Prince George County, Virginia Development...Prince George County is centrally located in...

Prince George County, Virginia

VIRGINIA ECONOMICDEVELOPMENT PARTNERSHIP

www.YesVirginia.org

Only a few locations can guarantee the right combination of resources that are crucial to your business’s success. Virginia’s premier locationoffers excellent domestic and international access. Centrally located on the U.S. East Coast, 40 percent of the U.S. population is within a day’sdrive, and our integrated transportation system of highways, railroads, airports and seaports ensures that you can reach every one of yourmarkets efficiently. Close proximity to Washington, D.C. facilitates contact with policy makers and the federal government system.

Virginia continues to rank among America’s leading states for business by CNBC and Forbes.com. Business-first values, easy access tomarkets, stable and competitive operating costs, and a talented workforce all drove Virginia to the top. This unique combination of assets hasencouraged businesses to prosper here for more than 400 years. Like you, they searched the world over for that convergence of resources thatwould help ensure their prosperity. For them, their search ended here. Chances are yours will too.

• AAA bond rating- Virginia has maintained a AAA rating since 1938, longer than any other state.

• Right-to-work law allows individuals the right to work regardless of membership in a labor union or organization.

• Corporate income tax rate of 6% has not been increased since 1972.

• Headquarters to 37 Fortune 1000 firms.

• Headquarters to 52 firms each with annual revenue over $1 billion.

• More than 17,300 high-tech establishments operate in Virginia.

• More than 700 internationally-owned businesses from 45 countries are located in Virginia.

• Ranks third among the 50 states as a recipient of federal R&D funds.

• Streamlined permitting process.

• Recruitment training programs to help new businesses become operational faster.

• Programs at little or no cost to help businesses increase international sales.

Community Profile Prince George County

State Map

VIRGINIA ECONOMIC DEVELOPMENT PARTNERSHIP 1Every reasonable effort has been made to assure the accuracy of this report through the use of standardized, reliable data sources, including the community.However, the Partnership provides this information “as is,” and therefore, assumes no liability arising from the use of this report or data.

Prince George County is centrally located in southeastern Virginia. This 266square mile county is bordered on the north by the James River and the westby the Appomattox River. The cities of Petersburg and Colonial Heightsconstitute the southwest border and Hopewell forms the northeast border.Prince George County is ideally situated on Interstates 95 and 295 andprovides ready access to all major East Coast and Sunbelt markets.

Prince George County is 25 miles southeast of Richmond and 130 miles southof Washington, D.C. The Port of Hampton Roads is 90 miles southeast.

The county is located within the Richmond Metropolitan Statistical Area (MSA).

Prince George County provides idealaccess to all major east coast andsunbelt markets via Interstates 95 and295.


Location


Prince George CountyBusiness is thriving in Prince George! From small entrepreneurial ventures toretail & commercial businesses to large manufacturing & distribution industrialentities, Prince George County is enjoying consistent success in attracting newbusiness & industry as well as encouraging expansion of existing business andindustry.

You Belong in PrinceGeorge...www.princegeorgecountyva.gov

Rolls-Royce Crosspointe, Prince George, VA (2011)


Prince George County


Population

Gender Distribution (2016) Male FemalePrince George County 54.2% 45.8%

Race/Ethnicity (2016)

ClassificationProfile

AreaExtended

Labor Area

White 23,286 744,758

Black 12,308 389,918

Two or More 1,091 30,598

Asian 722 54,935

American Indian or Alaska Native 291 6,463

Pacific Islander 147 1,469

Hispanic (may be of any race) 2,962 50,354

Median Age (2016) 37 years

Civilian Labor Force (2016)Prince George County 15,022

Extended Labor Market Area 629,359

Total 644,381

Labor Force Participation (2011-2015)Prince George County 53.0%

Extended Labor Market Area 65.2%

Unemployment

Unemployment Rate (July 2017)Prince George County 4.4%

Extended Labor Market Area 4.0%

Statewide 3.9%

Unemployed (2016)Prince George County 721


Total 27,053

Underemployed (2nd Quarter 2017)Prince George County 1,969Extended Labor Market Area 82,040

Total 84,009


Labor Market


Commute Time (2011-2015)Worked from home 531 3.4%

Under 15 minutes 4,618 30.6%

15-24 minutes 4,587 30.4%

25-34 minutes 2,927 19.4%

35-44 minutes 966 6.4%

45-59 minutes 1,132 7.5%

Over 60 minutes 875 5.8%

Mean Travel Time to Work (minutes) 24

Fifty-percent of U.S. consumers andmanufacturing establishments are within750 miles of the Richmond MSA.

