Virginia News

Virginia Named Business Facilities’ 2024 State of the Year

Governor Glenn Youngkin today announced that Virginia has been named Business Facilities’ 2024 State of the Year, marking the third time the Commonwealth has received this top honor from the magazine. Since 2007, the State of the Year award has recognized a state demonstrating leadership and success in its economic development efforts.

“Virginia is a prime location for businesses of all varieties, and this honor from Business Facilities underscores the work we’ve been doing since day one to make Virginia the best place for business investment and job creation,” said Governor Glenn Youngkin. “The Commonwealth has experienced record job growth from companies that are drawn by our best-in-class talent, infrastructure, and business-friendly environment. I am thrilled that Virginia has earned this recognition from a leading source for site selection experts.”