A Proven International Business Location: Scandinavian version
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Transcript of A Proven International Business Location: Scandinavian version
scandinaviaHome to more than 60,000 businesses
More than 150 foreign affiliated firms
Fortune 1000 company headquarters 10
More than 20 international festivals each year
More than 1,700 international students from over 115 countries
More than 70 international clubs and organizations
Richmond Region, USAA proven location for international business
scandinavian Owned Firms in richmOnd
More than 150 internationally owned firms have more than 170 facilities in the Richmond Region representing nearly 30 countries. They employ over 18,000 workers and provide a wide range of products and services. There are six Scandinavian companies in the region:
Business clusters
Greater Richmond is home to more than 60,000 businesses, with everything from Fortune 1000 companies to two-person startups. Our strongest business clusters include:
95
295
295
295
64
64
ChesterfieldAirport
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288
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73
Henrico
Richmond
Hanover
Chesterfield
James River
Richmond InternationalAirport
HanoverAirport
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Ai
895
R R
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R R
Port ofRichmond
R R
Average commute time
is only 25 minutes
Richmond Airport is the 2nd most efficient in North America
transpOrtatiOn & inFrastructure
n Richmond is strategically located at the mid-point of the East Coast, less than 160 km (100mi) from Washington, D.C.n Interstates 64, 95, 85 and 295 converge in the arean More than 55% of the nation’s consumers are within 1200 km (750 mi) n Two of the nation’s largest operators, CSX and Norfolk Southern, provide rail freight service and AMTRAK provides passenger rail servicen Richmond International Airport (RIC) provides about 200 daily flights with connecting flights to destinations worldwide. Wash-ington Dulles International Airport (IAD), one of the nation’s largest international airports, is only 190 km (120 mi) from Richmond, with nearly 50 non-stop flights to international destinations n The Port of Richmond is a multi-modal freight and distribution center on the James River. The Richmond region’s shippers also are within 160 km (100 mi) of the Port of Virginia at Hampton Roads, the 3rd largest container port on the U.S. East Coast
UPS & FedEx district hubs are located in the
region
Supply Chain Management
Health & Life Sciences
Advanced Manufacturing
Finance & Insurance
Professional & Creative Services
Food & Beverage
Alfa Laval AB (Sweden) Plate heat exchanger & high purity pump & valve production
Kone Corporation (Finland) Elevator and escalator service and manufacturing
MarkBric AB (Sweden) Portable displays; size marking indicators, labels, rack dividers
Scandinavian Tobacco Group (Denmark) Manufacturing and distribution of premium cigars
Securitas AB (Sweden) Security and related services
Swedish Match AB (Sweden) Chewing and smoking tobacco
cOnnected tO the scandinavian cOmmunity
n Nearly 16,000 people with Scandinavian ancestry live in the Richmond Region
n International partnerships with several Scandinavian universities, including Den-mark’s Copenhagen Business School and Sweden’s Uppsala University (University of Richmond)n The most active organizations in the region include Virginia International Business Council, World Affairs Council of Greater Richmond and the Swedish, Norwegian and Danish Embassies and Consulates in the U.S. (Washington, D.C.)n Local business and cultural resources include Danish Club of Central Virginia, Cen-tral Virginia Soccer Association, International Club, and several European festivals such as Oktoberfest, the French Film Festival and the Italian Festival
richmOnd practical Facts
Population 1,251,049 (45th largest metro area)
Workforce Ages 25-64 653,100
Median Age 38
Time ZoneEast Coast (Richmond, Washington, New York) GMT minus 5 hours
Area 14,807 km² (5,717 sq. mi.)
ClimateModified continentalAvg. Temp. (July) 25.6°CAvg. Temp. (January) 2.1°C
n Richmond Region is highly educated, with 60% of the population 25 and over having some college or bachelor’s degree or higher
n Richmond metro area is a magnet for labor, drawing a workforce from more than 40 localities statewide
n Award-winning public schools are supplemented by a variety of private and parochial schools
n The International Baccalaureate program is available in public and private schools, exposing to students the global context of the 21st century
n The regional Governor’s School for Government and International Studies is available for gifted students
n Twenty-six of Virginia Commonwealth Universi-ty’s graduate and professional programs are among the best of their kind
n University of Richmond ranked No. 4 for international business education and
recognized as the “Hottest School in America” for international studies
n Workforce development courses and services are offered through the Community College Workforce
Alliance
n Special weekend and evening schools offering classes in language and culture
have been created by local international communi-ties
living in richmOnd
n Housing choices in award-winning neighborhoods range from downtown apartments in renovated warehouses to golf course and waterfront communities to farms
n A vibrant arts and cultural community, including over 20 museums and galleries, Richmond Symphony, Richmond Ballet, Virginia Opera, concerts, music festivals, amuse-ment parks and over 130 historic sites
n Nearly 30 golf courses and more than 100 local parks
n One of the nation’s seven top cities for trail runners and Ukrop’s Monument Avenue 10K ranking one of the best in the country
n One of the best urban mountain bike trail systems in the U.S. and location for the 2015 World Championship bicycling event
wOrld class wOrkFOrce and educatiOn system
2nd among “America’s Top 5
Cities To Keep On Your Radar,” - Huffington Post,
Sept. 2014
10th best in the U.S. for overall
small business friendliness
- Thumbtack.com,June 2014
One of the “Top Destinations of 2014” for travel
- Frommer’s,Dec. 2013
Va. Commonwealth University
University of Richmond
Nearly 16,000 regional residents have a Scandinavian ancestry
Our colleges have partnerships with several Scandinavian universities
VC
U C
reat
ive
Serv
ices
Miami
Boston
Richmond
virginia: Best state FOr Businessn More than 37,000 new jobs and $5.6 billion invested by international firms since 2004n More than 700 internationally owned businesses from 45 countries n The state’s 6% corporate income tax rate has not changed since 1972. It is the 6th lowest in the countryn Right-to-work state with moderate wages, low levels of union-ization, and Unemployment and Workers’ Compensation costs among the lowest in the U.S.n Ranks among the top 10 states in labor productivity
metrO richmOnd: center OF cOmmerce Richmond is the capital of Virginia, the center of commerce, government and academic endeavors:n All business support services are available with multilingual staff capabilities, including accounting, financial, and legal service providers with international experiencen Home to 10 Fortune 1000 headquartersn Nearly 30 colleges and universities with nearly 80,000 students and more than 14,000 degrees conferred annuallyn The cost of living is close to the U.S. national average and significantly lower than in larger metro areas such as New York and Los Angelesn Richmond metro area is the nation’s 45th largest economy, among 363 metrosn If Metro Richmond were a country, it would have the world’s 111th largest economy, slightly larger than Croatia’s
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lOOking FOr mOre inFOrmatiOn? scan Our Qr cOdes:
Watch a video about our region’s business community
901 East Byrd Street | Suite 801 | Richmond, Virginia USA 23219 | 804-643-3227 | grpva.com
The Greater Richmond Partnership, Inc., is the regional economic development group representing the City of Richmond and the Counties of Chesterfield, Hanover and Henrico. We offer site location assistance and other services to domestic and foreign companies planning new or expanded facilities.
Fill out the International Contact Form on our website