Hampton Roads MSA Description

Community ProfileVA Beach-Norfolk-Newport News MSA, Virginia

VIRGINIA ECONOMIC DEVELOPMENT PARTNERSHIP

www.YesVirginia.org

VA Beach-Norfolk-Newport News MSA

Hampton Roads (VirginiaBeach-Norfolk-Newport News MSA): TheHeart of the Mid-Atlantic

Fifteen individual jurisdictions make up Hampton Roads, the 2nd bestperforming metro economy in the nation during the recession according to TheBrookings Institution. With a civilian labor force of nearly 800,000 and 14,000individuals graduating from Hampton Roads’ 8 universities and 4 communitycolleges annually, the area’s skilled workforce stands out. Four Fortune 500companies are headquartered in Hampton Roads because they know that theregion’s economy is as strong as it is stable due to the low business costs,attractive labor supply and superior economic climate that businesses enjoy.For many businesses it is critical to be conveniently located near customers,suppliers, distributors, employees and vendors. Over 60 percent of thepopulation of the U.S. is within 750 miles of Hampton Roads and the region’sconvenient and accessible transportation infrastructure provides multipleoptions for moving goods between national and international markets.

The Downtown Norfolk Skyline

Community Profile VA Beach-Norfolk-Newport News MSA

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

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Location

The Virginia Beach-Norfolk-NewportNews MSA's strategic, mid-Atlanticlocation and superior transportationnetwork provide swift access to worldand domestic markets.

The Virginia Beach-Norfolk-Newport News Metropolitan Statistical Area (MSA)is situated in the southeastern corner of Virginia. The MSA centers onHampton Roads, the world's largest natural deepwater harbor. Nine cities andsix counties comprise the metropolitan area. A totally integrated transportationnetwork of interstate highways, air, rail, and sea services provide excellentaccess between the communities of this MSA and the markets of the world.

The Virginia Beach-Norfolk-Newport News MSA is 200 miles south ofWashington, D.C. and 100 miles south of Richmond, the state capital ofVirginia.



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Labor Market Data

Population

Gender Distribution (2009) Male FemaleVA Beach-Norfolk-Newport News MSA 48.8% 51.2%

Race/Ethnicity (2009)Classification Profile Area

White 1,017,281

Black 532,402

Asian 53,239

Two or More 37,036

American Indian or Alaska Native 8,123

Pacific Islander 2,201

Hispanic (may be of any race) 74,915

Median Age (2009)Chesapeake 36 years

Gloucester 41 years

Hampton 34 years

Isle of Wight 42 years

James City 44 years

Mathews 49 years

Newport News 32 years

Norfolk 30 years

Poquoson 43 years

Portsmouth 33 years

Suffolk 37 years

Surry 45 years

Virginia Beach 35 years

Williamsburg 22 years

York 40 years



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Labor Market Data

As a result of the large military presencein the region, the MSA has a skilled poolof potential workers that few othermetropolitan areas have to offer.

Civilian Labor Force 2010VA Beach-Norfolk-Newport News MSA 813,149

Labor Force Participation 2000 CensusVA Beach-Norfolk-Newport News MSA 67.9%

Unemployment

Unemployment Rate (March 2011)VA Beach-Norfolk-Newport News MSA 7.0%

Statewide 6.3%

Unemployed (2010)VA Beach-Norfolk-Newport News MSA 60,115

Underemployed (1st Quarter 2011)VA Beach-Norfolk-Newport News MSA 73,226



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Labor Market Data

As the U.S. economy continues to turnto globalization, the MSA is rapidlybecoming a favored location forinternational companies.

Commuting Patterns -- 2000 CensusLive and work in VA Beach-Norfolk-Newport NewsMSA:

729,423 93.2%

Total In-Commuters: 27,456 3.5%

Total Out-Commuters: 25,522 3.3%

Net In-Commuters: 1,934

In-Commuters From:

Currituck Co. NC 3,318 12.1%

Southampton Co. VA 2,188 8.0%

Gates Co. NC 1,542 5.6%

Pasquotank Co. NC 1,252 4.6%

New Kent Co. VA 1,173 4.3%

Out-Commuters To:

