Virginia Economic Review

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.

Tom Walker is the founder and CEO of DroneUp, a provider of drone delivery and flight services that has operated out of Virginia Beach since its founding in 2016.

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.

With the global threat of terrorism on the rise, Virginia technology security services firms are parlaying security concerns into surging revenue growth overseas. Chantilly-based videoNEXT, which provides security and surveillance management software to U.S.

Timothy D. Sands is the 16th president of Virginia Polytechnic Institute and State University, joining the university in June 2014. VEDP’s President and CEO, Stephen Moret, recently spoke with President Sands about exciting new developments at Virginia Tech.

Greg LeRoy is the founder and executive director of Good Jobs First, a national policy resource center promoting corporate and government accountability in economic development. Good Jobs First provides information on best practices in state and local job subsidies.

Amy Liu is vice president and director of the Metropolitan Policy Program at Brookings and the Adeline M. and Alfred I. Johnson Chair in Urban and Metropolitan Policy.

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.

How Virginia's Plan to Double its Tech-Talent Pipeline by Aligning Resources at All Levels Hits the Bull's-Eye When it comes to building a comprehensive strategy for increasing talent to meet the technology workforce demands of today and tomorrow, there is a nationwide call by employers for talent with skills that include a particular focus on software development, engineering, machine learning, artificial intelligence, user experience design, and user interface design — all competencies with roots in computer science.

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).

From its Bedford HQ, Company Eyes Overseas Markets for its Conveyor Systems For the past four decades, Sentry Equipment and Erectors, Inc. has fostered a reputation for delivering quality conveying systems and service to customers in all 50 states.