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Business Information

thumb_ialr_atrium_sm.jpgMoving a business to Pittsylvania County is a decision that dozens of manufacturers have made. Having helped those companies in a variety of ways, we’d like to make your consideration process even easier.

In this section, we provide the numbers you need – from average hourly wages to a description of our civilian labor force. From per- capita personal income to our citizens’ educational background.

Perhaps more importantly, this is where you’ll learn what local manufacturers say about their experiences. They’ll describe tax incentives and other assistance they’ve received (like site selection and analysis). How our bringing the research and development resources of Virginia Tech here has helped them. They’ll also tell you how they feel today – in retrospect – about their decisions to move here.

We hope you profit from their experiences. And we hope you agree that moving your business to Pittsylvania makes business sense – for your bottom line and your people.

Economic Profile Print E-mail
Pittsylvania County has the infrastructure, resources and people in place to help you increase the size and profitability of your business.

Located in the South-Central Piedmont region of Virginia with excellent access to highway and rail transportation centers, Pittsylvania Country is well-positioned to serve the needs of manufacturing and other industry – just a day’s shipping distance from two-thirds of the U.S. population.

And speaking of people, our workforce is energetic, well-trained and plentiful. (Click here for Workforce Data.) Take a closer look at our vital signs:

Major Employers in Pittsylvania County

Employer Employees
Unique Industries 425
Intertape Polymer Corporation 285
AC Furniture 275
Yorktowne Industries 230
Columbia Forest Products 200
Swedwood NA 160
Times Fiber Communications 174
Capps Shoe Company 150
Riverview Plumbing & Heating 143
Ennis Business Forms 147
Owens Illinois 157
DanChem Technologies, Inc. 121
First Piedmont Corporation 122
RACO 100

Transportation & Highways
U.S. #29 (north-south)
U.S. #58 (east-west)
U.S. #360 (northeast-southwest)
Easy access to Interstate 40, 85, 95 and 64
I-785 will soon connect the county to 1-85 at its technology hub

Motor Carriers
25 trucking firms serve the area

Commercial Air Service
Lynchburg Regional Airport (Lynchburg, VA)…………………...40 miles
Piedmont Triad International Airport (Greensboro, NC)………50 miles
Danville Regional Airport (General Aviation)

Commercial Rail Service
Amtrak Freight

Rail Service
Norfolk Southern Corporation

Ports
Richmond: 140 miles
Norfolk: 190 miles

Overnight Package Delivery
FedEx, UPS, DHL, and USPS Mail Express

Taxes

• Virginia’s tax rates are historically low. Localities collect a 1% sales tax. They do not tax other items taxed at the State level.
• Counties and cities in Virginia are separate tax-paying entities. Your company would, therefore, pay taxes to either a county or to a city.
• If a company is located in a town, it pays town and county taxes, except for utility taxes which are paid only to the town and the license tax which is paid only to the town unless town law permits the additional collection of a county tax.
• Manufacturers pay real estate, machinery and tools, truck and automobile, utility and sales taxes (click here for our Financial Incentives).
• Non-manufacturers pay real estate, tangible property, truck and automobile, utility, merchant’s capital and sales taxes.

Local Tax Rates as of July 1, 2009

Real Estate
Nominal Tax Rate/100          $0.56

Machinery & Tools:Orignal Cost
Value for Tax Purposes        $4.50
     Assessment Ratio            10%
Effective Tax rate/100           $0.45

Automobiles and Trucks
Nominal Tax rate/100            $8.50
Computed at 85% of retail value
Assessment Ratio                30%
Effective Tax Rate/100           $2.75
 
 
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