AT SEA 2,706 10.6%

Richmond City VA 1,882 7.4%

Henrico Co. VA 1,125 4.4%

Chesterfield Co. VA 848 3.3%

Franklin City VA 759 3.0%

Commute Time -- 2000 CensusWorked from home 20,249 2.7%

Under 15 minutes 191,123 26.0%

15-29 minutes 316,764 43.1%

30-59 minutes 191,356 26.0%

Over 60 minutes 35,453 4.8%

Additional Labor ResourcesHigh School Graduates Not Continuing (2009-2010) 2,822

Two-Year College Graduates (Spring 2010) 5,138

Two-Year College Enrollees (Fall 2010) 60,110

Other College and University Graduates (Spring 2010) 11,197

Total 79,267



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Labor Market Data

As a result of the large military presencein the region, the MSA has a skilled poolof potential workers that few othermetropolitan areas have to offer.

Career Readiness Certificate (CRC)Regional CRC Recipients (01/01/2010-10/19/2010) 139

Virginia's CRC assists employers by certifying that a recipient possessescore skills in applied math, reading for information, and locating information.The CRC certification is based on established Workeys ® assessmenttests. Virginia uses a three-tiered approach (bronze, silver, gold) tocredentialing certificate holders that is based on the recipients level ofdevelopment skills. (Numbers are regional, based on workforce investmentarea.)

Educational AttainmentOn-Time Graduation Rate (Class of 2010) 82.0%

Percentage of VA Beach-Norfolk-Newport News MSA populationage 25+ who are high school graduates

84.7%

Percentage of VA Beach-Norfolk-Newport News MSA populationage 25+ who have earned a Bachelor's Degree or higher

23.9%



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Labor Market Data

The region's tourism industry createsover 10,000 seasonal jobs duringsummer months. This group provides anadditional source of workers tocompanies with personnel needs thatpeak at other times of the year.

Employment by Sector* (3rd Qtr. 2010)Natural Resources and Mining 1,000 0.1%

Construction 35,794 5.1%

Trade 101,056 14.4%

Transportation and Utilities 22,490 3.2%

Manufacturing 51,561 7.3%

Information 12,156 1.7%

Financial 34,455 4.9%

Services 293,835 41.9%

Government 149,300 21.3%

Other 5 0.0%

Total 701,652 100.0%N.D. - Not Disclosed*By Business Establishment

Employment by Occupation* (3rd Qtr. 2010)Construction, Extraction & Maintenance 61,246 9.8%

Farming, Fishing & Forestry 980 0.2%

Managerial, Professional & Related 171,056 27.3%

Production, Transportation & Material Moving 78,164 12.5%

Sales & Office 172,925 27.6%

Service 142,548 22.7%

Total 626,919 100%*By Business Establishment



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Labor Market Data

The population of the Virginia portion ofthe VA Beach-Norfolk-Newport NewsMSA is 1.6 million - the fifth largestmetro area in the Southeast U.S., andthe largest between Washington, DCand Atlanta.

Major Employers

Manufacturing

Company Product/ServiceEstimated

Employment

Canon VA, Inc. Copiers & laser printers 600 - 999

Earl Industries LLC Ship repair 600 - 999

Gwaltney of Smithfield, Ltd. Meat processing &packaging

1,500 - 2,499

Huntington Ingalls Industries Inc. Ship building and repair 10,000+

Smithfield Foods Inc. Processed meat products 1,500 - 2,499

Stihl, Inc. Power tools 1,500 - 2,499

NonManufacturing

Company Product/ServiceEstimated

Employment

APAC Services (for United ParcelService)

Teleservices 1,000 - 1,499

Army and Air Force Exchange Service(Dan Daniels Distribution Center)

Distribution center 1,000 - 1,499

Bank of America Financial services 1,500 - 2,499

Bon Secours Health services 1,500 - 2,499

Busch Gardens Amusement park 1,500 - 2,499

CVN Distribution Co., Inc. (QVC) Shopping networkdistribution center

600 - 999

Naval Medical Center Portsmouth Health care 5,000 - 9,999

Norfolk Naval Shipyard Federal government 5,000 - 9,999

Old Dominion University Higher education 2,500 - 4,999

Riverside Regional Medical Center Health care 2,500 - 4,999

Sentara Healthcare Healthcare 10,000+

The College of William and Mary Higher education 1,500 - 2,499



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Labor Market Data

Closings, Reductions, Layoffs (1/2010 to date)Date Type Company Product/Service Employees Affected

