Industry

A city needs a stable foundation to prosper. Education makes that promise for the future: industry maintains that stability in the present. Low tax rates, a 80 -acre municipally owned industrial park. financial assistance packages and city -generated electricity are incentives for prospective businesses.

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, The city is always eager to work with local industries on utility extensions, site preparation, tax structuring and problem solving.

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. The nature of the labor force also contributes to the area productivity. Virginia is a right -to -work state with a low unionization rate. So 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.

National and International markets are within easy access from Radford’s convenient location. Situated near the intersections of Interstates 81 and 77, the city is ideally sited for transportation efficiency.

Air transportation is available at three nearby airports; Roanoke Regional, 40 miles to the northeast; Blacksburg Municipal Airport, 13 miles north; and New River Valley Airport, 8 miles west. New River Valley Airport is designated as a Foreign Trade Zone / Customs Port of Entry. Radford is served by a major line of the Norfolk Southern rail system, an 8.000 -mile freight system that spans 14 states and reaches such diverse markets as Buffalo, Chicago, Detroit, Kansas City, and the port of Hampton Roads.