Governor Ralph Northam recently announced that CMA CGM Group, a world leader in shipping and logistics, will retain its North American headquarters in Norfolk and will grow its presence in the Commonwealth, resulting in the creation of more than 400 new jobs in Coastal Virginia and Northern Virginia.
The company will invest a projected $36 million to expand customer care and finance operations in Coastal Virginia. The majority of the new positions will be located in Coastal Virginia, with 655 employees currently in Norfolk.
“This project is a tremendous victory for Virginia that will add significant momentum to our economic recovery as we emerge from this pandemic,” said Governor Northam. “Hampton Roads has a well-deserved reputation as a maritime services hub and our renowned tech workforce in Northern Virginia continues to attract leading companies. Securing CMA CGM’s expansion sends a powerful message that The Port of Virginia stands among the world’s greatest and our Commonwealth is prepared to keep adapting to the demands of our global economy.”