Virginia Business Site Selection (2013)

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A Guide to Selecting a Business Location in Virginia SITE SELECTION Why Virginia? Universities promote business Transportation and infrastructure Recent economic development announcements VirginiaBusiness.com GUIDE

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A guide to selecting a business location in Virginia.

Transcript of Virginia Business Site Selection (2013)

Page 1: Virginia Business Site Selection (2013)

A G u i d e t o S e l e c t i n g a B u s i n e s s L o c a t i o n i n V i r g i n i a

SITES E L E C T I O N

Why Virginia?

Universities promote business

Transportation and infrastructure

Recent economic development announcements

VirginiaBusiness.com GU

ID

E

Page 2: Virginia Business Site Selection (2013)

INSURANCE BROKERAGE

RISK MANAGEMENT SERVICES

CAPTIVE & ALTERNATIVE RISK

EMPLOYEE BENEFITS CONSULTING

POPULATION HEALTH MANAGEMENT

ENVIRONMENTAL CONSULTING

SURETY BONDING

INTERNATIONAL

PRIVATE CLIENT

MARITIME

We create peace of mind by passionately delivering

exceptional employee benefits and risk management

solutions, committed to:

» Providing world-class resources with local touch

» Servicing our clients, colleagues, carriers and

communities

» Acting with integrity and respect

It’s a powerful combination to

put to work for your business.

ALEXANDRIA VA RICHMOND VA

HAMPTON ROADS VA PHILADELPHIA PA

PETERSBURG VA GLEN ALLEN VA

ROANOKE VA GREENVILLE SC

ATLANTA GARALEIGH NC

CHARLOTTE NC MOBILE AL

rutherfoord.com800-265-1778

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fall 2013

educational symposium& expoGreater Richmond Convention Center

403 North 3rd St, Richmond, VA 23219

Attend all day, half day or the Expo only!

Thursday, November 14, 2013 7:30 – 3:30 p.m.

Wednesday, November 13, 20135:30 – 7:00 p.m.

*Early bird rate is $75 if you register online at www.vsae.org by September 30.

fall 2013

Bonus event!

The premier conference designed especially for Association Executives, Corporate andGovernment Meeting Planners and ANY business professional who plans offsite events!

For more information or to register visit www.vsae.org.

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S4 AUGUST 2013 ADVERTISING

V I R G I N I A S I T E S E L E C T I O N G U I D E

S4 AUGUST 2013 ADVERTISING

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 specifi c locations in Virginia (pages S16 – S17). The fi rst 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 fi nd 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.

Strong Economy: Some of the country’s largest and most infl uential fi rms call Virginia home.

• 17,300+ high tech companies • 70+ fi rms 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

Why Virginia? Let’s count the ways…

Pro-business environment: Low operating costs, among other factors, make Virginia an appealing state to operate your business.

• 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

Innovative: College, universities and researchdevelopment facilities are leading research thfrom medical, to automotive and technology

• Virginia is home to the highest concentraof technology workers in the country. The commonwealth has the fourth high-technoemployment in the country. (Cyberstates 2

• Ranked No 1. for STEM job creation, No. STEM job growth among states, accordingU.S. Chamber of Commerce’s annual EnteStates study

• 12 research parks that allow for collaboratbetween universities, private companies afederal labs

• 11 federally funded research and developcenters, 20 federal laboratory consortium

• The National Institute of Aerospace, a pNASA Langley Research Center, conductswith multiple universities including Virginiand the University of Virginia.

• Location of several major private, nonproresearch institutions, including SRI’s CenteAdvanced Drug Research and Howard HuMedical Institute.

• Wallops Flight Facility on Virginia’s Eastehosts the Mid-Atlantic Regional Spacepowhich will be used for resupply missions toInternational Space Station.

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AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAV I R G I NN I AATransportation: Virginia’s transportation system gives you access to international and national markets through its seaports, airports, highways and railroads.

• 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 work force: Virginia has an abundant, skilled work force.

• 5th lowest unionization rate in the country (5.5 percent)

• 475,000+ students attend Virginia institutes of higher learning

• 21,000 doctoral scientists and engineers, among the highest concentrations in the nation

• 18,000 people leave the military in Virginia each year, providing a skilled supply of workers

• Work-force training assistance offered through the Virginia Jobs Investment Program

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

Excellent education: Virginia’s education system helps shape its stellar work force, from the elementary and secondary school level to institutions of higher education.

• Fourth best in overall education system as ranked by Education Week’s “Quality Counts”

• Virginia students rank third nationally for achievement on Advanced Placement exams

