Virginia Economic Review

Tamara Fields is the national U.S. public service industry lead at Accenture, and managing director of the company’s Austin, Texas office.

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?

In the world of financial services, time can represent both money and opportunity lost. The potential time savings from the use of quantum computing can help investors ensure they accrue more money than regret.

When The Turman Group began focusing on exporting nearly 20 years ago, company executives had goals and anxieties that are likely familiar to businesses that have taken similar steps.

The Commonwealth of Virginia has existed as a business venture since its inception in 1607, when the Virginia Company of London formed a joint-stock company to bring profits to shareholders and establish an English colony in the New World.

As the COVID-19 pandemic raged on over the last two years, contractors became more popular as people reevaluated the spaces where they lived (and suddenly worked).

The Virginia Tech Transportation Institute’s (VTTI) labs allow students to tackle much more than just class assignments. The space is also used for projects that help transportation industry members and government agencies advance vehicle design, safety, and other research efforts.

When Mack Trucks, Inc. was looking for a site to build a new line of medium-duty trucks, Virginia’s Roanoke Region was a top consideration.

While many drivers along the Interstate 81 Corridor focus on the beauty of the surrounding mountains, I-81 is the backbone that connects a thriving manufacturing industry. Unlike many interstate systems, I-81 circumvents major metro areas to connect smaller and mid-size cities.

Why So Many Executives Choose Virginia for Their Corporate Headquarters The last few decades have solidified Virginia’s position as America’s hometown for corporate headquarters. In total, 580 companies have relocated to or expanded headquarters offices in Virginia in the last decade.

Seth Martindale is a senior managing director with CBRE Consulting. He has extensive experience in real estate strategic planning, working with both private and public sector clients.

Virginia looks to increase the availability of development-ready sites with a two-pronged approach of characterization and development, working to bring business-ready sites online with greater speed and transparency than ever before.

Liebherr manufactures large trucks for the mining industry, including the world’s largest diesel-electric mining truck. These gigantic machines are partly assembled, tested, and certified at the plant in Newport News with complete assembly carried out at the mine.

WestRock is one of the world’s largest paper and packaging companies, with multiple locations in Virginia, including corporate offices in Richmond and manufacturing facilities in West Point and Covington.

With headquarters in Manassas, Aurora Flight Sciences is a leader in the development and manufacturing of advanced unmanned systems and aerospace vehicles.

The year 2006 marked a turning point for the town of Lebanon, for Russell County, and for the Southwest corner of Virginia: CGI, a Canadian company with a strong presence in tech-heavy Northern Virginia, located its first U.S. onshore delivery center in Lebanon.

Technological advancements, supply chain disruptions, and safety, environmental, and other sociopolitical factors are changing the way people and products move around the country. Manufacturers are leveraging technology, new business models, and infrastructure improvements to chart a future path.

Virginia Offers Best-in-Class Export Assistance for Companies' Complete Life Cycle Exporting can be a strong strategy for connecting companies with demand or diversifying their market bases to better weather economic conditions.