From Rebuild to Reopen

Monday, 23 May 2011 08:24 by

During the month of April, the South was devastated after hundreds of tornados tore through the region.  Homes and businesses were damaged and even destroyed, leaving those affected with little to do but pick up the pieces.

In the face of such destruction, it’s difficult to see the light at the end of the tunnel—and for many—getting back on their feet could take months.  So when we heard the news that Utility Trailer Manufacturing Company was already reopening their manufacturing facility in Washington County, we were thrilled.

Utility’s dry van plant was struck by a tornado on April 28,th leaving considerable damage to the roof and building, but fortunately sparing the company’s 340 employees.  The plant manufactures Utility’s 4000D and 4000D-X Composite™ dry van trailers and it was a priority to get the facility up and running after the storm. Utility’s President, Harold Bennett praised employees and contractors saying, “[they] have done a masterful job of clean-up, debris removal, clearing damaged inventory, and helping the community rebuild what was lost from the tornado devastation.”  He went on to say, “the committed effort by Utility employees at cleaning up and restarting Glade Spring reinforces [his] faith in the human spirit and people’s ability to rise above near tragedy.”

Bennett’s praise is certainly not news to us here in Virginia. Our workforce is continually lauded by companies as hard-working, highly-skilled and educated, and diverse in their abilities and skill-sets. And as Virginians, we know that our workers aren’t just ready to perform the tasks at hand, they are also invested in their communities and in the lives of fellow citizens. So while disaster is never welcome, our workforce— one of Virginia’s biggest assets—continues to prove that they are the backbone of successful industry.

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The Big Apple

Monday, 23 May 2011 08:21 by

Last Tuesday, Governor Bob McDonnell and members of the Virginia Economic Development Partnership traveled to the Big Apple to promote the Commonwealth.  A short, but busy one-day marketing trip, the Governor met with corporate partners throughout the morning and hosted a luncheon for business representatives and consultants from the greater New York area.  Following the luncheon, the Governor headed to NASDAQ to preside over the day’s closing ceremony and spoke from the floor with Bloomberg Business Week and Cavuto from Fox News.  Check out some of the photos from the day.

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We're wired up!

Friday, 22 April 2011 13:34 by

A new industry sector continues to gain momentum here in Virginia and we’re not the only ones spreading the word. Southern Business & Development magazine ranked three Virginia data center sites in their winter 2011 “Ten Best Data Sites in the South” list. Scott County Regional Business and Technology Park in Duffield, Quality Technology Services in Richmond and GigaParks in southern Virginia all made the cut.

IT operations are an essential aspect of most companies’ operations today, and maintaining a functional data center is crucial to continuing business success. Virginia’s multiple data center locations offer an array of necessary resources to meet the increasing demand for these sites.  From existing infrastructure to ready-to-develop sites, Virginia has locations across the state- both in close proximity to Washington D.C. as well as throughout rural southern Virginia. In fact, Southern Business & Development said, “Southern Virginia is so wired up that we really couldn’t pick a specific site in that part of the state as one of our best data center sites simply because there are so many of them."

InAugust 2010, Microsoft Corp. announced their plans to open a $499 million next generation data center at one of these sites in southern Virginia. The largest investment in southern Virginia history, this project in Mecklenburg County demonstrates Virginia’s commitment to meeting the needs of businesses through a continual development of state-of-the-art infrastructure.

As data centers continue to be a buzz word across the south, you can count on Virginia to remain a front runner in providing top-notch data center sites in a pro-business environment.

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VEDP VALET Graduate Receives Prestigious National Award

Tuesday, 4 January 2011 10:18 by

SteelMaster Buildings, LLC of Virginia Beach has been honored with the Growth Through Global Trade Award, a prestigious national award created by UPS in support of the National Export Initiative. SteelMaster Buildings, which recently completed VEDP’s Virginia Leaders in Export Trade (VALET) program, was the only company in the entire United States to receive the award.

