Business & Economy
Industrial
Carroll County Industrial Park |
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| The Carroll County Industrial Park is a fully developed 100-acre facility. | Wildwood Commerce Park is a collaborative project among Carroll County, the City of Galax, and Grayson County through the Blue Ridge Crossroads Economic Development Authority. BRCEDA made its initial purchase of the industrial park site in 2011 and development has progressed since that time. Wildwood is one of seven “megasites” in Southwest and Southside Virginia and is one of the Virginia Economic Development Partnership’s strategic sites. Today, the site includes 270 acres with 115 currently graded acres, located immediately at Exit 19 of I-77, thirteen miles south of I-81, twenty-four miles north of I-74, and seventy-five miles north of I-40. Wildwood is located within HUB and Virginia Enterprise Zones and offers superior interstate access. A regional general aviation airport is located within 2 miles. | |
| Size: 100 Acres Subdividable Terrain: Level to gently rolling. 100% cleared. Comprehensive Plan Designation: Industrial Nearest Interstate: I-77, .2 mile Nearest State Hwy: US 58/221. .1 mile Electricity: 34.5kv Water: 10″ line on site Waste Water: 8″ line on site; 100,000 GPD capacity Solid Waste: Public landfill 2 miles away (on site pickup by private contractor) Soil Borings Available: Yes Price Per Acre: $10,000 |
Wildwood Commerce Park is a collaborative project among Carroll County, the City of Galax, and Grayson County through the Blue Ridge Crossroads Economic Development Authority. BRCEDA made its initial purchase of the industrial park site in 2011 and development has progressed since that time. Wildwood is one of seven “megasites” in Southwest and Southside Virginia and is one of the Virginia Economic Development Partnership’s strategic sites. Today, the site includes 270 acres with 115 currently graded acres, located immediately at Exit 19 of I-77, thirteen miles south of I-81, twenty-four miles north of I-74, and seventy-five miles north of I-40. Wildwood is located within HUB and Virginia Enterprise Zones and offers superior interstate access. A regional general aviation airport is located within 2 miles. Due diligence studies(environmental, wetlands, cultural resources, geotechnical) are complete and clear sites 2, 3 & 4 for development. Site 1 due diligence is also completed and ready to be permitted for development. Utilities- Completion of all public utilities- water, wastewater, fiber communications- and an access road is scheduled for mid-2014. Appalachian Electric Power is scheduling extension of distribution improvements to provide a 34.5kV alternate feed circuit during 2013 and 2014. Carroll County is currently designing the extension of natural gas service to Wildwood from the tapping station located approximately two miles west of the site. Potential Business & Industry Sectors include: Agricultural & food products processing
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Major Employers
| Major Employers in & Around Hillsville | Product | Location | Average Number Employees |
|---|---|---|---|
| Parkdale Magnolia | Spun Yarn | Advanced Technology Drive | 375-400 |
| Parkdale Magnolia | Spun Yarn | Industrial Park Drive | 41 |
| Carroll County | Government Services | Pine Street | 189 |
| Mohawk Industries | Carpet Backing | Floyd Pike | 155-160 |
| Ameripumps | Pump Manufacturing | Industrial Park | 125 |
| Barker Microfarads | Electrolytic Capacitors | Mill St., Hillsville | 125 |
| Mt. Rogers Industrial | Misc. Textile | Industrial Park | 50-75 |
| Classic Creations | Screen Printing | Industrial Park | 50-75 |
| Carter Machinery & Tools (Caterpillar) | Mining Machinery | Raintree Road | 75 |
| Trinity Mission | Nursing Home | Fulcher Street | 75 |
| Va. Produce Company | Produce Distributor | Expansion Drive | 75 |
| Turman Sawmill | Millwork, Lumber | Expansion Drive | 60 |
Labor Analysis
- Radius of labor drawing area: 30 miles
- Estimated workers available: 1,700
- Unemployment rate: 5.5% – October 2007
- Work stoppages in last 5 years: 0
- Degree of unionization: 0%
- Right-to-work Law: Yes
- Wage/Labor Survey available: Yes
Taxes
| Real Property | |
|---|---|
| Carroll County: | $0.695 per $100 of Fair Market Value |
| Hillsville: | $0.22 per $100 of Fair Market Value |
| Machinery and Tools | |
| Carroll County: | $1.75 per $100 |
| Hillsville: | $0.72 per $100 |
| Valuation Method: | 100% of Fair Market Value |
| Merchant’s Capital | |
| Carroll County: | $0.69 per $100 |
| Valuation Method: | 30% of cost |
| Personal Property (includes Business Equipment) | |
| Carroll County: | $1.95 per $100 |
| Hillsville: | $0.72 per $100 |
| Valuation Method: | 100% of NADA loan value |
| Utility Taxes (Electricity Only) | |
| Residential: | 20% of first $15 of monthly bill |
| Commercial: | 20% of first $100 of monthly bill |
| Industrial: | 20% of first $200 of monthly bill |
Financial Institutions
Hillsville is served by five banks, with statewide assets of over $28 billion. Financial assistance for constructing or expanding industrial facilities is available from a variety of public and private sources; among them are the Carroll County Industrial Development Authority, which can arrange industrial revenue bonds, and the Carroll Industrial Land Corporation, which can arrange private financing packages.
Sales Tax
4.3% state plus 1.0% local. Items purchased for direct use or consumption in manufacturing are tax-exempt. Certified pollution control facilities and equipment used primarily for pollution abatement are also exempt.
Meals Tax
8.0% Meals Tax on the purchaser of every meal served, sold or delivered in the Town of Hillsville by a restaurant or caterer.
Transient Lodging Tax
8.0% tax on each transient of the amount paid by lodging by or for any such transient to any hotel.
More Information
For information on Hillsville zoning, infrastructure or real property information visit WebGIS.
For more Economic Development information contact hillsville@townofhillsville.com.
- By phone: (276) 728-2128
- By fax: (276) 728-9371
- By electronic mail: hillsville@townofhillsville.com
- By mail:
Town Manager
P.O. Box 545
Hillsville, VA 24343