CHESAPEAKE, Va. - Gov. Ralph Northam made an economic development announcement for Chesapeake on Friday.
Prism Maritime LLC, a full-service provider of maritime support services to the U.S. government, will be expanding in Chesapeake. The company helps install new electronic systems on ships like radars, weapon systems and combat systems.
Their corporate headquarters are already located in Chesapeake.
Gov. Northam said this expansion is a $4 million investment and added that it will create 166 new jobs.
The company will construct two new 12,000-sq. ft. facilities to be used for manufacturing, lab and storage space in the Greenbrier North Commerce Park. Virginia successfully competed with California for the project, Northam's office said. The buildings are expected to be completed in October.
“We are very excited about the expansion of our operations in Chesapeake,” said CEO and President of Prism Maritime Ron Lee. “This new fabrication facility allows Prism to continue to support the Navy with even more services on our prime contracts, as well as expanding our customer base within the commercial maritime industry. After collaborating with the City of Chesapeake and the Commonwealth of Virginia and considering the many benefits for doing business here, we chose this location for expansion to be near both our customers and our corporate headquarters. We look forward to continued growth and creating additional jobs in Chesapeake and in Hampton Roads.”
“The maritime industry is a key economic force for the Hampton Roads region and the entire Commonwealth,” said Gov. Northam. “Prism Maritime’s continued growth is evidence of the high-quality infrastructure and workforce pipeline that helped Virginia earn consecutive titles as CNBC’s best state for business. Our administration remains focused on helping Virginia’s workers and businesses thrive, and we support Prism’s expansion in Chesapeake.”
Prism Maritime has locations in Chesapeake, San Diego and Ventura, California.
The positions range anywhere from entry level laborers and helpers to marine electricians, welders and pipefitters. Online applications can be found here.