Virginia Economic Review

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.

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?

Ambassador Alexander Yui took over as the Taiwanese representative to the United States at the Taipei Economic and Cultural Representative Office in the United States (TECRO) in December 2023.

A Conversation With Ambassador Mark Brzezinski Ambassador Mark Brzezinski has served as the U.S. ambassador to Poland since 2021. He previously served as the U.S. Ambassador to Sweden from 2011–2015.

This issue of Virginia Economic Review details the things that represent Virginia and its influence on America’s governance, economy, culture, and norms. Highlights include an A to Z listing of those items and illustrative compendiums of famous Virginians and companies located in the Commonwealth.

Jonathan Zur is president and CEO of the Virginia Center for Inclusive Communities (VCIC), a nonprofit organization based in the Richmond area that works with schools, businesses, and communities to promote inclusion.

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.

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.