Mexican Company Announces First U.S. Location in Pulaski County, Va.

Wednesday, 20 March 2013 10:46 by Info@YesVirginia.org
From New River Community College last week, Governor McDonnell announced that Red Sun Farms will establish its first U.S. location in Pulaski County, Va., to produce organic, greenhouse grown tomatoes. The $30 million investment will create 205 new jobs over the next five years...

From New River Community College last week, Governor McDonnell announced that Red Sun Farms will establish its first U.S. location in Pulaski County, Va., to produce organic, greenhouse grown tomatoes. The $30 million investment will create 205 new jobs over the next five years.

Part of the Agricola El Rosal group based in Mexico, Red Sun Farms produces tomatoes, bell peppers and cucumbers using greenhouse hydroponics. The company’s high technology includes the use of hot water heating, carbon dioxide injection, climate control and fully-automated irrigation.

With plans to build a 45-acre greenhouse operation, Red Suns Farms will be the first tenant in the New River Valley Commerce Park, a 1,000-acre industrial site located four miles from I-81 and 30 minutes from Virginia Tech.

Virginia was able to successfully compete against Tennessee because Pulaski County offered the right mix of resources, including ideal climate conditions, a ready workforce, and a central location providing prime access to East Coast markets.

In addition, Pulaski County offers excess water capacity combined with very competitive electric rates. The region maintains its skilled workforce through access to 12 colleges and universities within a 60-mile radius, and provides a strong quality of life through two state parks, the Jefferson National Forest, and close proximity to the Appalachian Trial and Blue Ridge Parkway.

Virginia’s food and beverage industry continues to build momentum—just last week the Governor announced more than $176 million in capital investment and 265 new jobs in this growing sector. 

To learn why food and beverage companies continue to choose the Commonwealth, investing more than $1.9 billion over the last decade, click here.

Governor McDonnell presents a Virginia flag to Thierry Legros, Red Sun Farms Managing Director, during the company’s announcement event in Pulaski County, Va.

Shamrock Farms Breaks Ground in Augusta County, Virginia

Monday, 18 March 2013 17:01 by Info@YesVirginia.org
On Friday, Governor McDonnell attended a ground-breaking ceremony to announce Shamrock Farms’ plans to build a dairy manufacturing facility in Augusta County, Va., which will bring a $50 million investment and 60 new jobs to the region...

On Friday, Governor McDonnell attended a ground-breaking ceremony to announce Shamrock Farms’ plans to build a dairy manufacturing facility in Augusta County, Va., which will bring a $50 million investment and 60 new jobs to the region.

Since its founding in 1922, Shamrock Farms has grown to become one of the largest family-owned-and-operated dairies in the U.S. This is the company’s first operation in Virginia.

During the ceremony, officials broke ground on Shamrock Farms’ state-of-the-art, 130,000-square-foot facility which will be located at Mill Place Commerce Park. This investment will allow the company to better serve the East Coast market and meet growing demand for its On-the-Go mmmmilk and Rockin’ Refuel brands. 

Through its ultra-pasteurization process and airtight safety seal, Shamrock Farms’ extended shelf life products stay fresher on store shelves for longer.

Virginia successfully competed against Maryland and West Virginia because Augusta County offered the right infrastructure mix—a strong, local milk supply chain, an advanced manufacturing workforce, and a strategic location with easy access to Virginia’s premier transportation network through I-81.

Shamrock Farms is not the only food and beverage company to find success in Augusta County—McKee Foods, maker of Little Debbie® snack cakes, has operated a manufacturing plant there for more than 22 years, and credits the region’s skilled workforce with achieving significant productivity gains.

Last week alone, the Governor announced more than $176 million in capital investment and 265 new jobs in Virginia—all from the Commonwealth’s food and beverage industry.

To learn why more than 550 food and beverage manufacturing companies have established operations in the Commonwealth, including household names like Hershey Foods, Nestlé Prepared Foods, Kraft Foods, and Green Mountain Coffee Roasters, click here.

