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).

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.

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.

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.

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.

In 1969, an ad agency in Richmond developed one of the most enduring tourism marketing slogans of all time — Virginia is for Lovers. In the decades since, the slogan became legendary; not only because it was catchy, but because it was true.

When Amazon announced Northern Virginia as the location for its new headquarters (HQ2), it revealed more than the winning region. It revealed Virginia’s not-so-secret identity: Technology Talent Juggernaut.

International Companies Find Advantages in Locating U.S. Headquarters in Virginia Foreign companies looking for a launching point to serve the U.S. and North American markets have many choices on where to plant their flag. Virginia has proven fruitful as that launching point for many of them.

New Amazonians are onboarding. Construction milestones are being met. From timelines to pipelines, Amazon’s mammoth HQ2 undertaking is on time and full speed ahead.

In the competitive realm of corporate headquarters location decisions, the COVID-19 pandemic upended the way companies operate and could have major ramifications on office space moving forward.

Virginia's Veterans are a Natural Fit for Corporate Headquarters Virginia is home to 30 military installations and more than 721,000 veterans. It’s also home to 36 Fortune 1000 companies (eighth among U.S. states) and 2,300 corporate headquarters operations (seventh).