SITE VirginiaBusiness.com
GUIDE
SELECTION 2015
A Guide to Selecting a Business Location in Virginia
CULPEPER, VIRGINIA, USA
The Art of Work
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riginal. Authentic. One of kind. Culpeper, Virginia, there’s no place quite like it. Perhaps that’s why we attract businesses who dare to be different. From the ÀUVW FUDIW GLVWLOOHU RI $PHULFDQ :KLVNH\ WR WKH LQYHQWRU RI WKH DXWR F\FOH FXOLQDU\ YLUWXRVRV WR ÀOP UHVWRUDWLRQ ZL]DUGV WR ZHOGHUV ZRRGZRUNHUV ZLQHPDNHUV DQG ZHE GHYHORSHUV WKH\ all craft dreams into reality right here in Culpeper, Virginia. ,Q IDFW &XOSHSHU¡V SHUIHFW SDOHWWH RI SHRSOH SODFH DQG HQYLURQment has helped inspire business masterpieces like: ‡ Applied Research in Acoustics
‡ Library of Congress Packard Campus
‡ Bingham & Taylor
‡ Masco Builder Cabinet Group
‡ Belmont Farm Distillery
‡ Old House Vineyards
‡ Continental Automotive Systems ‡ Tanom Motors ‡ Euro-Composites
‡ TE Connectivity
‡ Hardwood Artisans
‡ Verizon Terremark
State Theatre photo by Lori Sorrentino.
Located just an hour south of the Nation’s Capital, Culpeper RIIHUV EXVLQHVV LPSUHVDULRV WKH FRPSHWLWLYH DGYDQWDJHV RWKHU places only dream of: ‡ D VNLOOHG GLYHUVH ZRUNIRUFH ‡ IUHH à RZLQJ WUDQVSRUWDWLRQ QHWZRUN CULPEPER ‡ abundant and reliable power ‡ UREXVW ÀEHU RSWLFV ‡ low taxes and operating costs ‡ Foreign Trade Zone and Technology 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
So whether you’re starting-up, expanding, consolidating or UHORFDWLQJ GLVFRYHU D SODFH ZKHUH OLJKW VSHHG EXVLQHVV DQG VWDU ÀOOHG VNLHV FRH[LVW EHDXWLIXOO\ &XOSHSHU 9LUJLQLD )RU \RXU )5(( &XOSHSHU %XVLQHVV *XLGH FDOO RU YLVLW www.CulpeperUSA.com.
&XOSHSHU 'HSDUWPHQW RI (FRQRPLF 'HYHORSPHQW 101 Duke Street, Suite 116, Culpeper, Virginia 22701 ‡ )D[ (PDLO FVDFKV#FXOSHSHUFRXQW\ JRY
DOMINION LINEMAN JUSTIN WOEHRLE HELPS POWER THE TECHNOLOGY BUSINESSES POWERING VIRGINIA. With the highest concentration of tech workers in the entire U.S., Northern Virginia has been called “the epicenter of the Internet.” In fact, more than 50 percent of the world’s Internet traffic passes through our state daily. At Dominion, we’re proud to help power this important sector—a major driver of Virginia’s economy. And with 5.2 million square feet of data center space today, and 10 million projected by 2020, Virginia likely will become the largest data center market in the country—making it all the more important for us to keep the lights on and the data flowing.
VIRGINIA SITE SELECTION GUIDE
W
hen it comes to attracting and retaining companies in the commonwealth, Virginia means business. The Old Dominion helps companies succeed through a variety of means, including its skilled workforce, business-friendly tax climate and financial assistance. The state’s business climate has garnered it many accolades, including being named to Forbes.com and CNBC’s best states for business rankings, among others. Some of the nation’s largest — and most successful companies — have chosen to locate in Virginia. The commonwealth is home to 19 Fortune 500 companies,
including Advance Auto Parts, Hilton Worldwide Holdings and Dollar Tree. Virginia has a diverse economic climate that continues to attract leaders in various industries. For example, Stone Brewing Co., the nation’s ninth largest craft brewer, announced plans in 2014 to establish its East Coast production and distribution facility in Richmond. The company expects to invest $74 million and create 288 jobs. More recently, Virginia made headlines when Lidl, a German grocery store, said it would invest $202 million to set up its U.S. headquarters and distribution center in the commonwealth. The move is expected to create 700 jobs.
Reasons to pick Virginia Prime location: Virginia’s central, East Coast Strong economy: The Old Dominion is location provides access to your target market. • More than half of the U.S. population (55 percent) lives within a 750-mile radius, and 41 percent lives within a day’s drive. • The commonwealth borders Washington, D.C., is within 300 miles of New York City and halfway between Maine and Florida.
Incentives: Virginia’s incentives program is
designed to ease the expansion or establishment of your business in the commonwealth. Below are examples of some of the state’s incentives. For a more comprehensive list, visit: http://www.yesvirginia.org. • Commonwealth’s Opportunity Fund (formerly known as the Governor’s Opportunity Fund): This grant, administered by Virginia’s governor, must be matched by localities. • The Governor’s Agriculture and Forestry Industries Development Fund (AFID): AFID grants are available for companies that add value to Virginia-grown agricultural and forestry products. • The Virginia Jobs Investment Program: This incentive program provides assistance to companies that are creating new jobs in the Old Dominion or experiencing technological change.
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home to diverse industries. Products manufactured here range from steel beams to robots and rocket engines. Virginia also boasts: • More than 70 firms with annual revenue of over $500 million • Nineteen Fortune 500 companies • Over 750 international businesses from over 40 countries • Billions of dollars in exported merchandise ($19.2 billion in 2014)
Infrastructure: Virginia has world-class infrastructure in place to help your business succeed. • The Old Dominion has six major interstate highways: I-95, I-81, I-64, I-85, I-77 and I-66. • The commonwealth has 14 commercial airports, including Washington Dulles International and Ronald Reagan Washington National airports. • The state has 3,400 miles of railway, and 10 railroads. Two of the nation’s largest railroads operate here: CSX Corp. and Norfolk Southern Corp. • The Virginia Port Authority manages six general cargo terminals: Norfolk International Terminals, Portsmouth Marine Terminal, Virginia International Gateway in Portsmouth, Newport News Marine Terminal, the Virginia Inland Port in Front Royal and the Port of Richmond.
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Education: The commonwealth prides itself on a
renowned education system. • More than 88,000 students graduated from Virginia’s high schools last year. About 65 percent of those students pursued a two- or four-year degree or other advanced education program. • Career and Technical Education (CTE) courses are offered in high schools, middle schools and almost 60 technical centers throughout the state. These classes are taught to more than 277,000 secondary students in Virginia. • The commonwealth is home to nearly 50 private and public, four-year colleges and universities; 23 community colleges; 65 out-of-state higher education institutions and workforce development centers.
Workforce: Virginia’s workforce is more than 4 million strong and one of the most educated in the country. • The commonwealth is a right-to-work state. It has the ninth lowest unionization rate in the country (6.2 percent). • Virginia’s workers are extremely educated. Thirty-three percent of workers in the state have at least a bachelor’s degree. • According to The National Science Foundation, Virginia employs more than 22,000 doctoral scientists and engineers.
•
In Virginia, thousands of military personnel enter the civilian workforce annually.
Quality of life: From food and entertainment
to historic sites, Virginia has something to offer for everyone. • Affordable cost of living that’s often below the national average. • Four-season climate. • Beautiful landscape: Virginia is home to beaches, mountains and offers city and rural living options. • More than 500 miles of trails, 22 national parks and 36 state parks. • The nation’s highest concentration of historical attractions, including Colonial Williamsburg, Jamestown, Monticello, Mount Vernon and various Civil War sites. • Various professional sporting events in and around Virginia include NASCAR, football, baseball, hockey and basketball. • A burgeoning craft beverage industry. More than 100 craft breweries and more than 200 wineries.
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Source: Virginia Economic Development Partnership
VIRGINIA BUSINESS
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VIRGINIA SITE SELECTION GUIDE
Why Virginia?
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ast year, the state made 297 economic development announcements, which are expected to create 23,790 jobs and $5.89 billion in investment. Below is insight from business executives as to why their companies recently decided to expand or establish operations in the commonwealth.
“Virginia has abundant resources of agricultural stalks, power and water supply, manpower, and a strong transportation system — all necessary tools that guarantee Tranlin’s future development,” says Hongfa Li, chairman and president, Shandong Tranlin Paper Co. Ltd., the Chinese parent company of Tranlin Inc., which plans to invest $2 billion to set up its first U.S. advanced manufacturing facility in Chesterfield County. The pulp and paper company expects to create 2,000 jobs in the state by 2020.
