Danville Community College Prepares Virginia's Advanced Manufacturing Workforce

Donnerstag, 3 Oktober 2013 16:37 by Info@YesVirginia.org

With the U.S. seeing a resurgence of manufacturing jobs, Danville Community College (DCC) has launched a new initiative, the Southern Virginia Consortium for Advanced Manufacturing (SVCAM), to ensure Virginia, and especially the Dan River region, is well-positioned to capitalize on this trend.

One of the goals of SVCAM is to expand DCC’s advanced manufacturing training programs. The manufacturing jobs that have been reshored tend to be higher tech jobs that require a strong STEM (science, technology, engineering and math) background.

DCC has already increased the size of its popular Precision Machining Technology program. Graduates are in high demand from businesses in the region, and DCC has doubled enrollment capacity and added two new machining instructors.

With additional funding from the Virginia General Assembly and other industry partners, DCC plans to renovate its Charles Hawkins Engineering and Industrial Technology building and expand machining lab and classroom space from 6,500 to more than 20,000 square feet. SVCAM funding will also be used to expand DCC’s welding, robotics, industrial maintenance, electronics, polymer manufacturing, engineering technology, additive manufacturing and nanotechnology programs.

Another benefit of the SVCAM program is increased outreach to younger students. DCC has partnered with area high schools to establish a 33-hour dual enrollment program that allows juniors and seniors to earn credit towards an Advanced Manufacturing Certificate and gain valuable skills in one of four areas:  precision machining technology, electronics, industrial maintenance or welding.

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

Virginia Wins 2013 Silver Shovel Award from Area Development Magazine

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

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

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

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

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

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

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

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

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

 

Amazon Web Services Announces 500 New Jobs in Virginia

Wednesday, 29 May 2013 10:05 by Info@YesVirginia.org
Amazon Web Services, a business unit within Amazon.com, announced plans to establish a new office in Fairfax County and create 500 new jobs...

Amazon Web Services, a business unit within Amazon.com, announced plans to establish a new office in Fairfax County and create 500 new jobs.

The multi-million dollar investment is driven by increased demand for the company’s cloud services business. Amazon Web Services provides a low-cost technology infrastructure platform in the cloud for business, government and start-up customers in more than 190 countries across the globe.

The location in Fairfax County provides Amazon Web Services with close proximity to its government customers as well an extremely advanced IT workforce. Virginia has the highest concentration of technology workers according to Cyberstates 2011.

Amazon.com already has a strong presence in the Commonwealth. In 2011, the company announced it would establish two fulfillment centers in Central Virginia for a total investment of $135 million, creating more than 1,350 new jobs.

The company’s focus on providing cutting edge services for its customers is closely aligned with the innovative, pro-business environment in the Commonwealth. According to the U.S. Chamber of Commerce’s Enterprising States 2013, Virginia is the No. 1 state in STEM (science, technology, engineering and math) job concentration and has the No. 1 share of high-tech businesses. In addition, more than 50 percent of the world’s Internet traffic flows through the Commonwealth each day.

To learn why technology leaders like Accenture, CSC, General Dynamics, L-3 Communications, Microsoft, Northrop Grumman, Oracle and SAIC have all established operations in Virginia, click here.

World’s Tallest Modular Building—Based in New York, Built in Virginia

Wednesday, 22 May 2013 16:21 by Info@YesVirginia.org
Construction has begun on B2 Modular, the first of three residential towers that will make up the 15-building, 22-acre multi-use site called Atlantic Yards in Brooklyn, N.Y. B2 Modular will be the world’s tallest modular building at 32 stories, approximately 321 feet...

Construction has begun on B2 Modular, the first of three residential towers that will make up the 15-building, 22-acre multi-use site called Atlantic Yards in Brooklyn, N.Y.

B2 Modular will be the world’s tallest modular building at 32 stories, approximately 321 feet. 

Virginia-based Banker Steel is currently fabricating the 930 modular steel frame components at its facility in Lynchburg. The steel chassis will then be shipped to the Brooklyn Navy Yard where sheetrock, electrical, plumbing, tile and countertops will be added before final delivery to the building site in downtown Brooklyn.

