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Virginia: At The Ready For Business

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Virginia: At The Ready For Business


By Anne Cosgrove
From the September/October 2024 Issue

Site development across Virginia is in motion, with the state having introduced a targeted effort in 2022. This past July, Governor Glenn Youngkin awarded a total of $126 million in Virginia Business Ready Sites Program (VBRSP) development grants for 23 sites across the Commonwealth. Administered by the Virginia Economic Development Partnership (VEDP), this discretionary program partners with localities, utilities, and state agencies to fund infrastructure improvements that build operations-ready sites. 

In addition to developing the project-ready sites, the VBRSP program assembles permits and approvals to make way for a smooth construction process. VBRSP identifies, assesses, and improves industrial sites with at least 100 contiguous, developable acres, or 50 acres in the western part of the Commonwealth and in areas with other qualifying conditions.

“Speed to market is a major consideration in site selection decisions, and the Virginia Business Ready Sites Program has helped Virginia increase its inventory of suitable sites for major projects,” said Secretary of Commerce and Trade Caren Merrick at the July announcement. “This round of the Virginia Business Ready Sites Program will enhance 23 sites across the Commonwealth, ensuring all of Virginia is positioned to fully capture economic development and job creation opportunities for years to come.”

Located in Arlington, VA, the Ronald Reagan Washington National Airport is one of the 65 public-use airports in the Commonwealth. (Photo: Adobe Stock/ nate hovee)

Since the program’s inception in 2022, 45 sites have received funding, and to date, 3,720 direct jobs have been announced on sites that have received VBRSP grants. In 20224, 23 sites representing more than 10,000 acres of developable land are receiving funding.  

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“Virginia has worked strategically to create a diverse portfolio of project-ready sites to meet company needs in a variety of target sectors, and these grants are a primary reason why Virginia is recognized as a national leader in site development,” said Jason El Koubi, VEDP President and CEO. “I am incredibly proud of the results of the program’s efforts. This investment in Virginia’s infrastructure will continue to accelerate economic development in every region of the Commonwealth for years to come.”

VBRSP was developed by a team of state, regional, and local partners including VEDP, Virginia Department of Environmental Quality, railroad representatives, utility representatives, civil engineers, and other government, business, and industry representatives.

Richmond Airport Handles Record Cargo

According to reported statistics, activities attributable to the Richmond International Airport (RIC) create nearly 16,000 jobs and contribute about $2.1 billion in annual economic activity. Commercial activity at RIC reflects operations by Allegiant, American, Breeze, Delta, JetBlue, Southwest, Spirit, Sun Country (seasonal), United and their regional airline affiliates, as well as cargo operations by Amazon, DHL, FedEx, and UPS.

Over the past two and a half years, an average of 16 million pounds of cargo has moved through RIC each month. The May 2024 data reporting 20.3 million pounds was the most cargo through the facility since at least January 2014. Since January 2022, cargo moving through the airport has increased an average of 1% per month.

Canon Virginia Expands, Plenty Unlimited Opens

Canon Virginia, Inc., the global manufacturer of consumer and office products, will expand its manufacturing facility in the City of Newport News. The expansion will support Canon’s initiative to scale a method of isolating natural silk protein to create a solution with applications for multiple industries. Canon Virginia will retrain 30 employees to staff the new line, which is one of the company’s first ventures outside their longstanding core business of image-related products.  

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“This announcement brings great opportunity for Canon Virginia to continue our commitment to innovation, growth and development in Virginia,” said President & CEO of Canon Virginia, Inc. Shingo Shigeta.

“With this expansion, we will make silk protein a viable commercially scaled technology with broad application use in various segments,” continued Shigeta. “Virginia’s conducive business environment and the healthy business ecosystem has helped us achieve this goal—this is only possible through unwavering support from the Commonwealth of Virginia, Gov. Youngkin, VEDP, the City of Newport News, and the Hampton Roads Alliance.”

Canon Virginia is expanding its manufacturing capacity at its site in Newport News. (Photo: Canon Virginia)

Canon Virginia, Inc., a subsidiary of Japanese corporation Canon Inc., serves as the Canon manufacturing, engineering, recycling and technical support center for the Americas. Canon Virginia produces products such as the new silk protein using advanced manufacturing methodologies while also serving as a factory service center providing customer service in the repair and refurbishment of Canon products. Canon Virginia’s manufacturing services extend to injection mold making, contract manufacturing, medical contract manufacturing and aftermarket services. 

