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Home>Beth JoJack

Beth JoJack

Recent Articles from Beth JoJack

Trump 2.0: Making real estate great again?
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 […]

Default Alt Text
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[...]

The Power 50
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 […]

Pharma company invests $1.5M on Prince William expansion
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[...]

Raytheon wins $900M contract modification
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), […]

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

GD subsidiary in Norfolk wins potential $123.3M contract
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

AstraZeneca plans multibillion-dollar pharma factory in Virginia

AstraZeneca to invest $4.5B in Albemarle manufacturing plants

AstraZeneca will invest $4.5 billion to establish two new manufacturing facilities in Albemarle Coun[...]

What to watch for in the Virginia governor’s race debate between Spanberger and Earle-Sears

What to watch for in the Virginia governor’s race debate between Spanberger and Earle-Sears

Virginia governor hopefuls Abigail Spanberger and Winsome Earle-Sears debate at Norfolk State in a k[...]

Photo of four-story building

Owens & Minor to sell largest business segment for $375M

Fortune 500 company Owens & Minor, based in Henrico County, announced Wednesday that it plans to sel[...]

Image by AdobeStock

Hampton Roads too reliant on federal dollars, economists warn

Economists warn that the Hampton Roads region is overly reliant on federal spending and is at risk i[...]

Trump administration threatens no back pay for federal workers in shutdown

Trump administration threatens no back pay for federal workers in shutdown

The Trump administration says furloughed workers aren’t guaranteed back pay during the shutdown, r[...]

A rendering of Colonna’s Shipyard’s latest investment, a new $70 million drydock currently under construction. Image courtesy Colonna's Shipyard

Colonna’s Shipyard invests $79M to build 4th drydock

Norfolk-based Colonna’s Shipyard announced Friday that it has invested $70 million to acquire its [...]

People

William Streilein. Photo courtesy Noblis

Noblis names new CTO

9/10/2025

Anne Smith. Photo courtesy Hooker Furnishings.

Hooker Furnishings CAO to depart in cost-cutting plan

8/10/2025

Dale Wagoner plans to retire as CEO at the end of the year. Photo courtesy LMI

LMI CEO transitions to chairman

6/10/2025

Regions

Digital Gateway opponents score legal win

Digital Gateway opponents score legal win

A Virginia judge voided the rezoning for the $500M Prince William Digital Gateway project, siding wi[...]

Federal funding repeals could halt rural broadband expansion

Federal funding repeals could halt rural broadband expansion

The much-heralded broadband expansion efforts in Southwest Virginia may not come to fruition after a[...]

Danville invests $3 million to prep Coleman site

Danville invests $3 million to prep Coleman site

In July, Danville City Council members OK’d an infusion of funding for 158 acres on Gypsum Roa[...]

Data centers stir debate in Frederick

Data centers stir debate in Frederick

After rejecting two major data centers, Frederick County supervisors back a fact sheet to study impa[...]


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