• 584,000+ middle and high school students are part of Career and Technical Education (CTE) 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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ererForeign 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 ADADADVADVVVVVVVADVVDVDVDVDVVVEERERTEEERTEERERERRRRRRRERRRERTRERERTERERTERTERTERTTERTERTERTERTERTERTERTERTTRTEEEEEREEEERTERTEEERERRERRRERRRRRRTRERTERTERERTERTERTRTTTERTTERTTTTTTERTERTEEREEERERTEEEEERRRERRRRRRRERRRRRERRTERTERTRTRTERTTTERTTTTTTTEEEEEERTEEEERERERERRRRERRRERRERRRRERERTERTERTERTTERTERTERTTTERTRTEEEEEEREEEERTEEERTEERTEERRRRRRRERRRTRRTTTERTERTERTTTEEEEEERTEEERTEERRRRERRRRRTRRTRTTERTERTERTTTTEEEERERTEEERTERTERERRERRRRRRRRRRTTTERTTTTTERTERTEEEEEEEEEERERERRERRRRRERRRRRERTTTTEEEEEEERRERRERERRRTERTEEEEEEEERTERRRERRRRRRERTTTERTTEEEEEEEERRRRRRRRRRRTERTTTTTERTTEEEEEERTRRRRRRRTTTERTERTEEEEEEEERRRRRRRRRTTTTTEEEEERRRERRRRRTTERTTEEEEEEEEERRRRRRERTTTERTERTTEEEEEERTERRRRRRRTTTEEEEEEEERRRRRRRTEEEEEERTERRRRRRRERTTERTTERTEEEEEEEERRRRRRRRRRERTTEEEEERTRRRRRRTTTTERTEEEEEERRRRRRTEEEEEEEEE TEEEEEEEERTTTTEEEERRRRRRTEEEERRRRRRRRTIIIISISSSSSSSISSSISISISSISISISIISISSSISSSSSSISSSSSISISSIIIIISIIISSSSSSSSISSISSIISISSSSSSSSSSISISSIIIISSSSSSSSSSIIIIISSSSSSSSSSISIIISISSSSSSSSSISIIISISSSSSSSSIIIISSSSSSSSISIIIISSSSSSSSSIIIIIISSSSSSISIIISSSSSIIIIISSSSSSIIIIIIIISSSSSSSSSSIIIISSSSSSSIIISSSSSIIISSSSSSSSSSSSSSSIIIISISSSSISSSSIIIISSSSSIIIISSSSSIISSSSIIIISSSIIISS NNNNGNNNNGNGNNGNGNGNGNGNGNGNGNGNGGNGNGGNGNGNGNGNGNNNNNNNNNGNGNGNGNGNGGGNGNGNGNGNNNNNNNGNNGGGNGGGNGNNNNNNGNGNGNNGNGGNNNNNNNGNGNNNNGGGGGNGGGNNNNNNNNGNNNGNGGNGGGGNNNNNNNNNGNNGGGNNNNGNNNNNNNNNGNGNGNNNNNNGGNNNNNNNNNNGGNGNNNNNGNGNNNNGNGGNNNGNGGNNGNNNNGNNGNNNNNNNNNNGNNNNNNNNGNNNNNNN VIVVVIVVVVVVIVVIRRGRGIRGIRGIRGIGIGIINNNNNIAIAIANIAAIAIAAIAAAAIAAAAAIAAIAIAIANIANIAIAIANIANIAAAANIAAAANIANIAAIANIIIAIAAAIAAAAIIAIANNNNNNIAIANNNNNNNNNIAANNNNNNNNIAIANNNNNNNNNIIIAIAANNNNNNNNIIANNNNNIANNNNN ANNNNIAAAANNNIIANNNNNN ANNNNNNNNNN ANNNNN AANNNNNN AAAN AAAANNIIAIAAAA BUBUBUBUBUBUBUBUBUBUBBUBUBUBUBUBUBUBUBUBUBUUUBUBUBUBUBUBUBUBBUBUBUUUUUUUBUBBUBUBUBUBUBUBUUBUBUBUUUUBUBUBBBUUUBUUBUBUUUUUUUBUBBUUBUUBUUUUUUUUUUBUUBUUUUUUUBUUUBUBBUUUUUUBUUBUUUUBUUUUUBUBUUUUUBUBUUUUUUUUUUBUUUUUBUUUUUUUUUUBUBUUUUBUUUUUBUUUUUUUUBBUUUUUUUBBUUUUBUUUUBBUBUUUUUUUUUBUUUUUUUUUUBUUUUUUUBBBUUUUUUUBUUUUUUUUUUUSINSINSINSSINSINSINSINSINSINSINSINSINSSINSININSINSINSINNNSINSINSINSINSINSINSINSISSINSISINSINSINSINNSINSINSISINSINSINSINNSINSSINSINSSSSINNNSSSSSINNNNSINSSSSSINSSSSSINSINSINSSSS NSINSSSS NS NSINNNSINNNNNS NNSSSSSSSS ESESSESSESSESSESSESSESSESSESSESEESSESSESSESSESSSSESESSESESSESSESSSSSSSSSSSSESSSSSSSSSSSESSESSESSESSEESSESESESSESSSSSSSSSSSSSSSSSSESSSESESSESSESESSSSSSSSSSSSSSESSSESESSESESSSSSSSSSSSSSSESSESEESSSSSSSSSSSSSSSSESSEESSSSSSSSSSSSSSEESSESSSSSSSSSESESSESSSSSSSSSSSSSSSSESSSSSSSSSSSSEESSSSSSSSSSEESESSSSSSESSSSSSSSSESSSSSSSSSESSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSESSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS S5S5S5S5S5S5S5S5SS5S5SS5S5S5S5S5S5S55S5S55S5S5S5S5SS555S5S5S5S5S5SSSS5S5S5S55S55S5S5S5S5S55S5S5S5S5SSS555555555555555555S5S5S5555555S5S555555555555555SS5S5555555555SS5S5555S5S55555S5S55555S55555S5555555S5555555AAAAAAA

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Yes, Virginia These companies recently said “yes,” to locating or expanding in the commonwealth. Here’s why:

Th e quality of Virginia’s workers was a major draw for Macerata Wheels LLC, which chose to locate its custom wheels business in Danville. Th e 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 fi rst Virginia food processing facility in Staff ord County following the acquisition of the former Marketfare Foods. Th e $5.75 million expansion should create 350

new jobs. “In addition to the skills and capabilities of our current

work force, Virginia off ers 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 fi nished products. Furthermore, the county off ers busi-ness-friendly policies and an excellent transport and logistics network, which is critical to the success of Greencore.”

— Liam McClennonCEO for Greencore USA

“Th e 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 Chesterfi eld 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 Chesterfi eld specifi cally speaks to the relationships we have developed within the community and the wonderful environment the state has fostered for growing businesses.”

“Th e state, regional and local economic development organizations were excellent to work with, providing us with timely information about the benefi ts 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 fi rst Virginia operation in Alleghany. Th e 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. Th ese factors, combined with a signifi cant

incentive package, led us to this decision.”Source: News releases, Virginia Business

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Quickfacts: Virginia versus the U.S.Virginia USA

POPULATION (2012) 8,185,867 313,914,040

Persons under 5 years (2012) 6.2% 6.4%

Persons under 18 years (2012) 22.7% 23.5%

Persons 65 years and over (2012) 13.0% 13.7%

Female persons (2012) 50.9% 50.8%

FOREIGN BORN (data from 2007-2011)

Foreign born persons 11.0% 12.8%

Language other than English spoken at home, percent age 5+ 14.4% 20.3%

EDUCATION (data from 2007-2011)

High school graduate or higher, persons age 25+ 86.6% 85.4%

Bachelor’s degree or higher, persons age 25+ 34.4% 28.2%

Veterans, 2007-2011 743,070 22,215,303

Mean travel time to work, 2007-2011 27.3 minutes 25.4 minutes

HOUSING (data from 2007-2011)

Housing units 3,387,654 132,312,404

Homeownership rate 68.4% 66.1%

Housing units in multi-unit structures 21.4% 25.9%

Median value of owner-occupied housing units $254,600 $186,200

Persons per household 2.57 2.6

Per capita money income $33,040 $27,915

Median household income $63,302 $52,762

Persons below poverty level 10.7% 14.3%

Virginia USA

Private nonfarm establishments 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 fi rms (2007 data)

African-American-owned fi rms 9.9% 7.1%

American Indian- and Alaska Native-owned fi rms 0.5 0.9

Asian-owned fi rms, percent 7.0 5.7

Native Hawaiian and Other Pacifi c Islander-owned fi rms 0.1 0.1

Hispanic-owned fi rms, percent 4.5 8.3

Women-owned fi rms, percent 30.1 28.8

Business QuickFacts (2011 data)