Banker Steel recently announced it would expand its Lynchburg facility by 45,000 square feet and hire 50 new employees to meet the demand.

It is estimated that 60 percent of construction will be completed off-site in a controlled environment, allowing for significant improvements in safety, efficiency, speed and ultimately costs. Off-site construction is also expected to reduce material waste and minimize the impact to the local community.

Banker Steel was selected for this project as it previously partnered with Forest City Ratner Companies, lead developer of Atlantic Yards. The company fabricated more than 10,000 tons of steel for the Barclays Center sports arena, anchor facility at Atlantic Yards and home of the NBA Brooklyn Nets.

Banker Steel’s work on B2 Modular illustrates the creativity and technical skill found in Virginia companies. To learn more about the innovative environment the Commonwealth offers, click here.

A rendering of B2 Modular, the world’s tallest modular building.

American Electric Power Qualifies Two Data Center Sites in Virginia

Thursday, 9 May 2013 13:24 by Info@YesVirginia.org
American Electric Power (AEP) recently qualified two business parks in the Commonwealth as prime locations ready for data center development—Roanoke County Center for Research and Technology and Wythe County Progress Park...

American Electric Power (AEP) recently qualified two business parks in the Commonwealth as prime locations ready for data center development—Roanoke County Center for Research and Technology and Wythe County Progress Park.

AEP operates in Virginia as Appalachian Power, and is one of the largest electric utilities in the U.S., serving more than 5 million customers and generating more than 38,000 MW of capacity. 

The company’s rigorous data center qualification process includes an independent review by location consulting firm Biggins Lacy Shapiro & Company and energy advisory group Sugarloaf Associates. Suitable data center sites are selected based on their competitive electric rates, reliable and redundant power supply, strong fiber optic infrastructure, low risk of natural and manmade disasters, moderate climate and business-friendly environment.

Dominion has a similar program and has pre-certified six data center sites in Virginia—Low Moor Mine Site in Alleghany County, Hillcrest Industrial Park in Mecklenburg County, Roanoke River Regional Business Park in Mecklenburg County, Watkins Centre in Chesterfield County, Meadowville Technology Park in Chesterfield County and White Oak Technology Park in Henrico County.

Most notable about these prequalified locations is their geographic diversity across the Commonwealth. In addition to “Data Center Alley” in Northern Virginia, AEP and Dominion have prequalified sites across Central, Southern and Western Virginia.

Virginia data center announcements topped $1 billion in 2012, displaying Virginia’s leadership in the technology sector. More than 50 percent of the world’s Internet traffic passes through the Commonwealth’s state-of-the-art infrastructure.

To learn why more than 700 data processing and hosting establishments have recognized the benefits of a Virginia location, click here.

U.S. Chamber of Commerce Ranks Virginia a Top State for Performance, Innovation and Talent

Monday, 6 May 2013 17:18 by Info@YesVirginia.org
In its fourth annual Enterprising States study, the U.S. Chamber of Commerce gave Virginia top marks in three out of six categories. Virginia was ranked No. 3 in Overall Innovation and Entrepreneurship, No. 5 in Overall Performance, and No. 5 in Overall Talent Pipeline...

In its fourth annual Enterprising States study, the U.S. Chamber of Commerce gave Virginia top marks in three out of six categories. Virginia was ranked No. 3 in Overall Innovation and Entrepreneurship, No. 5 in Overall Performance, and No. 5 in Overall Talent Pipeline.

This year’s theme, Getting Down to Small Business, focused on the importance of small businesses to lead the economic recovery, and looked at how states can implement policies to support entrepreneurs.

The study noted the importance of accelerator initiatives, economic gardening activities, business plan competitions, workforce development curricula and international trade programs—all of which Virginia does. Governor McDonnell’s 2012 Year of the Entrepreneur initiative and Virginia’s Business One Stop program received special recognition in the report.

