hampton roads economic development alliance · In 2011, the Alliance continued its mission of...
Transcript of hampton roads economic development alliance · In 2011, the Alliance continued its mission of...
hampton roads economic development alliance
In 2011, the Alliance continued its mission of promoting Hampton Roads outside our region and working to attract companies to our com-munities. It is a challenging undertaking and one that many, even those who support the Alliance, do not fully comprehend. The work behind the scenes is truly all encompassing, requiring not only a working knowledge of economic development but the ability to deftly handle and anticipate clients’ needs, seek out the most promising markets and get in front of the right people - and above all, ongoing cooperation with our strategic partners.
That cooperation was never more impor-tant than in 2011, a year that saw eight an-nouncements for Hampton Roads – including the biggest announcement in the Alliance’s history. Securing the location of these com-panies requires traveling to U.S. cities and other countries, participating in trade shows, hosting special events, meeting one-on-one with corporate executives, and perhaps most importantly: follow up. The Alliance staff, with its combined years of experience, fully appre-ciates how crucial it is to stay in front of key decision makers.
Of course, none of what we achieved in 2011 would have been possible without the backing and active involvement of our investors from both the public and private sectors. It is their
generosity and cooperation that enabled our achievements. We want to express particular appreciation to our Board of Directors, Execu-tive Committee and Officers for their commit-ment to Hampton Roads and to our mutual goal of increased prosperity for the region.
We must also thank our cities and counties for their overwhelming support and advocacy of the Alliance’s business attraction mission. Our collaborative partnership with the localities of Hampton Roads is one we depend on, and we do not take this important relationship for granted.
2012 will no doubt bring its own set of chal-lenges, but there have been many promising signs that the economy is improving. The Alli-ance is determined to pursue all viable oppor-tunities as aggressively as possible – and we are confident that, with the continued support of our investors and strategic partners, 2012 could well prove our best year ever. In light of our recently launched 5-year fundraising ini-tiative, we expect our marketing efforts to be even more effective in the coming year. With your help we can meet, and even exceed, our goals for 2012-2016. We’ve said it before, but it bears repeating: true regionalism has never been more critical to our success.
It is indeed our pleasure and our honor to work with all of you, and we remain confident in the Alliance’s ability to attract businesses to Hampton Roads from around the country – and the world!
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letter from the alliance chairman and the alliance president
HREDA | 2011 Annual Report
:: ACE HARDWARE CORPORATION
:: ASTUTE ELECTRONICS (Expansion)
:: BATTERIEN-MONTAGE-ZENTRUM GmbH
:: BEST BRAKES
:: CASPARI
:: ESS GROUP, INC.
:: GREEN MOUNTAIN COFFEE ROASTERS, INC.
:: KATOEN NATIE
new business announcements in 2011
:: BATTERIEN-MONTAGE-ZENTRUM GMBH (BMZ)
WHAT :: Rechargeable Lithium Ion Battery Units for Medical Devices, Defense & Aerospace
WHERE :: Virginia Beach (U.S. Headquarters)
IMPACT :: 15 Initial Jobs / $0.5 Million Capital Investment / Occupy 16,500 Square Feet
WHY :: “After carefully researching several states on the East Coast, we decided to locate
BMZ in Virginia. Virginia Beach was especially attractive because of its large
community of international companies, some of which we already have business
relationships with. The proximity to the international port and the assistance from
the Economic Development office helped us finalize our decision.”
Sven Bauer :: Managing Director, BMZ GmbH
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2011 regional wins
:: ACE HARDWARE CORPORATION
:: ASTUTE ELECTRONICS (EXPANSION)
WHAT :: Largest Hardware Cooperative in the Industry
WHERE :: Suffolk
IMPACT :: 75 Jobs / $14.0 Million Capital Investment / Occupy 336,000 Square Feet
WHY :: “We’re confident that the Ace Hardware Import Re-Distribution Center in Suffolk
will allow us to more efficiently ship goods to our East Coast retailers... We’re
grateful for the exceptional cooperation of state and local officials and the strong
Virginia business climate that have made this new facility possible.”
Tim Duvall :: Supply Chain Director, ACE Hardware Corporation
WHAT :: Global Leader in Electronic Component Sales & Distribution
WHERE :: Suffolk
IMPACT :: Expansion of First U.S. Operation
WHY :: “Our local workforce continues to grow as does our reputation within the industry.
