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 70 headquarters that earn at least $600 million in revenue each year. The following list highlights some of the Commonwealth's top corporate headquarters. Thirty-two of these businesses are Fortune 1000 companies while the rest are from the Virginia Business 2008 List of Leaders of both private and public companies.
| Company |
City |
Revenues
($millions)
|
Fortune
1000 rank
|
| Advance Auto Parts |
Roanoke |
$4,844.4 |
476 |
| AES |
Arlington |
$13,588 |
183 |
| AIMS Worldwide, Inc. |
Falls Church |
$1,742.4 |
n/a |
| Albemarle |
Richmond |
$2,336.2 |
806 |
| Alpha Natural Resources |
Abingdon |
$1,877.6 |
923 |
| Altria Group |
Richmond |
$73,801 |
61 |
| American Woodmark Corporation |
McLean |
$760.9 |
n/a |
| Amerigroup |
Virginia Beach |
$3,945.5 |
555 |
| AvalonBay Communities |
Alexandria |
$813 |
n/a |
| BearingPoint |
McLean |
$3,455.6 |
604 |
Booz Allen Hamilton
|
McLean
|
$4,100.0
|
n/a
|
Brink's
|
Richmond
|
$3,219.0 |
636 |
CACI International
|
Arlington
|
$1,938.0 |
908 |
Capital One Financial
|
McLean
|
$19,132.0 |
130 |
CarMax
|
Richmond
|
$8,199.6 |
333 |
Carpenter Co.
|
Richmond
|
$1,710.0 |
n/a |
Chesapeake Corp.
|
Richmond
|
$1,059.6 |
n/a |
Circuit City Stores
|
Richmond
|
$11,743.7 |
215 |
Computer Sciences
|
Falls Church
|
$16,499.5 |
170 |
Dollar Tree
|
Chesapeake
|
$4,242.6 |
533 |
Dominion Resources
|
Richmond
|
$15,674.0 |
161 |
DynCorp International
|
Falls Church |
$2,082.3 |
874 |
ePlus Inc.
|
Herndon |
$791.6 |
n/a |
| Estes Express Lines |
Richmond |
$1,395.0 |
n/a |
Feld Entertainment
|
Vienna |
$800.0 |
n/a |
FHC Health Systems
|
Norfolk |
$1,400.0 |
n/a |
Freddie Mac
|
McLean |
$43,104.0 |
54
|
Friedman, Billings, Ramsey
|
Arlington |
$905.0 |
n/a |
Gannett
|
McLean |
$7,439.5 |
332 |
General Dynamics
|
Falls Church |
$27,240.0 |
87 |
Genworth Financial
|
Richmond |
$11,125.0 |
233 |
GTSI Corp.
|
Chantilly |
$850.2 |
n/a |
Hilb Rogal and Hobbs
|
Glen Allen |
$799.7 |
n/a |
ICF International, Inc.
|
Fairfax |
$727.1 |
n/a |
Interstate Hotels & Resorts
|
Arlington |
$817.0 |
n/a |
Interstate Hotels & Resorts, Inc.
|
Arlington |
$800.1 |
n/a |
K-Va-T Food Stores
|
Abingdon |
$1,656.0 |
n/a |
LandAmerica Financial Group
|
Glen Allen |
$3,705.8 |
582 |
Landmark Communications
|
Norfolk |
$2,000.0 |
n/a
|
Long & Foster
|
Fairfax |
$1,078.0 |
n/a |
Mantech International
|
Fairfax |
$1,448.1 |
n/a |
Markel
|
Glen Allen |
$2,483.3 |
780 |
Mars Inc.
|
McLean
|
$17,000.0 |
n/a |
Massey Energy
|
Richmond |
$2,413.5 |
791 |
MAXIMUS, Inc.
|
Reston |
$738.6 |
n/a |
Md. & Va. Milk Producers Cooperative
|
Reston |
$894.0 |
n/a |
MeadWestvaco
|
Glen Allen |
$6,906.0 |
356 |
Media General
|
Richmond |
$932.2 |
n/a |
NewMarket Corp.
|
Richmond |
$1,374.9 |
n/a |
NII Holdings
|
Reston |
$3,296.3 |
624 |
Norfolk Southern
|
Norfolk |
$9,432.0 |
276 |
NVR
|
Reston |
$5,156.4 |
464 |
Old Dominion Electric Cooperative
|
Glen Allen |
$960.0 |
n/a |
Omega World Travel
|
Fairfax |
$1,300.0 |
n/a |
Orbital Sciences Corp.
