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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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Sullivan wraps up a career with deep roots in the forest

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Sullivan wraps up a career with deep roots in the forest


Jay Sullivan came to Virginia Tech as a newly minted Ph.D. He found a university with a strong forestry program, a passionate faculty, and motivated students. The forests and mountains of southwestern Virginia were a great place to make a home and raise a family, so he stayed here and made a career, a career that drew to a close when Sullivan retired in December after 36 years.

Sullivan joined the Department of Forestry before there was a College of Natural Resources and Environment. Through the changes, the expansions, and the promotions to full professor and former department head, Sullivan remained true to the primary mission of teaching and helping students reach their potential.

In 2015, Sullivan was selected as head of the Department of Forest Resources and Environmental Conservation. He served in that role until opting to step back into a full-time faculty position in January 2025.

Sullivan was asked to reflect on his long and distinguished career at Virginia Tech.

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When did you come to Virginia Tech?

I arrived in fall 1988, shortly after completing my Ph.D. at the University of California-Berkeley.

What made you choose the field of forestry?

I grew up camping, fishing, and backpacking, and I wanted a career that promoted conservation of the resources I loved. Initially, my interests were forest biology and ecology, but an influential professor and co-student (to whom I’ve now been married for almost 45 years) got me interested in forest economics as a direction that might have the greatest impact on decision-making and policy formulation that would make a difference.

What have been your central areas of research?

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As a grad student, I had the opportunity with the U.S. Forest Service to help build an economic impact analysis system known as IMPLAN. My role was to develop analysis procedures, and that experience was formative in my career. Interestingly, IMPLAN is still used today, though long-since privatized. I noticed the current version of that system was even used recently to examine the economic contributions of Virginia Tech in the Commonwealth.

At Virginia Tech my research focus has been on economic incentives for forest conservation and restoration, that is: how do we keep forests as forests? Projects have examined forest landowner challenges in Virginia and beyond, including threats of insects, ice damage, and others: afforestation of frequently flooded lands in the Mississippi River Delta, Appalachian hardwood reforestation of surface-mined lands, and establishment of gum plantations in West Africa. Of course, there have been numerous other studies over the years and all have been challenging, but having the opportunity to work alongside other faculty and students to solve the challenges we faced has been enormously satisfying, even if sometimes stressful in the moment.

How has the field of forestry changed in the years you’ve been a researcher and educator?

Technological advances in data acquisition like GPS, remote sensing, drones, and field equipment get a lot of deserved press, but, for me, in forest economics I am amazed at how the questions we address have evolved over the years. 

As a student or new facility member, I never would have dreamed about some of the issues and products that have emerged, such as forest carbon as a valuable commodity, or a millennia-old product like barrel staves would be in such demand, or that we would be talking about aviation fuel as a viable forest product. It would have seemed like science fiction that solar facilities or data centers would become pressing land use concerns. The level of interest in all aspects of forests and forestry for their role in solving global challenges facing society is pretty amazing, too.

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What has stayed constant in your time here?

The quality and passion of the students and faculty over the years in pursuing their careers and answering the fundamental issues in forestry.

What were the campus and university like when you arrived Virginia Tech?

You could see mountains from every window on the third floor of Cheatham Hall!

What meaning have you found in your career at Virginia Tech?

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The most rewarding aspect has been seeing the success of our students in their careers, with so many in influential positions in industry, agencies, and academia. With many, those successes were expected, but some who you weren’t sure how they would even graduate turned up in amazing places with incredible responsibilities and important roles!

What advice would you offer to younger faculty members who are just entering their careers?

Pour into our students, as I think they always will be the greatest impact that we can have in our short careers.

What’s next for you?

I will be chasing my wife and grandchildren around the mountains of Southwest Virginia and across the globe, continue teaching the Bible to college students at my local church, do a little rock climbing and mountain biking, and promoting forestry education with the Virginia Forestry Education Foundation.

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Virginia hires Richmond’s Aaron Roussell after Amaka Agugua-Hamilton’s firing, investigation

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Virginia hires Richmond’s Aaron Roussell after Amaka Agugua-Hamilton’s firing, investigation


Virginia has its new women’s basketball coach, after a messy ending with its previous one.

The Cavaliers announced Tuesday they had hired Richmond head coach Aaron Roussell to replace the fired Amaka Agugua-Hamilton, who was reportedly the subject of an internal investigation over allegations of staff mistreatment. Roussell will be the seventh head coach in program history.

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Roussell had been the Spiders’ head coach for seven years, accruing a 148-72 record and leading them to three straight NCAA tournament appearances since 2024. They notched the first tourney win in their history against Georgia Tech in 2025.

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Aaron Roussell has some work to do in Charlottesville.

(IMAGN IMAGES via Reuters Connect / REUTERS)

Roussell will not have to travel far for his new job, but he will enter a program facing surprising levels of instability after a Cinderella run in this year’s March Madness.

After entering their first NCAA tournament in eight years, the Cavaliers reeled off wins over Arizona State in the First Four, No. 7 Georgia and No. 2 Iowa to reach their first Sweet 16 since 2000. Then, days after the season ended, the program announced Agugua-Hamilton’s firing in a cryptic “Virginia Announces Leadership Change for Women’s Basketball” statement.

Per On3’s transfer portal tracker, six Virginia players have entered the portal, including last season’s leading scorer Kymora Johnson.



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Former Virginia Gov Glenn Youngkin hints at political future, says he’s ‘chomping at the bit’ after exit

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Former Virginia Gov Glenn Youngkin hints at political future, says he’s ‘chomping at the bit’ after exit


NEWYou can now listen to Fox News articles!

Former Virginia Gov. Glenn Youngkin signaled his political career may not be over, telling Sean Hannity he still has “more to give” just under three months after leaving office.

“I have more to give. I just do. The one year of campaigning and the four years of running, so five years, went by in five seconds. It was amazing,” Youngkin said on the “Hang Out with Sean Hannity” podcast.

In the full episode, debuting Tuesday, Youngkin sat down with the Fox News host to discuss his time in office, as well as what things have been like since his term expired in January.

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NEW POLL REVEALS SPANBERGER’S POPULARITY IS PLUMMETING AMID BACKLASH OVER GERRYMANDERING

Virginia Gov. Glenn Youngkin addresses the crowd during an early voting rally on Sept. 21, 2023, in Petersburg, Va. (Steve Helber/AP)

Every morning [when I was governor], I woke up literally bounding out of bed, ready to roll, and that was the most purposeful I’ve ever felt in my whole life.

Youngkin oversaw a range of conservative measures passed in the state, including a push to ensure age-appropriate curriculum in public schools.

SPANBERGER SIGNALS LEFT BENT AFTER CENTRIST CAMPAIGN; GOP LEADER WARNS OF ‘FAIRFAXING THE REST OF VA’

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Virginia Gov. Abigail Spanberger responds to President Donald Trump’s unseen State of the Union address. (Steve Helber/Reuters)

He also pushed for tax cuts, including efforts to reduce the state’s grocery tax, rolled back COVID-19 restrictions early in his tenure and emphasized tougher public safety policies.

His time in office concluded earlier this year, when Democratic Gov. Abigail Spanberger’s administration succeeded his.

I’ve been out of office for six weeks. I took [my wife] Suzanne on vacation, which she so deserved. She’s been amazing. I think she’s of the best first ladies in America,” he said.

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“But six weeks has felt like six years… You’re chomping at the bit.”

While Youngkin stopped short of outlining specific plans for the future, his comments suggest he is keeping the door open to a return to public office.

Fox News Digital’s Charles Creitz contributed to this report.



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