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Home>Beth JoJack

Beth JoJack

Recent Articles from Beth JoJack

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Energy/Green August 14, 2024

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 […]

265 Va. companies make 2024 Inc. 5000 list
News August 13, 2024

265 Va. companies make 2024 Inc. 5000 list

This year, 265 Virginia companies made the Inc. 5000 list of the nation’s 5,000 fastest-growing privately held companies, released Tuesday by Inc. magazine. Ranking at No. 53 overall, Ashburn IT services firm Blu Omega, a woman-owned small business founded in 2020, was the highest-ranking Virginia company on the list. Blu Omega’s clients include federal agencies […]

An aerial view of land that includes a blue water tower
Economic Development August 9, 2024

Va. localities win $126M in grants for industrial sites

Gov. Glenn Youngkin this week announced $126 million in Virginia Business Ready Sites Program development grants to fund work on 23 industrial sites in the commonwealth. Virginia’s growing inventory of project-ready sites was a factor in CNBC naming the commonwealth America’s Top State for Business in July, Gov. Youngkin noted in a Thursday news release. […]

Arlington County-based RTX, formerly Raytheon Technologies Corp., unveiled its new name and logo at the Paris Air Show June 19.
News August 9, 2024

7 Va. companies make 2024 Fortune Global 500

Seven Virginia-based companies made Fortune magazine’s 35th Global 500 list, released Monday. Companies were ranked by total revenues for fiscal years ending on or before March 31. McLean’s Freddie Mac remained the commonwealth’s top-ranked company at No. 88 — up 45 spots from 2023. The government-sponsored home mortgage company reported net income of $10.5 billion […]

Gov. Glenn Youngkin stands behind a podium.
Government August 7, 2024

Va. Lottery reports record $5.5B in FY24 sales

Virginia Lottery reported a record-breaking $5.5 billion in sales for fiscal 2024 and highest ever profits of $934 million, Gov. Glenn Youngkin announced Wednesday.  In fiscal 2023, the state lottery reported $4.6 billion in revenue and $867 million in profits, which set the previous records for the state agency, which opened 36 years ago. Lottery […]

CGI Federal names new president
Federal Contracting August 7, 2024

CGI Federal to acquire Vienna government contractor

CGI Federal, the U.S. arm of Montreal-based IT and professional services consultancy CGI, announced this week it plans to acquire Aeyon, a Vienna-based federal IT consulting firm. The purchase, for which terms were not disclosed, is expected to close by the end of September.  With 725 employees, Aeyon has been owned by Enlightenment Capital, a […]

A woman wearing glasses smiles.
News August 7, 2024

Kroger names new mid-Atlantic president

Kroger has named Kate Mora president of its mid-Atlantic division, replacing Lori Raya, who’d held the role since 2021 and is retiring, according to a Tuesday news announcement by the grocery store chain, which has nearly half a million employees across 2,800 stores in 35 states, including 68 stores in Virginia.  Mora will work in […]

A woman wearing a blazer stands in front of computer screens.
Money August 5, 2024

Glen Allen’s Dynex Capital names co-CEO

Glen Allen’s Dynex Capital has named Smriti Laxman Popenoe its co-CEO, the real estate investment trust announced in July.  With more than three decades of experience in capital markets and investing, Popenoe will lead with Byron Boston, who remains chairman and co-CEO. Popenoe also will remain president and chief investment officer, as well as a […]

News August 5, 2024

Va. tourism generated $33.3B for 2023

Virginia’s tourism industry generated $33.3 billion in visitor spending in 2023, an increase of nearly 10% over 2022, Gov. Glenn Youngkin announced Monday.  “The commonwealth’s record-breaking visitor spending numbers are a testament to our abundance of attractions and unique destinations,” Gov. Youngkin stated in a news release.  Virginia’s tourism industry supported over [...]

Woman with long curly hair smalls at camera.
Real Estate August 5, 2024

Pechin joins Thalhimer Realty Partners

Less than a year after leaving the City of Richmond to work for the federal government, Maritza Pechin has joined Thalhimer Realty Partners as director of development, the Cushman & Wakefield | Thalhimer subsidiary announced Monday. Pechin was deputy director for the office of equitable development for the city and was heavily involved in the […]

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Top Stories

Nightingale Ice Cream Sandwiches co-founder, CEO and President Hannah Pollack

Nightingale ice cream expansion to add 166 jobs

Nightingale Ice Cream Sandwiches is investing $5.8 million to move to a new facility in Richmond and[...]

A photo of a Leidos sign and a glass covered building.

Leidos acquires Chantilly AI tech biz for $300M

Reston-based federal contractor Leidos announced Wednesday it has acquired Kudu Dynamics, a business[...]

The former Best Products property in Henrico County. Photo courtesy Henrico County

Henrico issues new RFI for arena project

Following the collapse of the $2.3 billion GreenCity project in March, Henrico County on Tuesday rel[...]

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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[...]

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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, [...]

People

BWX Technologies has appointed Gonzalo Cajade as its new chief human resources officer. Photo courtesy BWX Technologies

Lynchburg-based BWXT taps new CHRO

29/5/2025

The Charlottesville Regional Chamber of Commerce has promoted Andrea Copeland to president and permanent CEO. Photo courtesy Charlottesville Regional Chamber of Commerce

Charlottesville Chamber announces new president and CEO

28/5/2025

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

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

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 and the nation

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

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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