Recognizing that 95 percent of the world’s consumers live outside of the U.S., SteelMaster Buildings began to develop an international sales strategy five years ago. The company added a multilingual employee to work with its sales team. In July 2007, SteelMaster Buildings joined VEDP’s VALET program and began implementing its international sales strategy.

VEDP's VALET program incorporates services from a team of experienced international service providers who assist the VALET companies with their international goals. Service providers such as attorneys, Web designers, bankers, translators and freight-forwarders contribute essential skills for expansion into international markets.

When SteelMaster joined the program, the company’s international network consisted of four representatives. In less than two years, SteelMaster Buildings’ network grew to more than 40 representatives. Today, the Virginia company has more than 40,000 buildings worldwide in more than 40 countries and on six continents. SteelMaster Buildings graduated from the VALET program in July 2009 and continues to work with VEDP’s International Trade team to reach new goals of establishing relationships in Latin America, Eastern Europe, and China.

Read the article about SteelMaster Buildings’ success. For more information about VEDP and the VALET program, e-mail Leslie Parpart at or Oscar Ruiz at

Preparing Virginia's Future Engineers

Wednesday, 29 December 2010 15:16 by

The Commonwealth Graduate Engineering Program is a long-standing program that has demonstrated Virginia's higher education partnerships for many years. It continues to support the workforce needs of significant advanced manufacturing employers in the Commonwealth. This article is worth the short read.

A Rolls-Royce Style Celebration

Monday, 19 October 2009 15:37 by

It’s not unusual for companies to recognize their customers at milestone celebrations.

It’s not even that atypical to give customers some podium time.

But when the customer is the United States Marine Corps, and they arrive at a Rolls-Royce North America event in a Bell-Boeing V-22 Osprey, a multi-mission, military tiltrotor aircraft powered by a Rolls-Royce engine, that’s a bit out of the ordinary.

Not one—but two—40,000-pound V-22s appeared from out of nowhere this morning to usher in construction of Rolls-Royce North America’s first U.S. built-from-the-ground-up manufacturing facility in Prince George County, Virginia. Located on more than 1,000 acres, Crosspointe is the company’s largest site by area in North America, where Rolls-Royce will manufacture, assemble and test a range of aerospace components and products. Initial Rolls-Royce investment is $170 million, with a project total anticipated to be about $500 million. The first phase of work will create about 140 jobs, and Rolls-Royce expects to hire a total of 500 workers before all is said and done. The project was announced in November 2007.

Instead of the typical shovel-piercing-ground ceremony, Rolls-Royce North America CEO Jim Guyette and Virginia Governor Tim Kaine hoisted two flags—one bearing the Rolls-Royce logo and the other symbolizing the Commonwealth of Virginia—with help from none other than the Marines themselves.


 V22 Osprey Lands in Prince George County


Governor Kaine attends ground breaking

We Blow a Lot of Hot Air

Monday, 14 September 2009 09:33 by

We tout Virginia’s East Coast location as both a premium tourism destination and an economic development plus. For tourists, Virginia offers beautiful beaches and an oasis for water sports enthusiasts. But Virginia’s geographic fortune, particularly in the Hampton Roads region, also lends itself to an industry that is growing in importance. Our coastal seat is a cream-of-the-crop location for offshore wind projects.

The Hampton Roads region is well positioned to become a hub for offshore wind supply.  According to the U.S. Department of Energy, Virginia offers a class 6 (outstanding) wind power classification within 10-15 miles of shore and within close proximity to major power demand centers. The risk of major hurricane strikes is minimal in the Commonwealth, which boasts a robust coastal transmission grid, and Virginia is one of only 10 states to possess a shallow water resource base, which is important for turbine placement.

Class 6 winds are located virtually beyond the visual horizon, so those folks who loathe the idea of a turbine view need not worry. They would barely be seen, even on the clearest of days.

