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.

Williamsburg-James City County School System Hosts Second Annual Manufacturing Day

Wednesday, 29 October 2014 15:30 by Info@YesVirginia.org
Earlier this month, schools and companies partnered to host 17 events across Virginia as part of the second annual national Manufacturing Day campaign...

Earlier this month, schools and companies partnered to host 17 events across Virginia as part of the second annual national Manufacturing Day campaign.

One such event included students from Williamsburg-James City County Public Schools for the second year. Students, teachers and guidance counselors were given tours of the manufacturing plants at six local companies, including Anheuser-Busch, Ball Corp., Coresix Precision Glass, Owens-Illinois, Printpack Inc. and Walmart Distribution Center.

Students learned about the diversity of careers in manufacturing, as well the high-tech skills needed to pursue a career in advanced manufacturing.

The students also learned about the various paths available to prepare for this type of career. Representatives from Thomas Nelson Community College were on hand to discuss coursework they offer to prepare students to directly enter the manufacturing workforce or continue on to a four-year degree.

The event was sponsored by WJCC Public Schools, the Association for Manufacturing Excellence and James City County.

A WJCC guidance counselor also attended another Manufacturing Day event nearby at Newport News Shipbuilding. The program allowed 13 area high school guidance counselors to tour the Welding School and The Apprentice School to view hands-on demonstrations of trades training.

Manufacturing Day is a national program that encourages manufacturing companies across the U.S. to open their doors and provide tours for high school students in their communities. The purpose is to dispel misperceptions about the industry and inspire students to pursue careers in manufacturing after seeing the high-tech, rewarding career paths available to them.

The Manufacturing Day events in Virginia illustrate the Commonwealth’s leadership in preparing students for advanced manufacturing careers and developing a workforce with the skills to meet industry needs. To learn more, click here.

Virginia students tour the Anheuser-Busch control room and learn about the high-tech nature of today’s advanced manufacturing careers. Photo courtesy of the Association for Manufacturing Excellence.

VEDP Named a “Best in Class” Economic Development Group at IEDC Conference

Monday, 20 October 2014 13:22 by Info@YesVirginia.org
VEDP was named a “Best in Class” economic development organization today at the International Economic Development Council’s Annual Conference...

VEDP was named a “Best in Class” economic development organization today at the International Economic Development Council’s Annual Conference.

The results were tabulated by Development Counsellors International as part of its 2014 “Winning Strategies in Economic Development Marketing” report. DCI conducts a survey among U.S. corporate executives and site selection consultants every three years.

“The leading economic development organizations identified in this year’s survey set the standard across the country for being ‘Best in Class’ on so many levels and clearly stand out to site selectors across the country,” said DCI President Andrew T. Levine. “As states look at how to build and strengthen relationships with site selectors and influence corporate executives’ decisions on where to locate, invest and create jobs, ‘Winning Strategies’ provides a glimpse into the minds of this important audience.”

VEDP tied for sixth place with 15 percent of the responding executives and location advisors identifying us as a top economic development organization.

During FY2014, VEDP assisted on 183 projects that resulted in announcements of 15,029 new jobs and $5.19 billion in invested capital. These 183 projects will generate an estimated $280 million of new state tax revenue for Virginia after five years and approximately $620 million after 10 years. These projects will also generate an estimated $276 million of local tax revenue after five years and approximately $612 million after 10 years.

VEDP’s recognition as a “Best in Class” organization from one of our key markets — executives and location advisors — makes this award all the more meaningful and illustrates that we are on track to fulfill our 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."

To learn more about how VEDP can assist your business, click here.

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.

JMU Extends Collaboration to the Community with the Ice House

Tuesday, 30 September 2014 16:59 by Info@YesVirginia.org
James Madison University and partners have joined together to create the Ice House, a revitalized building complex in downtown Harrisonburg that will serve as a center of collaboration and engagement for JMU students, entrepreneurs and citizens in the local community...

James Madison University and partners have joined together to create the Ice House, a revitalized building complex in downtown Harrisonburg that will serve as a center of collaboration and engagement for JMU students, entrepreneurs and citizens in the local community.

Formerly known as the Cassco Ice House complex, the building was constructed in 1934 for ice and cold storage to support the region’s distribution of agricultural products. Operations were discontinued in 2004 and the building was unused until the recent revitalization plans rechristened it the Ice House.

The name references both the building’s history as well as a JMU initiative called ICE, an acronym for Innovation-Collaboration-Entrepreneurship. JMU seeks to become a model of engagement that mobilizes resources from the university and community to launch new businesses and commercialize technology.

Phase one of the project is complete and JMU has occupied 30,000 of the 80,000-square-foot building with departments such as Outreach and Engagement, the Office of Technology Innovation, Communications and Marketing, the JMU Small Business Development Center, the Center for Entrepreneurship and the Lifelong Learning Institute.

The principal developers of the Ice House project are both JMU alumni and the furniture was designed and built by JMU’s Industrial Design students.

The building currently offers space available for rent that includes offices, event space, a kitchen, and classrooms and conference rooms fit with touchscreen A/V equipment and web conferencing capabilities.