“We chose Richmond for our U.S. headquarters because of simple costbenefit economics,” Kevin Chidwick, CEO of Elephant Insurance, said earlier this year, citing the city’s strong workforce, low cost of living and support from the region’s public leaders. The company, a subsidiary of U.K.-based Admiral Group plc, established its U.S. headquarters in
Virginia in 2009, and recently announced a $2 million expansion that’s slated to create 1,173 local jobs. “Virginia has a vision for economic development and they are committed to working with companies to bring it to fruition,” says Tom Monahan, chairman and CEO of the Corporate Executive Board (CEB). The advisory company is investing almost $150 million to move its headquarters to a new location in Rosslyn, which has served as its home since 2008. The firm anticipates moving in 2018 to a mixed-use development above the Rosslyn Metro station, and creating 800 new jobs in the process. “Virginia is the ideal location to headquarter a BPO operation,” says Steve Hosley, president and CEO of LibertySource. “With over 30,000 active military from all five branches in the greater
Hampton Roads area, Fort Monroe provides us access to a highly skilled and dedicated workforce.” Liberty-Source PBC is a new company that recently established its headquarters at Fort Monroe. It plans to invest $1.56 million and hire 596 military spouses. Liberty provides services that are typically outsourced, such as finance, accounting, human resources and customer care work. “This state has a great wealth of talent, and Vienna is a community we are proud to be a part of,” says Cutler Dawson, CEO and president of Navy Federal Credit Union, which is headquartered in Vienna. The world’s largest credit union announced it was expanding its headquarters earlier this year. Navy Federal is investing $114.6 million in the venture, which is expected to add 600 local employees. Source: News releases, news articles
NEWLY AVAILABLE FOR LEASE FULLY EQUIPPED DATA CENTER ONE MILE FROM ASHBURN, VA 34,835 square feet available adjacent to Equinix, DuPont Fabros, Digital Realty Trust, CyrusOne and other major data center facilities. • Close proximity to MAE-East (over 50% of the world’s internet traffic) and a robust fiber network • 1,020 tons of existing cooling capacity and glycol cooling loops • Electric Service is +/- 9,000 amps, 277/480V • Two 2-MW generators with associated switchgear and PDU’s • Dual power loop supplied from two separate sub-stations • Fiber connectivity with multiple providers and existing conduits • VESDA fire detection and fire suppression systems
AVAILABLE SUMMER 2015
• Cable trays/ladder racking and cabling in place • Lightning protection system Keith Wallace | 703.858.2725 kwallace@merrittproperties.com
www.merrittproperties.com
16 MILLION SQUARE FEET OF OFFICE, FLEX AND WAREHOUSE SPACE THROUGHOUT MARYLAND AND NORTHERN VIRGINIA
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AUGUST 2015
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Transportation and Infrastructure Metrorail brings commuters in and out of Washington, D.C.
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any businesses and organizations choose to locate in Virginia due to its central, East Coast location. The Old Dominion has access to major highways, and 41 percent of the nation’s population is within a one-day drive. The commonwealth is constantly working to make its world-class transportation and infrastructure system even better. Here is what the state already has to offer in terms of transportation and infrastructure, and what new projects are in the works: Air travel: Fourteen commercial airports are located in Virginia. Two major airports, Washington Dulles International and Ronald Reagan Washington National, serve more than 40 million passengers each year. Dulles and Reagan airports are continuing to add new restaurants and stores as part of a redevelopment program that kicked off in 2013. Since the start of the initiative, more than 70 stores and restaurants have opened at the airports. Dulles also is considering adding a hotel near its main terminal. Highways: The major highways in Virginia are I-95, I-81, I-64, I-85, I-77, and I-66. Helping relieve traffic congestion in Northern Virginia are the 495 and 95 Express Lanes, toll roads that opened in 2012 and 2014, respectively. Togeth-
Photo by Mark Rhodes
er, the lanes create more than 40 miles of free-flowing travel from the Dulles Toll Road to Stafford County. The express lanes are just on example of major transportation projects around Virginia designed to ease travel. Passenger Rail: Amtrak in Virginia reaches more than 20 locations, including Lynchburg, Richmond, Norfolk and Newport News. Amtrak service also is being extended to Roanoke, where service should start in 2017. There’s also an effort by a group of leaders in the New River Valley to bring Amtrak service west of Roanoke, including the city of Radford and the counties of Montgomery, Floyd, Pulaski and Giles. A popular alternative for travelers in Northern Virginia is the Metrorail, which brings commuters in and out of Washington, D.C. Metrorail recently completed the first phase of the Silver Line, a 23mile extension of the Metro that will extend service from East Falls Church to Ashburn. The second phase, which will include a stop at Washington Dulles International Airport, is expected to open in 2018. Alexandria also is planning to add a new, multimillion dollar Metro station in the Potomac Yard neighborhood. City officials estimate the new station will stimulate billions of dollars in investment, support up to 26,000 new jobs within a quarter mile of the station and
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help ease traffic congestions on Route 1. The Virginia Railway Express also transports thousands of passengers from Northern Virginia to Washington, D.C., operating as far South as Fredericksburg and as far West as Manassas. VRE runs 29 trains from 18 stations, but plans to increase service in the next few years. A new VRE station is expected to open in Spotsylvania County this summer and another in Potomac Shores in 2017. Freight rail: Ten railroads operate in Virginia, including two of the nation’s largest: CSX Corp. and Norfolk Southern Corp., which is headquartered in Norfolk. The commonwealth has nearly 3,400 miles of railway. Port of Virginia: The Port of Virginia is one of the busiest ports in the Eastern United States. In 2014, the port handled 2.3 million twenty-foot equivalent units, a 7.6 percent increase since 2013. Last year, it moved most of its cargo by truck (63 percent), followed by rail (33 percent) and barge (4 percent). The port boasts a 50-foot ice-free channel, no overhead obstructions and on-dock rail service. It is the only East Coast port with Congressional authorization to dredge to 55 feet. When the Panama Canal expansion is completed in 2016, the port should see an increase in container traffic.
VIRGINIA BUSINESS
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VIRGINIA SITE SELECTION GUIDE
How we stack up
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he commonwealth continues to rank favorably in national business rankings. Here are some examples of how we compare to other states:
•
•
Virginia remains one of the top states for business, according to Forbes.com’s list of Best States for Business and Careers. The commonwealth has ranked in the top five of the list since Forbes. com first released the rankings in 2006. In 2014, the Old Dominion snatched the No. 4 spot. “Virginia has a widely diverse economy that includes local and federal government, military, farming and manufacturing,” Forbes. com said in its latest write-up about the Old Dominion. Forbes.com isn’t the only national news outlet that has noticed Virginia’s business-friendly environment. In 2015, the commonwealth was named No. 12 on CNBC’s America’s Top States
for Business. To compile the list, CNBC scores states in 10 categories, including infrastructure, economy and education. •
The commonwealth also made a strong showing in Chief Executive magazine’s latest survey of Best & Worst States for Business, where it ranked No. 14 out of the 50 states.
•
Virginia has once again made it on Business Facilities’ annual Rankings Report. In 2014, it ranked as one of the Top 10 states in the following categories: aerospace and defense industry leaders, data center leaders and per capita income.
•
Pollina Corporate Real Estate Inc. has named Virginia a pro-
business state. The commonwealth is No. 4 on the brokerage and consulting firm’s Top 10 ProBusiness States study. According to Pollina, the ranking examines “how well each state has or has not positioned itself to retain and create jobs as well as sustain America’s middle class.” •
The Old Dominion was No. 10 on Site Selection magazine’s 2014 Top State Business Climate Rankings. Half of Site Selection’s ranking is based on a survey of site selectors, who rank states based on their recent experience locating facilities. (Virginia ranked No. 5 on that part of the survey). The rest is based on seven criteria, including new projects and facilities per year.
Industry employment projections (long term) Percent change Estimated 2012
Projected 2022
Change
3,947,721 309,777
4,481,928 350,409
534,207 40,632
Administrative and support and waste management and remediation services
204,884
240,852
Agriculture, forestry, fishing and hunting Arts, entertainment, and recreation Construction Educational services Finance and insurance Health care and social assistance Information Management of companies and enterprises Manufacturing Mining, quarrying, and oil and gas extraction Other services (except public administration) Professional, scientific, and technical services Public administration Real estate and rental and leasing Retail trade Transportation and warehousing Utilities Wholesale trade
53,926 48,393 176,253 357,022 125,793 405,302 71,657 76,187 230,941 9,003 130,426 395,118 60,305 51,379 405,343 104,468 10,623 111,225
47,146 55,978 222,926 410,675 141,253 530,010 69,603 71,400 224,319 9,029 153,080 518,461 60,511 57,811 441,850 110,736 9,421 122,359
Total, all industries Accommodation and food services
Annual Avg.
