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Construction spending in January posts biggest year-over-year increase since 2006
Gains from multifamily and public construction help provide a 9.3 percent boost.
Moving along
Central Virginia economic development officials are optimistic about the region’s direction despite the slow improvement of the national economy.
A healthy boost
In landing The Vitamin Shoppe’s nearly 312,000-square-foot distribution center, there was no hard sell, says Edwin Gaskin, economic development director for Hanover County.
A solid year
The Hampton Roads Economic Development Alliance, which promotes the region around the globe, assisted in six company projects and almost $30 million in capital investment.
A new focus
Northern Virginia had a strong year in 2013, thanks to an overall focus on diversification.
Staying put
Global energy company AES has decided to keep its headquarters in Arlington county.
In transition
Southern Virginia is relying on more than Southern charm to drive economic development in the region.
Chemical reaction
Eastman Chemical is investing $40 million to expand its 500,000-square-foot plant in Martinsville.
Picking up speed
After decades of decline in manufacturing and years struggling to recover from the Great Recession, Southwest Virginia’s economic revival made big strides in 2013.
Two for one
A decision by Luxembourg-based Ardagh Group to spend $93.5 million creating a can factory in Roanoke County ranks as one of the largest new investments in Virginia last year.
Fed by food companies
Two of the year’s biggest announcements involved significant expansions by longtime members of Shenandoah Valley’s corporate community.