Astute has received great support since opening in 2007 from both the City of
Suffolk and the Hampton Roads Economic Development Alliance, without which
our expansion would not have been achievable.”
Aran Coker :: Vice President of Sales, Astute Electronics
:: ESS GROUP, INC.
WHAT :: Environmental Consulting, Engineering Services
WHERE :: Hampton
IMPACT :: Offshore Wind Turbine Technology / Clean Energy Development / Coastal Permitting
WHY :: “This new office firmly establishes ESS in the Mid-Atlantic region and provides a
convenient base of operations to serve our existing and growing clientele in Virginia
and beyond.”
Charles Natale, President & CEO, ESS Group, Inc.
2011 regional wins (cont’d)
:: BEST BRAKES
:: CASPARI
WHAT :: Quality Aftermarket Automotive Brake Rotors & Drums Supplier
WHERE :: Suffolk (First East Coast Operation)
IMPACT :: 25 Jobs / Better Service for Two-Thirds of Their U.S. Business / Occupy 42,000 Square Feet
WHY :: “Best Brakes is very excited about the opening of our Virginia distribution
center. It enables us to serve our East Coast customers with better service and
much faster turnaround times...We decided on Suffolk due to its accessibility
to the port and major highways.”
Randy Price :: General Manager, Best Brakes
WHAT :: Manufacture & Distribute Exquisitely Designed & Printed High-End Paper Products
WHERE :: Suffolk
IMPACT :: 32 Jobs / $0.75 Million Capital Investment / Occupy 60,000+ Square Feet
WHY :: “Caspari’s decision to relocate their distribution operation to Suffolk validates
the strategic location of our city and the transportation infrastructure that is
fueled by the Port of Virginia.”
Mayor Linda T. Johnson :: City of Suffolk
HREDA | 2011 Annual Report
WHAT :: Environmental Consulting, Engineering Services
WHERE :: Hampton
IMPACT :: Offshore Wind Turbine Technology / Clean Energy Development / Coastal Permitting
WHY :: “This new office firmly establishes ESS in the Mid-Atlantic region and provides a
convenient base of operations to serve our existing and growing clientele in Virginia
and beyond.”
Charles Natale, President & CEO, ESS Group, Inc.
:: GREEN MOUNTAIN COFFEE ROASTERS, INC. (GMCR)
:: KATOEN NATIE (KTN)
WHAT :: Environmentally Responsible Production of Specialty Coffee & Coffeemakers
WHERE :: Isle of Wight
IMPACT :: 800 Jobs / $180.0 Million Capital Investment / Occupy 330,000 Square Feet
WHY :: “The Commonwealth of Virginia’s appealing business incentives and the workforce
potential of Isle of Wight County’s robust local communities were critical in our new
site selection.”
Jon Wettstein :: Vice-President, Green Mountain Coffee Roasters, Inc.
WHAT :: Global Distribution of Petrochemicals
WHERE :: Norfolk
IMPACT :: 225 Jobs / $12.0 Million Capital Investment / Occupy 662,000 Square Feet
WHY :: “KTN chose the location due to its excellent proximity to the port and its appeal in
attracting new customers to KTN. We see the Hampton Roads region and our Norfolk
division as having a very bright future.”
Frank Vingerhoets :: President, KTN North America
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In 2011 alone, HREDA created: 1,212 new jobs
$207,250,000 in capital investments
1,452,612 sq ft of occupied space
HREDA | 2011 Annual Report
the alliance: our singular role
The singular mission of the Hampton Roads
Economic Development Alliance (HREDA) is
to market Hampton Roads worldwide as the
region of choice for business investment and
expansion. The Alliance serves as the only
economic development marketing organization
solely charged with marketing and recruiting
new business to the region. As identified by
the core strengths of our region, the Alliance’s
marketing initiatives focus primarily on the fol-
lowing target industries:
• Aerospace and Aviation
• Maritime and Logistics
• Corporate and Professional Operations
• Modeling and Simulation
HREDA engages business leaders using a va-
riety of methods that range from trade shows
and conferences to direct mail. However, face-
to-face meetings remain the most effective
and important objective of the Alliance’s mar-
keting program.
