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.

When executives at Traditional Medicinals decided to build an East Coast manufacturing and processing operation, they cast a wide net.

The field of cybersecurity is as old as the computer, but it’s only in the past decade that it went from being a periphery issue to a cornerstone of government budgets and one of the fastest-growing career fields.

The Innovative Virginia Cyber Range is Giving Students in Virginia — and Beyond — a Chance to Hone Their Cybersecurity Skills Between 2010 and 2014, the U.S.

Virginia is a national leader in the cybersecurity and technology industries, offering tech firms access to the highest concentration of tech talent and the third-largest tech industry workforce in the country.

Steve Morgan is the founder of Cybersecurity Ventures, a leading cybersecurity research company that provides data and insights on global cybercrime to C-suite executives, and editor-in-chief of Cybercrime Magazine. Before starting the company, he worked for antivirus giant McAfee Corp.

Virginia Universities' Transdisciplinary Research is Driving Digital Security Advancements The world’s increasing connectivity offers more opportunity for cybercriminals. The FBI’s 2020 Internet Crime Report cited a 69% increase in complaints of suspected cybercrimes.