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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Virginia Economic Development Partnership is the Best State for Business

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

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Did you know this is Manufacturing Appreciation Week?

Friday, 21 October 2011 09:17 by Info@YesVirginia.org

Governor McDonnell declared October 17-21 as Manufacturing Appreciation Week for Virginia. This should come as no surprise to the many Virginians employed by the manufacturing industry — more than 200,000 of us. In the last few weeks alone, manufacturing companies across a variety of industries have signaled their confidence in Virginia’s workforce by locating or expanding their operations in the Commonwealth.

Federal-Mogul Corp., a global automotive supplier, plans to invest $10 million to expand its automotive engine bearing manufacturing facility in Blacksburg Industrial Park, bringing 50 new jobs to Montgomery County. Albany Industries, a manufacturer of upholstered household furniture, announced it will invest $2.5 million to establish production capabilities in Galax, Va. This investment represents Albany Industry’s first operation in Virginia and will bring 335 new jobs to Southwest Virginia. 

On the international front, Axxor Group, a Netherlands-based producer of honeycomb, announced it will establish its first U.S. operation in Pittsylvania County in Southern Virginia. In 2006, Swedwood North America, a furniture manufacturer and subsidiary of IKEA, selected Virginia as the location for its first U.S. manufacturing facility. As Axxor Group is a major supplier of honeycomb to Swedwood’s furniture manufacturing operations, this investment is a natural outgrowth of that initial partnership.  

Also arriving from across the pond is NBG Holding’s announcement to establish its first U.S. subsidiary, Fiber Cable Technology, in Botetourt county. The Austrian company will invest $5 million and create 25 new jobs to manufacture specialty optical fiber and optical cables for the defense and energy markets. 

Whether manufacturing furniture or fiber optic cable, companies from all around the world have recognized the pro-business advantages a Virginia location offers. To learn more about the breadth of industries served by the Commonwealth click here. You can also view a Made in Virginia video produced by the Virginia Manufacturers Association here.

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Virginia Sails Closer to Becoming the Energy Capital of the East Coast

Thursday, 20 October 2011 17:21 by Info@YesVirginia.org

With October slated as Energy Month in Virginia, the announcement of a new wind turbine test facility moves the Commonwealth one step closer to becoming the Energy Capital of the East Coast. Named Poseidon Atlantic, the facility will be located in Northampton County on Virginia’s Eastern Shore. VEDP recently attended the AWEA Offshore Wind Expo where Lieutenant Governor Bill Bolling announced this project at a dinner for industry stakeholders.

Poseidon Atlantic will be the first comprehensive testing facility of its kind in the U.S. What makes this project unique is its ability to both test and certify the entire wind turbine (as opposed to testing component parts). Poseidon Atlantic will be the only U.S. site able to perform comprehensive testing for both offshore and land-based turbines.

The Poseidon Atlantic team selected Virginia for this project due to its prime location, as the Commonwealth couldn’t be more well-positioned for the offshore wind industry. Virginia has the ideal combination of strong Class 6 winds along the coast combined with shallow waters that allow for the easy installation of turbines and testing pads. The Commonwealth also has the necessary infrastructure already in place including an experienced maritime workforce, access to a fully operational high voltage transmission grid close to shore, and a robust transportation network including the Port of Virginia, which has the deepest obstruction-free channels on the East Coast.

Given the current worldwide shortage of full-service testing centers, this project positions Virginia at the forefront of the industry. Certification is a critical final step in the R&D process as wind turbine manufacturers often seek IEC certification prior to bringing a product to market. The facility is expected to build up to ten testing pads, leasing these to wind turbine manufacturers and bringing the global offshore wind supply chain to Virginia’s shores.

In addition to Poseidon Atlantic, Virginia has attracted additional private sector interest from wind industry leaders over this past year. In February, Gamesa Technology Corp. and Newport News Shipbuilding jointly launched the Offshore Wind Technology Center to develop next-generation offshore wind systems. The two companies were already collaborating to launch Gamesa’s first offshore prototype, the G11X-5.0 MW. In early October, Apex Offshore Wind, LLC and Maersk Line, Limited joined forces and announced their partnership to develop utility-scale offshore wind energy projects.

