INIT Innovations in Transportation, Inc. and South Norfolk Jordan Bridge (SNJB) LLC have been named by the Chesapeake Economic Development Authority as the recipients of the 2017 Chesapeake Business of the Year.
INIT, a worldwide leading supplier of Intelligent Transportation Systems (ITS) and named one of CoVa Biz‘s Best Places to Work, holds a zero waste to landfill certification through their sustainability commitment to recycle, reuse and repurpose materials. INIT has also made charitable contributions to organizations such as the Salvation Army, the Foodbank of Southeastern Virginia and Eastern Shore, Susan G. Komen research and the Hope House.
Pictured left to right: Steven Wright, Director, Chesapeake Dept. of Economic Development, Linda Keith, Chief Financial Officer, INIT Inc., and Mayor Alan P. Krasnoff.
“Over the last 18 years, INIT has made five moves to larger spaces,” says CEO Roland Staib. “The City’s Department of Economic Development has been a vital asset in the expansion and growth of our company from the start. We are honored to receive such a prestigious award.”
South Norfolk Jordan Bridge (SNJB) LLC is the 2017 Chesapeake Waterfront Business of the Year. The SNJB is a continuous water crossing (fixed span) with no lift schedules for faster travel without traffic issues. Its fully-electronic tolling system eliminates any need for a toll plaza that would otherwise cause delays. SNJB opened in 2012 as a privately funded and operated $142 million project, and has been named by Coastal Virginia Magazine as one of the best places to hike/walk.
“We’re pleased to recognize INIT Inc. and South Norfolk Jordan Bridge LLC dor their roles in driving our economy forward with sustained employment levels, new investment and job creation in the Commonwealth, region and city,” said Steven C. Wright, Director, Chesapeake Economic Development Department. “These two companies are very deserving of this award that recognizes their longevity, investment and corporate citizenry in our community which contributes to a quality of life that benefits all of our citizens.”
