Virginia has reclaimed its spot at the top of CNBC's listing of best states in the nation to do business.
The state clawed its way back after slipping to No. 2 behind Texas last year on the financial news cable network's rating, netting the highest point total in the history of the rankings.
In an appearance on CNBC from Mount Vernon on Tuesday, Gov. Bob McDonnell touted the state's new incentives and his travels around the state and globe to market Virginia.
"Businesses have more confidence in a state if they see the government is run well, run more like a business, and that's the place they want to locate," he said.
His administration's focus has been on installing policies that will help businesses create jobs, he said in a statement, by keeping taxes low, controlling government spending, having a strong "right to work" law, and making investments in transportation, economic development and higher education.
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