What Is The Main Industry In Richmond Virginia?

Richmond: Virginia’s Working Capital A powerhouse in the financial, medical, biotechnology, knowledge-based services, manufacturing and transportation industries, the city is an attractive location for new businesses who want to be near top companies in these sectors.

Who is the largest employer in Richmond Virginia?

5 biggest employers in Richmond, VA

  • ? Capital One Financial Corp.
  • ? Bon Secours Richmond.
  • ? VCU Health System.
  • ? HCA Virginia Health System.
  • ? Dominion Energy.

What is Richmond Virginia most known for?

And like other best places to visit in the commonwealth, Richmond boasts some impressive American Revolution sites (like St. John’s Church) and an extensive chronicle of Civil War memorabilia (found in The American Civil War Museum or the Virginia Historical Society).

What are the top 3 industries in Virginia?

Biggest Industries In Virginia

  • Service. The service sector is the biggest industry in the economy of Virginia, which accounts for over 66.67% of the state’s GDP.
  • Technology. Virginia is home to the highest number of technology workers in the country.
  • Agriculture, Forestry, And Fishing.

What is the number 1 industry in Virginia?

Agriculture is Virginia’s largest private industry by far, with nothing else coming a close second. The industry has an economic impact of $70 billion annually and provides more than 334,000 jobs in the Commonwealth.

What businesses are in Richmond VA?

20 Best Biggest Companies To Work For In Richmond, VA

  • Brink’s. Zippia Score 4.3.
  • Car Max Inc. Zippia Score 4.3.
  • CarMax. Zippia Score 4.7.
  • Precision Power Llc. Zippia Score 4.5.
  • James River Group. Zippia Score 4.7.
  • MeadWestvaco. Zippia Score 4.6.
  • Performance Food Group. Zippia Score 4.7.
  • Dominion Energy. Zippia Score 4.9.
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How many Fortune 500 companies are there in Richmond VA?

Altria Group was the top-ranked local company, ranked at No. 162, with $19.6 billion in revenue last year.
Richmond lands 7 on Fortune 500 list.

Company Rank (2018 rank) Revenue
Performance Food Group 176 (171) $17.61 billion
Dominion Energy 238 (233) $13.36 billion
Owens & Minor 317 (318) $9.83 billion
Genworth Financial 360 (348) $8.43 billion

Is Virginia rich or poor?

Today, Virginia is still one of the wealthiest states in the South. Virginia is also one of twenty-two right-to-work states.

What is Virginia’s largest source of revenue?

The two largest sources are the individual income tax and the sales and use tax. Other major revenue sources are corporate income taxes, wills, suits, deeds, and contract fees, and taxes on insurance company premiums. Miscellaneous taxes and other revenues also contribute to the general fund.

What is Virginia’s biggest export?

chemicals
Made-in-America Manufacturing Exports from Virginia and Jobs
The state’s largest manufacturing export category is chemicals, which accounted for $2.6 billion of Virginia’s total goods exports in 2018.

What is Virginia’s main cash crop?

Today, tobacco is still Virginia’s largest cash crop and number 1 export. Add the numbers below to find out how many harvested acres of corn for grain was harvested in Virginia. Below are the top three States in the nation for production of tomatoes.

Is Virginia a good state to work in?

A strong workforce and a solid education system propelled Virginia to its second straight win in CNBC’s state competitiveness rankings.

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Which state in United states has the best economy?

Washington topped the list of best state economies, ranking third on economic activity, seventh on economic health, and second on innovation potential. Utah and California rounded out the top three state economies. At the bottom of the list were Louisiana, Alaska, and West Virginia.

How many Fortune 1000 companies are in Richmond VA?

12 Fortune 1000 companies
Seven Fortune 500 companies and 12 Fortune 1000 companies are based in the Richmond area, including Goochland, Hanover and Henrico counties.

How many Fortune 500 companies are there in Virginia?

VIRGINIA — Fortune magazine has released its annual list of the 500 top companies in America, which represent two-thirds of the country’s gross domestic product, the magazine says. Of those 500 companies, 23 are based in Virginia.

Is Richmond homes a Fortune 500 company?

Richmond lands its usual seven on Fortune 500 – Richmond BizSense.

What is a Fortune 1000 company?

The Fortune 1000 is an annual list of the 1000 largest American companies maintained by the popular magazine Fortune. Fortune ranks the eligible companies by revenue generated from core operations, discounted operations, and consolidated subsidiaries.

Is CarMax a Fortune 500 company?

Company Hiring More Than 1,400 Positions Nationwide
RICHMOND, Virginia (April 12, 2021) – For 17 consecutive years, CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, has been named by FORTUNE magazine as one of its 100 Best Companies to Work For®. CarMax ranks #36 for 2021.

What is the richest town in Virginia?

List of Virginia locations by per capita income

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Rank County or City
1 Arlington County
2 Falls Church City
3 Alexandria City
4 Fairfax County

What’s the poorest city in Virginia?

For the second year in a row, Petersburg ranked as the least healthy locality in Virginia while Falls Church took over first place.

Which is poorest state in USA?

Poverty rates were highest in the states of Mississippi (19.58%), Louisiana (18.65%), New Mexico (18.55%), West Virginia (17.10%), Kentucky (16.61%), and Arkansas (16.08%), and they were lowest in the states of New Hampshire (7.42%), Maryland (9.02%), Utah (9.13%), Hawaii (9.26%), and Minnesota (9.33%).