Valley Proteins is an early adopter of Frederick County’s new Green Energy Facility, which will be operational in 2016.
Frederick County, Virginia
’ s Business
2014 YEAR IN REVIEW
WASHINGTON, DC NEW YORK CITY
BOSTON COLUMBUS ATLANTA W WASH RALEIGH CHARLESTON CHARLOTTE CHICAGO CINCINNATI DETROIT INDIANAPOLIS LOUISVILLE PHILADELPHIA ST. LOUIS BIRMINGHAM NASHVILLE 250 MILES 500 MILES
FREDERICK COUNTY
Top 10%
of localities in Virginia
for capital investment & new job
growth over the last decade!
WINCHESTER MSA
2015 Projected Ranking Among
Virginia MSAs:
No. 1
Employment, Wages
& Building Permits
No. 3
Retail Sales
Ginger Perry - The Winchester Star
Douglas Graham Aaron Riddle - Lord Fairfax Community College
City of Winchester
Jeff Keister
No. 18
BEST SMALL PLACES
FOR BUSINESS &
CAREERS
Forbes
Workforce Ready.
FREDERICK COUNTY, VA
SAMPLE EMPLOYMENT (30-Mile Radius)
Available Avg. Wage
Blending Machine Setters 142 $35,100 Customer Service Reps. 656 $34,100 Human Resource Specialists 418 $68,400 Medical Lab. Technologists 98 $56,400
Machinists 196 $41,200
Maintenance Workers 106 $37,700 Packaging Machine Operators 958 $30,100 Production Workers 830 $26,500
Source: JobsEQ, 3Q2014
109,362
470,325
8%
Our Population
(Frederick Co. & Winchester) 30-Mile Radius Projected Growth Rate(2014-2019)
Source: ESRI, 4Q2014
220,000
4.7%
30%
Workforce Draw
(30-Mile Radius) Unemployment Rate(November 2014) Associate’s Degree or Higher
Source: JobsEQ, 3Q2014
Live & Work in Frederick Co. & Winchester
65%
Commute35%
Virginia’s corporate income tax (6%) hasn’t changed in more than 30 years.
Predictable Costs.
TAXES
State & Local Sales Tax 5.3% State Corporate Income Tax 6.0% Frederick Co. Real Estate Tax
(per $100 assessed value) $0.585 Frederick Co. Personal Property Tax
(per $100 assessed value) $4.86 Frederick Co. Machinery & Tools Tax
(per $100 assessed value) $2.00
Sources: FCVA.us & YesVirginia.org
COST OF LIVING Winchester MSA 101.9% D.C./Arlington/Alexandria 141.6% Bethesda/Frederick, MD 128.3% Richmond, VA 99.4% Charlottesville, VA 104.0%
Source: C2ER, 2014 Annual Avg. Data
UTILITIES
Electricity | Average Industrial Rates (cents p/KWH) $0.06 - $0.075
Natural Gas | Average Industrial Rates(LP, Coal, & Oil Distributors) $0.064 - $0.0712 therm
Water | Capacity = 15.5 MGD Current Use = 12.5 MGD $3.99 / 1,000 gal.
WASHINGTON, DC NEW YORK CITY
BOSTON COLUMBUS ATLANTA JACKSONVILLE W WASH RALEIGH CHARLESTON CHARLOTTE CAGO CINCINNATI DETROIT INDIANAPOLIS LOUISVILLE PHILADELPHIA IS ORLANDO TAMPA BIRMINGHAM NASHVILLE 250 MILES 500 MILES 750 MILES
Get There
From Here.
7
37
11
522
50
66
81
Within 500 miles of 50% of the U.S. population. Overnight access to nearly two-thirds of the industrial activity in the U.S. & Canada.
AIR
Dulles International (50 minutes) Ronald Reagan National (<2 hrs.)Baltimore/Washington International (<2 hrs.) Winchester Regional Airport (general aviation)
RAIL
CSX | Winchester & Western (connecting to Norfolk Southern)PORT
Virginia Inland Port Globally recognized companies callthe Winchester MSA home. LARGEST EMPLOYERS*
Valley Health System | Navy Federal Credit Union | U.S. Department of Homeland Security | Shenandoah University | WalMart
| Rubbermaid Commercial Products |
Home Depot (distribution & retail) | Lord Fairfax Community College | U.S. Federal Bureau of Investigation | Martin’s Food Market |
HP Hood | Kraft Foods | U.S. Department of Defense | O’Sullivan Films | Trex Company
| Axiom Staffi ng | Grafton School | Onsite Engineering | Kohl’s (distribution & retail) |
American Woodmark | McDonald’s |
Shockey Brothers | Thermo Fisher Scientifi c
*Excludes local government and K-12 public schools Source: Virginia Employment Commission, 2Q 2014 - Winchester MSA EMPLOYER DIVERSITY 15.1% Healthcare 15.1% Government 14.6% Retail Trade 12.6% Manufacturing 9.3% Accomodation & Food 8.2% Other
5.1% Admin. & Waste Services 4.5% Construction
3.8% Trans. & Warehousing 3.6% Finance & Insurance 3.0% Prof./Technical Services 2.9% Wholesale Trade 2.3% Management of Companies
Source: Virginia Employment Commission 2Q,2014
Good Company.