Virginia was able to obtain a No. 3 ranking in Overall Innovation and Entrepreneurship due to its leadership in science and technology. According to the study, Virginia is the No. 1 state in STEM job concentration and has the No. 1 share of high-tech businesses.

The Commonwealth’s high standard of living and No.1 ranking in adjusted median family income helped Virginia to achieve a Top 5 spot in Overall Performance.

The report also noted Virginia’s well-educated workforce, including strong high school advanced placement scores, educational attainment, and higher education efficiency—all contributors to Virginia’s success in obtaining a Top 5 ranking in Overall Talent Pipeline.

These top rankings confirm Virginia’s position as a leading place for small businesses and entrepreneurs. The Commonwealth recently received an “A” for its small business friendliness from The Kauffman Foundation and Thumbtack.com.

With March unemployment at 5.3 percent, the lowest number since December 2008, the Commonwealth’s focus on small business and job creation is yielding positive results. To learn why Virginia continues to be a great place to start a business, click here.

Governor McDonnell’s Asia Marketing Mission Yields Positive Results

Tuesday, 30 April 2013 16:35 by Info@YesVirginia.org
This April, Governor McDonnell led an economic development marketing mission to California and Asia along with members of his cabinet, VEDP, Virginia Tourism Corp., Virginia Port Authority and Virginia International Terminals, and the Virginia Department of Agriculture and Consumer Services...

This April, Governor McDonnell led an economic development marketing mission to California and Asia along with members of his cabinet, VEDP, Virginia Tourism Corp., Virginia Port Authority and Virginia International Terminals, and the Virginia Department of Agriculture and Consumer Services.

The 16-day mission included meetings with companies in California looking to expand on the East Coast, as well as meetings with companies in China and Japan to discuss potential investment in the Commonwealth and trade opportunities with Virginia companies.

The trip has already yielded positive news, including announcements for two Virginia companies—Hamilton Beach Brands, Inc. and JTI Leaf Services.

Hamilton Beach will soon be expanding sales of its household electric appliances in China. On April 22, Governor McDonnell attended the signing of a contract between Chinese distributor Yingli and Yihaodian, the fastest-growing integrated ecommerce company, to sell Hamilton Beach products in China.

Hamilton Beach is a current participant in VEDP’s award-winning Virginia Leaders in Export Trade (VALET) program. The program helps established Virginia companies increase international sales.

On April 23, JTI Leaf Services announced a $7.5 million investment to upgrade equipment at its facility in Danville, Va. Governor McDonnell met with officials from parent company Japan Tobacco while in Tokyo. Southern Virginia was selected for its rich history in tobacco production which includes an experienced workforce to support the industry.

Governor-led marketing missions provide a unique opportunity to promote Virginia’s pro-business story on the international stage, and the Governor’s presence can open doors at the highest levels to build relationships that win business for the Commonwealth.

To learn more about Virginia’s business strengths and why the Commonwealth remains the location of choice for growing global companies, click here.

Governor McDonnell (center) attends the signing of a contract between Yingli and Yihaodian. Company officials (left to right) include: David Garibay, Legal Representative and General Manager, VP China Operations, Hamilton Beach Brands; Yuling Mao, General Manager of Yingli Electronics Technology Co., Ltd., Hamilton Beach Distributor in China; Junling Liu, CEO of Yihaodian; Wilber Wei, Vice President, Consumer Electronics Department of Yihaodian; and Dr. Gang Yu, Chairman of Yihaodian.

Orbital Sciences Completes First Launch of Antares Rocket from Virginia

Monday, 29 April 2013 16:25 by Info@YesVirginia.org
Last week, Orbital Sciences completed the first launch of its Antares rocket from the Mid-Atlantic Regional Spaceport (MARS) Pad 0A at NASA’s Wallops Flight Facility on the Eastern Shore of Virginia...

Last week, Orbital Sciences completed the first launch of its Antares rocket from the Mid-Atlantic Regional Spaceport (MARS) Pad 0A at NASA’s Wallops Flight Facility on the Eastern Shore of Virginia.

