MBC takes bold initiative to promote Southern Virginia as a strategic business expansion location
Santa Clara, Calif. and South Boston, Va. – August 6, 2013 – Mid-Atlantic Broadband Communities Corporation (MBC) announced today the launch of its west coast office aimed at economic development, promoting southern Virginia as the ideal region for corporations seeking a presence on the east coast.
The new office, located in the Techmart Business Center in Santa Clara, California in the heart of Silicon Valley’s innovation region will enable MBC to work with companies interested in expanding their business on the east coast in a region that offers a state of the art telecommunications network, highly competitive power rates, low taxes, skilled workforce and a pro-business environment.
MBC owns and operates a 1,600 mile advanced open-access fiber optic network in southern Virginia that currently reaches 100% of the business, industrial and technology parks in the region. As a result of the MBC network infrastructure availability, several large companies including Hewlett Packard, Microsoft, Amazon.com, Rolls Royce and ICF International have already invested more than $1.2 billion dollars in new facilities and created hundreds of jobs in southern Virginia.
“Businesses today are focused on operating environments where productivity is high, innovation is present and costs are competitive,” said David Hudgins, Chairman of the Economic Development Committee for MBC. “Our regional industry clusters paired with advanced manufacturing capabilities make southern Virginia a perfect choice for west coast companies looking for expansion and production sites on the east coast.”
The southern Virginia region is home to business and industry clusters in key vertical market segments including aerospace, motorsports, agribusiness, data centers, advanced manufacturing, natural and renewable energy production, food & natural products manufacturing, distribution and logistics, bio-technology, nuclear energy research and wireless communication industries.
“MBC was created for the core purpose of revitalizing southern Virginia and helping to create jobs and investments,” said Tad Deriso, President & CEO of MBC. “Our west coast office provides significant economic development leadership to our region, and will be a strategic resource for our local and regional economic development groups as they continue to attract new investments and jobs to the region.”