Pollina Corporate recently released their top 10 pro-business states for 2010 rankings, and they named Virginia as the most pro-business state in America. The nomination came based on the findings from a study that examined states on 31 factors, including: taxes, human resources, right-to-work legislation, energy costs, workers compensation laws, economic incentive programs, etc. Among those filling out the top five include: Utah, Wyoming, South Carolina, and North Carolina.
Governor Bob McDonnell released the following remarks regarding the rankings.
“Pollina has pointed out what we’ve known here in Virginia for a long time—that we are the best state in America for business. That’s no small feat in such a tough economy. Pollina clearly recognized the pro-business atmosphere and first-class educational system we have built here in Virginia. And that work is ongoing. This past General Assembly Session, we were able to secure a robust package of economic development incentives which we’re using around the state, country and world to create jobs for Virginians. In addition, we will continue to take an ‘all of the above’ approach to our energy future to work towards Virginia becoming the energy capitol of the east coast. This too will create the high-skill, high paying jobs that Virginians need.”
“Over the past six months, our team has announced 131 projects in Virginia, creating nearly 8,000 jobs with a capital investment of $1.3 billion. This is a great start, but it’s just a start. The more announcements we make, the more jobs we create for Virginians. By keeping taxes and regulation and litigation at a minimum, we are ensuring that major employers, like Northrop Grumman, will continue to invest in the Commonwealth, bringing with them jobs and opportunities for all our citizens. Just this week we announced that another major Virginian employer, DuPont, would reinvest in a new $20 million facility Chesterfield. It’s a great honor for Virginia to be named the most pro-business state in America. We are going to do all we can to ensure that we stay there in the years ahead.”
Congratulations to the Commonwealth of Virginia for this honor. Hopefully, they can continue this trend.