Additional Labor ResourcesHigh School Graduates Not Continuing (2015-2016) 138

Two-Year College Graduates (Spring 2016) 1,399

Two-Year College Enrollees (Fall 2016) 31,616

Other College and University Graduates (Spring 2016) 10,901

Total 44,054


Labor Market


Career Readiness Certificate (01/01/2016-08/31/2017)Virginia’s Career Readiness Certificate (CRC) assists employers bycertifying that a recipient possesses core skills in applied math, reading forinformation, and locating information. The CRC certification is based onestablished Workeys ® assessment tests. Virginia uses a three-tieredapproach (bronze, silver, gold) to credentialing certificate holders that isbased on the recipient’s level of development skills.

Prince George County 69


Total 1,926

Located in the Richmond MetropolitanStatistical Area (MSA), the region has aworkforce of approximately one millionpeople.

Educational AttainmentOn-Time Graduation Rate (Class of 2016) 88.3%

Percentage of Prince George County population age 25+ who arehigh school graduates (2011-2015) 87.7%

Percentage of Prince George County population age 25+ who haveearned a Bachelor's Degree or higher (2011-2015) 21.3%


Labor Market


Employment by Sector* (1st Qtr. 2017)Agriculture Forestry Fishing and Hunting 8 0.1%

Mining Quarrying and Oil and Gas Extraction 0 0

Utilities 0 0

Construction 537 3.6%

Manufacturing 685 4.6%

Wholesale Trade 569 3.8%

Retail Trade 866 5.8%

Transportation and Warehousing 1,633 11.0%

Information N.D. N.D.

Finance and Insurance 82 0.6%

Real Estate and Rental and Leasing 92 0.6%

Professional Scientific and Technical Services 661 4.5%

Management of Companies and Enterprises N.D. N.D.

Administrative and Support and Waste Management 403 2.7%

Educational Services 289 1.9%

Health Care and Social Assistance 585 3.9%

Arts Entertainment and Recreation 103 0.7%

Accomodation and Food Services 1,205 8.1%

Other Services 420 2.8%

Total Government 6,563 44.2%

Federal Government 4,662 31.4%

State Government 100 0.7%

Local Government 1,801 12.1%

Unclassified 4 0.0%

Total 14,837 100.0%N.D. - Not Disclosed*By Business Establishment

The Ports of Richmond and the Ports ofHampton Roads are all located within 90miles.


Labor Market


Major Employers

ManufacturingCompany Product/Service

Ancos Polymer processing

Hopewell Hardwood Sales, Inc. lumber & sawmill

Marc Bric store display manufacturer

MetL-Span Inc. insulated metal panels

Retro Insulation Mechanical & industrial insulation

Rolls-Royce Crosspointe Aircraft engine components

Service Center Metals Inc. aluminum extrusion

US Merchants packaging

The expansion of the U.S. Army Base atFt. Lee offers numerous businessopportunities in the county.

NonManufacturingCompany Product/Service

Ace Hardware Corp. Distribution/warehousing of hardwarestore goods

Food Lion, Inc. Grocery distribution center

Fort Lee Army Base army logistics

Goya Foods Hispanic fooddistribution/warehousing

LMR (Logistical Management Resources, Inc.) logistics automation

Noland distribution for HVAC, plumbing,electrical supplies

Oakley Logistics Liquid chemical transport

Perdue distribute pre-packaged chicken

Standard Motor Products, Inc. Motor vehicle supplies & parts

Sterling Gelatin Pharmaceutical gelatins distribution


Labor Market

VIRGINIA ECONOMIC DEVELOPMENT PARTNERSHIP 8Every reasonable effort has been made to assure the accuracy of this report through the use ofstandardized, reliable data sources, including the community. However, the Partnership

Closings, Reductions, Layoffs (1/2015 to date)Date Type Company Product/Service Employees Affected

4/18/2015 Reduction Freight Handlers, Inc. Distribution and logistics warehousing 65

Union Activity (4/1/2016 - 9/1/17)Petitions filed for representation 3


Labor Market


Estimated Earnings (May 2016)Occupation Median Wage Mean Wage Median Salary Mean Salary

Laborers and Freight, Stock, and Material Movers, Hand $12.59 $14.32 $26,183.84 $29,800.15