2/1/2010 Closing U.S. Foodservice Inc. Distribution center, food service 206

3/1/2010 Closing West Corporation Call center; in-bound sales 450

5/1/2010 Closing Advanced Services, Inc. Call center 185

6/1/2010 Reduction Northrop Grumman TechnicalServices

Provides base operations and infrastructure support, training andsimulation

173

9/1/2010 Closing Western Refining Inc. Oil refinery 330

10/1/2010 Closing Shorewood Packaging Corp. Printed paperboard cartons 35

10/1/2010 Reduction Raytheon Company Information technology services for NASA 82

12/1/2010 Closing Verizon Wireless Call center 450

12/1/2010 Reduction CooperVision Contact lenses 570

12/1/2010 Reduction NCO Financial Systems, Inc. Provides customer service/collections services 368



164

12/1/2010 Reduction Richmond Cold Storage Company,LLC

Refrigerated warehousing and storage 108



148

3/1/2011 Reduction Smithfield Packing Company Smoked hams & fatback 53


Technical support at the U.S. Joint Forces Command 293

8/1/2011 Closing Lillian Vernon Corp. Subsidiary HQ; catalog & online retailer; distribution center 200

Union Activity (1/2005 - 12/2010)Petitions filed for representation 28

Petitions filed for decertification 2

Petitions filed for raid 1

Elections won by union 10

Elections won by company 9



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Labor Market Data

Estimated Earnings (May 2009)Occupation Median Wage Mean Wage Median Salary Mean Salary

Laborers and freight, stock, and material movers, hand $9.95 $10.63 $20,710.72 $22,109.24

Truck drivers, heavy and tractor-trailer $15.66 $16.72 $32,572.02 $34,775.68

Maintenance and repair workers, general $15.09 $15.68 $31,384.03 $32,609.87

Construction laborers $11.11 $11.51 $23,096.11 $23,945.56

Office clerks, general $12.25 $12.63 $25,485.25 $26,277.17

Stock clerks and order fillers $9.95 $10.89 $20,691.89 $22,648.68

Receptionists and information clerks $10.76 $10.90 $22,377.89 $22,675.24

Customer service representatives $13.18 $13.90 $27,411.39 $28,900.18

Bookkeeping, accounting, and auditing clerks $15.55 $15.96 $32,339.63 $33,197.96

First-line supervisors/managers of office & admin support workers $21.46 $23.16 $44,624.99 $48,189.11

Sales reps, wholesale & manufacturing, ex technical & scientificproducts

$22.62 $27.56 $47,056.95 $57,329.78

Security guards $10.08 $11.81 $20,972.36 $24,570.05

Nursing aides, orderlies, and attendants $10.34 $10.36 $21,514.42 $21,545.16

Home health aides $8.93 $9.03 $18,571.51 $18,776.44

Teacher assistants $10.81 $10.74 $22,502.95 $22,340.93

Teachers and instructors, all other $11.66 $17.22 $24,253.43 $35,810.50

Secondary school teachers, except special and vocational education $23.38 $24.61 $48,646.33 $51,193.60

Elementary school teachers, except special education $23.63 $24.73 $49,167.27 $51,456.12

Accountants and auditors $26.33 $29.08 $54,765.61 $60,484.31

General and operations managers $50.07 $57.01 $104,139.70 $118,592.30

Per Capita Personal Income (2009)$39,518

Median Family Income (FY 2010)$68,208



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Education

The Virginia Beach-Norfolk-NewportNews MSA ranks second in Top MajorMarket in the South. Southern Business& Development magazine, April 2008.

