Virginia Named ‘Top State for Business’ in CNBC Ranking
(July 10, 2019) Governor Ralph Northam today announced that CNBC has named Virginia America’s “Top State for Business” in 2019. CNBC unveiled Virginia as the top state for business this morning during a live broadcast from Shenandoah River State Park, and Governor Northam was on location to discuss the announcement. The top ranking is determined by CNBC following an extensive study of all 50 states based on 64 metrics in 10 categories of competitiveness. Virginia is tied with Texas for most years named top state for business by CNBC, with wins in 2007, 2009, 2011, and now 2019.
Metalsa Structural Products, Inc., an automotive solutions provider, will invest $6.4 million to expand its manufacturing operation in Botetourt County. Virginia successfully competed with Mexico for the project, which will create 25 new jobs. 
