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#41 VBIllini13

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Posted 27 April 2010 - 02:00 PM

View Postcalwinston, on 27 April 2010 - 10:00 AM, said:

Name one thing that Gov Bob McDonnell did to sway Norhtrup Grunman are way? Plus this deal was already in the works way before Gov Bob McDonnell took office (he was sitting on a deal that was already made for him perks and all). Gov McDonnell just had to promise what was already given to Northrup Grumman. Hence that's why CEO Wes Bush called Sen Mark Warner. Many companies that move their businesses have made their decision months before they make the announcement. They just use other states or jurisdictions to try to sweeten the deal with the state they have already chosen. Take the NASCAR Hall of Fame for example. Back in 2005 5 jurisdictions (Richmond, St. Louis, Charlotte, Daytona, Atlanta) turned in competing bids for the Hall of Fame. The one that was selected (drum roll) Charlotte. Why was Charlotte selected amongst the bidders. 73% of the NASCAR teams are centered around Charlotte, NASCAR HQ, and the team owners wanting it in their backyard. So why would NASCAR open it up to a bidding competition? To see if other jurisdictions would essentially give them more money to come to their town. Then they would come back to Charlotte and say that Richmond is giving us $25 million. What can you do to sweeten the deal or we are leaving for Richmond. But always knowing that Charlotte is their choice.

Northrup Grumman mainly works off of government contracts. Just like Lockheed Martin, Boeing, General Dynamics, etc. Many of these companies use the federal government by charging close to three times the actual cost to build or whatever service they provide. During my tour as a Aviation Ordnance Technican in the Marine Corps, I was in charge of inventory control for my department. I had access to the list price of what companies charged us.  Everything from a F-18 to a $20,000 bolt. Im sorry but $50,000 for each 6 foot trailer that were essentially trailers attached to a back of a truck to haul loads is ridiculous in my book. I sometimes balked at the outrageous purchases I had to make. This was my money also. You have politicians drawing up contracts with little perks that are not accountants, financial analyst, etc. The cost we are paying as taxpayers is enormous so these companies can thrive and become larger. You are right its not big governemnt it is a big waste of taxpayer money. The federal, states, and cities needs to get these things under control or this country will go bankrupt with these outrageous contracts.Posted Image

Interesting points...

 

#42 calwinston

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Posted 28 April 2010 - 10:16 AM

"Can Virginia stay at the top of the list?"
Virginia has been ranked the best state for business the past 4 years by Forbes Magazine. Ironically we probably could be at the top this year also.
"Luckily, the numbers-oriented methodology used by Forbes.com doesn’t measure things like traffic congestion, inadequate highway funding or state budget cuts."

http://www.virginiab...he-list/204017/

Many people are crying that are transportation problems will hurt are ranking with Forbes. Dont get me wrong our transportation infrastructure needed to be fixed yesterday. But in hindsight in does not effect are ranking with Forbes.Posted Image



#43 calwinston

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Posted 30 April 2010 - 12:34 PM

'Recession failed to slow Virginia’s fastest-growing companies'

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The company at the top of the Fantastic 50, ITA International Inc., grew by 5,778.82 percent from 2005 through 2008, a period that included 13 months of the worst economic downturn since the Great Depression. That pace was more than double the 2,603.54 percent growth rate of last year’s top company in the Fantastic 50.


http://www.virginiab...the-whirlwinds/

Edited by calwinston, 30 April 2010 - 12:37 PM.


#44 calwinston

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Posted 17 May 2010 - 10:02 AM

Chief Executive Magazine has ranked Virginia as the fourth best state for business. Virginia is behind Texas, North Carolina and Tennesee.

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The survey asked 651 CEOs to rank their experience with each state based on taxes and regulation, quality of work force and living environment.



The listing is one of Virginia’s many top rankings on business-friendly lists. For the past four years, it has topped Forbes.com’s annual list of Best States for Business.


http://www.virginiab...usiness/204418/

#45 calwinston

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Posted 18 May 2010 - 10:14 AM

"DIA includes seven Northern Virginia firms in $6.6 billion IT contract"

Of the 11 firms that were awarded contracts, 7 were awarded to Northern Virginia firms.
A little know fact is that a little over half of the countries internet traffic past through servers that are located in Virginia. Also Northern Virginia has the second most concentration of technology companies after Silicon Valley. (Bay Area)(San Francisco, Oakland, San Jose, CA)

http://www.virginiab...ontract/204442/

#46 calwinston

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Posted 14 July 2010 - 10:15 AM

Virginia has fallen back into second place for  the CNBC study for the "Americas Top States for Business". Texas was number one this year!. Texas and Virginia have been trading places for the past 4 years on the survey! The reason Virginia fell into second place was the high cost of living! Which compared to Texas is high.
Virginia can still claim the number one spot on the Forbes list which it has held for the past 4 years!

Quote

Virginia comes in second overall this year, but the Old Dominion State still has plenty for which to be proud.

In the Business Friendliness category, which measures the states’ legal and regulatory climates, Virginia is second only to neighboring Delaware. And Virginia offers a diverse economy, making it chock-full of business opportunities, from imports and exports to government contracts in the state that is home to the Pentagon. “Hampton Roads has the third largest port in the country. That, along with heavy military presence usually provides for a stable economy,” says WAVY-TV’s Schaad, who also notes that federal stimulus money, particularly in the area outside Washington, D.C., is keeping overall unemployment well below the national average.
http://www.cnbc.com/id/37642856
http://www.cnbc.com/id/37554006/
http://www.cnbc.com/...40958703&play=1
http://www.cnbc.com/id/37875509



#47 dbull75

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Posted 14 July 2010 - 10:26 AM

^ Texas has housing that is very inexpensive and no state income taxes. People are moving there in droves as it's unlike anywhere else in the country now. I have a friend (actually in Richmond) that is moving to the Dallas area for a job next month and he was blown away at what you can get there. Houses with a pool in the backyard are a staple.

