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    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 Receives an A+ for Small Business Friendliness

    Tuesday, 17 June 2014 09:35 by Info@YesVirginia.org
    Virginia received an A+ on Thumbtack.com’s annual Small Business Friendliness Survey. The Commonwealth improved its rank to the fourth overall friendliest state in the U.S. and the top state on the East Coast...

    Virginia received an A+ on Thumbtack.com’s annual Small Business Friendliness Survey. The Commonwealth improved its rank to the fourth overall friendliest state in the U.S. and the top state on the East Coast.

    Virginia outshone its surrounding competition for the third year in a row. Maryland received a C- and North Carolina earned a C+. Virginia has never received less than an A since the inception of this ranking.

    Thumbtack.com partnered with the Kauffman Foundation to survey more than 12,600 entrepreneurs across the country. This ranking is unique because its results come straight from the comments of small business owners.

    “After a two-month survey of thousands of small business owners nationwide, business owners have reaffirmed that Virginia is a premier destination for starting and running a business,” said Jon Lieber, Chief Economist of Thumbtack.com. “Creating a business climate that is welcoming to small, dynamic businesses is more important than ever, and Virginia's A+ grade by its small businesses shows what a welcoming and friendly place the Commonwealth is for entrepreneurs.”

    Highlights for Virginia include a No. 3 ranking for ease of licensing regulations, a No. 4 ranking for ease of overall regulations, and a No. 5 ranking for training and networking programs. According to Thumbtack.com, the strongest correlating factor for the perception of small business friendliness is the ease of licensing forms, requirements and fees.

    In addition, the study examined 82 metropolitan regions. Richmond was ranked No. 10 overall and Virginia Beach was ranked No. 20 overall. Richmond and Virginia Beach were ranked No. 3 and No. 4, respectively, for ease of licensing regulations.

    Entrepreneurs and start-ups are becoming increasingly important for economic growth and organic job creation. According to Thumbtack.com, “Virginia’s small businesses were the third most optimistic in the nation when it came to plans to hire more employees in the next twelve months.”

    To learn why Virginia is a great place to start and grow a business, click here.

    Center for Advanced Film Manufacturing Established in Window Film Capital of the World

    Monday, 9 June 2014 14:50 by Info@YesVirginia.org
    The founding of the Center for Advanced Film Manufacturing was recently announced in Martinsville-Henry County during a ribbon-cutting ceremony at Patrick Henry Community College...

    The founding of the Center for Advanced Film Manufacturing was recently announced in Martinsville-Henry County during a ribbon-cutting ceremony at Patrick Henry Community College.

    Through a public-private partnership, the center will offer a 28-credit Advanced Film Certification Program. Students will take classes at Patrick Henry Community College and New College Institute, while receiving access to hands-on training with machinery and equipment at nearby Eastman Chemical and Commonwealth Laminating & Coating. In March, Eastman Chemical announced plans to acquire Commonwealth Laminating & Coating.

    Advanced film experts at Eastman Chemical and Commonwealth Laminating & Coating are advising on curriculum and will participate as part-time instructors. The companies will also offer internships and all graduates of the program are guaranteed an interview at Eastman Chemical.

    The Martinsville-Henry County region has become “the window film capital of the world,” producing more than 30 percent of the global supply of coated and dyed film.

    Performance or advanced films are terms used to describe any film applied to another material, such as a glass window. Films come in the form of tints, laminates, coating and composites, providing benefits such as tints on car windows to reduce glare, tints on office building windows for privacy, additional strength to industrial windows for security, and the addition of photovoltaic materials to solar panels to capture the sun’s energy.

    Students can apply to the Advanced Film Certification Program on the PHCC website, and the first class will commence in fall 2014.

    Virginia is home to more than 200 plastics companies, and the Center for Advanced Film Manufacturing will help ensure the Commonwealth has a well-trained workforce pipeline to maintain its leadership in this industry sector. To learn more, click here.

    Two employees at Eastman Chemical stand proudly in Martinsville-Henry County, “the window film capital of the world." Photo courtesy of Martinsville-Henry County Economic Development Corp.

    RockTenn’s West Point Mill Celebrates 100 Years in Virginia

    Monday, 2 June 2014 15:08 by Info@YesVirginia.org
    RockTenn recently celebrated 100 years of success at its West Point mill in King William County, Va. The mill produces white top linerboard and recycled medium used in corrugated boxes and other types of packaging...

    RockTenn recently celebrated 100 years of success at its West Point mill in King William County, Va. The mill produces white top linerboard and recycled medium used in corrugated boxes and other types of packaging. 

    The West Point mill began operations on May 16, 1914, a little over a year after the company was first established as the Chesapeake Pulp & Paper Company. The mill began with 140 employees and a capacity of 20 tons of paper products per day.

    Chesapeake Pulp & Paper Company would later become Chesapeake Corp. and the mill would change ownership a number of times before being acquired by RockTenn in 2011. RockTenn is publicly traded (NYSE: RKT) and one of the leading packaging solutions providers in North America.

    In 1930, the West Point Mill acquired the first Fourdrinier machine in the South, allowing it to manufacture continuous sheets of paper.  The machine initially created a sheet 218 inches wide, running at a top speed of 1,000 feet per minute. The machine has been updated and is still running today at 2,000 feet per minute.

    The mill added paper machine No. 2 in 1964 and machine No. 3 in 1985. Today, the mill employs more than 500 Virginians and produces about 900,000 tons of paper products each year.

    In October 2012, RockTenn celebrated completion of an 11-mile pipeline to supply natural gas to the West Point mill, in partnership with Virginia Natural Gas, Dominion Virginia Power, New Kent County, King William County, and the Town of West Point. The company also invested in the mill to make it more efficient, reduce emissions and lessen its carbon footprint.

    According to RockTenn General Manager Chris Broome, “We are very excited about the investments RockTenn is making in our West Point mill to continue providing our customers with high-quality products and to better support their needs. We are committed to being a good business partner within the community and value the relationships we have developed throughout the years.”

    The West Point mill’s 100 years of success is a notable achievement and represents the longevity and prosperity companies experience in Virginia’s pro-business environment. To learn why companies keep growing in the Best State for Business, click here.

    A view of RockTenn’s West Point mill on the York River in West Point, Va. Photo courtesy of RockTenn.

    U.S. Foreign Affairs Security Training Center Comes to Virginia’s Fort Pickett

    Wednesday, 21 May 2014 14:29 by Info@YesVirginia.org
    The U.S. Department of State recently announced plans to establish its Foreign Affairs Security Training Center, known as FASTC, on 1,500 acres at Fort Pickett in Virginia’s Nottoway County...

    The U.S. Department of State recently announced plans to establish its Foreign Affairs Security Training Center, known as FASTC, on 1,500 acres at Fort Pickett in Virginia’s Nottoway County.

    U.S. diplomats are currently trained at multiple sites across the nation. In May 2008, Congress identified the need to consolidate training at one facility to improve efficiencies and cost savings. 

    After a multi-year search, Fort Pickett was selected as the best site over 70 other properties because it met DOS’ operational requirements and offered close proximity to D.C. agencies and the intelligence community.

    FASTC will train approximately 8,000 – 10,000 U.S. ambassadors and diplomats sent to foreign countries, sometimes in dangerous locations. The center will initially focus on hard skills training, which includes detecting surveillance, providing emergency medical care, identifying explosive devices, firearms training, and performing defensive driving maneuvers. The 2012 attacks in Benghazi highlight the importance of this training for the U.S. foreign affairs community.

    Fort Pickett is the perfect location because the 46,000-acre campus offers plenty of land and a secure environment to build driving tracks, mock urban environments, and firing and explosive ranges. Fort Pickett was established in 1942 and currently serves as the Maneuver Training Center for the Virginia National Guard. While the land is predominantly in Nottoway County, it covers parts of Brunswick and Dinwiddie Counties.

