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

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

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

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

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

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

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

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

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

A view of Virginia's Shenandoah River

eBay Company GSI Commerce Expands in Henry County

Tuesday, 6 March 2012 16:52 by Info@YesVirginia.org

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

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

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

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

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

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

Evatran’s Plugless Power System Pioneers Electric Vehicle Wireless Recharging

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

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

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

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

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

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

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

Made In America — Insourcing On the Rise

Monday, 27 February 2012 17:11 by Info@YesVirginia.org

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

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

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

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

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

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

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

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

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

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

Virginia Small Business Financing Authority Launches Micro-Loan Program

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

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

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

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

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

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

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

Tuesday, 21 February 2012 09:40 by Info@YesVirginia.org

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

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

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

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

Virginia’s Wind Industry Moves Forward On and Offshore

Friday, 17 February 2012 10:01 by Info@YesVirginia.org

The federal Bureau of Ocean Energy Management (BOEM) recently initiated a Call for Information and Nominations to determine industry interest in commercial wind energy leases in federal waters off Virginia’s coast. This announcement is a significant milestone advancing Virginia’s offshore wind industry and moving the Commonwealth closer to claiming the title, “Energy Capital of the East Coast.”

Industry participants will have 45 days to respond to the Call, after which BOEM will determine whether the leasing process will be competitive or not. The Call Area was determined by the Virginia Renewable Energy Task Force in an effort to balance offshore wind development with protection of the environment and shipping interests. BOEM recently completed an environmental assessment of the area and determined that there would be “no significant impacts” in issuing these leases.

Virginia has already made significant strides in developing its offshore wind energy assets. The Commonwealth’s ideal combination of strong Class 6 winds and shallow waters that allow for the easy installation of turbines has attracted a number of players in the global supply chain.

Last October, Virginia’s Northampton County was selected as the site for Poseidon Atlantic, the first comprehensive testing and certification facility for both offshore and land-based wind turbines in the U.S. Poseidon Atlantic recently installed its first Light Detection and Ranging (LIDAR) monitoring position in Northampton County. The LIDAR system is about the size of an air conditioner and uses laser technology to measure wind speed, direction, frequency and strength. This project will be uniquely able to test and certify the entire wind turbine (as opposed to testing component parts).

In addition, Gamesa Technology Corp. and Newport News Shipbuilding, a unit of Huntington Ingalls Industries, have launched the Gamesa Offshore Wind Technology Center in Chesapeake, Va. The center has made significant strides in developing an offshore testing facility in the Chesapeake Bay, off the Eastern Shore. The test site has been identified and submarine testing of the ocean floor has begun. The test site is expected to be complete in late 2012 to early 2013.

To learn more about Virginia’s energy assets and why more than 380 energy companies have established operations in the Commonwealth, click here.

 

Virginia’s Noblis Center for Applied High Performance Computing is Open for Business

Tuesday, 14 February 2012 14:08 by Info@YesVirginia.org

Deputy Secretary of Commerce and Trade for Rural Economic Development Mary Rae Carter joined state and local officials to celebrate the opening of the Noblis Center for Applied High Performance Computing (CAHPC) in Danville, Va., last Friday. CAHPC is home to the Cray XMT2, the latest generation XMT and the only XMT supercomputer in the U.S. outside of a federal or academic setting.

Taking the power of High Performance Computing (HPC) out of the lab, CAHPC will allow companies convenient access to a supercomputer to solve advanced, real-world problems involving large amounts of data. This access to a supercomputer is unprecedented outside of federal or academic setting and removes the cost barrier to entry for smaller Virginia businesses.

Initially announced in June 2011, one of the goals of this project is to build on the success of Danville’s burgeoning River District by attracting additional high-tech companies. Located on the Dan River, the area’s historic buildings are being renovated and quickly becoming a hub for technology companies. Luna Nanoworks, Lifebatt, Infinity Global Packaging and Horizontech have already invested in the area.