VEDP worked with the City of Newport News to secure the project and will support Canon Virginia’s retraining efforts through the Virginia Jobs Investment Program. Gov. Youngkin also approved a performance-based grant of $350,000 from the Virginia Investment Performance Grant, an incentive that encourages continued capital investment by existing Virginia companies.

In Chesterfield, VA, Plenty Unlimited chose a site in 2022 for its indoor vertical farming operation. This fall, the company opened the new facility slated to produce more than four million pounds of strawberries annually by growing vertically on towers that are 30 feet tall. The Greater Richmond operation is the world’s first farm to grow indoor, vertically farmed berries at scale. 

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The Plenty Richmond Farm Campus is the largest indoor vertical farm campus in the world and a projected $300 million investment that is planned to bring more than 300 total jobs to Virginia.

The first set of strawberries from the farm is expected to be available in early 2025.

Check out all the latest news related to Virginia economic development, corporate relocation, corporate expansion and site selection.



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The Good, the Bad and the Ugly from Virginia Tech’s 95-89 Loss to Wake Forest

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The Good, the Bad and the Ugly from Virginia Tech’s 95-89 Loss to Wake Forest


Virginia Tech’s ACC Tournament run ended in heartbreaking fashion Tuesday night in Charlotte, as the Hokies fell to Wake Forest 95-89 in overtime. It was a game full of swings. Virginia Tech erased deficits, battled back repeatedly and forced overtime, but couldn’t make enough plays in the extra period.

Here’s the good, the bad and the ugly from the game.

The Good: Rebounding dominance and a resilient fight

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Virginia Tech did plenty of things well in this game, especially on the boards.

The Hokies outrebounded Wake Forest 45-28, including 21 offensive rebounds, which created 20 second-chance points and repeatedly extended possessions. That advantage helped Virginia Tech stay within striking distance even when the offense stalled.

Head coach Mike Young pointed to the rebounding margin as one of the more frustrating parts of the loss.

“You outrebound somebody 45 to 26 or whatever that is,” Young said. “You’re supposed to win the game. Unfortunately, we did not.”

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Several Hokies contributed to that effort. Forward Tobi Lawal led the team with nine rebounds. Centers Christian Gurdak and Antonio Dorn combined for 15 rebounds, with Dorn seeing extended minutes after Amani Hansberry was sidelined with an injury he suffered against Virginia.

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Virginia Tech showed its usual resilience. The Hokies erased multiple deficits throughout the game and were able to force overtime in a game where Wake Forest led for almost 36 minutes.

Young praised the fight his team showed throughout the night.

“It’s been a characteristic of this team throughout,” said Young. “They’ve got a lot to them, and great kids to coach.”

The Bad: A quiet night for Neoklis Avdalas

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Virginia Tech needed contributions across the lineup in a tight postseason game, but Neoklis Avdalas struggled to make an impact.

Avdalas finished with five points, shooting 2-for-8 from the field. The Hokies’ assist leader was unable to record an assist against the Demon Deacons. He played 31 minutes before spending the final 7:37 of the second half and all of overtime on the bench.

Young confirmed the decision was performance-based.

“I just thought [Jaden Schutt and Jailen Bedford] were playing better than Neo, so that is how it went,” said Young.

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Schutt played his most minutes in a game (29) since late January. He shot 3-for-7 from three and made all six of his free throws, ending the night with 15 points.

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This game stands in stark contrast to Avdalas’ previous showing against Wake Forest. In that game from Feb. 21, Avdalas scored 17 points, shooting 6-for-14 from the field. He also recorded eight assists and three rebounds that game.

The Ugly: Turnovers early and execution in overtime

THe biggest issue for Virginia Tech came in two stretches: the early turnovers and in overtime.

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The Hokies committed 10 turnovers in the first half, allowing Wake Forest to control the pace despite Virginia Tech’s 25-11 first-half rebounding advantage. Off those 10 first-half turnovers, Wake Forest scored 11 points.

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“We had some terrible, terrible turnovers,” said Young.

Although Virginia Tech cleaned that up in the second half, only committing three turnovers for the remainder of the game, the early miscues forced the Hokies to play from behind most of the night.

