Plasser American to Expand in Chesapeake, Creating 98 New Jobs

Manufacturing Headquarters Operation to Grow and Expand here in Chesapeake

Chesapeake, Virginia – Plasser American Corporation, who began their headquarters operations in the City of Chesapeake in 1970, will invest $52.6 million to expand, grow, and prosper here by adding a 60,000-square foot, four-story office building, and incubator space, with a new manufacturing facility (82,000 Sq. Ft.) and a revamped industrial paint booth. An increased demand, and a growing clientele portfolio is the reason for this project. This expansion will happen at their current location 2001 Myers Rd. right off of Atlantic Avenue. Plasser will be investing over $50 Million Dollars and creating 98 new jobs with average annual salaries of $65,000.

Citing its proximity to the Port of Virginia, and a temperate climate to test machines year-round, Plasser American has continued to expand its production year after year. The production program includes an entire range of Plasser & Theurer machines developed and adapted for North American railroads and transit systems. In addition to production, Plasser provides spare parts and service, technical support, contracting, and training at its current location.

“It is indeed exciting, as they celebrate 50 years here in Chesapeake, for me to applaud Plasser American and thank them for their continued commitment to our City and our citizens,” said Rick West, Mayor of the City of Chesapeake. “This expansion will bring not only new jobs and economic benefits to the community, but it will serve as a catalyst for Plasser to continue the innovative, vital work they do to keep our nation moving forward. We are proud to have them in our community, and even more proud to be part of helping them continue to thrive.”

“Plasser American has been an outstanding corporate citizen to our city for nearly 50 years,” said Steven Wright, City of Chesapeake, Department of Economic Development Director. “This expansion in South Norfolk will not only bring a significant amount of jobs, but will also completely reshape their current facility into a state-of-the-art campus for future growth.

Construction on this project will begin soon and schedule for completion fall of 2022. The City of Chesapeake and Plasser American both look to continue this collaborative partnership for many years to come.

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SBA Offers Disaster Assistance to Businesses and Residents of Virginia Affected by Tropical Storm Isaias

SBA Offers Disaster Assistance to Businesses and Residents of Virginia Affected by Tropical Storm Isaias

(WASHINGTON) – Virginia businesses and residents affected by Tropical Storm Isaias on Aug. 3 – 5, 2020, can apply for low-interest disaster loans from the U.S. Small Business Administration, Administrator Jovita Carranza announced today.  Administrator Carranza made the loans available in response to a letter from Virginia Gov. Ralph Northam on Oct. 5, requesting a disaster declaration by the SBA.

The declaration covers Suffolk City and the adjacent counties and independent cities of Chesapeake City, Isle of Wight, Portsmouth City and Southampton in Virginia; and the counties of Camden and Gates in North Carolina.  “The SBA is strongly committed to providing the people of Virginia with the most effective and customer-focused response possible to assist businesses of all sizes, homeowners and renters with federal disaster loans,” said Carranza. “Getting businesses and communities up and running after a disaster is our highest priority at SBA.”

In accordance with health precautions for COVID-19, the SBA will not establish a field presence to assist
survivors. However, the SBA will continue to provide customer service and conduct outreach virtually
with webinars, skype calls, phone assistance, and step-by-step application assistance. The SBA has opened a Virtual Disaster Loan Outreach Center to help survivors apply online using the Electronic Loan
Application via the SBA’s secure website at https://DisasterLoanAssistance.sba.gov/. 

 

Click HERE to read the Full Press Release

Additional Information from the SBA (FLYER)

Notice of Economic Development Authority Meeting

NOTICE OF MEETING CHANGE

Economic Development Authority

The Economic Development Authority will have a scheduled meeting on September 17, 2020 at 3:00pm. The location for the meeting has been changed to Liberty Executive Park II, 1301 Executive Boulevard, on the 2nd floor, Chesapeake, Virginia 23320.

Please visit our website for all updates and future meetings.

For questions or additional information, contact Steven Wright at (757)-382-8040.

http://chesapeakeva.biz/wp-content/uploads/2020/09/Meeting-Change-Notice-for-September-EDA-Mtg.pdf

Notice of Economic Development Authority Meeting

NOTICE OF MEETING CHANGE

Economic Development Authority

The Economic Development Authority will have a scheduled meeting for Thursday, August 20, 2020, at 3:00 pm.

The location of the meeting has been changed to Chesapeake City Hall at 306 Cedar Road, Human Resources Training Room on the 4th floor, Chesapeake, Virginia 23322.

Please visit our website for all updates and future meetings.

For questions or additional information, contact Steven Wright at (757)-382-8040.

Notice of Economic Development Authority Meeting

NOTICE OF MEETING CHANGE

Economic Development Authority

The Economic Development Authority will have a scheduled meeting on October 15, 2020 at 3:00pm. The location for the meeting has been changed to Liberty Executive Park II, 1301 Executive Boulevard, on the 2nd floor, Chesapeake, Virginia 23320.

Please visit our website for all updates and future meetings.

For questions or additional information, contact Steven Wright at (757)-382-8040.

http://chesapeakeva.biz/wp-content/uploads/2020/09/Meeting-Change-Notice-for-October-EDA-Mtg.pdf