Tag: Economy

Thermo Fisher Scientific to invest $9.5 million to expand operation in Frederick County

Thermo Fisher Scientific Inc. will invest $9.5 million in its medical device manufacturing operation in Frederick County.


How is the Commonwealth of Virginia performing economically?

The Commonwealth of Virginia’s gross state product was last measured at $480 billion (November 2016).


Study: Agritourism impact on Shenandoah Valley economy

Fresh data shows businesses along the Shenandoah Valley’s Fields of Gold Farm Trail contribute significantly to the region’s economy.


On lemon free trade

Referring to TPP and other free trade agreements is conventional wisdom – and wrong.


Can Trump revive manufacturing? Waynesboro as a case study

Waynesboro isn’t the Rust Belt, but if you know the city’s economic history at all, well, it isn’t all that different.

2017 governor race

Seven things to keep in mind about the U.S. economy in 2017

A new year has dawned, a new president is about to take office and many Americans are wondering how 2017 could affect their bottom line.


Department of Labor signs agreement with VEC to protect workers from misclassification

The Department of Labor and the Virginia Employment Commission signed an agreement intended to protect employees’ rights.

McAuliffe announces new private sector sponsorship for MACH37 Cyber Accelerator

Amazon Web Services, Inc. (AWS) has agreed to participate as a Platinum Sponsor of the MACH37 Cyber Accelerator program.

terry mcauliffe

McAuliffe signs Food Crop Donation Tax Credit bill

Governor Terry McAuliffe today ceremonially signed the Food Crop Donation Tax Credit legislation.


Alcoa to invest more than $8 million to expand manufacturing operation in Henry County

Alcoa will invest more than $8 million to expand its aerospace forging capabilities at its manufacturing operation in Henry County.

Worst corporate welfare criticism ever

Leave it to someone at the Cato Institute to write a column attacking corporate welfare on the grounds that it victimizes the recipients.

robert hurt

Robert Hurt: Encourage economic prosperity

This past week, Congressman Jeb Hensarling, Chairman of the House Financial Services Committee, introduced a robust plan to replace the Dodd-Frank Act.


Robert Hurt introduces bill to improve small business access to capital

Congressman Robert Hurt (R-Virginia has introduced the Investment Advisers Modernization Act of 2016 (H.R. 5424).


SCC advises former licensed insurance agents of possible data breach

The State Corporation Commission is advising former licensed insurance agents of the potential improper access to their personal data by a former contractor.


Governor announces $1 million in Economy Workforce Grants

Seven regional Workforce Development Boards in the Commonwealth were awarded grants to work with small businesses.


Filtroil finds new international customers through State Export Program grant

Filtroil, a Richmond-based provider of industrial oil filtration products, signed multiple distributor agreements with customers.

Ballast Point Brewing and Spirits chooses Botetourt County for East Coast brewing operation

Ballast Point Brewing and Spirits will invest $47.8 million to establish an East Coast brewing operation in Botetourt County.

unmanned aircraft drone

Virginia Tech enables unmanned aircraft testing to survey energy corridors, study long-distance flights

Gov. Terry McAuliffe announced initiatives last week that will further develop unmanned systems technology to strengthen the new Virginia economy.


The connection between employee monitoring tools, performance

Tearing your hair out in frustration over constantly finding your employees either slacking off and simply staring on the screens of their smartphones?


Survey: Spike in bee deaths could impact economy

A survey released this week shows a sharp increase in the death of American honey bees.