Endeavor Gateway. A Business Cost Comparison for Virginia s Gateway Region
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- Joseph Bryan
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1 Endeavor Gateway A Business Cost Comparison for Virginia s Gateway Region This publica on is a comprehensive comparison on of the costs associated with loca ng or expanding and subsequently doing business in Virginia s Gateway Region. Virginia s Gateway Region Economic Development Organiza on provides this compara ve data on topics ranging from labor rates and availability, taxes, u lity costs and real estate in a clear and concise format to assist you when deciding where your next business venture will be. Contact us today for addi onal assistance.
2 Access is Everything...access to the data you need to make an informed decision about where to expand or relocate your business. With so many choices and so many factors to consider, Virginia s Gateway Region has done the research for you. This document provides informa on on labor, real estate and quality of place drivers along with a wealth of compara ve salary data on six industry segments that are currently most prevalent in the region. Business Climate Drivers: Labor Force (popula on 16 years and over) 643, ,878 Armed Forces Labor Force 5,924 1,026 Percentage of Workforce in Crea ve Class 32.3% 31.8% Employment Growth 0.50% 2.30% State and Local Sales Tax 5.00% 6.00% State Corporate Income Tax 6.00% 8.25% Percent of Workers Covered by Unions 5.70% 4.90% Right to Work? YES YES Unemployment Insurance Tax Rates 0.31% 0.64% Unemployment Insurance Tax/Employee $125 $297 Workers' Compensa on Insurance for Clerical $0.23 $0.50 Workers' Compensa on Insurance for Mfg. $2.09 $3.37 Average Annual Cost Paid by Employers For Health Premiums for Family Coverage, 2009 $8,830 $10,162 General Obliga on Bond Ra ngs AAA/Aaa/AAA AAA/Aaa/AAA Total State Debt Per Capita $3,128 $2,159 Average Hourly Earnings of Produc on Workers in Manufacturing $18.69 $15.88 Average Industrial Electric Rate $6.30 $5.96 Average Price for Natural Gas Delivered to Industrial Consumers $7.14 $8.66 *The Commercial Ac vi es Tax (CAT) is an annual tax imposed on the priviledge of doing business in Ohio, measured by gross receipts from business ac vi es in Ohio. Businesses with taxable gross receipts of $150,000 or more in a calendar year are subject to a minimum tax of $150 or a tax rate of 0.26%.
3 Compara ve cost informa on for the mid-atlan c region is represented by the Petersburg and the. The Southeast region of the United States is represented by the. The Northeast region is represented by both the Buffalo, NY and the Har ord CT,, while the Midwest is represented by the Columbus, OH. 577,733 1,386, , ,040 1,014 12, , % 30.4% 32.4% 24.7% -0.10% 0.80% 0.40% 1.90% 8.00% 7.75% 6.00% 7.00% 7.10% 6.90% 7.50% 0.00%* 26.00% 12.90% 17.40% 14.70% NO NO NO NO 0.74% 0.86% 0.96% 0.64% $389 $407 $564 $263 $0.33 $0.26 $0.42 not available $4.35 $3.12 $4.99 not available $10,723 $9,151 $10,553 $8,203 AA/Aa2/AA AAA/Aaa/AAA AA/Aa2/AA AA+/Aa1/AA+ $6,293 $4,166 $8,110 $2,433 $18.54 $18.77 $23.03 $18.63 $12.27 $5.19 $16.65 $6.02 $9.52 $10.70 $8.44 $8.93 Sources: Research Ins tute of America, May/June, 2010 U.S. Department of Labor, Bureau of Labor Sta s cs, January, 2010 Average Employer Contribu on Rates, By State, CY 2009, Employment and Training Administra on, United States Department of Labor Workers Compensa on State Rankings Manufacturing Industry Rates and Statutory Benefit Provisions, 2009 Edi on, Actuarial & Technical Solu ons, Inc. Kaiser Family Founda on, July, 2010 Bond Ra ngs: S & P, Moody s, and Fitch, January 2011 U.S. Census Bureau, Annual Survey of State Government Finances, Annual Es mates of the Popula on, July, 2010 U.S. Department of Commerce