While Northern Virginia is certainly an impressive IT hub, Danville’s location in Southside Virginia illustrates the expansiveness of Virginia’s high-tech capabilities throughout the Commonwealth. Virginia has the highest concentration of high-tech companies as well as the highest concentration of high-tech workers according to Enterprising States 2011: Recovery and Renewal for the 21st Century prepared by Praxis Strategy Group and Cyberstates 2011, respectively.

To learn more about Virginia’s world-class technology capabilities and why high-tech companies have invested more than $9 billion in Virginia over the last ten years, click here.

Pictured below is the Cray XMT2, the latest generation XMT supercomputer.

Virginia Delivers — Inaugural Flower Shipment from Ethiopia

Monday, 13 February 2012 10:33 by Info@YesVirginia.org
If you receive a bouquet this Valentine’s Day, it may contain flowers flown in from Ethiopia. Ethiopian Airlines delivered its first shipment, nearly two tons of Hypericum flowers, to Washington Dulles International Airport in January, and continues to deliver this amount on a weekly basis...

If you receive a bouquet this Valentine’s Day, it may contain flowers flown in from Ethiopia. Ethiopian Airlines delivered its first shipment, nearly two tons of Hypericum flowers, to Washington Dulles International Airport in January, and continues to deliver this amount on a weekly basis.

Arriving in perfect condition from Addis Ababa, this shipment of the Hypericum Coco variety was grown by Sun Kissed Flowers on the highlands of Ethiopia in East Africa. Ethiopia’s elevation, soil quality and weather conditions are perfect for slow-growing flowers, making some of the highest quality Hypericums in the world. A popular filler flower used to complement bouquets, the Hypericum’s signature berries resemble the coffee bean, one of Ethiopia’s better known exports.

While flowers may not be top of mind when Westerners think about Ethiopia, the country’s horticulture industry is on the rise. Also a global leader in producing a wide variety of roses and carnations, EthiopianFlowerExport.com reported the country exported 450 million cut flowers in the first quarter of fiscal 2011, with expectations to generate $530 million in revenues by 2014.

This milestone is part of the transformation taking place among commercial air carriers. Faced with rising operating costs, carriers are trying to squeeze every possible dollar to hold margins steady — hence the air cargo industry has taken off. (For additional information on the air cargo industry see our November blog.)

When it comes to delivering perishable cargo, such as flowers, Virginia’s logistics network is world-class. Dulles’ central East Coast location is within a day’s reach of more than 50 percent of the U.S. market. With a catchment area that covers 25 states and parts of Canada, as well as a dedicated access road to I-95, Dulles’ ability to save valuable time and spoilage costs has made it a sought-after import/export location.

More than 240 companies have set up distribution centers in the Commonwealth and companies shipping perishable goods, such as flowers, food and pharmaceuticals, are discovering the benefits of Virginia’s premier air cargo industry. To learn more Virginia’s world-class logistics capabilities click here.

Fortune 100 Company Honeywell Chooses Virginia - Again

Thursday, 9 February 2012 12:07 by Info@YesVirginia.org

While it’s always exciting when a new company opens its first operation in the Commonwealth, VEDP is just as enthusiastic when a long-standing Virginia company chooses to expand its operations here. That’s just what happened when Honeywell announced its plans to expand its Advanced Fibers and Composites (AF&C) operation in Chesterfield County through an investment of $27.5 million, which will create 50 new jobs.

Honeywell began operating in Virginia back in 1928 and this 80-plus year history has resulted in 17 facilities across the Commonwealth that employ 1,800 Virginians. Continued expansion and investment in Virginia confirms the company’s positive experience in the Commonwealth, allowing Virginia to beat out North Carolina and South Carolina for this project.

Honeywell’s AF&C business manufactures the lightest and strongest polyethylene fiber in the world. Its life-saving technology is used in applications to protect military and police officers where lightweight strength is critical. Bullet-resistant vests, breast plates, helmets, combat vehicles and military aircraft are just a few applications for AF&C’s world-class polyethylene fiber.

Virginia’s appeal to the plastics and advanced materials industry spans numerous subsectors including fiber and film manufacturing, blow molding, injection molding, pipe manufacturing, thermoforming and equipment manufacturing. With recent announcements from the likes of DuPont, Rubbermaid Commercial Products, Tessy Plastics, O’Sullivan Films and Phoenix Packaging, Virginia has made its mark as an ideal location for plastics and advanced materials companies. To learn more click here.

