Advertisement

Header Utility Menu

  • Subscribe
  • Advertise
  • Contact Us
  • Events

LinkedIn Facebook Twitter Instagram Get Our App

  • Login

Virginia Business

Mobile Menu

  • Issues
  • Industries
    • Banking/Finances
    • Business Law
    • Commercial Real Estate
    • Economic Development
    • Education
    • Energy/Green
    • Federal Contracting
    • Government
    • Healthcare
    • Hotels/Tourism
    • Insurance
    • Ports/Trade
    • Small Business
    • Technology
    • Transportation
  • Regions
    • Central Virginia
    • Eastern Virginia
    • Northern Virginia
    • Roanoke/New River Valley
    • Shenandoah Valley
    • Southern Virginia
    • Southwest Virginia
  • Reports
    • Best Places to Work
    • Business Person of the Year
    • CEO Pay
    • Coronavirus 2020
    • Generous Virginians Project
    • Legal Elite
    • Most Influential Virginians
    • Maritime Guide
    • Site Locator
    • The Big Book
    • Virginia CFO Awards
  • Company News
    • For the Record
    • People
  • Opinion
  • Lists
  • Awards/Events
    • Diversity Leadership Series
    • Vote Now for Women in Leadership
    • Virginia 500
    • Legal Elite
    • CFO Awards
    • Big Book of Lists
    • 100 People To Meet
    • Best Places To Work
  • Virginia 500
    • Read the issue
    • Order a copy
    • Buy an award plaque
    • Nominate execs for 2021

Advertisement

Header Primary Menu

  • virginiabusiness.com
  • Subscribe
  • Advertise
  • About Us
  • Contact Us

Home News Regions Central Virginia Starstruck

Starstruck

Central Virginia still feels the Hollywood glow from ‘Lincoln’

Published March 1, 2013 by Veronica Garabelli

Steven Spielberg’s “Lincoln

The stars of “Lincoln” may have left Central Virginia more than a year ago, but many believe Steven Spielberg’s movie will continue to give the region an economic boost.

“That’s going to continue to be a huge driver,” says Renee Chapline, executive director of Virginia’s Gateway Region, which includes Petersburg, a primary backdrop for the movie. “Hopefully, it’ll seal the deal for Virginia being a location for future movie productions.” 

“Lincoln,” shot in Richmond and Petersburg in late 2011, resulted in a $64 million economic impact on the state. In addition to promoting the region as a film location, the critically acclaimed movie also is expected to attract tourists to Central Virginia sites associated with Lincoln, such as City Point in Hopewell, and to restaurants and shops frequented by Daniel Day-Lewis, Sally Field and other members of the cast.

The “Lincoln” film is one of many economic development coups for Central Virginia in recent years. In late 2011, Internet giant Amazon.com announced it was creating 1,450 jobs in the area with the construction of two giant fulfillment centers in Chesterfield County and Dinwiddie County.  The online retailer’s total investment in the project reached $145 million.

In 2012, Central Virginia recorded plans to create 2,029 jobs with total investments of $828 million. That year the region had 55 announcements.

Greg Wingfield, president of the A Richmond Partnership (GRP) — which includes Richmond and Chesterfield, Hanover and Henrico counties — says companies such as Amazon are drawn to the area because of its proximity to major highways, ports and airports.

Another plus for the region has been the dramatic growth of Health Diagnostic Laboratory, which opened in Richmond in 2009. The company, headed by Doswell native Tonya Mallory, provides clinical lab testing and disease management services. 

In January 2012, HDL announced a $68.5 million expansion of its operations in the Virginia BioTechnology Research Park as it adds more than 700 jobs.  “Tonya’s company is just growing leaps and bounds,” Wingfield says.  “That’s the type of business that really does complement our current economy and helps move the economy forward.”

Wingfield says the Richmond area is seeing growth in three industry sectors: manufacturing, finance and insurance, and data centers. Of more than 400 prospective companies looking at the area in January, 30 percent were expected to make a decision within the next 12 months and half of those are manufacturing companies.

One place hoping to be a game changer for manufacturing is the Commonwealth Center for Advanced Manufacturing (CCAM), a collaborative research center in Prince George County. CCAM’s research focuses on surface engineering and manufacturing systems.

The center now has about a dozen industry members such as Rolls-Royce and Newport News Shipbuilding as well as three university partners:  the University of Virginia, Virginia Tech and Virginia State University.

Chapline mentions food manufacturing as a growing sector in Virginia’s Gateway Region, which includes Petersburg, Hopewell and Colonial Heights plus Chesterfield, Dinwiddie, Prince George, Surry and Sussex counties. “Even in a down economy, that’s one thing that continues to grow,” she says.

Sabra Dipping Co. is one of those companies. The hummus and dip manufacturer in Chesterfield County announced it was adding 90 jobs last year, a $28 million investment. 

Another major development in Chesterfield was a decision by McLean-based Capital One to add a data center in Meadowville Technology Park, creating 50 jobs and investing $150 million.