4 Real Estate Drivers: Rent Annual Gross Rate ($/SF CBD/surburban) $18.11 $20.16 Vacancy Rate 17.60% 19.10% Annual Cost - 20,000 SF Class A Office $362,200 $403,200 Commercial Electrical Rates (cents/kwh) $ $ Rent, Annual Triple Net Rate ($/SF) $4.12 $4.37 Vacancy Rate 9.5% 20.3% Annual Cost - 80,000 SF Distribu on Facility $329,600 $349,600 Annual Cost - 35,000 SF Manufacturing Facility $144,200 $152,950 Industrial Electrical Rates (cents/kwh) $ $ Sources: CB Richard Ellis Local MarketView Reports, 3Q 2010 US Energy Informa on Administra on: Average Retail Price of Electricity to Ul mate Customers by End-Use Sector, by State - July, 2010 (Adjusted) Virginia s Gateway Region offers unparalleled access to culture, recreation, arts and travel. Quality of Place Drivers: Cost of Living (Comp Index) Economic Strength Ranking Mean Commute Time (minutes) Median household income $57,382 $60,110 Median House Value (of owner-occupied units) $215,600 $190,200 Educa onal A ainment: High School Graduate or 85.2% 88.8% Higher Educa onal A ainment: Bachelor's Degree or 30.7% 41.3% Higher Educa onal A ainment: Graduate or Professional Degree 10.8% 13.6% Sources: ACCRA Cost of Living Index, Q Policom Economic Strength Ra ng, 2010 Kiplinger Best Ci es, 2010 U.S. Census Bureau, 2000 figures and onwards Bureau of Labor Sta s cs, December 2010
5 $20.10 $22.33 $18.97 $ % 17.50% 21.17% 21.00% $402,000 $446,600 $379,400 $336,800 $ $ $ $ not provided $4.40 $4.94 $ % 12.7% 17.4% 13.0% not provided $352,000 $395,200 $303,200 not provided $154,000 $172,900 $132,650 $ $ $ $ Virginia State University - With programs in logistics manufacturing, engineering & industrial technology, agricultural research, biology and food safety, hi-speed packaging and processing research and lean six sigma, the region s university and community colleges are a valuable resource for a skilled workforce $46,427 $65,266 $66,367 $52,766 $109,100 $296,300 $250,600 $161, % 86.8% 88.0% 89.0% 26.7% 33.9% 33.7% 32.2% 11.6% 14.5% 14.4% 10.9%
6 NAICS Aerospace Product & Parts Manufacturing Occupa on: Gateway Region: A SOC Code Title Current Employment *Current Unemployment Aerospace Engineers Machinists Industrial Engineers Mechanical Engineers Logis cians Electronics Engineers, Except Computer Aircra Structure, Surfaces, Rigging, and Systems Assemblers Aircra Mechanics and Service Technicians Inspectors, Testers, Sorters, Samplers, and Weighers Computer So ware Engineers, Systems So ware Purchasing Agents, Except Wholesale, Retail, and Farm Products Business Opera ons Specialists, All Other 1, Team Assemblers First-Line Supervisors/Managers of Produc on and Opera ng Workers Management Analysts Computer So ware Engineers, Applica ons Produc on, Planning, and Expedi ng Clerks Engineering Managers Computer-Controlled Machine Tool Operators, Metal and Plas c Shipping, Receiving, and Traffic Clerks 1, Avionics Technicians Execu ve Secretaries and Administra ve Assistants 1, Budget Analysts Sources: JobsEQ(R)., Data as of 2010Q4 Bureau of Labor Sta s cs, May 2009 Metropolitan and Nonmetropolitan Area Occupa onal Employment and Wage Es mates Dinwiddie Commerce Park acre multi-use development zoned to support a variety of uses including but not limited to light industrial, retail, commercial and office.
