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Home>Katherine Schulte

Katherine Schulte

Recent Articles from Katherine Schulte

A house in Celestial Way, a Stanley Martin Homes development with 43 single-family homes in Yorktown. Photo courtesy Stanley Martin Homes
Real Estate September 18, 2025

Stanley Martin Homes to acquire North Carolina homebuilder

Reston homebuilder Stanley Martin Homes has entered into an agreement to acquire North Carolina-based Windsor Homes’ assets and operations.

Lisa Gilley. Photo courtesy Ellucian
Northern Virginia September 17, 2025

Ellucian announces new chief legal officer

Reston-based Ellucian has hired Lisa Gilley as chief legal officer, the higher education tech company announced Wednesday. She succeeds Jim Bennett, who is retiring after 35 years with Ellucian. Gilley will report directly to Ellucian President and CEO Laura Ipsen and will lead the company’s global legal function, supporting strategic initiatives for the company’s long-term […]

Eli Lilly Chair and CEO Dave Ricks speaks at a news conference in Richmond on Sept. 16, 2025, announcing the pharmaceutical company's $5 billion investment in a new manufacturing plant in Goochland County. Photo by Katherine Schulte
Central Virginia September 16, 2025

Eli Lilly to invest $5B in Goochland plant, creating 650 jobs

Pharmaceutical giant Eli Lilly & Co. plans to invest $5 billion in a manufacturing facility in Goochland County expected to create 650 permanent jobs.

Statewide home sales, inventories rose in November
Real Estate September 15, 2025

Aug. housing inventory, prices rise across Virginia regions

Housing inventory and sold prices rose last month in Northern Virginia, Hampton Roads and Central Virginia, but home sales declined in Hampton Roads.

L to R: Sean Ryan, Jon Newman, Paulyn Ocampo, Lindsay O'Bar and Greg Surber. Photo courtesy The Hodges Partnership.
Industries September 12, 2025

Hodges Partnership sold to 4 SVPs

Ownership of The Hodges Partnership will transition within the firm, the Richmond-based public relations firm announced Wednesday.

Post GreenCity, Henrico tries again
Central Virginia September 11, 2025

Henrico EDA repurchases GreenCity site

The Henrico Economic Development Authority closed on its repurchase of the site of the failed $2.3 billion GreenCity development on Thursday.

Henrico EDA head to leave in 2026
Central Virginia August 25, 2025

Henrico EDA head to leave in 2026

Anthony Romanello, the Henrico County Economic Development Authority’s executive director, will resign from the role early next year.

VIPC CEO Joe Benevento speaks at a May 20, 2024, event with Gov. Glenn Youngkin in the background. Photo courtesy Virginia Innovative Partnership Corp.
Startups August 22, 2025

Virginia aims to boost university startups

Virginia's Lab-to-Launch aims to double university startup spinoffs with a fast-track license and stronger private sector collaboration.

An aerial view of the property at 13264 Mountain Road. Image courtesy Cushman & Wakefield | Thalhimer
Real Estate August 15, 2025

Former Tyson Foods plant in Hanover sells for $5M

The former Tysons Food plant in Hanover County sold for $5 million.

A glass-fronted building in the left side of the frame has "Norfolk Casino" lettering on it. A pool and lounge chairs are shown, as well as a waterfront with sailboats in the water.
Hotels/Tourism August 14, 2025

Temporary Norfolk casino to open in November

The temporary predecessor to the $750 million Norfolk casino is expected to open in November, its developers announced Aug. 14.

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Top Stories

Port of Virginia nears finish of $450M dredging project

Federal employment, trade declined in 2025 in Virginia

Virginia saw some economic growth in 2025, but it was slow compared to 2024, and statewide unemploym[...]

Gov. Glenn Youngkin announced LS Cable & System's plans for additional facilities in Chesapeake at the Patrick Henry Building in Richmond on Dec. 12, 2025. Photo by Katherine Schulte/Virginia Business.

LS Cable to add $689M factory in Chesapeake, creating 430 jobs

LS Cable & System is more than doubling its capital investment in Chesapeake manufacturing facilitie[...]

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL

Mars completes $36B Kellanova acquisition

McLean-based candy and pet care giant Mars announced Thursday that it has completed its $36 billion [...]

Depositphotos

Avio USA picks Virginia for $500M solid rocket motor factory

Avio USA plans a Virginia solid rocket motor facility, committing up to $500 million to expand U.S. [...]

Eaton to invest $50M in Henrico expansion, adding 200 jobs

Eaton to invest $50M in Henrico expansion, adding 200 jobs

Eaton will invest over $50 million to expand its existing manufacturing footprint in Henrico County [...]

Stocks slip as S&P 500 pulls back from record high

University board fight ends; Spanberger to fill 22 seats

The legal battle between Gov. Glenn Youngkin and state Senate Democrats over university boards of vi[...]

People

Science Applications International Corp. (SAIC) has tapped Peraton executive Ravi Dankanikote to be chief growth officer. Photo courtesy SAIC

Peraton executive returns to SAIC as chief growth officer

17/12/2025

Theodore “Ted” Tanner Jr. will join Leidos as CTO in January. Photo courtesy Leidos

Leidos names AI chief technology officer

15/12/2025

Fritz Sassine. Photo courtesy Virginia General Assembly

Virginia legislature appoints new automated systems director

9/12/2025

Regions

The Hard Rock Hotel & Casino Bristol produced $13.18 million in gaming tax revenue for 14 localities. Photo courtesy Hard Rock Hotel & Casino Bristol

Bristol hopes for bigger share of casino tax

The Hard Rock Hotel & Casino Bristol this November marked its first year in its permanent facili[...]

June 2025 for the record

FOR THE RECORD December 2025

Central Virginia  Pharmaceutical giants AstraZeneca, Eli Lilly & Co. and Merck & Co. have c[...]

Four cards and a stack of chips on a green felt table

Virginia casinos report $82M in October revenue

October gaming revenues for Virginia’s three casinos totaled $82.1 million, according to data the [...]

Virginia Intermont College campus owner modifies plans

Virginia Intermont College campus owner modifies plans

The owner of the former Virginia Intermont College in Bristol plans a new four-year school and mixed[...]


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