    This project is expected to be transformative for the Nottoway County region. The DOS is currently estimating a hard-skills facility will bring $461 million in investment to the area, not to mention additional jobs both onsite and in the community through the multiplier effect.

    U.S. Senator Tim Kaine and a group of federal, state and local officials recently visited Fort Pickett to tour the future site of FASTC. The Administration continues to work through budgetary issues and must complete an updated master plan and environmental impact study before construction can begin.

    Virginia’s selection as the site for the FASTC project illustrates how the Commonwealth provides the right location, infrastructure and workforce for both public and private entities. To learn more click here.

    U.S. Senator Tim Kaine and a group of federal, state and local officials tour the future site of FASTC at Fort Pickett in Nottoway County, Va. Photo courtesy of Virginia National Guard Public Affairs/Cotton Puryear.

    The Virginia Tech Carilion School of Medicine Holds Its First Commencement Ceremony

    Friday, 9 May 2014 12:07 by Info@YesVirginia.org

    The Virginia Tech Carilion School of Medicine will hold its first-ever commencement ceremony on Saturday, May 10 at 8:30 a.m. at the Jefferson Center in Roanoke.

    The ceremony will be held for the school’s first 40 graduates, who are all continuing on to a residency. U.S. Senator Tim Kaine, who as a former governor of Virginia signed legislation to support the creation of the new school, will be the keynote speaker.

    The Virginia Tech Carilion School of Medicine and Research Institute serves as a model of collaboration between public and private partners. The institute combines Virginia Tech’s sciences, bioinformatics, and engineering with Carilion Clinic’s highly experienced medical staff. The Virginia Tech Carilion Research Institute collaborates with 75 institutions around the world, and has 168 research employees.

    In addition, the institute’s unique, patient-centered learning model and small class size allows students to learn through real-life situations with ample student participation. Only 15 percent of medical schools in the U.S. have a patient-centered learning curriculum.

    Virginia has a number of nationally recognized medical training and research institutes around the state, including the VCU School of Medicine and the UVA Department of Biomedical Engineering and School of Medicine, and now adds another major medical school in the western part of the state.

    Virginia’s nationally acclaimed universities and community colleges, ensure businesses have a knowledgeable and highly trained workforce. The Virginia Tech Carilion School of Medicine and Research Institute is a great example of how Virginia is preparing for jobs of the 21st century. To learn more about Virginia’s more than 100 in-state institutions of higher education, click here.

    A view of the Virginia Tech Carilion School of Medicine and Research Institute—located in Roanoke, Virginia.

    Commonwealth Crossing Business Centre Breaks Ground in Martinsville-Henry County

    Monday, 21 April 2014 15:02 by Info@YesVirginia.org

    Last Thursday, a kickoff event was held marking the beginning of development at Commonwealth Crossing Business Centre.

    The event at the 740-acre site attracted members of the U.S. Congress, state leaders, local officials, and citizens and neighbors from both Virginia and North Carolina. The CCBC project began in 2007 when Henry County purchased the land. Earlier this month, the grading permit was awarded by the Army Corps of Engineers.

    Chairman of the Henry County Board of Supervisors H.G. Vaughn, U.S. Senator Tim Kaine, U.S. Congressman Robert Hurt, U.S. Congressman Morgan Griffith, and Virginia House of Delegates member Danny Marshall delivered remarks. U.S Senator Mark Warner could not attend the event but had his remarks delivered by a member of his staff.

    Henry County officials said their plan is to create about 140 to 170 acres of useable pad space for potential companies. Grading work on the site is expected to begin within two to three weeks and it could take up to 18-24 months to complete that work. The Martinsville-Henry County Economic Development Corporation will be the lead agency in marketing the property.

    CCBC is a prime location for advanced manufacturing companies, including automotive and aerospace. The business park is located in an Enterprise Zone, which allows companies to apply for special zone grants and incentives. CCBC is located 33 miles from the Piedmont Triad International Airport and is adjacent to the Norfolk Southern Railway Mainline.

    Funding partners for CCBC include Henry County, the City of Martinsville, the Martinsville-Henry County Economic Development Corporation, the Tobacco Commission, The Virginia Economic Development Partnership, the Small Business Administration and the Mid-Atlantic Broadband.

    CCBC is another example of the pipeline of premier business parks that keeps manufacturing companies coming to the Commonwealth. To learn why manufacturers have invested more than $13.7 billion in Virginia over the last decade, click here.

    Federal, state and local officials celebrate the groundbreaking of CCBC, a 740-acre business park in Martinsville-Henry County.

    Southern Virginia Advanced Manufacturing Center Receives Additional Funding

    Monday, 14 April 2014 15:16 by Info@YesVirginia.org
    Halifax County Industrial Development Authority recently announced it has received a $427,500 grant to complete Phase III renovations on the Southern Virginia Advanced Manufacturing Center...

    Halifax County Industrial Development Authority recently announced it has received a $427,500 grant to complete Phase III renovations on the Southern Virginia Advanced Manufacturing Center.

    SVAMC is located in South Boston, Va., at the former Daystrom Furniture manufacturing plant. Halifax County purchased the facility three years ago, which includes 34 acres and three buildings totaling 430,000 square feet. 

    The county has been renovating the site, originally established in the 1960s, and recently added a new, more energy-efficient roof. Phase III renovations will extend natural gas to the site through a collaboration with Columbia Gas of Virginia.

    The goal of the project is to provide a manufacturing ecosystem that will draw multiple companies to the area, as well as jobs and investment. The facility will include both advanced manufacturing and hands-on workforce training space for multiple tenants. It is expected to be ready in early 2015.

    VEDP helped Halifax County identify the grant from the U.S. Community Advancement and Improvement Program. Matt Leonard, executive director of the Halifax County IDA, emphasized the importance of the funding for the region, commenting, “The USCAIP grant provides benefits beyond its dollar value.”

    Advanced manufacturing continues to be a mainstay of Virginia’s economy, with 5,600 manufacturers employing almost 231,000 workers. To learn why manufacturing companies have invested more than $13.7 billion in the Commonwealth over the last 10 years, click here.

    A rendering of the Southern Virginia Advanced Manufacturing Center in South Boston, Va. Photo courtesy of Halifax County Industrial Development Authority.

    Bioplastics — How One Virginia Company is Making Plastic out of Feathers

    Friday, 28 March 2014 11:45 by Info@YesVirginia.org
    Eastern BioPlastics has successfully commercialized a process to make plastic out of chicken feathers. By using what was formerly a waste product, the company is making plastic components in a sustainable way...

    Eastern BioPlastics has successfully commercialized a process to make plastic out of chicken feathers. By using what was formerly a waste product, the company is making plastic components in a sustainable way.

    Co-founders Sonny Meyerhoeffer and Dr. Justin Barone established the company in Mount Crawford, Va., in 2008. They combined Meyerhoeffer’s background as an entrepreneur in the poultry industry with Barone’s engineering expertise as a professor at Virginia Tech to accomplish a difficult task — commercializing R&D into an effective process.

    The company replaces up to 50 percent of the petroleum component of plastics with fiber made from chicken feathers. This chicken feather fiber, called feather fiber intermediate, has a number of advantages over petroleum. It is a renewable resource and makes use of something that was previously viewed as a waste product. In addition, the chicken feather fibers are very strong yet lightweight, making them ideal for plastic products.

    Eastern BioPlastics has developed a proprietary technique that cleans and processes the chicken feathers in a cost-competitive way. The feather fiber intermediate is blended with polyolefins in a resin, and then extruded into pellet form. These pellets are then sold to original equipment manufacturers that use injection molding to form any number of end products for use in the automotive, furniture and sports equipment industries. The company is currently beta testing this product with customers.