#48 calwinston

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Posted 16 July 2010 - 10:48 AM

'McDonnell prepares to leave for European trade trip'

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The trip, which McDonnell's staff is billing as a chance to market Virginia overseas, has been built around the Farnborough Air Show, taking place outside London. He'll be holding a series of meetings with business executives, including Rolls-Royce, and will get together with the Dutch Minister of Economic Affairs and energy ministers in the UK.

Maureen McDonnell will meanwhile push Virginia wine and agricultural products.

McDonnell said that almost 50 percent of all capital investment in Virginia over the past six years came from international companies, and overseas trips are key to spurring the job growth necessary to stabilize the state's economy.

"Our foremost priority is getting Virginians back to work, and we recognize that job creation cannot be accomplished within the confines of the United States alone. We need to sell Virginia products to the world, and invite the world to invest and create jobs right here," he said................

McDonnell was also celebrating some good news on the job front Thursday, announcing in a morning news conference that 71,500 jobs were created in Virginia in the first half of 2010, the third-best such figure in the country.


http://voices.washin..._fo.html<br />
Virginia's Secratary of Commerce and Trade Jim Cheng has been traveling all across the world since being appointed sometimes on his own dime and staying with friends to lure companies to Virginia. In my book he's going leaps and bounds above and should be commended by all Virginians for the job he is doing!  
:thumbsup:




#49 calwinston

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Posted 02 August 2010 - 04:00 PM

"Biomedical research lab draws attention"

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By opening a $50 million Biomedical Research Laboratory (BRL) in June, George Mason University intends to position itself on the front lines of efforts to combat infectious diseases and bioterrorism.The 52,000-square-foot fac&shy;ility is one of 13 regional biocontainment laboratories being built nationwide with competitive grants from the National Institute of Allergy and Infectious Diseases. But GMU officials say that in addition to seeking medical breakthroughs, BRL will be an economic engine for the region.
http://www.virginiab...tention/261640/



#50 calwinston

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Posted 03 August 2010 - 11:45 AM

Businesses expnading in Southside Virginia

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Dominion Virginia Power and Halifax County have proposed building a 4 megawatt demonstration solar power and battery storage plant in the county. The $28 million investment would mean 150 jobs and help Dominion meet goals for renewable energy projects. The deal is dependent on a $5 million grant from the Virginia Tobacco Commission and approval by the State Corporation Commission. (Danville Register & Bee)

Monogram Food Solutions LLC, a Memphis, Tenn., producer of snack foods, will invest $4 million to expand production capacity at its Henry County plant, creating 150 jobs. The company makes snacks such as jerky, cheeses and beef sticks. (Richmond Times-Dispatch)
http://www.virginiab...st-2010/261624/




#51 calwinston

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Posted 05 August 2010 - 06:26 PM

"Virginia snags No. 1 spot on “most pro-business” states list"

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Pollina Corporate has named Virginia “America’s most pro-business state” for the second year in a row.
Virginia has also held the top spot on the list in 2003. Each year, Pollina ranks states based on 31 factors that can be controlled by state governments, including taxes, education, right-to-work laws, energy costs, infrastructure spending, workers compensation laws, economic incentive programs and economic development efforts.
http://www.virginiab...es-list/275385/
http://www.pollina.c...ns/probiz~1.htm

Edited by calwinston, 05 August 2010 - 06:27 PM.


#52 calwinston

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Posted 06 August 2010 - 11:00 AM

Virginia Tech and General Motors Co. have announced the creation of a tire research center in Southside Virginia.

The National Tire Research Center, an advanced tire research and test facility, has been established and will be located next to Virginia International Raceway in Halifax County, according to a news release from Virginia Tech.

The center is expected to create up to 183 new jobs by 2020 and generate more than $12 million in testing and research expenditures within five years.
http://www2.godanriv...unty-ar-415224/



#53 calwinston

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Posted 23 August 2010 - 01:49 PM

Virginia is open for business, in case you didn’t know. The Virginia Department of Transportation just spent $17,000 getting that message out by installing the small signs that read “Virginia: Open for Business” beneath the 17 larger welcome signs around the state. This one is the sign near Richmond International Airport.

Gov. McDonnell spokeswoman Taylor Thornley told the Washington Post’s Anita Kumar, “These signs are a small, but creative, way of continuing to get that positive message out and helping to bring new employers and new jobs to every corner of the Commonwealth.”

You can read more on Kumar’s blog here.

So what do you think, is it worth it?
Looks a little desperate to me
Posted Image
http://www.richmondb...-but-short-17k/



#54 VBIllini13

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Posted 23 August 2010 - 04:43 PM

View Postcalwinston, on 23 August 2010 - 01:49 PM, said:


So what do you think, is it worth it?
Looks a little desperate to me

I think it's better than the Obama administration putting up signs that say that this project is being funded with our taxpayer dollars through the "Stimulus."  The government paid (through taxpayer dollars) $5 million for those signs to say that "Hey look! We're spending your taxpayer dollars not only on this project, but on this enormous sign too!"  These signs literally advertise they''re spending stimulus money.  What Virginia is doing is trying to attract businesses to the state.  It's not how I would spend the money and I think there are better uses for tax dollars, however.

#55 burt

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Posted 27 August 2010 - 02:50 PM

Microsoft Corp will put its latest generational data center in Mecklinburg County.  The investment is just short of $500 million and will initially employ about 50 people.

Mecklinburg County is near the North Carolina border near South Hill.

From breaking news at the Richmond Times Dispatch:

http://www2.timesdis...ater-ar-476140/




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