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VIRGINIA SITE SELECTION GUIDE
Welcome to the 2013-2014 Virginia Site Selection Guide. This publication highlights Virginia’s distinctive business-friendly advantages, in addition to providing detailed information about specific locations in Virginia (pages S16 – S17). The first part of this guide will provide a broad overview of reasons Virginia is an ideal place to locate or expand your business. For example, 32 Fortune 1,000 companies – the largest public companies in America – call Virginia home. Virginia is also home to world-class research institutions. To find out how these higher education institutions are boosting economic development in the commonwealth, see page S13. Over the past year, many companies have chosen to expand or locate in Virginia. For example, Amazon Web Services is adding 500 jobs in Fairfax County, and Red Sun Farms is opening a greenhouse facility in Pulaski County, creating 205 jobs. See page S14 for more new investments in Virginia.
Why Virginia? Let’s count the ways… Strong Economy: Some of the country’s largest and most influential firms call Virginia home.
Innovative: College, universities and research development facilities are leading research th from medical, to automotive and technology
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17,300+ high tech companies 70+ firms with annual revenues of more than $1 billion are headquartered in Virginia Home to 32 Fortune 1,000 companies 700+ internationally owned businesses from 45 countries around the world have Virginia locations $18.2 billion exported merchandise in 2012
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Pro-business environment: Low operating costs, among other factors, make Virginia an appealing state to operate your business. • • • • •
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Right-to-work laws allow individuals to work regardless of their union membership AAA Bond Rate since 1938, longer than any other state 6 percent corporate income tax rate hasn’t been raised since 1972 Governor’s Opportunity Fund helps localities land economic development deals Low operating costs: 3rd lowest workers compensation costs among states, 2nd lowest unemployment insurance tax, and building costs are 8 to 22 percent lower than the national average AUGUST 2013
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Virginia is home to the highest concentra of technology workers in the country. The commonwealth has the fourth high-techno employment in the country. (Cyberstates 2 Ranked No 1. for STEM job creation, No. STEM job growth among states, according U.S. Chamber of Commerce’s annual Ente States study 12 research parks that allow for collaborat between universities, private companies a federal labs 11 federally funded research and develop centers, 20 federal laboratory consortium The National Institute of Aerospace, a p NASA Langley Research Center, conducts with multiple universities including Virgini and the University of Virginia. Location of several major private, nonpro research institutions, including SRI’s Cente Advanced Drug Research and Howard Hu Medical Institute. Wallops Flight Facility on Virginia’s Easte hosts the Mid-Atlantic Regional Spacepo which will be used for resupply missions to International Space Station.
VIRGINIA SITE SELECTION GUIDE
Transportation: Virginia’s transportation system gives you access to international and national markets through its seaports, airports, highways and railroads. • • • • •
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Quality work force: Virgin Virginia nia i has as dant, skilled w ork force. e. an abundant, work •
Two of the nation’s largest airports, 14 commercial airports Two of the nation’s largest railroads: CSX Corp. and Norfolk Southern Corp. Six major interstates, 70,000 highway, primary and secondary road miles 14 railroads, 3,500 railway miles 6 foreign trade zones
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Quality of life: The commonwealth’s an ideal place to work and live with a rich history and outdoor and cultural activities. •
Best State to Make a Living in 2012 (Moneyrates.com rating) $20.4 billion generated from tourism, supporting 207,00 jobs 119 national historic landmarks, 22 national parks, 35 state parks Home to more than 200 wineries 220 public golf courses are located in Virginia Historical landmarks include Colonial Williamsburg, Jamestown Settlement and Monticello
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Excellent education: Vi Virginia’s V rginia’s educ education ca ation on syste system em helps shape e it itss st stel stellar ellar work force, fr ffrom o the om he elementary a and secondary school level nd sec econ o da d ry sch hoo o l le eve el to institutions nss of h higher ighe ig h r ed educ education. ucat uc atio ion. n. •
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• Foreign Investments: More than 700 foreign companies have locations in Virginia, but just how much money are they investing in the commonwealth? Look below to see a sampling of the largest foreign investments in Virginia from 1980-June 2011 (Figures are in millions). • • • • • • • • • •
Japan: $2,047 Germany: $1,974 UK: $1,300 Sweden: $746 France: $657 Canada: $577 Denmark: $508 Israel: $286 Australia: $235 Switzerland: $208
5th lowest owest unioniza ow unionization zati t on rrate ate at e iin n the co country percent) oun untr tryy (5.5 5 percent n) 475,000+ 000+ students attend 00 Virginia higher nia ia iinstitutes nstitutes off hig ghe h r learning ing 21,000 00 0 do doctoral scientist scientists ts an a and d engineers, neer ne ers, s among the e highe highest hesst entr en trations in th he na ati t on concentrations the nation 18,000 00 people leave the aryy in Vi Virg r inia each h year ar,, military Virginia year, providing id din ing g a skilled supp supply ply o off workers erss er Work-force k-f -for orce ce tra training aining g assistan assistance ance ce offered ed th tthrough r ug ro u h the Virginia Viirg gin inia i ia Jobss IInvestment n esstment Program nv
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Fourth best bestt in o overall v rall ve education system ranked on sy yst stem em as ra rank nked by Education Week’s cati ca tion W eek’ ee k s “Quality ty Counts” ” Virginia sstudents tude tu d ntts rank nk tthird h rd hi nationally lly ffor or ach achievement chieve eme ment nt o on n Advanced Placement e P ed lace la cem mentt exams 584,000+ 0+ middle m dd mi ddle le and dh high igh ig h school sstudents tude tu dent ntss are pa part art r of Care Career er and Technical chni ch nica call Ed Educatio Education ion n (C (CTE) CTE TE)) courses and programs 15 public, four-year colleges/universities; 50+ private, four-year institutions; 23 community colleges 65+ out-of-state institutions of higher education offer courses at sites across Virginia Source: Virginia Economic Development Partnership
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VIRGINIA VIIR V IRGI RGI GIN NIA NI IA BU IA B BUSINESS US SIIN SIN NES ESS ESS SS
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VIRGINIA SITE SELECTION GUIDE
Yes, Virginia These companies recently said “yes,” to locating or expanding in the commonwealth. Here’s why: The quality of Virginia’s workers was a major draw for Macerata Wheels LLC, which chose to locate its custom wheels business in Danville. The company was attracted to Danville Community College’s precision machining program. “We felt students were being taught to use machines we were going to be using,” says President Mike Farless. “We had a realization almost immediately that this would be a perfect marriage for us to work with them, and them work with us.”
Virginia’s labor force was also a draw for convenience food manufacturer Greencore Group when it decided to expand its first Virginia food processing facility in Stafford County following the acquisition of the former Marketfare Foods. The $5.75 million expansion should create 350 new jobs. “In addition to the skills and capabilities of our current work force, Virginia offers us a great pool of talent to support our recruitment plans, as well as the availability of high quality local products and ingredients, which we can use in our finished products. Furthermore, the county offers business-friendly policies and an excellent transport and logistics network, which is critical to the success of Greencore.” — Liam McClennon CEO for Greencore USA
“The attributes that allow us to remain competitive globally are the quality of the people and the business environment in the valley.” — Craig Hourigan, director of plant operations at Hollister Inc., said in a statement announcing the company’s $29.6 million expansion in Augusta County. Hollister Inc. develops, manufactures and markets medical devices.
“We are so proud to continue to call Chesterfield County home,” Ronen Zohar, CEO of Sabra Dipping Co., said in a statement when his hummus dip company announced an $86 million expansion in Central Virginia, which would add 140 jobs. “Sabra’s newest expansion underscores the fact that Virginia (and the rest of the country) is for hummus lovers. But our growth within Chesterfield specifically speaks to the relationships we have developed within the community and the wonderful environment the state has fostered for growing businesses.”
