Transcript Document

Dinwiddie County, Virginia:
Business & Geographic Benefits of Exporting
Harrison Moody
Board of Supervisors
Dinwiddie County, VA
Dinwiddie County: Well Positioned for
a Global Market
• Board Member for
Dinwiddie County, VA
• One of Virginia’s largest
and most rural counties
• Dinwiddie is a unique asset
with:
• Dual Class 1 Rail
Capabilities
• $650k in Tobacco
Commission funding to
analyze and develop
the county to serve
multiple markets
Dinwiddie County seeks unique opportunities
to spur economic development
• Tobacco Commission funds used to
facilitate economic development
and expand multimodal market
access.
• The Port of Virginia provides
numerous tax incentives to expand
imports/exports
• Economic and Infrastructure
Development Grant Program
provides companies with incentives
to locate new/expand current
operations within VA localities like
Dinwiddie
Dinwiddie County is an excellent
intersection for multimodal market access
• Dual rail line
access (CSX and
Norfolk Southern)
• Competitive rail
rates
• 80 miles to Port
of Virginia
Domestic Market Reach
Businesses operating out of Dinwiddie benefit from excellent
domestic access by highway and rail to other markets
Dinwiddie’s Transportation Network
Dinwiddie's business community enjoys a central location between major interstates
85 and 95, as well as easy access to major rail and waterway transportation routes.
Name
Distance
I-85
0.0 miles
I-95
0.2 miles
I-64
21.5 miles
Dinwiddie Airport
0.0 miles
Richmond Int. Airport
46.1 miles
Port of Richmond
25.0 miles
Port of Virginia
80.0 miles
“Corporations making site selection decisions often
analyze and model total operating costs” – Pierce Homer,
Former Virginia Secretary of Transportation
60%
50%
Logistics can typically
account for 80% of the
operating costs
50.3%
40%
30%
20%
10%
Real estate typically
accounts for less than 5%
21.8%
9.5%
7.8%
4.3%
2.7%
2.2%
1.2%
Admin
Supplies
0%
Transportation
Inventory
Labor
Customer Service
Rent
Other
150 international markets are served through the
Port of Virginia
Richmond Metro Area Exports
Dinwiddie is well positioned to feed the
world through exports
20% of all US exports are through the Port of Virginia
Dinwiddie & Surrounding Locality Exports
Over 140 Companies in the Region
Utilize Importing and Exporting
Thank You!
Harrison Moody
Board of Supervisors
Dinwiddie County, VA
[email protected]
www.dinwiddieva.us