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Frederick County's Corporate Services Sector

Frederick County's corporate services sector plays a vital role in Frederick County's economy. Over the last decade, companies like YHB, Trex, Navy Federal Credit Union. FEMA, FBI, and American Woodmark have made significant investments in expanding their presence in Frederick County. 

  • YHB | CPA's & Consultants is one of the Nation’s leading firms in tax, assurance, and advisory. YHB opened its new HQ facility in Frederick County in 2025.
  • American Woodmark's Frederick County headquarters is a hub overseeing more than 10,000 employees and 18 manufacturing and distribution facilities located across North America.  
  • Frederick County welcomed Trex Company more than 25 years ago. Since then, Trex has invested, defined, and perfected the composite deck category, becoming the world's No. 1 brand in outdoor living. In 2023, Trex opened its new headquarters facility in the City of Winchester, Frederick County's city center. Trex also operates two manufacturing facilities in Frederick County, along with logistics operations and Trex University.
  • The Federal Bureau of Investigations consolidated more than 265 locations into a central records facility in Frederick County.
Expansion - Navy Federal Credit Union

Photo: Since first opening a 50,000 sq. ft. facility in Frederick County in 2006, with 60 employees, Navy Federal has grown its Frederick County presence to a 400,000 sq. ft. campus setting on 61 acres that includes three state-of-the-art buildings supporting more than 3,200 employees.

Virginia's HQ & Business Process Services Sectors

The last few decades have solidified Virginia’s position as America’s hometown for corporate headquarters. In just the past ten years, more than 500 companies have relocated to or expanded their headquarters offices in Virginia, attracted to its combination of diverse, world-class talent, exceptional quality of life, stable business climate, and competitive costs.

HQ Operations in Virginia 

Virginia’s vibrant business ecosystem supports a fast-growing BPS industry of over 2,700 companies in a range of BPS segments – including back-office and business support services, call centers, and consulting. Industry leaders in Virginia include ADP, Navy Federal Credit Union, GEICO, T-Mobile, and EY.

BPS Operations in Virginia

Employment Snapshot

1,757

Employed in Management of Companies & Enterprises*
Winchester VA-WV MSA

 3,204

Employed in Management of Companies & Enterprises*
45-Minute Drive-Time

$161,372

Average Annual Industry Wage:
Management of Companies & Enterprises*

45-Minute Drive-Time

 1,425

Human Resource Specialists**
45-Minute Drive-Time

Average Annual Wage
$84,200

2,245

Business Operations Specialists**
45-Minute Drive-Time

Average Annual Wage
$93,100

 1,481

Project Management Specialists**
45-Minute Drive-Time

Average Annual Wage
$107,000

JobsEQ® Industry Snapshot, 2024Q4
** JobsEQ® Occupation Snapshot, 2024Q4

Employer Snapshot

Company Focus
 Navy Federal Credit Union Operations Center & Banking
 Federal Emergency Management Agency Operations Center
 Trex HQ, Manufacturing, Logistics, Trex University
 Valley Health System Regional Managing Office, Healthcare
 Federal Bureau of Investigation Records Facility, Back Office
 Army Corps of Engineers Back Office
 American Woodmark HQ
 Darling Ingredients Managing Office 
 YHB CPAs & Consultants Accounting Services