Va. Beach logistics company to create 31 jobs
Regulus to lease an additional 12K square feet in the city
Virginia Beach-based logistics company Regulus Global LLC will add 31 employees and lease an additional 12,000 square feet in the city, the Virginia Beach Department of Economic Development announced Tuesday.
“For the last nine years Regulus Global has been a rapidly growing business, executing a medical, expeditionary and national security business worldwide,” Regulus Global CEO Will Somerindyke said in a statement. “We do that proudly from our Virginia Beach headquarters, where we have the privilege to employ and support our local community — such as recently securing much-needed medical supplies for Sentara, VCU [and] Chesapeake General.”
Regulus Global provides procurement and logistics services for global defense, security, intelligence and humanitarian sector clients. The company currently employs 26 people and leases 12,500 square feet at 1528 Taylor Farm Road in Virginia Beach, according to the Virginia Beach Department of Economic Development. The additional space will be located at 2641 Quality Court, approximately 3 miles from its headquarters.
“Warehousing and logistics are key areas where our community provides excellent opportunities in support of the Port of Virginia and other import and export activities,” Director of Economic Development Taylor Adams said in a statement. “We are pleased that Regulus Global has chosen to expand their operation in Virginia Beach to take advantage of the resources and assets we have here.”
The Virginia Beach Economic Development Authority will provide $46,500 in Economic Development Investment grant funding for job creation.