Virginia was named Business Facilities magazine’s 2024 State of the Year, according to a release from Gov. Glenn Youngkin’s office. This honor recognizes a state that has demonstrated leadership as well as success in its economic development efforts. This is the third time that Virginia has earned top marks from the magazine.
“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 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.” 
According to the release, Virginia was chosen as the 2024 State of the Year for its business-friendly environment, including legislation and incentives, work...