In addition to marketing activities covering
nearly 40 percent of the U.S., the Alliance and
its partners have identified and traveled to the
following international markets:
• Canada • France • Israel
• Japan • Poland • China
• Germany • Italy • Korea
• United Kingdom
Every dollar invested in HREDA in the last five
years poured an extraordinary 11 new dol-
lars into our economy. There has never been
a more critical time for true regionalism to be
put into practice, and the Alliance’s business
attraction initiatives – both international and do-
mestic – represent the combined efforts and
cooperation necessary to benefit all communi-
ties throughout Hampton Roads.
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2011 activity report
2011 2010 Total 07–YTD
Projects
Active Total 158 160 N/A
New Projects Opened 65 74 312
New Inquiries 9 14 333
Prospect Visits 42 51 250
Marketing Activities
Total 57 53 264
Appointments 418 410 1,753
Contacts 201 156 N/A
Announcements
Total 8 5 28
Capital Investment $207,250,000 $8,200,000 $301,520,000
Jobs Created 1,212 268 2,141
Square Footage 1,452,612 88,100 2,225,462
domestic marketing 2011
January Medical Modeling & Simulation Conference New Orleans, LA
February Retail Industry Leaders Association Orlando, FL
March Transpacific Maritime Conference Long Beach, CA
April North American Offshore Wind Conference Washington, DC
May Industrial Asset Management Council (IAMC) Albuquerque, NM
CoreNet Chicago, IL
VMA International Trade Symposium Norfolk, VA
June Offshore Wind Conference Virginia Beach, VA
Journal of Commerce Inland Port Conference Chicago, IL
September Industrial Asset Management Council (IAMC) Philadelphia, PA
October MODSIM World Hampton Roads, VA
Council of Supply Chain Management Professionals Philadelphia, PA
April Reception-VPA Chicago, IL
May Reception-German American Chamber of Commerce New York, NY
June Chicago Cubs Game-VPA & HRSA Chicago, IL
August Dinner-VPA & HRSA Southern CA
Maritime Reception Atlanta, GA
November Special Event-VPA & HRSA New York, NY
May Windpower 2011 Anaheim, CA
June BIO Show Washington, DC
October AWEA Offshore Wind Show Baltimore, MD
November AAPEX (Automotive After Products) Show Las Vegas, NV
I/ITSEC Show Orlando, FL
March Southern California, Maryland, Pennsylvania, New Jersey, Delaware
May Minnesota, Wisconsin
June New England
July Chicago, Indianapolis, Northern California
August Southern California, Atlanta
September New Jersey, New York, Pennsylvania, Connecticut
February Dallas, Atlanta, Greenville (SC), New Jersey, Pennsylvania
March Washington (DC), Northern Virginia
:: CONFERENCES
:: SPECIAL EVENTS
:: TRADE SHOWS
:: MARKETING MISSIONS
:: CONSULTANT MISSIONS
HREDA | 2011 Annual Report
November TSET (Training, Simulation, Evaluation & Test) United Kingdom
June Wimbledon United Kingdom
March CeBIT Germany
April Hannover Messe Germany
May Nor-Shipping Show Norway
June Paris Air Show France
September BALTexpo Poland
October ANUGA Show Germany
March United Kingdom
April Quebec, Canada
June Korea
July Poland (Investment Seminars)
October Germany (Headquarters Mission with Chesapeake)
Germany (Headquarters Mission with Virginia Beach)
Japan (Headquarters Mission with Chesapeake)
United Kingdom
Israel
:: CONFERENCES
:: SPECIAL EVENTS
:: TRADE SHOWS
:: MARKETING MISSIONS
international marketing 2011
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“ the alliance not only persevered through tough economic times, but saw eight exceptional announcements in 2011. the marketing initiatives of the alliance are crucial to ensure that the region’s economy continues to grow and diversify.”Maurice A. Jones :: President & Publisher of The Virginian-Pilot
While the Alliance is well known for connect-
ing the region through its marketing and pro-
motional efforts, it also plays a crucial, lesser
known role: serving as a hub for business-
related research. Indeed, while the Alliance’s
Research department plays a large role in
educating prospective businesses about the
Hampton Roads region, they also strive to
compile demographic, statistical, and eco-
nomic information to be used by local busi-
nesses and municipalities.