    Eastern BioPlastics has also developed a second product called Environmental BioProtector. Feathers are extremely oil absorbent; news coverage of massive oil spills illustrates how birds suffer because the oil becomes trapped in their feathers. The company has developed a product using chicken feathers to help clean up oil spills, from large-scale disasters to consumer use for car oil leaks. Environmental BioProtector is USDA certified and made of 99 percent bio-based material, making it one of the most eco-friendly and low cost oil absorbing solutions on the market today. The company has been selling this product since May 2013.

    Creating an entirely new product in 2008 was no easy feat, especially during the economic downturn of 2009-2010. According to co-founder Meyerhoeffer, “Back then nobody wanted to take a chance on anything new. We had to figure out how to break in and create a market with a brand new product.”

    When asked why he kept going during these early days, Meyerhoeffer responded, “I was never led to quit and we stayed at it because we knew there was something there that was better. You have to persevere through the tough times. I think a lot of entrepreneurs are that way. You know you’ve got something viable and it’s just about continuing through to the end.”

    The founders of Eastern BioPlastics exemplify the entrepreneurial spirit and innovation that’s alive and well in the Commonwealth. To learn what Virginia offers and why it’s a great place to start a business, click here.

    Eastern BioPlastics co-founder Sonny Meyerhoeffer displays his Bioplastic Composite Resins made from chicken feathers. 

    VEDP Releases Maritime Opportunities Export Report

    Thursday, 20 March 2014 14:44 by Info@YesVirginia.org
    VEDP just released its Maritime Opportunities Export Report for Virginia. The report was prepared by Old Dominion University as part of VEDP’s Going Global Defense Initiative aimed at helping Virginia defense companies mitigate the impact of sequestration by increasing international sales...

    VEDP just released its Maritime Opportunities Export Report for Virginia. The report was prepared by Old Dominion University as part of VEDP’s Going Global Defense Initiative aimed at helping Virginia defense companies mitigate the impact of sequestration by increasing international sales.

    This report, geared towards small and medium defense contractors, is timely given current expectations for another BRAC (Base Realignment and Closure) process and the possibility of the U.S. military shifting some assets to the Pacific Rim.

    The Maritime Opportunities Export Report gives a high level overview of the process a company would need to follow in order to export defense products or services. For example, one of the first steps a company should take is determining if its product or service is on the U.S. Munitions List or the Commerce Control List so it can obtain the appropriate registration and license to export. The report also provides helpful links to federal resources that govern these procedures.

    Recognizing that the most reliable indicator of future trade activity is current trade activity, the report utilized a mixture of historical data on defense import purchases combined with expected growth rates and political and financial stability to determine the export opportunity ranking by country.

    The Top 10 markets for U.S. Maritime Exports are:

    1. Japan
    2. Australia
    3. United Kingdom
    4. South Korea
    5. Israel
    6. India
    7. Turkey
    8. United Arab Emirates
    9. Mexico
    10. South Africa

    The report also outlines a number of emerging growth markets in the global maritime industry. These include anti-piracy products, services and technology; ship conversions and deactivations; privatized naval security; unmanned underwater vehicles for mining, mapping, environmental testing, route surveying and port surveillance; and C4ISTAR which stands for command, control, communications, computers, intelligence, surveillance, targeting acquisitions and reconnaissance.

    To download the report and learn more about VEDP’s Going Global Defense Initiative, click here.

    Capital One Celebrates Opening of Chesterfield County Data Center

    Wednesday, 19 March 2014 09:09 by Info@YesVirginia.org
    Capital One recently celebrated the opening of its newest data center in Chesterfield County. The $150 million project was first announced in June 2012...

    Capital One recently celebrated the opening of its newest data center in Chesterfield County. The $150 million project was first announced in June 2012.

    This investment represents part of Capital One’s efforts to streamline and automate its IT infrastructure, adding new technologies to continue its reputation for leadership and exceptional customer service.

    The 242,000-square-foot facility is scalable for future growth and includes redundant power supply and substantial backup systems to ensure uninterrupted service. It is also LEED Gold certified by the U.S. Green Building Council.

    “This new data center is a bold example of the value we place on having the best technology to deliver on our customer mission, and we are proud to continue our strong relationship with Virginia and expand our workforce here,” said Rob Alexander, Chief Information Officer at Capital One.

    The company employs more than 15,000 associates in Virginia, drawing on the Commonwealth’s strong IT and professional services labor pool. While the company initially expected to create 50 new jobs related to this investment, Capital One now expects to double that over the next year in Central Virginia.

    Capital One was founded in Virginia more than 20 years ago. The company has thrived in the Commonwealth and grown to become a Fortune 500 company (NYSE: COF) and one of the most recognized brand names in the U.S. It is the country’s largest direct bank and 7th largest bank based on deposits.

    Chesterfield County was selected for this project due to its proximity to Capital One’s existing operations in the Greater Richmond area. Central Virginia has been part of Virginia’s booming data center industry because it offers abundant power, an advanced fiber-optic network, low risk of natural disaster, and a strong IT workforce.

    To learn why approximately 700 data processing, hosting and related establishments have selected Virginia as their home, click here.

    The Port of Virginia – the Only Port on the U.S. East Coast Ready Now for Post-Panamax Vessels

    Tuesday, 11 March 2014 15:58 by Info@YesVirginia.org
    While other ports along the East Coast scramble to deepen their channels in preparation for the Panama Canal expansion, the Port of Virginia stands ready as the only port on the U.S. East Coast currently capable of handling post-Panamax ships as first and last port of call...

    While other ports along the East Coast scramble to deepen their channels in preparation for the Panama Canal expansion, the Port of Virginia stands ready as the only port on the U.S. East Coast currently capable of handling post-Panamax ships as first and last port of call.

    With 50-foot channels and authorization up to 55 feet, the Port of Virginia offers the deepest shipping channels on the U.S. East Coast, able to accommodate ships greater than 10,000 TEUs (twenty-foot equivalent units). Even just a few feet of channel depth can have a significant impact. 45-foot channels can only accommodate up to 8,500-TEU vessels and 42-foot channels can only accommodate 4,500-TEU vessels.

    The Port of Virginia offers prime, unobstructed access to the Atlantic Ocean. This saves valuable transit time and costs, and ships traveling to the Port of Virginia can avoid the hassle of traveling inland, navigating rivers and overhead obstructions like low bridges.

    Served by every major shipping line, the Port of Virginia offers direct connection to more than 100 foreign ports and reach to any country in the world. Norfolk Southern and CSX offer on-dock, double-stack intermodal service to markets throughout the Northeast, Midwest and Southeast. Customers also have access to 12 short-line railroads for a total of 3,500 miles of track throughout Virginia. 

    The Port of Virginia is one of the largest intermodal networks on the East Coast, handling 2.2 million TEUs in 2013. The Virginia Port Authority operates four owned terminals:  three marine terminals, Norfolk International Terminals, Portsmouth Marine Terminal, Newport News Marine Terminal, and an inland facility, the Virginia Inland Port. VPA also operates two leased marine facilities: APM Terminals and the Port of Richmond.

    Norfolk International Terminals is the Port of Virginia’s largest terminal. It houses 14 Suez Class ZPMC cranes, the largest, most efficient cranes in the world. Capable of handling current and future ships, these cranes have a 245-foot reach that can offload vessels loaded 27 containers wide.

    APM Terminals is known as the most technologically advanced terminal in the Americas. It automates and optimizes the flow of crane and container movements, and its advanced tracking systems can pinpoint the exact location of every container. Cargo movements are handled by eight Super Post-Panamax ship-to-shore cranes, 30 semi-automated rail-mounted gantry cranes and two rubber-tire gantry cranes with electric spreader bars.

    Use the highlighted links to learn more about the capabilities of the world-class Port of Virginia and Virginia’s global logistics network.

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

    Specialty’s Our Name — Expanding a Family Business Through the Generations

    Friday, 29 May 2015 09:19 by Info@YesVirginia.org
    Butch Harrison founded Specialty’s Our Name in 1990, a precision sheet metal fabrication and machine shop based in Ashland, Va. His three sons, Brandon, Utley and Kevin, worked in the shop since high school and each found their niche, whether it was handling the finances, managing customer relationships or processing orders...