Phase two of the project includes plans to make the Ice House a center of the downtown community with restaurants, a brewery, yoga studio, retail space and loft apartments.

The project is a win-win for the university and the community. Small business owners and entrepreneurs gain better access to JMU’s resources, and JMU students benefit from working on live projects with real businesses.

JMU and its programs at the Ice House are another example of how the Commonwealth’s premier colleges and universities provide real-world experience to Virginia students and innovative ways to collaborate with the local community. To learn more, click here.

A view of the open office and collaborative space at the Ice House in downtown Harrisonburg, Va. Photo courtesy of James Madison University.

Mary Baldwin College Gives Tour of New College of Health Sciences Building

Tuesday, 23 September 2014 12:59 by Info@YesVirginia.org
Recently, a group of economic development professionals toured the new Murphy Deming College of Health Sciences building at Mary Baldwin College in Fishersvillle, Va...

Recently, a group of economic development professionals toured the new Murphy Deming College of Health Sciences building at Mary Baldwin College in Fishersvillle, Va.

Classes are well underway — the school officially opened this past June and welcomed its inaugural class of 70 occupational therapy and physical therapy students.

The state-of-the-art building is 55,000 square feet, with a central atrium that encompasses all three stories. The tech-rich environment incorporates multimedia with cameras that allow students to see a close-up demonstration during class, as well as view a recording of the session.

The nine clinical laboratories include a neurological lab room, simulation lab, multiple skills labs, a human anatomy and a virtual anatomy lab. The multimedia environment also includes four large classrooms and six seminar rooms. 

The building was designed as a place where students can congregate after class to continue learning. The open architecture allows for multiple collaboration spaces, and the building includes a café and break room with lockers. The myriad of windows lets in natural light, making it a place where students want to be.

The Murphy Deming College of Health Sciences is currently training doctoral students in both physical therapy and occupational therapy, with plans to add a master’s degree for physician assistants and a degree-completion program for nurses in 2015.

The school is located in the center of the Augusta County medical corridor. Adjacent to the Augusta Health hospital complex, it offers easy access to I-64 and is just seven miles from Mary Baldwin’s main campus.

The Murphy Deming College of Health Sciences is another example of how Virginia’s higher education institutions are using cutting edge technology to prepare a workforce ready to add value as soon as they enter the employment pipeline. To learn more about Virginia’s world-class education system, click here.

Mary Baldwin College welcomes its inaugural class of occupational and physical therapy students at the Murphy Deming College of Health Sciences new building in Fishersville, Va. Photo courtesy of Mary Baldwin College.

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.

VEDP Receives Six Communications Awards at the 2014 SEDC Annual Conference

Wednesday, 3 September 2014 10:06 by Info@YesVirginia.org
VEDP received six communications awards for its marketing collateral at the SEDC (Southern Economic Development Council) Communication Awards Ceremony...

VEDP received six communications awards for its marketing collateral at the SEDC (Southern Economic Development Council) Communication Awards Ceremony.

The ceremony was held this August in conjunction with the 2014 SEDC Annual Conference in Atlanta, where more than 350 economic development professionals gathered for three days to learn about current economic development trends and strategies.

The six awards presented to VEDP included:

  • Special Judges Award for Online Content and Mobile Access recognizing VEDP’s website
  • Award of SUPERIOR for VEDP’s website relaunch
  • Award of EXCELLENCE for VEDP’s pocket brochure Map Out Success for Your Business in Virginia
  • Award of MERIT for VEDP’s annual report Results 2013
  • Award of MERIT for the VEDP marketing video Business Legacies Begin in Virginia
  • Award of MERIT in Thinking Outside the Box for VEDP’s webinar Innovation in Virginia: Live from the National Innovation Summit

“VEDP hit the mark this year with their marketing campaigns,” said SEDC President Gene Stinson. “These campaigns not only show creativity, but also solid messaging and effectiveness at reaching their target audiences. We were wowed by all the entries we received this year, and were impressed with the high level of marketing work being done in economic development by SEDC members.

The judging panel consisted of economic development consultants, practitioners and design professionals from across the southern U.S. Criteria included graphic appeal, clarity of message, quality of information, positioning, differentiation and format.

VEDP markets the Commonwealth of Virginia to companies seeking new business locations, expansion and international trade opportunities. To see examples of VEDP’s award-winning marketing materials and learn why Virginia is the Best State for Business, click here.

VEDP Vice President of Business Attraction Mike Lehmkuhler accepts the Special Judges Award for Online Content and Mobile access on behalf of VEDP from SEDC Chairman Hal Johnson.

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.

Search


Blog Homepage

Return to blog homepage


About VEDP

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.

Archive

None

© Copyright 2018

VIRGINIA ECONOMIC DEVELOPMENT PARTNERSHIP

© 2014 All rights reserved.
YesVirginia Business Blog | All posts tagged 'Virginia Start-ups'

Lumi Juice — From Start-up to Store Shelves in Six Months

Monday, 25 November 2013 09:43 by Info@YesVirginia.org
Graduating MBA student Hillary Lewis could hardly imagine what the next few months would hold when two of her professors at UVA’s Darden School of Business approached her about creating a consumer products company. The timeline below illustrates how quickly a company can start up in Virginia’s supportive entrepreneurial environment...