This first launch is a positive outcome of the public-private partnership between Orbital Sciences and the Virginia Commercial Space Flight Authority (VCSFA). The two have partnered since 2008 to develop and improve Pad 0A, the liquid-fuel-capable launch facility at MARS.

As a test flight, the purpose of this mission was to launch the Antares rocket and deliver a payload similar in mass to the Cygnus spacecraft into the Earth’s orbit. In addition, the mission also launched three smartphones into orbit to test them for use as satellites.

The test flight is the first of 10 Antares missions scheduled from MARS. Orbital Sciences will next perform a demonstration mission, followed by eight resupply missions, delivering cargo to the International Space Station.

As part of the new era of space exploration in the U.S., NASA is increasingly relying on corporate partners through its Commercial Orbital Transportation Services program. In December 2008, NASA awarded Orbital Sciences a $1.9 billion Commercial Resupply Services contract to complete the eight resupply missions.

Through MARS, Virginia offers one of only four commercial sites authorized by the FAA for orbital space launches. MARS provides safer and lower cost access to space with an ideal trajectory for earth orbit insertion.

Virginia’s strategic location, high-tech workforce, and strong business environment continue to attract the aerospace industry. To learn why more than 230 aerospace companies call Virginia home, click here.

A view of the first Antares rocket launch from MARS at NASA's Wallops Flight Facility in Virginia, courtesy of the Virginia Commercial Space Flight Authority.

Virginia Receives an “A” for Small Business Friendliness

Tuesday, 23 April 2013 10:12 by Info@YesVirginia.org
Virginia received an “A” for the second year in a row from Thumbtack.com’s Small Business Friendliness Survey...

Virginia received an “A” for the second year in a row from Thumbtack.com’s Small Business Friendliness Survey.

The Commonwealth also improved its rank to No. 6 in the annual study. The Kauffman Foundation and Thumbtack.com surveyed more than 7,700 small business owners nationwide to obtain the results.

Virginia outshined its competition in the mid-Atlantic. In the category of overall friendliness, Virginia received an “A” while Maryland received a “C,” North Carolina received a “B+” and Tennessee received a “B+.”

Virginia also received “A’s” for its ease in starting a business, regulations, and training and networking programs.

“For the second year, Virginia set an outstanding example of providing a supportive environment for small business,” said Sander Daniels, co-founder of Thumbtack.com. “Our research with thousands of small businesses points to the importance of clear and consistent regulations and relevant training programs, and these are exactly the areas where Virginia excels.”

Another bright spot for the Commonwealth is Virginia Beach, which received an “A+” and was ranked the No. 2 city for overall friendliness and No. 1 city for ease in starting a business.

Entrepreneurs continue to start their businesses in the Commonwealth because Virginia offers an innovative environment combined with the right resources. To learn more about starting a business in Virginia click here.

WhiteWave Foods Expands Plant in Rockingham County

Monday, 22 April 2013 15:56 by Info@YesVirginia.org
On Thursday, Lieutenant Governor Bill Bolling attended a ceremony in Rockingham County to announce the expansion of The WhiteWave Foods Company’s Mount Crawford plant. The company plans to add a warehouse facility and machinery through a $69.8 million investment, creating 36 new jobs...
Today, VEDP announced the launch of its ‘Going Global’ initiative as part of its strategy to help Virginia defense companies mitigate the effects of sequestration...

Today, VEDP announced the launch of its ‘Going Global’ initiative as part of its strategy to help Virginia defense companies mitigate the effects of sequestration.

Sequestration is the name for the automatic federal spending cuts that began on March 1 as part of the Budget Control Act of 2011, enacted by Congress to resolve the U.S. debt-ceiling crisis.

The impact of Sequestration has been less severe than expected—Department of Defense contracts decreased from $56.9 billion in FY2011 to $51.5 billion in FY2012. However, the Commonwealth is the top state for DoD contracts, raising concerns that lost contracts could results in lower revenues for Virginia companies unless they can find new customers.

As part of its sequestration mitigation strategy, VEDP is working with Virginia defense companies to help them find those new customers overseas. The receipt of nearly $2 million in federal and state funds will allow VEDP to augment some of its most successful programs already underway within the International Trade division. 