7 g - Firm Size of 50 Annual Average Salary: Na onal Average $100,300 $93,200 $95,000 $118,200 $90,100 $81,800 $94,000 $39,400 $33,700 $40,100 $44,000 $41,100 $35,200 $37,500 $81,900 $72,800 $73,600 $86,200 $77,200 $71,800 $75,700 $77,100 $69,400 $66,200 $86,800 $80,100 $66,700 $78,200 $70,000 $66,800 $59,800 $74,600 $66,900 $67,000 $68,600 $71,300 $81,600 $66,800 $87,900 $88,100 $72,000 $88,700 $43,600 $42,900 $47,500 $49,600 $44,500 $44,700 $43,600 $54,400 $51,800 $57,200 $53,200 $51,400 $48,100 $51,700 $35,100 $32,500 $38,100 $40,000 $39,100 $33,200 $33,900 $91,500 $85,500 $80,700 $100,100 $95,500 $81,500 $94,500 $60,800 $53,700 $51,900 $63,500 $60,600 $59,800 $57,600 $63,000 $62,000 $64,100 $70,600 $66,800 $57,700 $65,000 $24,100 $26,200 $27,300 $29,400 $30,000 $30,500 $27,600 $55,700 $52,700 $55,700 $56,300 $57,800 $51,800 $53,500 $74,500 $71,200 $70,000 $80,800 $81,400 $68,300 $82,900 $88,500 $85,800 $72,100 $94,900 $88,800 $81,300 $87,900 $42,300 $39,300 $44,000 $47,500 $44,200 $40,100 $42,200 $103,400 $108,000 $103,300 $117,800 $120,600 $103,000 $120,600 $29,700 $29,300 $33,100 $36,000 $38,900 $33,200 $34,500 $31,600 $28,400 $26,700 $31,200 $30,500 $30,200 $29,200 $54,600 $52,300 $51,500 $50,300 $50,700 $58,000 $49,400 $42,000 $38,400 $41,300 $46,800 $43,500 $43,100 $42,300 $66,800 $63,900 $61,800 $64,600 $67,100 $66,400 $68,100 * Unemployment includes unemployment in related occupa ons. Es mates calculated by Chmura Analy cs. + Symbol indicates unknown amount of addi onal unemployment in related occupa ons Rolls-Royce North America s decision to locate in the region brought with it the creation of 500 direct jobs and $500 million in capital investment.
8 NAICS Warehousing and Storage - Firm Size of 25 Occupa on: Gateway Region: A SOC Code Title Current Employment *Current Unemployment Laborers and Freight, Stock, and Material Movers, Hand 3, Industrial Truck and Tractor Operators Stock Clerks and Order Fillers 2, Packers and Packagers, Hand Shipping, Receiving, and Traffic Clerks 1, Truck Drivers, Heavy and Tractor-Trailer 2, First-Line Supervisors/Managers of Helpers, Laborers, and Material Movers, Hand Excava ng and Loading Machine and Dragline Operators Sources: JobsEQ(R)., Data as of 2010Q4 Bureau of Labor Sta s cs, May 2009 Metropolitan and Nonmetropolitan Area Occupa onal Employment and Wage Es mates NAICS Business Support Services - Firm Size of 50 Occupa on: Gateway Region: SOC Code Title Current Employment *Current Unemployment Telemarketers Customer Service Representa ves 2, Bill and Account Collectors First-Line Supervisors/Managers of Office and Administra ve Support 1, Workers Sales Representa ves, Services, All Other Office Clerks, General 3, Switchboard Operators, Including Answering Service Office Machine Operators, Except Computer Mail Clerks and Mail Machine Operators, Except Postal Service General and Opera ons Managers 2, Computer Support Specialists Secretaries, Except Legal, Medical, and Execu ve 2, Bookkeeping, Accoun ng, and Audi ng Clerks 2, Counter and Rental Clerks Data Entry Keyers Execu ve Secretaries and Administra ve Assistants 1, Sources: JobsEQ(R)., Data as of 2010Q4 Bureau of Labor Sta s cs, May 2009 Metropolitan and Nonmetropolitan Area Occupa onal Employment and Wage Es mates