Graduating MBA student Hillary Lewis could hardly imagine what the next few months would hold when two of her professors at UVA’s Darden School of Business approached her about creating a consumer products company. The timeline below illustrates how quickly a company can start up in Virginia’s supportive entrepreneurial environment.

April — Walking through a natural foods store, Hillary learned about High Pressure Processing, a unique technology that inactivates bacteria while at the same time preserving vital nutrients in food and beverages. Inspiration struck and Hillary came back to her professors with the idea for a healthy juice company. 

She chose the name Lumi, which is an acronym for LoveUMeanIt, a slogan Hillary shared with her undergrad sorority sisters. The company was incorporated on April 18 and the brand message is one of both loving the company’s juices, as well as loving yourself by consuming healthy products.

May — Hillary and her professors visited the High Pressure Processing Laboratory, part of Virginia Tech’s renowned Food Science and Technology program. The team learned that HPP is an innovative technology in food safety that kills microorganisms and extends shelf life through extreme water pressure. It avoids using chemicals and heat that can alter the taste and nutritional content of foods and beverages.

June — Hillary headed to Miami to visit Hiperbaric, the world’s leading manufacturer of HPP equipment for the food industry. She came away with additional knowledge and an agreement to lease one of the company’s machines for arrival in September.

July — The next step involved looking for a space to set up manufacturing. Hillary worked with economic developers in Albemarle County to find a suitable building. She found the perfect location at 1822 Broadway Street in Charlottesville, an industrial district that is within walking distance of the downtown mall area. The 12,000-square-foot facility is approximately 50 percent manufacturing, with the remainder allocated for office and warehouse space.

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

Fort Lee Hosts the 40th Annual Military Culinary Arts Competitive Training Event

Tuesday, 10 March 2015 17:28 by Info@YesVirginia.org
Once again, the annual military culinary competition comes to Fort Lee, Va. from March 7-12. During this week, members of all the U.S. armed forces and military personnel from other countries compete in individual and team events to show their culinary expertise...

Once again, the annual military culinary competition comes to Fort Lee, Va., from March 7-12. During this week, members of all the U.S. armed forces and military personnel from other countries compete in individual and team events to show their culinary expertise.

Fort Lee is a perfect fit for the competition — it’s home to the Joint Culinary Center of Excellence, which provides basic and advanced food service training for all branches of the U.S. Armed Forces, as well as some ally countries.

Members of VEDP and the Virginia Gateway Region attended the event yesterday, where the table displays were built by the U.S Army Reserve. The whimsical presentations, all made out of food, included themes based on the Wizard of Oz, notable landmarks in Paris, a lady from a masquerade ball, and a Spanish-influenced chocolate bull and matador.   

The Hot Kitchen Competition included the use of Mobile Kitchen Trailers to make a gourmet, three-course meal. The meal was all the more impressive considering the trailers are meant to be used out in the field in forward movement scenarios, and usually involve heating a pre-made meal for 50-100 soldiers.

There were numerous live cooking competitions, all judged by members of the American Culinary Federation. This allows awards to be easily translated into certificates and recognized outside of the military environment, which is important for members who later pursue a culinary career in the private sector.

One of the live cooking demos included renowned chef Robert Irvine, from the Food Network show “Restaurant: Impossible.”  Robert entertained with cooking tips and joked with the many military personnel in attendance. Robert is very familiar with the impact of providing a well-cooked meal in military environments. Not only is he a former soldier, but he visits military bases around to world to cook and entertain the troops.

The importance of the event was captured by Chief Foreign Officer 3, Charles Talley Jr., “It’s great to have the opportunity to see the crop of young chefs and see their culinary evolution from day one at Fort Lee. Food involves passion, innovation, creativity and sustainment. Our food service impacts the morale of military teams during peace and wartime.”

Fort Lee’s Joint Culinary Center of Excellence and its Military Culinary Arts Competitive Training Event illustrate Virginia’s position at the center of the food industry. Food processing is one of Virginia’s largest manufacturing areas. To learn why more than 580 companies have located in the Commonwealth, click here.

Virginia BioTechnology Research Park Expands Its Reach Across Virginia

Wednesday, 25 February 2015 14:28 by Info@YesVirginia.org
The Virginia BioTechnology Research Park is at full capacity, but is still expanding its reach in the Richmond community and across the Commonwealth...

The Virginia BioTechnology Research Park is at full capacity, but is still expanding its reach in the Richmond community and across the Commonwealth.

Since its founding in 1992, the Virginia BioTechnology Research Park has grown to include seven buildings on 34 acres in the heart of Richmond. This represents 1.3 million square feet of space next to the VCU Medical Center, a Top 100 life sciences research center.

The park is currently home to nearly 60 life science companies, employing more than 2,300 scientists, engineers and researchers in the Central Virginia region.

The company’s most recent physical expansion occurred last spring on its Biotech 8 building, occupied by HDL Inc., which started up in the Biotech Center. Future expansion opportunities are available on two sites in the park.