Industrial Truck and Tractor Operators $16.90 $16.77 $35,143.89 $34,884.38

Heavy and Tractor-Trailer Truck Drivers $19.85 $20.94 $41,279.04 $43,559.17

Welders, Cutters, Solderers, and Brazers $21.41 $21.11 $44,549.03 $43,895.81

Team Assemblers $15.62 $16.22 $32,477.36 $33,743.10

First-Line Supervisors of Production and Operating Workers $31.52 $33.80 $65,556.32 $70,303.58

Maintenance and Repair Workers, General $17.98 $18.90 $37,395.25 $39,321.45

Industrial Machinery Mechanics $27.48 $27.36 $57,143.48 $56,895.87

Bus and Truck Mechanics and Diesel Engine Specialists $24.28 $25.45 $50,518.64 $52,938.07

Office Clerks, General $14.72 $15.32 $30,635.88 $31,858.12

Secretaries and Administrative Assistants, Except Legal, Medical,and Executive

$15.77 $17.23 $32,790.38 $35,825.07

Receptionists and Information Clerks $13.89 $14.03 $28,893.89 $29,172.65

Customer Service Representatives $16.28 $16.55 $33,847.22 $34,419.03

Bookkeeping, Accounting, and Auditing Clerks $18.90 $19.70 $39,305.98 $40,973.43

First-Line Supervisors of Office and Administrative Support Workers $26.01 $26.25 $54,097.55 $54,608.09

Telemarketers $10.65 $11.11 $22,161.00 $23,110.00

Accountants and Auditors $35.42 $39.73 $73,678.71 $82,637.01

Management Analysts $38.81 $41.05 $80,717.59 $85,391.14

Human Resources Specialists $30.67 $32.38 $63,799.98 $67,352.08

Purchasing Agents, Except Wholesale, Retail, and Farm Products $35.00 $34.79 $72,799.10 $72,355.22

Per Capita Personal Income (2015)$37,178

Median Family Income (2011-2015)$71,620


Labor Market


Public School Enrollment (Fall 2016)Level Number Enrollment

Elementary 5 3,036

Middle 2 1,974

High School 1 1,436

Student Teacher Ratio (FY 2016)Elementary 14:1

Secondary 13:1

Per Pupil Expenditure (FY 2016)$10,128.00

On-Time Graduation Rate (Class of 2016)88.3%

High School Graduates Continuing Education (2015-2016)67.4%

Advanced Programs (2015-2016)

Governor's SchoolsAppomattox Regional Governor's School for the Arts & Technology

Maggie L. Walker Governor's School for Government & International Studies

Governor's School Enrollment 23

Students taking 1 or more Advanced Placement (AP) Courses 2

Students taking 1 or more AP Exams 2

Students taking 1 or more Dual Enrollment Courses 244

Within an hours drive of the county are13 colleges and universities, includingVirginia Commonwealth University andthe College of William and Mary.


Education


Workforce Development FacilitiesFacility Type

Rowanty Technical Center Career and Technical Center

Virginia Workforce Center - Petersburg Satellite Center

Virginia Workforce Center-Emporia/Greensville Comprehensive Center

Virginia Workforce Center-Tri-Cities Comprehensive Center

Education is a source of pride in that thecounty boasts one of the top publicschool systems in the state.

Higher Education Facilities — Fall 2016Facility Enrollment

Virginia Commonwealth University 31,218

ECPI University - Moorefield Campus 11,735‡

College of William and Mary 8,617

Strayer University - Chesterfield Campus 6,473‡◊

John Tyler Community College - Chester Campus 5,268

J. Sargeant Reynolds Community College - Downtown Campus 4,815

Virginia State University 4,584

Richard Bland College 2,203

Virginia Union University 1,817

Bryant & Stratton College - Richmond Campus 488◊

Virginia College 336◊

Union Presbyterian Seminary 184◊

Chester Career College 154◊

Centura College - Richmond Main Campus 144

Baptist Theological Seminary at Richmond 67

Central Texas College - Fort Lee Campus †

Florida Institute of Technology - Fort Lee Campus †

Central Michigan University - Fort Lee Center †

† Enrollment figures are not available.‡ Enrollment figures are for all campuses.◊ Fall 2015 Enrollment


Education


InterstatesName Distance

I-295 0.0 miles (0.0 km.)

I-95 0.0 miles (0.0 km.)

I-85 1.9 miles (3.1 km.)

I-64 12.3 miles (19.8 km.)