Though still in its infancy, the wind industry could create thousands of jobs for Virginians and provide a renewable source of energy. With the global supply chain recognizing Virginia’s unique assets and setting up shop along the coast, the Commonwealth is poised to become a hub for the offshore wind industry and one step closer to claiming the title, Energy Capital of the East Coast.

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Microsoft and Virginia - A Partnership for the Future

Wednesday, 5 October 2011 16:31 by Info@YesVirginia.org

Virginia and Microsoft have partnered once again – not surprisingly as both are IT leaders who realize staying at the top requires investing in the future. This time, that investment takes the form of educating the Commonwealth’s public high school students as Virginia is only the third state in the nation to implement the Microsoft IT Academy Program. With an aggressive goal of full participation by the end of this school year, the program will support both students and teachers by making software and coursework available including everything from computer basics to programming to the opportunity to earn recognized Microsoft certifications.

Virginia is certainly no stranger to technology with the highest concentration of high-tech companies in the country according to the U.S. Chamber of Commerce. Microsoft has demonstrated its understanding of Virginia’s pro-technology climate through the 2010 announcement of its investment of up to $499 million to locate its latest generation data center in Southern Virginia’s Mecklenburg County. This was followed by a recent announcement that the company would invest $150 million to expand this advanced data center and add 21 MW of electric power capacity.

The groundwork to attract Microsoft’s data center and support its educational offering for all Virginians was quite literally laid several years ago by the Mid-Atlantic Broadband Cooperative. In an effort to support underserved rural areas in Southern Virginia, MBC established an 800 mile open-access, fiber-optic broadband network. While this advanced network has attracted a flurry of Gigaparks and technology companies to the former tobacco region, the network will also provide high-speed internet access to more than 100 schools in Southern Virginia through a federal broadband stimulus program.

Beginning this school year, students in two Southern Virginia counties have been equipped with high speed broadband for the first time. Jumping from 45 Mbps to 100 Mbps is a significant leap that allows students and teachers to take full advantage of the internet, specifically improving video streaming and online collaboration. Establishing high speed connectivity in rural areas like Southern Virginia sets the stage for Microsoft’s IT Academy to be successful.  This will be truly be a statewide  program, allowing students everywhere to take full advantage of Microsoft’s online resources  in order to build the technical skills necessary to fuel Virginia’s booming IT industry.

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Montgomery County Makes Inc. Magazine’s 500|5000 List for 2011

Tuesday, 27 September 2011 15:09 by Info@YesVirginia.org

With close to 300 Virginia companies on Inc. Magazine’s 2011 Inc. 500|5000 list of the fasting growing companies, the Commonwealth is very well represented. What is perhaps more impressive is the breadth of that representation, spanning multiple regions and industries. With our close proximity to the nation’s capitol, it is no surprise that more than 100 of these Virginia businesses were in the government services sector. However, the list of our top growing companies showed a healthy diversification across the IT, healthcare, business services, energy and education sectors as well. Virginia’s companies are growing in growth industries, which is great news for the Commonwealth.

Montgomery County is a microcosm illustrating this manifold growth. With three companies on the list in three different sectors, Montgomery County entrepreneurs exhibit the creativity and innovation Virginia is known for. Modea, a digital advertising agency, is a homegrown start-up with an impressive client list allowing for a new headquarters building and the addition of 200 employees over the next five years. UXB International is an environmental technology company specializing in demilitarization and weapons removal that has moved to Montgomery County to take advantage of the Virginia Tech Research Center. Harmonia Holding Group is another local startup catering to the software and systems engineering needs of the military and federal agencies from its headquarters, also located at the Virginia Tech Research Center. 

Learn more at the Montgomery County Economic Development News Center.

