by BeerAdvocate Magazine. Hardywood was rated Virginia's Top Brewery by RateBeer.com users and Thrillist.com recognized it as Virginia’s Best Brewery. The Greater Richmond Chamber Business Council awarded Hardywood the Business of the Year Award in 2013.

In Alexandria, Port City Brewing Company opened its brewery in January 2011 to create more options for quality, locally produced craft beer to Northern Virginia. Port City Brewing Company was named Small Brewing Company of the Year at the 2015 Great American Beer Festival in Denver, and has received numerous awards and recognition since 2011.

Virginia is proud to showcase its craft beer assets and local breweries at BrewExpo America. Governor Terry McAuliffe hosted a Virginia craft beer reception along with the Virginia Economic Development Partnership, the Virginia Department of Agriculture and Consumer Services, Virginia’s craft brewing community and our partners.

As we celebrate Virginia Business Appreciation Month, the craft beer industry serves as a great example of the passion and dedication of Virginia entrepreneurs. To learn why the Commonwealth is a great location to grow a business, click here.


Virginia team during BrewExpo America 2016

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

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

Wednesday, 1 February 2017 14:25 by Info@YesVirginia.org

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

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

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

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

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

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Virginia Economic Developers Recognized in National Ranking

Wednesday, 25 January 2017 14:20 by Info@YesVirginia.org

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

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

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

    - Pandy Brazeau, Virginia Economic Development Partnership

·         - Carrie Chenery, Shenandoah Valley Partnership

·         - Beth Doughty, Roanoke Regional Partnership

·         - Megan Lucas, Lynchburg Regional Business Alliance

·         - Buddy Rizer, Loudoun County Department of Economic Development

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

 

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Staying Focused on What Really Matters

Friday, 16 December 2016 14:39 by Info@YesVirginia.org

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

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

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

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

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

In March of this year, we asked Dan Gundersen to serve as Interim President and CEO, as well as COO, to help turn around VEDP. He demonstrated great courage and collaborative leadership skills in managing VEDP during a period of serious political stress and organizational crisis. Working with the Board&rsqu