I-195 18.5 miles (29.8 km.)

I-664 35.1 miles (56.5 km.)

I-564 42.3 miles (68.0 km.)

I-264 44.8 miles (72.1 km.)

Note: Measured from border of locality/region.

HighwaysHighway 10 Highway 106 Highway 144 Highway 156 Highway 301

Highway 35 Highway 36 Highway 460

The county offers excellent interstateaccess via Interstates 64, 85,95 and295.

Commercial Air ServiceRichmond International Airport, Sandston -- 32.0 miles (51.5 km.)

American Airlines Delta Air Lines Southwest Airlines

United Airlines JetBlue Airways Allegiant Air

OneJet

Note: Within a 75-mile drive of the center of the locality.


Transportation


General Aviation ServiceName Runway Length

Dinwiddie County Airport, Dinwiddie County 5,002 ft (1,525 m)

Freight Rail ServiceCSX Transportation

Norfolk Southern Railway Company

SeaportsName Distance

Port of Virginia (Richmond Marine Terminal) 31.0 miles (49.9 km)

Port of Virginia (Virginia InternationalGateway)

73.0 miles (117.5 km)

Port of Virginia (Norfolk InternationalTerminals)

84.0 miles (135.2 km)

Port of Virginia (Portsmouth Marine Terminal) 85.0 miles (136.8 km)

Port of Virginia (Newport News MarineTerminals)

88.0 miles (141.6 km)

Note: Driving distance from the center of the locality to Port of Virginia and any otherseaports within 100 miles.

Other Ports of EntryName Distance

Richmond-Petersburg 32.0 miles (51.5 km)

Norfolk 82.8 miles (133.2 km)

Newport News 84.4 miles (135.9 km)

Port of Washington - Dulles 145.8 miles (234.6 km)

Note: Driving distance from the center of the locality to Port of Washington - Dullesand any other port of entry within 100 miles.

John Tyler Community College providesworkforce training for the entire region.


Transportation


UtilitiesElectric Dominion Energy

Electric Prince George Electric Cooperative

Natural Gas Columbia Gas of Virginia

Telecommunications Verizon South

Telecommunications Verizon-Virginia

Telecommunications Comcast Business Communications

Water City of Petersburg

Water Prince George County

Waste Water Treatment City of Petersburg

Waste Water Treatment Hopewell Regional Wastewater Treatment Facility

Waste Water Treatment Petersburg Regional Treatment Plant

Waste Water Treatment Prince George County

Waste Water Treatment South Central Wastewater Authority

Waste Water Treatment Southside Regional Wastewater Authority

Solid Waste Disposal Prince George County

Dominion Virginia Power, one of thenation's largest power producers, andPrince George Electric cooperativeprovide electricity to the county.


Utilities


Financial Institutions — 4th Qtr 2016 AssetsBank Assets (millions)

Branch Banking and Trust Company $214,433.0

SunTrust Bank $200,557.6

The Bank of Southside Virginia $562.4

Bank of McKenney $222.8

The region has several local, regionaland national banking institutions thatservice the area.

Taxes

Localities in Virginia collect a 1% sales tax. They do not tax other items taxedat the State level.

Counties and cities in Virginia are separate taxing entities. Therefore, acompany pays taxes to either a county or to a city.

If a company is located in a town, it pays town and county taxes except forutility taxes which are paid only to the town and the license tax which is paidonly to the town unless town law permits the additional collection of a countytax.

Manufacturers pay real estate, machinery and tools, truck and automobile,utility, and sales taxes.

Nonmanufacturers pay real estate, tangible personal property, truck andautomobile, utility, and sales taxes. They also may pay either a merchants'capital or a license tax.

Manufacturer's Tax Profile (Prince George) pdfNon-Manufacturer's Tax Profile (Prince George) pdf


Government and Taxes


http://virginiascan.yesvirginia.org/LocalTaxesReport.aspx?Type=mfg&ID=51149

http://virginiascan.yesvirginia.org/LocalTaxesReport.aspx?Type=nonmfg&ID=51149

Abundant medical facilities are available to Prince George County residentsthroughout the metropolitan area. Southside Regional Medical Center inPetersburg, a 311-bed acute care facility, offers extensive facilities andservices that include 24-hour emergency care; intensive and coronary care;physical rehabilitation; and a school of nursing. John Randolph Hospital inHopewell with 150 beds also offers a full range of services. The VirginiaCommonwealth University Medical Centeris located in the city of Richmond.This internationally known teaching and research hospital offers the latesttechnology, services and facilities. Numerous other medical facilities andservices are available throughout the Richmond-Petersburg metropolitan area.

