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Hampton Roads Alliance
Hampton Roads Alliance3 days ago
As the demand for nuclear-powered submarines increases, Newport News Shipbuilding said it’s working to hire 3,000 skilled trades workers this year and a total of 19,000 within the decade. Last year, the Hampton Roads Workforce Council reported that the region’s maritime shipbuilding vacancies could increase to 40,000 by 2030 if measures to build capacity weren’t taken, while U.S. Navy Secretary Carlos Del Toro said in December that the U.S. shipbuilding industry will need 150,000 new qualified workers in the next 10 years. As a result, NNS is working with the Navy’s submarine industrial base office and the Hampton Roads Workforce Council to reach potential new employes.
Hampton Roads Alliance
Hampton Roads Alliance4 days ago
According to Southern Living magazine, Colonial Williamsburg is one of 23 treasure troves of “authentic locales in the South that each offer an experience you can only have there.” In a special edition of this month’s magazine, an online survey among the magazine’s readers rates their favorite places across the South for its 2024 awards. More than 20,000 people responded and ranked City of Williamsburg, Virginia - Municipal Government as second in the South’s top 20 small towns!
Hampton Roads Alliance
Hampton Roads Alliance5 days ago
Governor Glenn Youngkin today announced that FreezPak Logistics, LLC, a leading provider of full-service cold and dry storage services, is investing $77.5 million to construct a 245,000-square-foot cold storage facility in the City of Suffolk, VA - Municipal Government to serve the Mid-Atlantic region, via The Port of Virginia. The project will create 80 new jobs for the region! The Alliance was proud to work alongside Suffolk VA Economic Development Department #YesSuffolk and the @viVirginia Economic Development Partnership on this announcement. Read more: https://ow.ly/Ese750QTmLR

Newport News, VA

The City of Newport News is the third largest city in Hampton Roads and the fifth largest city in Virginia. Sitting on a prime vantage point where the James River meets the Chesapeake Bay, the city runs approximately 23 miles along the James River and the Hampton Roads Harbor. Steeped in history, Newport News is a vibrant, transformational metropolitan city that balances economic activity and livability. Among the City’s business-friendly attributes are a resilient and innovative economy, favorable labor climate, highly productive workforce, outstanding quality of life and nationally recognized schools.

Industry Highlights

Jefferson Lab, a world-class national laboratory specializing in particle physics, has been present in Newport News for over 30 years. During that time, the Lab has won over $3.2 billion in federal funding and made groundbreaking discoveries in nuclear physics. This unique and important science asset, attracting over 1,600 international users annually, is a significant contributor to the local economy.

City Center at Oyster Point, the Peninsula’s Central Business District and home to several major corporate headquarters, is a public-private partnership boasting over $300 million in capital investment. This mixed-use development offers over 1,000,000 square feet of office, retail and entertainment space, more than 600 units of luxury residential development, and a 256-room full-service Marriott hotel and conference center.

Quality of Life

With world-class education, entertainment, dining, and recreation, Newport News is a place where great things are happening!

The City is home to a fully accredited, award-winning, technology-driven school system. Newport News Public Schools provide a full range of education services to over 28,000 students in 4 early childhood centers, 24 elementary, 7 middle and 5 high schools, 1 combination middle/high school, and 9 program sites.

The Patrick Henry corridor along Jefferson Avenue, anchored by Patrick Henry Mall, is home to some of the most desirable specialty retailers on the Virginia Peninsula. There is a great selection of dining options, from regional and ethnic restaurants to elegant locally-owned facilities to popular chain restaurants.

Data

Industry Employment Breakdown

Industry # of Employees % of Workforce
Manufacturing 28,009 45.05%
Health Care and Social Assistance 12,771 20.54%
Administrative and Support and Waste Management and Remediation Services 6,214 9.99%
Professional, Scientific, and Technical Services 4,750 7.64%
Management of Companies and Enterprises 2,440 3.92%

Source: EMSI

Demographics

Population
178,277
Median Age
34.4
Labor Force
90,117
Unemployment Rate
3.4%
Median Household Income
$51,198
Sources: U.S. Bureau of Labor Statistics, Esri Business Analyst Online

Key Companies

Canon Virginia, Inc

Ferguson Enterprises

Huntington Ingalls Industries/Newport News Shipbuilding

Riverside Health System

Virginia Health Services, Inc.

City of Newport News Department of Development

Ms. Florence G. Kingston, Director
(P) 757-926-8428
fkingston@nnva.gov
www.nnva.gov/development

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Hampton Roads Alliance
3 Commercial Place, Suite 1320
Norfolk, VA 23510
P: (757) 627-2315
F: (757) 623-3081

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