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Virginia: A closer look

Industry Employment and Projections (Long term)Percent change

Estimated 2010

Projected 2020 Change Total Annual

Total, all industries 3,923,952 4,623,926 699,974 17.84% 1.66%Agriculture, forestry, fi shing and hunting 57,682 53,526 -4,156 -7.21 -0.75Mining, quarrying, and oil and gas extraction 8,596 8,354 -242 -2.82 -0.29Utilities 10,896 10,880 -16 -0.15 -0.01Construction 182,999 247,486 64,487 35.24 3.06Manufacturing 229,827 235,292 5,465 2.38 0.24Wholesale trade 110,111 126,499 16,388 14.88 1.40Retail trade 398,103 454,590 56,487 14.19 1.34Transportation and warehousing 101,632 119,997 18,365 18.07 1.68Information 76,089 82,720 6,631 8.71 0.84Finance and insurance 120,580 137,719 17,139 14.21 1.34Real estate and rental and leasing 51,509 58,228 6,719 13.04 1.23Professional, scientifi c and technical services 381,552 522,818 141,266 37.02 3.20Management of companies and enterprises 73,845 77,928 4,083 5.53 0.54Administrative and support and waste management 194,688 232,358 37,670 19.35 1.78Educational services 350,312 432,989 82,677 23.6 2.14Health care and social assistance 386,804 523,900 137,096 35.44 3.08Arts, entertainment and recreation 46,535 54,151 7,616 16.37 1.53Accommodation and food services 294,179 335,566 41,387 14.07 1.33Other services (except public administration) 125,799 148,068 22,269 17.7 1.64 Source: Virginia Employment Commission

Virginia: In the NewsWhen 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 not-ed for its high average income, low cost of living and low unemployment.

• 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 common-wealth landed the No.2 spot in 2012 for the third year in a row. Forbes highlighted Virginia’s diverse econo-my, strong incentives and pro-business policies.

• 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-Busi-ness 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.

• Virginia has remained a top player in CNBC’s Amer-ica’s Top States for Business list, which has been

around since 2007. The commonwealth tied for fi fth place with Utah in 2013. States are ranked on a num-ber 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 devel-opment strategies and availability of skilled workers, among other factors.

• According to Cyberstates 2013, which analyses Unit-ed States’ tech industry, Virginia is the leading technol-ogy state in the nation. Ten percent of Virginia’s pri-vate-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.

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Source: Virginia Employment Commission

Unemployment rates

23 Virginia companies on Fortune 500Twenty-three Virginia companies

made this year’s Fortune 500 list of the nation’s largest companies.

The 2013 list included three chang-es from 2012. Huntington Ingalls In-dustries Inc., the Newport News-based shipbuilder, joined the list at No. 380. The company formerly was the ship-building division of Falls Church-based Northr op 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 manage-ment company was acquired by India-napolis-based health insurer WellPoint late last year.

Also missing from the list was Al-liant 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.

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 Smithfi eld Foods Smithfi eld 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

Employers by size of establishment

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 SSSource:eee:eee:ee:eeeeeee:e:ee::e:e:ee:ee::ee:eeeeeee:eee:::::ee: VirgVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVV iniaaaaaaaaaaaaaaaaaaaaaaaaaa EmpEEEEmEmEmEEmEEmmEmEmEmEEmEEEEEEmmmEmmmEmmEEmEmEmEEEEEmmmEmEmmEEEEmmEEmEmmEmmEEmEmEEEmEEEEEmmE loymmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmment eeneneeeeneneneneeeeeenenenenneneneeneeeennneneneeeenenneeenenneeenneeeenneneeeneneneennne Commmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmissiiiiiiiiiiiiiiiiiiiiiii on

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Average weekly wage by industryTotal, all industries $1,042

Agriculture, forestry, fi shing and hunting 613

Mining, quarrying, and oil and gas extraction 1,372

Utilities 1,860

Construction 1,013

Manufacturing 1,041

Wholesale trade 1,435

Retail trade 513

Transportation and warehousing 901

Information 1,577

Finance and insurance 1,680

Real estate and rental and leasing 1,000

Professional, scientifi c and technical services 2,017

Management of companies and enterprises 2,117

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

Government total 1,133

Federal government 1,654

State government 941

Local government 805

Source: Virginia Employment Commission

New startup fi rms

4th quarter 2009 2,135

1st quarter 2010 2,633

2nd quarter 2010 2,475

3rd quarter 2010 2,758

4th quarter 2010 2,568

1st quarter 2011 3,090

2nd quarter 2011 3,023

3rd quarter 2011 2,405

4th quarter 2011 2,518

1st quarter 2012 3,079

2nd quarter 2012 2,506

3rd quarter 2012 3,977

4th quarter 2012 3,033

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 10,530,229 9.17

Source: U.S. Census Bureau, Virginia Employment Commission

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Community Colleges Institution Location Phone Website President

Full-time students

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 jtcc.edu Marshall W. Smith 2,815 7,330 10,145

6 Virginia Western Roanoke (540) 857-8922 virginiawestern.edu Robert H. Sandel 2,569 5,871 8,440

7 Germanna Fredericksburg (540) 891-3000 germanna.edu 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 wcc.vccs.edu Charlie White 1,295 2,422 3,717

16 Rappahannock Glenns (804) 758-6700 rappahannock.edu Elizabeth H. Crowther 864 2,847 3,711

17 Mountain Empire Big Stone Gap (276) 523-2400 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 Proffi tt 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

Colleges & Universities (Public) Institution Location Phone Website President Part-time

students1Full-time students1

1 Virginia Tech Blacksburg (540) 231-6000 vt.edu Charles W. Steger 2,824 28,263

2 Virginia Commonwealth Richmond (804) 828-0100 vcu.edu Michael Rao 6,603 25,149

3 University of Virginia Charlottesville (434) 924-0311 virginia.edu Teresa A. Sullivan 2,928 20,979

4 George Mason University Fairfax (703) 993-1000 gmu.edu Angel Cabrera 12,657 20,304

5 James Madison University Harrisonburg (540) 568-6211 jmu.edu Jonathan R. Alger 1,535 18,392

6 Old Dominion University Norfolk (757) 683-3000 odu.edu John Broderick 7,768 16,902

7 Radford University Radford (540) 831-5000 radford.edu Penelope W. Kyle 710 8,863

8 College of William & Mary Williamsburg (757) 221-4000 wm.edu Taylor Reveley 480 7,778

9 Norfolk State University Norfolk (757) 823-8600 nsu.edu Tony Atwater 1,452 5,648

10 Virginia State University Petersburg (804) 524-5000 vsu.edu Keith T. Miller 1,009 5,199

11 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 746 4,088

13 University of Mary Washington Fredericksburg (540) 654-1000 umw.edu Richard V. Hurley 1,072 4,021

14 Virginia Military Institute Lexington (540) 464-7230 vmi.edu J.H. Binford Peay III2 0 1,664

15 U.Va. College at Wise Wise (276) 328-0100 wise.virginia.edu Donna Price Henry3 898 1,522

16 Richard Bland Petersburg (804) 862-6100 rbc.edu Debbie L. Sydow 1,008 532

1 Based on 2012 fall enrollment numbers 2 Superintendent 3 Chancellor Source: State Council of Higher Education for Virginia.