9 5 Annual Average Salary: Na onal Average $25,900 $22,400 $25,500 $26,800 $26,200 $28,600 $24,700 $30,500 $27,200 $36,300 $33,400 $31,700 $28,200 $30,800 $23,400 $22,900 $22,000 $24,200 $25,700 $23,500 $23,100 $17,500 $20,900 $20,600 $25,700 $21,800 $21,800 $21,100 $31,600 $28,400 $26,700 $31,200 $30,500 $30,200 $29,200 $39,500 $37,900 $39,300 $40,000 $40,300 $38,600 $38,700 $44,000 $39,400 $45,100 $46,800 $46,700 $45,600 $44,400 $31,500 $30,900 $46,600 $42,800 $38,300 $31,200 $38,200 * Unemployment includes unemployment in related occupa ons. Es mates calculated by Chmura Analy cs. + Symbol indicates unknown amount of addi onal unemployment in related occupa ons Annual Average Salary: Na onal Average $32,000 $27,200 $24,600 $30,300 $28,300 $22,600 $24,800 $32,600 $31,100 $29,800 $33,500 $34,900 $31,700 $31,800 $34,500 $35,000 $31,400 $35,100 $34,400 $30,900 $32,200 $52,100 $44,500 $48,200 $50,600 $52,700 $49,300 $48,700 $62,900 $65,400 $51,200 $64,900 $57,000 $54,300 $59,000 $28,800 $26,000 $24,800 $29,300 $28,100 $31,100 $26,800 $25,200 $25,400 $22,700 $26,500 $26,500 $24,600 $25,300 $25,300 $31,800 $23,400 $28,000 $28,500 $25,300 $27,300 $25,000 $24,900 $30,800 $27,800 $27,300 $26,700 $26,400 $109,300 $119,500 $101,900 $114,400 $109,900 $109,600 $108,000 $46,300 $49,700 $42,900 $50,500 $52,300 $40,000 $46,400 $32,800 $31,000 $28,600 $34,500 $31,500 $32,800 $30,000 $36,700 $33,900 $32,500 $37,200 $34,900 $33,900 $33,800 $27,500 $23,400 $28,000 $28,200 $26,000 $25,000 $24,400 $25,200 $27,000 $26,800 $28,700 $28,600 $26,500 $27,100 $42,000 $38,400 $41,300 $46,800 $43,500 $43,100 $42,300 * Unemployment includes unemployment in related occupa ons. Es mates calculated by Chmura Analy cs. + Symbol indicates unknown amount of addi onal unemployment in related occupa ons
10 NAICS 31 - General Manufacturing - Firm Size of 50 Occupa on: Gateway Region: SOC Code Title Current Employment *Current Unemployment Team Assemblers First-Line Supervisors/Managers of Produc on and Opera ng Workers Machinists Inspectors, Testers, Sorters, Samplers, and Weighers Helpers--Produc on Workers Laborers and Freight, Stock, and Material Movers, Hand 3, Maintenance and Repair Workers, General 1, Packaging and Filling Machine Operators and Tenders Welders, Cu ers, Solderers, and Brazers Sales Representa ves, Wholesale and Manufacturing, Except Technical and 1, Scien fic Products Industrial Truck and Tractor Operators Packers and Packagers, Hand Shipping, Receiving, and Traffic Clerks 1, General and Opera ons Managers 2, Cu ng, Punching, and Press Machine Se ers, Operators, and Tenders, Metal and Plas c Electrical and Electronic Equipment Assemblers Assemblers and Fabricators, All Other Industrial Machinery Mechanics Industrial Engineers Customer Service Representa ves 2, Produc on Workers, All Other Office Clerks, General 3, Sewing Machine Operators Truck Drivers, Heavy and Tractor-Trailer 2, Bookkeeping, Accoun ng, and Audi ng Clerks 2, Sources: JobsEQ(R)., Data as of 2010Q4 Bureau of Labor Sta s cs, May 2009 Metropolitan and Nonmetropolitan Area Occupa onal Employment and Wage Es mates Interchange Property at Walthall in Chesterfield County acres, zoned C-5.