In the Charlottesville area, the top industry sector is business and financial services, according to a target market report by The Thomas Jefferson Partnership, an economic development organization assisting the city and surrounding counties. The sector has grown by 20 percent, adding 3,534 jobs, in 2006-11. In 2009, for example, State Farm Insurance announced it was expanding in Albemarle County and adding 103 jobs.

A big key to attracting companies to Central Virginia, economic development officials say, is having a readily available work force or being able to attract employees from other areas. Wingfield uses Capital One as an example. He recently talked to a group of Capital One employees, most of whom were young professionals who had relocated to Richmond and stayed because of the area’s quality of life. The city offers a variety of activities, such as attending the Richmond Folk Festival, running the Richmond Marathon or hiking Belle Isle. Wingfield says that while past recruiting efforts in the Richmond area focused on the suburban lifestyle, the area can now market urban and suburban living environments. 

“I think what has developed in Richmond over time is that we have such a diversity of lifestyle, that part of the challenge is connectivity,” Wingfield says. “Making sure we can show people where they can connect to other people or other opportunities and activities they want to be engaged in or learn more about.”

GRP tries to bridge the gap with LoveWhatYouFind.com, a website that explores the advantages of relocating to the Richmond area. The website is broken down by interests (work, live, learn, play) and offers an overview of each GRP area (Richmond, Chesterfield, Hanover and Henrico).  Another GRP resource for job seekers and companies looking to relocate to Richmond is RichmondJobNet.com. 


Major employers by number of jobs

State government, 26,845

Federal government, 15,800

Fort Lee Army Base, 12,000+

Chesterfield County, 10,845

Henrico County, 10,694

Capital One Financial Corp., Richmond, 9,995

City of Richmond, 8,583

VCU Health System, Richmond, 7,935

UVA Medical Center, Charlottesville, 7,262

HCA Inc., Richmond, 7,236

Source: Richmond Times-Dispatch, Virginia’s Gateway Region, The Thomas Jefferson Partnership For Economic Development


Central Virginia’s recent deals

Amazon, Chesterfield/Dinwiddie counties, 1,450 jobs

Health Diagnostic Laboratory (HDL), Richmond, 919 jobs

Cuore, Chesterfield County, 772 jobs

Capital One Financial Corp., Henrico County, 700 jobs

Commonwealth Applied Silica Technologies, Campbell County, 300 jobs

Intersections Inc., Campbell County, 250 jobs

Wells Fargo, Henrico County, 220 jobs

GE, Henrico County, 200 jobs

PPD Inc., Henrico County, 190 jobs

The Vitamin Shoppe Inc., Ashland, 174 jobs

Source:  Virginia Economic Development Partnership

Related Stories

Virginia Business logo

Brink’s CEO retiring amid board shakeup

Virginia Business logo

Dominion Virginia Power and SunEnergy1 to install largest solar facility in Hampton Roads

Virginia Business logo

Hunton & Williams to merge with Texas law firm

Trending

Finance/Insurance: STEPHAN Q. CASSADAY

Finance/Insurance: PAUL B. MANNING

Federal Contractors/Technology: JASON PROVIDAKES

Education: ANNE M. KRESS

Artemis I to launch with help from Va. contractors

Sponsored Stories

Why is my Less Than Truckload (LTL) freight pricing going up and my service level going down?  

Beyond Juneteenth – How Capital One is Commemorating and Implementing Change

How We Help Your Business Operate Better

Before the Breach: Get Serious About Cyber Resilience

Professionals are Discovering What it Means to Live Uniquely in the Alleghany Highlands of Virginia

Riverside Logistics Celebrates 25th Anniversary!

Girls for a Change Empowers Black Youth for the Future Workforce

The Jackson Ward Collective is equipping Black-owned small businesses with the tools for success

Advertisement

Advertisement

Trending

Finance/Insurance: STEPHAN Q. CASSADAY

Finance/Insurance: PAUL B. MANNING

Federal Contractors/Technology: JASON PROVIDAKES

Education: ANNE M. KRESS

Artemis I to launch with help from Va. contractors

Sponsored Stories

Why is my Less Than Truckload (LTL) freight pricing going up and my service level going down?  

Beyond Juneteenth – How Capital One is Commemorating and Implementing Change

How We Help Your Business Operate Better

Before the Breach: Get Serious About Cyber Resilience

Professionals are Discovering What it Means to Live Uniquely in the Alleghany Highlands of Virginia

Riverside Logistics Celebrates 25th Anniversary!

Girls for a Change Empowers Black Youth for the Future Workforce

The Jackson Ward Collective is equipping Black-owned small businesses with the tools for success

Get Virginia Business directly on your tablet or in your mailbox!

Subscribe to Virginia Business

Advertisement

Advertisement

Footer Primary Menu

  • virginiabusiness.com
  • Subscribe
  • Advertise
  • About Us
  • Contact Us

Footer Secondary Menu

  • Industries
  • Regions
  • Reports
  • Company News
  • Events

Sign Up For Our Newsletter

Sign Up

LinkedIn Facebook Twitter Instagram Get Our App

Privacy Policy Cookie Policy

Footer Utility Menu

Copyright © 2023 Virginia Business. All rights reserved.

Site Maintained by TechArk