Virginia and its partners are working to leverage the Commonwealth’s assets to become a leading provider of wind energy. University partners, including James Madison University, Old Dominion University, William & Mary (VIMS), the University of Virginia and Virginia Tech are engaged in wind research and development, as are corporate partners such as Dominion Power, AREVA, GE Energy, SAIC, and NASA Langley Research Center. Most recently, Dabney S. Lancaster Community College began assembling a wind energy turbine technician training curriculum that covers everything from wind safety to turbine troubleshooting and repair. The college plans to offer the curriculum in 2010.

When the companies come a knockin, we hope to be ready. The Commonwealth’s wind potential is already attracting attention from energy industry leaders such as AREVA, a major Virginia employer that is seeking a location for future wind turbine manufacturing plants. In a recent Daily Press article (,0,7182547.story) , it was estimated that construction of 100 wind turbines off of Virginia’s coast could create 8,000-10,000 new jobs. How’s that? Turbine manufacturers want to be close to their client.

Wise County in Southwest Virginia last week approved BP Wind Energy’s and Dominion’s plans to move forward with construction of a wind farm within its borders. Nearby Tazewell County is considering a similar proposal. The Southwest region of the Commonwealth provides class 4 (good) wind.

We look forward to working with energy prospects to leverage the potential of our wind—regardless of the region. For more information about VEDP’s energy industry efforts, visit

Grow Internationally With a Helping Hand

Friday, 28 August 2009 11:23 by

Operating a company has its challenges. Taking the leap to expand your business internationally can be downright daunting.

But it doesn’t have to be.

Since 2006, VEDP’s Global Network has helped nearly 200 Virginia companies navigate common international obstacles—language and cultural barriers and the like—and provide the services they need to set up shop overseas. The Network removes much of the risk by offering pre-screened, in-country consultants, who, in partnership with VEDP International Trade, deliver industry-specific market research. Recently, the Network expanded into 17 additional countries, including Bulgaria, Turkey, the Netherlands, Israel and South Africa, now providing in-country services in a total of 44 different countries.

Research available ranges from the best strategy for entering a particular market to information on distributors, competitors and potential clients. Once the company visits its target market, the Global Network provides a host of in-country services, including logistical support, matchmaking assistance and service provider contacts.

Nancy Cleveland of LC Technologies in Fairfax used the Global Network to find a reputable distributor in France.  LC Technologies has developed a unique technology that uses eye movement to control computers and monitor and record eye motion and related eye data. 

 “We really could not have found CIMIS [LC Technologies’ new distributor] in France without the help of VEDP’s Global Network,” Cleveland said. “It’s difficult to find good people in other countries, and VEDP has been invaluable in helping us locate CIMIS, a good match for our very specialized technology.”

During these difficult economic times, when U.S. sales are down for many Virginia businesses, it is vital that companies look beyond American borders for sales opportunities.  The Global Network provides a familiar, helping hand full of critical and timely information about opportunities in specific industries in 44 target markets. The services are free to Virginia companies up to $3,000 per fiscal year. For more information about VEDP’s Global Network, visit

Celebration Leads to Jobs in Martinsville

Friday, 14 August 2009 15:43 by

The Martinsville-Henry County community has reason to celebrate. Monogram Food Solutions, LLC, a meat manufacturer out of Memphis, announced it will purchase the meat snack business of American Foods Group, LLC (also known as Knauss Foods), including the Martinsville production facility. The company plans to invest $3 million to expand production capacity at the Patriot Centre Industrial Park facility. The company has committed to investing every dollar it can in the local economy. More importantly, Monogram Food Solutions has agreed to keep all of the current employees and add 120 new jobs.

This announcement is like a breath of fresh air for a region that has been wrestling with a double-digit unemployment rate that’s more than twice the national average. Monogram Food Solutions’ average annual salary of about $28,000 is right in line with the region’s prevailing average wage, and 120 new jobs will provide a welcome opportunity for some of the 800+ folks who have been laid off since January 2008. About 50 people have already been hired. Another 70 should be employed by the end of the year.

The job requirements? “Energetic, passionate people who are not afraid of hard work,” was what the company was looking for, according to Ches Jackson, President of Monogram Meat Snacks. They shouldn’t be too hard to find in Martinsville.


