A new business that wants to hire military spouses could bring nearly 600 jobs to the area, Gov. Terry McAuliffe announced today.
Liberty-Source PBC, a unique U.S.-based company that provides outsourcing for human resources, accounting, customer relations and other services, will invest $1.56 million to establish an operation at Fort Monroe in Hampton.
McAuliffe called the development a “tremendous addition to the Hampton Roads region” that “will make a great social and economic impact providing opportunities to valuable government assets.”
Company officials hope to attract military spouses to jobs; that group is traditionally under-employed because of frequent moves. “With over 30,000 active military from all five branches in the greater Hampton Roads area, Fort Monroe provides us access to a highly skilled and dedicated workforce," said Steve Hosley, president and CEO of Liberty-Source.
Much of the 570-acre fort reverted to the state after the Army relocated its offices to Fort Eustis in Newport News in 2011.
Maurice Jones, Virginia's secretary of commerce and trade, said Liberty-Source PBC's business model is a perfect fit for Fort Monroe. “The company will add economic vitality to a location with a centuries-old military tradition while drawing on the prevalent talents of the strong workforce in the region,” Jones said.
Liberty-Source identifies itself as a public benefit corporation that, while a for-profit business, is “designed as a responsible and sustainable enterprise.”
McAuliffe approved a $300,000 grant from the Governor's Opportunity Fund to assist Hampton with developing the project, while the Virginia Jobs Investment Program will help support the company's funding and employee training, the announcement said.