Corporate Headquarters

The Hampton Roads region is home to four Fortune 500 headquarters: Smithfood Foods, Norfolk Southern, Dollar Tree, and Amerigroup.


Company


City

Revenues
($ millions)

Fortune 500 Rank

Norfolk Southern

Norfolk

$7,969.0

287

Amerigroup Corp.

Virginia Beach

$5,188.1

404

Dollar Tree, Inc.

Chesapeake

$5,231.2

397

Smithfield Foods

Smithfield

$14,190.5

163

Revenue data from fiscal year 2009 or the most recent fiscal year available.

Source: Fortune 500 for 2010, CNNMoney.com

Major companies which are either headquartered in Norfolk or have their North American headquarters here include:

  • Virginia is ranked the nations third lowest in annual operating costs for a headquarters by the Boyd Company Inc.
  • Hampton Roads is ranked as having the second strongest gross metropolitan product in the United States by Brookings Institution -
  • Virginia is the fourth most corporate tax-friendly state, as reported in 2010 by The Tax Foundation. -
  • Virginia’s income tax rate of 6% has not changed since 1972 and is 0.9% below the national average -