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

4

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

6

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.

8

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

10

“ 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

12

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

14

:: 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.

16

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

18

“ 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