Virginia Helps Companies Make Headlines

Monday, 10 August 2009 09:51 by

LiteSteel Technologies America, Canon, Optical Cable Corporation, Northrop Grumman Shipbuilding and GE Energy were recently showcased in IndustryWeek as the definition of advanced manufacturing.

LiteSteel was touted for its globality and Canon for its sustainability. Northrop Grumman Shipbuilding was highlighted for its successful supply chain network and Optical Cable Corporation for customization. GE Energy received high marks for leading-edge technology.

Had they paid for that horn-tooting ink in the form of an advertisement it a) would not have had the credibility of a third-party validator such as IndustryWeek behind it and b) would have cost upward of $10,000. Instead, these companies in June gave an hour of their time, some refreshments and a few chotchkies bearing their brand. In return, they received positive coverage in one of the most powerful business-to-business media venues out there thanks to their participation in the Virginia Advanced Manufacturing Media Tour, hosted by VEDP. 

VEDP coordinates two media tours annually to bring awareness to industries that are experiencing success across Virginia.  While the chief objective of the tour is to promote Virginia as an ideal business location, we also manage to snag a positive headline here and there for participating companies.

Media tours are just one of many ways VEDP works to nurture Virginia’s relationship with its corporate community. A company’s partnership with the Commonwealth doesn’t end when the shovel pierces the Earth. It’s only just beginning. To learn more about partnering with Virginia, visit

The Power of the Future Belongs to Virginia

Monday, 6 July 2009 13:22 by

Check out Virginia Business Magazine’s latest issue for a comprehensive article about Virginia’s nuclear industry.

It makes for a good read. The article underscores Virginia’s efforts to maintain a strong base of power generation from various traditional sources, while a variety of renewable resources and their associated technologies take on a larger share of the power-generation picture.

There’s no doubt the Commonwealth views nuclear as a key pillar of our unique generation and power reliability story. The power of the future belongs to Virginia. Home to three of the top global players in the energy sector (AREVA NP, Babcock & Wilcox and Northrop Grumman Shipbuilding) and a plethora of national players, Virginia’s cluster of technology, workforce and corporate businesses positions the Commonwealth as a leader in clean energy and advanced manufacturing of components for the energy sector. The vertical integration of Virginia’s assets—from workforce to real estate to research & development, to regulatory climate and proximity to market—means that energy-related companies can grow in a business climate that is prepared to sustain their competitiveness for the long term.

The article highlights the groundbreaking of the new AREVA Newport News project, a joint venture with Northrop Grumman Shipbuilding to manufacture equipment and pressure vessels for the nuclear industry. Governor Kaine will join AREVA and Northrop Grumman officials later this month for the groundbreaking ceremony in Newport News. Also discussed are several industry firsts that are happening right here in the Commonwealth: Babcock & Wilcox’s plans to develop a scalable, modular game-changing nuclear reactor, Dominion Virginia Power’s plans to build one of the first new nuclear reactors in the U.S. in three decades, and Virginia Commonwealth University is the first state university to add a nuclear engineering track to its masters engineering degree program.

The Commonwealth’s energy sector already employs more than 31,000 people, and Virginia ranks second in the number of nuclear engineers. We see both of those figures growing by leaps and bounds in the coming years, thanks to programs such as PRODUCED in Virginia (Providing Undergraduate Connections to Engineering Education in Virginia) and important strategic investments like that of the Virginia Tobacco Commission toward R&D facilities and research contracts, mainly around energy.

With help from a state interagency energy task force, VEDP is actively seeking project opportunities across the full spectrum of traditional and alternative energy resources. For more information about operating your energy facility in Virginia, visit us at or contact Mike Carruth at


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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 | All posts tagged 'stem mobile learning lab'

STEM Mobile Learning Lab—A Vehicle for Educating Virginia Students

Tuesday, 13 November 2012 13:45 by
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 her YesVirginia Business Blog | All posts tagged 'virginia'

MWV Launches Center for Packaging Innovation Pilot Plant

Tuesday, 20 March 2012 12:57 by
MeadWestvaco Corporation (MWV) recently opened its state-of-the-art pilot plant in Henrico County, Va., last week. The plant is part of MWV’s Center for Packaging Innovation, which the company moved to its corporate headquarters in Richmond, Va., from Raleigh, N.C. in 2010...

