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Economic Development 2023: DOUG SMITH
PRESIDENT AND CEO, HAMPTON ROADS ALLIANCE, NORFOLK
After serving as Norfolk’s city manager and Virginia Beach’s deputy city manager, Smith now leads the Hampton Roads Alliance, the regional economic development organization representing 14 municipalities and numerous private-sector
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Air compressor maker plans $7.4M Norfolk expansion
Bauer Compressors Inc. expects to create 47 jobs
Published
Norfolk-based Bauer Compressors Inc., a subsidiary of Munich-based Bauer Kompressoren Group, will invest $7.4 million to expand its production capacity in Norfolk, creating an estimated 47 jobs, Gov. Glenn Youngkin
Chesapeake preps 1,400-acre industrial park
Published
Whenever a big economic development announcement from another state pops up in the news, Hampton Roads Alliance President and CEO Doug Smith can count on his phone ringing. “I get
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Tech manufacturer to add 32 jobs in Newport News
Mühlbauer Inc. will invest $9M to expand operations
Published
Newport News-based automated machinery designer Mühlbauer Inc. will invest $9 million to expand its Newport News operation, a project expected to create 32 jobs, Gov. Glenn Youngkin announced Thursday. Mühlbauer
SW community colleges to create wind manufacturing workforce
4 community colleges signed MOU as part of InvestSWVA initiative
Published
The presidents of four community colleges in Southwest Virginia signed a memorandum of understanding Wednesday to establish a wind manufacturing workforce development partnership. “Today’s MOU signing is meaningful because it
Recycling joint venture to create 210 jobs in Chesapeake
Kamine Development Corp. and Nicollet Industries LLC will invest $276M
Published
Two sustainable development companies — New Jersey-based Kamine Development Corp. and Minnesota-based Nicollet Industries LLC — will invest $267 million to establish a joint venture paperboard recycling and production facility
Southwest Va. project will help manufacturers enter wind energy supply chain
InvestSWVA launches Project Veer to connect equipment manufacturers with partners
Published
Public-private campaign InvestSWVA announced Tuesday the launch of an economic development initiative designed to help Southwest Virginia manufacturers find entry points in the supply chain for wind energy equipment components.
Norfolk software company to expand, create 37 jobs
SVT Robotics will invest about $100,000 in a lab
Published
A Norfolk-based software company will expand its operation and create 37 jobs, Gov. Ralph Northam announced Thursday. SVT Robotics, a company that accelerates the deployment of industrial robotics, will invest
Offshore wind coworking space opens in Norfolk
ODU, Hampton Roads Alliance and state behind the Landing
Published
The growing offshore wind industry in Hampton Roads caught another gust Wednesday with the opening of a coworking and networking space in Norfolk’s World Trade Center. The hub, called the
757 economic recovery plan focuses on cooperation
Community pride, encouraging new and resilient industries part of new framework
Published
At a Thursday news conference, Hampton Roads regional leaders unveiled a new economic recovery plan for the next two years that focuses on cooperation and resiliency. Hampton Roads Alliance President