Marine Support Services Company Expands to Chesapeake

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Prism Maritime LLC, a full-service provider of maritime support services to the US government, will invest $ 4 million to expand into the town of Chesapeake.

The company will build two new 12,000 square foot facilities that will be used for manufacturing, laboratory and storage space at the Greenbrier North Business Park. Virginia successfully competed with California for the project, which will create 166 new jobs.

“The shipping industry is a key economic force for the Hampton Roads area and the entire Commonwealth,” said Governor Ralph Northam. “Prism Maritime’s continued growth is proof of the high quality infrastructure and workforce pipeline that have helped Virginia win back-to-back titles as CNBC’s Best State for Business. Our administration remains focused on helping workers and businesses in Virginia, and we support Prism’s expansion in Chesapeake.

Founded in 2006 and headquartered in the city of Chesapeake, Prism Maritime provides engineering, research, development, technical and modernization services to its military clients. They work with clients to integrate technological improvements for land and shipboard systems. Prism Maritime develops drawing and design packages for installations or manufacturing. Their work supports new technologies and systems in the maritime environment of the Ministry of Defense.

“Prism Maritime’s impressive track record in the town of Chesapeake is a testament to Virginia’s favorable business environment and the region’s strong talent pool, bolstered by those of the 15,000 men and women who leave the military each year at Hampton Roads which then join the workforce, ”said Secretary of Commerce and Commerce Brian Ball. “The addition of 166 new jobs is a big boost to the local economy, and this expansion will support Prism’s continued success in the Commonwealth.

“We are very excited about expanding our operations in Chesapeake,” said Ron Lee, CEO and President of Prism Maritime. “This new manufacturing facility allows Prism to continue supporting the Navy with even more services on our core contracts, as well as expanding our customer base within the commercial marine industry. After working with the City of Chesapeake and the Commonwealth of Virginia and considering the many benefits of doing business here, we chose this location for expansion to be close to both our customers and our head office. We look forward to continuing to grow and create additional jobs in Chesapeake and Hampton Roads. “

“Hampton Roads is fortunate to have many great private partners working to support our military and maritime interests,” said Congressman Bobby Scott. “These investments will help drive economic growth across our region and across the Commonwealth as we continue our economic recovery from the COVID-19 pandemic.”

The Virginia Economic Development Partnership worked with the City of Chesapeake to secure the project for Virginia. They will support Prism Maritime’s job creation through the Virginia Jobs Investment Program, which provides advisory services and funding to support the recruitment and employee training activities of companies creating new jobs.

As a business incentive that supports economic development, the Virginia Jobs Investment Program lowers the human resource costs of new and expanding businesses. The program is publicly funded, demonstrating Virginia’s commitment to improving employment opportunities for its citizens.

“We are delighted with the announcement of Prism’s expansion of its local presence and proud that the company has chosen the Town of Chesapeake as the location for its continued growth,” said Town of Chesapeake Mayor Rick West. “Prism’s growth is not only important to Chesapeake, but to the Hampton Roads area in general, as the company has become an important partner for the region’s maritime and military assets.

“The city is proud to have the head office of Prism Maritime in Chesapeake,” said Steven Wright, director of economic development for the city of Chesapeake. “Prism’s creation of over 160 new, well-paying jobs and $ 4 million in capital investment will continue to help grow the city’s economy and improve the quality of life for its citizens.” . Prism is a great business partner for Chesapeake and we look forward to working with the business as it grows. “

“I am delighted that Prism Maritime is making this investment in Chesapeake,” State Senator Lionell Spruill said. “This expansion creates highly skilled jobs in our region, while providing services to the maritime and defense community. It is a great victory for the Commonwealth of Virginia.

“Prism Maritime is another jewel in the economic development of the Hampton Roads businesses that provide services to our marine and military industry,” said Del. CE Cliff Hayes, Jr. “I congratulate Prism on its continued success and thank the company. for choosing to expand its operations in the 77th House District.

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