MeadWestvaco Corporation (MWV) recently opened its state-of-the-art pilot plant in Henrico County, Va., last week. The plant is part of MWV’s Center for Packaging Innovation, which the company moved to its corporate headquarters in Richmond, Va., from Raleigh, N.C. in 2010.

MWV’s Center for Packaging Innovation develops and tests new products and technologies as part of the company’s effort to find creative packaging solutions for customers across the globe. The 48,000-square-foot plant will allow the company to increase its pre-commercialization product testing. 

With five new labs MWV’s capabilities include wood fiber development, polymer compounding, metallurgy and corrosion analysis, coatings and materials testing, form/fill/seal machines, die-cutting, distribution and supply chain testing, equipment prototyping, injection molding and multi-layer extrusion and lamination, to name just a few.

The pilot plant is the latest in a series of investments this Fortune 500 company has made in the Commonwealth. MWV invested $80 million to move its corporate headquarters from Connecticut to Richmond, Va., in 2006, creating 400 new jobs. The company also announced an investment of $285 million in June 2011 to construct a new, state-of-the-art biomass boiler at its Covington Mill in Alleghany County, Va.  MWV has been a Covington employer since 1899.

These investments illustrate MWV’s confidence in Virginia’s talent and infrastructure to support innovative projects across the Commonwealth. According to MWV Chairman and CEO John A. Luke, Jr., “Virginia is not only our corporate home; it is a major base of operations and gateway for our business around the world.”

To learn why companies continue to invest in the Commonwealth and locate their headquarters in Virginia’s pro-business environment, click here.

Site Selection Magazine’s Governor’s Cup Awards Virginia a Top 5 Ranking

Thursday, 15 March 2012 11:07 by
Site Selection Magazine awarded Virginia a Top 5 ranking with its annual Governor’s Cup for new and expanded facilities. Virginia’s 273 new projects and expansions showed an increase of 44 percent over 2010, allowing the Commonwealth to climb from 10th place last year to 5th place this year...

Site Selection Magazine awarded Virginia a Top 5 ranking with its annual Governor’s Cup for new and expanded facilities. Virginia’s 273 new projects and expansions showed an increase of 44 percent over 2010, allowing the Commonwealth to climb from 10th place last year to 5th place this year.

To be included in the rankings, new facilities and expansions had to meet at least one of the following criteria: a minimum investment of $1 million, creation of at least 50 jobs and the addition of at least 20,000 square feet of new floor space.

Northern Virginia’s Arlington/Alexandria area received a No. 8 ranking for Top Metros with populations over one million. For metro areas with a population less than 200,000 three Virginia regions made the top 10 list. The Blacksburg/Christiansburg/Radford region was rated No. 4 and Charlottesville and Danville were both rated No. 8.

Staunton/Waynesboro, Va., received a 13th place ranking in the Top Micropolitan category. Micropolitans are defined as rural areas with a population of less than 50,000.

Staunton has been in the press recently when picked up the publication “How to Radically Revitalize America: A Micropolitan Manifesto.” Written and photographed by Staunton business owners, the publication describes how entrepreneurs are choosing to locate their businesses in Staunton, Va., for the rich quality of life the area offers.

Virginia’s pro-business operating environment, highly skilled workforce, leading R&D centers, premier logistics network and strong quality of life are just some of the reasons Virginia continues to lead with top accolades from CNBC,, Pollina Corporate Real Estate and Site Selection Magazine.

To learn why Virginia is the best state for business and offers the right mix of resources to support your business, click here.