    Butch Harrison founded Specialty’s Our Name in 1990, a precision sheet metal fabrication and machine shop based in Ashland, Va.

    His three sons, Brandon, Utley and Kevin, worked in the shop since high school and each found their niche, whether it was handling the finances, managing customer relationships or processing orders. When their dad passed away in 2009, the brothers took ownership and proudly carried on the family name and reputation for a superior product and customer service at S.O.N. Inc.

    “We do the work other people don’t want to do,” said Brandon Harrison. “Our high-end, custom sheet metal work is in the White House Visitor Center, the American Civil War Museum at Tredegar and the Virginia Historical Society, and our customers include Homeland Security, Architectural Graphics Inc., Dometic Corporation and Showbest Fixtures.”

    The company has successfully grown from two people in a 2,500 square foot building to more than 30 people in a 32,000 square foot facility. The company delivers custom products and can offer consulting, drafting, welding, deburring, powder coating and precision parts, all from one location.

    The Harrison brothers not only weathered the recent economic downturn, but were able to continue growing their company. “We did feel some of the effects, but we manage our finances well and purchase equipment as we need it, so we don’t carry a lot of debt.” said Harrison. “We also have a broad customer range, from the marine industry to railroads to store fixtures. Being diverse helped us stay strong and grow our company through the tough times.”

    The brothers also took a calculated risk and started a sister company in 2008, Pro Powder & Paint Inc. “About 90 percent of our customers want a finish on their steel or aluminum products. We provide that and do our own powder coating and wet paint at a facility just down the street,” said Harrison.

    The company just had one of its best years and has a solid plan to grow both businesses and eventually combine them into one larger building.

    “We are lucky,” said Harrison. “The three of us are all equally responsible and we get to expand on what our father built. We really try to keep the family atmosphere throughout the company as we grow. We have several cousins and family members working in the shop, and we treat all of our employees like we are one big family. Without every piece of the puzzle coming together, this wouldn’t be possible.”

    As we celebrate Virginia Business Appreciation Month, Specialty’s Our Name serves as another great example of the ingenuity and dedication of Virginia entrepreneurs. To learn why the Commonwealth is a great location to grow a business, click here.

    Specialty’s Our Name owners Brandon, Utley and Kevin Harrison at their company headquarters in Ashland, Va.

    Marstel-Day — Growing a Green Business in Virginia

    Thursday, 28 May 2015 09:33 by Info@YesVirginia.org
    Rebecca Rubin started Marstel-Day in 2002 with a passion to help large institutions conduct business in a way that is both effective and preserves the natural resource base...

    Rebecca Rubin started Marstel-Day in 2002 with a passion to help large institutions conduct business in a way that is both effective and preserves the natural resource base.

    Based out of Fredericksburg, Va., the company has grown from a one-woman desk to 160 employees nationwide. With clients ranging from government agencies to academic institutions, Marstel-Day helps organizations develop an overall strategy to be more eco-friendly.

    “Our customers may have the interest and funding, but we help them with their strategies and policies,” said President and CEO Rebecca Rubin. “Whether they want to be carbon neutral or make better use of their ecosystem services or reduce water consumption or be ready for climate change, we help them get there. We look at such things as their vulnerability to drought, temperature change, responsiveness and resilience of the IT structure to climate events — and help them answer the big picture questions.”

    The company’s success speaks for itself. Marstel-Day experienced 8-10 percent growth every year, including during the economic downturn. Its impressive client roster includes the Department of Defense, Fish and Wildlife Service, National Oceanic and Atmospheric Agency, Department of Homeland Security, Environmental Protection Agency, General Services Administration and National Laboratories. 

    Marstel-Day has also received numerous accolades, including being named to both the Inc. 5000 list and Zweigwhite’s Hot Firm list for six consecutive years, the Alliance for Workplace Excellence Eco-Leadership Award three years in a row, the Virginia Fantastic 50 list for the third time, and the UVA Darden School’s Tayloe Murphy Award for Resilience.

    Rubin chose to headquarter the business in Fredericksburg for two reasons:  proximity to a rail line and access to a great park system. “We were deliberately trying to get our employees off the roads and onto public transportation,” said Rubin. “Our other Virginia offices in Richmond and Alexandria are also within a quarter of a mile of a main train line. If you translate that into hours saved, it has an enormous impact on employee morale and health.”

    “Because of its battlefield history, Fredericksburg has preserved green spaces and they have a new trail system. Having a park system where our employees can jog or bike during their lunch hour or after work is tremendously important to us.”

    “There’s a reason why we’re here. Historically, Virginia has done a good job of understanding and appreciating the significance of nature and ecotourism. We find Virginia’s and the Governor’s commitment to green important to us as a company.”

    As we celebrate Virginia Business Appreciation Month, Marstel-Day is another great example of how entrepreneurs find a successful environment for innovation in the Commonwealth. To learn why Virginia is a great place to grow a business, click here.

    Marstel-Day President and CEO Rebecca Rubin at the company’s headquarters in Fredericksburg, Va. Photo courtesy of Marstel-Day LLC.

    Performance Signs — From a Dorm Room to the Highway

    Thursday, 21 May 2015 10:30 by Info@YesVirginia.org
    Founder Robbie Morris was an engineering student at Virginia Tech when he started making decals for his brother’s stock car racing team. Robbie actually ran the decal machine out of his dorm room in the fall of 1995...

    Founder Robbie Morris was an engineering student at Virginia Tech when he started making decals for his brother’s stock car racing team. Robbie actually ran the decal machine out of his dorm room in the fall of 1995.

    While out on an engineering co-op, Robbie realized he enjoyed the creativity of the sign work much more than the structure of his engineering internship and decided to pursue the sign business full-time.

    Today, Performance Signs makes a variety of signs, banners, vehicle lettering, vehicle wraps, window lettering and real estate signs for commercial businesses, public safety vehicles and highways.

    Self-awareness is an important trait for entrepreneurs, and surrounding oneself with the right people and skillsets is critical. Robbie found the perfect business partner in his wife Katherine. She came on board full-time in 2004 and made improvements with her ability to manage, schedule and handle the day-to-day business, allowing Robbie to focus on the creative side.

    Robbie and Katherine focused on building relationships with their customers and that paid off. “We were doing work for a sign company that supported a police department in Southwest Virginia,” said Performance Signs Founder Robbie Morris. “Those decals were an exact match for the Albemarle police department near us. We were able to approach them and found that there was a need for somebody to serve the public safety vehicles in our area. There’s a tightknit community among the police, fire department and rescue squad, and our relationship with that core group has helped us grow.”

    When the recession hit, Robbie and Katherine looked at everything they did in order to be more efficient, from the number of phone lines they needed to the amount of equipment. They also took a calculated risk when a property became available. 

    “All indications were that it would be crazy to buy something right now, but it completely came together for us,” said Robbie. “We really felt like God was moving in our lives and the timing was right. We did an SBA 504 loan. It was a lot of work, but through that process it helped us see our business in a new way.”

    Robbie and Katherine closed on their building in the fall of 2009, and continuing their quest for efficiency, installed a solar-paneled roof on the 8,000-square-foot facility. Depending upon the time of year, the solar panels generate anywhere from 55-100 percent of the building’s electricity. 

    Robbie and Katherine’s tenacity allowed them to successfully bounce back from the recession. The company has doubled sales since 2010 and grown from four to 12 people.

    Performance Signs was also just selected to participate in the inaugural class of Ones to Watch, a business mentoring initiative run by the U.S. Senate Productivity and Quality Award Program for Virginia.

    As we celebrate Virginia Business Appreciation Month, Performance Signs stands as another great example of the innovation and creativity of Virginia entrepreneurs. To learn why Virginia is a great place to grow a business, click here.

