Investor Relations

President & CEO Rick Weddle discusses the need for a new Governance Model and the changes that the Alliance will adopt in the 2018 year. 

Our 2nd Annual Economic Development Workshop took place on October 19 at ODU’s Virginia Modeling, Analysis and Simulation Center. This year’s workshop served as way to update the Alliance’s investors and create a plan for the upcoming 2018 year.

In 2011, after working with a team of economic development professionals including the Alliance staff, Ace Hardware chose the City of Suffolk for their first East Coast Import Re-Distribution Center. The facility has been so successful that in 2017, they announced a 138,000 sq. ft. expansion. 

Site selectors from around the world visit Hampton Roads to tour regional assets including NASA Langley Research Center, Huntington Ingalls Industries/Newport News Shipbuilding, Virginia International Gateway, STIHL, and Green Flash Brewing Co. 

July 24, 1997 the mayors of five area cities came together to launch a plan that would, quite literally, put Hampton Roads on the map. Today, we're facing similar challenges, because as French novelist Jean-Baptiste Alphonse Karr said, “The more things change, the more they stay the same.”   

The Hampton Roads Economic Development Alliance held its 19th Annual Meeting on January 26 with over 170 in attendance and featured a panel of the nation's top site consultants.