11 Annual Average Salary: Na onal Average $24,100 $26,200 $27,300 $29,400 $30,000 $30,500 $27,600 $55,700 $52,700 $55,700 $56,300 $57,800 $51,800 $53,500 $39,400 $33,700 $40,100 $44,000 $41,100 $35,200 $37,500 $35,100 $32,500 $38,100 $40,000 $39,100 $33,200 $33,900 $22,500 $25,400 $23,900 $25,000 $25,300 $24,500 $23,300 $25,900 $22,400 $25,500 $26,800 $26,200 $28,600 $24,700 $38,000 $36,400 $36,200 $37,400 $37,000 $35,300 $35,600 $21,400 $32,700 $28,500 $31,800 $27,800 $32,800 $26,600 $36,800 $33,400 $40,000 $37,900 $37,200 $32,500 $35,400 $66,700 $56,900 $61,300 $64,500 $62,200 $63,300 $61,500 $30,500 $27,200 $36,300 $33,400 $31,700 $28,200 $30,800 $17,500 $20,900 $20,600 $25,700 $21,800 $21,800 $21,100 $31,600 $28,400 $26,700 $31,200 $30,500 $30,200 $29,200 $109,300 $119,500 $101,900 $114,400 $109,900 $109,600 $108,000 $31,900 $26,900 $38,700 $36,900 $32,000 $28,200 $29,400 $26,000 $29,500 $28,700 $35,200 $31,500 $30,000 $29,400 $24,000 $24,600 $47,200 $28,300 $31,300 $29,300 $32,800 $48,600 $45,300 $50,300 $46,900 $45,600 $51,200 $45,300 $81,900 $72,800 $73,600 $86,200 $77,200 $71,800 $75,700 $32,600 $31,100 $29,800 $33,500 $34,900 $31,700 $31,800 $21,600 $43,300 $42,100 $37,700 $33,000 $31,600 $30,300 $28,800 $26,000 $24,800 $29,300 $28,100 $31,100 $26,800 $24,500 $19,300 $20,600 $23,200 $24,000 $23,100 $21,700 $39,500 $37,900 $39,300 $40,000 $40,300 $38,600 $38,700 $36,700 $33,900 $32,500 $37,200 $34,900 $33,900 $33,800 * Unemployment includes unemployment in related occupa ons. Es mates calculated by Chmura Analy cs. + Symbol indicates unknown amount of addi onal unemployment in related occupa ons Southpoint Business Park within the Enterprise Zone in Prince George County acres, largest contiguous acreage -70, zoned I-1.
