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Home>Katherine Schulte

Katherine Schulte

Recent Articles from Katherine Schulte

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Hotels/Tourism May 16, 2023

Va. casinos report $35.4M in April revenue

Gaming revenues from Virginia’s two casinos open in April totaled $35.4 million last month, according to data released Monday from the Virginia Lottery. Rivers Casino Portsmouth, which received its casino license in November 2022 and opened Jan. 23, reported $21.3 million in adjusted gross revenue (wagers minus winnings) in April. Of that, $13.8 million came […]

News May 15, 2023

Hampton Roads housing inventory rises, listings still low

Residential inventory in Hampton Roads has risen slightly from last year, although active listings remain below pre-pandemic levels, according to April data from the Real Estate Information Network Inc. (REIN). Active listings in April were down 0.97% year-over-year from the 3,187 listings that REIN recorded in April 2022. Pending sales stood at 2,363, down 21% […]

Manufacturing May 10, 2023

Air compressor maker plans $7.4M Norfolk expansion

Norfolk-based Bauer Compressors Inc., a subsidiary of Munich-based Bauer Kompressoren Group, will invest $7.4 million to expand its production capacity in Norfolk, creating an estimated 47 jobs, Gov. Glenn Youngkin announced Wednesday. The company will increase its capacity to produce hydrogen and natural gas compressors. “Bauer’s long-term success in the city of Norfolk reinforces the [&h[...]

From left: NSU Board of Visitors Rector Devon M. Henry, Conrad M. Hall and NSU President Javaune Adams-Gaston hold a ceremonial check for Hall's $1 million donation.
Education May 9, 2023

NSU receives $1M donation for chair endowment

Retired Dominion Enterprises Inc. President and CEO Conrad M. Hall has donated $1 million to Norfolk State University, the university announced Friday. The gift from Hall, who serves on NSU‘s board of visitors, will support the creation of an endowed chair, the Conrad M. Hall Endowed Chair in Constitutional and U.S. History, in NSU’s Department […]

Federal Contracting May 9, 2023

ASRC Federal closes $350M purchase of SAIC logistics biz

The $350 million cash sale of Science Applications International Corp. (SAIC)’s logistics and supply chain management business to ASRC Federal Holding Company LLC is complete, the Reston-based companies announced Monday. ASRC and Fortune 500 tech contractor SAIC first announced the deal in March. With the sale’s completion, 240 SAIC employees transitioned to ASRC Federal. “We [&helli[...]

G. William "Billy" Beale
People May 8, 2023

Blue Ridge Bank names CEO

G. William “Billy” Beale became CEO of Blue Ridge Bank National Association on Sunday, giving the bank a leader separate from that of its parent company, Charlottesville-based Blue Ridge Bankshares Inc. “I am excited to have the opportunity to join this team at a critical time in the banking industry,” Beale said in a statement. […]

News May 4, 2023

Agtech startup to invest $25M in Albemarle expansion

Agricultural biotech startup AgroSpheres will invest $25 million to expand in Albemarle County, creating an estimated 50 jobs, Gov. Glenn Youngkin announced Thursday. The company will increase production at its facility at 1180 Seminole Trail and build a research and development and demonstration facility for new products, which will be a pilot plant for a […]

Sentara Health logo
Healthcare May 4, 2023

Sentara Healthcare rebrands as Sentara Health

Sentara Healthcare is rebranding as Sentara Health, the Norfolk-based health system announced Thursday. Additionally, in its health insurance division, Sentara will retire Sentara Health Plans’ subsidiary brands, Optima Health and Virginia Premier, unifying them under the Sentara Health Plans brand by the end of the year. “It is an exciting day for all of us […]

Manufacturing May 3, 2023

Lynchburg transformer manufacturer to add 149 jobs

Industrial power equipment manufacturer Delta Star Inc. will invest $30.2 million to expand its manufacturing operation and headquarters in Lynchburg, creating an estimated 149 jobs, Gov. Glenn Youngkin announced Wednesday. The company will add 80,000 square feet of mobile power transformer manufacturing space to its 300,000-square-foot facility located at 3550 Mayflower Drive and will consolidate[...]

Katie Cristol
People May 2, 2023

Katie Cristol to lead Tysons development nonprofit

Arlington County Board of Supervisors member Katie Cristol will step down early to take a job as the first permanent CEO of the Tysons Community Alliance, the Tysons community development nonprofit announced Tuesday. Cristol will assume the role on July 5, relieving acting CEO Richard Bradley. In October 2022, the Tysons Community Alliance replaced the […]

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Top Stories

A rendering of Commonwealth Fusion Systems' planned facility in Chesterfield County. Image courtesy CFS.

Chesterfield planners approve $2.5B+ nuclear fusion plant

The Chesterfield County Planning Commission unanimously recommended approving a permit Commonwealth [...]

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U.S. Department of Education finds GMU violated civil rights law

George Mason University has been found in violation of civil rights law, the U.S. Department of Educ[...]

Jefferson Lab seeks voluntary 7% workforce reduction

Jefferson Lab seeks voluntary 7% workforce reduction

Jefferson Lab Director Jens Dilling confirmed Thursday that the lab wants 7% of its workforce to agr[...]

Ex-Virginia House Speaker Gilbert resigns as U.S. attorney after 1 month

Ex-Virginia House Speaker Gilbert resigns as U.S. attorney after 1 month

Former speaker of the House of Delegates resigned after a little more than a month as U.S. attorney [...]

Aaron Noble, Virginia Tech professor and department head, (left) and Francisco Haussmann, project superintendent for Aclara Resources, in the Virginia Tech lab Aug. 14, 2025. Photo by Natalee Waters

Mining company partners with Virginia Tech on rare earths plant

Aclara plans to invest $10 million on rare earths separation pilot plant at Virginia Tech to boost U[...]

Mary Washington Healthcare, UMW plan to launch medical school

Mary Washington Healthcare, UMW plan to launch medical school

Mary Washington Healthcare is planning to partner with the University of Mary Washington to launch a[...]

People

Peraton taps new chief growth officer

Peraton taps new chief growth officer

11/8/2025

Thalhimer taps new commercial property services leader

Thalhimer taps new commercial property services leader

5/8/2025

Dollar Tree promotes new chief legal officer

Dollar Tree promotes new chief legal officer

31/7/2025

Regions

Salem manufacturers plan expansions

Salem manufacturers plan expansions

Three advanced manufacturing operations with roots in Salem recently revealed plans to expand facili[...]

Port of Virginia nears finish of $450M dredging project

Port of Virginia nears finish of $450M dredging project

Seven years after the Port of Virginia launched a $450 million dredging project to become the deepes[...]

Trump coal policy changes could boost Southwest Virginia

Trump coal policy changes could boost Southwest Virginia

Southwest Virginia officials say President Donald Trump’s executive orders aimed at revitalizi[...]

Transco pipeline to expand for Virginia power demand

Transco pipeline to expand for Virginia power demand

In May, Tulsa, Oklahoma-based energy company Williams announced an expansion of its Transcontinental[...]


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