Governor Terry McAuliffe was in Newport News
today to announce an expansion by Ferguson Enterprises, Inc. During a ceremony held at the Newport News Marriott at City Center, he announced the company would expand its Newport News presence and create an additional campus in City Center at Oyster Point. The City Center campus will house 1,400 Ferguson employees working in information technology and other corporate functions. As part of the expansion, Ferguson will invest over $82 million and create 434 new jobs.
Newport News successfully competed against other locations in the Central and Pacific time zones. Located in Newport News for 47 years, this expansion further solidifies the company’s presence in the City.
“We’re pleased that Ferguson will grow the footprint of its North American Headquarters in Newport News,” said Newport News Mayor McKinley L. Price. “This expansion will stimulate opportunities beneficial to both the company as well as our community.”
“Ferguson isn’t just a multi-national corporation, it’s a ‘hometown’ company that employs many of our citizens,” said Florence G. Kingston, the City’s Director of Development. “The jobs created by this expansion will provide a boost for our workforce and our local economy.”
Ferguson was named after Charles Ferguson, son of former Newport News Shipbuilding president Homer L. Ferguson, who assisted with the company’s founding in 1953. It is the largest wholesale distributor of residential and commercial plumbing supplies and pipe, valves and fittings in the U.S. Ferguson Enterprises is also a major distributor of HVAC equipment, fire protection systems, waterworks and industrial products and services.
Read more about today’s
announcement here.