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Return to Virginia Business - January 2005

News and  Features


Capitalizing on history in time of change

by Robert C. Powell III
Virginia Business
January 2005

“One cannot approach Virginia, this state in which the roots of American nationhood (and Southernhood) go so deep, the state of Washington and Jefferson and Madison and Patrick Henry, without a certain measure of reverence.” That was the opening sentence in the chapter on Virginia in “The Book of America,” an examination of the culture and politics of the 50 states written 20 years ago by Neal R. Peirce and Jerry Hagstrom. Tourism officials are betting that kind of fascination with Virginia’s history still holds. Contributing writer Lisa Antonelli Bacon reports that the state is pulling out all the stops to promote historic attractions in connection with Jamestown’s 400th anniversary in 2007.

Another type of campaign soon will be under way at the Capitol as the General Assembly convenes. Contributing writer Garry Kranz says that the major question facing the legislature is what to do about funding transportation projects. Kranz looks at competing proposals for financing roads and rails while the editors of Virginia Business talk with Gov. Mark R. Warner about his plans for his final legislative session.

One of the issues before the legislature will be granting charter status to three of the state’s most prominent universities. Charter status would give them greater flexibility. Contributing writer Heather Hayes reports that the state’s business schools already have shown their flexibility in adapting programs to the changing demands of industry.

Virginia’s business schools are playing to their strengths. That is a strategy that economic development officials have perfected. Contributing writer Donna Gregory reports that, in the Gateway Region around Petersburg, strength lies in the area’s manufacturing history. While manufacturing has waned nationally, the Gateway Region still boasts a strong factory base and has the infrastructure to attract more industrial prospects. Gregory also looks at the surprising growth of Service Center Metals, a startup company founded by three former Reynolds Metals managers.

If Peirce and Hagstrom were writing their book today, I hope they would still be awed by Virginia’s history. But I think they also would be impressed by the changes that are taking place today, some of which we have tried to capture in this issue of Virginia Business.

Robert C. Powell III
Editor
rpowell@va-business.com

Return to Virginia Business - January 2005


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