The public health center provides extensive county-wide medical servicesincluding immunizations, obstetrics, well baby clinics, and home health care.John Randolph Hospital, in Hopewell, operates a 124-bed nursing homefacility. An additional 23 nursing care facilities are located throughout themetropolitan area.

There are over 2,000 physicians and 500 dentists who practice in theRichmond-Petersburg metropolitan area. In the immediate area of PrinceGeorge County, Hopewell and Petersburg, there are approximately 150physicians and 70 dentists.

The mountains and Atlantic Ocean areboth within a 90-mile drive of PrinceGeorge County.


Community Facilities


(continued)

Prince George County is a member of the Appomattox Regional LibrarySystem. This library system circulates over 119,000 volumes. Four branchesof this library are located in the county. Library facilities at the numerouscolleges and universities located in the Richmond-Petersburg metropolitanarea are also open to the public. These systems include the 64,105 volumelibrary at Richard Bland College; John Tyler Community College with a 75,472volume collection; and Virginia State University with 768,818 volumes.

Over 40 places of worship representing the leading Protestant denominations,the Catholic Church and Jewish synagogues are located in the county andHopewell.

The County provides recreational facilities in conjunction with public schoolsites and residential subdivisions, accessible from all parts of the County.All-season youth and adult sports, physical fitness programs, family trips &activities, special interest classes and youth support day camp programs areoffered by the PG Department of Recreation & Parks. Four parks in theCounty, Scott Memorial Park, Temple Recreation Park, Appomattox RiverRegional Park, and JEJ Moore Athletic Complex, are open to residents fromdawn to dusk.

Numerous shopping opportunities are available to area residents. A broad mixof commercial establishments are located in Prince George County at severalshopping centers. As part of the Richmond-Petersburg metropolitan area,county residents enjoy easy access to more than 75 shopping centers andmalls located throughout the region.

The new, state-of-the-art SouthsideRegional Medical Center opened in2008.


Community Facilities


Prince George County and the metropolitan area offer a variety of historical,cultural and recreational opportunities. For the Civil War enthusiast there is thePetersburg National Battlefield Park, Pamplin Park, the Siege Museum, theMuseum of the Confederacy, the US Quartermaster Museum (Fort Lee) andthe US Army Women's Museum (Fort Lee) and the Richmond NationalBattlefield Park. Other historical sites in the area include six James RiverPlantations, homes of presidents and historical notables.

Cultural attractions in the area include the Virginia Museum of Fine Arts, whichdisplays an extensive collection of world art; the Science Museum of Virginia,which features a computer center, Imax/Omnimax space theater andnumerous permanent and traveling exhibitions; and the Valentine Museum,where decorative arts and exhibitions on the social and political history of thearea are displayed. Other cultural activities include theatrical performances byten area production companies and scheduled national touring productions;musical performances by the Virginia Opera and the Petersburg andRichmond Symphonies; and performances by the Richmond Ballet and theConcert Ballet of Virginia.

Recreational opportunities are also plentiful in the Prince George County area.The James and Appomattox Rivers offer fishing, boating, and water skiingactivities. Several marinas are located on the Appomattox River. PocahontasState Park in nearby Chesterfield County offers hiking, ball fields, picnicfacilities, and three lakes for swimming, boating, and fishing. Prince GeorgeCounty also has two county owned and operated parks which offer walkingtrails, ball fields, tennis courts, and picnic facilities. During the hunting season,Prince George forests yield many deer, turkey and small game.

The MSA is home to many historicalsites including the Petersburg NationalBattlefield, a key Civil War landmark.


Lifestyle


(continued)

Public recreational facilities in the county include two 18-hole golf courses, fiveswimming pools, seven tennis courts and six ball fields. A private country clubin the area also offers an 18-hole golf courses, swimming, tennis, and diningfacilities.

Outdoor recreational activities aboundincluding Minor League Baseball,NASCAR and two theme parks.

Richmond MSA ProfileVirginia’s Gateway Region ProfileVirginia's Gateway RegionPrince George County


Lifestyle


http://virginiascan.yesvirginia.org/communityprofiles/createPDF.aspx?id=153

http://virginiascan.yesvirginia.org/communityprofiles/createPDF.aspx?id=235

http://www.gatewayregion.com/

http://www.yesprincegeorge.com/

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