Virginia Economic
Development Partnership

901 East Byrd Street
P.O. Box 798
Richmond, VA 23218-0798
USA
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Inquiries:
(804) 545-5600 (General)
(804) 545-5806 (Media)



Virginia's Key Business Sectors

Industries of the 21st Century

Virginia continues to experience robust job growth and capital investment. Virginia’s targeted business sectors are diverse. Whether you’re manufacturing communication satellites, processing ready-to-bake cookie dough, or warehousing and distributing products globally, Virginia’s unique combination of resources provide a strong foundation for your success.

  • Manufacturing: Virginia is leader in advanced manufacturing and home to more than 6,000 manufacturing companies, which employ over 69,000 people.

  • Energy: Virginia is home to 385 Energy companies. The top sectors for the Energy Industry are Conventional Fuel Mining and Processing, Conventional Utilities and Renewable Energy Equipment and Power.

  • Information Technology: With more than 280,000 high-technology jobs in Virginia in 2010, Virginia has the highest percentage of technology workers in the country and ranks 4th in total high-technology employment as reported in Cyberstates 2011.

  • Bioscience: Increasingly, leading pharmaceutical, medical device and biotechnology firms are choosing Virginia. Here you'll find dynamic research universities, renowned research institutes, as well as major manufacturers.

  • Global Logistics: Today's leading distributors are taking increasing advantage of Virginia's proximity to Eastern U.S. and Midwest markets.

  • Corporate Headquarters: 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 with annual sales of more than $500 million.