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Recent Articles from Katherine Schulte
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 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 […]
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 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 […]
Virginians bet almost $512M on sports in March
Virginians won $456 million but bet $511.6 million on sports in March, a 9% increase in betting expenditures over March 2022, according to data released Monday by the Virginia Lottery. About $507 million of sports betting revenue came from mobile operators, with the remaining almost $4.59 million coming from casino retail activity out of the […]
Henrico insurer to create 100 jobs in HQ expansion
Specialty insurer Richmond National Group Inc. will invest $350,000 to expand its Henrico County headquarters, a move expected to create more than 100 jobs, Gov. Glenn Youngkin announced Tuesday. The company, founded in 2021 as a holding company for Richmond National Insurance Co., will add 7,200 square feet of office space to its roughly 10,000-square-foot […]
Hokie-hatted host
You can “take the boy out of Winchester, but I don’t think you can take Winchester out of me,” says Brian Sullivan, the anchor of CNBC’s new evening business and financial news roundup show, “Last Call.” The one-hour show, which broadcasts from CNBC’s global headquarters in New Jersey on weeknights at 7 p.m. EST, premiered […]
Port cranes: Cause for concern?
The Port of Virginia may have as many as 30 Chinese ship-to-shore cranes that have come under scrutiny from Pentagon officials over national security concerns. Five more cranes are scheduled for delivery next year. Manufactured by state-owned company Shanghai Zhenhua Heavy Industries Co., known as ZPMC, the cranes are a possible security risk, according to […]
Miles to go
Virginia’s largest-ever highway construction project, the $3.9 billion Hampton Roads Bridge-Tunnel (HRBT) expansion, continues to dominate the state’s ongoing roadwork projects. Construction began in October 2020. The contractor — Hampton Roads Connector Partners, a joint venture led by Dragados USA Inc. that includes Vinci Construction, Flatiron Construction and Dodin Campenon Berna[...]
SAIC wins $889M defense contract
Reston-based Science Applications International Corp. (SAIC) has won an $889 million contract to develop and implement an information technology solution for the Defense Counterintelligence and Security Agency‘s systems, SAIC announced Tuesday. As the prime contractor, SAIC will develop One IT, an enterprise IT solution with an adaptable infrastructure and customer support. The company’[...]
