The New River Valley is an excellent place to open a new business. It is currently a hub for four main industries: advanced manufacturing, information technology, unmanned systems, and food & beverage processing. These four industries are instrumental to economic stimulation and employment and are all ripe for continued growth and investment.

EXISTING INDUSTRIES

Advanced Manufacturing

The talented and loyal workforce of Virginia’s New River Valley is proud to manufacture using the highest levels of technology and robotics. From Volvo Trucks North America to Korona Candles, manufacturing has many faces in the NRV. Advanced Manufacturing currently provides nearly 12,000 jobs in the region, which is comparatively low cost and home to a dedicated pool of talented employees. With over 45 suitable sites available, the NRV is ready and willing to welcome new manufacturers to lay down roots. READ MORE

Food Processing & Agribusiness

The greatest asset for Food Processing and Agribusiness in the New River Valley is right there in our name: The New River. With over a billion gallons moving through the NRV daily, the second oldest water system in the world is plentiful and reliable. Plus, with the amount of Food Processing and Agribusiness jobs at 18% above the national average, our workforce is skilled and abundant. Our bounty of workforce, water, affordable land, and history of agriculture, makes the NRV a good fit for companies like breweries, farms, and processing plants alike. READ MORE

Information Technology

Virginia’s New River Valley is well-fit for companies in software development, cybersecurity, IT support, digital creative firms, and other sectors in the Information Technology industry. With exceptional education programs out of Virginia Tech and Radford University, the NRV is producing some of the best IT workforce in the country who can flourish here, in a region with such exceptional quality of life standards and a low cost of living. READ MORE

Unmanned Systems

The New River Valley is an ideal location for companies in the Unmanned Systems industry. Not only do UAS sectors overlap with our other highly visible industries, but there are also active growth efforts present here. Virginia Tech’s expanded focus on UAS provides a culture of innovation surrounding the industry and creates unprecedented research opportunities for universities, students, and private companies. READ MORE