Advance Auto Parts Adds Financial Center to Virginia Headquarters

Wednesday, 8 February 2012 10:02 by Info@YesVirginia.org
Advance Auto Parts recently announced its plans to establish a Financial Services Commercial Customer Care Center at its corporate headquarters location in Roanoke, Va. Located at the Crossroads Corporate Business Center, this project will bring an $8 million investment and 75 new jobs to Roanoke over the next three years.

Advance Auto Parts recently announced its plans to establish a Financial Services Commercial Customer Care Center at its corporate headquarters location in Roanoke, Va. Located at the Crossroads Corporate Business Center, this project will bring an $8 million investment and 75 new jobs to Roanoke over the next three years.

Historically catering to the do-it-yourself market, Advance Auto Parts has expanded its customer base to include commercial customers. This project will allow the company to enhance its customer service to this market, bringing the management of the entire commercial credit experience under one roof.

Commencing operations in Roanoke 80 years ago, Advance Auto Parts has successfully grown its operations in the Commonwealth from a small, family-run business to a Fortune 500 Company. CEO Darren R. Jackson recently rang the bell at the NYSE to celebrate the company’s 10-year anniversary as a publicly-traded company.

The company’s commitment to Virginia and the Roanoke region is expressed by CEO Darren R. Jackson, “Over the last few years, we have invested over $10 million in our Store Support Center in Roanoke in our effort to expand and improve our facilities. This new team will be part of our over 1,600 Team Member base in Roanoke and is an integral part of our goal to grow Advance through service and reflects our longstanding commitment to the growth and development of the Roanoke Valley.”

Virginia is home to 70 corporate headquarters of companies exceeding $500 million in revenue. To learn why leading companies, like Advance Auto Parts, call Virginia home, click here.

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 2017

VIRGINIA ECONOMIC DEVELOPMENT PARTNERSHIP

© 2014 All rights reserved.
YesVirginia Business Blog | A place for news, opinions, and information regarding the Virginia Economic Development Partnership.

Virginia’s Biotech Industry Gains Another Asset: Virginia Biosciences Health Research Corp.

Friday, 8 February 2013 13:11 by Info@YesVirginia.org
This week, the Virginia Biosciences Health Research Corporation (VBHRC) announced its establishment to foster scientific research and provide a venue for public/private partnerships with Virginia’s leading universities...

This week, the Virginia Biosciences Health Research Corporation (VBHRC) announced its establishment to foster scientific research and provide a venue for public/private partnerships with Virginia’s leading universities.

The five founding universities include Eastern Virginia Medical School, George Mason University, University of Virginia, Virginia Commonwealth University and Virginia Tech. VBHRC will also include an 11-member Project Management and Oversight Panel as well as a 13-member Board of Directors.

VBHRC’s mission is to encourage industrial partnerships and increase corporate-sponsored research at Virginia’s universities to augment the Commonwealth’s growing biotech industry. VBHRC’s ultimate goal is to develop life sciences technology that can be used to start new companies and create jobs.

The research focus of VBHRC includes bioinformatics and medical informatics, point of care diagnostics, and drug discovery and delivery.

VBHRC joins a list of leading research institutes in the Commonwealth, including SRI International, the Howard Hughes Medical Institute, 11 Federally Funded R&D Centers, and 20 FLC Laboratories.

Virginia continues to gain recognition for its life sciences industry and was recently ranked the No. 2 Emerging Biotech Hub in Business Facilities’ 2012 State Ranking Report. With its central location in the mid-Atlantic life sciences corridor and strong technology and life sciences workforce, Virginia is home to nearly 800 biotech companies.

To learn why the private sector has invested almost $2 billion in Virginia’s life sciences industry over the last decade, click here.

Microsoft Announces $348 Million Expansion to Virginia Data Center Campus

Wednesday, 6 February 2013 10:36 by Info@YesVirginia.org
Last week, Microsoft announced plans to invest $348 million to expand its latest generation data center campus in Mecklenburg County, Va., creating 30 new jobs...