According to Executive Director Carrie Roth, “Building on the urban renewal component of the research park, to be successful we need to focus on the process not the place through infrastructure for entrepreneurial, innovation and commercialization success. We’re repositioning the park and removing our borders to define it as a part of the larger, integrated knowledge-based life sciences community.”

To that end, the park is inviting outsiders in and opening up its shared lab. The lab has equipment donated by Altria in addition to purchased equipment, including a biosafety cabinet, CO2 incubator, inverted microscope and centrifuges. This allows early stage companies access to the equipment by renting benches on a monthly basis or purchasing a daily pass to the lab. In addition, access to the shared lab equipment helps those seeking grants by being able to include this on their application.

The management team is also engaging with partners across the region. For example, the Dominion Resources Innovation Center in Ashland provides mentoring and business support services to technology-based start-ups. The team at the Virginia BioTechnology Research Park has re-engaged its partnership with the innovation center and plans are in motion to move it closer into the town of Ashland. The new facility will also have dedicated lab space.

The Virginia BioTechnology Research Park is a shining example of the burgeoning life sciences clusters across the Commonwealth. To learn why more than 800 biotech establishments have selected Virginia, click here.

Members of the Richmond Regional Planning District Commission along with Carrie Roth of the Research Park listen to L. Franklin Bost, executive associate dean at the VCU School of Engineering, discuss activities of the VCU TRIP Center located in Biotech One. Photo courtesy of Virginia BioTechnology Research Park.

Capstone Integrated Machining Technology Program Comes to Danville

Friday, 20 February 2015 16:07 by Info@YesVirginia.org
The Danville region has added to its precision machining expertise with the recently announced Capstone Integrated Machining Technology program at the Institute for Advanced Learning and Research...

The Danville region has added to its precision machining expertise with the recently announced Capstone Integrated Machining Technology program at the Institute for Advanced Learning and Research.

The program provides a third year of training for students that have completed Danville Community College’s popular two-year Precision Machining Technology program.

IALR has announced two grants in February to jumpstart the program — a $1.9 million grant from the Danville Regional Foundation and a $1 million endowment from the Gene Haas Foundation.

The funding will be used to upfit portions of the Hawkins Building at IALR and construct a workflow cell training lab, allowing students to replicate real world manufacturing conditions.

This additional training will enable students to earn nationally-recognized industry credentials, such as Level II and III certifications from the National Institute for Metalworking Skills.

The Capstone program will be ready for students by the fall semester. IALR and DCC estimate 15-20 students will participate in the first class, with the program expanding to 40 students at full capacity.

With the reshoring of manufacturing jobs to America and an aging baby boomer population, Southern Virginia is quickly becoming a go-to location to meet industry needs for a skilled workforce in this sector of advanced manufacturing.

According to DCC President Bruce Scism, “DCC ‘s Precision Machining Technology program is now the largest in the mid-Atlantic region, and it’s the only one that provides as wide a range of certification options.”

The Capstone program and partnership between IALR and DCC is another example of the teamwork among Virginia’s higher education system and public and private entities to develop the most advanced workforce training solutions. To learn more, click here.

Students in DCC’s Precision Machining Technology program receive training on Haas Mini Mill 5 axis machines.

Virginia Ranked a Top State for LEED Green Building Certifications in 2014

Friday, 6 February 2015 13:55 by Info@YesVirginia.org
Once again, Virginia made the U.S. Green Building Council’s annual list of Top 10 States for LEED (Leadership in Energy and Environmental Design) in 2014...

Once again, Virginia made the U.S. Green Building Council’s annual list of Top 10 States for LEED (Leadership in Energy and Environmental Design) in 2014.

The Commonwealth was ranked No. 4 and had 150 projects LEED-certified in 2014. This included a total of 18.6 million square feet of space, and 2.33 square feet per capita.

The report made special mention of the University of Mary Washington’s Technology Convergence Center in Fredericksburg, Va., which is LEED Silver-certified.

USGBC is made up of 12,870 member organizations and 197,000 professionals worldwide. It manages LEED, the most widely recognized green building certification program in the world. According to USGBC, LEED certifies 1.5 million square feet of space each day in 135 countries.

LEED-certified buildings are a win-win for the environment and economy. They provide healthier spaces to live, work and play, and lower energy costs in a sustainable way.

“LEED-certified building and the innovations they have driven contribute substantially to our national economic growth, create jobs and improve the quality of life in the communities where they are found,” said Rick Fedrizzi, CEO and founding chair of USGBC. “We commend the business and community leaders, policy makers and green building professionals in each of these states for making the commitment to create a healthier, more sustainable future.”

Virginia’s leadership as an innovator in this area illustrates the strong quality of life and cutting edge environment the Commonwealth offers to companies and their workforces. To learn why businesses have succeeded in Virginia for more than 400 years, click here.

Virginia Serious Game Institute Has a Banner First Year

Wednesday, 4 February 2015 13:55 by Info@YesVirginia.org
The Virginia Serious Game Institute had a stellar first year that included launching six businesses and creating 70 new jobs in Prince William County...

The Virginia Serious Game Institute had a stellar first year that included launching six businesses and creating 70 new jobs in Prince William County.