The Alliance hosts a quarterly “Research
Roundtable,” in which a representative from
each of the 14 local Economic Development
Departments, along with private sector in-
vestors and other strategic partners, meet to
discuss tips for acquiring data and best prac-
tices for utilizing information to promote the
region. The Roundtable also rotates from city
to city in an effort to showcase interesting
assets that can be found throughout the area.
In between meetings, discussions continue
online through a portal designed specifically
for roundtable attendees. These individuals are
encouraged to share resources and promote
the region utilizing a standard set of data. Doing
so ensures that businesses do not receive
conflicting information from different localities
and companies throughout our region, but
instead see the region as possessing a unified
labor pool, economic base, and quality of life.
The Alliance provides a great deal of the data
that is given to our partners and prospective
businesses. Research services offered by
HREDA include, but are not limited to:
• Economic impact analysis
• Company research
• Compiling lists of companies in the region
according to size, industry, and location
• Cost of living data collection and analysis
• Demographic collection and analysis
• Mapping
• Real estate database collection and updates
• Regional facts and accolade collection
• Workforce and labor pool data collection
and analysis
a resource for the region
HREDA | 2011 Annual Report
Support and Revenue
Corporate Investment 1,101,000 1,100,000
Municipal Investment 1,584,860 1,590,000
Miscellaneous 40,000 29,000
Total Support & Revenue 2,725,860 2,719,000
Expenses
Marketing & Research 1,972,175 1,894,760
Investor Relations 153,115 229,000
General Operating 600,570 594,810
Total Expenses 2,725,860 2,718,570
Excess (Deficiency) of Support and Revenue Over Expenses
Before Fundraising Expense 0 430
:: 2011 BUDGET :: 2012 BUDGET
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annual budget
Finally, the Alliance works with researchers at
the Virginia Economic Development Partner-
ship and other state agencies on an almost
daily basis. This relationship ensures that the
Alliance is properly promoting the assets af-
forded to us by living in CNBC’s “Top State for
Business,” and that state agencies are aware
of the many resources available to them in
Hampton Roads.
The Alliance plans to expand its efforts to
bring Hampton Roads together through re-
search in the coming years, and encourages
all public and private investors to get involved.
hampton roads
HREDA
norfolk va23510
757 627 2315
annual report
2011
hampton roads
annual report
2011
500 main street suite 1300
join the alliance
HREDA | 2011 Annual Report
Recognized by the International Economic Development Council
(IEDC), the Hampton Roads Economic Development Alliance is
one of only 30 accredited economic development organizations
in the nation. Earning the AEDO accreditation tells clients and
investors the Alliance is superbly qualified to support a client’s
business needs and effectively manage national and global
marketing programs.
By joining the Alliance you join an impressive list of the region’s
most influential business leaders. Your investment affords you
and your company access to exclusive networking opportunities,
participation in select prospect visits, inclusion in our investor di-
rectory distributed to prospects and confidential business activity
reports. Becoming an investor is both an investment in Hampton
Roads and a competitive advantage.
Now more than ever, there is tremendous value in, and necessity for,
a combined regional marketing program. The Hampton Roads Eco-
nomic Development Alliance is the choice for savvy investors.
For more information visit hreda.com
Private Sector Representatives
:: Mr. Robert R. Brown, Sr. Chairman Robert Brown & Associates
:: Mr. Robert M. Boyd Vice Chairman BB&T
:: Mr. Richard M. Bagley, Jr. Treasurer Wells Fargo Advisors
:: Mr. John D. Padgett Secretary McGuireWoods, LLP
:: Mr. Michael J. Barrett The Runnymede Corporation
:: Mr. John F. Biagas Bay Electric Co., Inc.
