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Economic Impact

Since opening the Smart Road in 2000, VTTI has created more than 600 direct and indirect jobs in Montgomery, Arlington, and Halifax counties encompassing:

  • 300+ active projects across 100 public/private sponsors
  • 520+ full- and part-time employees on the payroll at a given time; 300+ FTEs
  • 280+ grads/undergrads supported for at least part of a year, annually
  • 40+ ongoing proprietary projects

The VTTI-affiliated Global Center for Automotive Performance Simulation (GCAPS) will have an overall economic impact of $147 million on Southern Virginia during its first 10 years of operation:

  • 100+ direct and indirect jobs in the region by 2020
  • 30+ global customers

The VTTI Smart Roads Expansion is expected to:

  • Have an overall economic impact of $285 million+ on the local area during its first decade
  • Create 156 jobs in the region by 2026 (74 direct/82 indirect jobs)

Contact

  • 540-231-1500
  • 540-231-1555

Media Contact