Governor McDonnell (third from left) is joined by company, state and local officials, as well as Roxie, the Shamrock Farms’ mascot, at the company’s ground-breaking ceremony in Augusta County, Va.

VEDP Economist Touts Benefits of Virginia’s Offshore Wind Industry to House Committee

Friday, 15 March 2013 13:53 by Info@YesVirginia.org
Earlier this month, VEDP Senior Economist Brian Kroll testified before the U.S. House of Representatives’ Subcommittee on Energy and Mineral Resources. The subject of the oversight hearing was “America’s Offshore Energy Resources: Creating Jobs, Securing America, and Lowering Prices”...

Earlier this month, VEDP Senior Economist Brian Kroll testified before the U.S. House of Representatives’ Subcommittee on Energy and Mineral Resources. The subject of the oversight hearing was “America’s Offshore Energy Resources: Creating Jobs, Securing America, and Lowering Prices.”

The subcommittee, led by Congressman Doug Lamborn, heard testimony from four experts on how offshore energy can be a catalyst for job creation and economic development, particularly in regions off the Outer Continental Shelf.

VEDP Senior Economist Brian Kroll focused on the positive impact of Virginia’s growing offshore wind industry.

Using an economic impact analysis that assumed 2,000 MW of offshore wind capacity were built over a 10-year period and only half of the supply chain located in the Commonwealth, Kroll concluded that 2,125 direct jobs and 2,710 indirect jobs could be created in Virginia over the first five years, and an additional 1,635 direct jobs and 1,960 indirect jobs could be created over the last five years, for a grand total of 8,430 new jobs in Virginia.

These jobs would primarily come from sectors such as operations and maintenance, construction, and the manufacturing of nacelles, turbine blades and generators.

In addition, Kroll concluded these jobs would benefit Virginia through an additional $9 billion in GDP and $119 million in state-level tax revenue over the 10-year period.

With yesterday’s announcement that the Bureau of Ocean Energy Management (BOEM) is on track to issue the Virginia Department of Mines, Minerals and Energy a wind energy research lease on the Outer Continental Shelf, Virginia’s wind industry continues to build momentum. 

In December, we blogged about the positive announcements from the BOEM, advertising the first-ever wind energy lease sale on the Outer Continental Shelf, and from the Department of Energy, reporting that a Virginia team was one of seven projects awarded a grant for the engineering, design and installation of an offshore wind turbine demonstration facility.

Virginia is primed to be a leader in the offshore wind industry, providing the ideal combination of strong Class 6 winds, shallow waters off the coast, an experienced maritime workforce, a robust transportation network, and access to a fully operational high voltage transmission grid close to shore.

To watch a webcast of Brian Kroll’s presentation, click here and to learn why more than 380 energy companies call Virginia home, click here

VEDP Senior Economist Brian Kroll testifies before the U.S. House Subcommittee on Energy and Mineral Resources about the economic benefits of developing Virginia’s offshore wind industry.

Unilever Invests $96.2 Million in Suffolk, Va. Lipton Tea Plant

Tuesday, 12 March 2013 14:11 by Info@YesVirginia.org
Yesterday, Unilever announced plans to invest $96.2 million to upgrade its Lipton Tea Plant in Suffolk, part of the Hampton Roads region of Virginia...

Yesterday, Unilever announced plans to invest $96.2 million to upgrade its Lipton Tea Plant in Suffolk, part of the Hampton Roads region of Virginia.

The Lipton Tea plant has operated out of Suffolk since 1955 and is the largest tea processing facility in the U.S., producing nearly all the Lipton tea bags sold throughout North America. 

The investment will allow the company to increase production by both expanding and upgrading to more modern equipment. The Suffolk plant already has a reputation for efficiency and sustainability—in 2009 it became a “zero-landfill” facility through a combination of recycling, composting, and converting waste into usable energy.

