Located at the crossroads of interstate 81 & 77, two major east coast interstates, the region is ripe for opportunity and investment. Equipped with some of the best greenfield sites in Virginia, as well as a low-cost business environment. Lower taxes, lower utility rates, and lower cost of living provide for lower than average wages.
Access to a premier United States engineering institute at Virginia Tech and state of the art workforce development programs. In turn 20% of the region’s labor is employed in manufacturing industries. Due to these assets many international companies operate and thrive in the region.
190,000
500,000
(Within 1 hour drive)
33,500 $
89,000
(20% in Manufacturing)
Automotive, Data / IT, Food / Beverage Processing, Warehousing / Distribution / Logistics
List of European Companies who have already invested
| Name | Industry | No. of Employees |
|---|---|---|
| ABB (Germany) | Power Components | 300+ |
| Quadrant Engineering Plastics (Switzerland) | Plastics | 100+ |
| Hutchinson Sealing Systems (France) | Automotive | 100+ |
| ZF TRW (Germany) | Automotive Components | 100+ |
| Schaffner MTC (Switzerland) | Transformers | 50 |