Bedford County Economic Development

Office of Economic Development


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Target Industries

Bedford County, with its excellent incentives, workforce training programs, and superb quality of life, is a location of choice for industries in several target clusters. These industries have a significant presence in our county and region and provide great opportunities for “feeder” or supplying companies to locate here as well. Your business may be a perfect fit so contact us today to learn more.

Nuclear Energy

The Commonwealth of Virginia is uniquely positioned to assume a national leadership role in reforming and rebuilding nuclear energy. Two major nuclear companies, Babcock & Wilcox and AREVA have operations in the region, as well as several medium to smaller companies that support this industry.
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Wireless Communication

The Wireless Communication industry has had a significant presence in this region for many years. From the former presence of telecoms giant Ericsson, Inc. to the dozens of wireless companies that have sprouted up since then, this region is in the forefront of the wireless communication industry. The wireless business community has evolved to bring forward new technologies that address wireless solutions that are key.
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Advanced Manufacturing

Manufacturing accounts for nearly 10 percent of Bedford County’s Employment mix, but these businesses are not the traditional manufacturing with masses of employees working on a single product line handling just one step in the process.
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Agribusiness

Bedford County has more than 1,400 farms and 200,000 acres of farmland. It is a prime location for agriculture-based businesses. We also have a growing local food movement and have implemented a Bedford Grown initiative in which producers and farmers can use a logo to signify which products were grown or raised in Bedford County. This instills pride for Bedford Grown products and is expected to increase sales.
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Pharmaceuticals

Bedford County’s largest employer is TEVA Pharmaceuticals, a leading global pharmaceutical company, committed to increasing access to high-quality healthcare by developing, producing and marketing affordable generic drugs as well as innovative and specialty pharmaceuticals and active ingredients. Headquartered in Israel, Teva is the world’s leading generic drug maker, with a global product portfolio of more than 1,000 molecules and a direct presence in about 60 countries and employs more than 600 in Bedford County.
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