Public School Enrollment (Fall 2010)Level Number Enrollment

Preschool 10 2,624

Elementary 220 120,765

Combined 4 3,543

Middle 68 57,238

High School 52 81,048

Student Teacher Ratio (2009-10)Elementary 12:1

Secondary 12:1

Per Pupil Expenditure (FY 2010)$10,686.57

On-Time Graduation Rate (Class of 2010)82.0%

High School Graduates Continuing Education (2009-2010)85.8%

Advanced Programs (2008-2009)

Governor's Career and Technical AcademiesFostering Innovation and Relevance Through STEM and Trades (FIRST)

The Governor's Academy for Innovation, Technology and Engineering (GAITE)

Governor's School Enrollment 142

Senior International Baccalaureate (IB) Enrollment 287

Seniors Awarded IB Diplomas 160

Students taking 1 or more Advanced Placement (AP) Courses 13,999

Students taking 1 or more AP Exams 12,901

Students taking 1 or more college courses 2,288



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Education

The region serves over 315,000students through 359 schools, including52 high schools, 71 middle schools, 225elementary schools, and 11 preschools.

Workforce Development FacilitiesFacility Type

Advanced Technology Center Career and Technical Center

Chesapeake Center for Science & Technology Career and Technical Center

Chesapeake Workforce Center VEC Workforce Center

Eastern Shore Workforce Center VEC Workforce Center

Emporia Workforce Center VEC Workforce Center

Fort Eustis Workforce Center VEC Workforce Center

Fort Lee Workforce Center VEC Workforce Center

Fredericksburg Workforce Center Comprehensive Center

Job Assistance Center Comprehensive Center

New Horizons Regional Education Center-ButlerFarm

Career and Technical Center

New Horizons Regional Education Center-Kiln Creek Career and Technical Center

New Horizons Regional Education Center-WoodsideLane

Career and Technical Center

Norfolk Navy Base Workforce Center VEC Workforce Center

Norfolk Technical Center Career and Technical Center

Norfolk Workforce Center VEC Workforce Center

Opportunity, Inc. One Stop Workforce Center Comprehensive Center

Peninsula Workforce Development Center VEC Workforce Center

Pruden Center for Industry & Technology Career and Technical Center

Reemploy Virginia - Fredericksburg Reemployment Center

Reemploy Virginia - Portsmouth Reemployment Center

Reemploy Virginia - Tri Cities Reemployment Center

Reemploy Virginia - Warsaw Reemployment Center

Suffolk Workforce Center VEC Workforce Center

Tidewater Tech Trades Vocational School Career and Technical Center

Tri-Cities Workforce Center VEC Workforce Center

Virginia Employment Commission-PeninsulaWorklink: Newport News

Satellite Center

Virginia Workforce Center - Petersburg Satellite Center

Warsaw Workforce Center VEC Workforce Center

Williamsburg Workforce Center VEC Workforce Center

Workforce Development Center - Paul D. CampCommunity College

Satellite Center



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Education

Over 93,000 students attend the MSA'seight universities and four communitycolleges. Most of them are permanentresidents, available for full-time orpart-time employment.

Higher Education Facilities — Fall 2010Facility Enrollment

Old Dominion University 24,466

Tidewater Community College - Virginia Beach 15,760

Thomas Nelson Community College - Hampton Campus 9,878

Tidewater Community College - Chesapeake Campus 9,026

Tidewater Community College - Norfolk Campus 8,385

College of William and Mary 8,000

Tidewater Community College - Portsmouth Campus 7,408

Norfolk State University 6,964

Virginia State University 5,634

Hampton University 5,254

Christopher Newport University 4,916

Thomas Nelson Community College - Historic Triangle Campus 2,235

Rappahannock Community College - Glenns Campus 2,209

Paul D. Camp Community College - Hobbs Suffolk Campus 1,036

Paul D. Camp Community College - Franklin Campus 984

Eastern Virginia Medical School 904

Old Dominion University - Peninsula Higher Education Center *

Old Dominion University - Tri Cities Higher Education Center *

Old Dominion University - Virginia Beach Higher Education Center *

Paul D. Camp Community College - Smithfield Campus †

George Washington University - Advanced Technology Center †

George Washington University - Hampton Roads Center †

Atlantic University †

* Enrollment figures are included in participating colleges and universities.† Enrollment figures are not available.



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Education

At the elementary and secondary levels,area public and private schools offersolid preparation for the workforce. Anaverage of 79 percent of area highschool graduates elect to continue theireducation at two-year or four-yearinstitutions of higher learning, or throughone of the region's many vocationalprograms.

