NRV No. 11 Best Place to Work in Manufacturing
- Manufacturing as a percent of workforce
- Job growth from 2012 to 2015
- Job growth from 2014 to 2015
- Income growth from 2010 to 2015
- Income growth from 2014 to 2015
- Income after housing
RICHMOND, VA – Governor Terry McAuliffe today announced that Virginia was named No.5 in the Forbes.com 2017 Best States for Business ranking. This position represents a jump from No.6 in the 2016 survey and No.7 in 2015. Virginia has placed in the top 10 since the ranking’s inception in 2006, and ranked among the top two states every year from 2006 through 2013.
“The Commonwealth’s advancement in major national rankings like Forbes.com is strong evidence of our success in building the new Virginia economy,” said Governor McAuliffe. “We are working tirelessly with our economic development partners across the Commonwealth to put Virginia on top, and today’s announcement demonstrates that our efforts are working. We are committed to building on this upward trajectory by offering the infrastructure, regulatory environment, and robust workforce to ensure Virginia is the premier business destination in the United States.”
Forbes uses six factors to determine state rankings, which include: business costs, economic climate, growth prospects, labor supply, quality of life, and regulatory environment. The Commonwealth finished in the top 10 in three of the six categories examined in the review published today, including #2 for Regulatory Environment, #3 for Labor Supply, and #8 for Quality of Life. According to Forbes.com, Virginia ranks second for its regulatory climate because of its strong incentive offerings and business-friendly government policies.
“Virginia’s improved standing in Forbes.com’s Best States for Business rankings is a testament to the commitment of Governor McAuliffe’s administration and all of our allies at the state, regional, and local levels to make the Commonwealth the premier destination for business,” said Secretary of Commerce and Trade Todd Haymore. “There is still work to be done to return Virginia to its top standing, and we will continue to build on this positive momentum working with members of the General Assembly and our public and private sector partners.”
For the entire Best States for Business ranking report, please visit here.
Virginia’s New River Valley: For those searching for an inspiring place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s A NATURAL FIT.
Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.
Columbus, IN | Bismarck, ND |
Midland, MI | Morgantown, WV |
Bloomington, IL | Cedar Rapids, IA |
Idaho Falls, ID | New River Valley, VA |
Sioux Falls, ND | Rochester, MN |
The data comes from the American Community Survey and was analyzed by Stateline. |
The NRV was also ranked a top destination for college graduates based on eight economic and quality-of-life factors that AIER found to influence migration patterns of college grads ages 22-35 among 260 metro areas, large and small. A few of the factors contributing to the New River Valley’s high ranking included its favorable labor market conditions, affordable housing rents, ability to get around without a car, and density of people with a college degree.YPs can find plenty of support in the NRV with clubs and networking opportunities such as Up on the Roof, Blacksburg YPs, The Newcomers Club, and more. Plus, the NRV is home to a myriad of festivals and burgeoning local music scenes that keep up with the times while remembering the roots of SWVA throughout history. For more activities and insight on what it’s like to live in the NRV, check out the Live Here tab!
NEW RIVER VALLEY, VA– Virginia’s New River Valley is mentioned as some of the best spots in Virginia by Southern Business & Development magazine’s Best of the Southern Auto Corridor list.
In four out of the ten categories, the NRV was mentioned 7 times. Businesses and assets mentioned include: Volvo, Federal Mogul, Corning, VTTI, and NRCC.
The Volvo Trucks assembly plant is located in Dublin, VA in Pulaski County. The plant is Volvo’s largest hub for manufacturing and employs approx. 2,000 people.
The Virginia Tech Transportation Institute has a 2.2 mile Smart Road that can simulate weather like rain, snow, or fog, and is used to advance transportation and autonomous technology.
New River Community College has one of the best programs for automotive worker training. There is even a dedicated staff member at NRCC that works to support Volvo’s training needs.
In general, Virginia is an excellent place to locate a business in the automotive or advanced manufacturing industry. The law structure and central location to South, Northeast, and Midwest markets make it a very strategic location. Specifically, I-81 runs through the heart of the New River Valley and the region in close proximity to interstates 77 and 64 via I-81, making interstate access easy and convenient.
Montgomery and Pulaski counties were also mentioned as some of the best places for automotive parts suppliers. There are sites in both counties that would make an excellent fit for businesses in the automotive or advanced manufacturing industries. In Montgomery County, the Falling Branch Corporate Park is an excellent option. The park has graded sites ranging from 3 to 16.7 acres and the county recently acquired an additional 124 acres to develop larger sites. Just off I-81 and highway 460, this park is ready for a new tenant.
