Hampton Roads Economic Development Alliance

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Latest News

12/18/2014

ANNOUNCEMENT: Becker Hydraulics USA Inc. Opens Manufacturing Facility in Chesapeake

The Hampton Roads Economic Development Alliance is pleased to announce that Becker Hydraulics of Herdorf, Germany will invest over half a million dollars in a manufacturing facility in the City of Chesapeake's Cavalier Industrial Park and create 10 new manufacturing jobs. Other locations include Ningbo, China and Seoul, South Korea.   The company will produce high pressure hydraulic hose systems as well as fuel and bio diesel hose assembly lines for various industrial applications and a multi...

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12/17/2014

ANNOUNCEMENT: Pacorini to Locate in Suffolk, Virginia

Pacorini, the largest provider of logistics services for the global coffee market, has selected a 150,000 square foot warehouse facility in Suffolk's Northgate Industrial Park for its newest location. The company will invest over half a million dollars in the newly leased facility while creating 10 jobs.   Pacorini is an Italian multinational group that provides logistics services for a broad range of commodities and general cargo. The group's American counterpart, known as Pacorini Global Se...

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12/17/2014

Newport News Shipbuilding Employees Receive Women in Business Awards

NEWPORT NEWS, Va., Dec. 16, 2014 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today that two employees at its Newport News Shipbuilding division were among the 18 women honored by Inside Business Monday night at the Norfolk Waterside Marriott. Mary Cullen and Brandi Smith received Women in Business Achievement Awards for their leadership skills and community engagement. Cullen is the nuclear director, general manufacturing, within the nuclear propulsion division at New...

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12/17/2014

Virginia Beach athletic apparel-maker expanding, adding 45 jobs

Dreamlight Inc., which makes high-end athletic apparel for high school, collegiate and national gymnastics teams, plans to invest $1.2 million to expand its Virginia Beach headquarters and add 45 jobs, the city says. The company, founded in Virginia Beach in 1989, currently employs 60 people and plans to buy the adjacent building at 1618 Centerville Turnpike to add 10,000 square feet to its current 15,000 square feet, according to a city news release. cCommentsGot something to say? Start the c...

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12/16/2014

State awards Gloucester $100,000 grant to help small businesses

Gloucester County was one of three Virginia communities to receive up to $100,000 for small business development, Gov. Terry McAuliffe announced earlier this month. The funding was a part of the Virginia Community Business Launch program and will be used for small business development strategies in the Gloucester Courthouse area of the county. For more information about the Virginia Community Business Launch, visit www.dhcd.virginia.gov. Source: Daily Press, December 15, 2014...

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12/12/2014

Northrop Grumman Renews Service Contract with Carisbrooke Shipping

Northrop Grumman Corporation (NYSE: NOC) has renewed its service agreement with U.K.-based Carisbrooke Shipping Limited.The contract will cover spares and labour for navigation systems, communication equipment and voyage data recorders onboard the 23 vessels, which include 6,000-, 8,000- and 12,500- Dead Weight Tonnage bulkers. Northrop Grumman Sperry Marine has supplied gyro compasses, autopilots, speed logs, radar and Electronic Chart Display Information Systems (ECDIS) to these vessels."This ...

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11/19/2014

Topgolf to invest $30 million in Virginia Beach entertainment facility

Texas-based Topgolf International said Tuesday it would open a 65,000-square-foot entertainment golf center in Virginia Beach next fall a couple miles away from Town Center. The company plans to invest nearly $30 million over the next three years. The Virginia Beach location at Interstate 264 and Newtown Road off Greenwich Road would be its third in Virginia. Texas-based Topgolf is bringing a golf entertainment complex to Virginia Beach next fall. This photo shows the Houston facility.Texas-ba...

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11/10/2014

Higherground: from a desk to a floor to an entire building

They hatched a plan for a company. In the beginning, it was a tough egg to crack. "We had a desk in the back of my friend's office," CEO Jimmy Strozier said. With help from business mentor Chuck Bradshaw and guidance from the Franklin Business Incubator, Highground Services Inc. grew steadily over seven years from one desk to one floor to an entire building. Highground - which provides electrical, instrumentation, engineering and environmental services - is graduating from the incubator...