“The state, regional and local economic development organizations were excellent to work with, providing us with timely information about the benefits of Virginia and Alleghany County,” John Kuehner, vice president of operations for Balchem Corp., said in a statement when his company announced it was establishing its first Virginia operation in Alleghany. The company will manufacture encapsulated ingredients for applications in animal nutrition and health products, investing $10 million and creating 55 new jobs. “We evaluated raw material supply, customer locations, trade infrastructure support and overall costs of doing business. These factors, combined with a significant incentive package, led us to this decision.” Source: News releases, Virginia Business
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Quickfacts: Virginia versus the U.S. POPULATION (2012)
Virginia
USA
8,185,867
313,914,040
6.2% 22.7% 13.0% 50.9%
6.4% 23.5% 13.7% 50.8%
11.0% 14.4%
12.8% 20.3%
86.6% 34.4% 743,070 27.3 minutes
85.4% 28.2% 22,215,303 25.4 minutes
3,387,654 68.4% 21.4% $254,600 2.57 $33,040 $63,302 10.7%
132,312,404 66.1% 25.9% $186,200 2.6 $27,915 $52,762 14.3%
Persons under 5 years (2012) Persons under 18 years (2012) Persons 65 years and over (2012) Female persons (2012)
FOREIGN BORN (data from 2007-2011) Foreign born persons Language other than English spoken at home, percent age 5+
EDUCATION (data from 2007-2011) High school graduate or higher, persons age 25+ Bachelor’s degree or higher, persons age 25+ Veterans, 2007-2011 Mean travel time to work, 2007-2011
HOUSING (data from 2007-2011) Housing units Homeownership rate Housing units in multi-unit structures Median value of owner-occupied housing units Persons per household Per capita money income Median household income Persons below poverty level
Business QuickFacts (2011 data) Virginia Private nonfarm establishments
USA
191,063
7,354,043
Private nonfarm employment
3,029,030
113,425,965
Nonemployer establishments
521,053
22,491,080
Women and minority-owned firms (2007 data) African-American-owned firms
9.9%
7.1%
American Indian- and Alaska Native-owned firms
0.5
0.9
Asian-owned firms, percent
7.0
5.7
Native Hawaiian and Other Pacific Islander-owned firms
0.1
0.1
Hispanic-owned firms, percent
4.5
8.3
Women-owned firms, percent
30.1
28.8
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Virginia: A closer look Virginia: In the News When it comes to business accolades, Virginia’s a media darling. Here are some of the commonwealth’s latest and greatest mentions: •
The commonwealth has consistently been listed on MoneyRates.com’s Best Places to Make a Living, snatching up the No. 2 spot in 2013. Virginia was noted for its high average income, low cost of living and low unemployment.
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Virginia has been a staple on Forbes.com’s Best States for Business list since it was formulated seven years ago, and 2012 was no different. The commonwealth landed the No.2 spot in 2012 for the third year in a row. Forbes highlighted Virginia’s diverse economy, strong incentives and pro-business policies.
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Pollina Corporate Real Estate Inc. also thought highly of Virginia’s business environment. The Old Dominion was No. 2 on Pollina’s 2012 list of Top 10 Pro-Business States. “All 10 top-ranked states should be held up as models for the other 40 states and the federal government,” Pollina says on its website.
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Virginia has remained a top player in CNBC’s America’s Top States for Business list, which has been
around since 2007. The commonwealth tied for fifth place with Utah in 2013. States are ranked on a number of categories for CNBC’s list, including work force and education. •
Virginia was featured in Business Facilities’ Economic Growth Potential ranking, part of the magazine’s 2012 State Rankings Report. The commonwealth was ranked second in economic growth potential, coming in behind Louisiana. The list, which was made up of 10 states, considered business climate, economic development strategies and availability of skilled workers, among other factors.
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According to Cyberstates 2013, which analyses United States’ tech industry, Virginia is the leading technology state in the nation. Ten percent of Virginia’s private-sector workers are employed by tech-companies and it ranks No. 4 in total high-tech employment when compared with the rest of the country.
Industry Employment and Projections (Long term) Percent change
Total, all industries Agriculture, forestry, fishing and hunting Mining, quarrying, and oil and gas extraction Utilities Construction Manufacturing Wholesale trade Retail trade Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional, scientific and technical services Management of companies and enterprises Administrative and support and waste management Educational services Health care and social assistance Arts, entertainment and recreation Accommodation and food services Other services (except public administration)
Estimated 2010
Projected 2020
Change
Total
Annual
3,923,952 57,682 8,596 10,896 182,999 229,827 110,111 398,103 101,632 76,089 120,580 51,509 381,552 73,845 194,688 350,312 386,804 46,535 294,179 125,799
4,623,926 53,526 8,354 10,880 247,486 235,292 126,499 454,590 119,997 82,720 137,719 58,228 522,818 77,928 232,358 432,989 523,900 54,151 335,566 148,068
699,974 -4,156 -242 -16 64,487 5,465 16,388 56,487 18,365 6,631 17,139 6,719 141,266 4,083 37,670 82,677 137,096 7,616 41,387 22,269
17.84% -7.21 -2.82 -0.15 35.24 2.38 14.88 14.19 18.07 8.71 14.21 13.04 37.02 5.53 19.35 23.6 35.44 16.37 14.07 17.7
1.66% -0.75 -0.29 -0.01 3.06 0.24 1.40 1.34 1.68 0.84 1.34 1.23 3.20 0.54 1.78 2.14 3.08 1.53 1.33 1.64
Source: Virginia Employment Commission
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23 Virginia companies on Fortune 500 Twenty-three Virginia companies made this year’s Fortune 500 list of the nation’s largest companies. The 2013 list included three changes from 2012. Huntington Ingalls Industries Inc., the Newport News-based shipbuilder, joined the list at No. 380. The company formerly was the shipbuilding division of Falls Church-based Northrop Grumman Corp. It was spun off in 2011. Gone from the list is Amerigroup Corp., which was No. 385 last year. The Virginia Beach-based health management company was acquired by Indianapolis-based health insurer WellPoint late last year. Also missing from the list was Alliant Techsystems, which was No. 491 last year. The Arlington-based supplier of aerospace and defense products just missed the revenue cutoff this year. The company moved its headquarters from the Minneapolis area to Arlington in late 2011. Of the 22 companies that repeated on the Fortune list, 15 moved down in ranking this year and seven moved up.
Employers by size of establishment
The Virginia companies on the 2013 Fortune 500 list include: Number
Company
Location
Renvenue*
31
Freddie Mac
McLean
$80.6
98
General Dynamics
Falls Church
31.5
120
Northrop Grumman
Falls Church
25.2
127
Capital One Financial
McLean
23.8
153
AES
Arlington
18.2
159
Altria Group
Richmond
17.5
176
Computer Sciences Corp. (CSC)
Falls Church
15.9
210
Dominion Resources
Richmond
13.2
213
Smithfield Foods
Smithfield
13.1
240
SAIC
McLean
11.2
247
Norfolk Southern
Norfolk
11.0
259
CarMax
Richmond
10.5
271
Genworth Financial
Richmond
10.0
297
Owens & Minor
Mechanicsville
8.9
346
Dollar Tree
Chesapeake
7.4
365
Alpha Natural Resources
Bristol
7.0
380
Huntington Ingalls Industries
Newport News
6.7
409
Advance Auto Parts
Roanoke
6.2
421
NII Holdings
Reston
6.1
436
Booz Allen Hamilton
McLean
5.9
448
MeadWestvaco
Richmond
5.6
453
ITT Exelis
McLean
5.5
467
Gannett Co.
McLean
5.4
Unemployment rates
Establishments
0 to 4 employees
142,807
5 to 9 employees
37,364
10 to 19 employees
26,859
20 to 49 employees
19,353
50 to 99 employees
6,903
100 to 249 employees
3,676
250 to 499 employees
1,007
500 to 999 employees
364
More than 1,000 employees
242
Source: Virginia Employment Commission
Source: S ource: e:: Virg e V Virginia inia aE Emp Em Employment m loym me ent en n Comm Commission mmi on mm mmissi
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VIRGINIA SITE SELECTION GUIDE
New startup firms
Average weekly wage by industry
4th quarter 2009
2,135
Total, all industries
1st quarter 2010
2,633
Agriculture, forestry, fishing and hunting
2nd quarter 2010
2,475
Mining, quarrying, and oil and gas extraction
1,372
3rd quarter 2010
2,758
Utilities
1,860
4th quarter 2010
2,568
Construction
1,013
1st quarter 2011
3,090
Manufacturing
1,041
2nd quarter 2011
3,023
Wholesale trade
1,435
3rd quarter 2011
2,405
Retail trade
513
4th quarter 2011
2,518
Transportation and warehousing
901
1st quarter 2012
3,079
Information
1,577
2nd quarter 2012
2,506
Finance and insurance
1,680
3rd quarter 2012
3,977
Real estate and rental and leasing
1,000
4th quarter 2012
3,033
Professional, scientific and technical services
2,017
Management of companies and enterprises
2,117
Source: Virginia Employment Commission
Virginia population projections Virginia population projections
2000
(% change)
613
Administrative and support and waste management
747
Educational services
797
Health care and social assistance
937
Arts, entertainment and recreation
571
Accommodation and food services
334
Other services (public administration)
769
7,079,030
2010
8,001,024
13.02
2020
8,811,512
10.13
2030
9,645,281
9.46
2040
10,530,229
9.17
Source: U.S. Census Bureau, Virginia Employment Commission
Government total
1,133
Federal government
1,654
State government
941
Local government
805
Source: Virginia Employment Commission
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VIRGINIA SITE SELECTION GUIDE
Community Colleges Institution
Location
Phone
Website
Full-time students
President
Part-time students
Total 1
1
Northern Virginia
Annandale
(703) 323-3000
nvcc.edu
Robert G. Templin Jr.
