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

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

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

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

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

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

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

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

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

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

Shamrock Farms Breaks Ground in Augusta County, Virginia

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Porter’s Group Comes to Lynchburg, Virginia

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

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

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

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

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

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

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

Shenandoah Valley Partnership Launches Education and Training Database

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

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

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

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

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

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

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

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

Commonwealth Graduate Engineering Program Celebrates 30 Years

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

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

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

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

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

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

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

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

Liebherr Mining Equipment Co. Expands in Hampton Roads, Virginia

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

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

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

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

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

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

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

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

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

New Logistics Research Center Established in Central Virginia

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

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

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

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

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

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

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

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

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

International Subsidiary Daikin McQuay Expands in Augusta County

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

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

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

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

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

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

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

Virginia Beach Develops Economic Gardening Initiative

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

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

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

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

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

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

The Virginia Beach Economic Gardening Initiative is an example of the innovative, pro-business environment that exists across the Commonwealth of Virginia. To learn more about the resources Virginia offers to help businesses succeed, click here.

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

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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.

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.

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.

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.

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

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