For example, defense companies will be able to utilize VEDP’s Global Network team of in-country consultants from more than 55 countries. Market research services include compiling background information, identifying potential distributors, conducting due diligence, arranging matchmaking appointments with potential partners and customers, assessing competition, and helping companies understand the regulatory environment.
 
VEDP will be able to assist companies with export compliance. Virginia companies participating in this program will receive an export compliance analysis, including guidance on completing a Commodities Jurisdiction Analysis and submitting the required paperwork to the Department of State in compliance with International Traffic in Arms Regulations.

The grant will also allow companies to enhance their marketing and digital presence to target foreign markets through website translation and search engine optimization.

VEDP recently released an export guide for defense companies titled Export Opportunities for Virginia’s Defense Industry. The guide outlines regulations, processes and strategies specific to the defense industry, and contains marketing and sales best practices for both new and experienced exporters. 

VEDP’s International Trade division offers a wide variety of programs to help Virginia companies succeed in the global marketplace. To learn more, click here.

Virginia Receives Numerous Top Rankings from Business Facilities Magazine

Freitag, 9 August 2013 10:35 by Info@YesVirginia.org
Once again, Virginia received a number of top rankings in Business Facilities’ 2013 State Rankings Report. The Commonwealth was ranked No. 5 for Best Business Climate and No. 8 for Economic Growth Potential...

Once again, Virginia received a number of top rankings in Business Facilities’ 2013 State Rankings Report. The Commonwealth was ranked No. 5 for Best Business Climate and No. 8 for Economic Growth Potential.

The strength of Virginia’s workforce and education system was recognized through a No. 8 ranking for Best Education Climate and a No. 9 in the Employment Leaders category.

A number of Virginia’s key industries were also touted by the study. Virginia was ranked No. 4 in the Data Center category. Data center investment has grown at a rapid pace in the Commonwealth due to Virginia’s plentiful high-tech workforce, substantial broadband infrastructure, and low-cost environment. In 2012, Virginia saw more than $1 billion in investment in this sector.

Virginia was ranked No. 7 in the Aerospace/Defense Industry Leaders category. This comes as no surprise, as the Commonwealth is the No. 1 state for Department of Defense contracts and is home to a number of global aerospace and defense companies due to its strengths in the high-tech and manufacturing spaces, strong military presence and close proximity to federal customers. Virginia also offers one of only four commercial sites authorized by the FAA for orbital space launch.

Often referred to as the “Energy Capital of the East Coast,” Virginia was recognized as a Biofuels Leader with a No. 7 ranking. The Commonwealth has seen a number of announcements in this sector—Enviva is currently completing construction on a 454,000-metric-ton wood pellet manufacturing facility in Southampton County. The company will utilize Southern Virginia’s rich wood basket, seasoned labor force, and proximity to the Port of Chesapeake to provide biomass for its international customers.

In addition, three Virginia localities were recognized in the Business Facilities Metro Rankings Report. Prince George County was rated No. 7 for Economic Growth Potential, due in part to expansions at Ft. Lee, Rolls-Royce and the Commonwealth Center for Advanced Manufacturing (CCAM). 

Newport News and Norfolk were ranked No. 2 and No. 9, respectively, as Logistics Leaders (Ports) for their proximity to the international Port of Virginia. Offering access to 250 ports in more than 100 overseas locations, the Port of Virginia is the only U.S. East Coast location able to handle post-Panamax vessels as first port of call.

Virginia continues to receive top accolades because the Commonwealth offers the location and resources businesses need to succeed. To learn why companies have prospered in Virginia for more than 400 years, click here.

Nine Virginia Schools Make Forbes 2013 America’s Top 200 Colleges Report

Donnerstag, 1 August 2013 16:30 by Info@YesVirginia.org
Once again, Virginia colleges and universities made a strong showing on the Forbes 2013 America’s Top Colleges list...

Once again, Virginia colleges and universities made a strong showing on the Forbes 2013 America’s Top Colleges list.

