Tranlin: A Team Effort, Part I
Part I: The Government Side of the Deal
The Tranlin investment announced on Wednesday marked a milestone in Virginia history. With most groundbreaking events, a single party cannot be held responsible for the entire accomplishment. This project was no different.
Various departments from the state, regional, and local governments worked together to make Tranlin happen.
It all began with a connection to the University of Virginia that generated a state lead for the project. From there, the Virginia Economic Development Partnership asked for land and site opportunities that met the prospect’s requirements from three regions: the Danville area, Hampton Roads and Greater Richmond. Sites in Chesterfield and Henrico counties were submitted for consideration in Greater Richmond.
The Greater Richmond Partnership pitched these sites, along with Danville and Hampton Roads presenting their opportunities, to Tranlin representatives on multiple occasions during the fall of 2013 and the early winter of 2014.
The Greater Richmond Partnership then worked with the two local economic development offices in Chesterfield and Henrico to coordinate site visits in September and October 2013.
Tranlin chose Chesterfield’s James River Industrial Park as their preferred site in December 2013. Chesterfield County took command at this point, handling any questions or requirements Tranlin had before closing the deal in June 2014.
Check out the Chesterfield Business blog next week for Part II: The Private Sector’s Role!