Volvo Trucks’ New River Valley Plant First to Achieve Two Energy Certifications

Tuesday, 13 March 2012 15:12 by
Volvo Trucks’ New River Valley plant in Dublin, Va., is the first U.S. facility certified to the ISO 50001 standards and the first Superior Energy Performance (SEP)-certified facility to use the ISO 50001 as its energy management standard...

Volvo Trucks’ New River Valley plant in Dublin, Va., is the first U.S. facility certified to the ISO 50001 standards and the first Superior Energy Performance (SEP)-certified facility to use the ISO 50001 as its energy management standard.

The New River Valley plant achieved both certifications by participating in pilot programs supported by the U.S. Department of Defense and offered through the American National Standards Institute (ANSI) and the ASQ National Accreditation Board (ANAB). The Virginia plant was SEP certified at the highest level, platinum, due to its 15 percent improvement in energy performance over a three-year period.

These energy efficiency certifications not only take the Virginia plant closer to becoming carbon neutral, they also allow the company to be more competitive at a global level.

Company management credits its skilled Virginia workforce for coming up with many of the energy-saving ideas. “These certifications required a high degree of cooperation — a total plant effort. Employees at all levels have been actively engaged throughout our entire energy reduction journey,” said Lars Blomberg, Volvo Trucks vice president.

The 1.6 million-square-foot plant at New River Valley is a marquee establishment in Southwestern Virginia, employing more than 2,000 Virginians. The Virginia Economic Development Partnership worked with New River Economic Development Alliance and Pulaski County in 1999 on the company’s $148 million expansion of the plant, which created 1,277 new jobs. 

Virginia is home to 170 automotive companies and Volvo Trucks’ New River Valley plant is a prime example of the innovation Virginia companies are bringing to the industry. With a pro-business operating environment, skilled workforce and R&D partnerships with universities, such as the Virginia Tech Transportation Institute and the National Tire Research Center, the Commonwealth has the infrastructure to support the future growth of this industry.

To learn more about what Virginia can offer automotive companies click here.

Water from Virginia’s Rockingham County Judged Top 5 in the Nation

Thursday, 8 March 2012 16:23 by
Water from the Three Springs Water Treatment Plant in McGaheysville, Va., was ranked Top 5 in the nation at the recent Great American Water Taste Test in Washington, D.C...

Water from the Three Springs Water Treatment Plant in McGaheysville, Va., was ranked Top 5 in the nation at the recent Great American Water Taste Test in Washington, D.C.

The contest was managed by the National Rural Water Association as part of its yearly Rural Water Rally. Participants had to win both state and national competitions to be represented at the final judging panel.

Clarity, bouquet and taste were the selection criteria, with judges focusing on water samples that had no taste, no smell and perfect clarity.

The Three Springs Water Treatment Plant is located in Virginia’s picturesque Shenandoah Valley. The water quality is naturally pure as plant manager Luke Hornick stated, “We add fluorine and chlorine, but the water is of such purity that nothing else is needed.”

High water quality is important not just for individual consumption, but it also drives business decisions. Food processing and brewing companies require large amounts of high quality water, making Virginia a preferred location for those industries.

According to Rockingham County director of Community Development William Vaughn, “It’s one of the primary reasons that Coors — now MillerCoors — established East Coast operations here 25 years ago.”

Concerns over water quality and availability are receiving increased attention across the globe, making Virginia’s infrastructure resources a valuable asset for companies located in the Commonwealth. To learn more about Virginia’s world-class capabilities serving the food and beverage industry click here.

A view of Virginia's Shenandoah River

eBay Company GSI Commerce Expands in Henry County

Tuesday, 6 March 2012 16:52 by

On Monday, GSI Commerce announced plans to expand its fulfillment capabilities in Henry County, bringing 60 new jobs and a $1.5 million investment to the Martinsville area of Southern Virginia.

This expansion will be used to handle the fulfillment, freight and warehouse management of the Company Kids and The Company Store brands of Hanover Direct — a new customer GSI Commerce just acquired.