VSGI is a business incubator that supports Virginia entrepreneurs in the modeling and simulation industry. It is the applied research arm of the Computer Game Design Program at George Mason University and is affiliated with the international Serious Game Institute. It is the only facility of its type on the East Coast and one of only a few worldwide.

VSGI provides Virginia schools, businesses and universities with hands-on training, certification, R&D assistance, incubation services, rapid prototype development and access to leading edge commercialization outputs and technologies.

Located on GMU’s Prince William Campus, VSGI operates as a public-private partnership offering entrepreneurs expertise in technology and business assistance from GMU, the Mason Enterprise Center, Prince William County and VEDP.

This location, just 26 miles south of Washington D.C., provides access to one of the top high-tech workforces in the nation. More than 60 GMU students have interned at VSGI, its resident companies or assisted in teaching.

VSGI supports Virginia’s STEM initiative by exposing younger students to careers in technology by hosting summer camps and workshops, as well as facilitating partnerships with larger IT companies that allow students to obtain hands-on learning experience.

VSGI is currently incubating five companies, and has the ability to house 10 startups at one time. To learn more, visit http://game.gmu.edu/sgi/. Be on the lookout for a call for applications in the coming weeks from the Prince William County Department of Economic Development.

Virginia has the highest concentration of high-tech workers in the nation. To learn more about the Commonwealth’s leadership in the tech sector and why innovative companies continue to choose Virginia, click here.

GMU Computer Game Design Program students provide modeling, simulation and design work for incubator companies at VSGI. Photo courtesy of Prince William County Department of Economic Development.

VEDP Launches 2015 Digital Advertising Campaign

Friday, 23 January 2015 09:34 by Info@YesVirginia.org
Virginia has a great story and it’s imperative that it be told to the global business audience. In January, VEDP launched a new digital ad campaign, expected to deliver more than 73 million impressions through June 2015...

Virginia’s competitiveness and perception as a pro-business state remain strong. However, competition in the global economy and domestic markets continues to increase. Competing states are more aggressive in their outreach efforts, with several recently unveiling multi-million dollar advertising campaigns to promote and lure business.

Virginia has a great story and it’s imperative that it be told to the global business audience. In January, VEDP launched a new digital ad campaign, expected to deliver more than 73 million impressions through June 2015.

To maximize our limited resources, VEDP focused on digital media outlets and purchased an integrated schedule of online, mobile, tablet and pay-per-click search placements. The campaign targets VEDP’s geographic markets in the U.S, U.K., Germany and China.

The ads, promoting Virginia’s prime business location advantages, appear in Forbes, The Wall Street Journal, The New York Times, Entrepreneur and Reuters, as well as two advertising networks — Bizo and Rocketfuel.

Search engine marketing remains a key component of our strategy. VEDP implemented pay-per-click ads on Google, Bing and Baidu. This is our first venture with Baidu, the leading search engine in China.

“VEDP’s advertising strategy continues to prove effective at generating leads and building awareness of the strengths that make the Commonwealth such a great place to work and live,” said Vince Barnett, VEDP vice president of communications & promotions. “The digital program provides unique targeting capabilities to reach key corporate decision makers, while making the most efficient use of limited advertising dollars.”

An example of a 15 second video pre-roll used as part of the campaign is below, and landing pages for the U.S., U.K., Germany and China can be found by clicking on the highlighted links.

To learn more about the opportunities for success that are waiting for you in Virginia, visit www.YesVirginia.org.

A view of the video pre-roll touting Virginia’s pro-business resources.

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.

Charlottesville Entrepreneurs Launch Moonlighting Mobile Marketplace App

Monday, 8 December 2014 15:51 by Info@YesVirginia.org
A team of Charlottesville entrepreneurs recently launched Moonlighting, a mobile company with an app that helps job seekers and people needing work done to connect...

A team of Charlottesville entrepreneurs recently launched Moonlighting, a mobile company with an app that helps job seekers and people needing work done to connect.

The three co-founders began brainstorming in August 2013 to find a way to parlay their expertise in payment platform development and mobile technology. According to CEO Jeff Tennery, “We wanted to do something significant that would really resonate with people. The employment market made the most sense.”

According to the company, Moonlighting is the only marketplace that lets users engage as both a payer and earner in a mobile environment. With two simple categories —“make money now” and “get stuff done” — users can easily identify their needs and skills.

The app is similar in functionality to Facebook and Twitter. In addition, users can easily post Moonlighting requests to their social media accounts.

Like most entrepreneurs, the company founders kept their day jobs while moonlighting on nights and weekends to hammer out the business plan and technology. After raising an angel seed round of funding in April and testing an alpha version of the technology in August, the company officially launched its app on October 15.

In just over a month, Moonlighting has already reached thousands of users nationwide, with projections for dramatic growth.

“Charlottesville is a rich, diverse area with a solid investment community. There’s a strong constituency of experienced business people looking to finance start-up and angel companies and offer their expertise,” said Tennery.

Proximity to UVA also allowed the company to tap into a talented labor pool. “We worked with undergrads from the business school on the marketing, Darden grads helped us with the business plan, and law school students helped write our terms and conditions,” noted Tennery.  “The region is rich in both business and culture, so there’s a great labor force of UVA grads who want to remain in the area.”

