Business: Economic Profile
Region
2000 is a prosperous community with the infrastructure, resources, and economic
vitality needed to sustain business and industry. Here are some vital signs
that provide an overview of the Region’s economy.
Economic Base
The economic strength of Region 2000 lies in its broad base of employers.
These include over 200 manufacturers (plastics, wireless communications equipment,
materials handling equipment, etc.), two large nuclear firms with three percent
of the region’s workforce, major insurance firms, a sizeable medical
complex, and five colleges and universities. Over 20 percent of the workforce
continues to be employed in our technology-based manufacturing sector.
Primary Clusters
- Wireless Technology
- Manufacturing Automation
- Nuclear Energy
- Plastics
- Pharmaceuticals
- Health Care
Selected Major Manufacturers
|
The Babcock & Wilcox Company
|
Nuclear Fuel
|
2,200
|
|
AREVA
|
Nuclear Maintenance & Repairs
|
2,100
|
Abbott Laboratories
|
Adult/Infant Nutritional
|
800
|
|
Southern Air
|
Heating/Cooling Systems
|
750
|
BGF Industries
|
Fiberglass Fabrics
|
700
|
|
Thomasville Furniture
|
Furniture |
625
|
|
RR Donnelley Printing
|
Publishing, Printing
|
550
|
|
Tyco Electronics
|
Communications Equipment
|
500
|
|
Frito-Lay Inc.
|
Snack Foods
|
490
|
|
C.B. Fleet Co., Inc.
|
Pharmaceuticals |
450
|
|
Georgia-Pacific Corp.
|
Paperboard
|
425
|
|
Barr Laboratories
|
Generic Pharmaceuticals
|
425
|
|
Griffin Pipe Co.
|
Gray & Ductile Iron Pipe
|
416
|
|
Glad Manufacturing Co., a division of Clorox
|
"Glad" Brand Plastic Bags
|
380
|
|
Progress Printing
|
Publishing, Printing
|
350
|
|
Timken, Inc.
|
Bearing Manufacturing
|
320
|
|
Greif, inc., Riverville Mill
|
Paperboard |
316
|
|
Schrader-Bridgeport
|
Tire Valves
|
300
|
|
Buffalo Air Handling
|
Air Handling Systems
|
256
|
|
Belvac Production Machinery, inc.
|
Canmaking Equipment
|
150
|
|
Andrew Corportion
|
Telecommunications Equipment
|
150
|
|
Tessy Plastics
|
Injection Molding
|
140
|
|
Other Major Employers
|
Centra (Two Hospitals)
|
Health Care
|
3,800
|
|
Genworth Financial
|
Insurance |
1,607
|
|
Central Virginia Training Center
|
Health Care
|
1,600
|
|
Lynchburg City Schools
|
Education |
1,554
|
|
Liberty University
|
Church, Private University & School
|
1,000
|
|
J. Crew Outfitters
|
Mail Order/Distribution
|
1,000
|
|
Lynchburg College
|
Private College
|
530
|
|
Randolph College
|
Private College
|
350
|
|
Nationwide Insurance
|
Insurance
|
340
|
|
Central Virginia Community College
|
Public College
|
314
|
|
Wachovia
|
Financial Services
|
250
|
|
Belk Department Store
|
Retail
|
175
|
|
Verizon
|
Utility |
163
|
|
Bausch & Lomb
|
Contact Lens Distribution
|
157
|
|
Hecht's
|
Retail |
150
|
|