    Performance Signs CEO Katherine Morris and Founder Robert Morris outside their company headquarters in Ruckersville, Va.

    Release Reels — An Entrepreneur’s Journey from Biking to Fishing

    Thursday, 14 May 2015 09:50 by Info@YesVirginia.org
    After a hectic career traveling all over the U.S. and Europe as a professional cyclist, all Wes Seigler wanted to do after retiring as an athlete was to relax at his parent’s home in Reedville, Va., and fish every day like he did as a kid...

    After a hectic career traveling all over the U.S. and Europe as a professional cyclist,  all Wes Seigler wanted to do after retiring as an athlete was to relax at his parent’s home in Reedville, Va., and fish every day like he did as a kid.

    While fishing on the Chesapeake Bay and offshore Virginia, Seigler and his friends soon encountered problems with the performance of the reels they were using. Drawing upon his experience perfecting his own bike gearing and after encouragement from contacts in the cycling industry, Seigler decided to design his own product.

    Release Reels was established in 2009. Seigler quickly found himself in the world of POs, RFQs and SKUs and learning what it all meant on the go. He initially started manufacturing in China, but found his intellectual property was leaking into competitors’ products and decided to bring back the manufacturing stateside.

    Release Reels makes premium saltwater fishing reels, and the tolerances are very high. The product has to perform perfectly and look sharp. In order to make sure the machining was spot on, he decided to manufacture it himself. Upon being told he couldn’t compete with Asia, Seigler responded, “We can, we just gotta be willing to work.”

    The company now operates nine CNC machines and has 10 full-time employees. 100% of the assembly and machining is done in Virginia and 100% of the component parts are made in the U.S. Seigler sources specialty bearings from Florida, gears and springs from Wisconsin and screws from San Diego, all to ensure the product is made in the USA.

    “We have to win all categories — that’s the mentality of our company,” said Seigler. Release Reels products outperform in every class — they are smaller and more powerful, while weighing less.

    The company also maintains a lifetime warranty on all its products, which no one else in the industry does. “If you purchase a product, I believe you should be able to call somebody and talk to them,” remarked Seigler. “We can fix it inexpensively, since we do all the machining in-house. Customers love the interaction and that carries into their next purchase.”

    Release Reels also works with Rappahannock Community College and hires interns with an interest in machining as a career. “Giving a chance to somebody that might not be university bound has been pretty cool. Manufacturing is not what it used to be, it’s technology driven. We run a clean shop and it’s a great environment where people can learn a lot,” said Seigler.

    The company’s high standards and customer service have paid off. After beginning with production of 100 reels per month, the company is now selling almost 600 reels per month and building the infrastructure to grow beyond that. They have also expanded into international markets from Europe to Southeast Asia.  

    “The international market is huge for us,” noted Seigler. “People love an American-made product. Japan has a large fishing industry with some of the top shops in the world there. Being accepted by those customers is a strong statement for the quality of our products.”

    As we celebrate Virginia Business Appreciation Month, Release Reels is a great example of the innovation and entrepreneurial spirit alive in the Commonwealth. To learn more why Virginia is a great place to grow a business, click here.

    Release Reels Founder and President Wes Seigler demonstrates the company’s premium saltwater fishing reels for a future customer. Photo courtesy of Release Reels.

    NCS Technologies — A Case Study of Innovation During Sequestration

    Thursday, 7 May 2015 10:33 by Info@YesVirginia.org
    Founded in Northern Virginia in 1996, NCS Technologies made a name for itself as a nimble and responsive small business computer manufacturer and supplier to state and federal agencies, the military, the intelligence community and commercial markets. The company operates out of a modern campus in Gainesville...

    Founded in Northern Virginia in 1996, NCS Technologies made a name for itself as a nimble and responsive small business computer manufacturer and supplier to state and federal agencies, the military, the intelligence community and commercial markets. The company operates out of a modern campus in Gainesville.

    The company’s products include commercial-off-the-shelf laptops and desktops for offices and schools, high-performance servers for corporate networks, and rugged tablet computers and servers for the military. Over the years, much of the company’s business depended on government.

    Like many companies that found a niche serving federal agencies, the impact of sequestration created significant challenges. However, as with all great companies, NCS was able to turn those challenges into opportunities and come out successfully on the other side.

    NCS has bounced back to its full pre-sequestration workforce and used the opportunity to diversify its customer base. The company realized that its experience delivering advanced computing products and services to highly demanding government customers could be translated into innovative new products for other growing markets, including healthcare, advanced manufacturing, banking and financial services.

    The company kept innovating during the economic downturn and developed the industry’s only zero client laptop. Zero client computers have no operating system or data stored locally. Everything is virtually saved in the cloud, making the data more secure in the event the computer is hacked, lost or stolen.

    While global competitors have developed zero client desktops, NCS Technologies is the only company able to master the engineering challenges to fit those capabilities, including patented Wi-Fi capability, into a mobile laptop product.

    “Our employees are our greatest investment in innovation,” said John Callahan, vice president of marketing. “They are truly knowledge workers, including electrical engineers, sales representatives, program managers, financial analysts, highly trained assembly-line associates, technical support and customer service employees. Prince William County and surrounding Northern Virginia offers us that range of workforce that helps us excel in a complex, ultra-competitive environment.”

    As part of Virginia Business Appreciation Month, NCS Technologies represents the high-growth industry and technological innovation that is alive and well in the Commonwealth. To learn why companies have found success in Virginia for more than 400 years, click here.

    The Cirrus LT from NCS Technologies is the world’s first mobile zero client laptop computer. Photo courtesy of NCS Technologies.

     

     

    Highground Services — A Successful Graduate of the Franklin Business Incubator

    Friday, 1 May 2015 09:34 by Info@YesVirginia.org
    John Warren and James Strozier, two former International Paper employees, put their experience together and became entrepreneurs when they created Highground Services in 2006. They co-founded the company with their wives, allowing it to qualify as a veteran-owned, SWAM (small, women-owned and minority) business...

    John Warren and James Strozier, two former International Paper employees, put their experience together and became entrepreneurs when they created Highground Services in 2006. They co-founded the company with their wives, allowing it to qualify as a veteran-owned, SWAM (small, women-owned and minority) business.

    The company provides high quality engineering services for process control, system automation and instrumentation projects.

    The company was off to a fast start — they landed their first contract with International Paper in May 2007 and became a part of the Franklin Business Incubator that December.

    When International Paper announced the closing of its Franklin Mill in 2009, this represented a substantial part of Highground Services’ sales.

    Rather than be discouraged by the economic downturn and loss of their largest customer, Warren and Strozier seized the opportunity to hire displaced International Paper workers and expand their customer base. They also diversified their business by providing new services, including electrical construction and plant maintenance.

    “We made a conscious decision to locate in a historically underutilized business zone and we really value being a part of this community,” said CEO James Strozier. “Our employees are tremendous and they worked tirelessly to help us not only survive, but thrive in what could have been a very challenging time.”

    The company’s efforts have paid off in multiple ways. They received the Virginia Business Incubation Association's Donna Noble Incubator Client Award in 2009, UVA’s Darden School of Business Tayloe Murphy Resilience Awards in 2011 and the Franklin/Southampton Chamber of Commerce Business of the Year Award in 2010.

    Highground Services has surpassed the $5 million revenue mark for the third straight year, and grown from four founders to 65 employees. The company is also poised to graduate from the Franklin Business Incubator and is in the process of purchasing a building across the street in downtown Franklin.

    The entrepreneurial spirit and resiliency of Highground Services is a great reminder of the innovation that exists here in the Commonwealth as we celebrate Virginia Business Appreciation Month. To learn why Virginia offers the resources for entrepreneurs to start and grow their businesses, click here.

    Co-founders Jim and Lisa Strozier (center) are joined by local officials in front of their new property in downtown Franklin, Va.

