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Home to the nation’s largest data center market, its third-largest port, the third-highest concentration of tech workers and the HQ of 37 Fortune 1000 companies, Virginia offers diverse opportunities for success. Read: The Commonwealth Of Virginia: A Location of Choice at BusinessFacilities.com.
The post $267M Joint Venture Will Create 210 New Jobs In Virginia appeared first on Business Facilities Magazine. The new paperboard recycling and production facility, Celadon Development Corporation, will be located at the Chesapeake Deepwater Terminal site in the City of Chesapeake, VA.
For a list of Virginia economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. Economic Development Access Program: Administered by the Virginia Department of Transportation, it assists localities in providing adequate road access to new and expanding basic employers.
In Virginia Corporate, Industrial Campus at BusinessFacilities.com. The maritime, ship repair, and manufacturing company will create 332 new jobs in City of Newport News, VA. Read: S23 Holdings Investing $64.4M
Read: Dredging To Make Virginia East Coast’s Deepest Port Begins at BusinessFacilities.com. When dredging is complete in 2024, commercial channels serving the Norfolk Harbor will be able to simultaneously accommodate two, ultra-large container vessels.
The long anticipated Midwest Inland Port ramp will enable businesses to tap into the company’s deep transportation and logistics expertise and provide a platform for economic growth in central Illinois. Intermodal containers can be loaded with virtually any type of product and are transported by truck, railcar and ship.
Ports and Free Trade Zones have taken on much greater importance as supply chain issues increase and demand for product grows from businesses and consumers.
“CoStar is excited to become an essential business partner to the City of Richmond and the Commonwealth of Virginia,” said Andrew Florance, CoStar Founder and Chief Executive Officer. The Virginia Economic Development Partnership worked with the City of Richmond and the Greater Richmond Partnership to land the project.
Read: Amazon Creating 150 New Jobs At Virginia Facility at BusinessFacilities.com. The new specialty fulfillment and last-mile delivery center in the City of Richmond, VA will add to Amazon’s existing workforce of more than 10,000 full-time employees across the Commonwealth.
Currently, the Port of Baltimore and Port of Virginia (in Norfolk) are the only East Coast ports that can accommodate the large ships. The Port of Baltimore is one of only two East Coast ports, along with the Port of Virginia in Norfolk, now able to handle post-Panamax ships. In May 2013, CSX Transportation Inc.
Edward Lee McCallum, Jr was born in Roanoke, Virginia. He pulled it off flawlessly. Anyone who attended Ed’s unscheduled talk no doubt thought he’d spent weeks preparing it. He was the son of Edward Lee McCallum, Sr. and the late Iris Snyder McCallum. Far West U.S. Great Lakes U.S. - Mid Atlantic U.S. - New England U.S.
Department of Transportation (DOT) says that you are three times more likely to get into a crash when distracted while using a cell phone. West Virginia. Arkansas has a hand-held cell phone ban for drivers 18 to 20 years old, and for all drivers while in a school zone or highway construction zone. New Jersey. Puerto Rico.
Top products exported from the region were transportation equipment, machinery, except electrical, computer and electronics, and electrical equipment, appliance and components. The Port of Virginia in Norfolk is the first port on the U.S. Nearly 50 shipping lines connect the Port of Virginia to the world’s primary ports.
Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. The program provides state and local tax incentives and non-tax incentives to businesses and industries located within Alabama’s Enterprise Zones. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.
Presented by Penske Logistics and authored by transportation consultant, Rosalyn Wilson, senior business analyst at Parsons Corporation, the report tracks and measures all costs associated with moving freight through the U.S. The transportation sector of the logistics industry grew by 3.6 Costs for water transportation rose 8.9
To answer that question, we can use recent experience designing parking facilities at the Virginia Commonwealth University Health (VCU Health) Outpatient Pavilion Garage in Richmond, Va., They also provide healthcare facilities with a transportation network for Ubers/Lyft’s, taxis, and medical transportation services.
ENTERPRISE ZONE CREDIT: To stimulate growth in depressed areas of the state, Alabama offers certain tax credit incentives to business that locate or expand within a designated enterprise zone. ENTERPRISE ZONES: Businesses located within the boundaries of an EZ are eligible for tax credits. LAMBRA zones are a companion to EZs.
Businesses will be able to locate in these zones and operate 100 percent tax-free for 10 years (no income, business, sales or property taxes and no franchise fees). Because Virginia laws prevented BVU from serving residents directly, the city initially hoped that a carrier would step in and provide broadband. Synthetic natural gas.
The Port of Virginia and the Port of Baltimore met the requirements well over a year ago; several other ports are racing to be ready by the middle of next year, when shipping through the Canal is expected to surge to an annual rate of more than 360 million tons.
Business Facilities' 2018 Metro Rankings Report takes a look at the hot topics in economic development on the city level, including solar energy, job growth, economic growth potential, diversity, and more. Read: Business Facilities’ 2018 Metro Rankings Report at BusinessFacilities.com.
As more companies put their business activities on the cloud, data centers with the potential for scalability and proximity to cloud “on ramps” are better poised to compete, according to CBRE’s latest report. Read: Data Centers: Growing By The Gig at BusinessFacilities.com.
Thomas Jefferson popularized and manifested the "pursuit of happiness" through land ownership with establishing his grand Monticello in Virginia. It is a high priority for cities to examine their zoning and building codes to accommodate more dense urban and greener residential development.
The big ports of Virginia, Baltimore and Miami already are at that depth. The same journey takes 22 days sailing though the Panama Canal to East Coast ports, including road and rail transport. Savannah is deepening its harbor to 47 feet from 42 feet, and aims to complete the project in 2018.
Businesses that will survive the coronavirus pandemic are those that adapt to the challenges and continue to serve existing and new customers. Read: How Richmond Logistics Firms Are Pivoting During COVID-19 at BusinessFacilities.com.
The site offers a 24/7 control tower and a fire station and is designated a Foreign Trade Zone with customs and border security. Louisiana’s port system is one of the largest in the world, transporting tons of cargo in and out of the country, to destinations across the globe.
Two unique state programs are the winners of our Achievement in Public-Private Partnership awards: The Pennsylvania Department of Transportation (PennDOT) , for its Rapid Bridge Replacement Project; and the New Jersey Economic Development Authority for the Edison Innovation Fund. ACHIEVEMENT IN LOGISTICS.
VIRGINIA’S TRADITION OF TRAINING. Virginia has a longstanding reputation as a workforce pioneer thanks to programs such as the Virginia Jobs Investment Program (VJIP), which celebrated its 50th anniversary in 2015. For example, Virginia was awarded $6.9 Terry McAuliffe (left) congratulates Eldor Corp. Since VA Gov.
You have to think about the efficiencies of systems, of your employees, of transportation well before you deliver it to the jobsite,” he says. Transportation also is a new expense with IC, especially for modular solutions. Local zoning regulations also can make modular problematic. Photo: courtesy Entekra.
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