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Recent Articles from Josh Janney
Hitachi Energy to invest $457M in Virginia expansion
Hitachi Energy announced Thursday it will invest $1 billion to expand its U.S. grid infrastructure manufacturing, with roughly half of that investment going into Virginia, where it plans to add 825 jobs. The electrical equipment manufacturer will invest $457 million to build the nation’s largest manufacturing site for large power transformers in South Boston, Hitachi […]
TowneBank completes $203M acquisition of Old Point
TowneBank has closed its $203 million acquisition of Hampton-based Old Point National Bank of Phoebus and its parent company.
Trump administration withdraws $39.27M for Norfolk offshore wind project
The Trump administration withdrew $39.27 million in federal funding that had been awarded for an offshore wind logistics port in Norfolk.
Former Smithfield Foods CEO and chairman dies at 86
Former Smithfield Foods Chairman and CEO Joseph Williamson Luter III passed away last week at the age of 86.
Nuclear fusion company raises $863M, much bound for Chesterfield
Massachusetts-based fusion energy company Commonwealth Fusion Systems announced that it raised $863 million in a Series B2 fundraising round.
HII promotes exec to new maritime systems post
HII announced Thursday that it has promoted Eric Chewning to executive vice president of maritime systems and corporate strategy.
Mary Baldwin University president resigns; new president named
Mary Baldwin University announced this week that president Jeff Stein has resigned, after only two years in the role.
Alum donates $16M to Virginia Tech
Virginia Tech has received a $16 million commitment from alumnus David Kellogg to support the university’s PPE program.
AstraZeneca to locate pharma plant in Albemarle
AstraZeneca and Eli Lilly & Co. are planning to locate major manufacturing facilities in Albemarle and Goochland counties.
BigBear.ai grabs naming rights to Commanders training facility
BigBear.ai has partnered with the Washington Commanders football team and secured the rights to name the team's training facility in Ashburn.
