Virginia Business Site Selection (2013)
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Transcript of 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
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
Bonus event!
The premier conference designed especially for Association Executives, Corporate andGovernment Meeting Planners and ANY business professional who plans offsite events!
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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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ADVERTISING VIRGINIA BUSINESS S5
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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work force: Virginniai hasasdant, skilled wwork force.e.
owowest unionizazatit on rratatee icooununtrtry y (5.55 percentn )00000+ students attend niaia iinstitutes off higgheh r iingng000 dodoctoral scientistts ananeneerers,s among thee highehesenentrtrations in thhe naatit onon0000 people leave the aryy in ViVirgr inia each h yearar,,iddiningg aa skilled supppplyly oof f erersskk-f-fororcece traainingg assistananceceedd tht ror ugu h the Viirggininiaiai
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education: ViV rginia’s educe e itits s ststelellar work force, frf ooaandnd sececonoo dad ry schhooo l lenss ofof hhigigheh r ededucucucatatioion.n.
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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
S6 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
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
ADVERTISING VIRGINIA BUSINESS S7
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
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)
S8 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
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.
ADVERTISING VIRGINIA BUSINESS S9
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
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
S10 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
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
ADVERTISING VIRGINIA BUSINESS S11
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
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
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.
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.
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
ADVERTISING VIRGINIA BUSINESS S15
S AHNANDOAAASHENS NSHEN HHHHENNHENNNHEN AAOAAAAVALLEYVVV YYYVAVAVVVVA
HEREOUTHEHEEEHERNERNERRNERNSOOONVIRGININNNNNIANNNINNNNIVVV
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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
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.
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.
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
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
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
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]
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
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
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
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
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
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.
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.
-
d l-cts,Center
s
20fl oo
plore M
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
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
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]
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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NORFO LK , VA USA
MAK ING AN IMPACT.
APM Terminals Virginia . Newport News Marine Terminal . Norfolk International Terminals . Portsmouth Marine Terminal . Port of Richmond . Virginia Inland Port