332 Maritime and ship repair jobs coming to Newport News, Virginia

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S23 Holdings, LLC and its affiliates, which include East Coast Repair and Fabrication (ECR), an industry leader in the marine, industrial, and commercial sectors, will invest $64.4 million to establish a corporate and industrial campus for ship repair, manufacturing, and to rehabilitate piers. Virginia successfully competed with Florida and Puerto Rico for the project, which will create 332 new jobs.

“Securing this major investment from S23 Holdings is an important win for Newport News and our Commonwealth as we work to move our economy forward,” said Governor Northam. “The shipbuilding and maritime industries have long been economic anchors for Hampton

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