Last week, Microsoft announced plans to invest $348 million to expand its latest generation data center campus in Mecklenburg County, Va., creating 30 new jobs.

Fueled by strong customer demand for its cloud services, this investment will allow Microsoft to construct two additional buildings on its existing Mecklenburg County campus. In 2010, Microsoft announced a $499 million investment to establish this facility, followed by a $150 million expansion in 2011, bringing Microsoft’s total investment in this location to almost $1 billion.

With its modular technology and advanced cooling mechanics, the Mecklenburg County location is one of Microsoft’s most advanced data centers. In addition, Microsoft is purchasing renewable energy credits to offset all carbon emissions at the site.

Southern Virginia’s ability to provide a world-class data center location is due in part to infrastructure developed by the Mid-Atlantic Broadband Cooperative (MBC). Established several years ago to support underserved areas, today MBC owns and operates more than 1,500 miles of fiber optic network in Southern Virginia as well as a long-haul fiber network.

Virginia continues to be a prime location for data centers—data processing was the dominant sector for investment in the Commonwealth in 2011, at more than $960 million. Offering companies both the advanced broadband infrastructure and highly-skilled technical workforce, Virginia is poised to continue its growth in this sector.

In addition, the Commonwealth’s favorable electricity rates and Retail Sales and Use Tax Exemption on computer equipment used in data centers provide a strong competitive advantage to companies.

To learn why more than 700 data processing and hosting establishments have selected a Virginia location, click here.

Virginia Recognized as Top State for Green LEED Certifications in 2012

Monday, 28 January 2013 15:06 by Info@YesVirginia.org
Last week, the U.S. Green Building Council (USGBC) ranked Virginia as the top state for Leadership in Energy and Environmental Design (LEED) certifications in its annual ranking...

Last week, the U.S. Green Building Council (USGBC) ranked Virginia as the top state for Leadership in Energy and Environmental Design (LEED) certifications in its annual ranking.

In 2012, Virginia certified 170 projects, which encompassed 29.7 million square feet of LEED-certified space. With 3.71 square feet of certified space per capita, the Commonwealth moved up two places from last year.

Cooper Vineyards of Louisa County was recognized as the first winery on the East Coast to achieve LEED Platinum status.

USGBC is an international organization made up of 77 chapters, 13,000 member organizations, and 181,000 LEED professionals with a mission to build a more sustainable future.

USGBC manages LEED, one of the most renowned green building programs in the world. LEED provides certification programs for the efficient and environmentally-friendly design, construction and operation of a variety of buildings. According to USGBC, LEED certifies 1.6 million square feet of building space each day.

LEED-certified spaces not only offer a healthier environment, the efficiency gains yield a direct impact to a company’s bottom line. Virginia’s leadership in this area illustrates the Commonwealth’s innovative approach to providing a competitive environment in which companies can do business.

To learn more about Virginia’s unique combination of resources and why businesses have succeeded in the Commonwealth for more than 400 years, click here.

JMU Helps Build Virginia’s Cyber Security Workforce

Thursday, 24 January 2013 09:40 by Info@YesVirginia.org
Virginia’s cyber security capabilities span the Commonwealth, and one such hub is located around James Madison University (JMU) in the Shenandoah Valley Region...

Virginia’s cyber security capabilities span the Commonwealth, and one such hub is located around James Madison University (JMU) in the Shenandoah Valley Region.

With an information security program that began in 1999, JMU’s Computer Information Systems (CIS) program was ranked 9th among all Information Systems programs by Bloomberg Businessweek in 2012.

JMU prepares students for cyber security careers with an impressive offering of undergraduate and graduate programs that allow students to earn National Security Agency and Department of Homeland Security certificates along the way. Employers are taking notice—JMU graduates are being snapped up by marquee IT and consulting firms, including IBM, CGI, Accenture, Deloitte, KPMG, PWC, as well as a number of government agencies.

One of the more unique aspects of the CIS programs at JMU is the level of engagement among students and the community. 