Higher Education Facilities — Fall 2010Facility Enrollment

Regent University - Virginia Beach Campus 5,477

Richard Bland College 1,587

Virginia Wesleyan College 1,287

Centura College - Norfolk Campus 413

Tidewater Tech Trades 413

Centura College - Newport News Campus 365

Centura College - Virginia Beach Campus 208

Centura College - Chesapeake Campus 203

Strayer University - Chesapeake Campus †

Strayer University - Newport News Campus †

Strayer University - Virginia Beach Campus †

Bryant & Stratton College - Hampton Campus †

Bryant & Stratton College - Virginia Beach Campus †

ECPI College of Technology - Newport News Campus †

ECPI College of Technology - Virginia Beach Campus †

ITT Technical Institute - Norfolk Campus †

National College - Bristol Campus †

† Enrollment figures are not available.



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Transportation

Located well within a 30-minutecommute of most business andresidential areas in the region, NorfolkInternational and Newport News /Williamsburg Airports provide air serviceto approximately four million passengersannually. Nine major airlines and sixregional commuter airlines provide over200 flights per day to 25 airports ofwhich 17 are major hubs andinternational gateways.

InterstatesName Distance

I-264 0.0 miles (0.0 km.)

I-464 0.0 miles (0.0 km.)

I-564 0.0 miles (0.0 km.)

I-64 0.0 miles (0.0 km.)

I-664 0.0 miles (0.0 km.)

I-295 10.4 miles (16.7 km.)

I-95 11.1 miles (17.9 km.)

I-85 14.8 miles (23.8 km.)

Note: Measured from border of locality/region.

HighwaysHighway 10 Highway 105 Highway 125 Highway 13 Highway 132

Highway 134 Highway 135 Highway 14 Highway 141 Highway 143











Highway 460 Highway 5 Highway 58 Highway 60

Note: 4-Lane US Highways located within locality/region.

Commercial Air ServiceNorfolk International Airport, Norfolk -- 4.4 miles (7.1 km.)

American Airlines American Eagle Continental Airlines

Continental Express Delta Air Lines Southwest Airlines

United Express US Airways US Airways Express



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Transportation

This MSA is located in southeasternVirginia, which is the northernmostRight-to-Work state on the East Coast.

Commercial Air ServiceNewport News-Williamsburg International Airport, Newport News -- 4.8 miles (7.7 km.)

AirTran Airways Delta Air Lines Delta Connection

Frontier Airlines US Airways Express

Richmond International Airport, Sandston -- 43.2 miles (69.6 km.)

Air Canada AirTran Airways American Airlines

Continental Airlines Delta Air Lines United Airlines

US Airways JetBlue Airways

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



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Transportation

Over 95 percent of the world's shippinglines call on the Port of Virginia, linkingVirginia and the U.S. to more than 250ports in over 100 countries.

General Aviation ServiceName Runway Length

Chesapeake Regional Airport, Chesapeake 5,500 ft (1,676 m)

Franklin Municipal Airport, Franklin 4,975 ft (1,516 m)

Hampton Roads ExecutiveAirport, Portsmouth

4,000 ft (1,219 m)

Suffolk Executive Airport, Suffolk 5,000 ft (1,524 m)

Williamsburg-Jamestown Airport, Williamsburg 3,204 ft (977 m)

Freight Rail ServiceCSX Transportation

Eastern Shore RR

Norfolk Portsmouth Beltline RR

Norfolk Southern Railway Company

SeaportsName Distance

APM Terminal - Portsmouth 4.0 miles (6.4 km)

Port of Virginia (Norfolk InternationalTerminals)

4.0 miles (6.4 km)

Port of Virginia (Portsmouth Marine Terminal) 5.0 miles (8.0 km)

Port of Virginia (Newport News MarineTerminals)

10.0 miles (16.1 km)

Port of Richmond 49.0 miles (78.9 km)

Note: Driving distance from the center of the locality/region to Port of Virginia and anyother seaports within 100 miles.