Located in Martinsville, Va., since 2007, GSI Commerce has successfully grown its operations to include 1,000 full-time and seasonal workers. The expanded facility will be located near the company’s existing facilities at Bowles Industrial Park.

“GSI Commerce’s state-of-the-art fulfillment services will better facilitate the distribution of Hanover Direct’s brands and improve its clients’ customer experience. This new relationship will also ensure many jobs dedicated to Hanover Direct fulfillment services will remain within the state of Virginia,” according to the company’s press release.

The Commonwealth is a popular place for fulfillment centers with announcing two centers in Chesterfield and Dinwiddie counties, creating 1,350 new jobs. also announced a fulfillment center in Montgomery County which is expected to create 200 new jobs.

To learn why Virginia’s strategic East Coast location, world-class logistics network and highly-skilled workforce make it a perfect location for logistics companies, click here.

Evatran’s Plugless Power System Pioneers Electric Vehicle Wireless Recharging

Thursday, 1 March 2012 14:32 by
Wytheville, Va., company Evatran is leading the way in developing an electronic vehicle (EV) wireless recharging system. Governor Bob McDonnell hosted the company’s launch event for its Apollo Program at the state capitol in Richmond, Va., last Thursday...

Wytheville, Va., company Evatran is leading the way in developing an electronic vehicle (EV) wireless recharging system. Governor Bob McDonnell hosted the company’s launch event for its Apollo Program at the state capitol in Richmond, Va., last Thursday.

Google, Duke Energy, Hertz, Clemson University and the Commonwealth of Virginia have already signed on for Phase I of the Apollo Program. These partners have agreed to test the company’s wireless charging technology over the next three months and provide feedback to the company.

Evatran has been on the fast-track since June 2010 when Governor McDonnell announced the company would invest $3.5 million to establish a new manufacturing operation in Wytheville, Va., bringing 84 new jobs to the area. The Virginia Economic Development Partnership worked with Wythe County, the Joint Industrial Development Authority of Wythe County, Wytheville, Rural Retreat and Virginia’s aCorridor to successfully compete against North Carolina and Ohio for the project.

Evatran’s Plugless Power system is unique — as its name suggests it does not require the EV to be plugged in to recharge. Through inductive power transfer, the user simply has to park the vehicle over a specialized pad which uses magnetic fields to transfer energy from the pad’s coils to the receiving coils within the vehicle adapter. The energy is only converted to electricity once inside the vehicle, ensuring a safe transfer.

Evatran hopes the convenience of its technology will aid in the early adoption of EVs as a standard mode of transportation, helping to ease the global energy crisis.

As a green energy pioneer, the company illustrates the strength of Virginia’s entrepreneurs in both the technology and energy sectors. To learn more about the Commonwealth’s unique offering for technology and energy companies click here.

Made In America — Insourcing On the Rise

Monday, 27 February 2012 17:11 by

Insourcing, reshoring, even backshoring are all terms used to described the growing trend of previously-outsourced manufacturing jobs returning to the U.S.

What exactly is driving this trend since Asia, and specifically China, has been earmarked as the go to place for cheap labor over the last decade?  The answer is simple — when it comes to goods for the U.S. market, on a total cost basis, manufacturing in China is becoming less attractive while manufacturing in the U.S. is becoming all the more so.

With increased exposure to the West, Chinese workers are demanding higher wages.  According to The Boston Consulting Group’s report Made in America, Again, Chinese wages are growing 15-20 percent each year. 

Labor typically represents only 7-25 percent of the cost in manufacturing a product. Other factors also moving in the U.S.’ favor include a favorable exchange rate, increased U.S. worker productivity and rising energy and land costs in China. Longer supply chains necessitate higher inventory and shipping expenses as well as pose political, intellectual property and weather related risks — all of which have become less tolerable to global manufacturers.

The combination of these factors led The Boston Consulting Group to conclude that “By sometime around 2015 — for many goods destined for North American consumers — manufacturing in some parts of the U.S. will be just as economical as manufacturing in China.”

