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.

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?