Other Ports of EntryName Distance

Norfolk 4.4 miles (7.1 km)

Newport News 4.8 miles (7.7 km)

Richmond-Petersburg 43.2 miles (69.6 km)

Port of Washington - Dulles 157.7 miles (253.8 km)

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



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Utilities

Electric

City of Franklin Community Electric Cooperative

Dominion Virginia Power Prince George Electric Cooperative

Natural Gas

Columbia Gas of Virginia Virginia Natural Gas

Washington Gas Company

Telecommunications

Cox Communications Cavalier Telephone Company

Verizon South Verizon-Virginia

Water

City of Chesapeake City of Franklin

City of Norfolk City of Portsmouth

City of Suffolk James City County Service Authority

Newport News Waterworks Tidewater Community College

York County Gloucester County

Isle of Wight County Surry County

City of Virginia Beach City of Williamsburg

Waste Water Treatment

City of Chesapeake City of Franklin

City of Norfolk City of Suffolk

Hampton Roads Sanitation District Isle of Wight County

James City County Service Authority Town of Smithfield

Surry County Mathews Courthouse Sanitary District

Solid Waste Disposal

Atlantic Waste Disposal City of Virginia Beach Sanitary Landfill

Hampton City Landfill Hampton/NASA Steam Generation Facility

James City County Transfer Station Mathews County Transfer Station

Middle Peninsula Landfill & Recycling Center Portsmouth Sanitary Landfill

Southeastern Public Service Authority Southeastern Public Service Authority Regional Landfill

Virginia Peninsulas Public Service Authority Virginia Peninsulas Public Service Authority Regional Landfill

Surry County USA Waste

York County Sanitary Landfill



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Financial Institutions

Residents enjoy reliable power fromDominion Virginia Power, one ofAmerica's leading producers andtransporters of energy.

Financial Institutions — 4th Qtr 2010 Assets

BankAssests

(millions)

Bank of America, N.A. $1,482,278.3

Wells Fargo Bank, N.A. $1,102,278.0

Branch Banking and Trust Company $150,828.5

RBC Bank (USA) $27,597.0

Fulton Bank $8,800.7

TowneBank $3,877.0

Union First Market Bank $3,804.1

WoodForest National Bank $3,217.8

Bank of Hampton Roads $2,579.4

Armed Forces Bank, N.A. $2,008.8

EVB $1,119.2

Bank of the Commonwealth $1,112.7

The Middleburg Bank $1,098.0

Citizens & Farmers Bank $900.5

The Old Point National Bank of Phoebus $882.4

Monarch Bank $826.1

Chesapeake Bank $603.0

Community Bank $529.6

The Bank of Southside Virginia $503.6

Farmers Bank $455.2

Virginia Commonwealth Bank $321.8

Heritage Bank & Trust $264.2

Xenith Bank $251.2

Colonial Virginia Bank $121.3

Virginia Company Bank $116.9

Bank @ LANTEC $103.4

Consolidated Bank & Trust Co. $76.6

Citizens National Bank $49.4



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Mild, four-seasons climate – for a fullworking year, rarely encumbered byweather.

Government

The city of Virginia Beach has a City Manager and an eleven-member CityCouncil. The city of Chesapeake has a City Manager and a nine-member CityCouncil. The cities of Hampton, Newport News, Norfolk, Poquoson,Portsmouth, and Suffolk have a City Manager and a seven-member CityCouncil. The city of Williamsburg has a City Manager and a five-member CityCouncil. The county of Gloucester has a County Administrator and aseven-member Board of Supervisors. The counties of James City, Surry andYork have a County Administrator and a five-member Board of Supervisors.

All communities have adopted comprehensive plans and have zoning andsubdivision ordinances.

Gloucester is the county seat of Gloucester County. There are no otherincorporated towns within the county. Williamsburg serves as the county seatfor James City County. There are no incorporated towns within the county.Yorktown is the county seat of York County. There are no other incorporatedtowns in the county. Surry is the county seat of Surry County. Claremont andDendron are other incorporated towns within the county.



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The Virginia Beach-Norfolk-NewportNews MSA can be described as an areathat has something to offer for everyone:a strategic location with a welldeveloped transportation infrastructure,internationalism, unmatched lifestyle, anexcellent education system, and skilledworkforce.

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.



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Residents of the VirginiaBeach-Norfolk-Newport News MSA areserved by 21 hospitals with over 5,836beds.

