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Home>Katherine Schulte

Katherine Schulte

Recent Articles from Katherine Schulte

AstraZeneca CEO Pascal Soriot and then-Gov. Glenn Youngkin announced the company’s planned $4.5 billion plants in October 2025. Photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin
Economic Development March 2, 2026

Preparation, pandemic helped Virginia land Big Pharma deals

Virginia attracted $12 billion in pharmaceutical manufacturing investments in 2025, leveraging site readiness, workforce training, and strong infrastructure.

In December 2025, Gov. Glenn Youngkin and LS Cable & System CEO Bon-kyu Koo announced LS Cable’s plans for a second major manufacturing campus in Chesapeake. Photo courtesy Hampton Roads Alliance
Economic Development March 1, 2026

LS Cable’s $689M Chesapeake campus doubles investment

LS Cable will invest $689 million in a new manufacturing campus in Chesapeake, creating 430 jobs and doubling its total investment in the region by 2027.

Dr. Reid Adams. Photo courtesy UVA Health.
Healthcare February 24, 2026

UVA Health promotes inaugural chief medical officer

UVA Health is promoting Dr. Reid Adams to be the health system's inaugural chief medical officer, effective March 1.

Photo courtesy CarMax
Central Virginia January 14, 2026

Fortune 500 retailer CarMax lays off 230 employees, many in Virginia

Goochland County-based Fortune 500 used car retailer CarMax has laid off approximately 230 employees, including 113 in the Richmond area.

Michael "Mike" Lenox. Photo by Matt Riley, courtesy University of Virginia
Education January 2, 2026

U.Va. Darden names interim dean

Mike Lenox is serving as interim dean of the University of Virginia’s Darden School of Business as the former dean assumes the university presidency.

After the pandemic, health systems adopted new supply chain strategies like building emergency stockpiles, says Adam Momper, UVA Health’s supply chain administrator.
Healthcare December 31, 2025

Health care systems navigate supply chain disruptions

Virginia health systems adjusted practices and sourcing as IV fluid shortages, tariffs and global disruptions strained supply chains.

On Jan. 15, 2022, Republican Glenn Youngkin was sworn in as Virginia’s 74th governor on the steps of the state Capitol. Photo courtesy governor’s office.
Cover Story December 31, 2025

Youngkin’s term as governor marked by economic wins, political division

Gov. Glenn Youngkin leaves office after four divisive years marked by economic wins, veto power and political losses as Virginia turns to Abigail Spanberger.

Developer Jerome Malinay spoke at the Sunny Valley subdivision groundbreaking. Photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin
Southwest Virginia December 31, 2025

Washington County workforce housing project launches

A residential subdivision composed largely of housing intended for the local workforce is coming to Washington County. Gov. Glenn Youngkin, Ardent Development Group owner Jerome Malinay and others attended an Oct. 21, 2025, groundbreaking for the roughly 325-home Sunny Valley subdivision. “Housing’s very much needed … to facilitate and promote the future job growth, the […]

Chesapeake Regional Medical Center. Photo courtesy Chesapeake Regional Healthcare
Top Stories December 30, 2025

500+ ex-patients sue Chesapeake Regional, alleging negligence, unnecessary surgeries

Over 500 plaintiffs are suing Chesapeake Regional Medical Center, its current CEO and two former CEOs for negligence, seeking $10 million each.

Buc-ee’s could open first Va. store in New Kent
Central Virginia December 29, 2025

Buc-ee’s delays second Virginia location by four years

Buc-ee’s has pushed the expected opening of its New Kent County travel center from 2027 to December 2031.

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Top Stories

Dr. Craig Kent was CEO of UVA Health until his resignation in February 2025. Photo courtesy University of Virginia

Former UVA Health CEO sues attorneys, firm in $34M defamation case

Former UVA Health CEO Dr. Craig Kent is suing three attorneys and a law firm for allegedly running a[...]

A Neptune statue overlooks a walkway in the center of the photo. A hotel is visible on the right side.

Virginia Beach to get $355M VA clinic, creating 600 jobs

A $355 million U.S. Department of Veterans Affairs outpatient clinic will be built in the Virginia B[...]

Depositphotos

Richmond National to expand operations, create 75 jobs in Henrico

Richmond National Group plans to invest $1.75 million to expand operations and create 75 jobs at the[...]

AeroFarms to close Pittsylvania operations; 173 to lose jobs

AeroFarms works toward sale of Pittsylvania location; closure delayed

AeroFarms works through a sale process as its Danville vertical farm faces possible closure and 145 [...]

The George Washington University Virginia Science and Technology - PHOTO: ADOBESTOCK

GW sells Ashburn campus to Amazon subsidiary for $427M

George Washington University has sold its 122-acre Virginia Science and Technology Campus in Ashburn[...]

The 2026 Virginia Black Business Leaders Awards

2026 Virginia Power 50 List

Many of the 50 most powerful people in Virginia are here because they lead major corporations, such [...]

People

Cary Hagen, Bobby Scott, Kevin Briggs and Pete Hansen. Photo courtesy CV International. Background image courtesy of the Port of Virginia

CV International, Capes tap new executives

4/3/2026

Default Alt Text

TowneBank appoints new CIO

3/3/2026

Ashish Jandial

ASGN announces commercial segment presidents

27/2/2026

Regions

Three data center projects totaling 7 million-plus square feet are under construction now in Stafford County. Photo by HAIYAN/Adobe Stock

NoVa data center development moves down I-95

Stafford County is experiencing rapid data center growth with three major projects underway and 18 i[...]

VFP’s Scott Jones says the company will have six buildings on its Duffield campus after its latest expansion. Photo by Earl Neikirk

VFP moves forward on $30M expansion in Scott County

VFP is investing $35 million to expand its Scott County facility, adding new buildings and jobs to s[...]

Arlington County reported investment in about 268,000 square feet of office space in 2025. Photo courtesy Adobe Stock

Northern Virginia focuses on strengths amid federal cuts

Northern Virginia's economy adapts to federal job cuts in 2025 by expanding defense tech, aerospace,[...]

Wrap Technologies held a ribbon cutting in September 2025 for its $4 million manufacturing headquarters in Norton. Official photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin

Manufacturing-heavy Southwest Virginia captures new industries 

Southwest Virginia sees major investments in manufacturing, indoor agriculture, and energy projects,[...]


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