On campus, JMU students participate in student clubs that compete nationally, such as the Computer Forensics Group and the Cyber Defense Club. In addition, the JMU Association of Information Technology Professionals (AITP) Student Chapter is the largest AITP student chapter in the U.S. AITP is the leading worldwide society of professionals in the IT industry.

JMU also engages the community through Cyber Defense Boot Camp, a summer program for high school technology teachers, and CyberCity, a program introducing disadvantaged high school students to careers in the CIS field.

Home to the Institute for Infrastructure and Information Assurance, JMU has partnered with George Mason University, the University of Virginia, and other public and private sector institutions on more than 60 research projects in the information security field.

With Virginia universities at the forefront of cyber security research and education, the Commonwealth’s workforce is well-positioned to maintain its top ranking with the highest concentration of high-tech workers, according to Cyberstates 2011.

To learn more about Virginia’s world-class IT and cyber security capabilities across the Commonwealth, click here.

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

Prince William County Science Accelerator Augments Virginia’s Booming Biotech Industry

Wednesday, 9 January 2013 10:46 by Info@YesVirginia.org
The Prince William County Science Accelerator recently opened its doors, offering an innovative location for early stage life sciences companies in the Northern Virginia region...

The Prince William County Science Accelerator recently opened its doors, offering an innovative location for early stage life sciences companies in the Northern Virginia region.

The 9,000-square-foot facility offers companies wet lab space for lease that can be built-out to meet specific client needs. Building on the existing industry cluster in the region, the Science Accelerator is expected to serve as a catalyst, accelerating the growth of smaller life sciences companies.

The Science Accelerator is located at Innovation Technology Park, a world-class research and technology park in Prince William County. Anchored by one of George Mason University’s campuses, the 1600-acre corporate park is 20 miles from Washington Dulles International Airport and 30 minutes from the Capitol Beltway. The high-tech hub is home to numerous corporate and institutional clients, including the Virginia Department of Forensic Science, the FBI Northern Virginia Resident Agency, Mediatech, ATCC, and the GMU/NIH Biosafety Research Lab.

Another example of the many successful public-private partnerships in Virginia, the Science Accelerator was developed by the Prince William County Department of Economic Development, Rinker Design Associates P.C., and NAL Research.

Virginia has recently gained recognition for its life sciences industry as the No. 2 Emerging Biotech Hub in Business Facilities’ 2012 State Rankings Report. The Commonwealth offers companies a central location in the mid-Atlantic life sciences corridor combined with access to leading research institutes, including SRI International, the Howard Hughes Medical Institute, 11 Federally Funded R&D Centers, and 20 FLC laboratories.

To learn why nearly 800 life science companies have chosen a Virginia location, click here.

A view of the Prince William Science Accelerator at Innovation Technology Park. Courtesy of Prince William County.

William & Mary Unveils the Commonwealth Center for Energy and the Environment

Tuesday, 8 January 2013 10:37 by Info@YesVirginia.org
This December, The College of William & Mary opened its new Commonwealth Center for Energy and the Environment to foster an interdisciplinary approach for teaching and researching environmental issues.

This December, The College of William & Mary opened its new Commonwealth Center for Energy and the Environment to foster an interdisciplinary approach for teaching and researching environmental issues.

Open to all William & Mary faculty, the center will function as both a think tank and research incubator that integrates disciplines including the natural sciences, law and policy, social sciences and the humanities.

In 2013, the center will support up to three short-term Environmental Enquiry Groups to define and explore direction for future research and teaching opportunities. Once topics are approved, the center will support the development of Long Term Environmental Quest groups for more advanced study.

William & Mary is already home to the School of Marine Science/Virginia Institute of Marine Science (SMS/VIMS), a leading institution specializing in coastal and estuary marine science and among the largest marine research and education centers in the United States.

With greater interdisciplinary focus, the Commonwealth Center for Energy and the Environment may be able to expand research and address the complicated relationship between energy generation and its impact on the environment.

The center will support Virginia’s “all-of-the-above” strategy to become “the Energy Capital of the East Coast” while expanding the Commonwealth’s energy partnerships and advanced research development. By leading the charge to develop offshore energy, expand renewables and advocate on behalf of traditional fuels including coal, natural gas, oil and nuclear energy, Virginia aims to secure reliable energy for businesses and citizens in the future.