19,209
32,655
51,864
2
Tidewater
Norfolk
(757) 822-1122
tcc.edu
Edna V. Baehre-Kolovani
11,955
18,179
30,134
3
J. Sargeant Reynolds
Richmond
(804) 371-3000
jsr.vccs.edu
Gary L. Rhodes
3,616
9,230
12,846
4
Thomas Nelson
Hampton
(757) 825-2700
tncc.edu
John T. Dever
3,689
7,253
10,942
5
John Tyler
Chester
(804) 796-4000
2,815
7,330
10,145
Virginia Western
Roanoke
(540) 857-8922
Robert H. Sandel
2,569
5,871
8,440
7
Germanna
Fredericksburg
(540) 891-3000
jtcc.edu virginiawestern. edu germanna.edu
Marshall W. Smith
6
David A. Sam
2,396
5,124
7,520
8
Lord Fairfax
Middletown
(540) 868-7000
lfcc.edu
Cheryl Thompson-Stacy
2,016
5,272
7,288
9
Southside Virginia
Alberta
(434) 949-1000
southside.edu
John J. Cavan
1,897
4,145
6,042
10
Piedmont Virginia
Charlottesville
(434) 977-3900
pvcc.edu
Frank Kenneth Friedman
1,231
4,462
5,693
11
New River
Dublin
(540) 674-3600
nr.edu
Jack M. Lewis
1,912
3,171
5,083
12
Central Virginia
Lynchburg
(434) 832-7600
cvcc.vccs.edu
John S. Capps
1,432
3,474
4,906
13
Blue Ridge
Weyers Cave
(540) 234-9261
brcc.edu
John A. Downey
1,566
3,128
4,694
14
Danville
Danville
(434) 797-2222
dcc.vccs.edu
Bruce R. Scism
1,611
2,809
4,420
15
Wytheville
Wytheville
(276) 223-4700
Charlie White
1,295
2,422
3,717
16
Rappahannock
Glenns
(804) 758-6700
Elizabeth H. Crowther
864
2,847
3,711
17
Mountain Empire
Big Stone Gap
(276) 523-2400
wcc.vccs.edu rappahannock. edu mecc.edu
Scott Hamilton
1,412
1,677
3,089
18
Patrick Henry
Martinsville
(276) 638-8777
ph.vccs.edu
Angeline Godwin
1,616
1,463
3,079
19
Southwest Virginia
Richlands
(276) 964-2555
sw.edu
J. Mark Estepp
1,159
1,607
2,766
20
Virginia Highlands
Abingdon
(276) 739-2400
vhcc.edu
Ron Proffitt
1,078
1,492
2,570
21
Paul D. Camp
Franklin
(757) 569-6700
pdc.edu
Paul Conco
450
1,043
1,493
22
Dabney S. Lancaster
Clifton Forge
(540) 863-2800
dslcc.edu
John J. Rainone
465
998
1,463
23
Eastern Shore
Melfa
(757) 789-1789
es.vccs.edu
Linda Thomas-Glover
339
651
990
Source: State Council of Higher Education for Virginia
1 Fall enrollment 2012
Colleges & Universities (Public) Part-time students1
Full-time students1
Charles W. Steger
2,824
28,263
vcu.edu
Michael Rao
6,603
25,149
(434) 924-0311
virginia.edu
Teresa A. Sullivan
2,928
20,979
Fairfax
(703) 993-1000
gmu.edu
Angel Cabrera
12,657
20,304
Harrisonburg
(540) 568-6211
jmu.edu
Jonathan R. Alger
1,535
18,392
odu.edu
John Broderick
7,768
16,902
radford.edu
Penelope W. Kyle
710
8,863
wm.edu
Taylor Reveley
480
7,778
(757) 823-8600
nsu.edu
Tony Atwater
1,452
5,648
Petersburg
(804) 524-5000
vsu.edu
Keith T. Miller
1,009
5,199
Christopher Newport University
Newport News
(757) 594-7000
cnu.edu
Paul S. Trible Jr.
162
5,024
12
Longwood University
Farmville
(434) 395-2000
longwood.edu
W. Taylor Reveley IV
13
University of Mary Washington
Fredericksburg
(540) 654-1000
umw.edu
Richard V. Hurley
14
Virginia Military Institute
Lexington
(540) 464-7230
vmi.edu
J.H. Binford Peay III2
15 U.Va. College at Wise
Wise
(276) 328-0100
wise.virginia.edu
Donna Price Henry
16 Richard Bland
Petersburg
(804) 862-6100
rbc.edu
Debbie L. Sydow
Institution
Location
Phone
Website
President
1
Virginia Tech
Blacksburg
(540) 231-6000
vt.edu
2
Virginia Commonwealth
Richmond
(804) 828-0100
3
University of Virginia
Charlottesville
4
George Mason University
5
James Madison University
6
Old Dominion University
Norfolk
(757) 683-3000
7
Radford University
Radford
(540) 831-5000
8
College of William & Mary
Williamsburg
(757) 221-4000
9
Norfolk State University
Norfolk
10
Virginia State University
11
1 Based on 2012 fall enrollment numbers
2 Superintendent
3 Chancellor
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746
4,088
1,072
4,021
0
1,664
898
1,522
1,008
532
3
Source: State Council of Higher Education for Virginia.
VIRGINIA BUSINESS
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Transportation and infrastructure Expect Virginia’s transportation network to get a major boost over the next few years. The Virginia General Assembly and Gov. Bob McDonnell passed a landmark transportation bill in 2013 that provides new revenue to Virginia’s roadways, bridges and transit infrastructure. The plan is expected to bring in an additional $4 billion in transportation revenues over the next six years, or about $880 million a year by 2018. Regional parts of the plan will bring additional money to the commonwealth’s most congested regions: Hampton Roads and Northern Virginia. The new money means that the commonwealth’s six-year transportation improvement plan has grown by Air travel: Virginia includes 14 commercial airports that provide access to more than 200 destinations around the world. Virginia is also home to two major airports: Washington Dulles International Airport and Ronald Reagan Washington National Airport. Highways: With more than 70,000 miles of interstate, primary and secondary roads, Virginia hosts many important interstate networks: I-95, I-85, I-77, I-66 and I-64. Passenger rail: Amtrak in Virginia reaches more than 20 Virginia locations, including a new stop in Norfolk. The state is currently working on bringing passenger rail to Roanoke. The Virginia Railway Express offers commuter rail service from Northern Virginia suburbs to Alexandria, Crystal City and Washington, D.C. VRE includes 18 stations, as far south as Fredericksburg and as far west as Manassas, S12
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54 percent to $17.6 billion. The commonwealth plans to undergo major paving operations, improvements for bridges, and start to move some shovel-ready projects more quickly. Virginia also has a number of major infrastructure projects underway, including the expansion of Metrorail to Dulles International Airport, dynamic tolling lanes on Interstate 95 and construction of U.S. 460, an alternative route connecting Hampton Roads to Petersburg. In addition to its manmade infrastructure, Virginia’s Mid-Atlantic location makes it a prime location for company headquarters or expansions. Forty percent of the country’s population live within a day’s drive of Virginia.
carrying an average of 20,000 passengers each day. Northern Virginia also is home to many Metrorail stops, bringing commuters into the city. Another new project, The Tide, is a seven-mile light rail project that opened in Norfolk. Virginia Beach is considering constructing its own light rail that would connect to Norfolk. Freight rail: Virginia’s freight railroads are becoming increasingly important. The Port of Virginia now moves about one-third of its container cargo to and from the port via rail. Norfolk Southern and CSX have extensive rail connections in the state. A few years ago, Norfolk Southern opened the Heartland Corridor, allowing double-stacked container trains coming from the Port of Virginia to reach Midwestern markets a day faster. CSX is working on its National Gateway, which would allow double-stacked container trains to ADVERTISING
travel from Northern Carolina, up the East Coast and to the Midwest. Port of Virginia: The Port of Virginia is one of the East Coast’s major seaports, handling 1.2 million TEUs (20-foot equivalent units) in 2012. Cargo through the port is growing quickly, and the port is set to see an increase in container traffic after the Panama Canal expansion is complete in 2015. Virginia’s port is one of only two on the Eastern seaboard that can handle today’s largest ships when fully laden. The Port of Richmond is a multimodal freight and distribution center on the James River at the convergence of interstates 95, 64 and 85. A thrice-weekly barge service brings containers to and from the ports in Richmond and Norfolk. The Virginia Inland Port in Front Royal is an intermodal facility for containers headed to and from West Virginia, Ohio, Pennsylvania Northern Virginia and elsewhere.
VIRGINIA SITE SELECTION GUIDE
Universities promote business When it comes to Virginia’s public universities, forget all ivory tower imagery. These institutions are becoming key tools in Virginia’s economic development efforts. Virginia’s universities are working with businesses to leverage their own research into finding applicable business solutions. They are
Commonwealth Center for Advanced Manufacturing (CCAM) Prince George County ccam-va.com CCAM is a research-based collaboration between manufacturing companies and the University of Virginia, Virginia Tech and Virginia State University. CCAM scientists and university researchers work with member manufacturers to develop “production-ready” business solutions. CCAM opened its 62,000-square-foot research facility next to Rolls-Royce’s jet engine components plant in March 2013. In June, the NASA Langley Research Center joined CCAM to study research and development of new surface engineering technologies and manufacturing systems.