    Shenandoah Valley Partnership Launches inDEMAND Jobs Site

    Tuesday, 21 April 2015 10:28 by Info@YesVirginia.org
    The Shenandoah Valley Partnership is partnering with WHSV-TV3 news to launch an educational campaign called “inDEMAND Local Career Opportunities...

    The Shenandoah Valley Partnership is partnering with WHSV-TV3 news to launch an educational campaign called “inDEMAND Local Career Opportunities.”

    The purpose of inDemand is to increase awareness about high-paying career opportunities in high-growth industries where there is a substantial demand for a qualified workforce. With the cost of higher education a concern for many families, this campaign will highlight rewarding jobs that require some additional training, but not a full four-year degree. 

    Through linkage with Dream It, Do It — Virginia, the campaign will help both students and current employees match their career aspirations with programs and certifications offered through the Virginia Community College System, Career and Technical Education Centers, and four-year colleges and universities.

    WHSV-TV3 is currently filming a series of three minute videos featuring 26 different careers that will be posted on their site at http://www.whsv.com/indemand. Governor McAuliffe kicked off the campaign earlier this month and his interview is included on the site.

    The first video focused on high demand in the welding industry. Training to become a welder takes about six months and companies in the Shenandoah Valley are projected to hire 180 welders over the next 10 years.

    Upcoming videos will discuss local demand for employees in the software development, mechatronics, accounting and trucking industries, to name just a few.

    The Shenandoah Valley’s inDemand campaign highlights the premier workforce training programs that exist across the Commonwealth. To learn how Virginia is keeping its workforce up-to-date on the latest technology through its 15 public universities, 45 private institutions and 23 community colleges, click here.

    Virginia Makes a Strong Showing on Kiplinger’s 2015 Best College Values List

    Friday, 17 April 2015 16:00 by Info@YesVirginia.org
    Virginia universities made a strong showing on Kiplinger’s annual Best Colleges list, all the more important in the current environment where finding a quality education at an affordable price has become increasingly challenging...

    Virginia universities made a strong showing on Kiplinger’s annual Best Colleges list, all the more important in the current environment where finding a quality education at an affordable price has become increasingly challenging.

    In the public categories list, University of Virginia was ranked No. 2, The College of William and Mary No. 5, James Madison University No. 29, Virginia Tech No. 35, Christopher Newport University No. 83, and University of Mary Washington was No. 84.

    For the liberal arts category, Washington and Lee University received a No. 2 ranking, University of Richmond No. 10, and Christendom College was No. 57.

    To calculate the rankings, the editors at Kiplinger looked at a number of metrics used to determine both quality and value. The list was drawn from more than 1,200 four-year higher education institutions across the U.S.

    Quality was measured through admission rates, test scores of incoming freshman, freshman retention, students per faculty and four-year graduation rates.

    Value was calculated by looking at the overall cost of education, the amount of need-based and non-need-based aid, the percentage of need met and student debt at graduation.

    Virginia’s strong rankings in both the public and liberal arts categories show the breadth of the Commonwealth’s premier education offerings. Virginia has more than 575,000 students enrolled in 230 campuses across the state ensuring the workforce of tomorrow is prepared to meet industry needs. To learn more click here.

    A view of the Rotunda at the University of Virginia. Photo courtesy of UVA and Cassidy Girvin.

    VEDP and CCAM Receive Achievement in Innovation Award from Business Facilities Magazine

    Tuesday, 14 April 2015 17:07 by Info@YesVirginia.org
    Business Facilities magazine recently announced its 2015 Economic Development Awards and VEDP was a recipient of one of five Achievement in Innovation Awards for the Commonwealth Center for Advanced Manufacturing...

    Business Facilities magazine recently announced its 2015 Economic Development Awards and VEDP was a recipient of one of five Achievement in Innovation Awards for the Commonwealth Center for Advanced Manufacturing.

    The Business Facilities article mentioned how difficult it was to narrow down candidates this year because best practices are being implemented across the country, making CCAM’s recognition all the more meaningful.                                                          

    According to the Business Facilities’ editorial staff, “The states that are ahead of the curve have developed innovation hubs for targeted growth sectors and created an environment that makes their locations fertile ground for emerging businesses. This year, we’re focusing our spotlight on five programs that have exhibited consistent excellence in the development of innovation hubs and three successful initiatives targeting entrepreneurs.”

    CCAM is an applied research center that brings together Virginia’s leading manufacturing companies and educational institutions to turn research into real-world technologies and solutions. It operates out of a 62,000-square-foot facility located adjacent to the 1,000-acre Rolls-Royce Crosspointe Campus in Prince George County, Va.

    CCAM is focused on advancing and commercializing manufacturing technologies in six key areas — surface engineering, manufacturing systems, machining technologies, welding, additive manufacturing and composite materials.

    Operating as a public-private partnership, its roster is made up of five university members and 33 corporate and industry members, including globally recognized leaders Aerojet Rocketdyne, Airbus, Alcoa, Canon, Chromalloy, NASA, Newport News Shipbuilding, Oerlikon Metco, Rolls-Royce, Sandvik Coromant and Siemens.

    This award highlights what the more than 5,600 manufacturing companies located in Virginia already know — that the Commonwealth is a hub of advanced manufacturing and offers companies the innovative environment to grow. To learn more click here.

    A view of CCAM, adjacent to Rolls-Royce’s Crosspointe Campus, in Prince George County, Va.

    VEDP’s Advertising Agency Wins Best in Show for Stone Brewing Kit

    Monday, 13 April 2015 15:27 by Info@YesVirginia.org
    We at VEDP are proud to congratulate our advertising agency, Elevation, for winning Best in Show in the Promotional Design & Advertising category at the Richmond Ad Club’s annual awards show...

    We at VEDP are proud to congratulate our advertising agency, Elevation, for winning Best in Show in the Promotional Design & Advertising category at the Richmond Ad Club’s annual awards show.

    Elevation helped us develop a unique presentation for the executive team at Stone Brewing Co. as part of our marketing process to win their East Coast location for Virginia.

    During a meeting among Stone Brewing Co., the Governor, his administration, and other key members of the Virginia marketing team, VEDP organized a surprise visit from a character actor portraying Thomas Jefferson.

    Agriculture was one of Jefferson’s greatest passions, and at Monticello he grew the ingredients to make his own ale, continuing Virginia’s more than 400-year brewing legacy.

    Elevation developed a script for Jefferson to describe Virginia’s plentiful natural resources that would make an excellent home for Stone Brewing’s East Coast location. They also developed a kit filled with Virginia brewing ingredients for Jefferson to present to the Stone executive team — pure Virginia water, wheat, hops and molasses.

    As everyone knows, the pitch was successful and Stone Brewing announced their plans to invest $74 million to construct a brewery, packaging hall, restaurant, gardens, retail store and offices in Richmond this past fall.

    Virginia successfully competed against more than 20 states, and winning this competitive project from the country’s 10th largest craft brewing company has furthered the Commonwealth’s position as a serious player in the craft beer industry.

    Food and beverage companies continue to find Virginia has the recipe for success. To learn why food processing companies have invested more than $2.1 billion in Virginia since 2004, click here.

    An actor portraying Thomas Jefferson holds the Stone Brewing kit for a marketing presentation that won Best in Show at the Richmond Ad Club awards.

    Magnets USA Celebrates 25 Years and a New Facility in Virginia

    Friday, 27 March 2015 16:57 by Info@YesVirginia.org
    Magnets USA recently celebrated 25 years in the Roanoke Valley region of Virginia. The company also hosted a ribbon-cutting ceremony for its new building in Vinton, Va...

    Magnets USA recently celebrated 25 years in the Roanoke Valley region of Virginia. The company also hosted a ribbon-cutting ceremony for its new building in Vinton, Va.

    Magnets USA moved from nearby Roanoke City into the former Grumman Fire Truck Corp. location, a newly-renovated, climate-controlled, 45,000-square-foot building. The grand opening event featured fire trucks previously manufactured at the Grumman building to commemorate its history.

