Page 7 - Roanoke Valley NCG 2016
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D o i n g
                                                                                     Bus i n ess



                                                                                The area is also served by Amtrak,
                                                                             which provides passenger rail service
                                                                             with terminals in Rocky Mount and
                                                                             Raleigh, and Class I rail service is by
                                                                             CSX Transportation.
                                                                             More than 40 freight carriers, including
                                                                             major freight companies, connect the
                                                                             Roanoke Valley to the rest of the
                                                                             North America.

                                                                                       LABOR FORCE
                                                                                Approximately 28,000 workers
                                                                             comprise the Roanoke Valley labor force,
                                                                             and the labor force within a 30-mile
                                                                             labor recruiting area represents nearly
                                                                             93,000 people. Because Roanoke Valley is
                                                                             conveniently located along Interstate 95
                                                                             and only a few miles from the Virginia
                                                                             border, the workforce is a diverse pool
                                                                             of local residents and commuters. Nearly
                                                                             29 percent of the workforce lives outside   R
         Kapstone Paper and Packaging Corporation                            county limits, and 7 percent live outside   o
                                                                             of the state.                        an

                                                                                  WORKFORCE TRAINING
                            ECONOMIC                                            Roanoke Valley’s network of workforce     o
                   DEVELOPMENT                                               development partners collaborate
                                                                             to offer recruitment, screening, and
                                                                             training services to provide existing,   ke Valle
                                                                             new, and expanding businesses a highly
                                                                             skilled workforce. The North Carolina
                      The Roanoke Valley is one of the best places           Department of Commerce, Halifax
                           to do business in North Carolina                  Community College, the North Carolina   y
                                                                             Department of Community Colleges, the
                                                                             Division of Employment Security, and
           deally located right off of Interstate      Roanoke Valley has access to deep sea   the North Carolina University System
           95, area businesses are not only   ports in both North Carolina and Virginia.   are among the workforce development
           served by a diverse workforce   The Port of Virginia is the second largest   agencies who work to help businesses
      I but also enjoy convenient access   deep water port on the Atlantic coast and is   find available, qualified workers and to
      by road, rail, air or ship to the rest of   used by more than 95 percent of the world’s   equip them with the skills they need to
      the nation and global markets.      shipping lines. The Port of Richmond is 80   make each business more efficient
                                          miles away, and two ports in North Carolina,   and profitable.
              TRANSPORTATION              the Port of Morehead City and the Port of   TAXES & INCENTIVES
         Residents and businesses can find    Wilmington, are easily accessible as well.       North Carolina is one of the best
                                             Roanoke Valley has three international
         easy access to highways and interstate                              states in which to do business. The state
                                          airports located less than 90 miles away:
      systems, railroads, airports, and deep sea                             corporate tax rate is 4 percent, making it
                                          the Raleigh-Durham International Airport,
      ports in the Roanoke Valley. The area is                               one of the lowest effective business tax
                                          Richmond International Airport, and the   rates in the nation. In 2013, the state was
      located halfway between New York and   Norfolk International Airport. General   ranked first for having the lowest state
      Florida on Interstate 95, and also provides   aviation services are provided by the Halifax-  and local tax burdens on business. In
      easy access to US Highways 158, 301, 258,    Northampton Regional Airport, which is near   addition to having a low corporate tax
      64 and Interstate 85.               the Halifax Corporate Park.        rate, there is no state property tax.
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                                    Roanoke Valley Community Guide 2016-2017 • www.rvchamber.com • 252-537-3513
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