Commonwealth Center for Advanced Logistics Systems (CCALS) Prince George County ccals.com CCALS is a collaboration between industry, government and universities that was launched in December 2012. The organization, modeled after CCAM, is designed to deliver improvements to logistics systems. Members include four universities, two companies and one government organization.
Innovation Research Park @ ODU Norfolk irpodu.com Innovation Research Park is part of a 75acre, mixed-used development on Old Dominion University’s campus that includes two 100,000-square-foot buildings that offer Class A office space and wet and dry laboratory space. The Innovation Research Park was designed to help businesses access ODU’s research and resources, as well as provide proximity to federal labs and military centers.
forging partnerships with businesses, developing corporate research parks and working to grow small businesses at university-based incubators. Following are examples of university research parks and collaborations between universities and businesses around Virginia.
Innovation Technology Park Prince William County pwcecondev.org The 1,600-acre business and technology park targets companies ranging from the biotechnology and information technology fields to government contractors. George Mason University’s life-science campus in Prince William is the anchor of the park.
The Institute for Advanced Learning and Research Danville ialr.org The institute focuses on research in four key areas: sustainable and renewable resources, analytical chemistry, polymers and composites and vehicles. The institute formed as a partnership including Virginia Tech, Averett University, Danville Community College, Pittsylvania County, Danville, the Future of the Piedmont Foundation, the Virignia Tobacco Commission and the Commonwealth of Virginia.
University of Virginia Research Park Charlottesville uvafoundation.com The 562-acre research park is a mixeduse commercial development property. The park is zoned for office, light industry, hotel/conference center, retail and laboratory commercial uses. The business park is designed to be a corporate village setting among natural beauty.
Virginia Advanced Shipbuilding and Carrier Integration Center Newport News vascic.com VASCIC’s state-of-the-art facility hosts representatives from Newport News Shipbuilding, electronic system suppliers, software suppliers, U.S. Navy laboratories and program representatives, and higher education institutions to develop new technologies for aircraft carriers, submarines and other advanced shipbuilding programs.
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Virginia BioTechnology Research Park Richmond vabiotech.com The research park, adjacent to the Virginia Commonwealth University Medical Center, is home to 64 life science companies, research institutes, state/federal labs and more than 2,200 scientists, engineers and researchers. The park is located on 34 acres and consists of nine buildings with more than 1.1. million square feet of research and office space.
Virginia Modeling, Analysis and Simulation Center Suffolk www.vmasc.odu.edu Old Dominion University’s multidisciplinary research center emphasizes computer modeling, simulation and visualization research, development and education. The center’s mission is to conduct collaborative research and development to work with government and private industry.
Virginia Tech Carilion School of Medicine and Research Institute Roanoke vtc.vt.edu Located near downtown Roanoke and adjacent to the Carilion Roanoke Memorial Hospital, research conducted at the institute combines scientific research from Virginia Tech with clinical expertise at Carilion. Research focuses on the molecular basis for health and disease, and development of diagnostic tools, treatments and therapies to help find solutions in today’s medicine.
Virginia Tech Corporate Research Center Blacksburg vtcrc.com The mission of the 230-acre corporate research park is to create a space for hightechnology research companies that can potentially form research partnerships with Virginia Tech. The park is located next to the university’s campus. VIRGINIA BUSINESS
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VIRGINIA SITE SELECTION GUIDE
A sampling of Virginia’s recent economic development announcements
(2012-2013)
SOUTHWEST VIRGINIA
CENTRAL VIRGINIA
Franklin County: Ply Gem Windows, a building products manufacturer, will create 200 jobs in a $9 million expansion.
Campbell County: Commonwealth Applied Silica Technologies’ manufacturing facility will create 300 jobs, a $35 million investment.
Galax: Vaughan-Bassett Furniture Co., maker of wood household furniture, will create 115 jobs in a $5 million expansion. Montgomery County: DISH Network Corp.’s expansion of its customer service center created 200 jobs. Pulaski County: Red Sun Farms’ greenhouse facility will create 205 jobs in a $30 million investment.
SOUTHERN VIRGINIA Danville: China-based GOK International will create 300 jobs and invest $12.5 million on its U.S. headquarters and furniture assembly facilities. Halifax County: Aquatic, a manufacturer of bathtubs, whirlpools, and shower stalls, will create 120 jobs in a $1 million expansion. Henry County: Monogram Snacks, a maker of meat snacks, is expanding and creating 100 jobs.
Hanover County: The Vitamin Shoppe’s new distribution center will create 174 jobs, a $39.4 million investment. Henrico County: Aditya Birla Minacs, a business solutions company, will generate 700 jobs in a $2 million investment. Richmond: Health Diagnostic Laboratory’s expansion will create 706 jobs, a $68.5 million investment.
SHENANDOAH VALLEY Augusta County: Innovative Refrigeration Systems Inc., which makes customized turnkey industrial refrigeration systems, will create 102 jobs in a $750,000 expansion.
Frederick County: McKesson Corp., a distributor of medical and surgical supplies, will create 205 jobs in a $36.9 million investment. Harrisonburg: Tenneco Inc. will create 100 jobs in a $4.7 million expansion.
HAMPTON ROADS Chesapeake: Xerox is expanding its call center, generating 300 jobs. Newport News: Liebherr Mining Equipment Newport News Co.’s expansion will create 174 jobs, a $45.4 million investment. Suffolk: Mills Marine & Ship Repair’s $3 million expansion will create 142 new jobs. Virginia Beach: LoanCare, a division of FNF Servicing Inc., will create 178 jobs, a $1.4 million expansion.
Clarke County: Berryville Graphics’ expansion will create 84 jobs, a $10.6 million investment.
ROANOK REGIONA PARTNERS
Martinsville: Faneuil Inc.’s customer service center will create 100 jobs, a $1 million expansion.
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NORTHERN VIRGINIA Fairfax County: Amazon Web Services’ expansion will yield 500 jobs in a $9.5 million investment. Frederick/Fairfax counties: Navy Federal Credit Union announced two expansions in 2012, creating a total 538 jobs. In Frederick County, Navy Federal’s member service operation will generate 400 jobs, a $20 million investment. The credit union will also create 138 jobs in Fairfax County where it’s based.
Loudoun County: Metron Aviation, a provider of air traffic management products and services for the global aviation industry, will create 350 jobs in a $2 million expansion. Stafford County: Greencore Group, an Ireland-based food manufacturer, announced a $5.75 million expansion that will create 350 new jobs.
Source: The Virginia Economic Development Partnership
CENTRAL VIRGINIA Dallan Construction ................... S16 Lingerfelt .................................... S17 VSBFA ......................................... S19 HAMPTON ROADS Norfolk ........................................ S20 Franklin/Southampton .............. S21 Innovation Research ................. S22 Park @ ODU Virginia Beach ........................... S23 Economic Development NORTHERN VIRGINIA Culpeper County ....................... S25 HITT Contracting Inc. ............... S27 SHENANDOAH VALLEY Harrisonburg .............................. S28
NORT N RTHE RT THE TH HERN H N VIRG V GINIA N NIA CULPEPER COUNTY
Harrisonburg
SOUTHERN VIRGINIA Gigapark .................................... S29 SOUTHWEST VIRGINIA Appalachian Power.................... S30 Roanoke Regional ..................... S31 Partnership Source: The Virginia Economic Development Partnership
SHEN SHEN NANDOA N OA AH A H VALLEY V VA A Y
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CENTRA C TRAL TRA RA VIRGIN V RGIN INIA IN NIA N A SO OUTHE O HER HE HERN ERN ER ERN VIRGINI V NIIA
HAMPTON H HAM HA AMP ON AM RO ROADS RO OA A Norfolk Franklin
VIRGINIA BEACH
SOUTHAMPTON COUNTY
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VIRGINIA BUSINESS
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CENTRAL VIRGINIA:
Dallan Construction
Dallan Delivers. Dallan Construction Inc. is a full service, general contracting firm located in Richmond. We have extensive experience in the planning and execution of commercial and industrial construction and renovation projects. Dallan’s projects have included a wide variety of facility types and have ranged from 1,000 square feet to over 170,000 square feet.
The firm has an excellent reputation, which it maintains through its relationships with satisfied clients, architects, subcontractors and vendors. Dallan secures a majority of its work through negotiated or select bid contracts, frequently with repeat clients.
Visit us at www.dallanconstruction.com.
(804) 421-9326
www.dallanconstruction.com
❖ General Contractors ❖ Design/Build ❖ Project Management ❖ Construction Management S16
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Lingerfelt: CENTRAL VIRGINIA Lingerfelt Companies – Demonstrated Results In A Challenging Real Estate Climate Lingerfelt Companies, headquartered in Richmond, Virginia, is a quality full-service, self-administered and self-managed real estate company with a deeply rooted history of successful real estate acquisition and development. Spanning three generations and more than 55 years in the real estate business, the company has built and acquired in excess of 12.5 million square feet of commercial real estate valued at over $1 billion. Property types include: medical and professional offices, industrial and distribution facilities, data and call centers, elderly housing and nursing homes throughout the Mid-Atlantic and Southeast, primarily in Virginia, North Carolina, South Carolina, Tennessee and Maryland. The company has an exceptional reputation for quality acquisition, development, and institutional asset management, providing unparalleled service to major corporate tenants, Fortune 500 companies and government agencies throughout its history.