|
Dulles |
$1,084.1 |
n/a
|
Owens & Minor
|
Mechanicsville |
$6,800.5 |
360 |
Performance Food Group**
|
Richmond |
$6,304.9 |
384 |
Primus Telecommunications Group
|
McLean |
$902.2 |
n/a |
RCN Corporation
|
Herndon |
$636.1 |
n/a |
SLM
|
Reston |
$9,171.1 |
286 |
Smithfield Foods
|
Smithfield |
$11,351.2 |
222 |
Southern States Cooperative
|
Richmond |
$1,700.0 |
n/a |
Sprint Nextel
|
Reston |
$40,146.0 |
n/a |
SRA International
|
Fairfax |
$1,268.9 |
n/a |
Stanley, Inc.
|
Arlington |
$604.3 |
n/a |
Sunrise Senior Living
|
McLean |
$2,372.0 |
n/a |
The Brink’s Co.
|
Richmond |
$3,219.0 |
n/a |
Tredegar Corp.
|
Richmond |
$924.4 |
n/a |
Ukrop’s Super Markets
|
Richmond |
$607.0 |
n/a |
Universal
|
Richmond |
$2,145.8 |
683 |
ValueOptions
|
Norfolk |
$1,000.0 |
n/a |
VSE Corporation
|
Alexandria |
$653.2 |
n/a |
Watson Wyatt Worldwide
|
Arlington |
$1,486.5 |
n/a |
| XO Holdings |
Reston |
$1,428.7
|
n/a |
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 operating expenses 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 |
47,970 |
$34,620 |
| Accountants and auditors |
33,900
|
$65,920 |
| Customer service representatives |
58,270 |
$30,510 |
| Executive secretaries and administrative
assistants |
22,150 |
$44,930 |
| Office clerks, general |
125,600 |
$28,050 |
| Business operations specialists, all
other |
30,300 |
$71,590 |
| Computer systems analysts |
31,690 |
$83,580 |
| Management analysts |
35,210 |
$87,140 |
| Secretaries, except legal, medical, and
executive |
17,410 |
$34,370 |
| Computer support specialists |
19,230 |
$47,600 |
| Financial analysts |
6,870 |
$76,840 |
| Computer software engineers, applications |
33,070 |
$89,090 |
| Billing and posting clerks and machine
operators |
12,810 |
$31,970 |
| Market research analysts |
9,460 |
$71,670 |
| Computer programmers |
14,880 |
$79,380 |
| Network systems and data communications
analysts |
12,780 |
$79,160 |
| Payroll and timekeeping clerks |
5,310 |
$36,180 |
| Receptionists and information clerks |
29,960 |
$24,690 |
| Compensation, benefits, and job analysis
specialists |
2,980 |
$57,730 |
| Human resources assistants, except payroll
and timekeeping |
5,060 |
$38,830 |
| Employment, recruitment, and placement
specialists |
5,740 |
$52,540 |
Over the past 10 years, corporate, regional, and/or division headquarters have made more than 500 announcements to create more than 60,400 jobs and make nearly $5 billion in capital investments.
| Company
Name |
Location |
Employment
|
Investment
(millions)
|
| AREVA NP Inc.* |
Lynchburg
|
500
|
$25.00 |
| Bostwick Laboratories |
Henrico Co. |
600 |
$4.58 |
| Dollar Tree Stores, Inc. |
Chesapeake |
100 |
$16.60 |
| LandAmerica Financial Group |
Henrico Co. |
200 |
$18.00 |
| McAirlaid’s Vliesstoffe GmbH &
Co. KG* |
Franklin Co. |
160 |
$85.00 |
| MeadWestvaco Corp. |
Richmond |
400 |
$80.00 |
| Orbital Sciences Corporation |
Loudoun Co. |
600 |
$0.00 |
| Rolls-Royce* |
Fairfax Co. |
100 |
$1.00 |
| Volkswagen of America, Inc.* |
Fairfax Co. |
401 |
$118.00 |
| GridPoint, Inc. |
Arlington Co. |
250 |
$5.00 |
* Indicates
foreign affiliation
2008 announcements are preliminary
All announcements are subject to revision |
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 |
30 |
| Best Undergraduate Business Programs |
Rank |
| University of Virginia (McIntire) |
6 |
| Virginia Tech (Pamplin) |
43 |
| Best Graduate Business Schools |
Rank |
| University of Virginia (Darden) |
14 |
| Virginia Tech (Pamplin) |
57 |
| College of William and Mary (Mason) |
58 |
| Best Law Schools |
Rank |
| University of Virginia |
9 |
| Washington and Lee University |
25 |
| College of William and Mary (Marshall-Wythe) |
30 |
| George Mason University |
38 |
| University of Richmond (Williams) |
68 |
|