Total
1.28% 1.24
13.53% 13.12
35,968
1.63
17.56
-6,780 7,585 46,673 53,653 15,460 124,708 -2,054 -4,787 -6,622 26 22,654 123,343 206 6,432 36,507 6,268 -1,202 11,134
-1.33 1.47 2.38 1.41 1.17 2.72 -0.29 -0.65 -0.29 0.03 1.61 2.75 0.03 1.19 0.87 0.58 -1.19 0.96
-12.57 15.67 26.48 15.03 12.29 30.77 -2.87 -6.28 -2.87 0.29 17.37 31.22 0.34 12.52 9.01 6.00 -11.32 10.01
Source: Virginia Employment Commission
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AUGUST 2015
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Virginia is home to some of America’s largest corporations
T
he Old Dominion has 19 companies on the prestigious Fortune 500 list. The list, compiled by Fortune magazine, ranks America’s 500 biggest, public companies based on gross revenue. While there were no new additions to this year’s list, a few companies moved up in rank: CarMax, Hilton Worldwide Holdings, Dollar Tree, Tegna and Advance Auto Parts. Advance Auto saw the biggest jump, moving 108 spots since last year (In 2014, Advance acquired General Parts International for $2 billion, making it the largest automotive aftermarket parts provider in North America). Three companies also dropped off the list: Smithfield Foods (which was sold to a Chinese company in 2013), Leidos Holdings and NII Holdings. Eleven of the Virginia firms on the Fortune 500 saw a rise in revenues from 2013 to 2014, while eight companies’ reported a drop in sales.
The Virginia companies on the 2015 Fortune 500 list include: Number
Company
Location
Revenue1
42
Freddie Mac
McLean
69.4
100
General Dynamics
Falls Church
30.9
124
Northrop Grumman
Falls Church
24.0
126
Capital One Financial
McLean
23.9
169
Altria Group
Richmond
18.0
178
AES
Arlington
17.4
229
Computer Sciences
Falls Church
13.2
232
CarMax
Richmond
13.0
243
Dominion Resources
Richmond
12.4
256
Norfolk Southern
Norfolk
11.6
280
Hilton Worldwide Holdings
McLean
10.5
294
Advance Auto Parts
Roanoke
9.8
304
Genworth Financial
Richmond
9.6
309
Owens & Minor
Mechanicsville
9.4
330
Dollar Tree
Chesapeake
8.6
390
Huntington Ingalls Industries
Newport News
7.0
441
Tegna
McLean
6.0
464
WestRock
Richmond
5.6
475
Booz Allen Hamilton Holding
McLean
5.5
2
1 In billions of U.S. dollars 2 Changed name from Gannett after spinning off the “new” Gannett, June 29, 2015. 3 MeadWestvaco and Rock-Tenn merged in 2015.
Employers by size of establishment
Unemployment rates
Establishments
0 to 4 employees
140,637
5 to 9 employees
37,094
9.6% 9.3%
10 to 19 employees
27,568
20 to 49 employees
20,073
50 to 99 employees
7,102
8.9% 8.1% 7.4% 6.2%
5.8%
5.5% 5.1%
100 to 249 employees 250 to 499 employees
4.6%
3,702
6.7%
7.1%
6.6%
United States 6.0%
1,070 3.8%
500 to 999 employees
4.6%
3.6%
353
5.7%
5.2%
3.9% 3.1%
3.0% Virgin g ia
More than 1,000 employees
240
Source: Virginia Employment Commission, third quarter, 2014
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
Source: U.S. Bureau of Labor Statistics
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VIRGINIA SITE SELECTION GUIDE
Minimum desired wage of available job candidates
Average weekly wage by industry
Potential candidates
Percent
$20,000 - $34,999
48,363
46.01%
$35,000 - $49,999
17,857
16.99
Not Specified
Minimum desired wage
16,080
15.30
$5,000 - $19,999
9,860
9.38
$50,000 - $64,999
6,409
6.10
$65,000 - $79,999
2,686
2.56
$95,000 or more
2,222
2.11
$80,000 - $94,999
1,631
1.55
Total, All Industries Accommodation and Food Services Administrative and Support and Waste Management Agriculture, Forestry, Fishing and Hunting Arts, Entertainment, and Recreation Construction Educational Services Finance and Insurance Health Care and Social Assistance Information Management of Companies and Enterprises Manufacturing Mining, Quarrying, and Oil and Gas Extraction Other Services (except Public Administration) Professional, Scientific, and Technical Services Public Administration Real Estate and Rental and Leasing Retail Trade Transportation and Warehousing Unclassified establishments Utilities Wholesale Trade
Note: Individuals with active resumes in the workforce system. Data accessed June 27, 2015 Source: Virginia Employment Commission
Virginia population projections Virginia population projections
% change
2000
7,079,030
2010
8,001,024
13.02
2020
8,811,512
10.13
2030
9,645,281
9.46
2040
10,530,228
9.17
$989 340 712 572 443 951 832 1,416 894 1,567 1,801 1,062 1,236 757 1,805 1,428 919 519 971 869 1,371 1,401
Source: Virginia Employment Commission, third quarter, 2014
Source: U.S. Census Bureau, Virginia Employment Commission
Two-year, public colleges 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1
Institution
Location1
Phone
Website
President
Northern Virginia Tidewater J. Sargeant Reynolds Thomas Nelson John Tyler Virginia Western Germanna Lord Fairfax Piedmont Virginia Southside Virginia New River Central Virginia Blue Ridge Danville Rappahannock Wytheville Patrick Henry Mountain Empire Southwest Virginia Virginia Highlands Richard Bland College Paul D. Camp Dabney S. Lancaster Eastern Shore
Annandale Norfolk Richmond Hampton, Williamsburg Chester Roanoke Fredericksburg Middletown, Warrenton Charlottesville Alberta, Keysville Dublin Lynchburg Weyers Cave Danville Warsaw, Glenns Wytheville Martinsville Big Stone Gap Cedar Bluff Abingdon Petersburg Franklin, Suffolk Clifton Forge Melfa
(703) 323-3000 (757) 822-1122 (804) 371-3000 (757) 825-2700 (804) 796-4000 (540) 857-8922 (540) 891-3000 (800) 906-5322 (434) 977-3900 (434) 949-1000 (540) 674-3600 (434) 832-7600 (540) 234-9261 (434) 797-2222 (804) 333-6700 (276) 223-4700 (276) 638-8777 (276) 523-2400 (276) 964-2555 (276) 739-2400 (804) 862-6100 (757) 569-6700 (540) 863-2800 (757) 789-1789
nvcc.edu tcc.edu jsr.vccs.edu tncc.edu jtcc.edu virginiawestern.edu germanna.edu lfcc.edu pvcc.edu southside.edu nr.edu cvcc.vccs.edu brcc.edu dcc.vccs.edu rappahannock.edu wcc.vccs.edu ph.vccs.edu me.vccs.edu sw.edu vhcc.edu rbc.edu pdc.edu dslcc.edu es.vccs.edu
Mel Schiavelli Edna V. Baehre-Kolovani Gary L. Rhodes John T. Dever Edward "Ted" Raspiller Robert H. Sandel David A. Sam Cheryl Thompson-Stacy Frank Friedman Alfred A. Roberts Jack M. Lewis John S. Capps John A. Downey Bruce R. Scism Elizabeth H. Crowther Dean E. Sprinkle Angeline Godwin James Scott Hamilton J. Mark Estepp Gene C. Couch, Jr. Debbie L. Sydow William "Bill" C. Aiken 3 John J. Rainone Linda Thomas-Glover
Main campus
S10
2
Fall enrollment 2014
AUGUST 2015
3
Interim President
3
Part-time students
Full-time students
Total 2
32,724 17,074 8,549 7,152 7,178 6,105 4,867 5,044 4,262 3,615 2,715 2,991 2,708 2,575 2,767 2,084 1,408 1,533 1,334 1,410 604 860 847 593
18,763 10,572 3,312 3,284 2,697 2,527 2,415 1,952 1,292 1,737 1,870 1,528 1,680 1,407 802 1,218 1,445 1,185 1,212 1,095 924 399 410 246
51,487 27,646 11,861 10,436 9,875 8,632 7,282 6,996 5,554 5,352 4,585 4,519 4,388 3,982 3,569 3,302 2,853 2,718 2,546 2,505 1,528 1,259 1,257 839
Source: State Council of Higher Education for Virginia
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Colleges & universities (public, four-year institutions) Part-time students1
Full-time students1
Timothy D. Sands
2,720
28,504
vcu.edu
Michael Rao
5,889
25,274
(703) 993-1000
gmu.edu
Ángel Cabrera
11,759
22,032
Charlottesville
(434) 924-0311
virginia.edu
Teresa A. Sullivan
2,090
21,642
James Madison University
Harrisonburg
(540) 568-6211
jmu.edu
Jonathan R. Alger
1,732
19,123
6
Old Dominion University
Norfolk
(757) 683-3000
odu.edu
John R. Broderick
7,880
17,052
7
Radford University
Radford
(540) 831-5000
radford.edu
Penelope W. Kyle 2
717
9,081
8 College of William and Mary
Williamsburg
(757) 221-4000
wm.edu
Taylor Reveley
547
7,890
9 Norfolk State University
Norfolk
(757) 823-8600
nsu.edu
Eddie N. Moore Jr. 3
1,149
4,878
10 Christopher Newport University
Newport News
(757) 594-7000
cnu.edu
Paul S. Trible Jr.