Highlighting the growing peer-to-peer economy and its financial impact, Moonlighting has published its first comprehensive report on how the nation is “moonlighting” through multiple financial opportunities. The monthly M.O.O.N. Report (Mobile Optimized On-Demand Network) tells the story of the American moonlighter and reveals the economic trends taking place in the new 1099 society. To download the app and report, visit the company’s website http://moonlightingapp.com/.

The fast growth of a technology-driven company like Moonlighting is another example of how Virginia provides the right resources and environment for entrepreneurs to start and grow their businesses. To learn more, click here.

The Moonlighting team at the company’s October launch party.

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.

Search


Blog Homepage

Return to blog homepage


About VEDP

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.

Archive

© Copyright 2018

king For Economic Outlook" data-count="horizontal">Tweet
In its fifth edition of Rich States, Poor States the American Legislative Exchange Council rated Virginia in the top three for its 2012 Economic Outlook Ranking...

In its fifth edition of Rich States, Poor States the American Legislative Exchange Council rated Virginia in the top three for its 2012 Economic Outlook Ranking. This forward-looking ranking comprises 15 equally weighted state policy variables, including personal and corporate tax rates, as well as worker’s compensation costs, right-to-work status and even the quality of the state legislature.

As the highest ranked state in the region, Virginia definitively outshined its competition. With a corporate tax rate of six percent that remains unchanged since 1972, a right-to-work regulatory environment, and an unemployment tax burden that is 32 percent lower than the national average, it is easy to see why this is the second consecutive year the Commonwealth has made the top three in this study.

Virginia’s pro-growth economic policies offer companies long-term incentives to invest in the Commonwealth. For example, Virginia was able to successfully compete against nearby Maryland on a number of recent headquarters relocation announcements, including Northrop Grumman, ITT Exelis, Bechtel Corp. (divisional headquarters), Acentia and Alpha Natural Resources.

To learn why Virginia is consistently ranked America’s Top State for Business click here.

Tags:   , , , , , , , ,
Categories:  
Actions:   E-mail | Permalink | Comments (0) | Comment RSSRSS comment feed

31 Virginia Professors Make The Princeton Review’s Best 300 Professors List

Thursday, 5 April 2012 14:40 by Info@YesVirginia.org
Virginia professors represented more than 10% of The Princeton’s Reviews inaugural Best 300 Professors list. Teaming up with RateMyProfessors.com, the organizations reviewed data on more than 42,000 professors to create their first ranking of America’s top undergraduate professors...

Virginia professors represented more than 10% of The Princeton Review's inaugural Best 300 Professors list. Teaming up with RateMyProfessors.com, the organizations reviewed data on more than 42,000 professors to create their first ranking of America’s top undergraduate professors.

The Best 300 Professors list includes professors from five Virginia schools:  University of Mary Washington, James Madison University, Sweet Briar College, University of Richmond and the College of William & Mary. A broad range of departments was represented, including computer science, mathematics, economics, chemistry, biology, accounting, political science, english and psychology, among others.

The ranking was based on survey data from college students, using both quantitative and qualitative statistics to evaluate factors such as the student’s overall experience in the classroom, the professor’s teaching ability and the professor’s accessibility.

Virginia’s strong performance on The Best 300 Professors list is yet another validation of the Commonwealth’s excellent higher education system. Virginia’s colleges and universities have achieved national recognition on a number of the prestigious U.S. News and World Report college rankings.

Last year, Virginia’s colleges and universities awarded 133,603 degrees ranging from associate through doctorate levels. With more than 500,000 students currently enrolled in more than 100 in-state institutions, Virginia’s strong pipeline of skilled workers is ready to meet the needs of businesses expanding across the Commonwealth. 

To learn more about Virginia’s outstanding education system and workforce training programs, click here.

Tags:   , , , , ,
Categories:  
Actions:   E-mail | Permalink | Comments (0) | Comment RSSRSS comment feed

Richmond, Virginia Receives a Top 3 Ranking on Gallup’s Job Creation Index

Tuesday, 3 April 2012 13:26 by Info@YesVirginia.org
Richmond, Va., was recently ranked No. 3 on Gallup’s Job Creation Index. Comparing the 50 largest metro areas across the U.S., the index looks at net job creation — contrasting percentage of companies hiring against companies letting employees go...

Richmond, Va., was recently ranked No. 3 on Gallup’s Job Creation Index. Comparing the 50 largest metro areas across the U.S., the index looks at net job creation — contrasting percentage of companies hiring against companies letting employees go.

What makes this ranking unique is that it reflects the perception of the local workforce regarding job creation in their city. Gallup performed a survey over calendar year 2011, interviewing employees in each metro area about whether their employers were expanding or downsizing.

Thirty-six percent of Richmond’s workforce stated that their employer was expanding while only 14 percent said their company was decreasing its workforce, yielding a net job creation index score of 22.

Richmond’s No. 3 ranking illustrates the positive job creation momentum in Virginia, and the workforce survey correlates with actual results. Governor McDonnell recently announced that January’s seasonally adjusted unemployment in Virginia fell to 5.8 percent, a three-year low.