1 Fall enrollment 2012 Source: State Council of Higher Education for Virginia

Page 12: Virginia Business Site Selection (2013)

S12 AUGUST 2013 ADVERTISING

V I R G I N I A S I T E S E L E C T I O N G U I D E

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 in-frastructure.

The plan is expected to bring in an additional $4 bil-lion 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 common-wealth’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

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, Virgin-ia’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.

Transportation and infrastructure

Air travel : Virginia includes 14 commercial airports that provide access to more than 200 destina-tions around the world. Virginia is also home to two major airports: Washington Dulles Internation-al 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 net-works: I-95, I-85, I-77, I-66 and I-64.

Passenger rail: Amtrak in Virginia reaches more than 20 Virginia loca-tions, including a new stop in Nor-folk. The state is currently working on bringing passenger rail to Roa-noke. The Virginia Railway Ex-press offers commuter rail service from Northern Virginia suburbs to Alexandria, Crystal City and Wash-ington, D.C. VRE includes 18 sta-tions, as far south as Fredericks-burg and as far west as Manassas,

carrying an average of 20,000 pas-sengers each day. Northern Virgin-ia also is home to many Metrorail stops, bringing commuters into the city. Another new project, The Tide, is a seven-mile light rail proj-ect that opened in Norfolk. Virginia Beach is considering constructing its own light rail that would con-nect to Norfolk.

Freight rail: Virginia’s freight rail-roads 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 con-nections 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 Na-tional Gateway, which would allow double-stacked container trains to

travel from Northern Carolina, up the East Coast and to the Midwest.

Port of Virginia: The Port of Vir-ginia is one of the East Coast’s major seaports, handling 1.2 mil-lion 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 traffi c after the Panama Canal ex-pansion is complete in 2015. Vir-ginia’s port is one of only two on the Eastern seaboard that can han-dle today’s largest ships when fully laden. The Port of Richmond is a multimodal freight and distribu-tion 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.

Page 13: Virginia Business Site Selection (2013)

ADVERTISING VIRGINIA BUSINESS S13

V I R G I N I A S I T E S E L E C T I O N G U I D E

Universities promote businessWhen it comes to Virginia’s public universities, forget all ivo-ry tower imagery. These institutions are becoming key tools in Virginia’s economic development efforts. Virginia’s uni-versities are working with businesses to leverage their own research into fi nding applicable business solutions. They are

forging partnerships with businesses, developing corporate research parks and working to grow small businesses at uni-versity-based incubators. Following are examples of univer-sity research parks and collaborations between universities and businesses around Virginia.

Commonwealth Center for Advanced Manufacturing (CCAM) Prince George Countyccam-va.com

CCAM is a research-based collaboration between manufacturing companies and the University of Virginia, Virginia Tech and Virginia State University. CCAM sci-entists 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 engi-neering technologies and manufacturing systems.

Commonwealth Center for Advanced Logistics Systems (CCALS)Prince George Countyccals.com

CCALS is a collaboration between indus-try, government and universities that was launched in December 2012. The organi-zation, modeled after CCAM, is designed to deliver improvements to logistics sys-tems. Members include four universities, two companies and one government or-ganization.

Innovation Research Park @ ODUNorfolkirpodu.com

Innovation Research Park is part of a 75-acre, mixed-used development on Old Dominion University’s campus that in-cludes two 100,000-square-foot buildings that offer Class A offi ce space and wet and dry laboratory space. The Innova-tion Research Park was designed to help businesses access ODU’s research and resources, as well as provide proximity to federal labs and military centers.

Innovation Technology Park Prince William Countypwcecondev.org

The 1,600-acre business and technology park targets companies ranging from the biotechnology and information technol-ogy fi elds 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 Danvilleialr.org

The institute focuses on research in four key areas: sustainable and renewable re-sources, analytical chemistry, polymers and composites and vehicles. The insti-tute formed as a partnership including Virginia Tech, Averett University, Danville Community College, Pittsylvania Coun-ty, Danville, the Future of the Piedmont Foundation, the Virignia Tobacco Com-mission and the Commonwealth of Vir-ginia.

University of Virginia Research Park Charlottesvilleuvafoundation.com

The 562-acre research park is a mixed-use commercial development property. The park is zoned for offi ce, light industry, hotel/conference center, retail and labo-ratory commercial uses. The business park is designed to be a corporate village setting among natural beauty.

Virginia Advanced Shipbuilding and Carrier Integration Center Newport Newsvascic.com

VASCIC’s state-of-the-art facility hosts representatives from Newport News Shipbuilding, electronic system suppli-ers, software suppliers, U.S. Navy labora-tories and program representatives, and higher education institutions to develop new technologies for aircraft carriers, submarines and other advanced ship-building programs.

Virginia BioTechnology Research Park Richmondvabiotech.com

The research park, adjacent to the Vir-ginia Commonwealth University Medical Center, is home to 64 life science com-panies, research institutes, state/federal labs and more than 2,200 scientists, engi-neers and researchers. The park is locat-ed on 34 acres and consists of nine build-ings with more than 1.1. million square feet of research and offi ce space.

Virginia Modeling, Analysis and Simulation Center Suffolkwww.vmasc.odu.edu

Old Dominion University’s multidisci-plinary research center emphasizes com-puter modeling, simulation and visualiza-tion research, development and educa-tion. The center’s mission is to conduct collaborative research and development to work with government and private in-dustry.

Virginia Tech Carilion School of Medicine and Research Institute Roanokevtc.vt.edu

Located near downtown Roanoke and adjacent to the Carilion Roanoke Me-morial Hospital, research conducted at the institute combines scientifi c research from Virginia Tech with clinical expertise at Carilion. Research focuses on the mo-lecular basis for health and disease, and development of diagnostic tools, treat-ments and therapies to help fi nd solu-tions in today’s medicine.

Virginia Tech Corporate Research Center Blacksburgvtcrc.com

The mission of the 230-acre corporate re-search park is to create a space for high-technology research companies that can potentially form research partnerships with Virginia Tech. The park is located next to the university’s campus.

Page 14: Virginia Business Site Selection (2013)

S14 AUGUST 2013 ADVERTISING

V I R G I N I A S I T E S E L E C T I O N G U I D E

SSSS

THWESWSOOUTHO HOUTHOUTHTHHOOUTHO HOUTHOUTHHWESTTHWESWWEHHHHWESTAVIRGINVVV INIAAININIA

A sampling of Virginia’s recent economic development announcements (2012-2013)

SOUTHWEST VIRGINIAFranklin County: Ply Gem Win-dows, a building products manu-facturer, will create 200 jobs in a $9 million expansion.

