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Virginia
A Commonwealth of Opportunity


ABB manufactures power transformers in South Boston, Virginia.

Over the past four years, Virginia has been consistently ranked the "Best State for Business" by notable organizations such as Forbes.com, CNBC and Pollina Corporate Real Estate, Inc.

Virginia Receives High Marks for Business Growth


Incentives Reduce Cost of Starting and Expanding a Business

Successes in Virginia Since Governor McDonnell’s Inauguration:
January–August 2010


Northrop Grumman will move its headquarters to Fairfax County in 2011, employing 31,000 people across the state in 22 locations.

Northrop Grumman: A Strategic HQ Move

The headquarters for 30 major corporations are located in Virginia,
and there are 700 international companies from 46 countries around the state.


Virginia manufacturers have the fourth-lowest average workers’ compensation costs in the country at $2.09 per $100 of payroll (2009). That’s 44% lower than the U.S. average.

Altria Group: A Clear-Cut Case for Relocation

“Following the merger of Mead and Westvaco, we had many offices and plants all over the country.
Centralizing in the Commonwealth has allowed us to focus and prioritize our resources and
collaborate more effectively across all businesses. Virginia is remarkably pro-commerce.”

Linda Schreiner, Senior Vice President, MWV


Photo courtesy of Cameron Davidson

Dominion: Powering Virginia



TechAmerica, the high-tech industry’s leading trade association, has ranked Virginia as the national leader for its concentration of high-tech workers for the fourth year in a row.

MWV: Bringing Talent Together

John A. Luke, Jr.
Chairman and CEO
MeadWestvaco Corporation

MWV




Why Virginia?


Easy Access to Major Hubs and The World

Fourteen commercial airports serve Virginia, including two of the nation’s busiest:
Washington Dulles International and Ronald Reagan Washington National.


Wes Bush
President and CEO
Northrop Grumman Corporation

Northrop Grumman Corporation



Washington Dulles International Airport offers nonstop service to 83 U.S. cities and 43 international destinations.

International Business: Virginia Thinks Globally

Virginia Tourism Corporation



Virginia’s ports are strategically located on the U.S. East Coast, within one day’s drive of two-thirds of the U.S. population.

Jerry A. Bridges
Executive Director, VPA

The Port of Virginia



Targeting 21st-Century Industries

The pro-business climate in Virginia remains steady, regardless of who is making the rules in Richmond.

“The technology corridor is rich in intellectual capital and positively charged with
opportunities that draw educated workers from around the world. Innovators
of every kind understand this and know this is the logical place to be.”

Bobbie Kilberg, President and CEO, Northern Virginia Technology Council


Information Technology: Connect Here

Microsoft Expands in Virginia With State-of-the-Art Data Center



Two of the nation’s largest railroads operate on Virginia’s 3,200 miles of railway: CSX Corporation and Norfolk Southern Corporation.

Support and Capital for Innovative Start-Ups

Dominion offers economic development services free of charge
to businesses seeking to operate in the regions it serves.


Throughout the Commonwealth, Dominion operates 29 electric-generating power stations varying in fuel type.


 


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