Key Industries
Industries driving Virginia’s economy
From advanced materials manufacturing and life sciences to supply chain management and aerospace and defense, Virginia’s leading industries power growth across the Commonwealth. Explore the sectors shaping investment and opportunity statewide.
Yupo Corporation, Chesapeake
A business climate built for
long-term investment
For companies making major investments, predictability matters. Virginia provides a stable, competitive operating environment shaped by right-to-work status, a 6% corporate income tax rate unchanged since 1972, a long-standing AAA bond rating, and tax exemptions that support manufacturing, R&D, and long-term business growth.
Richmond