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 VIRG INIADanville: China-based GOK In-ternational will create 300 jobs and invest $12.5 million on its U.S. headquarters and furniture assembly facilities.

Halifax County: Aquatic, a man-ufacturer 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.

Martinsville: Faneuil Inc.’s cus-tomer service center will create 100 jobs, a $1 million expansion.

CENTRAL VIRGINIACampbell County: Common-wealth Applied Silica Technolo-gies’ manufacturing facility will create 300 jobs, a $35 million investment.

Hanover County: The Vitamin Shoppe’s new distribution center will create 174 jobs, a $39.4 mil-lion 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 invest-ment.

SHENANDOAH VALLEYAugusta County: Innovative Re-frigeration Systems Inc., which makes customized turnkey in-dustrial refrigeration systems, will create 102 jobs in a $750,000 expansion.

Clarke County: Berryville Graph-ics’ expansion will create 84 jobs, a $10.6 million investment.

Frederick County: McKesson Corp., a distributor of medical and surgical supplies, will create 205 jobs in a $36.9 million invest-ment.

Harrisonburg: Tenneco Inc. will create 100 jobs in a $4.7 million expansion.

HAMPTON ROADSChesapeake: Xerox is expand-ing 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 Re-pair’s $3 million expansion will create 142 new jobs.

Virginia Beach: LoanCare, a divi-sion of FNF Servicing Inc., will create 178 jobs, a $1.4 million expansion.

ROANOKREGIONA

PARTNERS

Page 15: Virginia Business Site Selection (2013)

ADVERTISING VIRGINIA BUSINESS S15

S AHNANDOAAASHENS NSHEN HHHHENNHENNNHEN AAOAAAAVALLEYVVV YYYVAVAVVVVA

HEREOUTHEHEEEHERNERNERRNERNSOOONVIRGININNNNNIANNNINNNNIVVV

CENTRARATRALTRARARATRACCCCCCCCCCCCRGIN AINIANIANIAVIRGINRGININNINRGINVVV

NNHERNNNNNORTRTHEHERTRTHETHTTHTTHTHNNNNNNNNNN NNNNNNNNNNNNNIAVIRGGINIANIANGGINIAVVV

HAMPTONMMPMHAHAHA ONONONHHHHAMAMHAHAHAHAMAMAAAMAAAMAMROADSRRROAAAOAAOAAAOAROROOOOOOORO

Harrisonburg

RRichmondichmond

Source: The Virginia Economic Development Partnership

CENTRAL VIRGINIADallan Construction ................... S16Lingerfelt .................................... S17VSBFA ......................................... S19

HAMPTON ROADSNorfolk ........................................ S20Franklin/Southampton .............. S21Innovation Research ................. S22

Park @ ODUVirginia Beach ........................... S23

Economic Development

NORTHERN VIRGINIACulpeper County ....................... S25HITT Contracting Inc. ............... S27

SHENANDOAH VALLEYHarrisonburg .............................. S28

SOUTHERN VIRGINIAGigapark .................................... S29

SOUTHWEST VIRGINIAAppalachian Power .................... S30Roanoke Regional ..................... S31

Partnership

I N D E XNORTHERN VIRGINIAFairfax County: Amazon Web Services’ expansion will yield 500 jobs in a $9.5 million in-vestment.

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 cre-ate 138 jobs in Fairfax County where it’s based.

Loudoun County: Metron Aviation, a provider of air traf-fi c 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

Norfolk

CULPEPER COUNTY

SOUTHAMPTONCOUNTY

FranklinVIRGINIA BEACH

E AL HIP

Page 16: Virginia Business Site Selection (2013)

S16 AUGUST 2013 ADVERTISING

Dallan Delivers. Dallan Construction Inc. is a full service, general contracting fi rm 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 fi rm has an excellent reputation, which it maintains through its relationships with satisfi ed clients, architects, subcontractors and vendors. Dallan secures a majority of its work through negotiated or select bid contracts, frequently with repeat clients.

❖ General Contractors ❖ Design/Build ❖ Project Management ❖ Construction Management

(804) 421-9326www.dallanconstruction.com

C E N T R A L V I R G I N I A : D a l l a n C o n s t r u c t i o n

Visit us at www.dallanconstruction.com.

Page 17: Virginia Business Site Selection (2013)

ADVERTISING VIRGINIA BUSINESS S17

Lingerfelt Companies – Demonstrated Results In A Challenging Real Estate ClimateLingerfelt Companies, headquartered

in Richmond, Virginia, is a quality full-ser-vice, self-administered and self-managed real estate company with a deeply root-ed history of successful real estate acqui-sition 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 val-ued at over $1 billion. Property types in-clude: medical and professional offi ces, industrial and distribution facilities, data and call centers, elderly housing and nurs-ing homes throughout the Mid-Atlantic and Southeast, primarily in Virginia, North Carolina, South Carolina, Tennessee and Maryland. 

The company has an exception-al reputation for quality acquisition, de-velopment, and institutional asset man-agement, 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 ac-quired the Bank of America Plaza Tower in Nashville, Tennessee’s downtown market. Located at 414 Union Street, this proper-ty totals 435,525 square feet, is 21 stories and occupies a half city block in the cen-tral business district. This $41.75 million acquisition takes Lingerfelt’s total Ten-nessee portfolio holdings up to 919,672 square feet.

Innsbrook Corporate Center(Richmond, Virginia)Lingerfelt Companies recapitalized its Innsbrook portfolio, consisting of 14 prop-erties, totaling 1,000,000 square feet in the Innsbrook Corporate Park and surround-ing areas, cementing its position as one of the largest owners in the Innsbrook sub-market.

BioTech 3 Building Complex(Richmond, Virginia)In April 2013, Lingerfelt started the third phase of BioTech 8, a six-story tower with-in the 34-acre Virginia BioTechnology Re-search Park in downtown Richmond, Vir-ginia. The project completes this $100 mil-lion three-building headquarter complex, totaling 276,000 square feet including a four-story, 485-space parking deck. This facility is an expansion for Health Diag-nostic Laboratory, Inc. (HDL, Inc.), one of

the nation’s fastest-growing health man-agement companies, a CLIA-certifi ed and CAP-accredited laboratory.

Boulders Offi ce Park(Richmond, Virginia)The acquisition of three Class A commer-cial offi ce buildings in the Boulders Offi ce 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 Vir-ginia’s leading and most technologically ad-vanced orthopedic and sports medicine des-tinations. For two regional healthcare organi-zations, OrthoVirginia and HCA Virginia, it is the region’s fi rst-of-its-kind, $25 million, two-story, 70,000 square feet medical facility spe-cializing in orthopedics and sports medicine treatment and rehabilitation.

