There are several major corporations that have a strong presence here. The city has a wide range of industries including semiconductor, distribution, tobacco, transportation, healthcare, pharmaceutical and publishing. Major semiconductor manufacturing firms have been attracted to Richmond. The increase in semiconductor firms to the area has made the city a central point of the East Coast's Silicon Dominion.
Richmond is also a hub for innovation and entrepreneurship. Virginia Biotechnology Research Park supports research and development in the area and is located on 20 acres next to Virginia Commonwealth University's (VCU) Medical College of Virginia. The facility is home to about 34 biotechnology, bioscience and other related companies and research institutions.
KEY EMPLOYERS: McKesson Corporation, Capital One Financial Corporation, Philip Morris USA, Circuit City Stores Inc., Columbia/HCA Healthcare Corporation, Dominion Resources Inc., Crestar (SunTrust Banks Inc.), Ukrop's Super Markets Inc., Bank of America Corporation, Honeywell International Inc., Bon Secours Health System, Wal-Mart Stores Inc., Bell Atlantic-Virginia, First Union Corporation, DuPont, Trigon Healthcare Inc., Reynolds Metals Company, Viasystems Technologies Corporation, Food Lion Inc., Federal Reserve Bank, White Oak Semiconductor, Supervalu Inc., American Home Products Corporation, Southside Regional Medical Center, University of Richmond, Media General Inc., Westvaco Corporation, 7-Eleven Inc., GE Financial Assurance, United Parcel Service Inc., Tyson Foods Inc., Cadmus Communications Corp., Lowe's Cos. Inc., Overnite Transportation Company, Hannaford Bros. Company, Edge Management Inc., Wachovia Corporation, BB&T Corporation, ABB Alstom Power, Southern States Cooperative Inc., Heilig-Mayers Company, Hecht's, J.C. Penney Company Inc., Sears, Roebuck and Company, Smurfit-Stone Container Corporation, McKesson HBOC Inc., YMCA of Greater Richmond, Target Corp., Nabisco Inc., LandAmerica Financial Group Inc., Carter-Wallace Inc.
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