Recent Strategic Growth Announcements: Bank of America Plaza (Nashville, Tennessee) In July 2013, Lingerfelt Companies acquired the Bank of America Plaza Tower in Nashville, Tennessee’s downtown market. Located at 414 Union Street, this property totals 435,525 square feet, is 21 stories and occupies a half city block in the central business district. This $41.75 million acquisition takes Lingerfelt’s total Tennessee portfolio holdings up to 919,672 square feet. Innsbrook Corporate Center (Richmond, Virginia) Lingerfelt Companies recapitalized its Innsbrook portfolio, consisting of 14 properties, totaling 1,000,000 square feet in the Innsbrook Corporate Park and surrounding areas, cementing its position as one of the largest owners in the Innsbrook submarket. BioTech 3 Building Complex (Richmond, Virginia) In April 2013, Lingerfelt started the third phase of BioTech 8, a six-story tower within the 34-acre Virginia BioTechnology Research Park in downtown Richmond, Virginia. The project completes this $100 million three-building headquarter complex, totaling 276,000 square feet including a four-story, 485-space parking deck. This facility is an expansion for Health Diagnostic Laboratory, Inc. (HDL, Inc.), one of
the nation’s fastest-growing health management companies, a CLIA-certified and CAP-accredited laboratory. Boulders Office Park (Richmond, Virginia) The acquisition of three Class A commercial office buildings in the Boulders Office Park, totaling nearly 300,000 square feet, becoming one of the largest owners in the Boulders submarket.
OrthoVirginia Building (Richmond, Virginia) Lingerfelt Companies developed one of Virginia’s leading and most technologically advanced orthopedic and sports medicine destinations. For two regional healthcare organizations, OrthoVirginia and HCA Virginia, it is the region’s first-of-its-kind, $25 million, twostory, 70,000 square feet medical facility specializing in orthopedics and sports medicine treatment and rehabilitation.
Lingerfelt Companies can be found on the web at LingerfeltCo.com.
SALUTING BUSINESS S U C C E S S
Innsbrook Real Estate Portfolio
Boulders Office Park Portfolio
OrthoVirginia
Reynolds y Crossing g Heart Institute
HDL Inc. BioTech 8
Nashville Portfolio
Saluting business success in Virginia, Lingerfelt is a performance real estate company offering creative solutions to meet commercial real estate needs and enhance the communities in which we serve. CONTACT: BRIAN WITTHOEFFT
ALAN LINGERFELT
RYAN LINGERFELT
VISIT OUR WEBSITE TO SEE OUR FULL PORTFOLIO OF PROPERTIES: WWW.LINGERFELTCO.COM OR CALL 804.270.0015 ADVERTISING
VIRGINIA BUSINESS
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VIRGINIA IS FOR (small business)
LOVERS
How do we love small business? Lenders, let us count the ways Virginia State Small Business Credit Initiative 1. Cash Collateral Program 2. Loan Purchase Participation Program 3. Economic Development Loan Fund 4. Virginia Capital Access Program Credit Enhancement Solutions designed for Small Business Lenders!
804-371-8254
Virginia Small Business Financing Authority: C E N T R A L V I R G I N I A
Partnering with Virginia’s Banks to Finance Virginia’s Businesses Here is what our bank partners and business clients have to say about the VSBFA “The VSBFA provided access to financing that will promote the growth of our company. Patty Thorne, VSBFA Senior Project Finance Manager, was willing to step in and assist Wells Fargo with financing that enabled us to put the last piece of the puzzle in place to complete our loan package.” Brian Wallace, CFO at Chocklett Press, Inc.
Pictured L to R: Robert Chocklett, President; Mary C. Hartman, Vice President of Purchasing; Bob Chocklett,Vice President of Manufacturing; and Andrew Chocklett,Vice President of Sales.
“We brought VSBFA’s Patty Thorne into a complex lending scenario late in the process with the game clock winding down. Using the Economic Development Loan Fund program, she delivered a funding component which was critical to the project’s success. Our bank was thoroughly impressed by the responsiveness, flexibility, and client focus. More importantly, so was our client as the recipient of a comprehensive solution which addressed both its current situation and its future potential. Michael W. Shaver, Principal Business Relationship Manager/ Vice President; Roanoke Business Banking, Wells Fargo Bank, N.A.
Michael Shaver
“The VSBFA made a difficult deal possible and it wouldn’t have been done without their support. Patty Thorne and the VSBFA team were very professional and their expertise helped move the project forward.” Rob Anderson, Business Development Officer, Wells Fargo
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HAMPTON ROADS:
City of Norfolk
Welcome to Norfolk, Virginia Looking for a great Mid-Atlantic location with terrific sites, available buildings, and a business-friendly community? Then check out “CitySites”—just a click away at www.norfolkdevelopment.com, and look for the logo. It’s that easy! Setting up your business in Norfolk is easy , too. We have a dedicated team of professionals standing by to assist you—they make it their business to help yours. Norfolk is the urban heart of a great Hampton Roads metro area of 1.7 million that features: 1) The world’s largest natural, ice-free harbor; 2) The world’s largest concentration of military installations; 3) Eight great universities and four community colleges; 4) World-class port operations under our Virginia Port Authority; 5) Miles and miles of river, ocean or bayfront living and an unsurpassed quality of life. But, that’s not all. Norfolk is a thriving city recently named an “All-America City,’ nationally recognized for our innovative programs to help America’s tran-
sitioning military get good jobs in the civilian sector. We have these highly-skilled warriors ready to join your business team—today. Also, our efforts with our Neighbors Building Neighborhoods campaign is making Norfolk citizens proud to engage in actively making their communities vibrant, beautiful, and well, neighborly! Norfolk is thriving in another way, with more than $1 billion in new business activity this past year alone. Our city has the region’s only light rail system and we just celebrated the first year of a return of Amtrak passenger rail service leaving our downtown for destinations up and down the East Coast. Go to norfolkdevelopment.com to learn more about how we can help your business be a part of our success story. We look forward to the opportunity to work with you. Please do not hesitate to contact Chuck Rigney, 757-664-4338 and visit www.norfolkdevelopment. com.
Norfolk, Virginia has picture-perfect locations all in one place: www.norfolkdevelopment.com
cityVðWHV Norfolk City-Owned Available Properties
Lake Wright East - 17 Acre Site
From just one click…
Ocean View - On the Chesapeake Bay
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5 Acre Site
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Franklin/Southampton County: H A M P T O N R O A D S
Franklin and Southampton County, two communities collaborating as one The City of Franklin and Southampton County are prepared and poised to accommodate your business expansion. With acres of industrial property located within state-designated Enterprise Zones, these communities in western Hampton Roads have numerous benefits to offer businesses. Pretlow Industrial Park in the City of Franklin includes the following: • 160 acres of publicly owned property • Zoned M-2 heavy industrial • 500,000 gallon water tower • Water and sewer infrastructure • Direct exposure along Highway 58
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Water, sewer infrastructure Natural gas available
Southampton Commerce and Logistics Center in Southampton County offers: • 80 developable acres of publicly owned property • Zoned M-2 heavy industrial • 500,000 gallon water tower • Water, sewer and storm water infrastructure • CSX rail line • Access to natural gas • Service by a state-of theart wastewater treatment plant • Proximity to Highway 58
Both localities offer close proximity to the Port of Virginia, new and expansive infrastructure and a skilled workforce eager for employment. The Paul D. Camp Community College Workforce Development Center in Franklin is an expansive, 32,000 square-foot facility offering innovative training solutions for new and existing businesses. The Franklin Business Incubator provides 40,000 square-feet of flexible space and conference room facilities.
Southampton Business Park • 25 developable acres of publicly owned property • Zoned M-1 light industrial • 150,000 gallon water tower
The entrepreneurial spirit is engrained in the Franklin Southampton Community making it an ideal location for new businesses, from startups to seasoned companies.
