Walashek Industrial & Marine Expands Norfolk, Virginia, Operations

Area Development News Desk

10/12/2026

Maritime industrial services company Walashek Industrial & Marine, Inc. plans to expand its operations in Norfolk, Virginia. The approximately $5 million project is expected to create 40 jobs.

The investment will include infrastructure improvements and new equipment at the company's existing facility to increase the company’s maritime boiler repair and maintenance capacity.

“We are thrilled and honored to be selected for the Virginia Jobs Investment Program through the Virginia Economic Development Partnership,” said Walashek President and CEO Steve Coughlin. “This award will significantly support our expansion efforts and help us continue to create high-quality jobs in Hampton Roads. This investment reflects our commitment to the community and our dedication to driving economic growth in Virginia. We are excited about the opportunities this will bring to both our company and the local workforce.”

The Virginia Economic Development Partnership (VEDP) worked with the City of Norfolk to secure the project and will support Walashek’s job creation through the Virginia Jobs Investment Program, which provides consultative services and funding to companies creating new jobs in order to support employee recruitment and training activities. As a business incentive supporting economic development, VJIP reduces the human resource costs of new and expanding companies. VJIP is state funded, demonstrating Virginia’s commitment to enhancing job opportunities for citizens.

“As demand grows for the specialized services that keep military and commercial vessels mission-ready, Virginia is well-positioned to help companies like Walashek Industrial & Marine scale quickly and effectively,” noted Virginia Secretary of Commerce and Trade Carrie Chenery. “Through the Virginia Jobs Investment Program, the Commonwealth is proud to support Walashek as it expands its Norfolk operations, modernizes key capabilities, and creates good jobs for Virginians.”

Walashek Industrial & Marine specializes in maritime boiler repair, steam-system maintenance, ship repair and marine engineering services for military and commercial vessels. The company also provides industrial maintenance and repair services for power-generation facilities, chemical plants and other steam-dependent operations.

“Walashek’s continued investment is great news for Norfolk and Hampton Roads’ maritime industrial base. Congratulations to the City of Norfolk and Walashek on this expansion, and we look forward to supporting their continued growth in the region,” added Hampton Roads Alliance President and CEO Doug Smith.

Recent Project Announcements

Solstice Advanced Materials Expands Buffalo, New York, Research-Development Operations

10/12/2026