:: Mr. Jerome F. Clark SunTrust Bank
:: Mr. William B. Downey Riverside Health System
:: Ms. Jodi Gidley Virginia Natural Gas
:: Mr. Greg Garrett greg garrett realty.com
:: Mr. Brian K. Skinner TowneBank
:: Mr. Maurice Jones The Virginian-Pilot
:: Mr. Gary McCollum Cox Communications
:: Mr. John R. Lawson, II W.M. Jordan
:: Mr. C. Grigsby Scifres Williams Mullen
:: Ms. Deborah Stearns Harvey Lindsay
Public Sector Representatives
:: The Honorable Alan P. Krasnoff City of Chesapeake
:: The Honorable James P. Councill, III City of Franklin
:: The Honorable Ashley Chriscoe Gloucester County Board of Supervisors
:: The Honorable Molly Joseph Ward City of Hampton
:: The Honorable Stanley D. Clark Isle of Wight Board of Supervisors
:: The Honorable Bruce C. Goodson James City County Board of Supervisors
:: The Honorable McKinley Price City of Newport News
:: The Honorable Paul D. Fraim City of Norfolk
:: The Honorable W. Eugene Hunt, Jr. City of Poquoson
:: The Honorable Kenneth I. Wright City of Portsmouth
:: The Honorable Linda T. Johnson City of Suffolk
:: The Honorable William D. Sessoms, Jr. City of Virginia Beach
:: The Honorable Clyde A. Haulman City of Williamsburg
:: The Honorable George S. Hrichak York County Board of Supervisors
Ex-Officio/ Non-Voting
:: Mr. Hugh L. Patterson General Counsel Willcox & Savage
:: Mr. John A. Hornbeck, Jr. Hampton Roads Chamber of Commerce
:: Mr. Darryl W. Gosnell Hampton Roads Economic Development Alliance
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:: EXECUTIVE COMMITTEE
AAA Tidewater VirginiaMs. Carol Ormond
ABNB Federal Credit UnionMr. Carl Ratcliff
AMERIGROUP CorporationMr. John E. Littel
Anthem Blue Cross and Blue ShieldMr. Matthew M. Manock
Armada HofflerMs. Kim Martini
Atlantic Dominion DistributorsMs. Robin D. Ray
Bank of AmericaMr. Peter Schleck
Bay Electric Co., Inc.Mr. John F. Biagas
BB&TMr. Robert M. Boyd
Bon Secours Hampton Roads Health SystemMr. Michael Kerner
C&F BankMr. Vernard E. Lockwood, II
Casey Auto GroupMr. Arthur S. Casey
Checkered FlagMr. Edward B. Snyder
Cherry, Bekaert and Holland, LLPMr. Peter R. Alfele
Chesapeake Regional Medical CenterMr. Wynn Dixon
Children’s Hospital of The King’s DaughtersMr. James D. Dahling
CI TravelMr. Chris Nicholas
City of ChesapeakeThe Honorable Alan P. KrasnoffMr. Steven Wright
City of HamptonThe Honorable Molly Joseph WardMs. Mary BuntingMr. James L. Eason
City of Newport NewsThe Honorable McKinley PriceThe Honorable Madeline McMillanMs. Florence G. Kingston
City of NorfolkThe Honorable Paul D. FraimMr. Charles Rigney
City of PoquosonThe Honorable W. Eugene Hunt, Jr.Mr. Randy WheelerMr. David N. Callis
City of PortsmouthThe Honorable Kenneth I. WrightMr. Patrick Small
City of SuffolkThe Honorable Linda T. JohnsonMr. Kevin Hughes
City of Virginia BeachThe Honorable William D. Sessoms, Jr.Mr. Donald V. JelligMr. Stephen R. RomineMrs. Dorothy L. WoodMr. Warren D. Harris
City of WilliamsburgThe Honorable Clyde A. HaulmanMs. Michele M. DeWitt
Clancy & Theys Construction CompanyMr. Thomas O’Grady
Clark Nexsen, P.C.Mr. Thomas T. Winborne
Columbia Gas of VirginiaMr. Carl W. Levander
Continental Realty ServicesMr. Donald Perry
Cox Communications, LLCMr. Gary T. McCollum
Damuth TraneMr. T. Clinton Damuth
Dixon Hughes Goodman, LLPMr. James M. Haggard
Dominion Virginia PowerMr. C. Max Bartholomew, Jr.
