News
Virginia’s budget surplus could now approach $2 billion
Virginia’s budget surplus could now approach $2 billion Virginia is likely to end the fiscal year next week with a revenue surplus of close to $2 billion, reflecting a strong economic recovery partly fueled by billions of dollars in federal emergency aid as the state emerges from a public state of emergency for the COVID-19 […]
Walraven, Inc. relocating US manufacturing operation to Danville, Pittsylvania County
Walraven, Inc. relocating US manufacturing operation to Danville, Pittsylvania County DANVILLE, Va. (WFXR) — On Thursday, Gov. Ralph Northam announced that Walraven, Inc., a global installation company, will invest $7.15 million to relocate its U.S. headquarters and manufacturing operation from Michigan to Danville-Pittsylvania County, creating 46 new jobs in the area. According to city officials, […]
With Defeat in Connecticut, Will Virginia Drop TCI?
With Defeat in Connecticut, Will Virginia Drop TCI? By Steve Haner. First published by the Thomas Jefferson Institute for Public Policy. Why do Virginia’s leaders run away from the Transportation and Climate Initiative? Could it be because the first state legislature to consider it, in reliably Democratic Connecticut, just adjourned without even taking a vote on the proposed […]
COMMENTARY: Investment in Virginia will strengthen U.S. national security
COMMENTARY: Investment in Virginia will strengthen U.S. national security by: Christopher P. Goyne Many Americans might not realize it, but we are sprinting into a new space race—one involving hypersonic technology that enables flight at speeds of more than 3,000 miles per hour. Just like in the Sputnik era, the United States is in pursuit […]
Editorial: Could Southside or Southwest Va. be a ‘regional technology hub’?
Editorial: Could Southside or Southwest Va. be a ‘regional technology hub’? Why is the price of cars going up so much? Why are so many tech jobs going to so few metro areas? Why can’t Congress get anything done on a bipartisan basis? All good questions and they all overlap — with U.S. Sen. Mark […]
Manufacturers want extra unemployment to end, but Northam’s not budging
Manufacturers want extra unemployment to end, but Northam’s not budging Virginia manufacturers warned Thursday that their inability to hire workers is hurting production and could prompt them to expand automation to replace people on production lines. Brett Vassey, president and CEO of the Virginia Manufacturers Association, challenged a decision by Gov. Ralph Northam to continue […]
Governor Northam Announces U.K. Plastics and Metal Manufacturer to Establish First U.S. Operation in Danville-Pittsylvania County
Governor Northam Announces U.K. Plastics and Metal Manufacturer to Establish First U.S. Operation in Danville-Pittsylvania County MEP Ltd. to invest $6.4 million in Cyber Park manufacturing facility, creating 45 new jobs RICHMOND—Governor Ralph Northam today announced that MEP Ltd. (MEP), a manufacturer of complex plastic and metal components for the aerospace and defense sectors, will […]
EPA Proposes Collecting PFAS Manufacturing Data
EPA Proposes Collecting PFAS Manufacturing Data By Michael Phillis Law360 (June 10, 2021, 9:28 PM EDT) — The U.S. Environmental Protection Agency on Thursday proposed a rule that would require manufacturers of per- and polyfluoroalkyl substances, or PFAS, to provide information about the amount and type of chemicals they have produced. The EPA said the measure is part […]
SBA Export Financing: How to Use an EWCP Loan to Support a Standby Letter of Credit
SBA Export Financing: How to Use an EWCP Loan to Support a Standby Letter of Credit A new fee structure has been put into place for SBA’s Export Working Capital Program (EWCP) that makes these loans more attractive to lenders and borrowers. The Office of International Trade had manufacturers in mind when designing the new […]
Exxon, BP Lead Big Oil Victory in Supreme Court Climate Case
Exxon, BP Lead Big Oil Victory in Supreme Court Climate Case Exxon Mobil Corp., BP Plc, and other energy giants triumphed Monday in an arcane but consequential U.S. Supreme Court case that gives the industry a chance to gain the upper hand in climate litigation nationwide. The justices ruled 7-1 that a federal appeals court should have […]