Existing and Expanding Business

Chesapeake’s vibrant business community offers unparalleled opportunities for our existing companies to expand, innovate and transform.

Dollar Tree Inc. developed into a Fortune 500 company, right here in Chesapeake, improving its ranking of No. 499 in 2009 to become No. 330.. Start-up business, Big Ugly Brewing Company used innovative tactics to open a craft-brewery.

Innovation and transformation are intricately woven together in Chesapeake. It’s no wonder that 20 percent of the region’s largest employers, like Canon, Capital One, Cox Communications, General Dynamics, Dollar Tree and USAA, are located in our city. Year after year, Chesapeake’s economy continues to generate multi-million dollar business investments and high-demand jobs. With connected transportation networks, diverse industry sectors, and a skilled 21st century workforce, Chesapeake is a thriving business center like no other.

Find out today how your company can prosper in Chesapeake.

Existing Industries

Defense Technologies, Services and Support

Healthcare

Professional Business Services and Technology

Maritime, Logistics and Transportation

Manufacturing Leisure and Hospitality

Retail Development

Top 20 Existing Business Employers

Chesapeake Regional HealthcareBae Systems
Chesapeake Regional Medical CenterLifetouch National School Studio
Cox CommunicationsOceaneering Marine Services
Capital OneUSUI International Corporation
Dollar TreeSumitomo Machinery Corporation
QVC ChesapeakeFlowserve
USAASentara
Canon Information TechnologyMitsubishi Chemical
General DynamicsSmith & Keene Electric
First Data ResourcesChubb & Son

Workforce Distribution by Industry

  • Among the lowest worker’s compensation insurance rates in the Country
  • Civilian labor force exceeds 125,000 for Chesapeake
  • Salaries below the national average
Workforce by Industry
Retail Trade16.12%
Healthcare & Social Assistance10.19%
Accommodation and Food Services9.68%
Construction8.77%
Professional Scientific & Technical Services8.60%
Education Services8.33%
Admin. Support, Waste Management, Remediation7.21%
Transportation and Warehousing4.56%
Manufacturing 4.43%
Public Administration4.35%
Other Services (except Public Administration)3.93%
Wholesale Trade3.76%
Finance & Insurance3.56%
Information2.25%
Real Estate and Rental and Leasing1.34%
Arts, Entertainment, and Recreation1.14%
Management of Companies and Enterprises1.11%
Utilities0.24%
Unclassified Establishments0.18%
Source: Virginia Employment Commission, Quarterly Census of Employment and Wages-Q1, 2017

Business Partners

  • Hampton Roads Chamber of Commerce
  • Hampton Roads Economic Development Alliance
  • Virginia Economic Development Partnership
  • Genedge Manufacturing Alliance

Workforce Partners

  • Opportunity Inc. of Hampton Roads
  • Tidewater Community College Workforce Department
  • Virginia Employment Commission
  • Southeastern Virginia Rapid Response Team

Educational Partners