Close proximity to the international Port of Virginia was a key deciding factor in the Commonwealth’s favor. Unilever already utilizes the port to bring in loose tea from all over the world for processing at its Suffolk plant. The Port of Virginia offers access to 250 ports in more than 100 overseas locations.

The strength of the Hampton Roads employee pool was another positive factor cited by the company. More than 300 highly-skilled workers currently support the Lipton plant.

This investment adds to Virginia’s growing food and beverage cluster. Home to household names such as Hershey Foods, Nestlé Prepared Foods, Kraft Foods, and Green Mountain Coffee Roasters, more than 550 food and beverage manufacturing companies have established operations in the Commonwealth.

To learn why food and beverage companies have invested more than $1.9 in Virginia over the last decade, click here.

Governor McDonnell presents Bill Kelly, Suffolk Supply Chain Leader, Unilever, with a commemorative share of stock in the Virginia Company at the Lipton Tea plant announcement event in Suffolk, Va.

Porter’s Group Comes to Lynchburg, Virginia

Thursday, 7 March 2013 14:31 by Info@YesVirginia.org
On Monday, Porter’s Group LLC announced plans to establish its first Virginia operation in the City of Lynchburg through a $1.8 million investment, creating 120 new jobs...

On Monday, Porter’s Group LLC announced plans to establish its first Virginia operation in the City of Lynchburg through a $1.8 million investment, creating 120 new jobs.

Porter’s Group manufactures fabricated metal products, and its advanced capabilities allow it to produce a broad range of products from ATMs to engine parts.

The company plans to purchase an existing manufacturing facility from one of its customers, Diebold Inc., allowing it to quickly transition the plant for its specific production needs. The talented manufacturing workforce already in place in the Lynchburg region will also aid in the company’s quick ramp-up to production.

In addition to a turnkey building and ready workforce, Lynchburg offers a prime location that geographically aligns the company’s operations with its existing customer base. 

Located near I-81, Lynchburg provides convenient access to Virginia’s premier transportation network, which includes six interstate highways, nine commercial airports, 14 railroads, including two Class I lines, and the international Port of Virginia. 

Leading manufacturing companies continue to select the Commonwealth due to its competitive cost environment, strategic location and highly-skilled workforce. To learn why manufacturing companies have invested more than $13.7 billion in Virginia over the last decade, click here.

Shenandoah Valley Partnership Launches Education and Training Database

Tuesday, 5 March 2013 09:57 by Info@YesVirginia.org
The Shenandoah Valley Partnership recently announced the launch of the new Shenandoah Valley Education and Training Database. The database will provide both employers and citizens with one convenient tool to learn about the wealth of training programs available throughout the region...

The Shenandoah Valley Partnership recently announced the launch of the new Shenandoah Valley Education and Training Database. The database will provide both employers and citizens with one convenient tool to learn about the wealth of training programs available throughout the region.

The database is located at http://www.svp-va.org/database.aspx and is searchable by keyword, field of study and degree level. It was created to solve the problem of employers not being aware of the broad offering of educational programs available, particularly in the region’s high growth areas, which include advanced manufacturing, agriculture, energy, life sciences and IT.

Located between the Blue Ridge and Allegheny Mountains, the Shenandoah Valley Partnership includes the counties of Augusta, Bath, Highland, Page, Rockbridge, Rockingham and Shenandoah, as well as the cities of Buena Vista, Harrisonburg, Lexington, Staunton and Waynesboro.

The region is home to a number of prestigious higher education institutions, including James Madison University, Mary Baldwin College, Virginia Military Institute, and Washington and Lee University, as well as numerous community and technical colleges.

With 94 percent of the region’s 2012 corporate investment coming from expansion projects, the high quality of the local workforce is often cited as a compelling reason for a company’s decision to remain in the Shenandoah Valley. 

