While the region is known for professional service firms supporting defense, security and marine interests it has been able to expand other high-wage sectors such as finance and insurance and advanced manufacturing.
While most of the growth has occurred in the Fredericksburg area, along the I-95 corridor, the rural areas of the Northern Neck and Middle Peninsula have benefited from the diversification, specialization and modernization of their natural resource-based industries. The deployment of a high-speed broadband network across the region has supported the creation of numerous small technical and professional businesses throughout the region. The region’s trove of national historical sites and abundant coastal amenities continues to support an ever-expanding tourism industry.
Region 4 consists of:
Cities – Colonial Heights, Emporia, Hopewell, Petersburg, and Richmond
Counties – Charles City, Chesterfield, Dinwiddie, Goochland, Greensville, Hanover, Henrico, New Kent, Powhatan, Prince George, Surry, and Sussex
Region 4 stats:
Total Population 1,262,655
Total Employment 622,715
Unemployment Rate 3.0%
Median Income Level $51,575
Mfg. Establishments 1,751
Mfg. Employment 39,958
Region 6 consists of:
Cities – Fredericksburg
Counties – Caroline, Essex, Gloucester, King and Queen, King George, King William, Lancaster, Mathews, Middlesex, Northumberland, Richmond, Spotsylvania, Stafford, and Westmoreland
Region 6 stats:
Total Population 508,626
Total Employment 231,258
Unemployment Rate 3.1%
Median Income Level $44,058
Mfg. Establishments 518
Mfg. Employment 7,956
Target industries combined:
Advanced Manufacturing, Food and Beverage Processing, Healthcare/Life Sciences and Biosciences, Information Technology, Emerging Technologies, and Logistics
Strategies combined:
Talent or Workforce Development, Attraction and Retention; Collaborative Development of Sites and Buildings, Entrepreneurship and Business Development, Technology Development
Select clients served within Central Virginia:
Advantus Corp./Seward Trunk
Atlantic Constructors
Delta Pure Filtration Corp.
E R N I Electronics
Jewett Machine Manufacturing
Joint Logistics Managers, Inc.
M G C Advanced Polymers
Rock-Tenn Co.
Toll Integrated Systems
Virginia Semiconductor, Inc.
Wink Fasteners, Inc.
