Virginia Economic Review: First Quarter 2022

Page 68

VIRGINIA’S GATEWAY TO THE WORLD’S LARGEST MARKETS

Anchored by the Tri-Cities of Petersburg, Hopewell, and Colonial Heights, Virginia’s Gateway Region is notable for its historic sites and its connectivity — Interstates 85, 95, and 295 run through the region, along with the four-lane U.S. 460, connecting it with The Port of Virginia and major population centers in Richmond, Hampton Roads, and along the entire East Coast. This infrastructure makes Virginia’s Gateway Region a natural fit for distributors, with Aldi, Amazon, Food Lion, Goya Foods, and Walmart establishing logistics facilities in the region. Other key industries in the region include advanced manufacturing (AdvanSix, Amsted Rail, Ashland, Evonik, Gerdau, Service Center Metals), food and beverage processing (Boar’s Head, Perdue Farms, Virginia Diner), and an emerging pharmaceutical sector (see page 18).

VIRGINIA’S GATEWAY REGION OFFERS A major U.S. military logistics presence at Fort Lee, home to the U.S. Army Quartermaster Museum and the U.S. Army Women’s Museum

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Richard Bland College, a two-year college affiliated with William & Mary, and two advanced research centers (the Commonwealth Center for Advanced Logistics Systems in Petersburg and the Commonwealth Center for Advanced Manufacturing in Prince George County)

Abundant water recreation opportunities on the Appomattox and James Rivers


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