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The original item was published from 7/16/2014 11:09:39 AM to 9/2/2014 12:10:01 AM.

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Economic Development

Posted on: July 15, 2014

[ARCHIVED] New business at Fort Monroe will bring 596 jobs, $1.56 million investment

July 16, 2014 - Governor Terry McAuliffe announced today that Liberty-Source PBC, a customer service operation that harnesses the talent of military spouses, will invest $1.56 million to establish an operation at Fort Monroe in Hampton. The company will provide finance, accounting, human resource, customer care and additional support services for its clients, creating 596 new jobs.

McAuliffe said “Liberty-Source PBC is a tremendous addition to the Hampton Roads region. The company’s delivery model is centered on employing staff from the U.S. military community, and Fort Monroe and the City of Hampton have a long and storied military history. In addition to active duty men and women in Virginia, thousands exit the military each year in the Commonwealth, and Liberty-Source will make a great social and economic impact providing opportunities to valuable government assets.”

The Virginia Economic Development Partnership worked with the City of Hampton, the Fort Monroe Authority, and the Hampton Roads Economic Development Alliance to secure the project for Virginia. McAuliffe approved a $300,000 grant from the Governor’s Opportunity Fund to assist Hampton with the project.

Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.

“In addition to its long and proud history, Hampton has a strong military tradition," said Mayor George Wallace. "Hampton is a perfect fit for Liberty-Source’s mission to bring jobs back to the U.S. and employ hundreds of military spouses. With our supportive environment, friendly neighborhoods, excellent schools and quality of life, we believe that Liberty-Source is making a great investment in Hampton.”

Governor's news release
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