139
5,082
11 Virginia State University
Petersburg
(804) 524-5000
vsu.edu
Pamela V. Hammond 3
625
4,400
12 Longwood University
Farmville
(434) 395-2000
longwood.edu
W. Taylor Reveley IV
760
4,336
13 University of Mary Washington
Fredericksburg
(540) 654-1000
umw.edu
Richard V. Hurley 2
749
3,786
14 Virginia Military Institute
Lexington
(540) 464-7230
vmi.edu
J.H. Binford Peay III 4
0
1,700
15 U.Va. College at Wise
Wise
(276) 328-0100
uvawise.edu
Donna Price Henry 5
Institution
Location
Phone
Website
President
1
Virginia Tech
Blacksburg
(540) 231-6000
vt.edu
2
Virginia Commonwealth University
Richmond
(804) 828-0100
3
George Mason University
Fairfax
4
University of Virginia
5
1
2 Based on 2014 fall enrollment numbers The presidents have announced plans to retire June 2016 Source: State Council of Higher Education for Virginia.
3
Interim president
4
Superintendent
775
1,407 5
Chancellor
New startup firms 3rd quarter 2011
2,405
4th quarter 2011
2,518
1st quarter 2012
3,081
2nd quarter 2012
2,506
3rd quarter 2012
3,977
4th quarter 2012
2,999
1st quarter 2013
3,238
2nd quarter 2013
1,538
3rd quarter 2013
2,792
4th quarter 2013
2,751
1st quarter 2014
3,409
2nd quarter 2014
3,300
3rd quarter 2014
3,317
4th quarter 2014
515
Stand beneath our famous mountaintop star and you can see the future wherever you look. You’ll find an All-America City that’s growing, building and collaborating throughout our neighborhoods, our parks and our businesses.
Moving forward. In every direction.
www.roanokeva.gov
Source: Virginia Employment Commission
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VIRGINIA SITE SELECTION GUIDE
A sampling of Virginia’s recent economic development announcements (2014-2015) SOUTHWEST VIRGINIA
Botetourt County: Altec Industries Inc. embarked on an expansion that was anticipated to create 203 jobs and a capital investment of $3.9 million. The company makes truck-mounted mobile equipment. Montgomery County: Hubbell Lighting Inc. recently announced a $6 million expansion that’s expected to create 100 jobs in Christiansburg. The South Carolina-based company makes and distributes lighting fixtures. Patrick County: The Results Cos. announced plans to add 300 jobs to its call center in Stuart. Pulaski County: Volvo Trucks North America added 200 jobs at its plant in Dublin because of increased demand. The trucks built at the plant are sold in the U.S., Canada and Mexico.
SOUTHERN VIRGINIA
Charlotte County: Indianapolis-based The Corsi Group announced plans to invest $5 million in its first Virginia operation. The cabinet manufacturer expects to create 110 jobs in Keysville. Danville: Telvista announced plans to add 300 jobs at its call center in Danville. The Dallas-based call center outsourcing firm said it would invest $1 million in the project. Henry County: Monogram Food Solutions announced its fourth expansion in Southern Virginia since coming to the area in 2009. The food products company said it would invest $7.2 million to establish a warehousing and logistics operation. The project is expected to create 101 jobs. Greensville County: 510Nano Inc. is relocating its headquarters from Durham, N.C. to Southern Virginia. The renewable energy company expects to create 113 jobs and invest $11 million in the area.
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CENTRAL VIRGINIA
Appomattox County: Lindenburg Industry LLC, a subsidiary of a Chinese-owned company, chose Central Virginia as the site for its $113 million honeycomb manufacturing operation. The operation is expected to yield 349 jobs. Chesterfield County: Shandong Tranlin Paper Co. Ltd. plans to invest $2 billion to establish its U.S. headquarters in Central Virginia. The Chinese pulp and paper manufacturer anticipates creating 2,000 jobs. Chesterfield and Dinwiddie counties: In September 2014, Amazon.com said it was expanding its fulfillment centers in the area. The move was expected to bring 1,950 new jobs. Henrico County: Elephant Insurance, a U.K.-based auto insurance company, is investing $2 million to expand its U.S. headquarters. The venture is slated to bring 1,173 jobs to the area.
SHENANDOAH VALLEY Augusta County: Nexus Services Inc.’s decision to move its corporate headquarters to Verona was expected to add 250 jobs. The firm, which provides GPS tracking devices and court services to illegal immigrants, expected to invest $22 million in the project. McKee Foods announced a $34 million expansion that was expected to add 54 jobs at its Stuarts Draft Facility. Tennesseebased
McKee makes Little Debbie snack cakes, Drake’s DevilDogs and Heartland Granola Cereal. Harrisonburg: Special Fleet Service anticipated creating 45 jobs in a $1.2 million expansion. The company provides equipment and services for public utilities, electrical cooperatives, transportation and line construction companies and general contractors. Shenandoah County: International Automotive Components Group planned to add 300 jobs to its Strasburg plant. The company, which makes automotive interior systems, anticipated investing $5.7 million in the expansion.
HAMPTON ROADS
Hampton: Liberty-Source PBC plans to invest $1.56 million to establish a customer service operation at Fort Monroe. The venture, which aims to bring outsourced positions back to America, is expected to create nearly 600 jobs. Newport News: Continental Automotive Systems’ $152 million expansion is expected to create 525 jobs. The company is part of Continental, a German auto parts maker. Norfolk: The Navy is consolidating the headquarters for its Sealift Command at Naval Station Norfolk. The headquarters has been split between the Washington Navy Yard and Naval Station
SO OUTH OUT O OU U UTH THW TH HWES H WES WE W WEST E T EST V VIRGI INIA IN A Bristol
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Roanoke
Norfolk, according to The Associated Press. The move will cost $31 million and affect 507 employees. Virginia Beach: Texas-based Expert Global Solutions Inc. announced an expansion in the city that’s expected to create 175 new jobs. The company, which offers business outsourcing services, is investing $600,000 due to the expansion.
NORTHERN VIRGINIA
Alexandria: Fishbowl Inc., a direct mail advertiser, announced a $4 million expansion that was projected to create 679 jobs.
Fairfax County: San Franciscobased Bechtel Corp. recently chose to relocate its Frederick, Md., operation to Northern Virginia. Bechtel — a major engineering, construction and project management company — planned to invest $10 million in the move and create 700 new jobs. Stafford County: Insurance company Geico announced a $24.4 million expansion that was expected to produce 350 new jobs. The Maryland-based company has been in Stafford since 1994.
Arlington County: CEB Inc., which moved from Washington, D.C., to Virginia in 2008, is investing $149.7 million for its new headquarters in Rosslyn. The move is expected to create 800 jobs.
