Economic Development

 

Blacksburg Industrial Park

About Blacksburg Industrial Park

Blacksburg Industrial Park is a premier business location for companies engaged in R&D and manufacturing activities.  Conveniently located off of VA 460 in Blacksburg, Virginia, the park is within minutes of Virginia Tech and its Corporate Research Center.  The Blacksburg Industrial Park is home of the Virginia Smart Road, a state-of-the-art, 2.2 mile closed test-bed research facility that is managed by the Virginia Tech Transportation Institute.

Collaborate with Virginia Tech

Virginia Tech

Virginia Tech uses its internationally known faculty, a broad range of research facilities, and a track record of cooperation across disciplines and organizations to help business and public and private groups worldwide address complex problems and respond to opportunities. To learn more about Virginia Tech business collaboration, Click Here

Available Sites & Buildings

Whether your business is looking to lease space or to build your own facility, there are a number of site and building options spaces in the Blacksburg Industrial Park.   View Sites & Buildings 

Park Tenants

Aegisound - A Technology-based manufacturer of products targeting hearing health and communications for both military and industrial noise environments.

Center for Vehicle Systems and Safety (CVeSS) at Virginia Tech - CVeSS is engaged in a wide variety of research ranging from advanced vehicle suspensions, to measurement and modeling of terrain and terramechanics, to biodynamics, to dynamic control of vehicle systems, to vehicle stability and rollover analysis.  The center consists of four laboratories: The Advanced Vehicle Dynamics Laboratory, Vehicle Terrain Performance Laboratory, Performance Engineering and Research Laboratory and Railway Technologies Laboratory.

Cobham Sensor Systems - A division of British defense contractor Cobham plc, develops and manufactures critical technology for the aerospace and defence industry.

Wolverine Advanced Materials - Produces and sells performance-critical, specialty elastomer coated metals used in gaskets for automotive & industrial applications; automotive brake noise insulators and NVH (noise, vibration & harshness) damping solutions for automotive and NSV (noise, shock & vibration) for consumer electronics applications.

ESS Technologies  - Designs, manufactures, and integrates packaging machinery and robotics for the primary and secondary packaging of pharmaceuticals, medical devices, nutraceuticals, consumer products, and cosmetics.

Federal Mogul  - A world leader in the manufacturing of bearings, bushings and thrust washers for the automotive industry.

Maptech - Locally owned environmental engineering consulting firm serving the local and international community.

Mountain Precision Tool - Specializes in high-precision, custom machining for the electronics, aerospace, fiber optics, and other industries.

Luna Innovations, Inc  - A developer and manufacturer of new-generation products for the healthcare, telecommunications, energy and defense markets.

Polymer Solutions - An independent ISO 17025 accredited, FDA registered, and DEA licensed laboratory that provides the world with premier technical solutions for molecular systems.

United Pet Group, Aquatics Division - Manufacturer of consumer and commercial aquatics products for the pet supplies industry.

Virginia Tech Transportation Institute (VTTI) - Virginia Tech's largest university-level research center conducting research in the transportation field by developing and using state-of-the-art tools, techniques, and technologies to solve transportation challenges.  VTTI manages the Virginia Smart Road, a state-of-the-art, full-scale, 2.2 mile closed test-bed research facility featuring weather-making capabilities (rain, snow, fog), variable lighting, pavement markings, an on-site data acquisition system, road weather information systems, differential GPS system, road access and surveillance, and a signalized intersection.

State & Local Business Taxes

Virginia Taxes

Nationally recognized for its conservative fiscal practices, Virginia has one of the fairest and most stable tax structures of the 50 states. Both businesses and individuals carry their share of the tax load. The General Assembly has kept taxes on industry competitive and has eliminated many tax irritants. The state corporate income tax rate, one of the lowest in the nation, has not increased since 1972. Virginia also offers a very modest local tax bill for industry. Items taxed at the state level are not taxed at the local level, with the exception of sales and use tax; and Virginia taxes new and existing industries equally.

Local Taxes

In Virginia, towns are are political subdivision of counties and provide public services in lieu of, or in addition to, those provided by their respective county.  Businesses operating within an incorporated town may be subject to certain county and/or town taxes.

Blacksburg Industrial Park is located within the incorporated Town of Blacksburg.  To view a comprehensive listing of local taxes within this area of Montgomery County, click on the link below:

Contact Us

The Montgomery County Department of Economic Development (MCDED) offers a number of free and confidential services and resources to help companies large and small. We welcome the opportunity to provide direct assistance to companies interested in starting, expanding or relocating a business in Montgomery County, Blacksburg and Christiansburg. Contact us today!