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Business and Industry

A diverse base of industries comprise the Virginia Peninsula – from the seafood industry of Poquoson, the present and historical base of the aerospace industry of Hampton, the shipbuilding and advanced research businesses of Newport News to tourism in York and James City counties. Economic development opportunities remain poised for growth attracting new businesses, industries and employees. Unmatched educational institutions, superior healthcare, strategic location and an overall great quality of life are additional factors proven attractive to those inquiring about relocation and/or expansion on the Peninsula.

Military – The impact of military presence on the Virginia Peninsula is exceedingly significant, as the military contributes for over 40 percent of this region’s economy. Hampton Roads is one of the nation’s largest concentrations of military personnel. Joint Base Langley-Eustis at Langley AFB in Hampton is the oldest continuously active air base in the country, is home to the 1st Fighter Wing and the headquarters of the Air Combat Command. The JBLE stretches over 2,900 acres, houses 8,800 military personnel and 2,600 civilian employees. The 800-acre NASA Langley Research Center in Hampton is a major research and development facility focusing on aeronautics, science, space exploration and space operations. Fort Monroe, now a U.S. Park Service National Monument, which is positioned on the southeastern tip of the Peninsula, is the former home of the U.S. Army Training and Doctrine Command, which recently moved to JBLE at Fort Eustis. The Naval Weapons Station Yorktown, U.S. Coast Guard Training Center and the Supervisor of Shipbuilding are also part of the military presence on the peninsula.

Newport News Shipbuilding – a Division of Huntington Ingalls Industries
For 127 years, Newport News Shipbuilding (NNS) has carried on the legacy of American shipbuilding, building some of the most famous ships in American naval history with a diverse workforce of craftsmen and engineers. We proudly build U.S. Navy aircraft carriers and submarines, and provide aftermarket services for both. In 2011, we became a division of Huntington Ingalls Industries after being a part of Northrop Grumman since 2001.

Ferguson Enterprises
Ferguson is a diverse wholesale distributor with operations spanning multiple business groups. The company is ranked by trade publications as the largest distributor of plumbing supplies and pipe, valves and fittings (PVF). It is also the third largest distributor of heating and cooling equipment (HVAC/R) and the second largest company within the waterworks industry.

Hampton Roads Convention Center – The HRCC opened in 2005, simultaneous to the opening of a connected 295-suite hotel and 200,000 square feet of retail and dining development. The two-floor HRCC encompasses approximately 344,000 square feet of convention and exhibit space, which is comprised of 35 meeting rooms capable of seating up to 14,000 people. Notable spaces include the nearly 28,000-square-foot grand ballroom, 102,600-square-foot exhibit hall (which divides into three halls) and an intimate conference center. The center features 3,500 free on-site parking spaces and is in proximity to some 2,500 hotel rooms within walking distance.

Its location in the center of Hampton’s growing Coliseum Central retail district places it in the midst of an extensive economic development plan.

Supporting Our Businesses – Businesses located on the Virginia Peninsula are unique and have particular needs. The peninsula business community is diverse and the chamber continues to develop innovative ways to help satisfy the business community’s individualistic and collective needs. The chamber takes pride in taking an individualist approach to each of its members and facilitating unique positions that provide unforeseeable opportunities and an overall better chance for success.

Members of the chamber have internal and external advertising opportunities, which consist of, but are not limited to: website, print, social media as well as other communication and advertising tools. Educational and informational seminars provided by SBU, target members’ business needs. Technical assistance to small businesses and entrepreneurs is offered through the chamber’s strategic alliances with SCORE, Virginia Department Business Assistance, Procurement Technical Assistance Center and other business mentoring organizations.

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