CENTRAL VIRGINIA City of Lynchburg ....................... S15 NORTHERN VIRGINIA Prince William County ........S16-S17 Leesburg..................................... S18 HAMPTON ROADS City of Chesapeake ................... S19 City of Hampton ........................ S20 Hampton Economic .................. S21 Development Franklin/Southampton .............. S22 Isle of Wight County .................. S23 Virginia Beach ........................... S24 Economic Development SHENANDOAH VALLEY City of Harrisonburg .................. S25
Leesburg
SOUTHERN VIRGINIA Martinsville ..........................S26-S27 Tobacco Commission ................ S31
PRINCE WILLIAM COUNTY COUN UNTY TY
Harrisonburg
I N D E X
NORT N NO ORT RTHE T E ERN RN N VIRGIN V IRGIN IR IRG IRGI RGIN R RG GIINIA GIN G A
SHEN NANDOA N OA AH A H VALLEY V VA A Y
SOUTHWEST VIRGINIA Bristol Utililties ....................S28-S29 Appalachian Power.................... S30 Tobacco Commission ................ S31
Richmond
Lynchburg
HA H AMPTON ROADS
CENTRA C TRA TR RAL RA VIRGIN V RGIN INIA IN NIA N IA A
SO OUTHE O HER HE HERN ERN ER ERN Martinsville VIRGIN V NIIIA N
Hampton Norfolk
SOUTHAMPTON COUNTY
ISLE OF WIGHT COUNTY
VIRGINIA BEACH C CHESAPEAKE
Source: The Virginia Economic Development Partnership, news releases, news articles
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VIRGINIA BUSINESS
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VIRGINIA SITE SELECTION GUIDE
Virginia universities: Helping businesses grow
S
tate colleges are not only providing a pipeline of workers, they’re also helping promote innovative enterprises and groundbreaking research. Whether you’re a startup in need of office space or an established business seeking to collaborate on research, Virginia’s higher education institutions are here to help. Below is a sample of some of the resources available: Commonwealth Center for Advanced Manufacturing (CCAM) Prince George County ccam-va.com CCAM is a research center that aims to deliver innovative solutions for manufacturing better products. The 62,000-square-foot facility is adjacent to Rolls-Royce’s Crosspointe Campus in Prince George County. CCAM, which boasts 28 industry, government and university members, is often adding new partners. Its current members include Rolls-Royce, Newport News Shipbuilding, NASA Langley Research Center, the University of Virginia, Virginia State University (VSU), Virginia Commonwealth University (VCU), Virginia Tech and Old Dominion University (ODU). Commonwealth Center for Advanced Logistics Systems (CCALS) Prince George County ccals.com CCALS is helping companies solve logistics problems. The organization, which is modeled after CCAM, also has university, government and industry members. The center’s current partners are: VSU, Longwood University, U.Va., VCU, Logistics Management Resources Inc., LMI, the Crater Planning District Commission, the U.S. Army’s Combined Arms Support Command and the Port of Virginia. Innovation Research Park @ ODU Norfolk irpodu.com Innovation Research Park is one of the few research parks in the U.S. that is located on the campus of its research institution. The mixed-used development at Old Dominion University includes two 100,000-square-foot buildings that of-
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fer Class A office space and wet and dry laboratory space. Its central location is close to downtown Norfolk, the airport, military centers, Eastern Virginia Medical School and the Port of Virginia. Innovation Technology Park Prince William County pwcecondev.org The 1,600-acre research and technology park is home to corporate headquarters, research centers, data centers, government facilities and federal contractors. It is anchored by George Mason University’s Prince William Campus, which offers several programs, including life sciences and applied information technology. The Institute for Advanced Learning and Research Danville ialr.org The Institute for Advanced Learning and Research’s mission is to be a regional catalyst for economic transformation through applied research, advanced learning and economic development. The institute serves Martinsville, Danville and the counties of Patrick, Franklin, Henry, Pittsylvania, Halifax and Mecklenburg. Virginia Tech, Danville Community College, Averett University and the Southern Virginia Higher Education Center are some of its partners. University of Virginia Research Park Charlottesville uvafoundation.com This 562-acre, mixed-use development is zoned for office, light industry, hotel/ conference center, laboratory/medical/pharmaceutical, and retail/support commercial uses. The park was designed to be a corporate village that met the needs of businesses in a natural beauty setting. Virginia BioTechnology Research Park Richmond vabiotech.com Located in the heart of Virginia’s capital, the Virginia BioTechnology Research Park is close to VCU’s MCV and Monroe Park campuses. The public, four-year university also is one of the park’s life science partners. The Virginia BioTechnology campus is home to more than
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60 life-science companies, research institutes, state/federal labs, scientists, engineers and researchers. Virginia Modeling, Analysis and Simulation Center Suffolk www.vmasc.odu.edu ODU’s VMASC is a research facility that focuses on modeling, simulation and visualization (MS&V) research, development and education. Transportation, virtual environments, game-based learning and system sciences are some of its research areas. Virginia Tech Carilion School of Medicine and Research Institute Roanoke vtc.vt.edu Created in 2007, the Virginia Tech Carilion School of Medicine and Research Institute is a joint partnership between Blacksburg-based Virginia Tech and Carilion Clinic, a nonprofit healthcare organization based in Roanoke. The institute strives to be a leader in medical education and biomedical and clinical research. Virginia Tech Corporate Research Center Blacksburg vtcrc.com The 230-acre Virginia Tech Corporate Research Center (VTCRC) is located next to Virginia Tech’s campus in Blacksburg. Created in 1985, the center encompasses more than 170 research, technology and support companies. There currently are 33 buildings on site with room to construct 19 more buildings. The center employs more than 2,700 employees. Wallops Research Park Accomack County co.accomack.va.us The park offers more than 200 acres for development by aerospace and aviation companies. It is located just outside the NASA Wallops Flight Facility. Wallops offers commercial and industrial lots as well as foreign trade zone opportunities. New amenities at the park include a 1,200-foot taxiway, broadband fiber and three-phase electric power.
City of Lynchburg: CENTRAL VIRGINIA
Opportunity awaits in Lynchburg, Virginia
L
ynchburg boasts a vibrant economy, nationally-ranked public schools and six colleges and universities situated in historic and affordable neighborhoods. A world-class healthcare system, funky shops and fine dining are nestled in a breathtaking setting bounded by the James River and a backdrop of the majestic Blue Ridge Mountains.
Lynchburg drives business With more than 4,700 businesses ranging from traditional shops to global corporation headquarters, our industry makeup and workforce is made up of firms of all sizes, making our economy stable and diverse. While employment is driven primarily by healthcare and retail, these jobs are complimented by healthy higher education, energy, professional services and advanced
manufacturing sectors. Lynchburg also is home to six public/private colleges and universities, including the world’s largest online school. These graduates continue to grow Lynchburg’s pool of well-educated, motivated and highly skilled workers. Lynchburg is a beautiful place to call home Ideally located in the Blue Ridge Mountains, Lynchburg perfectly blends colonial architecture with modern developments. Fostering a vibrant, artistic and welcoming community and equipped with a world-class healthcare system, Lynchburg is an ideal place for students, professionals, and those interested in starting or growing a family. Lynchburg residents also benefit from the city’s low cost of living. Rent, food, transportation,
goods and services, and other essentials are generally more affordable in Lynchburg. In fact, the average cost of living is 8.5% lower than the United States average. With 12 stunning parks, 24 playgrounds, eight community centers, trails, bike lanes, and many access points to the Appalachian Trail nearby — Lynchburg is a naturelover’s dream.
For more information, please visit www.opportunitylynchburg.com.
The Perfect Business Opportunity Awaits. Start, Relocate or Expand Your Business in Lynchburg, Virginia.
www.opportunitylynchburg.com ADVERTISING
VIRGINIA BUSINESS
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Discover Prince William County, Virginia – Your Site Selection Solution PWC
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Prince William County is less than 20 miles from the nation’s capital and conveniently located near three major airports which translates to swift and efficient transportation of goods to both domestic and international customers. We are home to an outstanding talent pool of highly-skilled, culturally diverse labor as the 2nd largest and 4th fastest growing County in the Commonwealth of Virginia.
Also, strategically located in a well-established Life Sciences community in the university-research epicenter of Innovation Park is the Prince William Science Accelerator, the only public-private commercial available Wet Lab Spaces in Northern Virginia.
econdev@pwcgov.org | 703.792.5500 | www.PWCEconDev.org |
@PWCDED
Department of Economic Development | 13575 Heathcote Boulevard, Suite 240, Gainesville, Virginia 20155
Discover Prince William County, Virginia – Your Site Selection Solution INTERSTATE OVERLOOK - Prince William, VA PARKWAY EMPLOYMENT CENTER - Woodbridge, VA
INTERSTATE OVERLOOK Dumfries, VA
• A 1,500-acre corporate research park with approximately 350 acres of land immediately available for development • Anchored by the George Mason University’s Science and Technology Campus • Home of the Prince William Science Accelerator which offers the only commercially available wet lab space in Northern Virginia
• Brand new office and flex complex with over 123,000 square feet of space available • Proximity to local and federal agencies; site may be secured to achieve Department of Defense setbacks
Proximity to 3 Major Airports Washington, D.C. Washin
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Robust Talent Pipeline • A multi-building complex featuring Class A office, flex, retail and warehouse space with existing and build-to suit opportunities • Perfect for diverse tenancy: general office, research and development, technology, and light distribution
• Approximately A i t l 9000 acres of developabl developable land • Ideal opportunity op for mixed use project (office, m research and development, hotels)
FREEDOM I-66 BUSINESS CENTER Manassas, VA
• An 84-acre build-to-suit business park • 11 proposed Class A industrial warehouses • Ideal for data centers
Availability of Highly Skilled, Diverse Workforce HERITAGE HUNT CORPORATE PARK Gainesville, VA
• Multi-building corporate campus located on 28-acre site that will ultimately deliver 350,000 square feet of Class A office space • Turn-key build-out and signage available
econdev@pwcgov.org | 703.792.5500 | www.PWCEconDev.org |
@PWCDED
Department of Economic Development | 13575 Heathcote Boulevard, Suite 240, Gainesville, Virginia 20155
NORTHERN VIRGINIA:
J
ust 15 miles from Dulles Airport and located in the heart of Virginia’s wine country, the Town of Leesburg offers the perfect day trip destination. Shopping, dining, live music – Leesburg has it all! Elegant and eclectic shops line the brick sidewalks of Leesburg’s historic downtown. The Leesburg Corner Premium Outlets features over 100 stores, just minutes from downtown. Even more shopping options abound at the Village at Leesburg. Our downtown restaurants range from classic fine dining at Lightfoot and Tuscarora Mill to brewpubs like the new Leesburg Brewing Company and Crooked Run Brewing to funky wine bars Chimole and The Wine Kitchen,
Leesburg
plus many more. Plan to visit Kettles and Grains when you’re ready to ‘brew your own!’ Fabulous restaurants aren’t limited to downtown – be sure to check out Travinia, Firebirds and others at the Village at Leesburg, and local eateries like the Leesburg Public House, Blue Ridge Grill and Yummy Pig BBQ elsewhere around town. Many of our restaurants specialize in locally-sourced ingredients. Leesburg is the new live music capital of Northern Virginia! The Tally Ho Theatre offers a wide variety of live music acts, from rock to country to alternative. Small spaces come alive with music in downtown during Leesburg’s First Friday while the Village at Leesburg of-
fers a unique live music venue coupled with a superior barbecue experience at Smokehouse Live. The 12th annual Acoustic on the Green outdoor concert series just kicked off with free concerts on the Town Green in downtown on Saturday evenings through the summer, featuring artists such as Todd Wright and Jennifer Daniels. The W&OD Trail has access points in Leesburg, and you’re never far from hiking and kayaking opportunities on the Potomac River. Leesburg also makes the perfect hub for visiting the many wineries, and craft breweries in western Loudoun. Let us show you a good time by sharing our music, art, dining and outdoor entertainment.
