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

Press Release

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...

Press Release

2023 Annual Report

Our 2023 Annual Report is now available at the link below!

Press Release

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...

Press Release

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...

Press Release

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...

Press Release

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...

Press Release

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...

Press Release

Hampton Roads Workforce Council Presents the Norfolk-Portsmouth Hiring Expo Series

WHAT: In partnership with the City of Norfolk and the City of Portsmouth, the Hampton Roads Workforce Council presents the Norfolk-Portsmouth Hiring Expo Series. Designed to connect employers with quality candidates in Hampton Roads, this two-day...

Press Release

Virginia Companies Expand into Global Markets through Commonwealth’s Trade Accelerator Program

RICHMOND—Governor Glenn Youngkin today announced that 16 companies across the Commonwealth have graduated from the Virginia Economic Development Partnership’s (VEDP) Virginia Leaders in Export Trade (VALET) program and 13 companies have joined the...

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