This region is in western Virginia and spans across metropolitan areas (MSAs) from Roanoke-Alleghany Region to the New River Valley.
The region’s industries provided approximately 6.4% 3 of the state’s gross domestic product (GDP) in 2017. Historically, manufacturing, trade, transportation, and utilities industries have played a significant role in the region’s economic activity. Recently the region has experienced growth in the health and education sector and experienced a 185% growth in annual postsecondary graduates.
The Roanoke and New River region consists of:
Cities – Covington, Radford, Roanoke, and Salem
Counties – Alleghany, Bedford, Botetourt, Craig, Floyd, Franklin, Giles, Montgomery, Pulaski, and Roanoke.
Total Population 781,648
Total Employment 362,604
Unemployment Rate 3.1%
Median Income Level $41,152
Mfg. Establishments 1,247
Mfg. Employment 48,444
Manufacturing (basic and advanced), Life Sciences and Health Care, Food and Beverage Processing, Emerging Technology and IT
Talent or Workforce Development, Attraction and Retention; Collaborative Development of Sites and Buildings, Entrepreneurship and Business Development, Technology Development
Select clients served within Roanoke/New River/Lynchburg Region:
Gala Industries, Inc.
Foster Fuels, Inc.
Innovative Wireless Technologies
Volvo Heavy Trucks GM
Global Metal Finishing, Inc.