To learn why more than 385 energy companies have established operations in the Commonwealth, click here.

Kraft Foods Invests $25 Million to Expand Virginia Plant

Thursday, 20 December 2012 17:24 by Info@YesVirginia.org
Today, Kraft Foods Group announced plans to invest $25 million to increase production capacity at its plant in Frederick County, Va., creating 25 new jobs...

Today, Kraft Foods Group announced plans to invest $25 million to increase production capacity at its plant in Frederick County, Va., creating 25 new jobs. 

Located on 30 acres in Frederick County, the Kraft Foods plant has been producing Capri Sun juice drinks since 1991, employing 460 Virginians. The company has made multiple investments in this facility over the years, including a 2010 announcement that it would invest $40 million and create 100 jobs.

Utilizing its existing 335,000-square-foot facility, Kraft Foods plans to add a production line to increase capacity, as well as bring its packaging to the same facility by adding technology to manufacture its mylar bags onsite.

Food and beverage companies like Kraft Foods continue to select the Commonwealth for its competitive operating environment. Virginia offers competitively priced and reliable electricity, a productive and highly-skilled workforce, a corporate tax rate of 6 percent that remains unchanged since 1972, an unemployment tax burden 32 percent lower than the national average, and construction costs 16 percent lower than the national average.

Virginia’s food and beverage cluster is on the rise, with more than 550 companies calling Virginia home. Not only does the Commonwealth provide a premier transportation network with access to 55 percent of the U.S. population in a 750-mile radius; its top-ranked universities and community college system offer training programs specifically designed to meet the needs of the food and beverage industry.

To learn why Virginia has the recipe for success, receiving more than $1.9 billion in investment for food and beverage projects over the last decade, click here.

Virginia CEO Wins Ernst & Young Entrepreneur of the Year Award

Wednesday, 19 December 2012 09:30 by Info@YesVirginia.org
Health Diagnostic Laboratory (HDL) CEO and co-founder Tonya Mallory recently won the prestigious Ernst & Young (E&Y) Entrepreneur of the Year® Award in the Emerging Company category...

Health Diagnostic Laboratory (HDL) CEO and co-founder Tonya Mallory recently won the prestigious Ernst & Young (E&Y) Entrepreneur of the Year® Award in the Emerging Company category.

Headquartered in Richmond, Va., HDL provides comprehensive testing for cardiovascular and other chronic diseases with a vision towards a more preventative approach to healthcare.

Since its founding in 2009, HDL has rapidly grown to more than 500 employees and has announced two expansions, expected to exceed $70 million, for its facility at the Virginia BioTechnology Research Park.

For 26 years Ernst & Young has recognized business leaders for their innovation and success through its Entrepreneur of the Year® awards. Winners were selected in 10 categories from a worldwide field of 2,000 companies and awarded at the E&Y Strategic Growth Forum gala in Palm Springs, Calif.

Mallory’s novel approach to laboratory testing epitomizes just the innovation Governor McDonnell had in mind when he declared 2012 “The Year of the Entrepreneur.” “Virginia is an incubator for good ideas and we have the right tax, regulatory and business climate for entrepreneurs to turn those ideas into job-creating businesses,” said McDonnell.

Virginia offered Mallory and the team at HDL the right infrastructure at the right time, including a prime location and workforce at the Virginia BioTechnology Research Park.

Adjacent to Virginia Commonwealth University, a Top 100 life sciences research center in downtown Richmond, the Virginia BioTechnology Research Park is located on 34 acres that include nine buildings and more than 1.1 million square feet of office and research space. The park employs more than 2,200 scientists, engineers and researchers through its 60 life science companies, research institutes, and state and federal labs.

The Commonwealth’s biotech industry is on the rise, gaining recognition as a No. 2 Emerging Biotech Hub in Business Facilities’ 2012 State Rankings Report. Virginia offers companies a central location in the Mid-Atlantic life sciences corridor and access to top research institutes, including SRI International, the Howard Hughes Medical Institute, 11 Federally Funded R&D Centers, and 20 FLC laboratories.