Visit www.leesburgva.gov, www.visitloudoun.org and www.downtownleesburgva.com for more information. Find us on Facebook and Twitter for those not-to-be-missed opportunities to enjoy Leesburg, Virginia!
DOWNTOWN LEESBURG. DISCOVER OUR TAKE ON THE ARTS. Downtown Leesburg is filled with fun and exciting things for all ages. Sample the exquisite wines of our local vineyards at any one of our nearby wine festivals, shop at unique stores and enjoy our art galleries, dine in delightful restaurants and play in our expansive parks. Practice the art of living well, right here in Leesburg, Virginia.
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Chesapeake: HAMPTON ROADS Creating a Business Climate Where Innovation Thrives
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n Chesapeake, our entrepreneurial spirt and focus on innovation drives us, and we’re creating a city where people and businesses alike can thrive. Start-up companies like the Big Ugly Brewing Company were able to take a leap of faith and build a craftbrewing venture. German-owned Becker Hydraulics USA launched its first U.S. manufacturing production facility in Chesapeake, and a company that started out as a handful of variety and toy stores has transformed itself into a Fortune 500 company called Dollar Tree, Inc. Dollar Tree is strategically poised to increase its ranking on the coveted Fortune 500 list due to its successful merger with Family Dollar Stores in July 2015. Year after year, Chesapeake’s economy also continues to generate multimillion dollar business investments
and high demand jobs. Chesapeake is achieving national recognition for its accomplishments too such as: National Accolades • Small Business Community of the Year (2014) U.S. Small Business Administration •
#10 on the Hardest Working Cities in America list (2015) Wallethub. com
•
#87 on Millennial Magnets Cities list (2014) USA Today
•
#19 on the Best Cities for Hispanic Entrepreneurs list (2014) Wallethub.com
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#48 among America’s 50 Best Cities to Live (2014) 24/7 Wall Street
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#19 among Best Cities for Quality of Life (2014) NerdWallet
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AAA Bond Rating (2014) Standard & Poor’s and Fitch Ratings
•
Aa1 Bond Rating (2014) Moody’s Investors Service
Chesapeake Wants Your Business to Succeed Throughout Chesapeake centrally located sites like Cavalier Industrial Park, Greenbrier, Oakbrooke Business & Technology Center and South Norfolk/Intracoastal Waterway are bolstered by immediate accessibility to land, air and water. Add a connection to a talented workforce with the education, training and experience and companies can easily take their business into a promising future. Of all the decisions you will make in business, choosing Chesapeake will be your best!!
City of Chesapeake, Economic Development Department 676 Independence Parkway, Suite 200, Chesapeake, VA 23320 757-382-8040 Email: research@chesapeakeva.biz www.chesapeakeva.biz
120 MILES OF COMMERCIAL WATERFRONT. 23 WEEKLY SHIPPING LINES TO EUROPE AND ASIA. CHESAPEAKE,VA. ALWAYS PREPARED TO DO BUSINESS. 60% of our international businesses rely on the Port of Virginia’s waterways — one of the largest, best equipped intermodal facilities on the East Coast, making Chesapeake an essential link in supply chains around the world. The Chesapeake industrial waterfront and nearby Norfolk International Airport—two forces in their RZQ ULJKW³DUH HQKDQFHG HYHQ IXUWKHU E\ WKH HIÀ FLHQW QHWZRUN RI LQWHUVWDWHV DQG railways easily accessible in Chesapeake and the greater Hampton Roads region. Chesapeake remains a vital economic epicenter, supporting and advancing commerce near and far. We’re a city that’s nationally recognized for its quality of life — in fact, we’re among the top 50 cities in the country in which to live and do business.* It’s our city’s talent, infrastructure and above all, our attitude that fuels progress. If you’re looking to start, expand or locate a business, get to know Chesapeake, VA. Our community is always ready. Are you? *”America’s 50 Best Cities to Live,” 2014, 24/7 Wall Street; “Small Business Community of the Year,” 2014, U.S. Small Business Administration
Chesapeake Department of Economic Development 676 Independence Parkway, Suite 200, Chesapeake, Virginia 23320 Tel 757.382.8040 Fax 757.382.8050 Email: research@chesapeakeva.biz
W W W . C H E S A P E A K E V A . B I Z
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HAMPTON ROADS:
City of Hampton
Hampton: Inspirational Spaces that Spark Creativity
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hile long regarded as a Virginia hub of innovation and technology, Hampton is also one of the Commonwealth’s most impressive convention destinations. Hampton presents worldclass meeting facilities, exciting and diverse attractions, restaurants that satisfy the most selective palates, and an array of retailers that span from national favorites to the most eclectic local boutiques. This year the Hampton Roads Convention Center celebrated its 10th anniversary. Boasting 344,000 square feet of flexible meeting space including a 102,600 squarefoot exhibit hall and a grand ballroom to accommodate 2,000 people, the center shares its campus with the iconic Hampton Coliseum and a 295-room convention headquarters hotel. Break-out space is
abundant; in fact, there are more than 35 flexible spaces beneath the Hampton Roads Convention Center’s roof alone. Plus, visitors to the campus may also enjoy free parking, upscale dining, and day spa amenities. Peninsula Town Center and the Power Plant of Hampton Roads offer many dining choices within convenient proximity of the convention center. Hip new establishments in Downtown Hampton, Phoebus and Fort Monroe also appeal to professionals of all ages and interests. Hampton’s conference facilities are as diverse as the city’s 405-year heritage. Hampton hotels present meeting space in a variety of capacities, complemented by well-appointed accommodations to serve delegates’ needs
from first arrival to final session. Historic Fort Monroe and Fort Wool, harbor tours, the dynamic Virginia Air & Space Center with IMAX theater, and museum galleries filled with art and history, serve as inspirational spaces that spark creativity. Hampton’s close proximity to every branch of the U.S. Armed Forces including Joint Base Langley Eustis, NASA Langley, and higher education centers Hampton University and Christopher Newport University are benefits of basing your meeting in Hampton. Here you’ll be close to pioneering medical technology at the Hampton University Proton Therapy Institute. Plus you will enjoy convenient accessibility to AMTRAK and two international airports.
Come to VisitHampton.com or TheHrcc.com, or call 800-487-8778 for assistance in bringing your next conference to Hampton.
THE PERFECT SETTING FOR ALL OCCASIONS.
