Maria Prince Project Manager . Business Development . Security & Services Team804-545-5737MPrince@YesVirginia.org
Virginia's pro-business climate, global access and talented workforce combine to make the ideal location for corporate headquarters. Virginia is home to more than thirty Fortune 1000 corporate headquarters and home to eight of Forbes America’s Largest Private Companies.
| Company |
City |
Revenues
($millions)
|
Fortune
1000 rank
|
| Advance Auto Parts |
Roanoke |
$5,142.3 |
461 |
| AES Corp. |
Arlington |
$16,070.0 |
158 |
| Alpha Natural Resources |
Abingdon |
$2,554.1 |
762 |
| Altria Group |
Richmond |
$19,356.0 |
160 |
| Amerigroup Corp. |
Virginia Beach |
$4,516.0 |
509 |
| Booz Allen Hamilton |
McLean |
$4,100.0 |
n/a |
| CACI International |
Arlington |
$2,730.2 |
798 |
| Capital One |
McLean |
$13,892.7 |
145 |
| CarMax |
Richmond |
$6,974.0 |
311 |
| Carpenter Co. |
Richmond |
$1,650.0 |
n/a |
| Computer Sciences Corp. |
Falls Church |
$16,739.9 |
153 |
| Dollar Tree, Inc. |
Chesapeake |
$4,644.9 |
499 |
| Dominion Resources |
Richmond |
$16,290.0 |
157 |
| DynCorp |
Falls Church |
$3,101.1 |
868 |
| Estes Express Lines |
Richmond |
$1,394.6 |
n/a |
| FHC Health Systems |
Norfolk |
$1,300.0 |
n/a |
| Freddie Mac |
McLean |
$12,302.0 |
220 |
| Gannett Co. |
McLean |
$6,767.7 |
371 |
| General Dynamics |
Falls Church |
$29,300.0 |
83 |
| Genworth Financial |
Richmond |
$9,948.0 |
271 |
| Hilton Worldwide |
McLean |
$8,090.0 |
n/a |
| K-Va-T Food Stores |
Abingdon |
$1,800.0 |
n/a |
| Landmark Communications |
Norfolk |
$1,400.0 |
n/a |
| Mantech International |
Fairfax |
$1,870.9 |
941 |
| Markel Corp. |
Glen Allen |
$1,898.3 |
924 |
| Mars Inc. |
McLean |
$30,000.0 |
n/a |
| Massey Energy |
Richmond |
$2,989.8 |
689 |
| MeadWestvaco |
Glen Allen |
$6,637.0 |
365 |
| NewMarket Corp. |
Richmond |
$1,617.4 |
n/a |
| NII Holdings |
Reston |
$4,269.4 |
530 |
| Norfolk Southern |
Norfolk |
$10,661.0 |
256 |
| NVR Inc. |
Reston |
$3,714.2 |
584 |
| Orbital Sciences Corp. |
Dulles |
$1,168.6 |
n/a |
| Owens & Minor |
Mechanicsville |
$7,243.2 |
339 |
| Performance Food Group |
Richmond |
$10,000.0 |
n/a |
| SAIC, Inc. |
McLean |
$10,070.0 |
266 |
| Sallie Mae |
Reston |
$7,689.4 |
331 |
| Smithfield Foods |
Smithfield |
$12,487.7 |
183 |
| Southern States Cooperative |
Richmond |
$2,103.6 |
n/a |
| SRA International |
Fairfax |
$1,540.6 |
n/a |
| Sunrise Senior Living |
McLean |
$1,701.6 |
990 |
| The Brink’s Co. |
Richmond |
$3,163.5 |
600 |
| Universal Corp. |
Richmond |
$2,554.7 |
850 |
| VSE Corp. |
Alexandria |
$1,043.7 |
n/a |
| Watson Wyatt Worldwide |
Arlington |
$1,676.0 |
980 |
| XO Holdings |
Herndon |
$1,477.6 |
n/a |
Revenue data from fiscal year 2008 or the most recent fiscal year available.
Sources: SEC Filings, Hoovers, company websites, 2009 Fortune 1000 |
Virginia's Commercial Airports provide non-stop service to more than 140 destinations world-wide.
