Business Facilities - December 2008 - (Page 53)

COVER STORY 2008 Economic Development Deal of the Year Awards (Continued from page 12) $500 million for future manufacturing projects in its defense and civil aerospace businesses. The Virginia facility will assemble and test the RB282 engine, selected by France’s Dassault Aviation for its new super-midsize business jet, potentially the first in a family of small engines for corporate and regional jets. The plant also will have the capability to produce components for the F136, an advanced engine that the U.S. Department of Defense is developing for its Joint Strike Fighter. VGR acted as a liaison between Prince George County, the Commonwealth of Virginia and Rolls-Royce, providing a mix of local and regional information in a 150-page package and through regional tours that highlighted the quality of life and relocation services in the region. In its award nomination, VGR specifically cited Virginia Economic Development Partnership and Prince George County Economic Development for the key roles they played in bringing the project to fruition. Transportation infrastructure was a key concern for RollsRoyce. VGR offered a well-developed infrastructure that boasts central positioning on the East Coast and close proximity to major ports, and facilitated discussions between Rolls-Royce and the Virginia Department of Transportation to discuss potential traffic issues and to gain an understanding of future Governor Tim Kaine Idaho Falls - “28th best small place to set up a small business” (Forbes, 2008) Idaho - “5th lowest cost of doing business” (2007 and 2005) Idaho - “No end in sight for Idaho’s growth” (USA Today, 2007) Idaho Falls - “2nd best affordable places to live and work” (Sperling’s Best Places, 2007) Idaho Falls - #11 top appreciating US Markets (Housing Predictor, 2008) James M. G Rolls-Royce uyette, president an d CEO of North Am announce er the new m ica, and Gov. Kaine anufacturi ng center. transportation needs and improvements that will be required by the new plant. As a result, a progressive traffic plan was created and a $6-million grant from the Governor’s Opportunity Fund was approved to help finance future infrastructure needs. Virginia’s Gateway Region is made up of five counties (Chesterfield, Dinwiddie, Prince George, Surry and Sussex) and three cities (Petersburg, Colonial Heights and Hopewell) in central Virginia with a combined population of approximately 451,000. Business Facilities congratulates Virginia’s Gateway Region for its selection as the site of the RollsRoyce manufacturing center and for this well-deserved recognition as the winner of our 2008 Economic Development Deal of the Year Gold Award. Continuing Our Energy Legacy Grow Idaho Falls Welcomes PHOTO CREDIT: VIRGINIA'S GATEWAY REGION www.growidahofalls.org 208-522-2014 or 800-900-2014 #4103 at www.BusinessFacilities.com http://www.growidahofalls.org http://www.growidahofalls.org http://www.BusinessFacilities.com

Table of Contents Feed for the Digital Edition of Business Facilities - December 2008

Business Facilities - December 2008 Contents First Word Snapshots Corporate Moves: North Carolina Gold Award: New Engine for Growth in Virginia Silver Award: Tennessee Gets the Big Prize Bronze Award: Enrichment in Idaho Falls Honorable Mentions International Reach From America's Heartland Supply Chain Priorities Metro Spotlight: Greenville/ Spartanburg, SC The Magnolia State Has It All A Real Estate Mega-Merger State of the Year Ask the Expert Advertiser Index

Business Facilities - December 2008

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