L i n g e r f e l t : C E N T R A L V I R G I N I A

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.

VISIT OUR WEBSITE TO SEE OUR FULL PORTFOLIO OF PROPERTIES: WWW.LINGERFELTCO.COM OR CALL 804.270.0015

OrthoVirginia Reynolds Crossing Heart Institute

Innsbrook Real Estate Portfolio

y g

Nashville PortfolioHDL Inc. BioTech 8

Boulders Office Park Portfolio

CONTACT: BRIAN WITTHOEFFT ALAN LINGERFELT RYAN LINGERFELT

S A L U T I N G B U S I N E S S S U C C E S S

Lingerfelt Companies can be found on the web at LingerfeltCo.com.

Page 18: Virginia Business Site Selection (2013)

VIRGINIA IS FOR (small business)

LOVERS

Virginia State Small Business Credit Initiative1. Cash Collateral Program

2. Loan Purchase Participation Program3. Economic Development Loan Fund

4. Virginia Capital Access Program

Credit Enhancement Solutions designed for Small Business Lenders!

How do we love small business? Lenders, let us count the ways

804-371-8254

Page 19: Virginia Business Site Selection (2013)

ADVERTISING VIRGINIA BUSINESS S19

Virginia Small Business Financing Authority: C E N T R A L V I R G I N I A

Here is what our bank partners and business clientshave to say about the VSBFA

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.

“Th e VSBFA provided access to fi nancing that will promote the growth of our company. Patty Th orne, VSBFA Senior Project Finance Manager, was willing to step in and assist Wells Fargo with fi nancing 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.

Partnering with Virginia’s Banksto Finance Virginia’s Businesses

Michael Shaver

“We brought VSBFA’s Patty Th orne 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 thoroughlyimpressed by the responsiveness, fl exibility, and client focus. Moreimportantly, 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.

“Th e VSBFA made a diffi cult deal possible and it wouldn’t have been done without their sup-port. Patty Th orne and the VSBFA team were very professional and their expertise helped move the project forward.”

Rob Anderson, Business Development Offi cer, Wells Fargo

Page 20: Virginia Business Site Selection (2013)

S20 AUGUST 2013 ADVERTISING

H A M P T O N R O A D S : C i t y o f N o r f o l k

Welcome to Norfolk, VirginiaLooking for a great Mid-Atlantic location with ter-

rifi c sites, available buildings, and a business-friendly commu nity?  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 bay-front 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 fi rst year of a return of Amtrak pas-senger rail service leaving our downtown for destina-tions 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

city Norfolk City-Owned

Available Properties

Ocean View - On the Chesapeake Bay

From just one click…

5 Acre Site

Lake Wright East - 17 Acre Site

Page 21: Virginia Business Site Selection (2013)

ADVERTISING VIRGINIA BUSINESS S21

Franklin and Southampton County, two communities collaborating as one

The City of Franklin and South-ampton County are prepared and poised to accommodate your busi-ness expansion.  With acres of in-dustrial property located within state-designated Enterprise Zones, these communities in western Hampton Roads have numerous benefi ts to offer businesses.

Pretlow Industrial Park in the City of Franklin includes the following:

• 160 acres of publicly owned property

• Zoned M-2 heavy indus-trial

• 500,000 gallon water tower

• Water and sewer infra-structure

• Direct exposure along Highway 58

Southampton Commerce and Logistics Center in Southampton County offers:

• 80 developable acres of publicly owned property

• Zoned M-2 heavy indus-trial

• 500,000 gallon water tower

• Water, sewer and storm water infrastructure

• CSX rail line• Access to natural gas • Service by a state-of the-

art wastewater treatment plant

• Proximity to Highway 58

Southampton Business Park• 25 developable acres of

publicly owned property• Zoned M-1 light industrial• 150,000 gallon water tower

• Water, sewer infrastructure • Natural gas available

Both localities offer close proximity to the Port of Virginia, new and ex-pansive 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 offer-ing innovative training solutions for new and existing businesses. The Franklin Business Incubator pro-vides 40,000 square-feet of fl exible space and conference room facili-ties.

The entrepreneurial spirit is en-grained in the Franklin Southamp-ton Community making it an ideal location for new businesses, from startups to seasoned companies.

Franklin/Southampton County: H A M P T O N R O A D S

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

Quietly Connecting you to your business location needs

601 N. Mechanic Street | Suite 300 | Franklin, VA 23851Ph: 757-562-1958 | [email protected]

Page 22: Virginia Business Site Selection (2013)

S22 AUGUST 2013 ADVERTISING

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.

WWW.IRPODU.COM

For Leasing Opportunities Contact Don Crigger p: 757.228.1847 e: [email protected]

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 Uni-versity into an economic develop-ment driver for the City of Norfolk, the Hampton Roads region and the Commonwealth of Virginia. De-veloped by Wexford Science and Technology, IRP currently includes two, 100,000-square foot Class A wet lab/offi ce 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 con-ducting research, business mentor-ing and new product development.

Central to these efforts is the ODU Business Gateway, an an-chor tenant in IRP. The Business Gateway is a comprehensive suite of business consulting and entre-preneurial services, manufacturing

and technology solutions, training and professional development and veterans business outreach and procurement assistance that pro-vide companies and organizations a single entry point to engage the intellectual capital, innovative tech-nologies and world-class infrastruc-ture of Old Dominion University to solve business problems, create new offerings and unlock opera-tional effi ciencies.

From small offi ces to fl exible, ready-now wet lab space, to larger build-to-suit footprints, Innovation Research Park @ ODU can meet the needs of companies from start-up through maturity and is becom-ing an important job and economic development driver for the Hamp-ton Roads region.

H A M P T O N R O A D S : Innovation Research Park @ ODU

Page 23: Virginia Business Site Selection (2013)

ADVERTISING VIRGINIA BUSINESS S23

over the past two years in Virginia Beach and we are about to double again.”

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. YesVirginiaBeach.com (757) 385-6464

-Guenter Weissenseel, President, IMS Gear

Virginia Beach – Best City to Start a BusinessVirginia 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

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

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.

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 fi rst 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.

Virginia Beach Economic Development: H A M P T O N R O A D S

Page 24: Virginia Business Site Selection (2013)

Wranglers, welders, woodworkers, winemakers and web developers... they all craft dreams into reality right here in Culpeper, Virginia. That’s because whether

Virginia soil, Culpeper offers the right people, the right location, and the right environment to help your business grow.

pioneers already call Culpeper home, including:

Bingham & Taylor Masco Builder Cabinet Group

Builders FirstSource Old House Vineyards

Communications Corporation Rochester Wire and Cable LLC/

Continental Automotive Systems, Inc. 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

abundant and reliable power

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.

relocating your manufacturing business, discover a place where

Culpeper, Virginia. For your FREE Culpeper Business Guide, www.CulpeperUSA.com.