Community Facilities

Residents of the Virginia Beach-Norfolk-Newport News MSA are served by 21hospitals with over 5,836 beds. The 576-bed Riverside Medical Center inNewport News offers a full range of services including a nuclear medicine unit,comprehensive heart program, cancer treatment center, neurosurgery, andpediatrics. Sentara Norfolk General has been designated as the tertiary carefacility and regional referral center for the Hampton Roads area. The EasternVirginia Medical School in Norfolk is affiliated with more than 30 area hospitalsand clinics. This internationally known medical school is the acknowledgedleader in invitro fertilization and embryo transfer in the United States.

Seventy-three nursing homes offer extended care to the elderly in the area.

The area is served by more than 2,425 physicians and 588 dentists.

More than 1,230 places of worship are located in the MSA. Most Protestantdenominations are represented along with the Roman Catholic, Jewish,Muslim and Greek Orthodox faiths.

The local public library systems operate 43 branches containing over3,900,000 volumes. Area colleges and universities open their library facilitiesto the public. These include libraries at The College of William and Mary inWilliamsburg with over 1,276,000 volumes, Christopher Newport University inNewport News with 398,000 volumes, Hampton University with nearly 400,000volumes, Virginia State University with a 768,818 volumes and Old DominionUniversity with 1,400,246 volumes. NASA's Langley Research Center Librarywith more than 2,100,000 volumes also permits area residents to borrowbooks through an interlibrary loan system.



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The area is one of America's mostpopular vacation spots and boastssomething for everyone. It hasexpansive shorelines, both beach andriverfront, numerous museums, opera,festivals, sports organizations, shoppingmalls, historic cities and towns,amusement parks, and state andnational parks.

Community Facilities (continued)

Residents enjoy an exceptional assortment of shopping opportunities in theregion. The historic area of Williamsburg offers the shopper a rare blend ofantique, specialty, and craft shops combined with entertainment activities in arestored 18th-century setting. There are ten regional malls. The foremostshopping facility in the area is the 1,000,000-square foot MacArthur CenterMall. Located in Downtown Norfolk. This world-class mall features Nordstrom,Dillards, and Pottery Barn, as well as an 18-screen theater, 70-foot atrium, andover 135 additional stores. There are also numerous shopping opportunities inthe central business districts of the cities and towns located across the area.



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Virginia Beach's Neptune Festival is aten-day celebration, featuring art,boating, sports and entertainmentactivities.

Lifestyle

The Virginia Beach-Norfolk-Newport News MSA is home to much of America'searly history. Jamestown, the site of the first permanent English settlement,offers a glimpse into the lifestyle of early settlers. Yorktown highlights thesights and sounds of the Revolutionary War and celebrates the Britishsurrender. Colonial Williamsburg recreates 18th-century America at theColonial Capitol. Mathews County has an active historical societyheadquartered in the Mathews Court House Square, a collection of 17thcentury buildings. Historical attractions found in Surry county include Smith'sFort Plantation built in 1609, Bacon's Castle built in 1665, the ChippokesPlantation State Park, which has a mansion and a number of outbuildings thatdate to the early 1800’s and the Chippokes Farm and Forestry Museum.Charles City County is noted for its abundance of historic sites andarchitecture including the beautiful Berkeley Plantation, Shirley Plantation, andWestover Plantation.

Area residents also enjoy many cultural attractions and museums. TheMariner's Museum in Newport News, with a collection of more than 800 modelships, figureheads, ship equipment, and instruments, is one of the mostfamous and complete maritime museums in the world. Also in Newport Newsis the Virginia War Museum, featuring the largest collection of war relics andhistorical records in the United States. Nauticus, the National Maritime Center,is located on the downtown Norfolk waterfront. This exciting 120,000square-foot science and technology center exploring the power of the sea ishome to the Battleship Wisconsin.

Norfolk is recognized as the Arts capital of Virginia, and is the home city for theVirginia Symphony, Virginia Ballet, Virginia Opera and the CommonwealthTheatre Company. The NorVa, a downtown concert venue, offers concertsfeaturing national touring acts and well-known artists. Each spring,internationally acclaimed artists from around the globe team up with the best ofthe region’s own professional arts organizations to present a dazzling lineup ofmusic, theatre and dance at the Virginia Arts Festival. The Chrysler Museum ofArt is home to Walter Chrysler Jr.'s world-class collection of more than 30,000pieces of art. Considered “one of the top 20 museums in the country” by theWall Street Journal, the museum offers a full schedule of free programs andactivities including concerts, theatrical performances, children's tours, grouptours, and lectures, and is home to the Jean Outland Chrysler Library, one ofthe largest art research libraries in the Southeast .