Nine Virginia institutions were ranked in the Top 200 in the Overall Category: Washington and Lee University (No. 21), University of Virginia (No. 29), College of William and Mary (No. 44), Virginia Military Institute (No. 87), University of Richmond (No. 88), Virginia Tech (No. 110), James Madison University (No. 168), Hampden-Sydney College (No. 189), and George Mason University (No. 197).

Virginia schools also stood out in a number of categories. Washington and Lee University was ranked No. 20 on the Best Private Colleges list, and James Madison University came in at No. 21 on the Best Value Colleges List.

Three Virginia schools made the Top 25 in the Best Public Colleges category. University of Virginia was ranked No. 4, College of William and Mary was ranked No. 9, and Virginia Military Institute came in at No. 17.

What is unique about this ranking is that Forbes focuses on ROI and what students get out of their college experience. Forbes looks at five areas to determine its rankings—student satisfaction scores, post-graduate success, student debt, graduation rates and nationally recognized awards.

Virginia’s higher education system currently includes more than 450,000 students enrolled at institutions ranging from 15 comprehensive public institutions, eight of which offer doctoral programs, more than 50 private accredited four-year colleges and universities, and 23 public community colleges.

The quality of Virginia’s workforce is often cited as a critical advantage by companies in the Commonwealth, and with a world-class higher education system, Virginia is poised to maintain a strong pipeline of skilled workers.

To learn how Virginia’s premier higher education system is preparing a skilled workforce for the future, click here.

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Virginia Economic Development Partnership is the Best State for Business

The Virginia Economic Development Partnership (VEDP), a state authority created by the Virginia General Assembly to better serve those seeking a prime business location and increased trade opportunities, provides confidential site selection and international trade services. VEDP's mission: To enhance the quality of life and raise the standard of living for all Virginians, in collaboration with Virginia communities, through aggressive business recruitment, expansion assistance, and trade development, thereby expanding the tax base and creating higher-income employment opportunities.

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Virginia Receives Top Ranking on Forbes.com’s 2012 Best States For Business

Thursday, 13 December 2012 16:34 by Info@YesVirginia.org
Once again, Virginia received a podium ranking from Forbes.com in its annual Best States for Business ranking. Coming in at No. 2, Virginia is the top state on the East Coast and has held first or second overall since the ranking began in 2006...

Once again, Virginia received a podium ranking from Forbes.com in its annual Best States for Business ranking. Coming in at No. 2, Virginia is the top state on the East Coast and has held first or second overall since the ranking began in 2006.

The ranking is based on six categories: costs, labor supply, regulatory environment, current economic climate, growth prospects and quality of life.

The Commonwealth was ranked No. 1 in the category of regulatory environment. According to Forbes.com, “The state ranks on top of the regulatory category because of its strong incentive offerings and business friendly government policies." With right-to-work laws, an unemployment tax burden 32 percent lower than the national average, and a six percent corporate tax rate unchanged since 1972, companies have improved their bottom lines just by locating in Virginia.

In the important category of labor supply, Virginia came in at No. 2 and was the top state on the East Coast. With 4.1 million motivated and highly skilled workers and more than 500,000 students enrolled in Virginia’s top-ranked colleges and universities, the Commonwealth has a strong pipeline ready to fill present and future industry needs.

Virginia was ranked No. 4 in the quality of life category, a metric that is gaining increasing importance for companies making relocation decisions. Virginia has one of the nation’s highest concentrations of historic resources and is blessed with beautiful mountains, rivers and beaches, as well as 35 state parks, 22 national parks and more than 500 trails, providing an abundance of recreational opportunities for residents.

This top ranking from Forbes.com adds to the distinguished list of honors Virginia has received this year, including winning the 2011 Competitiveness Award from Site Selection magazine, a No. 2 ranking on Pollina Corporate Real Estate’s Top Pro-Business States for 2012, and No. 3 rankings on Business Facilities’ 2012 State Rankings Report and CNBC’s America’s Top States for Business list, to name a few. 