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A Success for Dex

Tuesday, 20 September 2011 11:43 by Info@YesVirginia.org

Who doesn’t love to hear a success story – especially one from right here in Virginia? Dex, a division of Arrow Truck Sales, dismantles used Mack and Volvo trucks to harvest components for reuse on other trucks. With more than 2.7 million heavy-duty trucks in operation in the U.S., there is a growing market for quality used parts.

Five years after signing a lease for a building space in Floyd Regional Commerce Center in Floyd, Virginia, Dex has reached its reuse and recycling goal. The challenge required Dex to reuse or recycle every component part of the heavy-duty trucks they acquire. While most parts were marketable for resale, Dex had to find new markets for items like glass, plastics, rubber or damaged pieces.

This extensive sorting and processing required extra time and resources, but given their core value of environmental care Dex remained committed to reaching their goal.

Dex’s facility in Floyd has 29 full-time employees. The company has outgrown the 50,000-square-foot space and is leasing other temporary space. With this growth they are also looking toward the future and are currently working on the design aspects of products to ensure Mack and Volvo trucks produce zero landfill waste.

David Ingram, Chairman of Floyd County’s Board of Supervisors, said, “We are very glad that Dex chose Floyd County five years ago. Every job they’ve added is important.”

Congrats Dex!

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Praise for Hanover County

Thursday, 15 September 2011 15:33 by Info@YesVirginia.org

Last month, Hanover County received heaping praise in a Richmond Times-Dispatch article that detailed how Hanover has continued to be a great place to live and work despite a tough economic environment.

Known for its passionate citizen involvement and strong partnerships between businesses and government, Hanover prides itself on responsible planning and good, old-fashioned hard work. While there are many individuals that contributed in one way or another, the true spirit of Hanover’s success continues to be a community effort.

Check out the full article here.

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Center for Advanced Engineering and Research Opens in Bedford County

Friday, 9 September 2011 10:12 by Info@YesVirginia.org

Last month, Bedford County and the Virginia Region 2000 Partnership announced the opening of the Center for Advanced Engineering and Research (CAER).  Held August 25th, the ribbon-cutting ceremony celebrated the fruition of a project that involved extensive regional collaboration over the course of several years.

With an overflowing parking lot, more than 100 public officials and business leaders attended the ceremony and got a first look at the new 30,000-square-foot facility. Businesses such as Babcock & Wilcox, Areva and Innovative Wireless Technologies, as well as the University of Virginia, have all secured space. The Region 2000 Partnership will continue to work toward securing more companies and organizations for the Center, which will be used 70% for research, 20% for community and outreach and 10% for administrative support. 

Speaking on behalf of Governor Bob McDonnell, Virginia’s Secretary of Technology Jim Duffy praised the partnerships that were fostered to open the center, and spoke of the “brightest minds” that will use the Center for research.

The goal of CAER is to be an industry-focused regional research and development center that drives the development of innovative products and processes by providing local access to university and federal research and inventions. It will target growth industries specific to the region, and will put university innovations into action through practical implementation in industry. CAER aims to increase the competitiveness for core, high-wage industries and improve the long-term prospects of existing industrial employers by creating a knowledge-based research hub for the region. 

Bill Guzek of the CAER Board of Directors said, “The center is meant to be an economic engine for the region. This is just the beginning.”

More information regarding CAER can be found on their website.

 

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Have You Heard?

Tuesday, 16 August 2011 15:02 by Info@YesVirginia.org

Just over a month after being named America’s Top State for Business by CNBC, Virginia has received another No. 1 ranking. The Commonwealth has been named the most pro-business state in the country by the 2011 Pollina Corporate Real Estate study: “Pollina Corporate Top 10 Pro-Business States for 2011: The Rise of the West.” Not only is it the third consecutive year that Virginia has taken home top honors, the Commonwealth won the 2011 top-ranking by the largest victory margin in the history of the study.

In its eighth year, the study is considered the “Gold Standard” in evaluating states by using a comprehensive ranking system based on factors ranging from taxes, right-to-work legislation, infrastructure spending and economic incentive programs. 