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The Hampton Roads EconomicDevelopment Alliance (HREDA)represents fifteen jurisdictions insoutheastern Virginia to market theregion nationally and internationally inconjunction with the resources andinvestment of the business community.

Lifestyle (continued)

The Williamsburg Players is the area's oldest continuous community theatre.Founded in 1957, the troupe presents five professional-quality theatreproductions at the James-York Playhouse each season. The College ofWilliam and Mary is home to the Williamsburg Chamber Ballet and also hostsconcerts, plays, and lecture series open to the general public, and during thesummer hosts the Virginia Shakespeare Festival. The Hampton ArtsCommission sponsors events, including the Great Performers Series, whichconsists of ballet, musical, and theatrical performances. Broadway productionsand entertainment attractions appear in Richmond and Norfolk.

Recreational activities abound in the area. Facilities located along the Jamesand York Rivers offer a variety of activities that include boating, fishing,camping, biking, and tennis. There are hundreds of parks and campgroundsthroughout the area. First Landing State Park, located in Virginia Beach, is aregistered National Landmark located along the Atlantic Ocean andChesapeake Bay. Other significant parks are the Virginia Zoological Park andthe Norfolk Botanical Gardens. The 1,680-acre Chippokes Plantation StatePark and the 19-acre Charles Steirly Heron Rookery provide fishing,swimming, boating, camping and picnic facilities.

The region boasts an abundance of golf courses, including the GoldenHorseshoe in Williamsburg and Kingsmill, Fords Colony, Legends atStonehouse, and Governor’s Land at Two Rivers in James City County.

The Hampton Coliseum, with a 13,800-person capacity, is home to the annualHampton Jazz Festival and also hosts a variety of concerts, events, tradeshows, and conventions. Harbor Park, on the banks of the Elizabeth Riveralong Norfolk’s downtown waterfront, is the 12,000-seat home of the AAANorfolk Tides, the farm team of the Baltimore Orioles. The Norfolk Scope ishost to a wide variety of events including conventions, concerts, and familyshows and is home to the Norfolk Admirals, the primary American HockeyLeague affiliate for the Tampa Bay Lightening of the NHL. Scope is also hometo Arena Racing USA, where drivers race real, one-half-scale stock cars on acustom-designed, high-banked indoor track.



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Area communities have tax structuresfavoring new and expanding businesses.Both state and local tax rates aremodest, with credits and other incentivesavailable to many companies.

Lifestyle (continued)

Located in James City County, Busch Gardens Williamsburg has been votedthe world's "Most Beautiful Theme Park" for fourteen consecutive years by theNational Amusement Park Historical Association (NAPHA) and named theworld's "Favorite Theme Park" for four years in a row. With dozens of thrillingrides and attractions, ten main-stage shows, a wide variety of authentic foodsand shops, and an enchanting children’s area, Busch Gardens is the ticket to aworld-class adventure. Water Country, USA, a subsidiary of Busch Gardens, islocated in York County. Water Country USA is the mid-Atlantic's largest familywater play park. featuring state-of-the-art water rides and attractions all set to a1950s and '60s surf theme. The park offers a surf shop and gift shop, sevenfood service areas, locker rental, bathhouse facilities and free use of life vestsand inner tubes.

A number of festivals are also held in the area. Hampton Bay Days is athree-day event, held in September that celebrates the cultural, recreational,environmental, and economic importance of the Chesapeake Bay. This festivalattracts 200,000 visitors to downtown Hampton and features a yacht race, artshow, food, and concerts by such performers as the Beach Boys. VirginiaBeach's Neptune Festival is a ten-day celebration, featuring art, boating,sports, and entertainment activities. Market Days, held each September, is atwo-day celebration with local foods, music, and arts and crafts. The annualPork, Peanut and Pine Festival held in July attracts over 75,000 visitors. Thistwo-day event offers musical entertainment, exhibits, arts and crafts and avariety of specialty foods.



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Documents

Hampton Roads MSA Description