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Hampton Roads Economic Development Alliance

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Jun 13, 2025

Acoustical Sheetmetal Co. to invest $46M in Virginia Beach expansion

Virginia Beach-based Acoustical Sheetmetal Co. will invest $45.8 million to expand its operations and create 350 jobs.

Sumitomo Drive Technologies to invest $9.3M to automate Chesapeake warehouse
May 19, 2025

Sumitomo Drive Technologies to invest $9.3M to automate Chesapeake warehouse

The Virginia Economic Development Partnership announced last week that global power transmission manufacturer Sumitomo Drive Technologies will invest $9.3 million to automate a warehouse and distribution center in Chesapeake.

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