Virginia Economic Review

Upgrading Interstate Capacity Along Key Arteries The Virginia Department of Transportation (VDOT) is in the midst of a $3.9 billion upgrade to the Hampton Roads Bridge-Tunnel, scheduled to be completed in 2027.

Supply chain management (SCM) and logistics have changed dramatically in the last decade. There’s growing demand for deeper visibility into every step of the supply chain. Automation is playing an ever-larger role in the movement of goods.

Supplier and customer accessibility has always played a key role in industrial site selection decisions. But the supply chain shakeups over the last five years have pushed manufacturers to rethink the types of sites that might allow them to best serve their key stakeholders.

Ask a major importer or exporter what constitutes an optimal air cargo partner for their supply chain, and you’ll hear the usual desired qualities: location, transit time, Foreign Trade Zone incentives, carbon footprint, and even weather.

Real estate developers have dealt with a daunting set of complications in the last few years, from increased borrowing costs to inflation to labor issues. It’s no surprise that developers and site selectors have focused on predictability as they consider supply chain factors in site decisions.

Early in the morning of March 27, a container ship about as tall as the Eiffel Tower left the Port of Baltimore going approximately 9 mph. The ship, named the Dali, was fully loaded with cargo and weighed nearly 100,000 tons.

Foreign direct investment (FDI) is a sometimes overlooked, but vital, cornerstone of the U.S. economy. Investments from overseas create high-quality, skilled jobs that pay higher-than-average wages. In 2022, foreign direct investment to acquire, establish, or expand U.S.

When Dutch secondary packaging solutions provider BluePrint Automation decided to open a U.S. location in 1987, the company chose a site in Chesterfield County near Richmond, due in part to the regional talent market and multiple nearby ports that could facilitate importing.

When Ryan Buzzy was a child, his passion was to take radios apart to see how they worked. At 25, he’s not a kid anymore, but his passion for seeing how things work never changed.

Dennis Meseroll is co-founder and executive director of Tractus Asia Limited, a global foreign direct investment advisory firm based in Thailand that specializes in advising and assisting companies with investment and location decisions in Asia.

Foreign companies looking to invest in Virginia go through the same considerations as their domestic counterparts — site evaluation and selection, workforce availability, and logistical issues, to name a few.

How much does Dutch aviation and aerospace giant Airbus value Washington Dulles International Airport? Enough to pick nearby Loudoun County as a center of its U.S.-based spare parts distribution operations not once, but twice.

Jasjit Singh is the executive director of SelectUSA, a U.S. government program housed within the Department of Commerce’s International Trade Administration that works to attract foreign direct investment to the United States.

The LEGO Group’s new manufacturing facility in Chesterfield County is designed to support the company’s sustainability ambitions. From building practices to construction materials to operating functions to landscaping, the LEGO Group’s only U.S.

The word is out that Pulaski County is a “center for international business,” says Jonathan Sweet, administrator for the western Virginia county. Among the 33,000 people who call Pulaski County home is a large community of expatriates hailing from countries around the world.

In 2020, roughly 12 years after Volkswagen relocated its North American headquarters from the Detroit area to Fairfax County, the company faced a choice. With the end of the lease on its Herndon office space looming, would it move to Atlanta, where its Porsche subsidiary is located, or another city?

Ambassador Alexander Yui took over as the Taiwanese representative to the United States at the Taipei Economic and Cultural Representative Office in the United States (TECRO) in December 2023.

A Conversation With Ambassador Mark Brzezinski Ambassador Mark Brzezinski has served as the U.S. ambassador to Poland since 2021. He previously served as the U.S. Ambassador to Sweden from 2011–2015.