To learn why Virginia continues to receive top recognition from the industry as the premier state for business, click here.

Leading Global Satellite Services Provider Intelsat Moves Headquarters to Virginia

Tuesday, 11 December 2012 12:30 by Info@YesVirginia.org
At an event overlooking the site for the company’s new headquarters building in Tysons Corner, Va., Governor McDonnell announced Intelsat will move its U.S. headquarters from Washington, D.C., to Fairfax County in 2014. The project will bring at least 430 jobs and an investment of more than $24 million in leasehold improvements to Northern Virginia...

At an event overlooking the site for the company’s new headquarters building in Tysons Corner, Va., Governor McDonnell announced Intelsat will move its U.S. headquarters from Washington, D.C., to Fairfax County in 2014. The project will bring at least 430 jobs and an investment of more than $24 million in leasehold improvements to Northern Virginia.

With plans to lease 188,000 square feet, Intelsat will be the anchor tenant at Tysons Tower, a new, 20-story office building being developed by Macerich as part of a three tower, mixed-use project at Tysons Corner Center. 

The state-of-the-art tower will be the tallest building in Tysons Corner, offering Intelsat employees panoramic views of Northern Virginia, a modern workspace, prime access to the amenities of Tysons Corner, and direct connection to the Capital Beltway and planned extension of the Metro Silver Line.

In addition, close proximity to Washington Dulles International Airport gives the Luxembourg-based company access to 80 percent of the world’s economies.

As the world’s leading provider of satellite services, Intelsat has delivered information to leading media companies, multinational corporations, Internet Service Providers and government agencies for more than 45 years. 

Intelsat’s new headquarters location in Fairfax County is not only aligned with its growing customer base, but it also offers access to a strong pipeline of highly-skilled workers. According to Cyberstates 2011, Virginia has the highest concentration of high-tech workers.

To learn why global leaders continue to select Virginia as an environment that reflects their innovative culture, click here.

Latin American Subsidiary Phoenix Packaging Continues Growth in Pulaski County

Wednesday, 5 December 2012 16:13 by Info@YesVirginia.org
Phoenix Packaging recently announced plans to invest $20 million and create 100 new jobs to expand its Virginia operation in Pulaski County. This represents the second expansion in less than two years, bringing the company’s total announcements to $58 million in capital investment and more than 400 new jobs...

Phoenix Packaging recently announced plans to invest $20 million and create 100 new jobs to expand its Virginia operation in Pulaski County. This represents the second expansion in less than two years, bringing the company’s total announcements to $58 million in capital investment and more than 400 new jobs.

Part of Virginia’s New River Valley region, Pulaski County also serves as the company’s North American Headquarters. Phoenix Packing is a subsidiary of Grupo Phoenix, a leading Latin American manufacturer of packaging products targeting the food and disposable consumer product industries.

Seeking closer proximity to its U.S. customers, the company first selected Virginia in 2010 from more than 40 other possible sites. Virginia competed against Arizona for this latest expansion project and has successfully competed against Georgia, Kentucky, North Carolina, Tennessee, West Virginia, California and Nevada over the last three years. 

After investigating options overseas, Phoenix Packaging’s decision to remain and grow its Virginia operation illustrates just how well the Commonwealth competes on a global level.

Virginia’s strategic location, premier transportation infrastructure, skilled workforce, world-class higher education institutions, and competitive operating costs were all leading factors in the company’s multiple decisions for Virginia.

In addition, Virginia’s growing food and beverage industry, a primary market for Phoenix Packaging, proved to be an attractive asset. With names like Kraft Foods, Nestle and Hershey, Virginia boasts more than 550 food and beverage manufacturing companies that have invested $1.9 billion in the Commonwealth over the last decade. In fact, Green Mountain Coffee Roasters, one of Phoenix Packaging’s customers, announced last year it would invest $180 million to establish a production and distribution facility in Isle of Wight County, Va.

To learn why Virginia manufacturers continue to find success in the Commonwealth, investing more than $13.8 billion over the last decade, click here.

