Richmond rated #3 top business center in US
Marketwatch rated Richmond as the 3rd best business center in the country, topping big cities like New York and LA and regional giants like Charlotte and DC. They rated cities based on concentration of large companies, population growth, unemployment, and job growth. From Marketwatch: This city is in the bottom 10 in size, but placed first in concentration of Fortune 1000 […]
Marketwatch rated Richmond as the 3rd best business center in the country, topping big cities like New York and LA and regional giants like Charlotte and DC.
They rated cities based on concentration of large companies, population growth, unemployment, and job growth.
From Marketwatch:
This city is in the bottom 10 in size, but placed first in concentration of Fortune 1000 companies and second in unemployment rankings. Among the companies in its stable are gas-and-electric giant Dominion Resources and electronics retailer Circuit City Stores.
“A lot of companies are doing business here for a number of factors,” said Bill Cimino, spokesman at Circuit City. “Richmond is convenient to a number of locations up and down the East Coast.”
The area has good schools, available workers, a strong university system and a diverse economy, Cimino says. In addition to Dominion and Circuit City, the city also has insurer Genworth Financial, home security firm Brinks Co, and chemicals maker Albemarle.
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