In addition, China’s manufacturing infrastructure will increasingly be put to use to serve the local market. Its rising middle class will demand more products, absorbing a larger percentage of the goods produced in China. Given the costs and risks mentioned above, global supply chains appear to be shortening, with companies returning to the U.S. to manufacture goods closer to the end user.

Virginia’s furniture industry is a great illustration of this trend, with a number of expansions announced over the last few months. In Galax, Va., Albany Industries’ first Virginia location will create 335 new jobs and Vaughn-Bassett’s expansion of an existing factory and acquisition of an additional factory will create more than 100 jobs.

In addition, Netherlands producer Axxor Group chose Pittsylvania County for its first U.S. operation to supply honeycomb to nearby IKEA subsidiary Swedwood North America. Most recently, Laminate Technologies selected Henry County for its new Mid-Atlantic manufacturing operation, creating 30 new jobs.

Virginia’s cost-effective operating climate combined with its highly-skilled manufacturing workforce puts the Commonwealth in a prime position to capitalize on this trend. From Galax, Va., Vaughn-Bassett CEO John Bassett explained, “We are winning the battle against our Asian competition because we have the finest workforce in the world and we have the best equipped factories in the world,” as quoted by WSLS 10 News.

With 2011 manufacturing job creation up 31% and investment up 75% over last year, Virginia has already distinguished itself as a manufacturing powerhouse. To learn why Virginia’s pro-business climate and educated workforce make it a great location for manufacturing companies, click here.

Virginia Small Business Financing Authority Launches Micro-Loan Program

Thursday, 23 February 2012 16:33 by
While micro-loans are often associated with aiding entrepreneurs across the globe, the Virginia Small Business Financing Authority has established a program to help Virginia entrepreneurs right here in the Commonwealth.

While micro-loans are often associated with aiding entrepreneurs across the globe, the Virginia Small Business Financing Authority has established a program to help Virginia entrepreneurs right here in the Commonwealth.

The program is targeted towards existing Virginia businesses that will use the financing to either create new jobs or retain existing jobs. Companies must have been in operation for at least three years, as well as meet additional criteria in order to take advantage of the program.

These short-term loans will have a maximum maturity of one year with rates based off the Wall Street Journal  Prime Rate. Funds can be used for financing working capital needs, fixed asset purchases, leasehold improvements or technology infrastructure.

Virginia is a great place to start and grow a business, offering entrepreneurs a variety of resources at all stages of expansion. Use these links to learn more about Virginia’s Micro-Loan Program and obtain an application.

To learn more about Virginia’s resources for early stage companies click here.

Laminate Technologies Can’t Resist Virginia’s Furniture Community in Henry County

Tuesday, 21 February 2012 09:40 by

A rich tradition of cabinet and furniture makers in Southern Virginia attracted Laminate Technologies (LamTech) to the Martinsville Industrial Park in Henry County. Virginia competed successfully against North Carolina for the project, which will bring 30 new jobs and a $2 million investment to the already well-established wood product manufacturing industry in the Martinsville – Henry County region. 

The Henry County location is LamTech’s first operation in the Commonwealth, strategically positioning the company near many of its customers, already thriving in the region. Home to a number of successful furniture companies, the region has established itself as a hub of American furniture manufacturing. Some of these firms, such as Basset and Stanley, were founded in Martinsville and have had a manufacturing presence in Henry County for more than 80 years.  

Given the nature of wood product manufacturing, which demands the movement and storage of large pre-production and finished goods, Virginia’s world-class logistics and supply chain network provides a strategic advantage to furniture companies. With easy access to high quality lumber, the efficient East Coast transportation infrastructure and a workforce of skilled artisans, Henry County offers an ideal location for the manufacturing of hardwood and laminate furniture, cabinets and component products. 

To learn more about Virginia’s growing wood products industry and why LamTech is one of more than 1,100 wood products companies located in the Commonwealth click here

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

Friday, 7 September 2012 14:08 by
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
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...