Canon Virginia Adds Toner Manufacturing Operation to Newport News Facility

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

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

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

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

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

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

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

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

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.

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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 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 co