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11/07/2014

Magazine names Ferguson 'Supply House of the Year'

A popular trade publication has named Ferguson its 2014 Supply House of the Year. Michigan-based Supply House Times recently awarded the Newport News-based company the title, according to a news release. Ferguson, the leading wholesale supplier of construction-related plumbing and heating products in North America, will be featured in the magazine's October edition. The Supply House Times is the official trade publication of the American Supply Association, a not-for-profit national organ...

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11/06/2014

Overhaul of aircraft carrier enters new phase at Newport News Shipbuilding

The $4.47 billion refueling and overhaul of the USS Abraham has entered a new phase at Newport News Shipbuilding in Newport News. The nuclear aircraft carrier has been moved from the shipyard’s dry docks to an outfitting berth in the James River where it will undergo final outfitting and testing. The move marks the end of the dry-dock phase of the carrier's mid-life refueling and complex overhaul (RCOH). The carrier arrived at Newport News Shipbuilding in March 2013 for its RCOH and is o...

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Annual Report

Image for Section featuring Annual Report
Take a few seconds to see what occupied us all year.

The Hampton Roads Economic Development Alliance publishes an annual report containing detailed information about our previous year’s achievements. The report provides the opportunity to learn of marketing activities and events the Alliance used to attract new businesses and to meet the ones that have most recently chosen to make Hampton Roads their home.

To view our most recent annual report, please click here.

 

Business Announcements

Business Announcements

Just like the companies we talk to, The Alliance is always on the move. Check back often for updated stats and figures on the region’s new business announcements and company expansions.

Hampton Roads Employment Creation and Capital Investment Summaries

2013 – Company Openings and Expansions
2012 – Company Openings and Expansions
2011 – Company Openings and Expansions
2010 – Company Openings and Expansions
2009 – Company Openings and Expansions

Note: These summaries are populated via data provided by the Virginia Economic Development Partnership and are available in a sortable format within VEDP’s Virginia Announcements Database

News Archive

2014 Articles

12/18/2014  ANNOUNCEMENT: Becker Hydraulics USA Inc. Opens Manufacturing Facility in Chesapeake

12/17/2014  ANNOUNCEMENT: Pacorini to Locate in Suffolk, Virginia

12/17/2014  Newport News Shipbuilding Employees Receive Women in Business Awards

12/17/2014  Virginia Beach athletic apparel-maker expanding, adding 45 jobs

12/16/2014  State awards Gloucester $100,000 grant to help small businesses

12/12/2014  Northrop Grumman Renews Service Contract with Carisbrooke Shipping

11/19/2014  Topgolf to invest $30 million in Virginia Beach entertainment facility

11/10/2014  Higherground: from a desk to a floor to an entire building

11/07/2014  Magazine names Ferguson 'Supply House of the Year'

11/06/2014  Overhaul of aircraft carrier enters new phase at Newport News Shipbuilding

10/23/2014  Ferguson breaks ground on new Newport News showroom

10/21/2014  Jane Batten, Norfolk Southern to receive Darden awards

10/17/2014  NY-based company to build $23M research facility at NASA Langley in Hampton

10/15/2014  Green Flash breaks ground in Virginia Beach

10/09/2014  TCC, Chesapeake schools create mechatronics career pipeline

09/17/2014  Port posts record-setting month in August

09/08/2014  Williamsburg officials talk economic development during goal-development retreat

09/05/2014  Peninsula Technology Incubator in Hampton wins $50,000 in SBA competition

09/03/2014  $5B natural gas pipeline may run through Virginia

09/02/2014  Virginia receives STEM-H grant

08/20/2014  Chesapeake Bay oysters featured in new Virginia Oyster Trail campaign

08/04/2014  Newport News Shipbuilding gets $49.6 million contract

08/04/2014  Newport News Shipbuilding gets $49.6 million contract

08/04/2014  Newport News Shipbuilding gets $49.6 million contract

07/30/2014  Dollar Tree to acquire Family Dollar

07/25/2014  Newport News airport expects better passenger numbers with more flights

07/21/2014  How will Panama Canal expansion affect the Port of Virginia?

