Recent Articles from Katherine Schulte
Chesterfield Carvana facility opens with 240 employees
Fortune 500 used car online retailer Carvana Co. is more than halfway to its 400-employee hiring goal for its $25 million, 191,000-square-foot Chesterfield County inspection center, General Manager Robert Sheets said Wednesday at the center’s ribbon cutting. Carvana has hired 240 employees and expects to reach 400 workers when it begins full production later this […]
StoneSprings, Dominion hospitals name new CFO
Christopher “Chris” Landry will become chief financial officer for StoneSprings Hospital Center and Dominion Hospital on Sept. 5, HCA Virginia Health System announced Tuesday. “We are excited to have Chris join our leadership team,” StoneSprings Hospital Center CEO Nathan Vooys said in a statement. “I am confident that his experience has given him a strong […]
DroneUp appoints second Walmart exec to board
Virginia Beach-based DroneUp LLC has appointed David Guggina, Walmart Inc.’s senior vice president of innovation and automation, to its board of directors, the commercial drone delivery and flight services company announced Monday. “DroneUp has been a key player in making customer delivery via drone a reality for millions of customers across the country,” Guggina said […]
Va. officials woo chip manufacturers
U.S. Sen. Mark Warner and state and local economic development officials are vying to attract semiconductor chip manufacturing facilities to four Virginia industrial sites as the commonwealth gears up to fight for a piece of the financial pie from sweeping federal legislation that promises to ramp up chip production in the U.S. Representatives of Chesterfield, […]
Va. Beach’s DroneUp to add 655 jobs
Virginia Beach-based DroneUp LLC is adding 655 jobs as part of a $27 million expansion that will include establishing a drone testing, training and research and development center at Richard Bland College, Gov. Glenn Youngkin announced during a news conference Wednesday at the Executive Mansion in Richmond. DroneUp, which specializes in commercial drone delivery and […]
Skanska wins $223M contract for offshore wind farm prep
New York-based Skanska USA won the $223 million contract to redevelop the 72 acres of the Portsmouth Marine Terminal that Dominion Energy Inc. will use as a staging area for its $9.8 billion Coastal Virginia Offshore Wind project. The company announced the award on Tuesday. The CVOW calls for the construction of 176 wind turbines […]
Virginia Transformer Corp. launches EV charger module
Roanoke-based power transformer manufacturer Virginia Transformer Corp. has entered the electric vehicle market by launching a manufacturing division to create components for commercial electric vehicle power chargers, with plans to expand the initiative, the company announced Monday. Commercial customers can build self-contained, scalable power modules from VTC’s new product, E2V. The unit [...]
Virginia Lottery reports record $3.75B in revenue
The Virginia Lottery posted record sales of $3.75 billion and a record of almost $779.6 million in profits for fiscal year 2022, the lottery’s board announced Tuesday. Sales increased roughly 15% from last year, and the lottery’s profits increased about 1.9% over the prior fiscal year’s record. The lottery’s fiscal year ends on June 30. […]
Fluence announces next CEO, president
Julian Nebreda will become Arlington-based energy storage and digital applications company Fluence Energy Inc.’s president and CEO on Sept. 1. Nebrada succeeds Manuel Pérez Dubuc, who will step down on Aug. 31. Nebreda has been a Fluence board member since September 2021 and was most recently executive vice president and president of U.S. & Global […]
258 Va. companies make this year’s Inc. 5000
This year, 258 Virginia companies made the Inc. 5000 list of the nation’s 5,000 fastest-growing privately held companies. Inc. magazine released the annual compendium Tuesday. Coming in at No. 20 overall, Summit Human Capital was the top-ranked Virginia company on the list. Founded in 2018, the Richmond-based information technology staffing firm serves commercial and government clients, [[...]