Pulaski County also offers the New River Valley Commerce Park, this site is certified by McCallum Sweeney as an American Electric Power (AEP) Quality Site. The park has robust infrastructure and boasts sites up to 120 acres.
SheaDawn Park, a private development in Pulaski County, also boast excellent infrastructure and a rail spur. Twenty-two miles of the Crescent and Heartland rail corridors converge in Virginia’s New River Valley, which is easily accessible at ShaeDawn.
Virginia’s New River Valley: For those searching for a beautiful place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s A NATURAL FIT.
Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.
GILES COUNTY, VA– The Trek named Woods Hole Hostel in Pearisburg, VA one of the best Hostel Meals off the Appalachian Trail. Located just half a mile off the AT, the bed and breakfast has been around for 32 years. It’s a great place for hikers and even offers a shuttle service to the trail.
From the Trek:
This place is a slice of heaven that is not to be missed. Woods Hole offers home cooked, family-style meals that are made from local, organic, and homegrown foods. Fan favorites here are the homemade bread and organic salad (that is pulled straight from the garden). One of the most special aspects about the meals served at Woods Hole is the communal based aspect of food preparation and clean-up. They offer up the ingredients, and Neville then leads the team in creating the meal. Dinner costs $14, and breakfast is included with your room (or there is a “Broke Hiker Jar” for those who may not be able to afford the meal & room).
Virginia’s New River Valley: For those searching for a beautiful place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s A NATURAL FIT.
Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.
New River Valley, VA – The Blacksburg-Christiansburg-Radford MSA (commonly known as Virginia’s New River Valley) is the 10th most concentrated metro for number of jobs in high-tech industry, according to an analysis by Select USA. Of jobs in the NRV, 24.5% are in the high-tech industry. According to the analysis, high tech jobs are those that, “rely heavily on a skilled and educated workforce, act as innovative producers in our economy, and create and utilize advanced technologies.”
Because of the current base of technologically advanced jobs in the NRV and the region’s suitability for hosting this job market, Information Technology is one of the target industries of focus for the NRV. Our focus on Information Technology can be broken down into 4 sub-categories: Software Development, IT Support Services, Cybersecurity, and Digital Creatives. High-tech jobs also fall under other targeted industries in the NRV like Unmanned Systems and Advanced Manufacturing.
Virginia’s New River Valley has some of the best access to talent in tech industries. Considering it is a great place to live with a more affordable, down-to-earth culture, and exceptional access to research and innovation, the NRV is a natural fit for growing high-tech companies.
For more information about the Select USA high-tech industry study, click here.
Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.
NEW RIVER VALLEY, VA- The Blacksburg metro, known locally as the New River Valley, recently ranked 3rd out of 25 among metros with high ratio of IT graduates to IT jobs. This ranking was published in the July/August edition of Expansion Solutions Magazine based on information in 2015 when the New River Valley had 1,000 IT graduates, putting the ratio of graduates to jobs at 1:1.
The New River Valley is home to three higher education institutions that offer a range of degrees in IT, including:
The New RIver Valley has a growing IT industry. According to data from The Bureau of Labor and Statistics, from 2011-2016 the New River Valley as a whole has nearly 2,000 IT employees, marking a significant increase of 35% since 2011, which is well above both the state (3%) and national (12%) averages.
This puts IT companies in a place to thrive in Virginia’s New River Valley. Currently with 154 IT establishments, the NRV is becoming an IT hub that benefits from a lower cost of living and better quality of life for employees. Onward NRV, the region’s economic development organization has identified IT as a target industry for the New River Valley and is collaborating with leaders from business, government, and higher education to support and grow the sector in the region.
Overall, the IT industry offers a range of occupations and high average earnings. The presence of multiple higher education institutions, which offer programs and graduates in various technology related subjects provides a regional advantage. Based on recent job growth, industry presence, and related criteria, the IT sectors of focus for the region are Software Development, Cyber Security, IT Support Services, and Digital Creative Firms.
Some current IT companies and major employers in the New River Valley include Qualtrax, Rackspace, FoxGuard Solutions, Citizens Cooperative, and Modea.
For more information about IT in the NRV visit the Targeted Industry Page on our website. For any additional questions, feel free to contact Onward NRV.
Virginia’s New River Valley: For those searching for an inspiring place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s A NATURAL FIT.
Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.
Radford is the no. 18 safest city in Virginia, according to SafeWise.
According to safewise, Virginia has the 3rd lowest violent crime rate in the country, making it overall a safe state. Many of the communities in the NRV rank as some of the safest in the commonwealth.
These rankings were based on the FBI Crime Report from 2015 and population. Cities with less than 3,000 residents were eliminated. Read more about the rankings from Safewise.