Winchester MSA
, which includes Frederick County, is projected to be among the top three MSAs in Virginia in 2015 for employment, wage, and building permit growth.And, we operate in one of the Nation’s top states for business!
Consistent Performance.
STATE RANKING COMPARISONS
VA MD WV
Average State & Local Sales Tax 7 13 17
State Corporate Income Tax 16 35 23
Forbes.com “Best States for Business” 4 20 48
CNBC “Top States for Business” 8 35 48
Source: Yes Virginia.org, Forbes.com, CNBC.com
Compare Virginia @ YesVirginia.org
Top 10
MOST EXCITING PLACES IN VIRGINIA
$38.8 Million in New Capital Investment
| Barrett Machine, Creative Urethanes, HP Hood, Mercury Paper, M&H Plastics, Rubbermaid Commercial Products, Southeastern Container, and TalentWise announced that they will create more than $38 million in new capital investment.$38.8m
A YEAR IN REVIEW
2014
336 New Jobs
| Frederick County companies announced the anticipated creation of more than 300 jobs in 2014! TalentWise, a leading Hiring Process Management solutions provider for the Human Capital Management industry, chose Fort Collier Industrial Park for its new East Coast Operations Center. The company will initially hire 100 people, expanding to 300 over the next four years. Barrett Machine, Creative Urethanes, HP Hood, Mercury Paper, M&H Plastics, Rubbermaid, and Southeastern Container also announced new jobs for the community.300+
Top 10% of Virginia Localities
| Frederick County ranks among the top 10% of Virginia localities over the last decade for new job creation and capital investment. The metro area has been a consistent leader in Virginia over the last two years, securing top growth rates in employment and wages and fi nishing within the top fi ve for retail sales and building permit growth.Top 10%
No. 1 in Utilization of Regional On-The-Job Training Program
| Frederick County companies are taking advantage of the $5 million Valley On-the-Job Training Program, a U.S. Department of Labor grant offering training & wage reimbursement for manufacturing and healthcare employers who hire unemployed or underemployed workers.No. 1
Higher Education Institutions Continue to Expand
| Lord Fairfax Community College celebrated the grand opening of its new Student Union building and Nursing Simulation Lab. LFCC is the Nation’s “Top Mid-Sized Community College for Technology & Innovation” (e.Republic’s Center for Digital Education). Shenandoah University, No. 47 on U.S. News & World Report’s “Best Colleges” list, opened a new Health and Sciences Building on its main campus.Navy Federal Credit Union Becomes Largest Private-Sector Employer
| Navy Federal, who began operations in Frederick County in 2006 with 60 employees, has become the area’s largest private employer after surpassing 1,200 employees. During that span, the company also celebrated the grand opening of Building II on its Winchester campus.Companies Benefi t from New Green Energy Facility
| Valley Proteins has become an early-adopter of the Frederick-Winchester Service Authority’s new Green Energy Facility, a cost-saving waste management opportunity for companies in the food processing industry.TalentWise Chooses
Frederick County
TalentWise, a business services fi rm, will hire 300 people over the next four years as it establishes its East Coast Operations Center in Frederick County.M&H Plastics Plans Expansion
M&H Plastics, a manufac-turer of plastic packaging for the personal care market, announced that it will invest $5.5 million and create 45 new jobs in the expansion of its Frederick County facility.
Our Highlights.
Winchester MSA | Projected Growth Among Virginia MSAs
No. 1
Employment, Wage &
Building Permit Growth
No. 3
Retail Sales
Virginia Economic Trends | 4Q 2014
COMP
ANIES
$410k
projected wage
reimbursement
$378k
already reimbursed
10
Creative Workforce
Development Programs
Frederick County companies
can qualify for wage & training
reimbursement when hiring
unemployed or underemployed
workers.
No. 1
IN SHENANDOAH VALLEY Company Utilization of Valley On-the-Job Training GrantJeff Taylor - The Winchester Star
Find more news
@ YesFrederickVA.com
Valley Proteins
estimates it will save$50,000 - $100,000 annually by sending its high-strength waste to Frederick County’s new
Green Energy Facility
.A Note From The Director.
The Frederick County Economic Development Authority (EDA) is pleased to share that 2014 extended the positive economic momentum for Frederick County, VA. The EDA and its economic development partners, worked with eight companies in 2014 to secure additional investments for the community. These announcements will result in the creation of more than $38 million in capital investment, 336 new jobs, and the retraining of 84 existing positions. Over the last decade, the EDA has facilitated $650 million in capital investment and more than 3,000 new jobs, placing Frederick County in the top 10% of all Virginia localities in regards to new jobs and capital investment.
