Virginia Selected as 2024 State of the Year
Business Facilities has announced it has selected Virginia as its 2024 State of the Year.
Since 2007, Business Facilities presents the annual State of the Year award based on overall business environment and success in economic development.
The evaluation conducted by the editorial team focuses on significant factors impacting corporate relocation and expansion decisions.
Previous recognition of the Virginia business climate by Business Facilities includes: 2021 Best Overall Business Climate and 2018 State of the Year.
Topsoe Wins 2024 STEM Impact Award
As part of the Deal of the Year Awards, Business Facilities editors recognize projects from the pool of entries for the magazine’s 2024 Impact Awards.
These awards showcase corporate relocation and expansion investments that are having, or are expected to have, a significant impact on the communities in which they are located.
Business Facilities’ 2024 Impact Awards feature 20 projects across a range of categories.
Topsoe’s $400 million investment in Chesterfield County won the Impact Award in the STEM category.
The Danish manufacturer and global leader in carbon emission reduction technologies will create 150 new jobs and manufacture advanced, energy-efficient Solid Oxide Electrolyzer Cells (SOEC) that are essential in the production of clean hydrogen.
To support the next generation of innovators, Topsoe also plans to launch the “Topsoe STEM Scholarship” program which will award five $10,000 one-year scholarships to seniors from Chesterfield County high schools continuing their education in a STEM major in college.
Chesterfield Economic Development worked with its partners, the Greater Richmond Partnership and the Virginia Economic Development Partnership, to secure the project for Chesterfield.
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CONTACT
Chesterfield Economic Development
Contact: Matt McLaren
Email: mclarenm@chesterfield.gov