Coming shortly after Virginia was named the 2012 Best State to Make a Living by MoneyRates.com, Gallup’s Job Creation ranking illustrates the high quality of life and career opportunities employees find in Virginia, as well as why the Commonwealth is able to attract a world-class workforce. New and established companies alike continually praise the skill and productivity of Virginia’s workforce.

To learn more about Virginia’s stellar employee base and why the Commonwealth is continually ranked America’s Top State for Business, click here.

Tags:   , , , ,
Categories:  
Actions:   E-mail | Permalink | Comments (0) | Comment RSSRSS comment feed

4G Wireless Comes to Southwestern Virginia

Monday, 26 March 2012 17:06 by Info@YesVirginia.org
Businesses and residents in Southwestern Virginia will soon enjoy faster, more consistent wireless network access. Over the next three years, The Virginia Coalfield Coalition will partner with Verizon Wireless to install the network that will reach 95,000 households and 2,600 businesses in seven counties.

Businesses and residents in Southwestern Virginia will soon enjoy faster, more consistent wireless network access. Over the next three years, The Virginia Coalfield Coalition will partner with Verizon Wireless to install the network that will reach 95,000 households and 2,600 businesses in seven counties.

The Virginia Tobacco Commission committed $7.5 million in grants to implement the Fourth Generation Long Term Evolution (4G LTE) wireless network. The 4G LTE network is the most advanced technology currently available and is up to 10 times faster than 3G service, according to Verizon. The project will be completed in three phases, upgrading many existing towers and building at least 11 new towers in 2013-2014. Officials expect the first towers to be operational as soon as October 2012. 

This investment will improve cellular phone service and also bring high-speed internet access to new areas, making Southwestern Virginia an even more appealing location for all businesses, particularly the high-tech industry. Global leaders such as Northrop Grumman, CGI and AT&T have all chosen to locate operations in the region. Southwestern Virginia also offers tech businesses access to high-speed broadband networks, a skilled workforce with tech-tailored training programs and low operational costs.

These easily accessible resources mirror a statewide trend, making Virginia an even more attractive place to do business. With the highest concentration of high-tech workers according to Cyberstates 2011, the Commonwealth has the workforce to support its expanding tech industry.

To learn why leading technology companies have invested more than $9 billion over the last ten years to grow their operations in Virginia, click here.

Tags:   , , , , , ,
Categories:  
Actions:   E-mail | Permalink | Comments (0) | Comment RSSRSS comment feed

MWV Launches Center for Packaging Innovation Pilot Plant

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

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

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

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

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

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

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

Tags:   , , , , , , ,
Categories:  
Actions:   E-mail | Permalink | Comments (0) | Comment RSSRSS comment feed

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

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

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

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

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

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

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

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

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

Tags:   , , , , , , ,
Categories:  
Actions:   E-mail | Permalink | Comments (0) | Comment RSSRSS comment feed

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

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

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

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

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

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

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

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

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

Tags:   , , , , ,
Categories:  
Actions:   E-mail | Permalink | Comments (0) | Comment RSSRSS comment feed

Search


Blog Homepage

Return to blog homepage


Subscribe

Subscribe to RSS Feed

About VEDP

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.

Archive

© Copyright 2018

VIRGINIA ECONOMIC DEVELOPMENT PARTNERSHIP

© 2014 All rights reserved.
YesVirginia Business Blog | All posts tagged 'vsu'

VSU Small Farm Outreach Program Helps Sabra Grow First Crop of Chickpeas in Virginia

Wednesday, 30 July 2014 09:05 by Info@YesVirginia.org
It’s harvest time and good news for Sabra Dipping Co. Virginia State University’s College of Agriculture is about to gather one of Virginia’s first ever crop of chickpeas...

It’s harvest time and good news for Sabra Dipping Co. Virginia State University’s College of Agriculture is about to gather one of Virginia’s first crop of chickpeas.

Sabra has partnered with VSU to research the possibility of sourcing chickpeas, the main ingredient in its top-selling hummus, closer to the company’s 49-acre campus in Chesterfield County. Sabra is the No. 1 brand of hummus in the U.S. and has established both a manufacturing operation and R&D Center of Excellence on its campus at Ruffin Mill Industrial Park in Chesterfield County.

Sabra first announced plans to establish a facility in Virginia in November 2008. Part of the company’s decision to locate in Chesterfield County was the proximity to VSU’s College of Agriculture. “During the company’s decision-making process, we arranged several meetings with the College of Agriculture to explore opportunities to grow chickpeas in Virginia and enhance the profitability of the company,” said Renee Chapline, president and CEO at Virginia Gateway Region.

Over the last two years, Sabra and VSU have implemented Dr. Harbans Bhardwaj’s chickpea research through the university’s Small Farms Outreach Program. Cliff Somerville, a VSU Small Farm Outreach agent, has worked with a number of farms across Virginia to test the growth of different varieties of chickpeas.

According to Somerville, while last year’s crops were largely a washout due to weather conditions (excessive rain) and a problem with worms, VSU and Sabra discovered that one type of chickpea seed worked well in Virginia — the “Billy Bean” variety.