Our community’s economic prosperity can be attributed, in-part, to the continued success of existing businesses like Barrett Machine, Creative Urethanes, HP Hood, M&H Plastics, Mercury Paper, Rubbermaid Commercial Products, Southeastern Container, and Talent Wise. These companies made signifi cant investments in Frederick County in 2014. In addition, Navy Federal Credit Union became the largest private-sector employer in Frederick County, surpassing 1,200 employees.
Consistent economic performance, recent third-party recognition, and a continued strategy focused on the success of existing businesses presents an optimistic picture moving forward. Recent community achievements include:
• No. 18 - Forbes’ Best Small Places for Business and Careers — Top 10% of MSAs recognized
• Highest forecasted annual average growth among Virginia MSAs in employment, total wages, and building permits for 2015
(Virginia Economic Trends)
• Top utilization for the regional $5 million On-the-Job Training Program
• Construction of a Green Energy Facility — producing signifi cant savings for a broad range of food manufacturing-related businesses
• Transitioning Frederick County’s Industrial Development Authority to an Economic Development Authority — providing greater fl exibility to focus on a variety of business attraction and retention strategies
Please contact us to see how Frederick County can be the solution for your business. Sincerely,
Experience Commitment.
HP Hood was recognized by the Frederick County Board of Supervisors for its continued expansion in Frederick County and for being named Dairy Foods’ 2013 Processor of the Year.Grow With Us.
“We’re close to the VA Inland
Port, which is a huge advantage...
And, the proximity to major highways and Dulles International Airport lets us import/export materials without a hassle.” Andy ThompsonPresident, Clinical Diagnostics Thermo Fisher Scientifi c
PRK Drilling & Blasting
is anInc. 5000
company.IndustryWeek named
Packing Corporation of America
to its list of50 Best U.S. Manufacturers
.Winchester Medical Center
graced U.S. News & World Report’sTop Five Best Virginia Hospitals
.Shockey Companies
is one of Engineering News Record’sTop Contractors in the Mid-Atlantic
.Navy Federal Credit Union
has been named to Fortune’s list of100 Best Companies to Work For
.Food Processing Magazine named
Kraft Foods
&HP Hood
to its list ofTop 100 Food & Beverage Companies
.Trex Company
received a“Stevie
®Award,”
from The American Business Awardsfor its Engineered Artistry marketing campaign.
IT Service Centers | Regional HQ’s | Data & Call Centers | Back Offi ce | Software Design
Navy Federal Credit Union (contact center), Trex Company (HQ, manufacturing), TalentWise (contact center)
Small & Medium-Scale Manufacturing | Software Development | Business Services | Life Sciences FEMA (IT, call center), FBI (records management center), Executive Protection Systems (business services)
Medical Device Manufacturing | Biotech & Pharmaceutical Research
Thermo Fisher Scientifi c (manufacturing), Valley Bio Medical (manufacturing), McKesson (distribution)
Manufacturing of: Packaged Foods | Perishable Foods | Organic Foods | Beverages
HP Hood (manufacturing), Kraft Foods (manufacturing), New World Pasta (manufacturing)
Medical | Computers & Electronics | Plastic Products | Fabricated Metal Products
Melnor (assembly, R&D, HR, marketing), SpecialMade
(assembly, hot stamping), Rite-Aid (assembly) Plastics | Printing | Metal Fabrication | Food Processing | Business Services
M&H Plastics (manufacturing), Southeastern Container (manufacturing), Rubbermaid (manufacturing,
distribution), Winchester Tool (machine shop, fabrication)
Niches / Who’s Here?
Targeted Sectors
Succeed Here.
“It’s a great competitive
spirit here...
People have a can-do attitude. Employees are engaged in what we do. I feel very good about our knowledge base.” Dilton “Dee” Gibbs
Plant Manager Kraft Foods
“We’re in close proximity to
our raw material sources...
and we’re able to leverage the incredible knowledge and experience of the area’s business leaders.”GET THERE FROM HERE — Multiple four-lane highways and quick access
to three international airports and three ports, including one inter-modal.
WORKFORCE READY — Workforce pool of 200,000+ with 30,000
ready and available for business services & manufacturing operations, with
established training programs for critical occupations.
BE A CONSISTENT PERFORMER — Frederick Co. is in the top 10%
of all Virginia localities for new job creation & capital investment over the
last decade.
KEEP GOOD COMPANY — Forbes and others score VA &
Frederick Co. among the top states/communities for doing business, confi rmed
by the expansion of multiple Fortune 200 companies.
EXPERIENCE COMMITMENT — On-site visits, quarterly business
forums, and assistance in locating and obtaining workforce training funds.
45 E. Boscawen St. Winchester, VA 22601
(540) 665-0973 | [email protected]
Your Move. Our Commitment.
YesFrederickVA.com
Navy Federal Credit Union became Frederick County’s largest private-sector employer in 2014, eclipsing 1,200 employees.
