Virginia Economic Review

Drake Goolsby is chief commercialization officer at Luna Labs, a Charlottesville-based company that helps develop advanced technologies in biotech, advanced materials, and engineered systems for government, military, and industrial clients.

Brett Vassey is president and CEO of the Virginia Manufacturers Association (VMA), a trade association that supports manufacturing operations across Virginia.

Imagine using a bow and arrow to hit a target the size of a DVD that’s 70 meters away — the wingspan of two Boeing 737 airplanes side by side. That’s the challenge faced by Olympic archers. Ben Summers and his family know it well.

A trilateral security partnership to share technology and military resources is poised to benefit the Hampton Roads economy and Virginia’s defense ecosystem. The United States, Australia, and the United Kingdom formalized the AUKUS partnership in 2021.

If every journey begins with the first step, in Roanoke that first step looks like 40,000 square feet of lab space.

When Jeremy Moyer was 6 years old, he started following his dad around their 1,000-acre dairy farm in Amelia County. By the time he was 12, he was getting paid to do chores around the farm. Now, at 42, he runs the farm with his father and brother.

Like his fellow Type 1 diabetics, Alec Smith took insulin every day to regulate his blood sugar.

Speed and efficiency are essential competitive edges for any manufacturing operation. Yet the growing adoption of advanced manufacturing techniques isn’t just boosting efficiency with how goods are produced — it’s changing the types of goods that can be made and where they are produced.

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.

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.