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Recent Articles from Beth JoJack
Virginia CEO compensation continues climbing
Virginia CEOs earned an average $10.17M in 2024, with Capital One’s Richard Fairbank leading the list at nearly $30M.
Hampton Roads projects under construction or recently delivered
Bon Secours Harbour View Medical Center, Suffolk In May, Bon Secours opened its three-story, 100,000-square-foot Harbour View Medical Center in Suffolk. The facility, which adjoins the existing Bon Secours Health Center at Harbour View, came with a price tag of about $85 million. Harbour View Medical Center, which includes 18 private inpatient rooms and four […]
Branch Group CEO plans 2026 retirement
The Branch Group, a construction firm headquartered in Roanoke, has promoted Jason Hoyle to COO, with other leadership changes announced.
Baldaccis pledge $13M to VCU, Library of Virginia
Virginia author David Baldacci and wife, Michelle, pledged $13M to VCU and the Library of Virginia to launch a civil discourse initiative.
Hillsville manufacturer to close, leaving 68 out of work
Parkdale will close its Hillsville plant on Oct. 9, cutting 68 jobs. Company said rising energy costs created unsustainable business model.
Virginia employers face new costs from Trump’s $100k H-1B visa fee
Trump’s $100K H-1B visa fee sows uncertainty for employers, universities and immigrant advocates, including entities in Virginia.
Amentum to add 3,000 UK jobs
Amentum announces plans to add 3,000 U.K. jobs as part of President Donald Trump’s state visit to Britain.
Ex-CEO pleads guilty to $200M bitcoin Ponzi scheme in federal court
CEO Ramil Ventura Palafox pled guilty in Alexandria to wire fraud and money laundering in a $200M bitcoin MLM scheme defrauding 90,000
Pharma packaging plant closing in Mecklenburg
Nipro PharmaPackaging will close its Mecklenburg County facility by October, according to a local official, cutting 30 jobs.
BWXT wins $1.5B contract for Tennessee uranium enrichment plant
A BWX Technologies subsidiary was awarded a $1.5 billion contract from the National Nuclear Security Administration to help the United States establish domestic uranium enrichment capability for defense, the Lynchburg-based nuclear components manufacturer announced Tuesday. Under the indefinite-delivery, indefinite-quantity contract, BWXT Enrichment Operations will design, build and operate the Do[...]