Take McKee Foods, maker of Little Debbie® snack foods and one of the area’s major employers, as an example. President and CEO Mike McKee stated, “We have found our Virginia workforce to be some of the most loyal and highly-skilled employees in the industry—and about 85 members of our Virginia workforce have been at the plant since it opened. Our Virginia employees, now over 700 strong, are highly-motivated and have helped us boost plant productivity by 24 percent over the last two years.”

Jointly developed by the Shenandoah Valley Partnership and Blue Ridge Community College, the Shenandoah Valley Education and Training Database is another positive example of cooperation among the public, private and educational sectors in Virginia. To learn more about the Commonwealth’s highly-skilled workforce and premier educational programs, click here.

Commonwealth Graduate Engineering Program Celebrates 30 Years

Thursday, 28 February 2013 13:21 by Info@YesVirginia.org
The Commonwealth Graduate Engineering Program (CGEP) recently celebrated its 30-year anniversary at an event in Richmond, Va., hosted by CGEP and VEDP...

The Commonwealth Graduate Engineering Program (CGEP) recently celebrated its 30-year anniversary at an event in Richmond, Va., hosted by CGEP and VEDP.

CGEP offers Master’s degrees and certificate programs for engineers and scientists seeking to further their education while remaining in the workforce. Students can pursue degrees in Computer Engineering, Civil & Environmental Engineering, Electrical Engineering, Engineering Administration, Environmental Science & Engineering, and Systems Engineering.

What is most unique about the program is its distance learning model, which includes both online courses and televised courses offered at more than 25 sites across Virginia. CGEP uses the latest interactive video conferencing technology, allowing for two-way audio and video to provide an interactive classroom experience for students.

In addition, graduate students can personalize their program by taking advantage of courses offered by any of the five participating universities, which include George Mason University, Old Dominion University, University of Virginia, Virginia Commonwealth University, and Virginia Tech.

During the 2011-2012 academic year, total enrollment in CGEP increased by 10 percent to 6,759 students. CGEP attributes this growth to increased offerings in online coursework, allowing busy graduate students to take classes anywhere, anytime.

CGEP is another example of the innovative programs offered by Virginia’s prestigious higher education institutions to ensure a solid pipeline of skilled employees is ready to fulfill industry needs. 

To learn more about CGEP or Virginia’s higher education offerings, click on the highlighted links.

Liebherr Mining Equipment Co. Expands in Hampton Roads, Virginia

Monday, 25 February 2013 13:47 by Info@YesVirginia.org
Liebherr Mining Equipment Newport News Co. recently announced plans to expand its advanced manufacturing operation in Hampton Roads, Va., through a $45.4 million investment, creating 174 new jobs...

Liebherr Mining Equipment Newport News Co. recently announced plans to expand its advanced manufacturing operation in Hampton Roads, Va., through a $45.4 million investment, creating 174 new jobs. 

The Liebherr campus is located in Copeland Industrial Park, which covers two Virginia cities—Newport News and Hampton.  

Liebherr, part of the Liebherr Group based in Switzerland, is known as a leading manufacturer of construction and mining equipment. The expansion will allow the company to meet demand for its mining trucks as well as develop new models.  The company expects to produce 240-ton, 320-ton, and 400-ton models.

In addition to increasing capacity and adding production equipment, this investment also enables Liebherr to expand its office and warehouse space. The company plans to add a training center as well as augment its material flow process.

Established in the Hampton Roads region in 1970, the company’s 40-year history and decision to further invest in Virginia speaks to its positive experience with the Commonwealth’s skilled workforce and pro-business climate.

The Hampton Roads location also offers close proximity to the international Port of Virginia. The company’s equipment is shipped worldwide, and the Port of Virginia offers access to 250 ports in more than 100 overseas locations. In addition, it is the only port on the U.S. East Coast able to handle post-Panamax vessels as first port of call.