Drucker & Falk, LLCMs. Wendy C. Drucker
E.T. Gresham Company, Inc.Mr. R. W. Gresham
ECPI UniversityMr. Mark B. Dreyfus
Electronic Systems, Inc.Mr. Brett Morris
Ellis-Gibson Development GroupMr. Douglas D. Ellis
Farm Fresh SupermarketsMr. Gaelo de la Fuente
Fort Monroe AuthorityMs. Yvonne Cash
Franklin Southampton Economic Development, Inc.The Honorable James P. Councill, IIIMr. John J. Smolak
Gateway BankMr. Steven C. Layden
Gloucester CountyThe Honorable Ashley ChriscoeMr. Douglas S. Meredith
greg garrett realty.comMr. Greg Garrett
Hampton Roads Chamber of CommerceMr. John A. Hornbeck, Jr., CCE
Hampton Roads PartnershipMr. E. Dana Dickens, III
Harbor Group InternationalMr. Jordan E. Slone
Harvey Lindsay Commercial Real EstateMs. Deborah Stearns
Henderson, Inc.Mr. Mike Van Sickel
Hudgins Contracting CorporationMr. Bryan A. Norsworthy
Huntington IngallsMr. William Bell
Hunton & WilliamsMr. Gregory N. Stillman
Isle of Wight CountyThe Honorable Stan D. ClarkMs. Lisa PerryJackson Lewis, LLPMr. Thomas M. Lucas
HREDA | 2011 Annual Report
:: BOARD OF DIRECTORS
James City CountyThe Honorable Bruce C. GoodsonMr. Russell Seymour
Kaufman & Canoles, PCMr. Charles V. McPhillips
KBS, Inc.Mr. Dan Lamay
KITCO Fiber OpticsMr. W. Sheppard Miller, III
KPMG, LLPMr. Chris Xystros
Langley Federal Credit UnionMs. Jean M. Yokum
Liberty Property TrustMr. Craig A. Cope
LTD Hospitality GroupMs. Kimberly Schlick
MAERSK Line, LimitedMr. Steve Hadder
MasTecMr. David Steffin
McGuireWoods, LLPMr. John D. Padgett
McKenzie Construction CorporationMr. Bob Norton
McPhillips, Roberts & Deans, PLCMr. Edward J. Amorosso, CPA
MEB General ContractorsMr. Eric Keplinger
MMM Design GroupMr. Thomas P. Herbert, P.E.
Norfolk Airport AuthorityMr. Wayne E. Shank
Norfolk Southern CorporationMr. F. Blair Wimbush
Norfolk Waterside MarriottMr. Terry Hitt
Old Dominion UniversityMr. John R. Broderick
Old Point Financial CorporationMr. Robert F. Shuford, Sr.
The Pomoco Group, Inc.Mr. Rick Gallaer
RBC CenturaMr. P. Craig Moore
Regent UniversityDr. Carlos Campo
Riverside Health SystemMr. William B. Downey
Robert Brown & Associates, Inc.Mr. Robert R. Brown, Sr.
Rose & Womble Realty CompanyMr. Jim V. Rose, Sr.
Runnymede CorporationMr. Michael J. Barrett
S.L. Nusbaum Realty Co.Mr. Miles B. Leon
Sara Lee FoodserviceMr. Gary C. Wright
Sentara HealthcareMr. David L. Bernd
Seventh PointMr. Chris Calcagno
STIHL IncorporatedMr. Peter K. Mueller
SunTrust BankMr. Jerome F. ClarkMr. Thomas V. Rueger
TCI Business Telephone SystemsMr. Doug Shewbridge
The Daily Press, Inc.Mr. Digby Solomon
The Virginian-PilotMr. Maurice Jones
Tidewater Community CollegeDr. Deborah M. DiCroce
Titan America LLCMr. Dan Osborne
Town Center City ClubMs. Barbara H. Lewis
TowneBankMr. Brian K. Skinner
Vanasse Hagen Brustlin, IncMr. Larry S. Barry, P.E.
Vandeventer Black LLPMr. Mark T. Coberly
Verizon CommunicationsMs. Laura W. Barnes
Virginia Natural Gas, Inc.Ms. Jodi Gidley
Virginia Offshore Wind CoalitionMr. Henry C. Giffin
Virginia Port AuthorityMr. J.J. Keever
VIRTEXCO CorporationMr. Cliff Moore
W. M. Jordan Company, Inc.Mr. Bud Denton
Wall, Einhorn & Chernitzer, P.C.Mr. Paul DiNardo
Wells Fargo AdvisorsMr. Richard M. Bagley, Jr.
Wells Fargo Bank, N.A.Mr. George G. Ball, III
Willcox & Savage P.C.Mr. Hugh L. Patterson
William E. Wood & Associates, RealtorsMr. Richard B. Thurmond
Williams MullenMr. C. Grigsby Scifres, Esquire
Witt MaresMr. Alan S. Witt
WVEC-TVMr. Tod Smith
York CountyThe Honorable George S. HrichakMr. James O. McReynoldsMr. James W. Noel, Jr.
