Greater Richmond, Virginia

“‘K’ Line America is a wholly owned subsidiary of a Tokyo shipping company and we brought our business to Virginia after a national search for locations in which to centralize all of our business functions … we were looking for a city that could reduce our operating costs but at the same time offer a quality of life to entice some of our more tenured employees to relocate to the new site with us.”

David Mills, Senior Vice President & Corporate Secretary of “K” Line America

MSC connects the Richmond Marine Terminal to more than 315 global ports

At the intersection of Interstates 95, 64, 195 and 295

More than 100 motor freight companies serve the region

With undergraduate and graduate programs in industrial and logistics technology, supply chain management and transportation plan-ning and analysis, the concentration of the U.S. Army’s logistics training at Fort Lee, and a range of businesses focused on innovat-ing new systems and technologies, Greater Richmond has the resources to lead the surge in supply chain analytics, technology and process development.

The world is in easy reach from Greater Rich-mond! Four major interstate highways, includ-ing I-95, cross through the region. Additional infrastructure includes air cargo capacity, two Class I rail lines, and a port with connections to the Port of Virginia – the only port on the East Coast currently deep enough to handle Post-Panamax vessels.

Greater Richmond’s central location puts 45 percent of the U.S. population and a sig-nificant percentage of its manufacturing facili-ties within a day’s drive. And with warehous-ing prices well below the national average, it’s no wonder that companies like Owens & Minor, SuperValu, Wal-Mart and Amazon call Greater Richmond home.

Amazon Online retailer

DSC Logistics Freight and logistics software and services

Estes Express Lines Less-than-truckload trucking

FedEx Package carrier

“K” Line America, Inc. Marine transportation

Lineage Logistics Cold and dry storage

Lumber Liquidators Flooring distribution center

Medline Logistics and inventory management of medical supplies

Orbit Logistics Transportation and distribution solutions

PeakLogix Warehousing and distribution technology

Riverside Logistics Logistics management and consulting

SuperValu Grocery wholesaler

UPS and UPS Freight Package carrier

XPO Logistics Freight and logistics solutions

KEY COMPANIESBelow is a representative list of supply chain-related businesses that operate in the Greater Richmond region:

n Fort Lee is a major U.S. Army training center, home to the U.S. Army’s Combined Arms Support Com-mand, Quartermaster School, Logistics Management College, and Defense Commissary Command. Under 2005 BRAC recommendations, Fort Lee has roughly doubled its space and personnel and now has a total daily supported population of about 26,000.

n Defense Supply Center Richmond (DSCR) is the aviation demand and supply chain manager for the Defense Logistics Agency. Employing 3,000, it is the primary source of supply for more than 1.2 million repair parts and operating supply items for more than 1,300 major weapons systems.

Logistics Research & Analytics

Multi-Modal Transportation & Warehousing

Wholesale Trade

SECTOR HIGHLIGHTS

GREATER RICHMOND’S MILITARY LOGISTICS FACILITIES

INDUSTRY INCENTIVESBelow is a sampling of available incentives for supply chain management businesses. Contact the Greater Richmond Partnership, Inc. for further information about additional incentive opportunities.

95

295

295

295

64

64

ChesterfieldAirport

1301

288

76

288

1

73

Henrico

Richmond

Hanover

Chesterfield

James River

85

95

Richmond InternationalAirport

HanoverAirport

150

301

H

Ai

895

R R

R R

R R

Port ofRichmond

R R

Average commute time

is only 25 minutes

Norfolk Southern & CSX provide

rail freight service

TRANSPORTATION & ACCESS TO MARKETWhether shipping perishable food products to market or machinery to customers, it’s easy to move goods in any direction from Greater Richmond. Interstates I-64, I-95, I-85 and I-295 converge in the metro area, putting 45 percent of the US population and a significant per-centage of its manufacturers within a day’s drive. Two of the nation’s largest rail operators provide freight service on double-stack Class I rail lines.

The Richmond International Airport (RIC) handles about 85 million pounds of cargo annually and is designated as a Foreign Trade Zone #207. The Richmond Marine Terminal provides domestic and inter-national multi-modal shipping opportunities including service to the Port of Virginia, which is the third-largest container port on the U.S. East Coast with service from nearly 30 international shipping lines to 200 countries.

UPS & FedEx district hubs are located in the

region

Amazon, the nation’s largest online retailer, opened a 1 million-square-foot fulfillment center in

the region in Fall 2012.

Local universities offer degrees in supply chain management

and analytics, and industrial and logistics technology.

Greater Richmond offers affordable wages and a skilled labor force of over 43,000 supply chain workers comfortable with 24/7 operations.

Barge and Rail Usage Tax Credit Tax credit given for moving goods by barge or rail

International Trade Facility Tax Credit Tax credit given for increasing the amount of cargo transported through a port facility and creating new jobs or capital investments

Port Volume Increase Tax Credit Tax credit for manufacturers or distributors who increase port usage

Foreign Trade Zone Allows businesses to defer paying U.S. Customs duties on imported goods held within the zone

Virginia Economic Development Incentive Grant Assists and encourages companies to invest and to provide new employment

Virginia Jobs Investment Program Supports the creation of new jobs and investment and helps businesses train new and existing workers

Enterprise Zones Specially designated zones offer additional incentive opportunities

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901 East Byrd Street | Suite 801 | Richmond, VA 23219 USA | 804 643 3227 | grpva.com

The Greater Richmond Partnership, Inc., is the regional economic development group representing the City of Richmond and the Counties of Chesterfield, Hanover and Henrico. We offer site location assistance and other services to domestic and foreign companies planning new or expanded facilities.

Miami

Boston

Richmond

WHY GREATER RICHMOND FOR YOUR BUSINESS? Richmond is the capital of Virginia, the center of commerce, government and academic endeavors:n Home to 8 Fortune 500 headquartersn Population of nearly 1.3 millionn Diverse local economyn Located at the mid-point of the East Coast, less than 100 miles from Washington, D.C., with more than 50 percent of the nation’s consumers within a 750-mile radiusn Excellent transportation network with rail, air, and port servicen Nearly 30 colleges and universities with almost 80,000 stu-dents and more than 15,000 degrees conferred annuallyn Virginia is a right-to-work state with moderate wages, low levels of unionization, and Unemployment and Workers’ Com-pensation costs among the lowest in the U.S.

Top 10 Best States for Business

- Forbes, 2015

Top 10 Mid-Sized American Cities

of the Future- fDi Magazine,

2015

Best Big City

Job Markets- ZipRecruiter,

2015

This Supply Chain Management cluster brochure is part of a library of information. Other cluster and specialty brochures include:

BUSINESS CLUSTERS

Supply Chain Management

Health & Life Sciences

Corporate Headquarters

Data Centers

Advanced Manufacturing

Finance & Insurance

Professional & Creative Services

Food & Beverage