With its skilled workforce, low-cost environment, and premier logistics infrastructure, Virginia is home to more than 6,000 manufacturing establishments. To learn why manufacturing companies have invested more than $13.7 billion in the Commonwealth over the last decade, click here.

Secretary Jim Cheng addresses the crowd at the Liebherrr Mining Equipment Co. announcement event in Newport News, Va.

New Logistics Research Center Established in Central Virginia

Thursday, 21 February 2013 09:55 by Info@YesVirginia.org
Last week, Governor McDonnell announced the establishment of the Commonwealth Center for Advanced Logistics Systems (CCALS) in Prince George County, Va...

Last week, Governor McDonnell announced the establishment of the Commonwealth Center for Advanced Logistics Systems (CCALS) in Prince George County, Va.

This public-private alliance will focus on solving logistics challenges and bringing solutions to market more quickly by partnering Virginia’s leading universities and logistics companies. Founding members include Longwood University, UVA, VCU, VSU, Logistics Management Resources, and LMI.

The expertise of the founding members includes a variety of disciplines within the logistics industry, such as supply chain risk management, modeling and simulation, large-scale data management, enterprise system integration, and workforce development.

To foster a collaborative research environment, the CCALS facility is expected to include computation and large-scale data mining laboratories, as well as a production warehouse for advanced simulation experiments.

In addition to bringing solutions to market more quickly, CCALS will allow industry members to influence the curriculum and workforce development programs at participating universities, as well as obtain access to the quality pipeline of graduates entering Virginia’s workforce each year.

CCALS complements Central Virginia’s existing logistics hub, which already includes the U.S. Army’s Logistics University at Fort Lee, two Amazon.com distribution centers, and significant UPS and FedEx operations.

Virginia continues to build upon the reputation of its premier logistics network, which includes six interstate highways, nine commercial airports, 14 railroads, including two Class I lines, and the International Port of Virginia, which is the only East Coast location in the U.S. able to handle post-Panamax vessels as first port of call. 

To learn why companies have invested more than $1.8 billion in Virginia logistics projects over the last decade, click here.

International Subsidiary Daikin McQuay Expands in Augusta County

Thursday, 14 February 2013 14:38 by Info@YesVirginia.org
Yesterday, Daikin McQuay announced plans to invest $9.2 million to expand its facility in Augusta County, creating 50 new jobs...

Yesterday, Daikin McQuay announced plans to invest $9.2 million to expand its facility in Augusta County, creating 50 new jobs.

A subsidiary of Fortune 1000 company Daikin Industries, Daikin McQuay is the largest HVAC and refrigeration company in the world. The company designs flexible HVAC solutions for commercial, industrial and institutional markets with a focus on high energy efficiency.

The expansion will allow the company to better serve its global customers through the addition of a testing area to demonstrate the performance of its products using a variety of metrics.   

Daikin McQuay has found success in Augusta County for almost 60 years, tapping into the engineering and technical expertise of the local workforce. The center of the company’s industrial chiller operation is located at the Augusta County facility.

Governor McDonnell met with company officials during his Asia Marketing Mission in 2011, as well as during marketing trips to New York in 2011 and 2012 to tout Virginia’s premier business environment.

The Commonwealth continues to attract global leaders like Daikin McQuay due to Virginia’s unique combination of assets, which include a high-tech workforce, world-class logistics network, and competitive operating costs. To learn more, click here.

Virginia Beach Develops Economic Gardening Initiative

Tuesday, 12 February 2013 14:58 by Info@YesVirginia.org
The Virginia Beach Economic Development Authority and Hampton Roads Partnership have joined together to launch the Virginia Beach Economic Gardening Initiative...

The Virginia Beach Economic Development Authority and Hampton Roads Partnership have joined together to launch the Virginia Beach Economic Gardening Initiative.

The economic gardening program will allow local entrepreneurs access to resources and information typically only available to larger, more established companies. 

