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Hampton Roads Alliance
Hampton Roads Alliance2 days ago
The U.S. aerospace and defense industry is facing a workforce shortage due to the COVID-19 pandemic, with an estimated 3.5 million vacancies likely by 2026. In addition to Virginia being the No. 1 state in defense spending, Hampton Roads is “well-positioned” in the war for talent with roughly 14,000 service members transitioning out of the military annually and about half remaining in the region. The Alliance, along with its peers at the Hampton Roads Workforce Council and the Hampton Roads Military and Federal Facilities Alliance recently spoke with Business Facilities on how Hampton Roads is ensuring the current workforce is prepared for the future, and looking for opportunities to create a resilient aerospace and defense industry in the years ahead.
Hampton Roads Alliance
Hampton Roads Alliance2 weeks ago
Governor Glenn Youngkin announced yesterday that Katoen Natie Norfolk Inc., a plastics and polymers warehousing and distribution company and subsidiary of Katoen Natie, will invest $59.9 million to expand in the City of Norfolk! The company will add a 450,000-square-foot warehouse, a rail yard, and expand its existing rail spur to meet increased demand. Virginia successfully competed with Georgia and South Carolina for the project, which will create 76 new jobs.

Parent company Katoen Natie is an international logistics service provider and port operator founded in 1854 and headquartered in Belgium. Katoen Natie is present in 35 countries on five continents, employing 15,000 worldwide. The Alliance worked with the City of Norfolk, the Virginia Economic Development Partnership, the Virginia Department of Rail and Public Transportation, and The Port of Virginia to secure the project for Virginia.

Read more: https://ow.ly/6mto50Q9TOL
Hampton Roads Alliance
Hampton Roads Alliance2 weeks ago
DOMA Technologies (DOMA), a USA-headquartered software and digital transformation company, will invest $3.7 million to expand in the City of Virginia Beach, creating 307 new jobs. The company’s new 69,000-square-foot headquarters facility will house nearly 500 total employees within the next three years. DOMA Technologies was founded in Virginia Beach, Va. in 2000 as a cloud-based document management company that realized a need for a holistic approach to document management and emerging cloud technology. Congratulations to our partners at the City of Virginia Beach and VEDP on this exciting announcement!

How We Can Help You

It is our goal to create the most connected regional business community. To facilitate this effort, the Alliance focuses on the following service areas:

Through collaboration with our community and business partners, the Alliance serves as the region’s single point of contact for corporate decision makers and site selection consultants who are seeking assistance with real estate site selection, data analysis, workforce development, educational resources, business services and more. All business attraction, retention and expansion assistance is confidential and provided at no cost, to domestic and international companies considering Hampton Roads.

The Hampton Roads Alliance works collaboratively and aggressively to attract, grow and retain higher-wage industries and talent to create a more resilient, inclusive and diverse region of choice. These efforts include:
  • Marketing Hampton Roads as a globally competitive location for businesses and talent
  • Leading collaborative processes across peer organizations to leverage complementary assets and strengthen coordinated action
  • Engaging the region’s top business, academic, and elected leaders to understand key trends impacting the region's economic competitiveness
  • Facilitating decision processes for companies who are considering Hamptons Roads for new business investments and expansions
  • Providing assistance to existing businesses that foster growth in Hampton Roads
  • Utilizing multiple databases and statistical platforms to provide relevant, comprehensive, and up-to-date reports and research for our prospects, partners and more
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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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