News & Press
There’s a lot happening in Portsmouth and our momentum keeps growing! Read the latest news & press releases from Portsmouth Economic Development – we cover project announcements, business openings, development news, and more.
Media inquiry? Contact us at 757-393-8804 or porteco@portsmouthva.gov.
Latest News
CNBC names Virginia "America's Top State for Business" for 2024
Business is good in Portsmouth, Virginia, and across the Commonwealth. For the third time in five years, Virginia has been named America's Top State for Business! In making this selection, the network touted the state's unrivaled business-friendly...
Governor Glenn Youngkin Announces $2.4 Million in Grants Through the Port Host Community Revitalization Fund
RICHMOND, VA – Governor Glenn Youngkin today announced $2.4 million in Port Host Communities Revitalization Fund awards for the cities of Newport News, Norfolk and Portsmouth. The three grants will support a Seafood Market in Newport News, vital...
Offshore Wind’s $1.8B Impact on Virginia
They say Virginia is for lovers. Now, it’s for wind lovers. Since the state’s vanguard turbines — the Coastal Virginia Offshore Wind (CVOW) Pilot project — went up in 2020, Virginia has announced itself as the epicenter for offshore wind in the...
First U.S. wind turbine installation vessel launched
The Charybdis, the first U.S. flagged, Jones Act-compliant wind turbine installation vessel, was launched at the Seatrium AmFELS shipyard in Brownsville, Texas, Dominion Energy announced April 15. The 472’ WTIV is the first U.S.-built entry to the...
Continued growth at Virginia’s port is attracting business and fueling Hampton Roads' economy
When millions of Americans ramped up their online shopping as lockdowns dragged on, ports around the nation were overwhelmed with container ships. The Port of Virginia found itself in the right place at the right time, able to absorb a ton of that...
Mills Marine & Ship Repair, the first African American owned ship repair company in the nation, expands operations in Portsmouth, VA
Portsmouth, VA – February 13, 2024 – Mills Marine & Ship Repair, a leading name in maritime services, proudly announces the grand opening of its fabrication facility and training center in Portsmouth, Virginia. This 1.24-acre property is set to be...
PORTSMOUTH@WORK Career Resources Are Pathway to a Better Life
Since April 2023, as Portsmouth manager of Workforce Development, Nahla Saleh has been working to help individuals obtain a better way of life through fulfilling employment. Saleh oversees the initiatives offered through the Portsmouth@Work career...
ABC-TV’S SHARK TANK WILL CAST ITS NET IN VIRGINIA FOR THE FIRST TIME
PORTSMOUTH, VA – Feb. 1, 2024 – Fresh from celebrating “A First on Victory,” one full year as Virginia’s first permanent casino, Rivers Casino Portsmouth is announcing another FIRST for Virginia. Rivers Casino Portsmouth, in collaboration with 13...