This year, VSU only planted the “Billy Bean” variety and Somerville supervised one of those test sites – three acres on a farm in Halifax County.

“The plants got up to around 30 inches and it’s a good population with about 32-34 pods per stalk,” said Somerville. “It’s a successful crop. We’ve done a test run with the combine to check moisture levels, and we’re getting ready to do a full harvest in the next week or so. This will be one of the first crops of chickpeas grown in Virginia.”

The success of Virginia’s first group of chickpea crops has the potential to be a win-win for both Sabra and Virginia farmers. It would allow Sabra to shorten its supply chain and reduce risk by sourcing one of its main ingredients closer to the company’s manufacturing facility. It also would provide diversification for Virginia farmers, particularly those in the tobacco region.

To learn about Virginia’s plentiful resources, and how the Commonwealth’s higher education institutions partner with businesses to innovate, click here.

VSU Small  Farm Outreach agents Cliff Somerville and Derrick Cladd, program director William Crutchfield and cooperating farmer Mr. James Brown (left to right) examine plants in Halifax County, part of Virginia’s first successful group of chickpea crops. Photo courtesy of Virginia State University.

VSU Part of Team Awarded $400 Million U.S. Army IT Contract

Tuesday, 15 January 2013 13:54 by Info@YesVirginia.org
Virginia State University (VSU) recently announced it was selected as part of a 16-member team awarded a $400 million IT contract with the U.S. Army...

Virginia State University (VSU) recently announced it was selected as part of a 16-member team awarded a $400 million IT contract with the U.S. Army.

The Information Technology Services-Small Business (ITS-SB) contract was awarded by the Army Contracting Command-National Capital Region (ACC-NCR) and the Army Computer Hardware, Enterprise Software and Solutions (CHESS) groups as part of a competitive bid process.

The selected partners will support the U.S. Army’s enterprise infrastructure needs by providing a full spectrum of innovative IT services and solutions.

Eight of the 16 selected partners are based in Virginia, including lead-company Tantus|OnPoint. The other Virginia companies/institutions are: Advanced Resource Technologies Inc., CACI, Lunarline Inc., Strohmeir Consulting LLC, Systems Integration & Management Inc., VSU, and Zenetex LLC.

According to VSU, the university will provide support in the areas of Information Assurance, Independent Verification & Validation, Internet Protocol Version 6, Migration and Integration Services, and Warranty and Maintenance.

VSU was selected as one of only two universities to participate in the partnership. The university has a strong legacy of supporting U.S. Department of Defense contracts.

VSU has received multiple accolades for its innovation in IT. VEDP blogged last year about VSU’s Reginald F. Lewis School of Business winning three awards for its “Digital at the Core” initiative, which delivers core curriculum through digital textbooks, MP3 audio chapters, MP3 study guides, and downloadable quizzes and flashcards.

Founded in 1882, VSU is an example of Virginia’s premier higher education system that partners with companies to prepare students with the technological training and skills they will utilize upon entering the workforce.

To learn more about Virginia’s highly skilled workforce and world-class education programs, click here

CCAM Member Company Sponsors Seminar for Virginia’s Engineering Students

Friday, 12 October 2012 09:32 by Info@YesVirginia.org
Chromalloy, one of seven Organizing Members of the Commonwealth Center for Advanced Manufacturing (CCAM), announced its sponsorship of an industrial casting seminar for Virginia State University students. Chromalloy is a leading supplier of repairs, replacements parts and maintenance for gas turbines used in the aviation industry...

Chromalloy, one of seven Organizing Members of the Commonwealth Center for Advanced Manufacturing (CCAM), announced its sponsorship of an industrial casting seminar for Virginia State University students. Chromalloy is a leading supplier of repairs, replacements parts and maintenance for gas turbines used in the aviation industry.

This program is one of the first educational initiatives launched through CCAM, an applied research center that partners top Virginia universities with leading Virginia manufacturers.

The three-day seminar is designed to educate engineering students on the latest techniques used in the casting manufacturing process. VSU students will learn a variety of processes, including wax injection and the assembly of molds, investment, pouring, and final part finishing, as well as proprietary processes developed by Chromalloy.

Located on Rolls-Royce’s Crosspointe Campus in Prince George County, Va., CCAM represents a public-private collaboration offering faster commercialization of technologies for Virginia companies and enhanced educational opportunities for Virginia’s students. Research partners include Virginia State University, University of Virginia and Virginia Tech, and manufacturing partners include Canon Virginia Inc., Newport News Shipbuilding, Rolls-Royce, Sandvik Coromant, Siemens, and Sulzer Metco.

CCAM is one example of Virginia’s commitment to innovation. Home to 11 Federally Funded R&D Centers and 19 Federal Laboratory Consortium (FLC) Laboratories, including DARPA and NASA Langley Research Center, click here to learn why companies continue to select the Commonwealth as a leader in technology.

Search


Blog Homepage

Return to blog homepage


About VEDP

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.

Archive

© Copyright 2018

VIRGINIA ECONOMIC DEVELOPMENT PARTNERSHIP

© 2014 All rights reserved.