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Home>Elizabeth Lake

Elizabeth Lake

Recent Articles from Elizabeth Lake

Maritime Guide April 30, 2025

Port of Virginia channel widening boosts ship traffic

Port of Virginia completes channel widening, enabling 2-way ship traffic and boosting cargo volumes as deepening continues and offshore wind grows.

Maritime Guide April 30, 2025

Tariffs, politics drive uncertainty for shipping

Rising tariffs, Red Sea attacks, and labor costs create instability for shippers and could impact Port of Virginia operations and U.S. supply chain

Central Virginia February 27, 2025

Central Va. Big Deal: Petersburg voters say ‘yes’ to a $1.4 billion casino

Petersburg voters know when to hold ’em and know when to fold ’em. In November 2024, more than 80% of voters approved a casino referendum, giving the green light to Cordish Cos.’ $1.4 billion Live! Casino & Hotel Virginia, which will be built on an undeveloped, roughly 90-acre site off Interstate 95 in Petersburg. Baltimore-based […]

Central Virginia February 27, 2025

Central Va. Year-in-Review: Region scores in manufacturing, data centers

Central Virginia continued making headway in manufacturing and offices in 2024, as well as seeing increased interest from the data center sector. Growth is still taking place in Northern Virginia, home of Loudoun County’s famous “Data Center Alley,” where 70% of the world’s internet traffic courses, but as companies seek less expensive land for data […]

Regions January 30, 2025

Henrico launches office buildings incentive program

During the pandemic, the office industry was “hit hard and quick,” says Jane DuFrane, senior vice president and Richmond market leader of Highwoods Properties, the Richmond area’s biggest landlord. But because office lease contracts last several years, “we didn’t feel the pain of COVID until those office leases started to expire,” she says. And that […]

100 People To Meet November 30, 2024

100 People to Meet in 2025

In our sixth annual list of 100 Virginians you’ll want to meet in the new year, you’ll encounter interesting people of many ages and occupations — from a doctor in his 80s who built the Chesapeake Care Clinic to a 10-year-old CEO who started his own popcorn business and whose parents are his employees.  In […]

Economic Development October 31, 2024

All in good time

For decades, the promise of economic revitalization has tantalized Southwest Virginia. The sparsely populated region, once home to booming coal mining and tobacco industries, has had money and resources thrown at it by local, state and federal governments, but it’s still had a difficult time finding its footing. As the region’s economy has declined, so […]

Virginia CFO Awards July 30, 2024

Beyond number crunching

Becoming a chief financial officer requires much more than just being a good accountant or number cruncher. Indeed, the Journal of Accountancy in 2023 reported a noticeable shift of the top finance officer’s job from being a “CF-No” — or someone who just pulls tight the purse strings — to the “CF-Know.” That’s a leader […]

Women In Leadership June 27, 2024

2024 Virginia Women in Leadership Awards: Leading Ladies

For the fourth annual Women in Leadership Awards, Virginia Business hosted a photo shoot at the Virginia Museum of Fine Arts, where eight of this year’s winners struck poses for Richmond photographer James Lee. Given the surroundings, Lee took inspiration from the museum’s collection and other artwork in staging the photos. The results display a […]

Maritime Guide April 29, 2024

Watercourse of study

Starting this fall, Old Dominion University students will have a new interdisciplinary school dedicated to maritime work, logistics and supply chain management — an upgrade from an earlier program offered through the Strome College of Business. In September 2023, the State Council of Higher Education for Virginia (SCHEV) approved ODU’s School of Supply Chain, Logistics, […]

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Top Stories

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 [...]

New Arlington hub to boost defense, energy startups

Virtus Innovation Center in Arlington will support 30+ startups in defense and energy, connecting th[...]

Law firms advise businesses on Trump 2.0 policies

Virginia law firms see surge in client questions as Trump’s 2025 executive orders spark regulatory[...]

Dominion Energy plans to develop the nation's largest wind farm — an $8 billion, 220-turbine project — off the coast of Virginia Beach by 2026. Photo courtesy Dominion Energy

Tariffs could add $500M to Dominion offshore wind project

Richmond-based Fortune 500 utility Dominion Energy says the cost of its Coastal Virginia Offshore Wi[...]

Companies sue over Valley medical marijuana permit

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

Georgia-Pacific to close Emporia mill, cutting 550+ jobs

Georgia-Pacific will permanently close its Emporia plywood mill, cutting 550 jobs. The shutdown deal[...]

People

Karen Horn Welch. Photo courtesy University of Richmond

University of Richmond office hires CIO for endowment, assets

8/5/2025

Electra.aero announced that Max Ochoa has joined the company as chief financial officer. Photo Courtesy Electra.aero

Electra announces new CFO

6/5/2025

Brad Cornelius, CEO of Farm Credit of the Virginias. Photo courtesy Farm Credit of the Virginias

Farm Credit of Virginias CEO to retire

1/5/2025

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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