    The new facility will provide 70 percent more production space and allow the company to add 25 new jobs to its current workforce of 60. VEDP’s Virginia Jobs Investment Program is assisting the company with training funds for the new jobs.

    Founded in 1990, the company began selling adhesive materials that magnetized business cards. Today, Magnets USA produces more than 20 million magnetized marketing products each year, including calendars, sports and event schedules, banners and business cards. 

    Virginia’s premier business environment has allowed the company to successfully expand its customer base to include the real estate market, Chicago Bears, Salem Red Sox, Kid Rock Enterprises, Burning Man, Floyd Fest, the American Quilter’s Society and local schools.

    Magnets USA has also worked with VEDP’s international trade team to increase global sales. The company currently exports to Canada, Mexico and the Caribbean.

    The company’s history and success in Virginia is another example of the pro-business environment and resources the Commonwealth provides for growing companies. To learn more, click here.

    The Magnets USA team prepares to cut the ribbon at the company’s grand opening ceremony for its renovated facility in Vinton, Va. Photo courtesy of Magnets USA.

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    YesVirginia Business Blog | September 2012

    McKesson Announces Third Distribution Center in Virginia

    Wednesday, 26 September 2012 14:19 by Info@YesVirginia.org
    This week, McKesson Corp. announced its third distribution center in the Commonwealth. The Frederick County project is expected to bring a $36.9 million investment and 205 new jobs to the region...

    This week, McKesson Corp. announced its third distribution center in the Commonwealth. The Frederick County project is expected to bring a $36.9 million investment and 205 new jobs to the region.

    Ranked No. 14 on the Fortune 500, McKesson is the largest pharmaceutical wholesaler in North America, delivering one-third of the medicines used each day.

    The company plans to establish a 450,000-square-foot, build-to-suit distribution center in Frederick County for its Medical-Surgical business unit. Henrico County is already home to McKesson’s Medical-Surgical divisional headquarters as well as a distribution center.

    This announcement is a strong follow-up to a project completed earlier this year. In April, McKesson celebrated the grand opening of its state-of-the-art distribution center in Caroline County. 

    McKesson continues to choose Virginia for its strategic location and proximity to customers along the East Coast. With six major highways and the third largest state-maintained transportation network in the country, Virginia allows companies to improve their supply chain efficiency.

    Over the last 10 years, global logistics companies have announced more than 360 projects in Virginia, totaling more than $1.6 billion in capital investment. To learn more about Virginia’s world-class logistics infrastructure, click here.

    Fulcrum Concepts Breaks Ground on Headquarters in Virginia’s King and Queen County

    Friday, 21 September 2012 09:12 by Info@YesVirginia.org
    Fulcrum Concepts recently hosted a ground-breaking ceremony for its new headquarters location at the Middle Peninsula Regional Airport in King and Queen County, Va. Initially announced in January 2012, the project is expected to bring a $4.6 million investment and 31 new jobs to the region...

    Fulcrum Concepts recently hosted a ground-breaking ceremony for its new headquarters location at the Middle Peninsula Regional Airport in King and Queen County, Va. Initially announced in January 2012, the project is expected to bring a $4.6 million investment and 31 new jobs to the region.

    Founded in Virginia by three veterans in 2008, Fulcrum Concepts provides intelligence, surveillance and reconnaissance (ISR) training to integrate air, ground and intelligence assets. The company’s military and civilian customers include the Department of Defense, Homeland Security and various law enforcement groups.

    The location at Middle Peninsula Regional Airport was selected as it offered the right balance of security with access to military-trained personnel from the Hampton Roads region. Each year, about 18,000 people exit Virginia military bases and enter the civilian workforce, providing a steady pipeline of skilled workers. 

    In addition, Virginia’s position as a technology leader is well established—the Commonwealth provides companies with the highest concentration of high-tech workers, according to Cyberstates 2011.

    Speaking about the benefits of Middle Peninsula Regional Airport, Managing Member of Fulcrum Concepts Michael Zinanni stated, “The airport has come under outstanding professional management, enhanced airport service and navigational aid improvement, and significant infrastructure improvements to include a runway and taxiway resurface able to accommodate a wide variety of aircraft. The vision for growth is in line with our desire to bring top quality professional service to our customers and community.”

    Virginia continues to attract aerospace companies, bringing more than $1.5 billion in investment to the Commonwealth over the last 10 years. To learn why more than 230 aerospace companies call Virginia home, click here.

    Lieutenant Governor Bill Bolling (center) is joined by company and local officials at the Fulcrum Concepts ground-breaking ceremony in King and Queen County, Va.

    Virginia’s Mid-Atlantic Regional Spaceport Gets Closer to Launch Dates

    Thursday, 20 September 2012 09:54 by Info@YesVirginia.org
    Virginia Commercial Space Flight Authority (VCSFA) and Orbital Sciences Corporation recently signed a second Memorandum of Understanding, outlining their partnership to develop and improve the liquid-fuel-capable launch facility at Virginia’s Mid-Atlantic Regional Spaceport (MARS)...

    Virginia Commercial Space Flight Authority (VCSFA) and Orbital Sciences Corporation recently signed a second Memorandum of Understanding, outlining their partnership to develop and improve the liquid-fuel-capable launch facility at Virginia’s Mid-Atlantic Regional Spaceport (MARS).

    This public-private partnership indicates Virginia is at the forefront of the latest developments in aerospace—the growth of the commercial space sector. Virginia’s space industry is substantial, currently delivering $7.6 billion in economic output and supporting 28,110 jobs, according to a recent press release from Governor McDonnell.

    Over the next few years, Orbital plans to utilize the MARS launch pad for eight cargo resupply missions to the International Space Station as part of its Antares rocket program. Orbital will also use the facility for test and demonstration flights.

    Located at the NASA Wallops Flight Facility on Virginia’s Eastern Shore, MARS currently operates two launch pads, one for liquid fuel vehicles and one for solid fuel vehicles. Its full service capabilities and designation as both an Enterprise Zone and Foreign Trade Zone provides commercial, government, scientific and academic customers with low-cost access to space.

    MARS is one of only four commercial sites authorized by the FAA for orbital space launches. In addition, MARS offers a low-risk trajectory over the Atlantic Ocean and optimal access to the orbit of the International Space Station.

    To learn more about MARS and other facilities that make up Virginia’s burgeoning aerospace industry, click here.

    Carded Graphics Continues Growth Trajectory in Staunton, Va.

    Friday, 14 September 2012 14:00 by Info@YesVirginia.org
    On Wednesday, Carded Graphics announced plans to expand its production capacity in Staunton, Va., bringing a $7 million investment and 34 new jobs to the Shenandoah Valley region...

    On Wednesday, Carded Graphics announced plans to expand its production capacity in Staunton, Va., bringing a $7 million investment and 34 new jobs to the Shenandoah Valley region.

    A leading producer of custom folding cartons and paperboard packaging, the additional capacity will allow Carded Graphics to meet growing customer demand for its award-winning graphics, packaging design, printing, die-cutting, and state-of-the-art converting technology.

    Originally founded in Virginia, the company has morphed and relocated through a number of acquisitions. Since returning to the Commonwealth in 2006, the company has doubled in size.

    The City of Staunton offers a prime location for the company’s 120,000-square-foot facility, which houses Carded Graphics’ corporate offices and production plant. Located near the interchange of I-81 and I-64, the company can easily access Virginia’s premier transportation network with convenient reach to customers across the U.S.

    In addition, Carded Graphics plays a key role in the Shenandoah Valley supply chain, providing packaging to nearby companies, including Hershey’s, Hollister, and ASR.

    With its low-cost operating environment, highly-skilled workforce and robust transportation infrastructure, Virginia continues to be a prime location for advanced manufacturers, attracting more than $13.8 billion in capital investment over the last decade.

    To find out what more than 6,000 Virginia manufacturing establishments already know, click here.