Virginia’s New River Valley: For those searching for an inspiring place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of all worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s A NATURAL FIT.
Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.
NEW RIVER VALLEY– Hospitality—and Hokie football—isn’t simply a pastime in the New River Valley, it’s a way of life. It comes as no surprise, then, that Southern Living ranked Virginia Tech’s tailgates as eleventh best in the South.
Blacksburg’s tailgating atmosphere embodies the New River Valley, a region defined by welcoming and inclusive small towns. In fact, in 2016, Virginia Tech and Blacksburg were ranked #6 for having great town-gown relations by the Princeton Review in response to their annual survey which asked students whether they got along with their local community.
At a Tech tailgate, meandering between parking lots and making new friends is the name of the game—and, as any Hokie fan will tell you, it’s this good-natured spirit of the sport that brings everyone together, from college Freshmen to local retirees. In 2016, Bleacher Report ranked Lane Stadium and its atmosphere as the #20 College Football Stadium in America, and, that same year, USA Today called it a “hidden gem” with “one of the best team entrances in sports” when it ranked the Hokie experience as #10 in the nation. While it may be true that Hokie fans bleed orange and maroon, their enthusiasm for creating a warm and friendly game-day experience is what sets Tech fans apart from the crowd.
To read more about how Virginia Tech stacked up against the competition, visit Southern Living’s article on The South’s Best Tailgates 2017.
Date: February 15, 2017
New River Valley, VA – The New River Valley is among the top college destinations in the country, according to the American Institute for Economic Research (AIER). The Institute recently ranked the Blacksburg-Christiansburg-Radford Metropolitan Statistical Area (MSA) as the #17 college destination in the U.S. among other college town MSAs with populations less than 250,000. The New River Valley’s Cost of Living (No. 5) and Economic Activity (No. 4) were two factors that contributed to its high ranking.
AIER’s annual College Destinations Index analyzed 269 MSAs with colleges and universities around the country and ranked them based on several factors related to social and cultural life, as well as post-graduation work opportunities. According to AIER:
“The ‘college experience’ is about more than simply attending a top-notch university. The city or town where the school is located also is important. The people the students meet, the places they go, and the jobs they may hold are essential supplements to formal education.”
This “college experience” is what makes the New River Valley such a unique place for students to study, work, and play. Home to four different colleges and universities—Edward Via College of Osteopathic Medicine (VCOM), New River Community College, Radford University, and Virginia Tech—the region mixes small town charm and unparalleled outdoor amenities with world-class research and work-study opportunities.
Collaboration and partnership with local industries are the hallmarks of New River Valley colleges and Universities. Some of these partnerships include:
* Radford University’s ARTIS Lab enables Information Technology students to work hand-in-hand with local business partners to solve real-life problems in IT, data management, and cybersecurity each semester.
* New River Community College partners with local companies in both its Machine Technology program and its Instrumentation and Control Automation program to work with the materials and machines that are most in-demand for graduates of its programs.
* Virginia Tech’s successful Cooperative Education Program enables undergraduate students to gain real-world, full-time, career-related work experience during college. The College of Engineering’s program allows students to pursue co-ops at local, New River Valley employers like Luna Innovations, Wolverine Advanced Materials, Corning, Polymer Solutions, Aeroprobe, and among others.
* VCOM’s Appalachian Outreach program pairs students with allied healthcare professionals to provide wellness screenings, free clinics, and other programs to provide both practical experiences for students and much needed medical care for underserviced communities.
Outside of the classroom, students can hike over fifty miles of the Appalachian Trail, bike over eighty miles of singletrack or greenways, boat at Claytor Lake, or canoe or kayak the second oldest river in the world—all within the New River Valley.
The region is also a hub for arts and cultural events. Virginia Tech’s Moss Arts Center showcases talent like the Munich Symphony Orchestra or the Philip Glass Ensemble, and the Floyd Country Store upholds the history and evolution of Appalachian music at its weekly Friday Night Jamboree. Numerous restaurants like 622 North, pictured above, provide intimate performance venues for local or regional musicians.
With ten towns and one city forming the backbone of the New River Valley, popular shops, restaurants, and coffee houses serve any number of regional students, faculty, and staff. Nestled in the college downtowns of Blacksburg and Radford, two historic, independent theaters—The Lyricand the Radford Theater—offer movie buffs an ever-changing selection of independent movies, documentaries, special screenings, and film festivals throughout the year.
With resources like these, it’s easy to see why the New River Valley was ranked one of the top college destinations in the U.S. To learn more, visit the AIER College Destinations Index 2017.
Virginia’s New River Valley: For those searching for an inspiring place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s A NATURAL FIT.
Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.