CULPEPER

Charlottesville

Richmond

Washington, D.C.

Culpeper Department of Economic Development

Email: [email protected]

From Cabinetry to Cabernet,Cast Iron to The Cloud...

They’re All Proudly Made in Culpeper USA.

of America TE Connectivity

Page 25: Virginia Business Site Selection (2013)

ADVERTISING VIRGINIA BUSINESS S25

C u l p e p e r C o u n t y : N O R T H E R N V I R G I N I A

While some counties are known for their specialized “corridors,” Culpeper is bringing balance back to the local economy. Combining high-technology, light manufacturing and agri-culture, Culpeper’s geography, infrastructure, workforce and quality of life have converged to make it one of the premier Mid-Atlantic loca-tions 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 cam-puses), and the Library of Congress’ Packard Campus of the National Audio-Visual Conserva-tion Center. Recently however, Culpeper is ex-periencing a renaissance in light manufacturing.

Many Mid-Atlantic locations lack the af-fordable space needed to cost-effectively build, manufacture or grow tangible products. Con-versely, rural areas are often at a disadvantage either geographically, or lack the high-tech in-frastructure needed to attract today’s advanced manufacturing and data center campuses. Cul-peper offers the ideal blend of all worlds.

Culpeper has long been home to compa-nies like Bingham & Taylor, Continental Auto-motive Systems, Euro-Composites Corp. and Rochester Wire and Cable LLC/TE Connectiv-ity. In recent months, a number of light manu-facturing operations have joined the Culpeper manufacturing community, including Hardwood Artisans, a manufacturer of hand-crafted hard-wood furniture, and Toll Integrated Systems, a manufacturer of roof trusses, wall panels and other building materials.

Simultaneously, Culpeper’s high-tech com-munity continues to grow, including this sum-mer’s addition of research and development fi rm 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 secu-rity.

Beyond high-technology and manufactur-ing sectors, agriculture continues to be a vibrant part of the Culpeper economy and quality of life. In fact, Culpeper is home to over 600 work-ing farms, a third of which are owned by families that are dependent on their farm as their prima-ry source of income. Viticulture is also a grow-ing sector of the county’s agriculture for Virginia wineries.

“It’s kind of ironic. Historically Culpeper was known for its light manufacturing and ag-ricultural 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-of-the-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, fi ber optics, water) and workforce to sup-port the most advanced technology.”

The secret to Culpeper’s balanced economy is found in the seven key advantages the county offers businesses.

1. Location and LogisticsCulpeper is centrally located in one of the best regions for business found anywhere, offering convenient access to the nation’s leading mar-kets 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 AdvantageAs one of Virginia’s fi ve strategically-placed For-eign 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 foreign-based competitors.

3. Business IncentivesCulpeper offers a collaborative approach to growing businesses. In addition to Virginia’s already low tax rates and operating costs, Cul-peper offers a variety of incentive programs such as an accelerated depreciation schedule for the assessment of business personal prop-erty, 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 fi ber optic network is ro-bust and sophisticated enough to support one of the world’s most sophisticated data center campuses.

5. The Culpeper WorkforceCulpeper has a proud tradition of productivity

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, tra-ditional craftsmanship, advanced manufacturing and modern agriculture.

6. The Virginia AdvantageOffering 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 organiza-tions such as CNBC and Forbes.

7. Quality of LifeCulpeper 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 vi-brant downtown that has garnered two presti-gious awards: The National Trust for Historic Preservation’s 2012 Great American Main Street Award and The 2011 American Planning Asso-ciation’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 BalanceFrom cabinetry to cabernet, fi ber optics to automotive braking systems, handmade hard-wood 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-fi lled skies coexist beautifully… Culpeper, Virginia. For your FREE Culpeper business guide, call 1-800-793-0631 or visit www.culpeperusa.com.

Culpeper USA. Experience the Power of Balance.

The Seven Habits of Highly Effective Business Locations

Page 26: Virginia Business Site Selection (2013)

HITT CONTRACTING INC. / (703) 846.9000 / hitt-gc.com / @twHITTrWashington DC / Atlanta / Baltimore / Charleston / Denver / South Florida

Build Quality.

It’s What We Do.

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

- Institutional

- Law Firms

- Major Projects

- Paint & Service

- Technology

Page 27: Virginia Business Site Selection (2013)

ADVERTISING VIRGINIA BUSINESS S27

Virginia is Our HomeWith 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 lead-ing general contractors in the Commonwealth of Virginia

and throughout the United States. Headquartered in Falls Church, HITT has over 700 employees located in six offi ces nationwide working together to deliver more than 3,600 projects each year.

H I T T C o n t r a c t i n g I n c . : N O R T H E R N V I R G I N I A

Recent Notable Work

HITT Corporate InteriorsThe recently completed two-fl oor ten-ant fi t-out for Catholic Charities USA in Old Town Alexandria consisted of the construction of a chapel with a raised clerestory roof, high-end offi ce 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 fi nish the fl oors and walls of the entire chapel.

HITT’s GDIT Patriot Ridge project is an 113,000 square-foot, LEED® Silver certifi ed facility located in Springfi eld. The scope of the project included a conferencing facility, two data centers supported by a new dedicated chiller plant and electrical infrastructure, of-fi ce areas, conference rooms, common areas and multiple LAN rooms and SCIF spaces. Interior construction was coordinated concurrently with the base building to produce a beauti-ful, functional design.

HITT Base BuildingHITT has delivered almost $3 Bil-lion of new construction over the past seven years including mixed-use, multi-family and offi ce facili-ties. Recently delivered projects include Prosperity Flats, a 12-story, 327-unit apartment complex and 137,000 square-foot parking ga-rage in Merrifi eld and over 2 mil-lion square-feet of mixed-use devel-opment in the vibrant Reston Town Center.

HITT GovernmentSince 2006, HITT Contracting has completed 120+ projects for Loud-oun County under sequential job or-der 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 Com-monwealth.

HITT Law FirmsCurrently under construction, the Ty-sons Corner offi ce of Troutman Sand-ers LLP is a 17,000 square-foot build-out scheduled for completion in Au-gust. The space includes many high-end fi nishes such as stone, millwork and lighting. HITT has also delivered a successful project for Troutman Sand-

ers in Washington, D.C. Similar local projects have led to nationwide work for many of our law fi rm clients.

HITT HealthcareIn the Richmond area, multiple proj-ects 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 Vir-ginia projects have included facilities for Kaiser Permanente, Virginia Hos-pital Center, Sentara Northern Vir-ginia Medical Center, HCA Dominion Hospital, Children’s National Special-ists of Virginia, and Inova Fairfax and Inova Mount Vernon hospitals.