Specifically, the Virginia Beach initiative will provide high-tech research tools so participating companies can analyze their strategy and market dynamics. The program includes access to advice from seasoned entrepreneurs through a partnership with the Service Corps of Retired Executives.

In addition, companies will receive 35 hours of support from a national team with expertise in marketing, data analysis, geographic information systems, and social media. The program is available to 10 companies each year, and the first three companies selected include Morphix Technologies Inc., Virginia Toy & Novelty Co., and Klett Consulting Group Inc.

Economic gardening is a growing trend in economic development circles. Holding to the theory that entrepreneurs drive local economies, adherents support these smaller business owners by providing resources in the community to help businesses grow. This grass-roots approach, popularized by MIT researcher David Birch, is a complement to the more traditional economic development model of recruitment and retention.

The Virginia Beach Economic Gardening Initiative is an example of the innovative, pro-business environment that exists across the Commonwealth of Virginia. To learn more about the resources Virginia offers to help businesses succeed, 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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Amazon Fulfillment Center in Chesterfield Still Buzzing After the Holidays

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

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

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

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

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

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

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

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

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

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

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

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

To learn more, click here.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Photo courtesy of the Virginia Department of Transportation.

VEDP Host Virginia Tour for Chinese Journalists

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

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

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

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

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

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

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

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

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

Forbes.com Names Virginia A Best State for Business

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

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

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

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

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

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

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

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

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

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

Photo courtesy of Virginia Tourism Corp.

Global Center for Automotive Performance Simulation Established in Halifax County

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

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

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

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

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

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

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

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

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

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

VEDP Releases Two New Marketing Tools for Mobile Devices

Friday, 31 October 2014 15:26 by Info@YesVirginia.org
VEDP recently released two new marketing tools for use on mobile devices. First, the YesVA App version 2.0 was released to the Apple App Store. For those who have already downloaded the original app to your iPad or iPhone, you can obtain the new version in the Updates section of the App Store...

VEDP recently released two new marketing tools for use on mobile devices.

First, the YesVA App version 2.0 was released to the Apple App Store. For those who have already downloaded the original app to your iPad or iPhone, you can obtain the new version in the Updates section of the App Store.

New features for the YesVA App version 2.0 include:

  • Overall redesign to iOS 7 standards for design and user interface
  • The ability to filter properties by region
  • Better property grouping and functionality in map view
  • Better search functionality which matches the search function of the VirginiaScan desktop version

There were no changes made to the Android version. For those who have never downloaded the app, links to both the Apple and Android versions are available at http://www.YesVirginia.org/aboutus/app.

Second, we have also released the VEDP iBook. This interactive sales tool allows economic development professionals to present to clients on the road using only an iPad. The VEDP iBook links directly to VirginiaScan for property searches and the Compare Virginia tool for side-by-side comparisons between Virginia and other states and MSAs on key economic metrics.

Content also includes video testimonials from C-level industry peers and interactive graphical presentations of Virginia’s premier assets, including our workforce, infrastructure and transportation network.

These interactive tools are another demonstration of the innovation that is alive and well in the Commonwealth. We hope these will assist our economic development partners in marketing Virginia as the best state for business to companies across the globe. To learn more, click here.

A view of the VEDP iBook homepage.

NASA Grant Creates New STEM Education Program at Virginia’s Community Colleges

Tuesday, 14 October 2014 16:00 by Info@YesVirginia.org
The Virginia Space Grant Consortium recently announced a new program called STEM Takes Flight at Virginia’s Community Colleges funded by a $500,000 grant from NASA...

The Virginia Space Grant Consortium recently announced a new program called STEM Takes Flight at Virginia’s Community Colleges funded by a $500,000 grant from NASA.

The purpose of the initiative is to augment STEM (science, technology, engineering and math) education within the Virginia Community College System and build stronger connectivity with NASA to provide students with world-class learning and research opportunities.