To learn why 800 life science companies have chosen to locate operations in Virginia, click here.

Virginia’s Wind Industry Gains Speed with Two Federal Announcements

Monday, 17 December 2012 16:12 by Info@YesVirginia.org
In the last few weeks, Virginia’s wind industry has won validation with two positive announcements from the Bureau of Ocean Energy Management (BOEM) and Department of Energy (DOE)...

In the last few weeks, Virginia’s wind industry has won validation with two positive announcements from the Bureau of Ocean Energy Management (BOEM) and Department of Energy (DOE).

On November 30, the BOEM announced federals waters off the Virginia coastline qualified as one of only two wind energy areas (WEAs) for the upcoming competitive lease sale process. This is the first-ever wind energy lease sale on the Outer Continental Shelf.

The Commonwealth’s WEA encompasses 112,800 acres located about 23.5 nautical miles off Virginia’s coastline. According to the BOEM, this area would have the capacity to produce more than 2,000 MW of wind generation, enough electricity to power 700,000 homes.

On December 12, the DOE announced that a Virginia team led by Dominion Virginia Power was one of seven projects awarded an initial grant of up to $4 million for the engineering, design and installation of an offshore wind turbine demonstration facility.  

Dominion will install two Alstom 6-megawatt turbines off the Virginia coastline using an innovative “twisted jacket” foundation that requires less steel. In addition to Alstom Power Inc., the Dominion team includes KBR; the Virginia Department of Mines, Minerals and Energy (DMME); the National Renewable Energy Laboratory; the Virginia Tech Advanced Research Institute; and Newport News Shipbuilding.

Virginia-based Fugro Atlantic has also been selected by the DMME to conduct a geological survey to study the seafloor of Virginia’s WEA in the Outer Continental Shelf.

Recognition from both the BOEM and DOE highlights the Commonwealth’s strengths in the offshore wind industry. Virginia is well-positioned as a leader in this renewable energy field, offering the ideal combination of strong Class 6 winds, shallow waters off the coast, an experienced maritime workforce, a robust transportation network, and access to a fully operational high voltage transmission grid close to shore.

Often called the “Energy Capital of the East Coast,” Virginia is home to more than 380 energy companies and has seen more than $4.6 billion invested in energy projects over the last decade. To learn more about Virginia’s burgeoning energy industry, click here.

A rendering of the Dominion offshore wind turbine demonstration facility, consisting of two Alstom 6-megawatt turbines. Courtesy of Dominion Virginia Power.

VEDP Launches Updated Interactive Tool “Compare Virginia”

Friday, 14 December 2012 15:17 by Info@YesVirginia.org
Today, VEDP is proud to launch an update to its popular Compare Virginia web-based tool. Compare Virginia allows users to easily conduct side-by-side comparisons between Virginia and the other 49 states, as well as the District of Columbia, on a number of key economic metrics...

Today, VEDP is proud to launch an update to its popular Compare Virginia web-based tool. Compare Virginia allows users to easily conduct side-by-side comparisons between Virginia and the other 49 states, as well as the District of Columbia, on a number of key economic metrics.

This updated version includes an additional Compare MSA feature, which allows the user to contrast Virginia’s MSAs with more than 360 MSAs across the country. The database has been enhanced to include a broader range of demographic and economic statistics, such as population, labor force, employment growth, unemployment rates, GDP and union membership.

The user experience has been vastly improved. Information loads more quickly and allows one to change comparison criteria on the fly, without having to reload. The user can also toggle between the Compare States and Compare MSAs features without losing data.

Another additional feature includes the data dictionary, which provides users with documentation of the sources behind the statistics, as well as a detailed explanation of the data.

Finally, the download report feature allows users to easily export data to either an excel spreadsheet or a preformatted pdf for future use.

To access the updated Compare Virginia site and learn why Virginia is the best state for businesses, visit http://virginiascan.yesvirginia.org/compare/compareva.aspx.

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 2017

VIRGINIA ECONOMIC DEVELOPMENT PARTNERSHIP

© 2014 All rights reserved.