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.

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.

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.

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.

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.

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.

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.

Matt Poe always had an affinity for technology and cameras. Yet it wasn’t until he purchased a drone four years ago that he realized how much he enjoyed photography and videography. To hone his skills, the Abingdon resident began shooting footage of the mountainous region’s picturesque scenery.

Exports give small business global reach The Great Recession held nothing in the way of good timing, but in late 2011 Prairie Capital and Vierville Capital felt the pinch of retraction with particular pain.

When Continental Corp. announced its decision to invest an additional $10.3 million in its Winchester manufacturing facility in November 2018, its goal was to expand operations to speed production of its O’Sullivan brand surface products to market.

Former Textile Stronghold has Pivoted to Fuel the Future of Advanced Manufacturing The globally lauded comeback story of Southern Virginia hinged on taking on a task that many communities attempted, but few have achieved: reinventing its workforce.

When memory chip maker Micron Technology, Inc. committed to expand its operations in the City of Manassas in Northern Virginia, the headlines rattled off one impressive number after another: 1,100 new high-skilled jobs. Some 100,000 square feet of additional space. A $3-billion investment.

Northrop Grumman Innovation Systems, formerly known as Orbital ATK, headquartered in Dulles, builds and delivers space, defense, and aviation-related systems including the Antares launch system, which handles resupply services for the International Space Station launched from Wallops Flight Facility on Virginia’s Eastern Shore.

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.

Nestlé USA is a subsidiary of Nestlé S.A., a leading global nutrition, health and wellness company. Nestlé USA operates 79 manufacturing facilities and employs 48,000 people in the U.S.