This page contains a Flash digital edition of a book.
Bernie Niemeier


bniemeier@va-business.com


Why Virginia? T


he American Dream: It started here. The Vir- ginia Company, founded in 1606, was a joint-stock corpora- tion similar to other international trading companies of its day. From this early commercial ven- ture, the United States ultimately was founded.


Beginning in Jamestown and continuing in Williamsburg and now in Richmond, Virginia’s Capitol is the seat of govern- ment for the oldest continually convening legislative body in the Western Hemisphere.


History is a deeply ingrained part of Virginia’s high qual- ity of life. Thomas Jefferson penned some of our nation’s first thoughts on religious freedom and public education at Monti- cello near Charlottesville. James Madison, considered the father of the U.S. Constitution, devel- oped his ideas on government at Montpelier in Orange County before presenting them to the constitutional convention in Phila- delphia in 1787.


Turning to the present day, Virginia is known as a business- friendly state and a popular loca- tion for business expansion. The commonwealth’s infrastructure includes a major international airport, Washing- ton Dulles, and, one of the East Coast’s largest seaports, the Port of Virginia. Major rail lines running through the state, such as Norfolk Southern and CSX, enhance Virginia’s reputation as a shipping hub.


Virginia’s location is an important competitive advan- tage. The commonwealth sits at the less-congested, southern end of the Washington-to-Boston corridor, with easy shipping via interstate and rail to the nation’s largest population centers in the Northeast.


Photo by Adrienne R. Watson


OurView from the Publisher


Technology impacts every aspect of our lives. Northern Vir- ginia is home to a vibrant commu- nity of government contracting, high-tech and defense compa- nies.


The first wave of technology created personal devices span- ning from transistor radios to laptops to wireless telephones. The next wave of technological innovation includes health-care data, cloud computing, cyber- security and unmanned aerial vehicles. Proximity to the federal government makes Virginia an ideal location for these emerging industries.


Virginia has a highly educat- ed workforce, a statewide system of community colleges (see Page 96 for a profile of Northern Virginia Community College), as well as excellent public and private four-year colleges and universities.


On the legal front, Virginia is a right-to-work state. Pro- business tort laws and relatively low corporate taxes also make the commonwealth a great place to relocate or start a business. Beginning on Page S1 (after Page 38) of this issue you will find the 2016 Virginia Business Site Locator. This special advertising section highlights cities, counties and regions throughout Virginia that are business friendly and business ready. If you are thinking of expansion or relocation, this section is for you.


This month’s cover story focuses on energy security (Page 16). Energy producers are step- ping up in the face of an increas- ingly complex threat environment to keep power plants and infor- mation safe.


Community banking has seen a host of mergers, expan- sions and new entries from other states. A few months ago, our


editors sat down with bank execu- tives from all regions of Virginia to discuss their business challenges, growth opportunities and industry changes that have taken place during the past several years. See what these community-banking leaders had to say on Page 24. Knowing the customer is a key element for community bankers. Their customer service is both high tech and high touch. This issue also includes


coverage of the 2016 Virginia CFO Awards. See Pages 69-86 for the nominees and individual profiles of this year’s crop of top financial officers. Many thanks to Dixon Hughes Goodman, the Virginia Society of CPAs, McGuireWoods, Capital One, Lumos Networks and OnCall Telecom for sponsoring this year’s CFO Awards event. Quality of life, top-notch higher education, solid infrastruc- ture, international logistics, a skilled workforce, access to capi- tal and world-class professional services are just a few of the answers to the question, “Why Virginia?” We think it’s a great place for business and hope you will, too.


www.VirginiaBusiness.com VIRGINIA BUSINESS 9


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84  |  Page 85  |  Page 86  |  Page 87  |  Page 88  |  Page 89  |  Page 90  |  Page 91  |  Page 92  |  Page 93  |  Page 94  |  Page 95  |  Page 96  |  Page 97  |  Page 98  |  Page 99  |  Page 100  |  Page 101  |  Page 102  |  Page 103  |  Page 104