Virginia Economic Review

Speed and efficiency are essential competitive edges for any manufacturing operation. Yet the growing adoption of advanced manufacturing techniques isn’t just boosting efficiency with how goods are produced — it’s changing the types of goods that can be made and where they are produced.

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.

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.

Bob Blue is chair, president, and CEO of Dominion Energy, Inc., an integrated energy utility headquartered in Richmond that operates in 15 states and provides energy to 7 million customers.

The best way to conceptualize Virginia’s energy ambitions is to look to its past of supporting one of the most power-intensive industries in existence.

Any discussion about Virginia peanuts needs to start with a clarification between Virginia peanuts and Virginia Peanuts. The lowercase former refers to peanuts grown in the Commonwealth; the capitalized latter is one of four peanut cultivars grown in the United States.

Virginia has been indispensable since the beginning of its existence. In addition to eight U.S. presidents, the Commonwealth was home to numerous Founding Fathers who helped shape the direction of the country and many civil rights leaders who believed it was capable of more.

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.

Virginia’s higher education system, consistently ranked as one of the best in the country, is well established as an elite talent incubator. But the Commonwealth’s universities, both public and private, also serve as a launching pad for startup companies.

Paul's Fan Company in Buchanan County was founded in 1958 as a small machine shop servicing the coal mining industry. It evolved over the years to focus on improved mine ventilation, producing turnkey industrial ventilation solutions for companies.

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.

A confluence of geographical, workforce, and other advantages has put Hampton Roads in a strong position in the caffeinated beverage industry.

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.

Maj. Gen. Ted Mercer is the new CEO and executive director of Virginia Space, the owner and operator of the Mid-Atlantic Regional Spaceport (MARS), collocated at the NASA Wallops Flight Facility on Virginia’s Eastern Shore.

Northern Virginia has long been known as the data center capital of the world, owing to its status as one of the original four Network Access Points (NAP).

Tad Deriso is president and CEO of Mid-Atlantic Broadband Communities Corporation (MBC), a South Boston-based 501(c)(4) nonprofit organization that has built an advanced open-access fiber optic network in Southern Virginia.

Tom Barkin is the president and chief executive officer of the Federal Reserve Bank of Richmond. Barkin joined the Richmond Fed in January 2018. In his time in Richmond, Barkin has taken an interest in the issues leading to a divide between urban and rural areas in the Fed’s Fifth District.

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.