Newport News’s commitment to Advanced Manufacturing starts young. Our enviable offering of trade schools and workforce education programs means a highly capable talent pool for your company to tap into. You may also choose to strengthen your own workforce with these programs. Thomas Newport Community College has a leading Workforce Development program, designed for individuals or organizations large and small. Beyond education and training, your company can take advantage of tax incentives that help industrial companies make the most of their money.
Tech & Start-up
If you are thinking about starting a tech company in Newport News, you aren’t the first. Industry leaders like NASA and Canon call the Newport News area home. And we recently unveiled the TechCenter: over 1 million square feet of collaborative office, retail and research space in partnership with technology leaders, like the world-renowned Jefferson Lab and Virginia Tech Corporate Research Center. Best of all, the City is committed to helping you get started with several tech incentives, including a business license tax abatement of 50% for a period of 10 years.
Aviation & Aerospace
You’d be hard-pressed to find a location more ideal for aerospace and aviation companies. Centrally located in the heart of Hampton Roads, you’re a short distance from military bases and the major airports in Newport News, Norfolk, Richmond, and D.C. Alcoa Howmet and NASA Langley Research Center are right down the street, and our sensors and radar industry is thriving. Because of our location and existing industries, you’ll find tens of thousands of trained military workers who are well versed in the industry and ready to work for you.
For decades, Newport News and the Hampton Roads region have attracted an extremely diverse and capable group of people who have come here to work and live. (We have a diversified labor force of over 800,000.) You’ll find a variety of cultures and backgrounds, and our leading colleges and universities provide a constant stream of highly trained, hard-working talent. With a lower cost of living and close proximity to major East Coast cities, your company can grow into a larger global player without the big city cost of doing business.
Ferguson to Invest $82.8 Million to Expand Headquarters
Governor Terry McAuliffe announced that Ferguson, the largest plumbing wholesaler in the U.S., will invest $82.8 million to expand its headquarters operation in the City of Newport News. The company will create an additional campus at City Center at Oyster Point for its information technology (IT) workforce and other corporate functions. Virginia successfully competed against several states in the Central and Pacific time zones for the project, which will retain more than 1,000 jobs and create 434 new jobs.