07/17/2014  Company to invest $1.56 million and create 600 jobs at Fort Monroe

07/15/2014  TowneBank Announces Agreement To Acquire Franklin Financial Corporation

07/14/2014  Port of Hampton Roads breaks record for June

07/11/2014  Bank of America donates grant

07/10/2014  Huntington Ingalls Industries plans on-site health centers

07/09/2014  Tech Center neighbors renovate to prepare for new business from development

07/09/2014  College offers logistics certificate

07/07/2014  JLL’s Hampton Roads office reports transactions totaling more than 334,000 square feet

07/07/2014  Gov. McAuliffe returning to 'normalcy' in filling positions on the VPA board

07/07/2014  Waterfront office building in Portsmouth to be auctioned

07/03/2014  VIRGINIA BEACH ARENA PROPOSAL Next topic is infrastructure with new report from Kimley-Horn expected to provide estimated cost of upgrades

07/01/2014  People Express flights take off to applause, water cannons

06/30/2014  COLD STIHL Norfolk gains an edge by hosting Timbersports Championships inside air-conditioned Scope

06/30/2014  Virginia ranks 7th for private equity investments as the state's 4th District in Hampton Roads ranks among top 20

06/27/2014  Small businesses give Beach high grades in nationwide survey

06/23/2014  Norfolk terminals get a software upgrade

06/19/2014  Alcoa to invest $25 million, create 75 new jobs in Hampton

06/19/2014  State transportation board OKs $13 billion plan, three major projects for region

06/19/2014  MacArthur Center to get new owner

06/17/2014  MEAS buys Norway firm for $114.5M

06/17/2014  Thomas Nelson gets the most - a third of nearly $3 billion - in manufacturing software grants

06/17/2014  Beach's Warren Harris named to Wheeler REIT board

06/06/2014  New airline service to begin on Peninsula

05/29/2014  Hampton Roads jobless rate nears five-year low

05/29/2014  EVMS, William & Mary partner in dual degree program

05/29/2014  Q&A with John Lawson, CEO of W.M. Jordan

05/14/2014  2015 defense proposal mostly spares Hampton Roads

05/14/2014  Why Williamsburg unemployment figures don't add up: State admits its formula less accurate for small cities

05/13/2014  Smithfield Foods earns Chancellor’s Award

05/13/2014  Jefferson Lab in Newport News to hold open house

05/12/2014  Developer Bruce Thompson says there could be horses and bourbon at the Cavalier plus a jewel of a hotel downtown

05/12/2014  Eight Virginia cities identified as ‘millennial magnets’ by USA Today

05/08/2014  Dominion gets $47M for offshore wind project off Virginia Beach coastline

05/07/2014  Smucker's to expand in Suffolk, Massimo Zanetti to make single-serve coffee cups, and more

05/06/2014  W&M, EVMS announce business master's program for medical students

05/05/2014  01. Bruce Thompson

05/01/2014  Apprentice School, ODU create partnership

04/25/2014  Northrop Grumman relocates 30 workers to Hampton

04/23/2014  Huntington Ingalls, ODU to partner on bachelor's degree programs

04/23/2014  Port of Virginia earns slight profit in March, ending seven-month streak of losses

04/21/2014  Continental Terminals extends lease in Suffolk

04/08/2014  Chrysler to export Jeeps at long vacant Portsmouth port

04/03/2014  McAuliffe promises fast track on Hampton Roads commission projects

04/02/2014  Unemployment rates in Virginia dropped in February

04/01/2014  Speak with one voice Consolidate our advocacy efforts to help Hampton Roads' economic initiatives

04/01/2014  PUBLIC FILES Norfolk Southern sets revenue record

04/01/2014  Ghent Station breaks ground in Norfolk

03/27/2014  Virginia Beach turns to technology to boost site selection.

