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Home>Katherine Gustafson

Katherine Gustafson

Recent Articles from Katherine Gustafson

Biotech accelerator launches in Charlottesville
Start Virginia March 31, 2025

Biotech accelerator launches in Charlottesville

At the beginning of April, the Charlottesville area will enter a new phase in its journey to become a hub for biotech innovation with the launch of the Commonwealth Bio Accelerator. The program will help early-stage biotech companies from the University of Virginia and others in the surrounding region and beyond move from the research […]

Smooth sailing for Virginia’s publicly traded companies, except Boeing
The Big Book February 28, 2025

Smooth sailing for Virginia’s publicly traded companies, except Boeing

Overall, Virginia’s largest publicly traded companies saw 2024 as a successful year, reflecting the nation’s economic upswing of about 3% each quarter. Except for Boeing and “its ghastly record,” as George Mason University’s Terry Clower memorably said late last year about the Arlington-based Fortune Global 500 aerospace and defense giant. In January 2024, a Boeing […]

UR students launch food startup — for school credit and profit
Start Virginia January 30, 2025

UR students launch food startup — for school credit and profit

Lindsay Batten never thought she’d become a CEO before leaving college, but the University of Richmond senior is beginning her final semester as head of a brand-new startup. The company — which will produce a newly conceived pesto Caesar salad dressing called Envee — is the result of a marketing class focused on entrepreneurship, Bench […]

Tiny Cargo gets big local support
Start Virginia December 31, 2024

Tiny Cargo gets big local support

In a bid to keep the startup local, the Roanoke Regional Partnership found a 10,800-square-foot warehouse to renovate and looped in Roanoke Valley Development Corp. and Greater Roanoke Valley Development Foundation, which jointly purchased the building and offered Tiny Cargo favorable leasing terms. “If a place has the real estate solution to offer a business, […]

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Energy/Green August 29, 2024

Power up

In October 2023, the U.S. Department of Energy‘s Grid Deployment Office awarded Dominion Energy a grant of $33.7 million to help make the state’s electrical grid more efficient. The funds, provided through the department’s $3.5 billion Grid Resilience and Innovation Partnerships (GRIP) program, will support increasing battery storage capacity in rural communities and facilitating[...]

2024 Virginia CFO Awards: Nonprofits: John Zabrowski, VHC Health
Virginia CFO Awards July 30, 2024

2024 Virginia CFO Awards: Nonprofits: John Zabrowski, VHC Health

VHC Health Chief Financial Officer John Zabrowski zeroed in on accounting and finance early in life, double majoring in the subjects at Indiana University’s Kelley School of Business and then doing two internships in public accounting after graduation. “I love economics, I love statistics,” he says. “I found that I was really attracted to the […]

2024 Virginia CFO Awards: Large Business: Sean Daily, CAES
News July 30, 2024

2024 Virginia CFO Awards: Large Business: Sean Daily, CAES

Sean Daily, chief financial officer of Arlington County defense technology contractor CAES, didn’t set out to forge a career in defense. But an interest in corporate finance, sparked by an internship at Marriott International, combined with an opportunity to join Lockheed Martin after his graduation from Virginia Tech. Soon enough, “I developed an interest in […]

2024 Virginia CFO Awards: Small Business: Joel Flax, Cohen Investment Group
Virginia CFO Awards July 30, 2024

2024 Virginia CFO Awards: Small Business: Joel Flax, Cohen Investment Group

Joel Flax hadn’t planned on serving as a chief financial officer after retiring from a full-fledged career as an accountant and tax advisor. But it also wasn’t the first time he made an unexpected career shift. In college, he had wanted to be a sportswriter. But shortly after graduating from William & Mary with a […]

Slow and steady
Economic Development March 28, 2024

Slow and steady

The Lynchburg region has seen the slowest job growth of any metro area in Virginia over the past three years, according to economic analyses, and it typically has a higher unemployment rate than the state average. But there’s more to the story, some officials say. For instance, the Lynchburg region saw 23 inquiries from economic […]

Old Dominion, new data
Cover Story February 28, 2024

Old Dominion, new data

As available land for data centers in Loudoun County — home to Data Center Alley, the world’s largest concentration of data centers — has become scarcer and more expensive, the industry has expanded into other Northern Virginia localities and beyond. In Virginia, Prince William County has become the other heat map for the industry — […]

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Top Stories

Freddie Mac headquarters in McLean. Photo courtesy Freddie Mac

41 Virginia companies made the 2025 Fortune 1000

There were some ups and downs for Virginia companies on this year’s Fortune 500, but overall, [...]

Newport News Shipbuilding hits milestone with dual Ford-class carrier builds

Newport News Shipbuilding to furlough 471 workers

Newport News Shipbuilding on Friday announced that it will furlough 471 shipbuilders for up to five [...]

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[...]

People

Rajeev Rai. Photo courtesy Groundworks

Virginia Beach-based Groundworks hires CTO

30/5/2025

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

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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