A great place to do business
Rich in opportunity, energy, and beauty, Radford is ideally located along Interstate 81 with easy accessibility to Interstate 77. Excellent transportation via air, rail, and freight allows for easy transportation of products. Prime industrial, commercial, and office sites are currently available, all with beautiful vistas in which to live and play.
A city needs a stable foundation to prosper. Education makes that promise for the future: industry maintains that stability in the present.
Radford’s Council / Manager form of government molds the city’s growth in conjunction with the Planning Commission, Zoning Regulations, and the Industrial Development Authority. Radford is always eager to work with local industries on utility extensions, site preparation, tax structuring and problem solving.
Incentives for prospective businesses
Low tax rates
80-acre municipally owned industrial park
Financial assistance packages
Dedicated people are the heart of Radford’s successful growth and its most valuable resource. Other needed resources are just as available; loan, mortgage lending, full-service banking and specialized services are supplied by several area financial institutions. The state also contributes to the expense of training labor through the Industrial Training Division of the Virginia Community College System.
Virginia is a right-to-work state with a low unionization rate. This means time lost through strikes is well below the national average. Radford’s industrial base offers a mix of products and services which include rubber products, torque motors, polystyrene products, industrial pallets, medical diagnostics, automobile manufacturing, tire distribution, and motion control design and technology.