Entries by Chesapeake Economic Development

A New $300 Million Urban Mixed-Use Center Comes to Chesapeake, VA

CHESAPEAKE, Va., Feb. 22, 2018 /PRNewswire/ — Summit Pointe Realty, LLC today unveils plans for the continued development of Summit Pointe, Chesapeake’s newest, largest and tallest urban lifestyle community. Representing a projected investment of over $300 million of development in multiple phases, this first phase emphasizes a new form of urban living, workplace solutions, entertainment […]

Governor McAuliffe Announces Electric Motor & Contracting to Invest $3 Million to Expand in the City of Chesapeake

~Company to retrain 130 employees with support from the Virginia Jobs Investment Program~ JANUARY 12, 2018 – Electric Motor & Contracting (EMC) will invest $3 million to expand its manufacturing operation in Chesapeake. The company has constructed a state-of-the-art, 22,500-square-foot expansion to its existing nuclear services building, which is used for servicing highly engineered critical rotating equipment for […]

Governor McAuliffe Announces $10 Million Investment in the City of Chesapeake

~ Sumitomo Machinery Corporation of America to create 26 new jobs, expand manufacturing operation ~ RICHMOND – Governor Terry McAuliffe today announced that Sumitomo Machinery Corporation of America (SMA) will invest $10 million to expand its manufacturing operation in the City of Chesapeake. The company will add 100,000 square feet to its North American headquarters at […]

Chemres – Governor McAuliffe Announces $3 Million Investment in the City of Chesapeake

~ Chemres to expand resin production operation, create 16 new jobs ~ RICHMOND – Governor Terry McAuliffe today announced that Chemres, a global supplier of commodity and engineering resins, will invest $3 million to expand its resin production operation in the City of Chesapeake. The company will purchase additional machinery and equipment. Virginia successfully competed […]

Standard Calibrations, Inc. – Governor McAuliffe Announces 150 New Jobs in the City of Chesapeake

~ Standard Calibrations, Inc. to invest more than $508,500 to expand its engineering operation ~ RICHMOND – Governor Terry McAuliffe today announced that Standard Calibrations, Inc. (SCI), a global instrumentation and controls company, will invest more than $508,500 to expand its engineering operation in the City of Chesapeake. SCI is experiencing rapid business growth due […]

EDAC December 2017

December’s EDAC meeting will be held on Friday, December 8, 2017 from 8:00 am – 9:00 am at Cox Business. In light of the Holiday Season, the presentation will include a variety of speakers from local nonprofits. Next meeting we will be collecting canned and non-perishable food items to benefit local families in need. Please […]