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1st Advantage Federal Credit Union
AAA Tidewater Virginia
The Abbitt Group, Inc.
ABNB Federal Credit Union
AMERIGROUP Corporation
Anthem Blue Cross and Blue Shield
Armada Hoffler
Atlantic Dominion Distributors
Bank of America
Bay Electric Co., Inc.
BB&T
Birdsong Peanuts
Bon Secours Hampton Roads Health System
C&F Bank
Casey Auto Group
CB Richard Ellis of Virginia
Checkered Flag
Cherry, Bekaert and Holland, LLP
Chesapeake Regional Medical Center
Children’s Hospital of The King’s Daughters
CI Travel
City of Chesapeake
City of Hampton
City of Newport News
City of Norfolk
City of Poquoson
City of Portsmouth
City of Suffolk
City of Virginia Beach
City of Williamsburg
Clancy & Theys Construction Company
Clark Nexsen, P.C.
Columbia Gas of Virginia
Compo Construction Company
Continental Realty Services
Cox Communications, LLC
The Daily Press, Inc.
Damuth Trane
Dixon Hughes Goodman
Dominion Virginia Power
The Dragas Companies
Drucker & Falk, LLC
E.T. Gresham Company, Inc.
ECPI University
Electronic Systems, Inc.
Ellis-Gibson Development Group
Farm Fresh Supermarkets
Franklin Southampton Economic Development
Fort Monroe Authority
Fulton Bank
Gateway Bank
GEICO
Gloucester County
greg garrett realty.com
Hall Automotive
Hamner Development Company
Hampton Roads Chamber of Commerce
Hampton Roads Partnership
Harbor Group International
Harvey Lindsay Commercial Real Estate
Henderson, Inc.
Hudgins Contracting Corporation
Huntington Ingalls
Hunton & Williams
Isle of Wight County
Jackson Lewis
James City County
Kaufman & Canoles, P.C.
KBS, Inc.
KITCO Fiber Optics
KPMG, LLP
Langley Federal Credit Union
Liberty Property Trust
Liebherr
LTD Management Company, LLC
MAERSK Line, Limited
MasTec
McGuireWoods, LLP
McKenzie Construction Corporation
McPhillips, Roberts & Deans, PLC
MEB General Contractors
MMM Design Group
Norfolk Airport Authority
Norfolk Southern Corporation
Norfolk Waterside Marriott
Old Dominion University
Old Point Financial Corporation
PAPCO, Inc.
HREDA | 2011 Annual Report
:: INVESTORS
Pembroke Enterprises, Inc.
The Pomoco Group, Inc.
RBC Centura
Regent University
RGI General Contractors
Riverside Health System
Robert Brown & Associates, Inc.
Rose & Womble Realty Company
Runnymede Corporation
S.L. Nusbaum Realty Co.
Sara Lee Foodservice
Sentara Healthcare
Seventh Point
Short Commercial Acquisitions LLC
Snelling Staffing Services
STIHL Incorporated
SunTrust Bank
TCI Business Telephone Systems
Thalhimer/Cushman & Wakefield
Thomas Nelson Community College
Tidewater Community College
Titan America LLC
Town Center City Club
TowneBank
Vanasse Hagen Brustlin, Inc.
Vandeventer Black LLP
Verizon Communications
Virginia Natural Gas, Inc.
Virginia Offshore Wind Coalition
Virginia Port Authority
Virginia Wesleyan College
The Virginian-Pilot
VIRTEXCO Corporation
W.M. Jordan Company, Inc.
Wall Einhorn & Chernitzer, P.C.
The Ware Company
Warwick Plumbing & Heating Corporation
Wells Fargo Advisors
Wells Fargo Bank, N.A.
Willcox & Savage P.C.
William E. Wood & Associates, Realtors
Williams Mullen
Witt Mares
WVEC-TV
York County
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“ the alliance is proud of its role in promoting hampton roads to those outside our region, and we envision great things as we move forward!”Darryl Gosnell :: President and CEO, HREDA
USA Headquarters: 500 Main Street | Suite 1300 | Norfolk, VA 23510 | Phone: 1.757.627.2315