12 NAICS Other Food Manufacturing - Firm Size of 50 Occupa on: Gateway Region: A SOC Code Title Current Employment *Current Unemployment Packaging and Filling Machine Operators and Tenders Food Batchmakers Packers and Packagers, Hand Industrial Truck and Tractor Operators Laborers and Freight, Stock, and Material Movers, Hand 3, First-Line Supervisors/Managers of Produc on and Opera ng Workers Maintenance and Repair Workers, General 1, Food Cooking Machine Operators and Tenders Sales Representa ves, Wholesale and Manufacturing, Except Technical and 1, Scien fic Products Helpers--Produc on Workers Team Assemblers Mixing and Blending Machine Se ers, Operators, and Tenders Food Prepara on Workers 1, Produc on Workers, All Other Inspectors, Testers, Sorters, Samplers, and Weighers Food and Tobacco Roas ng, Baking, and Drying Machine Operators and Tenders Driver/Sales Workers Truck Drivers, Heavy and Tractor-Trailer 2, Industrial Machinery Mechanics Shipping, Receiving, and Traffic Clerks 1, Janitors and Cleaners, Except Maids and Housekeeping Cleaners 2, Cleaners of Vehicles and Equipment General and Opera ons Managers 2, Customer Service Representa ves 2, Truck Drivers, Light or Delivery Services 1, Bookkeeping, Accoun ng, and Audi ng Clerks 2, Stock Clerks and Order Fillers 2, Meat, Poultry, and Fish Cu ers and Trimmers Sources: JobsEQ(R)., Data as of 2010Q4 Bureau of Labor Sta s cs, May 2009 Metropolitan and Nonmetropolitan Area Occupa onal Employment and Wage Es mates
13 Annual Average Salary: Na onal Average $21,400 $32,700 $28,500 $31,800 $27,800 $32,800 $26,600 $23,400 $24,300 $27,200 $27,700 $26,800 $33,400 $26,300 $17,500 $20,900 $20,600 $25,700 $21,800 $21,800 $21,100 $30,500 $27,200 $36,300 $33,400 $31,700 $28,200 $30,800 $25,900 $22,400 $25,500 $26,800 $26,200 $28,600 $24,700 $55,700 $52,700 $55,700 $56,300 $57,800 $51,800 $53,500 $38,000 $36,400 $36,200 $37,400 $37,000 $35,300 $35,600 $24,100 $19,700 $23,200 $22,600 $25,300 $20,200 $24,100 $66,700 $56,900 $61,300 $64,500 $62,200 $63,300 $61,500 $22,500 $25,400 $23,900 $25,000 $25,300 $24,500 $23,300 $24,100 $26,200 $27,300 $29,400 $30,000 $30,500 $27,600 $32,000 $27,300 $38,300 $39,300 $34,300 $32,800 $32,700 $19,200 $18,600 $19,000 $20,400 $20,400 $20,300 $19,900 $21,600 $43,300 $42,100 $37,700 $33,000 $31,600 $30,300 $35,100 $32,500 $38,100 $40,000 $39,100 $33,200 $33,900 $28,600 $28,100 $30,400 $31,000 $28,300 $23,500 $28,600 $27,600 $20,900 $26,900 $31,800 $28,200 $24,100 $26,100 $39,500 $37,900 $39,300 $40,000 $40,300 $38,600 $38,700 $48,600 $45,300 $50,300 $46,900 $45,600 $51,200 $45,300 $31,600 $28,400 $26,700 $31,200 $30,500 $30,200 $29,200 $21,800 $20,900 $23,600 $23,200 $22,800 $23,900 $23,500 $21,700 $21,100 $21,200 $21,500 $24,500 $21,400 $21,700 $109,300 $119,500 $101,900 $114,400 $109,900 $109,600 $108,000 $32,600 $31,100 $29,800 $33,500 $34,900 $31,700 $31,800 $30,200 $30,300 $28,400 $32,100 $31,900 $31,500 $30,300 $36,700 $33,900 $32,500 $37,200 $34,900 $33,900 $33,800 $23,400 $22,900 $22,000 $24,200 $25,700 $23,500 $23,100 $26,800 $19,100 $21,000 $28,100 $25,600 $24,300 $22,400 * Unemployment includes unemployment in related occupa ons. Es mates calculated by Chmura Analy cs. + Symbol indicates unknown amount of addi onal unemployment in related occupa ons