    Montgomery County Gains another 50 Jobs—Social Media Company Heyo Expands

    Wednesday, 12 September 2012 08:55 by Info@YesVirginia.org
    Heyo, formerly known as Lujure Media Inc., just announced plans to invest $100,000 and create 50 new jobs in Blacksburg, Va., located in Montgomery County...

    Heyo, formerly known as Lujure Media Inc., just announced plans to invest $100,000 and create 50 new jobs in Blacksburg, Va., located in Montgomery County.

    Founded by students at Virginia Tech and Radford University in 2010, Heyo is a shining example of the innovation and creativity of Virginia’s entrepreneurs. The company provides an easy-to-use platform that allows users to drag and drop Facebook fan pages, mobile apps and websites.

    Virginia’s universities thrive when it comes to cultivating the entrepreneurial spirit necessary to create next generation technologies. Heyo’s student entrepreneurs received guidance along the way through entrepreneurial programs at their respective universities.

    CTO Brian Putt was a member of Radford University’s Collegiate Entrepreneurs club. CEO Nathan Latka and CFO Josh Gunter both attended Virginia Tech and the trio entered Heyo into the Virginia Tech Student Business Competition in 2011, winning the $5,000 grand prize. The competition was sponsored by the Virginia Tech KnowledgeWorks Third Annual Entrepreneurship Summit. 

    With easy access to tech-savvy grads, Heyo’s decision to remain in Blacksburg is certainly a positive reflection on the local talent pool. According to CEO Nathan Latka, “The close knit community makes it easy to build culture and hire top tier talent from top ranked local universities like Virginia Tech and Radford University.”

    No stranger to top IT talent, Virginia boasts the highest concentration of high-tech workers according to Cyberstates 2011.

    Governor McDonnell designated 2012 as “The Year of the Entrepreneur,” and Heyo’s rapid success is a great example of why Virginia is the best place for entrepreneurs.

    To learn more about Virginia’s robust technology industry, click here.

    Multiple Virginia Locations Ranked Top Ten by CNN Money’s Best Places to Live

    Friday, 7 September 2012 14:08 by Info@YesVirginia.org
    CNN Money magazine named Reston, Va., No. 7 in the overall ranking in its Best Places to Live: America’s Best Small Cities report. Reston earned a top ten placement due to its unique combination of exceptional access to growing job markets and high quality of life.

    CNN Money magazine named Reston, Va., No. 7 in the overall ranking in its Best Places to Live: America’s Best Small Cities report. Reston earned a top ten placement due to its unique combination of exceptional access to growing job markets and high quality of life.

    Reston’s strategic location between Washington, D.C., and Dulles International Airport continues to attract a growing number of national and international firms in the government, defense, and technology sectors. The community also offers residents access to a thriving downtown and some of the nation’s most highly-rated schools.

    In one important subcategory, Fastest Job Growth, three Virginia counties also won high honors.

    Loudoun County earned the No. 1 spot for Fastest Job Growth and experienced the highest percentage of job growth in the nation. A leader in the technology sector, more than 50 percent of all internet traffic flows through the county daily. Now home to more than 4.3 million square feet of data centers, it is easy to see why Loudoun has earned the nickname “Data Center Ally.”

    Another Northern Virginia location, Prince William County, received the No. 8 ranking for Fastest Job Growth. Prince William benefits from major military employers including Quantico Marine Corps Base. Excellent quality of life in Prince William County keeps these highly-skilled workers in the region even after they exit military service.

    Suffolk County, ranked No. 9 for Fastest Job Growth, offers many distribution and logistical advantages. Located in southeast Virginia, the county offers close proximity to the Port of Virginia and is serviced by two railroads and multiple interstates.

    With so many unique and diverse locations Virginia continues to be recognized as a top state for business.  To learn more about these and other locations fostering growth in Virginia click here.

    Aeroprobe Corporation Expands into Montgomery County, Va.

    Thursday, 6 September 2012 09:01 by Info@YesVirginia.org
    Homegrown Virginia company Aeroprobe Corporation just announced plans to relocate its headquarters and add a manufacturing operation in the Town of Christiansburg in Montgomery County’s Falling Branch Corporate Park. The project is expected to bring a $3 million investment and 40 new jobs to the area...

    Homegrown Virginia company Aeroprobe Corporation just announced plans to relocate its headquarters and add a manufacturing operation in the Town of Christiansburg in Montgomery County’s Falling Branch Corporate Park. The project is expected to bring a $3 million investment and 40 new jobs to the area.

    Aeroprobe will remain in the New River Valley region, relocating its headquarters from Blacksburg to Christiansburg and establishing a manufacturing operation in order to accommodate increased demand for its products. The company grew by 76 percent in 2011 and expects to increase by 103 percent in 2012.

    The new facility at Falling Branch Corporate Park will include 20,000 square feet of space with room to expand to 40,000 square feet.

    Aeroprobe Corporation also operates a satellite facility in Blacksburg Industrial Park which houses the company's high-speed wind tunnel.

    The company elected to remain in Virginia due to the Commonwealth’s strong manufacturing workforce and the high quality of life Montgomery County offers. With its close proximity to Virginia Tech, ranked one of the best universities for aerospace employee recruitment by Aviation Week & Space Technology, the company has easy access to a steady supply of engineers and high-tech employees. 

    According to Aeroprobe CEO Nanci Hardwick, “We are delighted to live and work in one of the most beautiful places in the world. The availability of highly technical talent in a business friendly community made Montgomery County our first choice to house our international operations.”

    A leading manufacturer of air data measurement equipment, Aeroprobe illustrates the diversity of Virginia’s aerospace industry. The company’s products have been used by Boeing, Lockheed Martin, Air Bus and NASA.

    To learn more about Virginia’s aerospace industry and why aerospace companies have invested more than $1.5 billion in the Commonwealth over the last 10 years, click here.

    The Vitamin Shoppe Brings First Distribution Center to Virginia

    Tuesday, 4 September 2012 16:41 by Info@YesVirginia.org
    On Friday, The Vitamin Shoppe announced plans to establish its first Virginia distribution facility in Hanover County. The operation will be located at the Virginia Transportation Park in Ashland, Va., and will bring a $39.4 million investment and 174 new jobs to the Central Virginia region...

    On Friday, The Vitamin Shoppe announced plans to establish its first Virginia distribution facility in Hanover County. The operation will be located at the Virginia Transportation Park in Ashland, Va., and will bring a $39.4 million investment and 174 new jobs to the Central Virginia region.

    The Vitamin Shoppe’s accelerated growth and desire to be closer to its mid-Atlantic customer base were primary reasons for building the warehouse and fulfillment center in Virginia. The company has grown from one store in 1977 to more than 550 company-owned retail stores today.

    Virginia successfully competed against North Carolina due to the Commonwealth’s strategic location, competitive business costs, and premier workforce.

    The Hanover County location offers visibility to I-95, allowing the company to easily access Virginia’s premier transportation network, which includes six major interstate highways, 14 railroads, nine commercial airports and the international Port of Virginia.

    Virginia’s competitive operating environment includes a six percent corporate tax rate that remains unchanged since 1972, construction costs 16 percent below the national average, and a low unemployment tax rate 32 percent below the national average.

    According to Ashland Mayor Faye Prichard, “The Town of Ashland and The Vitamin Shoppe share core values of community involvement and healthy living…. Their decision to locate in Ashland and Hanover builds upon the reputation of this region serving as a strategic location for supply chain centers in the mid-Atlantic.”

    The Vitamin Shoppe joins the company of Ace Hardware, Amazon.com, Backcountry.com, Home Depot, McKesson Corp, QVC, Target and Wal-Mart, all of which have established fulfillment and distribution operations in the Commonwealth.

    To learn why Virginia continues to be a leading location for distribution centers, attracting more than $1.6 billion in capital investment from global logistics companies over the last 10 years, click here.

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