For over 400 years, people have gathered in Hampton. Today, business meetings, social gatherings, trade expositions and sporting competitions all take place under one roof. For a location as unique as your event, choose Hampton, VA. 800.487.8778 thehrcc.com
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Hampton Economic Development: H A M P T O N R O A D S
Businesses are choosing Hampton
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edEx Ground, Alcoa Power and Propulsion, Liberty Source, Faneuil. What do these diverse companies have in common? In 2014 these companies, along with dozens of others, committed more than $100 million in capital investment and created thousands of new jobs, deciding that Hampton is the best place to locate or expand their business. It’s easy to see why. Anchored by aerospace and defense facilities, advanced manufacturing, major medical centers and higher education, Hampton attracts high-
tech businesses and a skilled workforce. Strong research institutions such as the NASA Langley Research Center and the National Institute of Aerospace call Hampton home. Together, they offer unique research, innovation and entrepreneurial opportunities. Hampton University and Thomas Nelson Community College help provide Hampton with a highly-educated workforce. Hampton is situated at the center of the Hampton Roads region, providing direct access to Interstates 64 and 664 as well as excel-
lent access to two international airports, the Port of Virginia and Interstates 95 and 85. Nearly twothirds of the nation’s population is within a day’s drive of Hampton, and more than half of the country’s manufacturing and industrial base is within 750 miles of the city. A progressive business environment, eclectic neighborhoods, breathtaking waterfront, endless recreational opportunities and central location with dynamic shopping, dining and entertainment all combine to make Hampton the perfect place to locate or expand a business.
For more information on the development opportunities in Hampton, go to www.choosehampton.com or call 757-728-5165 or 1-800-555-3930.
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H A M P T O N R O A D S : Franklin/Southampton County Partnering Tradition with Progress
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he 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. Both localities offer close proximity to the Port of Virginia, new and expansive infrastructure and a skilled workforce for employment. The Paul D. Camp Community College Regional 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 office space and conference room facilities. These communities are also home to three industrial parks that are ready and available for industry and business development.
Pretlow Industrial Park • 160 acres of publicly owned property • Zoned M-2 heavy industrial • 500,000 gallon water tower • Located directly off Highway 58 • Access to natural gas • 40 miles from I-95 Southampton Business Park • 25 acres of publicly owned property • Zoned M-1 light industrial • 150,000 gallon water tower • Natural gas on site • Located directly off Highway 58 • 35 miles from I-95 Southampton Commerce and Logistics Center • • • • • •
80 acres of publicly owned property Zoned M-2 heavy industrial 500,000 gallon water tower Access to natural gas 40 miles from I-95 CSX rail access
For more information about the City of Franklin or Southampton County call 757-562-1958 or email info@franklinsouthamptonva.com.
Partnering tradition with progress
601 N. Mechanic St., Suite 300, Franklin, VA 23851 • 757-562-1958 www.franklinsouthamptonva.com • info@franklinsouthamptonva.com
Properties located in Enterprise Zone • Close proximity to Port of Virginia S22
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Isle of W ight County: H A M P T O N R O A D S Isle of Wight County: Local Roots, Global Reach
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sle of Wight County is a progressive community in the western Hampton Roads region that embraces change while protecting the integrity of its rich cultural and historical heritage. The County’s 319 square miles provides fertile ground for the region’s most prosperous businesses, including Smithfield Foods, Inc., Keurig Green Mountain Inc., and International Paper. This growing County personifies the theme “local roots, global reach.”
Industrial Development
Strategically located for portrelated businesses, the Countyowned 1,500-acre Shirley T. Holland Intermodal Park provides affordable sites close to the Port of Virginia. Businesses in the park can easily access the Port using U.S. Route 460
Retail and Residential Development
or U.S. Route 58 or by rail on the adjacent Norfolk Southern Heartland Corridor. The Park, part of Foreign Trade Zone #20, is a designated Enterprise Zone which offers state and local incentive programs for qualifying businesses that locate there. The Port of Virginia also offers the Economic and Infrastructure Development Zone Grant Program for Port users.
Business is booming in the northern part of the County with an additional 2,000 residential units and 1.1 million square feet of new retail and office space approved for development along the Route 17 corridor. The Breeden Company is under construction on Eagle Harbor West, a gated community featuring 208 luxury apartments. Dunkin’ Donuts and 7-Eleven also are under construction. East West Communities, the award-winning developer of Gatling Pointe, Founders Pointe and Eagle Harbor, will construct 79 single-family homes and 20 townhomes at Benn’s Grant. Homes will be for sale in the fall of 2015.
To learn more about how your business can put down roots in Isle of Wight County, call 757-356-1962 or visit www.insidetheisle.com.
Local Roots, Global Reach Major employers: Smithfield Foods, Keurig Green Mountain & International Paper Shirley T. Holland Intermodal Park, the premier, publicly-owned manufacturing, distribution & logistics park in the Hampton Roads region: • Over 1,000 acres competitively priced • Permit-ready sites under design • Able & ready labor force of 830,000+ • 35 minute drive to Port of Virginia • Access to interstates 95, 85, 64, 264, & 664 • Enterprise & Foreign Trade Zones • Rail-served sites • All utilities including abundant public water • Proven fast-track site plan review & permitting process
Put down roots in Isle of Wight. 757-356-1962 or www.insidetheisle.com
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VIRGINIA BUSINESS
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HAMPTON ROADS:
Virginia Beach
The innovation economy is humming along in Virginia Beach
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he Virginia Beach business boom is not by accident. For years, government, economic development and business leaders have partnered to keep business costs low, to be responsive to business needs, and, of course, to make Virginia Beach a wonderful place to work and live. Today more than 20 international firms operate their U.S. or North
American headquarters here including STIHL, PRUFREX USA, Busch, Hermes and IMS Gear. And, Virginia Beach has been recognized as a manufacturing “boomtown” by Forbes. The Mayor’s Manufacturing Roundtable and workforce development efforts in training and certifications are part of the formula for this growth and success. Over the past fiscal year, Virginia Beach has also greatly expanded its
YesVirginiaBeach.com • 800.989.4567 • #RealTeamPlayers
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number of high tech jobs by more than 600. Brookings Institution ranked the city 17th in the nation in advanced industries jobs, which have been noted as the fastest growing in terms of income and one of the most significant economic anchors in the U.S.’ gross domestic product. New initiatives are under way to propel Virginia Beach even more in the bio tech sphere with incentives and proximity to premier companies including LifeNet Health, Operation Smile, Sentara Healthcare and Tidewater Community College’s bio accelerator. Key areas of focus for biomed and life sciences here include research into diabetes, reproductive health, regenerative medicine, cardiology, urology, cancer, piezoelectrics and photon therapies. Results have been substantial and far reaching. From the Port of Virginia to a highly skilled workforce, Virginia Beach is the place to launch your business. To learn more about the powerful forces at work, contact Virginia Beach Economic Development at 757-385-6464 or visit www.YesVirginiaBeach.com.
City of Harrisonburg: S H E N A N D O A H V A L L E Y Shenandoah Valley Advantage
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arrisonburg is on a roll. Chmura Economics ranks Harrisonburg first for employment growth among all Virginia metropolitan areas. According to UVA’s Weldon Cooper Center for Public Service, Harrisonburg is second only to Northern Virginia in population growth for metropolitan areas in the Commonwealth. Many factors contribute to the attractiveness of Harrisonburg, including natural beauty and abundant outdoor recreation options, proximity to Washington, D.C. and Richmond markets with excellent interstate access, and the community’s diversified and stable economic base. However, if you must pinpoint one factor that paves the way to recent economic successes, most signs point to James Madison University, the region’s largest employer and a powerful economic engine. 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, JMU is one of the top Virginia schools
of choice for high school graduaduates. JMU’s annual operating ng budget is over $500 million.. It has been estimated that this equates to approximately $13 million in local tax revenues for Harrisonburg and Rockingham County. JMU currently hass over 100 capital projects on the books at some stage of development. But this is only the tip of the iceberg when you consider the talent pipeline, technology transfer, and all of the research and development value that JMU offers to the Harrisonburg community. The Harrisonburg-Rockingham MSA has received tremendous investments from both new and existing employers. Governor McAuliffe announced in June that AXON Ghost Sentinel, a cyber security firm with numerous federal contracts, will be expanding in downtown Harrisonburg with a $1.5 million investment and adding 29 high-paying jobs. SRI International,
one of the founders of Silicon Valley, has established h its Center for Advanced Drug Research (CADRE) here. Rosetta Stone, the world’s premier w language learning la software producer, softw employs over 350 assoemploy ciates in downtown Harrisonburg. Serco operates a classification center within the Harrisonburg Technology Park as a contractor for the U.S. Patent & Trademark Office, employing over 180 classifiers trained in science and engineering. Employers are quickly discovering the tremendous assets available in the Harrisonburg area. 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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Cleared to Land. 726 AC R ES
COMMONWEALTH CROSSING
Located near US 220 South, at the VA/NC state line
Adjacent to the Norfolk Southern Railway Mainline
With a compelling opportunity for productivity, growth and long-term proďŹ tability, world-class aviation and aerospace suppliers make MartinsvilleHenry County, Virginia their home. A strategic location, hard-working employees and low cost of doing business were key motivating factors for Hardide Coatings and RTI International Metals locating their businesses here. Our newest site available, Commonwealth Crossing, offers:
Only 33 miles to Piedmont Triad International Airport, Greensboro, NC
Publicly owned by Henry County
Shovel ready by January 2016
To learn more, contact Lisa Lyle, Director of Recruiting & Marketing, at (276) 403-5942 or LLyle@YesMartinsville.com
191 Fayette Street, Third Floor | P.O. Box 631 | Martinsville, Virginia 24114 | YesMartinsville.com
Martinsville: SOUTHERN VIRGINIA
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orld-class aerospace suppliers make MartinsvilleHenry County, Virginia their home because of the compelling opportunity for productivity, growth and long-term profitability. We offer a prime location with direct access to major aircraft assembly plants and Tier 1 suppliers, along with advanced research and innovation programs for materials and manufacturing systems. Our specialized training programs are perfectly
tailored to the needs of the aviation and aerospace industry. Our highly affordable cost-of-doing business helps drive bottom-line results. In addition, we have exceptional development sites that are ready to accommodate your facility. We are invested in your industry, offer attractive incentives, and are ready to partner with you to grow your business in MartinsvilleHenry County.
