Walashek Industrial & Marine Invests $5 Million to Expand in Norfolk, Virginia

Maritime industrial services company Walashek Industrial & Marine, Inc. will invest approximately $5 million to expand its operations in Norfolk, Virginia. The project is expected to create 40 jobs over the next three years.

Boiler repair and hovercraft maintenance

The investment includes infrastructure improvements and new equipment at the company’s existing facility to increase maritime boiler repair and maintenance capacity. The expansion also brings LCAC hovercraft maintenance and modernization services to Hampton Roads. Walashek provides boiler repair, steam-system maintenance, ship repair and marine engineering services for military and commercial vessels.

Steve Coughlin, President and CEO of Walashek said:

“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.”

State support

The Virginia Economic Development Partnership will support job creation through the Virginia Jobs Investment Program.