http://hampton.roads.net/nhr/economy.html (World Wide Web Directory, 06/1995)
Hampton Roads: Economy
Hampton Roads: A Diversified and stable economy.
Economic Base
- Maritime Industry
- 73 Million Tons Total Cargo
$28.5 Billion Value
$1.7 Billion Revenue Generated
- Manufacturing
- 875+ Manufacturers
$1.8 Billion in Salaries and Wages
- Tourism/Conventions
- 38,000+ Jobs Generated
$336.5 Million in Payroll
$1.5 Villion in Visitor Expenditures
- Federal Government
- 138,000 Active Military Personnel
55,100 Civilian Employees
$5.6 Billion in Payroll
$2 Billion in Goods and Services Puchased Locally
- Agriculture
- $69 Million Market Value of Farm Products: Primarily grains, hogs, peanuts and soybeans
Construction
$1.15 Billion in Building Permits
Retail
$8.5 Billion in Retail Sales
Corporate Base
National and mutlinational companies; over 100 foreign-owned firms; growing number of high tech firms.
- Fortune 500 Headquarters
- Norfolk Southern Corporation
- Manufacturing
- American GFM Corporation
Ford Motor Company
Hoechst Celanese Corporation
Kasei Virginia
Stihl, Incorporated
Sumitomo Machinery Corporation of America
- Food Processing
- Nestle Beverage Company
Planters Lifesavers Co.
Smithfield Foods, Inc.
Ship Repair/Ship Systems
Jonathan Corporation
Metro Machine Corporation
Moon Engineering Co., Inc.
Norfolk Shipbuilding & Drydock Corporation
- Information Technology/Defense Systems
- Comptek Research, Inc.
Computer Dynamics, Inc.
Science Applications International Corporation
UNISYS Corporation
- Distribution
- Lillian Vernon Corporation
Nissan Motor Corporation
QVC Network, Inc.
- Finance/Insurance
- American Funds Service Companu
CIGNA Companies
Household Finance Corporation
NationsBank
USAA
(c) 1994 The Internet Presence & Publishing Corporation.
http://hampton.roads.net/nhr/economy.html (World Wide Web Directory, 06/1995)