Regional News

The Hampton Roads Economic Development Alliance is Pleased to Announce that Pacorini will Locate in Suffolk
Pacorini, the largest provider of logistics services for the global coffee market, has selected a 150,000 square foot warehouse facility in Suffolks 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.
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 Chesapeakes Cavalier Industrial Park and create 10 new manufacturing jobs. Other locations include Ningbo, China and Seoul, South Korea.
Virginia Department of Defense (DoD) Procurement Economic Impact Evaluation Model
The evaluation model, created by Chmura Economics & Analytics, is made up of a supply-chain mapping of DoD contract awards, including sales and employment impacts from product service codes to industries and occupations.
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