Quietly Connecting you to your business location needs
The City of Franklin and Southampton County are: Connected to exceptional business parks and available buildings Connected to the Port of Virginia and exceptional transportation corridors Connected to progressive pro-business local government Connected to the impressive Hampton Roads Region and quality of life Connected to, colleges, universities, and a world class workforce
601 N. Mechanic Street | Suite 300 | Franklin, VA 23851 Ph: 757-562-1958 | ajarratt@franklinsouthamptonva.com
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HAMPTON ROADS:
Innovation Research Park @ ODU
Innovation Research Park @ ODU: your gateway to university assets Innovation Research Park @ ODU has been carefully planned as the platform for leveraging the intellectual capital, innovation and infrastructure of Old Dominion University into an economic development driver for the City of Norfolk, the Hampton Roads region and the Commonwealth of Virginia. Developed by Wexford Science and Technology, IRP currently includes two, 100,000-square foot Class A wet lab/office buildings; but it is far more than real estate. Innovation Research Park @ ODU was intentionally located within a 75-acre, $350 million mixed-use economic development project known as University Village that is home to shops, restaurants, a hotel, bookstore, and a major
entertainment complex; creating a knowledge community that blends live, work, play and learn. Companies locate at IRP to collaborate with ODU research centers, such as the Frank Reidy Center for Bioelectrics Research, the National Centers for Systems of Systems Engineering and the nearby Virginia Modeling Analysis and Simulation Center, as well as to engage the university in everything from hiring its graduates, to conducting research, business mentoring and new product development. Central to these efforts is the ODU Business Gateway, an anchor tenant in IRP. The Business Gateway is a comprehensive suite of business consulting and entrepreneurial services, manufacturing
and technology solutions, training and professional development and veterans business outreach and procurement assistance that provide companies and organizations a single entry point to engage the intellectual capital, innovative technologies and world-class infrastructure of Old Dominion University to solve business problems, create new offerings and unlock operational efficiencies. From small offices to flexible, ready-now wet lab space, to larger build-to-suit footprints, Innovation Research Park @ ODU can meet the needs of companies from startup through maturity and is becoming an important job and economic development driver for the Hampton Roads region.
Innovation Research Park @ ODU currently consists of two 100,000 sq. ft. Class A office/wet/dry lab buildings located within the 75-acre, mixed-use University Village on the campus of Old Dominion University in Norfolk, Virginia. IRP was designed to leverage the access, proximity, and infrastructure of ODU, the surrounding federal labs, and military centers to aid companies at every point in their life cycle. To balance work and life, IRP also has programs that allow tenants to use university health club, tennis, golf, sailing, recreational and other amenities, in addition to the shopping, dining and entertainment offerings found in the University Village. For Leasing Opportunities Contact Don Crigger p: 757.228.1847 e: don.crigger@cbre.com
WWW.IRPODU.COM
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Virginia Beach Economic Development: H A M P T O N R O A D S
Virginia Beach – Best City to Start a Business Virginia Beach, Virginia’s most populous city, has been named the easiest city to start a business in the U.S., and the second-friendliest city to small businesses in 2013. The city is a haven for providing innovative training programs and highly skilled employees to new and existing businesses, with 15,000 retiring military and 12,000 college graduates entering the local workforce each year. International brands such as STIHL Inc., IMS Gear, Busch Manufacturing, Skanska USA and Kriss USA work alongside U.S. companies such as Amerigroup, GEICO, Avis Budget Group, ADS Inc. and LifeNet Health to create a wealth of manufacturing, technology, service and biomedical expertise. A vibrant existing industry retention program ensures companies in Virginia Beach have access to the resources and people they need to meet their long term growth needs, and the city’s excellent infrastructure system ensures customers and suppliers from around the world are always in easy reach. Virginia Beach ranks as one of
recognized as being one of the best in the world. The city recently eliminated its machinery and tool tax, and created a two-year cap on business license fees for new businesses.
the best places in America to get a job because of the diverse range of opportunities available for highly skilled workers. Virginia Beach’s corporate employers offer competitive wages with a cost of living that is 70 percent less than Washington D.C.’s. Add a coastal environment and resort destination and you have the ideal climate for success. Powerful Forces At Work Virginia Beach is built on innovation and partnerships. The city’s leadership appreciates the critical role played by its businesses in creating a sustainable community that provides jobs and investment and also a quality of life
Where Business Meets Pleasure Virginia Beach has been ranked as America’s 8th top city according to Bloomberg Businessweek’s “Best Cities” ranking. Earning that recognition means Virginia Beach offers the cultural and recreational amenities, green space, school performance, nightlife, shopping, museums, environment and overall quality of life that make people want to be there. With Green Flash Brewery’s recent announcement to build their first East Coast facility in Virginia Beach, the reasons to cheer are even stronger. With a landscape ranging from oceanfront beach houses to urban lofts or country homes; businesses, visitors and residents can experience a lifestyle that’s right for them. To learn more about the forecast in Virginia Beach, visit us at yesvirginiabeach.com or call 800-989-4567.
over the past two years in Virginia Beach and we are about to double again.” -Guenter Weissenseel, President, IMS Gear When IMS Gear moved to Virginia Beach in 2000, the company manufactured 8,000 gears annually. This year, they’re projected to hit 14 million—making them one of the top automotive gear manufacturers in the world. It’s an incredible achievement. But they’re not alone. Companies like STIHL, LifeNet Health and Liberty Tax are benefitting from our innovative technical training programs and highly skilled workforce—where 12,000 college graduates and 15,000 exiting military enter the job market annually. Contact the Virginia Beach Department of Economic Development to learn how your company can join IMS Gear and take advantage of the City’s low-tax, business-friendly environment.
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VIRGINIA BUSINESS
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(757) 385-6464
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From Cabinetry to Cabernet, Cast Iron to The Cloud...
They’re All Proudly Made in Culpeper USA.
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‡ Old House Vineyards
‡ Communications Corporation of America ‡ Continental Automotive Systems, Inc.
‡ Rochester Wire and Cable LLC/ TE Connectivity ‡ Stillhouse Distillery at Belmont Farm
‡ EURO-COMPOSITES CORPORATION ‡ Terremark Worldwide ‡ Hardwood Artisans
‡ Toll Integrated Systems
Located just an hour south of the Nation’s Capital, Culpeper offers manufacturers the competitive advantages other places only dream of: ‡ a skilled, diverse workforce ‡ IUHH à RZLQJ WUDQVSRUWDWLRQ QHWZRUN CULPEPER ‡ abundant and reliable power ‡ UREXVW ÀEHU RSWLFV ‡ low taxes and operating costs ‡ Foreign Trade Zone and HUB zones ‡ and a truly outstanding quality of life that makes Culpeper a great place to grow a business and raise a family. Washington, D.C.
Charlottesville
Richmond
6R ZKHWKHU \RX¡UH VWDUWLQJ XS H[SDQGLQJ FRQVROLGDWLQJ RU relocating your manufacturing business, discover a place where OLJKW VSHHG EXVLQHVV DQG VWDU ÀOOHG VNLHV FRH[LVW EHDXWLIXOO\ Culpeper, Virginia. For your FREE Culpeper Business Guide, FDOO RU YLVLW www.CulpeperUSA.com.
Culpeper Department of Economic Development 'XNH 6WUHHW 6XLWH &XOSHSHU 9LUJLQLD ‡ )D[ Email: csachs@culpepercounty.gov
Culpeper County:
NORTHERN VIRGINIA
Culpeper USA. Experience the Power of Balance. While some counties are known for their specialized “corridors,” Culpeper is bringing balance back to the local economy. Combining high-technology, light manufacturing and agriculture, Culpeper’s geography, infrastructure, workforce and quality of life have converged to make it one of the premier Mid-Atlantic locations for businesses of all shapes and sizes. Located in the rich Virginia Piedmont, about an hour south of the Capital Beltway, Culpeper is home to high-tech notables such as Terremark’s NAP of the Capital Region (one of the world’s most sophisticated data center campuses), and the Library of Congress’ Packard Campus of the National Audio-Visual Conservation Center. Recently however, Culpeper is experiencing a renaissance in light manufacturing. Many Mid-Atlantic locations lack the affordable space needed to cost-effectively build, manufacture or grow tangible products. Conversely, rural areas are often at a disadvantage either geographically, or lack the high-tech infrastructure needed to attract today’s advanced manufacturing and data center campuses. Culpeper offers the ideal blend of all worlds. Culpeper has long been home to companies like Bingham & Taylor, Continental Automotive Systems, Euro-Composites Corp. and Rochester Wire and Cable LLC/TE Connectivity. In recent months, a number of light manufacturing operations have joined the Culpeper manufacturing community, including Hardwood Artisans, a manufacturer of hand-crafted hardwood furniture, and Toll Integrated Systems, a manufacturer of roof trusses, wall panels and other building materials. Simultaneously, Culpeper’s high-tech community continues to grow, including this summer’s addition of research and development firm Applied Research in Acoustics (ARiA). ARiA applies broad interdisciplinary expertise in acoustics, modeling and simulation and signal processing toward research and development that solves critical challenges to national security. Beyond high-technology and manufacturing sectors, agriculture continues to be a vibrant part of the Culpeper economy and quality of life. In fact, Culpeper is home to over 600 working farms, a third of which are owned by families that are dependent on their farm as their primary source of income. Viticulture is also a growing sector of the county’s agriculture for Virginia wineries. “It’s kind of ironic. Historically Culpeper was known for its light manufacturing and agricultural excellence,” remarked Carl Sachs, Culpeper’s director of economic development. “However, in recent years, we’ve become a key player in high-tech. With Terremark’s state-ofthe-art data center campus and the Library of Congress’ Packard Campus for Audio-Visual Conservation, folks unfamiliar with Culpeper sometimes now see us as a high-tech business magnet. The truth is, we actually offer the best of both digital and the tangible world. We have a strong manufacturing and agricultural heritage backed by a skilled and talented workforce. And we offer a high-tech infrastructure (abundant power, fiber optics, water) and workforce to support the most advanced technology.”