03/26/2014  Town Center of Virginia Beach leases more than 240,000 square feet

03/24/2014  Virginia Beach mayor envisions health care cluster

03/21/2014  Independent research finds $812 million in hidden annual disposable income in Hampton/Newport News.

03/19/2014  Beach City Council impressed by maglev presentation

03/18/2014  Virginia unemployment falls to 5 percent

03/17/2014  Fast start in 2014 for Hampton Roads ports

03/03/2014  Fourth-quarter profit rises at Huntington Ingalls Industries

02/26/2014  Mayors support third tunnel with transit

02/24/2014  Norfolk mayor announces more downtown apartments from Gadams

02/24/2014  State of the port will get better, new director says

02/19/2014  Dominion to bid on wind-energy tract off the Maryland coast

02/19/2014  Virginia ranks third in country for green building

02/18/2014  Senate's proposed budget includes $10 million for Norfolk light rail plan

02/14/2014  Newport News leads Virginia in manufacturing job gains in 2013

02/12/2014  Virginia merchandise exports totaled nearly $18 billion in 2013

02/11/2014  Sen. Warner: Hampton Roads could be Silicon Valley of composites

02/06/2014  Smithfield CEO: Things going well with Chinese parent firm

02/04/2014  Hampton Roads absorption rates track positive for office and industrial

02/04/2014  TowneBank reports record profits in 2013

01/31/2014  Leonard Sledge, director of Hampton Economic Development, in First Person

01/28/2014  Unemployment numbers drop in Virginia

01/24/2014  Most U.S. stocks rise, led by Norfolk Southern as Coach tumbles

01/23/2014  HREDA is preparing for its Annual Meeting and Investor Luncheon

01/21/2014  Port set record container, rail volumes in 2013

01/17/2014  I-64 widening gets 2-mile bump from new regional tax

01/16/2014  Economist: Business investment, consumer spending to increase in Historic Triangle in 2014

01/16/2014  U.S. Property Markets Post Strongest Sales Volume Since 2007

01/15/2014  Proposed outlet mall would bring 90 stores to Norfolk

01/13/2014  Norfolk City Council to hear proposal for outlet mall at Lake Wright Golf Course

01/13/2014  Commander Shepard Boulevard extension opens Wednesday

01/13/2014  HAMPTON ROADS STILL HAS FRIENDS IN RICHMOND Seven of McAuliffe's cabinet picks have ties to the region

01/08/2014  Hampton Roads unemployment rate dips to 5.5 percent

01/08/2014  2014 WHAT'S AHEAD Real estate

01/07/2014  Hampton may give $428,000 to developer for 'science park'

01/03/2014  Town Center merchants celebrate New Year's Eve party

01/02/2014  Suffolk Ranks in Top 10

2013 Articles

12/23/2013  Most of Hampton Roads' public companies loving 2013

12/18/2013  Business incubator for Historic Triangle gets a new name

12/17/2013  German underwater vehicle manufacturing company plans to move product line to Virginia Beach

12/11/2013  Rail advocates lay out future of Amtrak in Virginia

12/10/2013  Huntington Ingalls opens Apprentice School in Newport News

12/09/2013  Norfolk mayor updates downtown's development and residential projects

12/09/2013  Dominion Virginia Power to Install State's Largest Rooftop Solar Project at Canon's Gloucester Facility

12/06/2013  InterNations expat group sets up in Hampton Roads

12/05/2013  Norfolk named as one of inaugural 100 resilient cities

12/05/2013  I-64 widening receives important federal approval

12/03/2013  Officials enthusiastic about wind power possibilities

12/03/2013  Norfolk holds grand opening for passenger rail station

12/02/2013  Peninsula roads and bridges on priority list

12/02/2013  New apprentice school set to open

11/26/2013  Newport News STEM students show off during "take your lawmaker to school day"