This year, Virginia lead over the number two spot by 44 points and was dubbed, “the brightest star on the American Flag,” in terms of its pro-business climate. But it’s not just our top spot status that garners such a prestigious title – the Commonwealth has held the top spot five times since the study began, with second place finishes in 2005 and 2006 and third place in 2008. Our consistent presence among the top pro-business states is proof that the Commonwealth has been and will continue to be open for business.

Virginia’s pro-business reputation was also reaffirmed this year by our second place finish in the Labor, Taxes and Other Factors category and our first place finish in the Incentives and Economic Development Agency Factors, which sites the Virginia Economic Development Partnership (VEDP) as one of the “finest economic development organizations in the nation.” The Commonwealth also performed strongly in the Education and Infrastructure categories and continues to shine on its Report Card.

All of us at VEDP couldn’t be prouder to represent our state and are committed to keeping Virginia the best state for business.

Click here for more information on the rankings and to see the full report.

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SRI’s Center for Advanced Drug Research Continues to Grow

Friday, 12 August 2011 09:01 by Info@YesVirginia.org

In 2009, SRI opened its Center for Advanced Drug Research (CADRE) in Shenandoah Valley with 15 researchers and support staff.  Since then, they have grown to 45. Now SRI Shenandoah Valley is planning a build-out that will accommodate 100 scientists, researchers and other staff members.

Located in the Harrisonburg-Rockingham Metro area, the Center is an independent, not-for-profit research institute. It focuses on improving efficiency in the pharmaceutical industry, developing life-saving treatments for neglected diseases, and helping our nation respond to bio-threats through client-sponsored R&D.

The Center was established as a result of partnerships among state and local governments and James Madison University, located in the area. The continued growth of CADRE is exciting news for the Harrisonburg-Rockingham area, as it will draw more bio-tech and life sciences companies to the region, creating jobs and increasing the valuable research done at the Center.

You can find more information on SRI’s CADRE here.

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Virginia Companies Join Forces

Monday, 8 August 2011 09:37 by Info@YesVirginia.org

Boeing Information Solutions, of Arlington, Virginia, is joining forces with another Virginia-based company – Solutions Made Simple Inc. (SMSI).  Based in Reston, Virginia, SMSI is an information services provider that is known for its Twister data integration framework products.

Prior to the acquisition, Boeing worked with SMSI over the past several years and, according to John Hinshaw, Boeing’s vice president and general manager of Information Solutions, believes this will be a “better, more cost-effective way to manage data across disparate networks.”.  SMSI’s technology takes complex layers of information that are housed in an unlimited number of applications and various data sources, and makes that information easily available for users to access and extract. This type of technology is what Hinshaw sees as a “strong complement to [Boeing’s] existing capabilities.”

SMSI currently employs approximately 65 people. For additional information click here.

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Virginia named #1 for Economic Growth Potential

Wednesday, 3 August 2011 09:31 by Info@YesVirginia.org

When you’re on the top, it’s not just about being number one – it’s about staying there. In June, CNBC named Virginia America’s Top State for Business, and now, Business Facilities magazine has ranked Virginia #1 for Economic Growth Potential, an award that all of us here in the Commonwealth plan to see to fruition.

The study took a hard look at factors like job creation, project development, incentives and workforce. It also took into account the state’s growth strategy; including the depth and breadth of incentives, as well as partnerships among state and local governments, educational institutions and businesses.

Virginia has done its part to help keep its business climate positive, including the formation of the Economic Development and Job Creation Commission and the Commonwealth Center for Advanced Manufacturing. Both aim to carry out Virginia’s goal of more jobs and investment for the Commonwealth now and in the future.

Check out the article in Business Facilities for the full rankings.

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About VEDP

Virginia Economic Development Partnership is the Best State for Business

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

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YesVirginia Business Blog | All posts tagged 'Virginia data center'

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.

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Virginia Economic Development Partnership is the Best State for Business

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

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© Copyright 2017

VIRGINIA ECONOMIC DEVELOPMENT PARTNERSHIP

© 2014 All rights reserved.