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Community Profiles: Suffolk

COURTESY OF the city of suffolk

relocate 1,500 personnel reaffirms Suffolk as a major Technology Industry hub. This influx will include a mix of civilian, military and contractors. The estimated annual payroll of this group is $88.9 Million. Massimo Zanetti Beverage, one of the country’s largest coffee roasters, invested $5 Million to expand their operations in Suffolk by opening a new 60,000 square-foot warehouse and purchasing new manufacturing machinery. Sumitomo Machinery, manufacturer of gear technology, is now operating out of their 60,000 square-foot Centralized Distribution Center in the Virginia Regional Commerce Park. In the Bridgeway Commerce Center, Dana Corporation, distributor of automotive parts, moved into their 126,000 square-foot warehouse/ Hilton Constant’s Wharf distribution center. Other target industries such as advanced manufacturing, medical, retail-speculative, food processing and wareuffolk is one of the fastest grohousing/distribution saw major expansions wing cities in Hampton Roads, and new locations. and is home to some of the With outstanding schools, experienced fastest growing companies. In fact, CNN labor force, quality workforce development Money named Suffolk Number 9 on their programs and overall excellent quality-of-life, annual list of “Where the Jobs Are”. The list there are many reasons why someone would is a subset of their popular “Best Places to opt to move to or do business in Suffolk. Live” ranking, a distinction Suffolk has also Ample real-estate options and stable tax earned. Job growth in the last decade has rates are other benefits. Businesses enjoy topped out at an impressive increase of the close proximity to the Port of Virginia and 43%. regional and interstate system, along with rail In 2012 approximately $94 million was services such as Norfolk Southern and CSX. invested by Suffolk’s business community, Yes, Suffolk has proved once again it is a and created 1,887 new jobs. This translates thriving environment for business and comto over a million square feet in new or exmercial activity that contributes to the city’s panding businesses during this time frame. enviable position as a great place in which The announcement by Navy Cyber to live and work. Forces, Naval Network Warfare Command Visit www.YesSuffolk.com for the latest and Navy Cyber Defense Operations to business updates and news releases.

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Size2 430 sq. miles Population1 (2012 est.) 86,463 MEDIAN Household Income3 (2010 est.) $63,830 Government City Council and City Manager Major Industries Sentara, Joint & Coalition Warfighting Center, Suffolk Public Schools, Obici Hospital, Walmart, Target, QVC, Kraft/Planters Peanuts, Unilever/Lipton Tea City Information (757) 514-4040 www.YesSuffolk.com School Information (757) 925-6750

36 • Coastal Virginia 2013-14

Coastal Virginia 2013-14  

COASTAL VIRGINIA Living in Hampton Roads 2013-14 edition

Coastal Virginia 2013-14  

COASTAL VIRGINIA Living in Hampton Roads 2013-14 edition