Virginia is celebrating Business Appreciation Month in Philadelphia this week by showcasing local breweries during BrewExpo America, the country’s largest craft brewery industry gathering.
America’s beer-brewing tradition began more than 400 years ago in historic Jamestown. Today, more than 130 licensed breweries call Virginia home and have an economic impact of $1 billion. The Commonwealth’s craft brewing industry began to flourish in 2012 when a new state law allowed breweries to sell their beer for on-premises consumption. In 2015, Virginia craft brewers produced 274,111 barrels of beer – 346% more than in 2011.
Across the Commonwealth, communities are engaged in helping the craft beer industry thrive. Virginia Tech hosts the largest, and one of few remaining, barley breeding programs in the eastern U.S. The university is also home to a state-of-the-art, new brewhouse and malting system to support industry research in fermentation and brewing.
The first commercial-scale hops drying and pelletizing facility in the Mid-Atlantic was created by Lucketts Mill & HopWorks at Black Hops Farm in Loudoun County. Michigan-based Pilot Malt House announced the opening of its second artisan craft malting operation in Loudoun County in 2015 at Black Hops Farm. The project is a collaboration between the Commonwealth, Loudoun County and Pilot Malt House and includes funding from the Governor’s Agriculture and Forestry Industries Development Fund.
Richmond’s Hardywood has been a key player in Virginia’s thriving craft beer industry. Founded by lifelong friends, Hardywood has been brewing beer since 2011. The brewery’s beers have earned international praise with medals at the World Beer Cup and Great American Beer Festival in addition to receiving a rare 100 rating by BeerAdvocate Magazine. Hardywood was rated Virginia's Top Brewery by RateBeer.com users and Thrillist.com recognized it as Virginia’s Best Brewery. The Greater Richmond Chamber Business Council awarded Hardywood the Business of the Year Award in 2013.
In Alexandria, Port City Brewing Company opened its brewery in January 2011 to create more options for quality, locally produced craft beer to Northern Virginia. Port City Brewing Company was named Small Brewing Company of the Year at the 2015 Great American Beer Festival in Denver, and has received numerous awards and recognition since 2011.
Virginia is proud to showcase its craft beer assets and local breweries at BrewExpo America. Governor Terry McAuliffe hosted a Virginia craft beer reception along with the Virginia Economic Development Partnership, the Virginia Department of Agriculture and Consumer Services, Virginia’s craft brewing community and our partners.
As we celebrate Virginia Business Appreciation Month, the craft beer industry serves as a great example of the passion and dedication of Virginia entrepreneurs. To learn why the Commonwealth is a great location to grow a business, click here.
Virginia team during BrewExpo America 2016
The Roanoke Valley Region has recently become a magnet for the automotive industry.
Italy-based ELDOR Corporation, a leading automotive supplier of ignition coils and systems, engine and electronic control units and full systems for hybrids, is the latest company to establish an operation in Botetourt County. A major deciding factor for the company was the region’s skilled workforce.
Thanks to Virginia Western Community College’s (VWCC) advanced technology education programs, there is a strong pipeline of skilled workers to serve the area’s growing automotive industry. VWCC offers an Associate degree in Applied Science with a focus on Mechatronic Systems Engineering Technology—a cross-discipline that combines mechanical, electrical and computer engineering to meet high performance manufacturing industry standards. The community college also offers a Siemens Mechatronic Systems Certification Program to prepare students to work in the ever-growing complex technology industry.
Students have access to the Fab Lab at VWCC, giving them digital fabrication resources as a platform for their own innovation and inventions. Automated Manufacturing instructor Daniel Horine showcased VWCC’s impressive equipment and training capabilities following the Governor’s ELDOR announcement last month. Attendees, including ELDOR’s executive team, got a personal tour of the community college’s Fab Lab.
The Mechatronics program at VWCC is a great testament to how higher education works to provide students with industry specific skills and create a steady workforce pipeline for area employers. To learn more about Virginia’s 23 community colleges, located on 40 campuses around the state, click here.
VWCC Automated Manufacturing instructor Daniel Horine gives ELDOR executives a tour of the Fab Lab.
Governor McAuliffe Signs Memorandum of Understanding with South Korea’s Jeollanam-do Provincial Government to strengthen economic and cultural ties.
VEDP joined Virginia Secretary of Commerce and Trade Maurice Jones, Virginia Secretary of Agriculture and Forestry Todd Haymore at the signing ceremony, and look forward to enhancing economic activity.
The Commonwealth and Jeollanam-do Province share a common desire to exchange information to enhance mutually beneficial economic and cultural activity, including research and development, governmental collaboration, and other related activity pertaining to growth industries, including information and communication technology, agriculture, logistics, energy, and other areas within the global market.
Over the past four decades, the Republic of Korea has demonstrated incredible economic growth and global integration to become a high-tech industrialized economy. Today, the Republic of Korea is the world's 12th largest economy, and ranks 12th among Virginia export destinations. Some of the top opportunities for U.S. exporters in South Korea include:
- Aerospace Industry
- Defense Industry Equipment
- Energy: New and Renewable
- Medical Equipment
- Laboratory Scientific Instruments
- Pollution Control Equipment
- Education Services
This agreement solidifies the importance of leveraging partnerships in order to build a new Virginia economy. To learn more about Virginia’s global focus, click here.
Governor Terry McAuliffe and Governor Nak Yon Lee of Jeollanam-do Provincial Government celebrate signing of MOU.
This week, VEDP sponsored and attended the Plastics News Executive Forum in Naples, Florida. We had the opportunity to talk with many of the world’s top plastics processors and share the benefits of doing business in Virginia.
Virginia’s strategic mid-Atlantic location and superior transportation network provide access to 43% of the U.S. population within a one-day (10 hour) drive. These assets combined with our competitive operating costs make an ideal location for plastics companies.
The Port of Virginia is a leading gateway to the global market, offering direct connection to over 100 foreign ports. The Port offers the single best infrastructure on the East Coast with no overhead obstructions, on-dock rail service, easy access to ocean lanes, and is the only East Coast port with Congressional authorization to dredge to 55 feet.
Virginia is home to over 200 plastics companies that employ more than 20,300 Virginians. A few companies who call Virginia home include Rubbermaid, TREX, General Packaging, Klockner Pentaplast, Hanwha Azdel and Variform.
Since 2005, plastics and advanced materials companies have invested $1.01 billion and created more than 4,600 new jobs in Virginia. To learn more about Virginia’s plastics industry, click here.
Panel of plastics professionals during the Plastics News Executive Forum.
The Port of Virginia signed a lease to continue operation of Richmond Marine Terminal through 2056 allowing the port to implement a long-term strategy to reinvest in RMT.
In order to modernize the 120-acre barge terminal, a $4.2 million 350-ton crane was installed at RMT, which will speed up the loading and unloading of the container barge.
A new barge was added with 50 percent more capacity to carry containers in a single trip. Rail upgrades, regular dredging, new cargo-moving equipment and other improvements are also scheduled to occur.
RMT is strategically located along the James River and I-95, and connects Richmond and the state to global trade through The Port of Virginia’s container terminals in the Norfolk Harbor.
The Port of Virginia offers direct service to more than 45 counties worldwide. It’s the only U.S. East Coast port with congressional authorization for 55-foot depth channels, and has the ability to be the first and last port of call.
To learn more about Virginia’s port and infrastructure advantages, click here.
New crane at Richmond Marine Terminal during lease signing event in Richmond.