- Last Updated on 07:31 AM 08/07/13
- BY The Gazette-Virginian
Mid-Atlantic Broadband Communities Corporation announced Tuesday 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.
According to President and CEO Tad Deriso, the new launch is expected to affect Southern Virginia in a “very positive way.”
Deriso said Tuesday afternoon the company has the expectations of creating “a lot of jobs” including further reaching manufacturing businesses.
The new office, located in the Techmart Business Center in Santa Clara, Calif., 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.
“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 Deriso.
“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.”
MBC owns and operates a 1,600 mile advanced open-access fiber optic network in Southern Virginia that currently reaches 100 percent 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.
Deriso said he hopes that this will be just the beginning of MBC “opening the eyes” of the market as the company grows and expands.
“We are fired up,” he concluded describing the “bold initiative.”
MBC is a non-profit organization who promotes economic development in southern Virginia through operation of an advanced open access fiber optic network. MBC provides wholesale telecommunications transport services, dark fiber, colocation and tower leasing to help attract business and industry to the region. Since its inception in 2004, MBC has helped attracted major investments from data centers, call center/operations centers, advanced manufacturing, research and development, and bio-tech industries.
MBC is committed to providing economic development leadership to our rural communities, and establishing a west coast marketing office is a key component in that strategy.