11/25/2013  Hampton Roads companies make "military-friendly" list

11/22/2013  Green Mountain Coffee reports 38 percent jump in profit

11/22/2013  Virginia unemployment rates mostly drop since August

11/21/2013  York Supervisors OK growth of Marquis shopping center

11/14/2013  Governor McDonnell Oceaneering International to Invest and Expand in City of Chesapeake

11/12/2013  Portfolio Recovery Associates to add 45 jobs in Norfolk

11/12/2013  New enterprise zone designation in Portsmouth brings incentives

11/12/2013  Arena proposed again at Virginia Beach Oceanfront

11/07/2013  Huntington Ingalls reports profit increase of 20 percent

11/06/2013  PDCCC offers new career certificate

11/01/2013  Hampton Roads Chamber of Commerce CEO named

11/01/2013  Maersk Line Ltd. CEO to head Virginia Port Authority

10/28/2013  Hampton plans science park as business stimulus

10/25/2013  NN mayor touts city's accomplishments

10/25/2013  Regional Employment Release Suggests Impressive Growth

10/24/2013  DESMI Inc. expanding Chesapeake manufacturing facility

10/23/2013  PEOPLExpress names CEO, plans to start takeoffs in 2014

10/22/2013  Commerce park says ‘thanks’

10/22/2013  Va. Beach receives two more train service proposals

10/21/2013  Hampton Roads unemployment rate falls to 5.9 percent

10/21/2013  Portsmouth gets Virginia enterprise zone designation

10/18/2013  State sets up four enterprise zones

10/18/2013  Newport News is on list of top 100 small cities in which to live

10/17/2013  What has the Hampton Roads Economic Development Alliance been up to?

10/13/2013  Lipton plans to unveil new tea energy drink

10/11/2013  Home sales could create sustainable Fort Monroe

10/10/2013  Hampton on top ten list of America's Hardest working mid-size cities

10/03/2013  Affiliates of Harbor Group buy properties

10/03/2013  Hampton Roads is site of some key scenes in Captain Phillips

09/26/2013  Forbes: Virginia is tops for business

08/08/2013  Hampton Farms selects Southampton County for new peanut butter production plant

08/08/2013  Carson Helicopters to locate at Fort Monroe in Hampton Roads

06/28/2013  Market gains drive INIT expansion in Chesapeake

06/13/2013  Cosentino North America selects City of Hampton for new location

05/03/2013  8 Hampton Roads companies listed among "Fantastic 50"

05/03/2013  Virginia ranked #3 state for innovation and #5 in growth and economic performance

05/02/2013  Virginia Beach named a city of the future by fDi magazine

04/17/2013  Virginia earns 'A' grade from small businesses for 2nd year in a row

04/10/2013  Norfolk OKs $126 million hotel-conference center

03/26/2013  Policom Corporation ranks Hampton Roads' economic strength 28th in the nation

03/19/2013  Sequester a wake-up call for local business diversity?

03/11/2013  Lipton brews $96 million deal to stay in Suffolk

02/25/2013  Liebherr in Newport News adding 174 jobs

02/13/2013  Grandwatt Electric Corporation to open new facility in Suffolk

01/04/2013  AMAC Leasing selects Southampton County for new operation

2012 Articles

09/11/2012  Policom Corporation ranks Hampton Roads' economic strength 25th in the nation

08/08/2012  ODU again rated one of nation's best colleges to work for

07/20/2012  FSEDI forms partnership with The Hollingsworth Companies

06/20/2012  Virginia's employment to expand this year and in 2014

04/23/2012  Transportation Survey

04/18/2012  Norfolk among hardest-working American towns

02/28/2012  MCO Transport, Inc. expands operation into Chesapeake

01/20/2012  INIT, Simtech Launch New Manufacturing Facility

2011 Articles

06/29/2011  Virginia is Back on Top!

