Virginia Economic Review

BWX Technologies, Inc., started out as a boiler manufacturer.

Since Drake Extrusion opened a plant in Southern Virginia to make polypropylene fibers and yarns 31 years ago, the company weathered the collapse of the region’s traditional industry and global downturns and never laid off a worker.

Brent Ward likes challenging projects. As a co-founder of design firm Riggs Ward, his job is to help bring stories to life, through displays of artifacts, graphics, soundscapes, and interactive digital media.

For more than 300 years, Virginia’s universities have helped produce generations of political leaders, scientists, entrepreneurs, engineers, and business executives who shaped the economy in the Commonwealth and beyond.

Alexandria is known for Old Town’s historic shops and homes that are as inviting as they are immaculately preserved.

Virginia has a long history as a site where revolutions can take root. In recent decades, that revolutionary spirit has attracted entrepreneurs and startups who see Virginia as a place where new ideas grow into powerful energy disruptors.

It’s not exaggerating to say that Virginia has been part of the internet since day one. The Commonwealth’s proximity to the federal government in Washington, D.C., makes it a natural place to deploy new technology. In Northern Virginia, network connectivity traces its roots to the U.S.

In the months leading up to July 1776, the Second Continental Congress entrusted a Virginian, Thomas Jefferson, to draft the formal document declaring the colonies’ independence from Great Britain. The 13 British colonies in mainland North America had disparate interests and cultures.

Christy Coleman is the executive director of the Jamestown-Yorktown Foundation, an educational Virginia state agency that offers programs and resources about early American history through its living history museums, Jamestown Settlement and the American Revolution Museum at Yorktown.

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.