STEM Takes Flight at Virginia’s Community Colleges offers a full suite of programs that includes real-world internships, research experiences, additional coursework and faculty training.

One example is the Build/Fly/Learn component which allows students to work on paid summer research projects at both NASA Langley Research Center in Hampton, Va., and NASA Goddard Space Flight Center’s Wallops Flight Facility in Wallops Island, Va. This opportunity is available to 38 community college rising sophomores who work in teams under the guidance of a NASA mentor.

Additional coursework includes two multi-disciplinary classes on mission development and planning offered through Virginia’s Eastern Shore Community College, which will allow students to develop and fly a sounding rocket payload. A third course covers sea level rise and its impact on coastal communities. It’s available online and led by Virginia Western and Thomas Nelson Community Colleges.

VCCS faculty will also receive additional training through a residential professional development STEM workshop at NASA’s Wallops Flight Facility. Twenty professors will have the opportunity to participate in a hands-on case study beginning June 2015.

The STEM Takes Flight program is another example of Virginia’s premier higher education system that provides real-world experiences to ensure Virginia’s workforce pipeline is ready to meet the industry needs of the future. To learn more about Virginia’s higher education and workforce training solutions, click here.

James Carter, a former NASA Langley Research Center intern, researches heat calibrations on model spray coatings.

VCU’s da Vinci Center Offers Real-World Interdisciplinary Training

Tuesday, 16 September 2014 09:10 by Info@YesVirginia.org
Where can a student work on a live project alongside classmates from the Schools of Arts, Business, Engineering, and the Humanities and Sciences? VCU’s da Vinci Center...

Where can a student work on a live project alongside classmates from the Schools of Arts, Business, Engineering, and the Humanities and Sciences? VCU’s da Vinci Center.

Companies in the greater Richmond area submit a product innovation problem to the da Vinci Center. Art, design, business and engineering students then work on cross-functional teams to develop an innovative solution, sponsored by the company.

The da Vinci Center prepares Virginia students to enter the workforce and hit the ground running, armed with the innovative and entrepreneurial thinking they will need to tackle everyday problems on the job. While students major in one area of study, the program allows them to see through the lens of multiple disciplines. It also emulates the way different departments work together to solve problems in a corporate environment.

Housed in the Pauley Pavilion, part of the School of Engineering, the center offers a multi-use space that facilitates product development from idea generation to market validation. Students have access to rapid prototyping machines and computer modeling and 3D object scanning equipment.

VEDP’s own economist, Michael Gilbert, was a da Vinci Center participant during his time at VCU. He worked on a minimally-invasive surgery trainer for physicians at MCV.

“The experience gained was invaluable,” said Gilbert. “Working on a cross-functional team with students from the School of the Arts, School of Engineering, and School of Business provided me insight and skills I still use today. Developing intellectual property on the team and through the course as an undergraduate is something I will never forget.”

The center offers two programs — an Undergraduate Certificate in Product Innovation and a Master of Product Innovation. The center is currently accepting applications for its spring 2015 class.

The da Vinci Center is yet another example of the cutting edge programs Virginia’s colleges and universities offer to prepare the workforce of tomorrow. To learn more about the Commonwealth’s premier higher education system, click here.

A group of students at VCU’s da Vinci Center develop a surgery trainer for MCV physicians. Photo courtesy of VCU da Vinci Center project team.

Volvo Trucks Opens New Customer Experience Track in New River Valley

Thursday, 21 August 2014 15:54 by Info@YesVirginia.org
Last week, Governor McAuliffe celebrated the opening of Volvo Trucks’ new Customer Experience Track with a ribbon-cutting ceremony in Dublin, Va...

Last week, Governor McAuliffe celebrated the opening of Volvo Trucks’ new Customer Experience Track with a ribbon-cutting ceremony in Dublin, Va.

