GLOBAL LOGISTICS FORUM MARTIN BRILEY CEO, VEDP DECEMBER 7, 2011
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1 GLOBAL LOGISTICS FORUM MARTIN BRILEY CEO, VEDP DECEMBER 7, 2011
2 VEDP MISSION STATEMENT To enhance the quality of life and raise the standard of living for all Virginians, in collaboration with Virginia communities, through aggressive business recruitment, expansion assistance, and trade development, thereby building the tax base and creating higher income employment opportunities.
3 BOARD OF DIRECTORS Stephen R. Adkins Chief, Chickahominy Tribe G. William Beale President and CEO Union Bankshares Corporation Edie M. Bowles Executive Director Bay Rivers Telehealth Alliance R. B. Clark Charlotte County Administrator Mark D. Heath President and CEO Martinsville-Henry Economic Development Corporation David Hudgins Director, Member & External Relations Old Dominion Electric Cooperative Hugh D. Keogh Chris A. Lumsden CEO, Halifax Regional Health System Stuart S. Malawer Distinguished Professor of Law and International Trade George Mason University John F. Malbon President and CEO, PAPCO, Inc. David Oliver President, Oliver Cleaning Service
4 BOARD OF DIRECTORS Julien G. Patterson Chairman OMNIPLEX World Services Corporation Dan M. Pleasant Chief Operating Officer, Dewberry A. Carole Pratt, D.D.S. Ruth A. Sandoval CEO, BusinessconX Samuel A. Schreiber Regional Executive, Mid-Atlantic Wells Fargo Donald W. Seale Executive Vice President & CMO Norfolk Southern Corporation James E. Ukrop Chairman, Ukrop s Dress Express Neil D. Wilkin, Jr. President and CEO Optical Cable Corporation Ex-Officio: William T. Bolling Richard D. Brown James S. Cheng Glenn DuBois
5 ORGANIZATIONAL CHART Board of Directors General Counsel President & CEO Human Resources Business Development Warren Hammer Global Logistics Forum International Trade International Investment Research Communications and Promotions Information Technology Fiscal and Support Services
6 VIRGINIA CENTERS OF EXCELLENCE Advanced Manufacturing Energy Information Technology Life Sciences Business Champions Rolls Royce Northrop Grumman Areva Northrop Grumman IBM SAIC Merck Fareva Key Assets CCAM CAPS Coal Nuclear DoD Northern VA IT Community DoD Assets VA Bioinformatics Institute Howard Hughes Medical Institute SRI International Funding General Funds Rolls Royce Match Private Sector Tobacco Commission Venture Capital Angel & Venture Capital Investors Corp. Sponsored Research VA Tobacco Commission Stakeholders Universities, Private Research, Federal Research, Local Economic Developers
7 VIRGINIA S TARGET SECTORS BUSINESS DEVELOPMENT Advanced Manufacturing Food processing Pharmaceuticals Chemicals Natural Resources Security & Services Federal Security Agencies & Providers Information Technology Finance, Insurance, HQ Professional & Business Services Science & Research Clean Energy Biotechnology/R&D Emerging Industries Medical/Federal Labs Transportation Aerospace Global Logistics Automotive Distribution
8 VEDP MARKETING OUTREACH FY 2012 Capture teams focused on the seven targeted sectors Empower marketing Deploy flexibility to adapt resources to align with markets delivering opportunities Emphasis on personal interaction with decision-makers and influencers Strategy includes more than 100 domestic and international marketing events, including: Governor-led Marketing Missions Geographic, Sector, and Virtual Marketing Missions Industry Executive Conferences Corporate One-on-One Meetings (includes monthly outreach to federal targets) Familiarization Events
9 VEDP INTERNATIONAL INVESTMENT Governor McDonnell: Netherlands, UK, Germany July, 2010 Japan, China, Korea May, 2011 France July, 2011 Israel, India November 2011 New representatives marketing Virginia: United Kingdom March, 2011 China May, 2011 India November, 2011
10 THE GLOBAL ECONOMY IN VIRGINIA $67.80 billion 445,497 jobs INVESTMENT Sources: U.S. Department of Commerce Global Trade Information Services
11 VEDP INTERNATIONAL TRADE Virginia s Existing Business Program
12 INTERNATIONAL TRADE PROGRAMS AND SERVICES Trade Manager VALET Trade Missions Global Network STEP Initiative Counseling Education VACWT $15K International business plan Pro bono services Independent Group Nearly 600 companies in 100 VEDP-led trade missions 45 countries 26 research topics 400 projects in last 3 years 17 companies Advanced manufacturing and IT industry focus $20k in services Licensing Due diligence Customs Financing Market entry 100+ participants annually Webinars Export essentials seminars Beyond Virginia 200+ attendees Corporate sponsors Commonwealth s largest trade conference
13 TRANSPORTATION INFRASTRUCTURE IN VIRGINIA Easy Access to Domestic and Global Markets Virginia offers unparalleled transportation opportunities to get you anywhere in the world with ease. Centrally located on the U.S. East Coast, our integrated transportation system of highways, railroads, airports and seaports ensures that you can reach every one of your markets and get shipments from suppliers more efficiently.
14 LOCAL AND STATE PARTNERS DMME DBA VDOT DEQ Virginia s Community Colleges The Port of Virginia APM Terminal Norfolk International Terminals Portsmouth Marine Terminal Newport News Marine Terminal Virginia Inland Port Virginia Department of Rail and Public Transportation Norfolk Southern CSX Metro Washington Airport Authority, Dulles International Airport Local and Regional Economic Development Allies Private business and industry
15 EXAMPLES OF RELEVANT CORPORATE CLUSTERS/PEERS IN VIRGINIA Dulles International Airport MWAA 6m+ sq ft warehouse space in Virginia Over 3m sq ft warehouse space in Virginia Import logistics & regional distribution center Headquarters & distribution center Dollar Tree Family Dollar and Dollar General Martin Brauer Reinhart Food Services
16 THE PORT OF VIRGINIA
17 INTERMODAL VIRGINIA Dulles Internationa l Airport
18 SECTOR OPERATIONAL ADVANTAGES *Unemployment Insurance per employee is a product of the average unemployment insurance tax as a percentage of taxable wages and the taxable wage base (preliminary) **DE and PA Code id 0813 Warehousing Rates effective, 8/1/11 and 7/1/11 respectively
19 SECTOR OPERATIONAL ADVANTAGES No Ye s Right-to-Work Law 2011
20 VIRGINIA S DISTRIBUTION FACILITIES
21 DISTRIBUTION CENTER ANNOUNCEMENTS
22 HOW WE WORK TOGETHER Involve us early with clients or projects What is important to us is understanding: Jobs and wages Total investment Site and building requirements Workforce Confidential projects and Non-Disclosure Agreements Relationships!
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