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Home>Beth JoJack

Beth JoJack

Recent Articles from Beth JoJack

Top Stories February 3, 2025

Trump 2.0: Making real estate great again?

Let Trump be Trump. A campaign staffer’s now-famous motto during President Donald Trump’s 2016 bid for president nods to the mercurial nature of the real estate mogul and former reality television star — as well as a similar slogan from “The West Wing.” And Trump himself has repeatedly said he trusts his gut over his […]

Soldiers stand next to a tank.
Federal Contracting November 1, 2024

Army awards $676M contracts for weapon system

The U.S. Army has awarded Raytheon a $676 million contract to continue manufacturing the TOW weapon system, which provides heavy anti-tank guided missile capability, RTX, the Arlington County parent company of Raytheon, a defense contractor, announced Wednesday.  Two separate awards consist of a $430 million contract for FY 2023 and an additional $246 million contract […]

Cover Story October 31, 2024

Vibe check

No studies have found a higher prevalence of clairvoyance among labor market experts than in the average population. Since they can’t see the future, these professionals sift through data and surveys to figure out what the coming months may hold. Some reading these tea leaves have predicted employers may soon be suffering through another wave […]

Three men wearing blazers while standing in a facility talk.
Top Stories October 29, 2024

Electro-Mechanical launches $16.5M expansion in Washington County

Electro-Mechanical — an electrical equipment manufacturer headquartered in Bristol — will invest $16.55 million to expand in Washington County, Gov. Glenn Youngkin announced Tuesday.  “Electro-Mechanical’s significant expansion in Washington County demonstrates the strength of Southwest Virginia’s manufacturing sector and business climate,” Youngkin stated in a news re[...]

Money October 29, 2024

John C. Asbury tapped to lead American Bankers Association

The American Bankers Association has elected John C. Asbury, president and CEO of Richmond-based Atlantic Union Bankshares, as the organization’s chair for 2024-25.  “Through his bold leadership and dedicated service to our industry, John has proven that he is just the right person to step into this critically important role,” Rob Nichols, president and CEO […]

News October 28, 2024

Pharma company invests $1.5M on Prince William expansion

Pharmaceutical manufacturer Granules Consumer Health, a subsidiary of Granules India, will invest $1.5 million into expanding its operations in Prince William County, Gov. Glenn Youngkin announced Monday.  The company plans to install new manufacturing lines at its existing Manassas facility, with an aim of creating nearly 100 new jobs.  “Granules’ decision to expand their operations [&h[...]

News October 28, 2024

Raytheon wins $900M contract modification

The Department of Defense’s Missile Defense Agency has awarded a $900 million contract modification to Raytheon, a subsidiary of Arlington County’s RTX, according to a DOD notice posted Friday.  Under the extension, Raytheon, a defense contractor that is also based in Arlington County, will continue operations and support for the Sea-based, X-band Radar (SBX 1), […]

Roanoke/New River Valley October 25, 2024

Trump Town owner calls assault, indecent exposure charges ‘fake news’

Donald “Whitey” Taylor, owner of Trump Town, a Boones Mill store dedicated to merchandise celebrating the 45th president, and a candidate for mayor in that same small town, was arrested Tuesday on charges of indecent exposure and assaulting store employees.  Taylor, 74, sent a text to Virginia Business, describing the criminal charges against him as […]

Government October 24, 2024

GD subsidiary in Norfolk wins potential $123.3M contract

General Dynamics NASSCO, a Norfolk subsidiary of Reston aerospace and defense giant General Dynamics, was awarded a U.S. Navy contract worth up to $123.3 million last week for maintenance, modernization and repair of the USS Porter destroyer during fiscal 2025.  The base amount of the firm fixed price contract to General Dynamics NASSCO-Norfolk is $686,843. The contract […]

A man wearing a blazer stands at a podium
Energy/Green October 23, 2024

Work begins on organics-to-renewable gas facility in Amelia County

Vanguard Renewables, an organics-to-renewable natural gas company with headquarters in Massachusetts, broke ground Wednesday on its newest facility at Oakmulgee Dairy Farm in Amelia County.  An anaerobic digester system on the property will allow Vanguard Renewables to convert cow manure along with inedible and unsalable food material into natural gas. The company expects Oakmulgee Dairy [&hellip[...]

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Top Stories

Booz Allen CEO says 7% of employees to be laid off

McLean-based Fortune 500 management consulting business Booz Allen Hamilton will lay off 7% of its 3[...]

House GOP passes Trump tax bill despite deficit fears

House Republicans push through Trump’s tax bill after all-night session, despite CBO warning it co[...]

U.S. Rep. Gerry Connolly, D-Fairfax. Photo courtesy Connolly's office

Virginia congressman dies from cancer

U.S. Rep. Gerry Connolly, a nine-term Democrat representing Virginia's 11th congressional district, [...]

Richmond Fed President and CEO Tom Barkin spoke at the Investing in Rural America Conference in Roanoke on May 20, 2025. Photo by Joseph Minick/Federal Reserve Bank of Richmond

Barkin: Affordable housing key to rural economic growth

Richmond Fed President and CEO Tom Barkin said affordable housing and workforce investment are drivi[...]

Dollar Tree announces CEO of Family Dollar, soon to be sold

Chesapeake-based Dollar Tree announced Monday that its soon-to-be-sold Family Dollar property will b[...]

UPDATE: $35B Capital One-Discover merger closes

McLean-based Capital One Financial is scheduled to close on its $35.3 billion acquisition of Discove[...]

People

Clinton R. Hayes, incoming president of Southwest Virginia Community College. Photo courtesy Virginia Community College System

Southwest Virginia Community College president appointed

23/5/2025

Troy Dillow has been named Choice Financial Group's president and chief operating officer. Photo Courtesy Choice Financial Group.

Choice Financial announces new president, mid-Atlantic leader

23/5/2025

Atlantic Union CFO Rob Gorman has announced his retirement. Photo Courtesy Atlantic Union Bankshares

Atlantic Union CFO announces retirement

22/5/2025

Regions

A construction worker made of Lego bricks. Photo by Kira Jenkins/Virginia Business

Lego to build $366M Prince George County warehouse

Lego will invest $366 million in a new warehouse in Prince George County, creating an estimated 305 [...]

Companies sue over Valley medical marijuana permit

Seven businesses are suing Virginia over a disputed medical marijuana permit in the Shenandoah Valle[...]

Heard Around Virginia May 2025

A roundup of monthly business news from regions across Virginia including Central Virginia, Northern[...]

New law to reduce Appalachian Power rates

Virginia passes the APCo Rate Reduction Act, cutting electric bills for Appalachian Power customers [...]


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