With
the strategic location of Richmond at the intersection of two important
interstates, combined with the existence of the world’s only triple crossing of
rail lines and the Great Turning Basin for Boats; it is only natural that this region grows to become a commercial
hub.
Leading
Industries and Companies
1. Law and Finance – Finance and Law have been
major contributors the economy and market for jobs in Richmond. The region is home to the United States Court of
Appeals for the Fourth Circuit and to one of the thirteen United States Courts
of Appeals. In addition to this, Richmond also houses one of the 12 Federal
Reserve Banks in the United States.
Multi-Nationals such as
CapitalOne, Genworth Financial and Philip Morris USA have also set shop in this
city. Top law firms in the city include – Hunton & Williams, Williams
Mullen, and McGuideWoods.
2. Advertising & Media - Besides Law and Finance, Richmond jobs are also being dominated
by the advertising agencies and media related businesses. Named the U.S. Agency
of the year in 2009 – The Martin Agency sits in this city.
3. Biotechnology and Pharmaceuticals
- A quickly
developing sector, the Virginia Bio Technology Research Park has been one of the
primary reasons behind the boost of this industry. Acting as an incubator
facility for pharmaceutical and biotechnology companies, this park is a source
to a range of R&D jobs in Richmond.
For example, Philip Morris USA opened a development facility here in 2007 –
which today employs an estimated number of 3,000 engineers, technicians and
scientists.
Fortune
500 Corporations in Richmond
Named
as the third best city in United States for business opportunities in the year
2007; the city ranks right after Minneapolis and Denver for the potential it
has to offer. Today, the city consists of six Fortune 500 companies such as the
likes of Owens & Minor, Genworth Financial, Dominion Resources,
MeadWestvaco and the Altria Group.
The
Headquarters of Altria Group moved from New York to Richmond only about half a
decade ago; hereby attesting the potential the city has to offer for new
businesses as well as established larger corporations. A consistent performer
in terms of employment opportunities, Richmond is home a range of
opportunities.
