Consultants Forum Advertise
Subscribe
Close

  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Subscribe Now
Renew

Area Development - Site Selection, Facility Planning and Workforce Development

Lyon Shipyard Expands Norfolk, Virginia, Operations

09/25/2023
Lyon Shipyard, a full-service ship repair and industrial services provider, plans to expand its operation in Norfolk, Virginia. The $8.3 million project is expected to create 134 jobs.

The company will increase capacity to operate on commercial ships and vessels that service offshore wind farm operations.

“We are proud to call Norfolk, Virginia home. The support and partnership Lyon Shipyard receives from the Commonwealth of Virginia has been astonishing,” said Nikole Dunkley, Vice President, Human Resources, Lyon Shipyard. “Our upcoming expansion will allow Lyon Shipyard to hire an additional 134 employees.?We want to be the change so many other companies just talk about, Lyon Shipyard wants to lead the charge and help transform the socioeconomic landscape for the City of Norfolk and its residents.”

The Virginia Economic Development Partnership (VEDP) worked with the City of Norfolk and the Hampton Roads Alliance to secure the project and will support Lyon Shipyard’s job creation through the Virginia Jobs Investment Program (VJIP), 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.

“Congratulations to Lyon Shipyard for more than nine decades of success in Norfolk serving customers from the private sector and our U.S. military,” noted Secretary of Commerce and Trade Caren Merrick. “Hampton Roads has the business climate, robust maritime workforce, and world-class port infrastructure to position companies like Lyon Shipyard for continued growth and prosperity for decades to come.”

The company is also eligible to receive benefits from the Port of Virginia Economic and Infrastructure Development Zone Grant Program.

“Lyon Shipyard is well-positioned to be a significant contributor to Virginia’s emerging offshore wind energy sector,” added Stephen A. Edwards, CEO and executive director of the Virginia Port Authority. “The offshore wind industry here will be enhanced with Lyon’s capabilities and expertise to succeed. This company is a great local resource, and this investment is going to help create jobs and drive the development of a new industry.”

Lyon Shipyard supplies commercial and government customers with services including marine electronics repair, barge repair, and pier side repairs, as well as hauling vessels out of the water for underwater repairs to equipment such as propellers, tail shafts, and rudders.

“The Hampton Roads Alliance congratulates Lyon Shipyard and the City of Norfolk on this announcement,” said Douglas L. Smith, President & Chief Executive Officer, Hampton Roads Alliance. “Lyon’s growth will create hundreds of well-paying jobs for our region and expands our regional capacity in two very important industries—defense and alternative energy. The Alliance stands ready to support Lyon Shipyard through our regional business retention and aftercare services.”

Exclusive Research