Rolls-Royce Announces Second Facility on Virginia Crosspointe Campus

Tuesday, 4 December 2012 09:34 by Info@YesVirginia.org
Rolls-Royce recently announced it will begin construction on a second advanced manufacturing facility at its Crosspointe campus in Prince George County, Va., which is expected to bring a $136 million investment and 140 new jobs to the Central Virginia region...

Rolls-Royce recently announced it will begin construction on a second advanced manufacturing facility at its Crosspointe campus in Prince George County, Va., which is expected to bring a $136 million investment and 140 new jobs to the Central Virginia region.

The 90,000-square-foot Advanced Airfoil Machining Facility will be located on Rolls-Royce’s 1,000-acre campus, adjacent to its Rotatives manufacturing facility. Construction is expected to be completed by the end of 2013.

The Advanced Airfoil Machining Facility will produce turbine blades and nozzle guide vanes for advanced aero engines used in the Boeing 787 Dreamliner, Airbus 380 and Airbus 350. Using Rolls-Royce’s advanced machining technology and proprietary high-speed cutting process, the company has the ability to precisely shape specialized materials and efficiently produce durable engine components.

Driven by growth for its aero engines, the company continues to expand its Crosspointe facility, making it the largest and most advanced Rolls-Royce campus in North America. Rolls-Royce’s vision for the Crosspointe campus is to create a hub of advanced manufacturing innovation, with partnerships between leading research universities, government and businesses. 

To date, the Crosspointe campus includes the company’s Rotatives facility, which opened in May 2011 as a center of excellence to manufacture the company’s engine discs. Also at Crosspointe, CCAM opened this fall as an applied research center, joining leading Virginia universities and manufacturing companies to bring real-world solutions to market more quickly.

With ample space and a robust, industrial-grade infrastructure for additional facilities, Rolls-Royce’s Crosspointe Campus is poised to attract suppliers and continue its growth as a leading center for advanced manufacturing.

To learn more about the Rolls-Royce Crosspointe Campus and Virginia’s capabilities in the advanced manufacturing space, click on the highlighted links.

A rendering of Rolls-Royce's Advanced Airfoil Machining Facility at its Crosspointe campus in Prince George County, Va.

HanesBrands Inc. Expands in Patrick County

Thursday, 29 November 2012 13:47 by Info@YesVirginia.org
HanesBrands recently announced plans to expand its Woolwine plant in Patrick County, Va., through a $1.6 million investment...

HanesBrands recently announced plans to expand its Woolwine plant in Patrick County, Va., through a $1.6 million investment.

The company will upgrade the plant with high-speed manufacturing equipment that will double current capacity and allow the company to increase production of performance fabrics in the women’s sports market. 

The investment will bring 50 new jobs and retain 215 jobs at the Patrick County operation. In addition, HanesBrands employs a workforce of 400 at its distribution center in nearby Martinsville, Va.

HanesBrands has a long history in the region and the company’s positive experience with Virginia’s pro-business climate and advanced manufacturing workforce helped ensure the Commonwealth was selected once again.

Southern Virginia maintains a rich heritage of textile operations, and this investment illustrates Virginia’s manufacturing prowess in the competitive worldwide apparel industry.

With more than 6,000 manufacturers located in Virginia, the Commonwealth has seen more than $13.8 billion in capital investment from manufacturing companies over the last 10 years. To learn more about Virginia’s advanced manufacturing industry, click here.

WEIGHTPACK Moves Headquarters from Italy to Virginia

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

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

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

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

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

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

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

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

CCAM Opens Facility in Prince George County, Virginia

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

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

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

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

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

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

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

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

STEM Mobile Learning Lab—A Vehicle for Educating Virginia Students

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

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

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

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

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

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

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

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

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

VEDP Releases Exporting Guide for Service Companies

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

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

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

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

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

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

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

Celanese Corp. Converts Giles County Celco Plant to Natural Gas

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

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

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

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

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

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

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

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

VEDP Launches “YesVA” App

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

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

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

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

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

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

A view from the main screen of the YesVa app.

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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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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.

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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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