Governor Terry McAuliffe and senior members of his economic development team have just completed a brief west coast trade mission at the San Diego Biotechnology Conference. Secretary of Commerce and Trade Maurice Jones says the recent success, bringing the Shandong Tranlin Paper Company’s 2 billion dollar investment to Chesterfield County, is building positive momentum and opening the doors for many new prospects and new projects already underway.
Biotech continues to be one of the fastest growing sectors in Virginia. The Richmond based companies, Health Diagnostics Labs and Helio are frequent success stories shared at these events.
Governor McAuliffe personally participated in over 20 meetings during the two-day conference. The trip is the second trade mission for the McAuliffe administration but far from the last. They previously traveled to Chicago in May.
In two weeks the administration will go to Farmborough just outside London for the International Aerospace show.
In October the administration will attend a two-day event in New York City hosted by Forbes magazine, celebrating their designation of Virginia as the best state to do business. Barnett says recognition from Forbes and other leading business experts has been invaluable for the state’s economic success.
In October they will embark on a two-week trade mission to Asia, with stops in Japan, China and Korea.