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Recent Articles from Beth JoJack
Virginia Housing board elects officers
Members of the Virginia Housing Development Authority’s Board of Commissioners elected Sarah Barrie Stedfast chair, the organization announced last week. Stedfast is venture president at Norfolk’s RW Towne Mortgage, a subsidiary of TowneBank Mortgage, and is active in the Virginia and Tidewater mortgage bankers associations. She has a degree in business finance from Virginia Tech. [...]
Inventory grew in Va. housing market in July
Inventory grew for Virginia’s housing market in July, according to Virginia Realtors data released Aug. 21. At the end of July, there were 19,162 active listings in the state, which was 4,223 more listings than in July 2023 — a 28.3% increase. Of those listings, 12,439 came onto the market in July, a 13.6% increase […]
South Asian yogurt manufacturer to open Frederick County facility
Desi Fresh Foods, a producer of Indian-style spoonable and drinkable yogurt products, is opening a new manufacturing facility in Frederick County, creating 56 jobs, Gov. Glenn Youngkin announced Friday. The New York-based company will “invest a significant amount of money to open a new manufacturing facility,” according to a news release. Desi Fresh Foods and […]
Fahrenheit Advisors hires Hampton Roads leader
Richmond consulting firm Fahrenheit Advisors has hired Stephen Hoy as managing director of business development for the Hampton Roads area, the company announced Monday. Hoy will develop new relationships and support existing clients from Williamsburg to Virginia Beach. Most recently, Hoy was director of sales and strategic partnerships for Strive, a California company that offers […]
Hand-built electric classic sports cars to be built in Danville
RBW Sports & Classics, a United Kingdom manufacturer of hand-built electric vehicles that have designs inspired by British sports cars from the 1960s and 1970s, plans to invest $8 million to establish a manufacturing facility at Cane Creek Centre in Danville, Gov. Glenn Youngkin announced Thursday. The project is expected to create 144 jobs. Those […]
SWVA projects recommended for $10M in federal grants
Four Southwest Virginia economic development projects have been recommended to receive a cumulative $10 million in federal Abandoned Mine Land Economic Revitalization (AMLER) grants, Gov. Glenn Youngkin and U.S. Rep. Morgan Griffith, R-Salem, announced Monday. The projects are on sites where coal was mined prior to 1977, the year the Surface Mining Control and Reclamation […]
New CFO tapped for Maola Local Dairies
Chad Dubbe started work as the chief financial officer of Herndon-based Maola Local Dairies on Aug. 13, according to an announcement by the company, which is owned by the farmers of Maryland & Virginia Milk Producers Cooperative Association. Previously, Dubbe spent 15 years at Leprino Foods, a Colorado manufacturer of mozzarella, lactose and whey protein. […]
Va. Western Community College president to retire
President of Virginia Western Community College since 2001, Robert Sandel steered the two-year, public higher education institution into the 21st century, more than doubling enrollment and overseeing more than $138 million in construction and renovations. On Monday, the Roanoke-based college announced Sandel’s plans to retire at the end of June. When Sandel started, the VWCC […]
Battery-powered tools are wave of future at Stihl
Stihl Inc., the U.S. affiliate of the global Stihl Group, has invested more than $60 million on battery manufacturing at its Virginia Beach facility since 2018, according to Stuart Morrison, the company’s vice president of assembly. Battery-powered tools — like pruners, trimmers and blowers — are expected to see the fastest growth of products in […]
Dominion Energy secures new offshore wind lease for $17.7M
A Dominion Energy subsidiary won provisional rights to a 176,505-acre lease area off Virginia Beach‘s coast, adjacent to the section of the ocean where the $9.8 billion Coastal Virginia Offshore Wind project is being constructed, the U.S. Department of the Interior announced Wednesday. Virginia Electric and Power Co. bid $17.65 million, or approximately $100 per […]