The Seven Habits of Highly Effective Business Locations The secret to Culpeper’s balanced economy is found in the seven key advantages the county offers businesses. 1. Location and Logistics Culpeper is centrally located in one of the best regions for business found anywhere, offering convenient access to the nation’s leading markets by road, rail and air. Culpeper is located 65 miles southwest of Washington, D.C.; 40 miles north of Charlottesville; 89 miles northwest of Richmond; and 174 miles northwest of the Hampton Roads area. 2. The Foreign Trade Zone Advantage As one of Virginia’s five strategically-placed Foreign Trade Zones (FTZ), Culpeper’s FTZ allows companies involved in international commerce to improve the cost competitiveness of their U.S.-based operations vis-à-vis their foreignbased competitors. 3. Business Incentives Culpeper offers a collaborative approach to growing businesses. In addition to Virginia’s already low tax rates and operating costs, Culpeper offers a variety of incentive programs such as an accelerated depreciation schedule for the assessment of business personal property, an incentive on the machinery and tool tax which refunds tax on investments of $500,000 or moreand expedited site plan and building plan reviews and approvals. 4. Infrastructure Culpeper’s abundant, affordable and reliable power and advanced fiber optic network is robust and sophisticated enough to support one of the world’s most sophisticated data center campuses. 5. The Culpeper Workforce Culpeper has a proud tradition of productivity
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and quality. Its diverse and growing workforce, backed by excellent training, educational and development programs, results in a labor force with the skills needed for high-technology, traditional craftsmanship, advanced manufacturing and modern agriculture. 6. The Virginia Advantage Offering low tax rates, low insurance rates and low worker’s compensation rates, Virginia is a right-to-work state and consistently ranks among the best states for business by organizations such as CNBC and Forbes. 7. Quality of Life Culpeper is simply a great place to live and work. Nestled in the rolling hills of the Virginia Piedmont, Culpeper has retained its hometown atmosphere and charm, while solidly embracing the dynamics of the new economy. Culpeper boasts excellent schools, medical facilities and recreational resources, and a charming and vibrant downtown that has garnered two prestigious awards: The National Trust for Historic Preservation’s 2012 Great American Main Street Award and The 2011 American Planning Association’s 10 Great Streets in America. Culpeper offers a modern-day quality of life, based on a tradition of harmony, hard work, honesty and hospitality that dates back to the 18th century. Experience Culpeper’s Power of Balance From cabinetry to cabernet, fiber optics to automotive braking systems, handmade hardwood furniture to roof trusses, wall panels, and whiskey... they’re all proudly made in Culpeper USA. So whether you’re starting-up, expanding, consolidating, relocating or looking for the ideal back-up site, it’s time to discover a place where light-speed business and star-filled skies coexist beautifully… Culpeper, Virginia. For your FREE Culpeper business guide, call 1-800-793-0631 or visit www.culpeperusa.com.
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Our past is here. Our future is here.
Virginia is our home. As one of the Commonwealth’s largest general contractors, HITT is proud to call Virginia home for the past 76 years. Let our experience and expertise help your company make a home for itself in Virginia, whether moving headquarters from across the country or expanding your national presence. For more information, visit hitt-gc.com/virginia • Local roots, nationwide reach • $827M in revenue for 2012 • Wide range of project sizes, from conference room renovations to LEED® certified, Class A new construction • Ten market sector focused teams that specialize in your industry: - Base Building: Commercial & Multi-family / Student Housing - Corporate Interiors - Government - Healthcare - Hospitality It’s What We Do. - Institutional - Law Firms - Major Projects - Paint & Service HITT CONTRACTING INC. / (703) 846.9000 / hitt-gc.com / @twHITTr - Technology Washington DC / Atlanta / Baltimore / Charleston / Denver / South Florida
Build Quality.
HITT Contracting Inc.: NORTHERN VIRGINIA
Virginia is Our Home With modest beginnings in 1937 as a small family business operated from the dining room table of Warren and Myrtle Hitt, HITT Contracting Inc. has become one of the leading general contractors in the Commonwealth of Virginia
and throughout the United States. Headquartered in Falls Church, HITT has over 700 employees located in six offices nationwide working together to deliver more than 3,600 projects each year.
Recent Notable Work
ers in Washington, D.C. Similar local projects have led to nationwide work for many of our law firm clients.
HITT Corporate Interiors The recently completed two-floor tenant fit-out for Catholic Charities USA in Old Town Alexandria consisted of the construction of a chapel with a raised clerestory roof, high-end office space, a state-of-the-art conference center, interconnecting stair and a new 32,000 pound rooftop air handling unit. Imported marble from India and China were used to finish the floors and walls of the entire chapel.
HITT Healthcare In the Richmond area, multiple projects have been completed for Bon Secours and Virginia Commonwealth University Health System, as well as phased renovations at the Cumberland Hospital for Children and Adolescents in New Kent. Notable Northern Virginia projects have included facilities for Kaiser Permanente, Virginia Hospital Center, Sentara Northern Virginia Medical Center, HCA Dominion Hospital, Children’s National Specialists of Virginia, and Inova Fairfax and Inova Mount Vernon hospitals.
HITT’s GDIT Patriot Ridge project is an 113,000 square-foot, LEED® Silver certified facility located in Springfield. The scope of the project included a conferencing facility, two data centers supported by a new dedicated chiller plant and electrical infrastructure, office areas, conference rooms, common areas and multiple LAN rooms and SCIF spaces. Interior construction was coordinated concurrently with the base building to produce a beautiful, functional design. HITT Base Building HITT has delivered almost $3 Billion of new construction over the past seven years including mixeduse, multi-family and office facilities. Recently delivered projects include Prosperity Flats, a 12-story, 327-unit apartment complex and 137,000 square-foot parking garage in Merrifield and over 2 million square-feet of mixed-use development in the vibrant Reston Town Center. HITT Government Since 2006, HITT Contracting has completed 120+ projects for Loudoun County under sequential job order contracts with tasks ranging from $1,000 to $500,000. HITT is currently renovating the Fair Oaks Police and Fire / Rescue Station and was recently awarded job order contracts in Fairfax, Norfolk, Harrisonburg, and Roanoke
for projects at local government and municipal facilities. HITT is continuing to expand JOC and other government business services throughout the Commonwealth. HITT Law Firms Currently under construction, the Tysons Corner office of Troutman Sanders LLP is a 17,000 square-foot buildout scheduled for completion in August. The space includes many highend finishes such as stone, millwork and lighting. HITT has also delivered a successful project for Troutman SandADVERTISING
HITT Technology The Digital Realty Trust - Digital Loudoun included the development of a new 38.8 acre site, guard house, and a 400,000 square-foot data center shell. Site work for the project included grading for the data center shell pad, four future data centers and one substation pad. Digital Loudoun used a modular approach to deliver a fully commissioned facility with electrical and mechanical infrastructure designed to provide maximum flexibility, reliability and efficiency. Another one of HITT Technology’s standout projects is Terremark’s Network Access Point of the Capital Region in Culpeper which consists of multiple data centers, a secured visitor’s center and a Network Operations Center. HITT’s mission is to build and maintain time-honored relationships with our clients, subcontractors, vendors and employees, focusing on safety, quality and empowerment while challenging ourselves to never settle, continuously develop and exceed expectations. This is our legacy, the foundation for our growth and the path to our future. For more information, please visit www.hittgc.com. Follow us @twHITTr. VIRGINIA BUSINESS
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S H E N A N D O A H V A L L E Y:
City of Harrisonburg
Innovation at work Harrisonburg is an innovative city that fosters new business. Its planned growth model and strong infrastructure are ideal for building both a company and a career. Harrisonburg’s probusiness government actively seeks and supports technology firms and start-up companies, attracting quality businesses to grow and thrive. The Harrisonburg-Rockingham MSA has received tremendous investments from both new and existing employers. SRI International, one of the founders of Silicon Valley, has established its Center for Advanced Drug Research (CADRE) here. Rosetta Stone, the world’s premier language learning software producer, employs over 450 associates in downtown Harrisonburg. Serco operates a classification center within the Harrisonburg Technology Park as a contractor for the U.S. Patent & Trademark Office, employing 138 classifiers trained in science and engineering. The city is proud to be the home of
James Madison Universi-ty (JMU), which now has a student population of almost 20,000. JMU is clearly an economic d engine for the city and lentire Shenandoah Valcts, ley. Recent capital projects, including the Forbes Center for the Performing Arts, expansion of Bridgeforth Stadium, and the Port Republic Road athletic fields, total approximately $200 million of new investment. JMU perennially ranks as one of the top regional universities in the South, and also as one of the best values in higher education. As a result, James Madison University is one of the top Virginia schools of choice for high school graduates. Downtown Harrisonburg has experienced dramatic growth over the past several years. Urban Exchange, a five-story, mixed-use development with underground parking, includes 194 apartments and 20,000
ssquare feet of office/retail space. The Colonnades at Rocktown is a fourstory, mixed-use project downtown that includes 66 residential units and 20 20,000 square feet of first floo oor retail/office space. Explore M More Discovery Museum, voted best museum in the Shenandoah Valley, has emerged as a major attraction for downtown Harrisonburg. This hands-on museum is filled with interactive exhibits that entertained nearly 60,000 visitors during the past 12 months. Employers are quickly discovering the tremendous assets available in the Harrisonburg area. Ideally situated two hours from Washington, D.C. and Richmond, the Shenandoah Valley offers a great quality of life, a highly skilled workforce and a robust technology infrastructure. Come explore what Harrisonburg has to offer you and your business.