HITT TechnologyThe Digital Realty Trust - Digital Lou- doun 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 infrastruc-ture designed to provide maximum fl exibility, reliability and effi ciency. 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 Opera-tions 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.hitt-gc.com. Follow us @twHITTr.

Page 28: Virginia Business Site Selection (2013)

S28 AUGUST 2013 ADVERTISING

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 find your perfect Harrisonburg location with our new property locator.

S H E N A N D O A H V A L L E Y: C i t y o f H a r r i s o n b u r g

Innovation at work Harrisonburg is an innovative city

that fosters new business. Its planned growth model and strong infrastruc-ture are ideal for building both a com-pany and a career. Harrisonburg’s pro-business government actively seeks and supports technology fi rms and start-up companies, attracting quality businesses to grow and thrive.

The Harrisonburg-Rockingham MSA has received tremendous in-vestments from both new and exist-ing 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 Har-risonburg. Serco operates a classifi ca-tion center within the Harrisonburg Technology Park as a contractor for the U.S. Patent & Trademark Offi ce, employing 138 classifi ers 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 engine for the city and entire Shenandoah Val-ley. Recent capital projects, including the Forbes Center for the Performing Arts, expansion of Bridgeforth Stadium, and the Port Republic Road athletic fi elds, 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 re-sult, James Madison University is one of the top Virginia schools of choice for high school graduates.

Downtown Harrisonburg has ex-perienced dramatic growth over the past several years. Urban Exchange, a fi ve-story, mixed-use develop-ment with underground parking, in-cludes 194 apartments and 20,000

square feet of offi ce/retail space. The Colonnades at Rocktown is a four-story, mixed- use project downtown that includes

66 residential units and 20,000 square feet of fi rst

fl oor retail/offi ce space. Ex-plore More Discovery Museum,

voted best museum in the Shenando-ah Valley, has emerged as a major at-traction for downtown Harrisonburg. This hands-on museum is fi lled with interactive exhibits that entertained nearly 60,000 visitors during the past 12 months.

Employers are quickly discover-ing the tremendous assets available in the Harrisonburg area. Ideally situ-ated 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 ex-plore what Harrisonburg has to offer you and your business.

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20fl oo

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Page 29: Virginia Business Site Selection (2013)

ADVERTISING VIRGINIA BUSINESS S29

Virginia’s Broadband Region: World Class InfrastructureSouthern and Southwest Virginia

are now “Virginia’s Broadband Re-gion” where approximately 100 loca-tions designated as GigaParks offer a wide range of real estate inventory with high capacity broadband connec-tions. Companies looking to locate in the region now enjoy access to the same high capacity bandwidth as any major metropolitan region.

Broadband Makes a GigaParkBusiness leaders from Old Domin-

ion 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 ef-forts and others, broadband now links the parks across the region to the cen-ter 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:

• An advanced 400 gigabit-per-second 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 fi -ber-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 Busi-ness” for seven years.

• Perfect placement near major mark ets such as Washington, D.C.; Richmond; Raleigh/Research Triangle Park, North

Carolina and beyond, with easy access to major inter-states, 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 Vir-ginia’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 profi tably locat-ing in Virginia’s Broadband Region. The most recent success was Micro-soft’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 South-ern and Southwest Virginia.

[email protected] • gigapark-va.com

GIGAPARKV i r g i n i a ’ s B r o a d b a n d R e g i o n

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: 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

Page 30: Virginia Business Site Selection (2013)

S30 AUGUST 2013 ADVERTISING

Minimize risk. Choose an AEP Qualifi ed 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 Qualifi ed Data Center Site Program. Two Virginia sites have passed a rigorous independent qualifi cation process to confi rm they are ready for development. And rest assured, we’ve got the documentation to prove it.

Contact: John J. Smolak, [email protected], (540) 985-2605 Learn more at: aepdatacenters.com

Looking for a site to build your next data center?An AEP Qualifi ed Data Center Site offers:• Competitive electric power rates• Highly reliable and redundant power supply• Strong fi ber networks• Low risk of natural and man-made disasters• Business-friendly climate

Virginia

Site qualifi cation program helps Virginia rise to the top for data centersFinding the perfect site for a data

center just got a whole lot easier in Vir-ginia. This spring Appalachian Power began a site qualifi cation program that identifi es data center ready locations in its service territory.

The pre-certifi cation program tips the scale for Virginia, a location that fea-tures strong infrastructure, communica-tions and a climate conducive to data centers. Two locations, the Roanoke County Center for Research and Tech-nology and Wythe County’s Progress Park, were the fi rst locations certifi ed in an 11-state service area served by American Electric Power, Appalachian’s parent company.

“The company’s confi dence in Vir-ginia illustrates why our highly trained and available workforce, favorable reg-ulatory environment, and pro-business policies are keeping the Common-wealth at the top of national lists as the best state in which to do business,” said Virginia Gov. Bob McDonnell.

The data center qualifi cation was conducted by Biggins Lacy Shapiro & Company (BLS), a nationally recognized

location consulting fi rm, 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 consul-tants visited potential sites and evalu-ated them on criteria including electric

and fi ber optic telecommunications in-frastructure, 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 identi-fi ed 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. The site is free of streams,

ponds or woods, has a strong 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 fi ber providers and strong electric infrastructure with available capacity is available on-site.

Information about AEP’s data cen-ter qualifi cation 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.aep-datacenters.com.

S O U T H W E S T V I R G I N I A : A p p a l a c h i a n P o w e r

fi ed asa

faf

put

Page 31: Virginia Business Site Selection (2013)

ADVERTISING VIRGINIA BUSINESS S31

Roanoke Region: The Perfect Environment The Roanoke Region of Virginia of-

fers 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. popul ation 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 loca-tion.

The region is a budding hot-spot for a variety of businesses, including a bur-geoning outdoor industry that is thriv-ing 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 breathtak-ing 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-re-nowned 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 Univer-sity. 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 down-town 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. Further-more, the region has been featured by ESPN and Garden & Gun.

From business quality to quality of life, the Roanoke Region is a well-round-ed East Coast location.

Roanoke Regional Partnership: S O U T H W E S T V I R G I N I A

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.orgroanokeoutside.com540-343-1550 [email protected]

Page 32: Virginia Business Site Selection (2013)

600 Wo r l d T r ade Cente r . No r fo l k , VA 235 1 0 . 7 5 7.683 .8000 . 800 . 446 .8098 . www.po r to f v i rg i n i a . c om© 2012 Virginia Port Authority

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MAK ING AN IMPACT.

APM Terminals Virginia . Newport News Marine Terminal . Norfolk International Terminals . Portsmouth Marine Terminal . Port of Richmond . Virginia Inland Port