Aerospace Suppliers make Martinsville-Henry County Home Hardide Coatings manufacturers advanced tungsten carbide-based coatings to serve customers in aerospace, oil and gas, and advanced engineering markets. “After a detailed evaluation of numerous locations, we chose Martinsville because it’s a community that supports advanced manufacturing and will provide us with the workforce and training partners that will help us grow our North America customer base.” - Philip Kirkham Hardide Coatings CEO
RTI International Metals, Inc. is a producer of titanium mill products, and a supplier of fabricated titanium and specialty metal components for the national and international aerospace, defense, energy, and other markets.
“The Martinsville plant is a key addition to RTI’s ability to meeting the expanding titanium needs of Airbus. RTI is the largest North American titanium supplier to Airbus, and this new facility adds an additional link in RTI’s ability to meet their needs across the entire supply chain.” - Dawn Hickton, President and CEO RTI International Metals
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&XVWRP *LJ &LUFXLWV %DFNERQH 7UDQVSRUW &DSDFLW\ RI *LJ 7HFK 6XSSRUW RU %XVLQHVV $FFRXQW 6SHFLDOLVW &XVW 6HUYLFH RU :HEVLWH EYX RSWLQHW FRP Not all services available in all areas. Some restrictions may apply. Call for restrictions and complete details. © BVU Authority 2014. All rights reserved.
Bristol Utilities: SOUTHWEST VIRGINIA
OptiNet Broadband Powers Southwest Virginia Business
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n the late 1990s, BVU, a rural public utility located in Bristol, Virginia, began putting up fiber cables to connect its offices and substations. The network soon expanded to provide fiber broadband services to local schools and government offices. In 2001, BVU launched OptiNet — a 100% fiber broadband service. OptiNet’s fiber-to-the-premise network provides dedicated, point-to-point broadband service with speeds up to 1 Gbps. Through a partnership with the Cumberland Plateau Company, the OptiNet network now extends to nine counties in Southwest Virginia, across more than 1,039 total plant miles. OptiNet is known for its pioneering work in municipal broadband throughout the area. BVU is acknowledged as the first municipal utility in the United States to deploy an all-fiber network offering the triple-play of video, voice, and data services. The fact that BVU provides such advanced broadband services to primarily remote communities has made BVU exceptional even on a global level. BVU is a member of LIT Networks, a partnership of seven regional fiber networks from Virginia to Georgia that provides seamless optical transport to the major peering points in the southeast. This unique partnership of regional networks offers a high level of diversity for enterprise customers looking to connect with US Carriers, International Carriers, and wireless tower sites. LIT Networks is a fiber net-
work that utilizes a common transport platform, which increases the value of its member networks by extending their ability to reach unserved and underserved markets. BVU offers advanced broadband solutions under its OptiPro brand to small/medium local businesses as well as national enterprise-scale companies. Two such advanced services include traditional and hosted PBX systems. Both are hosted in BVU’s privately owned cloud, so are more secure than typical VoIP services. Two options are
available: hosted PBX and premise PBX. With a premise PBX model, businesses can purchase and manage their own phone systems over an advanced IP PBX. Hosted PBX systems provide all the features of a traditional PBX, without the need to invest in equipment, making it easy for businesses to add phones or connect multiple offices as needed. With standard Internet speeds of up to 1 Gbps symmetrical and carrier Ethernet up to 10 Gbps, OptiNet offers affordable data solutions which can be tailored and scaled to meet the changing needs of any business. BVU also provides carrier-class collocation facilities for customers requiring offsite data center services. These facilities feature dual environment climate controls, fire suppression systems, generator backup, and uninterrupted dual UPS backup. BVU is heavily involved in the local community and in promoting economic development efforts in the City of Bristol, Virginia and throughout Washington County, Virginia. BVU works in conjunction with the Economic Development Committee and its Executive Director to promote the area to prospective industrial and commercial establishments. BVU also is involved in providing annual visitations, consultations and services to local existing industries, and believes these to be a vital part of economic development in Bristol and Washington County, Virginia.
Contact Information: Connie Moffatt, Sales Manager, 276-645-8712 Or visit us online at www.bvu-optinet.com
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VIRGINIA BUSINESS
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SOUTHWEST VIRGINIA:
Appalachian Power
Appalachian Power partners with local governments to promote data center site program
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ite location is one of the biggest decisions a company can make – a choice that some may argue is even more critical when it involves a data center. To help mitigate site location risks, Appalachian Power has established a site qualification program that identifies data center ready locations in its service territory. The qualification program tips the scale for Virginia locations which feature 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. Appalachian Power has confidence that Virginia’s highly trained and available workforce, favorable regulatory
environment, and pro-business policies will be attractive to companies needing data centers and to developers building co-location data centers. 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. “BLS evaluated market conditions and sites in AEP’s service territory for suitability for data centers. The consultants visited many potential sites and evaluated them on criteria including
electric and fiber optic telecommunications infrastructure, natural disasters and man-made risk factors, tax policy, incentives and a climate suitable for a data center,” said John J. Smolak, Appalachian Power’s Director of Economic and Business Development. Roanoke County’s site was identified as an excellent candidate for a mission critical data center facility, and it is favorable for future growth. There are 211 gently rolling acres available with a 50 acre site ready for a data center. The site has an excellent utility infrastructure and is highly accessible to the Roanoke Metro Region. Wythe County’s 1,200 acre park features several sites that are favorable for data center development. It is accessible to long and short haul fiber providers and has a strong electric infrastructure with available capacity onsite.
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.
LOO K I N G FO R A S IT E TO B U I L D YO U R N E X T DATA C E N T E R ? An AEP Qualified Data Center Site offers: > Competitive electric power rates > Reliable and redundant power supply > Strong fiber networks > Low risk of natural and man-made disasters Minimize risk. Choose an AEP Qualified Data Center Site. Two Virginia sites at the Roanoke County Center for Research and Technology and the Wythe County Progress Park have passed a rigorous independent qualification process to confirm they are ready for development. For questions, contact: John J. Smolak jjsmolak@aep.com 540-985-2605
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Learn more at
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> Business-friendly climate
Megasite Development In Virginia’s Tobacco Region
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decade ago, the Virginia Tobacco Region Revitalization Commission partnered with the Virginia Economic Development Partnership to assess potential megasites, and in 2008 established a $100 million initiative using tobacco settlement funds to develop large, publicly owned sites in the Commonwealth’s tobacco region. Today there are eight publicly owned megasites in the tobacco region actively being marketed that are capable of accommodating high-impact regional economic development projects with a potential for substantial direct and indirect economic impact on surrounding communities.
The megasites offer large building pads for OEMs and suppliers, robust utility capacity, innovative workforce training in a Right to Work state, and direct access to Interstate highways and the Port of Virginia. The Commission has also partnered with the Commonwealth Center for Advanced Manufacturing to designate three advanced manufacturing workforce training centers that are now operating to serve new and expanding employers in the region. This year the Commission also created a “Megasite Prospect Incentive Fund” to enhance the incentive packages available to major employment and investment (MEI) projects. In short, these megasites are now positioned to provide the total location solution to bring your megaproject online.
For additional details on these megasites visit the Tobacco Commission’s website: http://www.tic.virginia.gov/Megasite.pdf ADVERTISING
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THE LOGISTICS HUB THAT REALLY DELIVERS With our proximity to Eastern and Midwest U.S. markets, todayâ&#x20AC;&#x2122;s major retailers and distributors know Virginia really delivers the savings in time and money they need. Target, Wal-Mart, Dollar Tree, QVC Network, Ace Hardware and Cost Plus all have supply chain centers here. And more growth is on the horizon as more global market leaders see the advantage of making Virginia their ideal logistics hub. To learn how Virginia can deliver for you, call 800.446.8098 or visit portofvirginia.com