Stop Searching, Start Finding. Everything your business needs to grow and thrive is in Harrisonburg, VA – access to major markets, a growing technology base, an educated workforce, business and university partnerships, and a 5-star rated quality of life. Visit HarrisonburgDevelopment.com today to ďŹ nd your perfect Harrisonburg location with our new property locator.
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Gigapark: S O U T H E R N & S O U T H W E S T V I R G I N I A
Virginia’s Broadband Region: World Class Infrastructure Southern and Southwest Virginia are now “Virginia’s Broadband Region” where approximately 100 locations designated as GigaParks offer a wide range of real estate inventory with high capacity broadband connections. Companies looking to locate in the region now enjoy access to the same high capacity bandwidth as any major metropolitan region. Broadband Makes a GigaPark Business leaders from Old Dominion Electric Cooperative, Virginia Tech and the Virginia Tobacco Commission joined together with a shared belief that broadband was key to revitalize the regional economy. Due to their efforts and others, broadband now links the parks across the region to the center of the Internet in Ashburn with a 400Gbit backbone. GigaParks are More Conducive for Business GigaParks feature a number of advantages for businesses looking to locate their operations in the United States:
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An advanced 400 gigabit-persecond low latency backbone network to key Tier 1 peering points in Northern Virginia and the Southeast; Low power and bandwidth costs; Extremely competitive tax rates; Low construction costs and costs per square foot for space; A highly dedicated and skilled work force; Robust power and network diversity; Access to multiple major fiber-optic and telecom service providers at each GigaPark; Virginia ranks in the top two of Forbes “Best State for Business” for seven years running and in the top 5 of CNBC’s “Top State for Business” for seven years. Perfect placement near major markets such as Washington, D.C.; Richmond; Raleigh/ Research Triangle Park, North
Carolina and beyond, with easy access to major interstates, as well as international airports. With high speed communications checked off the list, companies who like the workforce, tax abatements and pro-business environment of Virginia’s Broadband Region are one step closer to a successful business location. Broadband Drives Successful Business Expansion Because of strategic broadband infrastructure investments, businesses are successfully and profitably locating in Virginia’s Broadband Region. The most recent success was Microsoft’s announcement of phase three of their next generation data center project bringing their total investment to almost $1 billion in the region. HP and Northrop Grumman have similar success stories to share. Come look at Virginia’s Broadband Region and see why companies are coming to Southern and Southwest Virginia.
Virginia. Uncork the potential of our growing collection of business and technology parks. With more than 100 Gigaparks located along our 400 Gigabit per second, 1,500+ mile, low-latency backbone network, there are more options than ever before for taking advantage of Virginia’s Broadband Region. Named a top two “Best State for Business” for seven years in a row by Forbes.com, Virginia offers low power and bandwidth costs, low tax rates and a highly educated and skilled workforce. Contact us to learn more and find out why our selection of more than 100 business and technology parks are the toast of the broadband world.
GIGAPARK V i r g i n i a ’ s
B r o a d b a n d
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info@gigapark-va.com • gigapark-va.com
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VIRGINIA BUSINESS
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SOUTHWEST VIRGINIA:
Appalachian Power
Site qualification program helps Virginia rise to the top for data centers Finding the perfect site for a data center just got a whole lot easier in Virginia. This spring Appalachian Power began a site qualification program that identifies data center ready locations in its service territory. The pre-certification program tips the scale for Virginia, a location that features strong infrastructure, communications and a climate conducive to data centers. Two locations, the Roanoke County Center for Research and Technology and Wythe County’s Progress Park, were the first locations certified in an 11-state service area served by American Electric Power, Appalachian’s parent company. “The company’s confidence in Virginia illustrates why our highly trained and available workforce, favorable regulatory environment, and pro-business policies are keeping the Commonwealth at the top of national lists as the best state in which to do business,” said Virginia Gov. Bob McDonnell. The data center qualification was conducted by Biggins Lacy Shapiro & Company (BLS), a nationally recognized
location consulting firm, in partnership with Sugarloaf Associates, an energy advisory group specializing in the data center industry. They evaluated market conditions and sites in AEP’s service territory for suitability for data centers. The consultants visited potential sites and evaluated them on criteria including electric
and fiber optic telecommunications infrastructure, risk of natural disasters and other hazards, tax policy and incentives and climate suitable for a data center, for example. Roanoke County’s site was identified as an excellent candidate for a mission critical data center fa facility, and it is favorable for ffuture growth. There are 211 gently rolling acres available. The site is free of streams, p ponds or woods, has a strong ut utility infrastructure, is highly accessible and tax incentives are available. Wythe County’s site features 1,200 acres that are favorable for data center development. It is accessible to long-haul and short-haul fiber providers and strong electric infrastructure with available capacity is available on-site. Information about AEP’s data center qualification program, including site information and the complete study for Roanoke County’s Center for Research and Technology and Wythe County’s Progress Park can be found at www.aepdatacenters.com.
Looking for a site to build your next data center? An AEP Qualified Data Center Site offers: • • • • •
Virginia
Competitive electric power rates Highly reliable and redundant power supply Strong fiber networks Low risk of natural and man-made disasters Business-friendly climate
Minimize risk. Choose an AEP Qualified Data Center Site. Siting and building a data center is unique and challenging. Successful owners/operators maximize their upside and minimize the downside. For those companies, we offer the AEP Qualified Data Center Site Program. Two Virginia sites have passed a rigorous independent qualification process to confirm they are ready for development. And rest assured, we’ve got the documentation to prove it. Contact: John J. Smolak, jjsmolak@aep.com, (540) 985-2605
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Learn more at:
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aepdatacenters.com
Roanoke Regional Partnership: S O U T H W E S T V I R G I N I A
Roanoke Region: The Perfect Environment The Roanoke Region of Virginia offers a great business environment paired with the best outdoor amenities on the East Coast. Roanoke is located conveniently, equidistant from New York and Atlanta and accessible to two-thirds of the U.S. population in a day’s shipping time. Add in Virginia’s pro-business climate – low business costs in a right-to-work state with a cost of living below the national average – for a perfect East Coast location. The region is a budding hot-spot for a variety of businesses, including a burgeoning outdoor industry that is thriving off assets such as the Appalachian Trail, Blue Ridge Parkway, James River, and Smith Mountain Lake. The region is home to 600 miles of trails, 22 miles of urban greenways, 24 rivers and creeks, 300,000 acres of national forest, and the second-largest municipal park in the United States (Carvins Cove). More than a dozen wineries and breweries take advantage of breathtaking panoramas that last through four temperate, active seasons. Nature is the backdrop to an enviable quality of life that has received numerous accolades as a best place to raise a family, best place for jobs and careers, best place to retire and best outdoor town. The Roanoke Region also has a skilled labor pool of more than 300,000 that grows out of Virginia’s world-renowned higher education system. There are 25 colleges and universities within a one-hour radius including Virginia Tech, Virginia Western Community College, Roanoke College, Hollins University, Virginia Military Institute, Washington and Lee University and Liberty University. The Virginia Tech Carilion School of Medicine and Research Institute, which is home to the world’s most ambitious study of the brain, 21 research teams, and 140 researchers, is located in downtown Roanoke. On a per capita basis, the region has more college students than Austin, Texas; Boston; Raleigh-Durham, N.C. and other well-known centers of higher education. You may know Roanoke because of recent accolades. The Weather Channel named the Blue Ridge Marathon to its
list of the world’s 15 toughest marathons, Blue Ridge Outdoors Magazine readers voted Roanoke Best Mid-Sized Mountain Town and Roanoke was named the 36th best metro for a growing workforce by Area Development Magazine. Furthermore, the region has been featured by ESPN and Garden & Gun. From business quality to quality of life, the Roanoke Region is a well-rounded East Coast location.
In our neck of the woods, we add a splash of inspiration. From paddleboards to kayaks and sailboats to canoes, you won’t miss the boat in the Roanoke Region where Virginia’s largest lake and two largest rivers are overflowing with opportunities. Let us float a few ideas about why your business should consider Roanoke. roanoke.org roanokeoutside.com 540-343-1550 x107 info@roanoke.org
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