After battling abck all night, overtime is where the Hokies ran out of answers.

Wake Forest quickly seized momentum in the extra period. Guard Myles Colvin gave the Demon Deacons a five-point advantage less than a minute into overtime, making a floater and a three.

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The Hokies struggled to generate offense in overtime while Wake Forest capitalized repeatedly at the free-throw line. When Virginia Tech was forced to foul down late, Wake Forest did not allow any chance of a comeback, making all nine of its free throws in overtime.

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“They were hitting shots,” Ben Hammond said. “Their point guard had the game of his life today.”

In the end, Wake Forest made the plays Virginia Tech could not.



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Virginia lawmakers criticize anti-redistricting mailer with Jim Crow-era images – WTOP News

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Virginia lawmakers criticize anti-redistricting mailer with Jim Crow-era images – WTOP News


The flyers encourage people to vote against the redistricting effort and feature pictures of the Ku Klux Klan and from the Civil Rights Movement.

Virginia Attorney General Jay Jones condemned flyers with Jim Crow-era images discouraging voters from supporting redistricting in the state.

The mailers, which Jones told WTOP he first learned about last weekend, featured pictures of the Ku Klux Klan and from the Civil Rights Movement. One such mailer said, “Our ancestors fought to represent us. Now Richmond politicians are trying to take our districts away.”

The flyers encourage people to vote against the redistricting effort.

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Early voting is underway, as Democrats in the state push for changes to congressional districts that are expected to give them more of an advantage in Congress. They said it’s in response to President Donald Trump encouraging redistricting in Republican-led states such as Texas. Republicans, though, have been critical.

In an interview with WTOP, Jones, Virginia’s first Black attorney general, said the mailers are disturbing, shocking, offensive and deceptive.

“It’s very clear a MAGA-linked group that opposes the referendum is sending these mailers to Black voters, and they’re misusing very, very hurtful imagery from the Civil Rights Movement, even invoking Jim Crow, to weaponize one of the darkest chapters in our history, to scare people into voting no and help Republicans maintain a rigged map for 2026 so they can keep control of Congress,” Jones said.

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In a statement, the NAACP Virginia State Conference said the flyers falsely compare redistricting to Jim Crow.

“While the NAACP is nonpartisan, we are deeply engaged in political advocacy to safeguard our communities,” said Rev. Cozy Bailey, president of NAACP Virginia.

The purpose of the mailers, Jones said, is to “suppress the vote. It’s to make sure that people don’t go make their voices heard during this election.”

The flyers said they’re paid for by a group called Democracy and Justice PAC. Former Virginia Del. A.C. Cordoza, a Republican, is listed as the chairman, according to Virginia Board of Elections documents.

“I couldn’t see why they say it’s insulting,” Cordoza told WTOP. “I’m a Black man. I don’t want my Black vote to be taken away.”

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The proposed new map, Cordoza said, “ripped apart majority-minority districts in order to increase the number of white representatives from Northern Virginia.”

Cordoza said he didn’t know how many homes the mailers had been sent to or how much the PAC spent on them.

“I want people to do their research and see exactly what’s happening,” Cordoza said. “We, as Virginians, voted for a bipartisan redistricting commission for a reason.”

Jones, though, said he sits “across the dinner table from people who have had their right to vote denied because of the color of their skin. It’s 2026. I would hope that we’d be past tactics like this, but clearly we aren’t.”

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Gov. Spanberger leads Virginia public safety readiness briefing

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Gov. Spanberger leads Virginia public safety readiness briefing


RICHMOND, Va. — Virginia Gov. Abigail Spanberger met with public safety leaders from across the commonwealth Monday as part of a “unified readiness” coordination effort.

The governor met with police and fire chiefs, sheriffs, emergency managers and private sector members — including Dominion Energy — to discuss Virginia’s commitment to public safety, intelligence sharing and interagency collaboration.

“As global tensions continue to evolve, I want to be very clear: there are no known threats specific to Virginia at this time,” Spanberger said. “Today’s briefing was about making sure that information can be shared quickly and we remain at the ready.”

The meeting relates to Spanberger’s Executive Order 12, which she says reaffirms Virginia’s commitment to public safety, community trust, and readiness.

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