14 NAICS 11 - Agriculture, Forestry, Fishing and Hun ng - Occupa on: Gateway Region: SOC Code Title Current Employment *Current Unemployment Sales Representa ves, Wholesale and Manufacturing, Except Technical and 1, Scien fic Products Fallers Industrial Truck and Tractor Operators First-Line Supervisors/Managers of Farming, Fishing, and Forestry Workers Laborers and Freight, Stock, and Material Movers, Hand 3, Landscaping and Groundskeeping Workers 1, Graders and Sorters, Agricultural Products Logging Equipment Operators Packers and Packagers, Hand Farmworkers, Farm and Ranch Animals Agricultural Equipment Operators Farm, Ranch, and Other Agricultural Managers Farmworkers and Laborers, Crop, Nursery, and Greenhouse Sources: JobsEQ(R)., Data as of 2010Q4 Bureau of Labor Sta s cs, May 2009 Metropolitan and Nonmetropolitan Area Occupa onal Employment and Wage Es mates Average Salaries per Major Occupa onal Group $120,000 $100,000 $80,000 $60,000 $40,000 $20,000 $0 Richmond/
15 General Occupa ons t Annual Average Salary: Na onal Average $66,700 $56,900 $61,300 $64,500 $62,200 $63,300 $61,500 $43,800 $28,300 $23,600 $31,900 $29,300 $32,500 $34,200 $30,500 $27,200 $36,300 $33,400 $31,700 $28,200 $30,800 $56,500 $47,700 $23,600 $45,200 $42,200 $43,500 $42,700 $25,900 $22,400 $25,500 $26,800 $26,200 $28,600 $24,700 $22,800 $21,500 $25,000 $26,900 $25,000 $23,900 $24,900 $26,200 $18,600 $23,600 $19,100 $21,200 $19,500 $20,500 $29,900 $26,400 $23,600 $30,600 $29,400 $31,100 $32,800 $17,500 $20,900 $20,600 $25,700 $21,800 $21,800 $21,100 $21,500 $22,100 $23,600 $23,900 $23,000 $24,300 $22,900 $31,400 $22,300 $23,600 $32,900 $21,700 $23,300 $24,500 $80,500 $78,900 $78,900 $82,200 $65,100 $81,400 $62,400 $22,500 $20,000 $21,900 $23,000 $21,200 $21,000 $19,300 * Unemployment includes unemployment in related occupa ons. Es mates calculated by Chmura Analy cs. + Symbol indicates unknown amount of addi onal unemployment in related occupa ons Management Occupa ons Business & Financial Opera ons Occupa ons Office & Administra ve Support Occupa ons Transporta on & Material Moving Occupa ons Farming, Fishing & Forestry Occupa ons Produc on Occupa ons All Other Occupa ons Na onal Average
16 U li es: The Gateway Region has three electric u lity providers: Prince George Electric Coopera ve, Southside Electric Coopera ve and Dominion Virginia Power. Fed by the James and Appoma ox Rivers, Virginia s Gateway Region has an abundant supply of water and surplus wastewater treatment capacity for increased industrial demand - including the industrial capacity municipal system in Hopewell. Natural gas is available in Virginia s Gateway Region through Columbia Gas of Virginia. Verizon & Cavalier Telephone service Virginia s Gateway Region. Fiber op cs are available through the region. ISDN plans are provided by Verizon and wireless / paging services are also readily available. Virginia s Gateway Region is served by two major, regional public wastewater treatment systems. Ten years is the minimum capacity on any landfill in the area. No hazardous waste landfills are located in Virginia. Virginia s Gateway Region Economic Development Organiza on is a nonprofit, public/private partnership created to facilitate economic development efforts in the ci es of Colonial Heights, Hopewell and Petersburg, and the coun es of Chesterfield, Dinwiddie, Prince George, Surry and Sussex. The mission of the organiza on is to provide site loca on services to companies from across the globe looking for a strategic business loca on. VGR markets the physical and human assets available within its eight member communi es in order to s mulate economic growth, resul ng in the crea on of sustainable jobs, the expansion of the tax base and the enhancement of the quality of life throughout the en re southern Petersburg metropolitan area. 256 East Ellerslie Ave., Suite D Colonial Heights, VA toll-free office fax Copyright, Virginia s Gateway Region, 2011
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