06/05/2011  Virginia Awarded Silver Shovel from Area Development Magazine

04/05/2011  ESS Expands Offshore Wind Energy Development in Hampton Roads

02/11/2011  Northrop-Gamesa partnership a 'tremendous vision'

02/08/2011  Hampton Roads Region Showcased on Delta Destinations In-Flight Video

02/01/2011  Northrop-Gamesa wind-power venture chooses Chesapeake

01/24/2011  NASA Langley researcher studies wind energy captured by flying turbines

01/18/2011  Reeling In More Big Players

2010 Articles

11/30/2010  Hampton Roads' economic performance ranked high globally

11/03/2010  German maker of meters opens Chesapeake office

10/14/2010  NASA Langley engineers helped design miners' rescue pod

10/06/2010  Gamesa and Northrop Grumman Shipbuilding Join Forces in Offshore Wind Technology

09/27/2010  Hampton Roads' spirit takes flight in airline magazine

09/23/2010  Tech-defense company bringing 200 jobs to Suffolk

09/10/2010  Norfolk Southern's project opens route to Midwest

09/08/2010  Hampton Roads Among Top 20 Mid-Size Metros For College Students

08/27/2010  Four local firms make Inc. 500 list

08/13/2010  Virginia takes the No. 1 spot - again

08/10/2010  Isle of Wight bags state award

08/06/2010  Firm ranks Virginia No. 1 in the nation for business

07/30/2010  Hampton Roads ranks 42nd in exports

07/16/2010  VA makes case for offshore wind

07/12/2010  Hampton Roads firms score big in defense contracts

07/07/2010  Hampton Roads in nation's top 15 for volunteerism

06/22/2010  Doug Williams named GM for Norfolk's new UFL

06/21/2010  Doyon Government Group opens office in Newport News

06/11/2010  Hampton Roads remains economically strong, diverse and a major force in the Virginia economy

06/10/2010  Education to Employment in Hampton Roads

06/08/2010  Virginia Beach Boardwalk among Nation's Best

06/02/2010  Region's Unemployment Rate Falls to 7.1% in April

06/02/2010  Major International Defense Contractor Expected to Land in Hampton Roads

05/27/2010  Orion Air Group to Consolidate Operations to Newport News

05/26/2010  Good News - Hampton Roads Economy Showing Signs of Improvement

05/24/2010  Isle of Wight County Contender for Distribution Center

05/19/2010  NASA Langley to lead new technology program

05/14/2010  Port of VA and APM Terminals Reach Agreement

05/05/2010  ODU launches Business Gateway

04/22/2010  Navy to delay carrier relocation to Mayport

03/29/2010  MetroMonitor

03/25/2010  Craney Island

03/25/2010  USJFCOM

03/09/2010  Job Recovery in Hampton Roads

2009 Articles

11/24/2009  Technology in Hampton Roads

11/24/2009  Top State for Business

11/24/2009  Hampton Roads Economy

11/23/2009  Greatest Places Ranking

11/19/2009  Hampton Roads

2008 Articles

10/06/2008  Darryl Gosnell Chosen as New Alliance President

07/22/2008  Safco Products Company to Invest $17 Million in Hampton Roads

07/02/2008  Large M&S Training Firm Opens Office in Suffolk [CAE]

04/22/2008  Hampton Roads Tied for 2nd as Top Market in the South

03/27/2008  Weak Dollar Increases Interest in Region

2007 Articles

InRoads

Find out what’s new at the Alliance.

The Hampton Roads Economic Development Alliance publishes a monthly newsletter to keep its public and private sector investors apprised of business news and trends, important statistical data and analysis, information about the health and vitality of the Hampton Roads area, and also to summarize the Alliance’s efforts in marketing Virginia’s Hampton Roads region.

Below is the latest issue of inRoads, posted on December 15, 2014 :

 

Further Improvements to HREDA Website

The Alliance launches an upgraded version of the already-existing “Key Industries” section.

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HREDA Achieves Reaccreditation Success

The Alliance is one of 43 organizations in the country to be recognized by IEDC.

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HREDA Gains Interest on Twitter

The Alliance now counts more than 2,000 followers on Twitter.

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Investor Spotlight

The Alliance welcomes its newest investor: Norfolk Waterside Marriott.

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InRoads Article Archive