Daily
Nonstop Flights, Average Travel Times |
| From |
To
New
York City
|
To
Boston |
To
Chicago |
Washington Dulles Int'l Airport
|
1 HR, 15 MIN
|
1 HR, 30 MIN
|
2 HR |
Ronald Reagan Washington
National Airport |
1 HR, 15 MIN |
1 HR, 30 MIN |
2 HR |
| Richmond International Airport |
1 HR, 30 MIN |
1 HR, 40 MIN |
2 HR, 12 MIN |
| Norfolk International Airport |
1 HR, 30 MIN |
1 HR, 40 MIN |
2 HR, 25 MIN |
From an affordable lifestyle and competitive business environment to a skilled and ready labor force, Virginia is one of the most desirable places for business in America. Corporate headquarters in Virginia enjoy a business-friendly climate characterized by stable and competitive taxes, payroll costs, and lease rates, as well as legislation that protects “at will” employment practices.
| Selected
Occupations |
Virginia
Employment |
Virginia
Average Wage |
| Bookkeeping, accounting, and auditing clerks | 48,760 | $36,206 |
| Accountants and auditors | 34,410 | $69,763 |
| Customer service representatives | 57,980 | $31,637 |
| Executive secretaries and administrative assistants | 25,530 | $47,234 |
| Office clerks, general | 124,330 | $29,006 |
| Business operations specialists, all other | 34,460 | $74,887 |
| Computer systems analysts | 33,590 | $91,151 |
| Management analysts | 39,140 | $91,463 |
| Secretaries, except legal, medical, and executive | 16,840 | $34,960 |
| Computer support specialists | 18,750 | $48,920 |
| Financial analysts | 6,800 | $78,288 |
| Computer software engineers, applications | 31,830 | $94,340 |
| Billing and posting clerks and machine operators | 13,390 | $33,907 |
| Market research analysts | 8,870 | $70,488 |
| Computer programmers | 12,650 | $81,565 |
| Network systems and data communications analysts | 14,160 | $82,943 |
| Payroll and timekeeping clerks | 4,360 | $36,648 |
| Receptionists and information clerks | 29,570 | $25,993 |
| Compensation, benefits, and job analysis specialists | 3,170 | $60,567 |
| Human resources assistants, except payroll and timekeeping | 5,110 | $40,810 |
| Employment, recruitment, and placement specialists | 5,670 | $55,853 |
Since 2000, over 430 companies have announced more than 590 corporate, regional, or division headquarters relocations or expansions in Virginia to create over 64,000 jobs and $5.2 billion in capital investment. Listed below are a few of the top headquarters announcements made recently.
| Company
Name |
Location |
| Admiral America |
Henrico Co. |
| AREVA NP Inc. |
Lynchburg |
| Bostwick Laboratories |
Henrico Co. |
| Canon Virginia, Inc. |
Newport News |
| GridPoint, Inc. |
Arlington Co. |
| Hilton Worldwide |
Fairfax Co. |
| MeadWestvaco Corp. |
Richmond |
| Orbital Sciences Corporation |
Loudoun Co. |
| Rolls-Royce |
Fairfax Co. |
| SAIC, Inc. |
Fairfax Co. |
| Volkswagen of America, Inc. |
Fairfax Co. |
Virginians themselves play a vital role in the Commonwealth’s success as a top business location. With one in three Virginians holding a bachelor’s or advanced degree, the state’s workforce is one of the nations’ most educated. Some of the nation’s best colleges and universities are located in Virginia – many offering undergraduate and graduate programs in all areas of business. Corporations also benefit from Virginia’s community college system, which works with companies to develop customized workforce training programs for employees.
| 2007-2008
Select Degrees Conferred in Business and Related Programs at Virginia
Universities and Colleges* |
| Program
Name |
Total
|
Accounting
|
1,523 |
| Business Administration and Management |
7,548 |
| Finance |
781 |
| Management and Related |
793 |
| Management Information Systems |
214 |
| Managerial Economics/Operations |
1,671 |
| Marketing |
868 |
| Other Business Related |
892 |
| Other Related Degrees: |
| Law |
311 |
| Communications |
1958 |
| Math/Statistics |
572 |
| Computer and Information Sciences |
1,216 |
| Electrical/Electronical Engineering |
551 |
| Information Science/Studies |
465 |
| Systems Engineering |
307 |
| Computer/Software Engineering |
269 |
| Computer Science |
198 |
| Information Technology |
95 |
| Total Business and Related Degrees Conferred |
20,232 |
| Source: State Council of Higher Education for Virginia, www.schev.edu
*Data available only for universities reporting to SCHEV |
U.S.
News & World Report 2009 Rankings |
Top Public National
Universities
|
Rank |
| University of Virginia |
2 |
| College of William and Mary |
6 |
| Virginia Tech |
29 |
| Best Undergraduate Business Programs |
Rank |
| University of Virginia (McIntire) |
6 |
| Virginia Tech (Pamplin) |
42 |
| College of William and Mary (Mason) |
48 |
| Best Graduate Business Schools |
Rank |
| University of Virginia (Darden) |
15 |
| College of William and Mary (Mason) |
55 |
| Best Law Schools |
Rank |
| University of Virginia |
10 |
| College of William and Mary (Marshall-Wythe) |
28 |
| Washington and Lee University |
30 |
| George Mason University |
41 |
| University of Richmond (Williams) |
77 |
|