The 1.1 mile track features two paved lanes, straight-a-ways and eight percent super-elevated curves to simulate highway conditions. There is also an off-road portion to replicate more challenging conditions, showcasing the range of the company’s Class 8 vehicles.

The track is located on the company’s nearly 300-acre New River Valley campus, which contains the largest Volvo Truck manufacturing facility in the world at 1.6 million square feet. The plant is certified to ISO 500001 energy, ISO 9001 quality and ISO 14001 environmental standards.

The company drew from the expertise of its advanced manufacturing workforce to design and build the track. Employees even had a role in naming it the Twin Oaks Track after deciding to keep two oak trees in the center of the course.

Market demand has made significant strides since the recession, with the plant employing more than 2,500 workers. Earlier this summer, the company invested $69 million to add state-of-the-art equipment and redesign the facility to further improve efficiency and product quality, creating 200 new jobs in the process.

The track will likely draw additional customers to the New River Valley region to visit the plant and test drive potential Volvo Truck purchases.

It also augments Virginia’s thriving automotive industry which includes assets like the Virginia Tech Transportation Institute, National Tire Research Center, SoVA Motion, National Crash Analysis Center, CCAM, C-CARE and the Virginia Modeling and Simulation Center, to name a few.

To learn why more than 150 automotive companies call Virginia home and have announced $1.1 billion in capital investment over the last 10 years, click here.

Governor McAuliffe takes a test drive on Volvo Trucks’ new Customer Experience Track in Dublin, Va.

MAAP Unmanned Aerial Test Site at Virginia Tech Declared Fully Operational by FAA

Monday, 18 August 2014 15:57 by Info@YesVirginia.org
Last week, a group of government, academic and business leaders gathered at Virginia Tech’s Transportation Institute to celebrate the FAA declaring the Mid-Atlantic Aviation Partnership’s Unmanned Aircraft Systems test site program fully operational...

Last week, a group of government, academic and business leaders gathered at Virginia Tech’s Transportation Institute to celebrate the FAA declaring the Mid-Atlantic Aviation Partnership’s Unmanned Aircraft Systems test site program fully operational.

In December 2013, the FAA announced that Virginia Tech was selected as one of six test sites across the country to conduct research as part of an initiative to establish safety standards for integrating UAS, such as drones, with commercial aircrafts.

Virginia Tech led the submission of a joint proposal for Virginia, New Jersey and Maryland, along with Rutgers University and the University of Maryland, called the Mid-Atlantic Aviation Partnership. MAAP is headquartered at Virginia Tech’s Institute of Critical Technology and Applied Sciences, with test sites located across Virginia, New Jersey and Maryland.

The ceremony included a simulation flight involving an unmanned, multi-rotor helicopter called the Smart Road Flyer. It was modified for transportation research by Dr. Kevin Kochersberger, a professor with the College of Engineering and the Virginia Center for Autonomous Systems, and engineering students from the Unmanned Systems Laboratory at Virginia Tech. The simulation gathered information from a mock accident scene on an interstate highway.

This scenario illustrates the wide-ranging future capabilities of UAS. Potential uses of this technology include disaster response, search and rescue missions, utility and pipeline inspections, agricultural monitoring, wildlife management, cargo delivery and weather observation.

This is another win for Virginia’s burgeoning aerospace industry. With flights to the International Space Station taking off from MARS/NASA Wallops Flight Facility and UAS launched from MAAP at Virginia Tech, the Commonwealth has the assets to stake its claim as a national aerospace leader. 

To learn why more than 250 aerospace companies have chosen to call Virginia home, click here.

Dr. Kevin Kochersberger (right) describes a UAS simulation flight at the Virginia Tech Transportation Institute during the MAAP First Flight Ceremony. University President Timothy Sands, Virginia Delegate Joseph Yost, Governor Terry McAuliffe, and MAAP Executive Director Rose Mooney (left to right) discuss the future of unmanned and autonomous aviation at the event. Photo Courtesy of Virginia Tech.

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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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