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Home>Katherine Schulte

Katherine Schulte

Recent Articles from Katherine Schulte

Gov. Glenn Youngkin signed on Oct. 31, 2025, a memorandum of understanding with AstraZeneca, Eli Lilly, Merck and state entities to establish a training center. Photo by Katherine Schulte/Virginia Business
Central Virginia October 31, 2025

AstraZeneca, Eli Lilly, Merck commit $120M to Virginia pharma training

AstraZeneca, Eli Lilly and Merck committed $120 million to develop an advanced pharmaceutical manufacturing training center in Central Virginia.

Touhill_Ryan
Economic Development October 30, 2025

Touhill leaving Arlington Economic Development

Arlington Economic Development Director Ryan Touhill is leaving AED, the Arlington Chamber of Commerce confirmed Thursday.

Photo courtesy CarMax
Central Virginia October 30, 2025

Fortune 500 retailer CarMax lays off 350 employees

Goochland County-based Fortune 500 used car retailer CarMax is laying off about 350 employees nationally, including 55 in Virginia.

Construction workers, bottom right, atop the U.S. Treasury, watch as work continues on a largely demolished part of the East Wing of the White House on Oct. 23, 2025, before construction of a new ballroom. (AP Photo/Jacquelyn Martin)
Central Virginia October 29, 2025

Two Virginia companies donate to White House ballroom project

Altria Group and Booz Allen Hamilton donating to President Donald Trump’s roughly $300 million White House ballroom construction project.

A ham on a cutting board. Half has been sliced. Photo by DepositPhotos
Eastern Virginia October 28, 2025

Ham producer to build $1.2M facility in Isle of Wight County

The Isle of Wight County is bringing home the bacon in the form of a $1.2 million Darden Hams production facility.

Heaps of industrial coal. Coal mine, coal storage.
Energy/Green October 27, 2025

Coal mining company to lay off 118 in Southwest Virginia

Wellmore Energy Co. a metallurgical coal mining company, is again planning to lay off workers in Buchanan County.

A worker at Merck's Elkton facility. Copyright Merck & Co., Inc., Rahway, NJ, USA and its affiliates. All rights reserved.
Shenandoah Valley October 20, 2025

Merck to build $3B facility in Elkton

Merck & Co. is starting construction on a $3 billion pharmaceutical manufacturing facility in Elkton that is expected to create 500 jobs.

IMG_2430 Civica in Petersburg, photo taken March 7, 2024
Central Virginia October 17, 2025

Civica to start selling long-acting insulin in January 2026

Civica will begin selling a type of insulin on Jan. 1, 2026, although it will not come from the nonprofit drug maker’s Petersburg facility.

A slot machine
Central Virginia October 16, 2025

Virginia casinos report $73M in September revenue

September gaming revenues for Virginia’s three casinos totaled $73.08 million, down almost 14% month-over-month but up 29% year-over-year

Photo by DepositPhotos
Central Virginia October 15, 2025

Genworth’s CareScout to acquire senior care tech company for $20M

CareScout Holdings, a subsidiary of Henrico County-based Fortune 1000 insurer Genworth Financial, announced Wednesday it plans to acquire Seniorly.

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Top Stories

Depositphotos_888565840_XL

Virginia joins 12 states alleging Nexstar, Tegna violating hold separate order

Virginia Attorney General Jay Jones alleges Nexstar and Tegna violate a court order halting their me[...]

Depositphotos_323174070_S

Chesapeake approves 8-month pause on data center applications

Chesapeake City Council voted to pause consideration of data center applications for up to eight mon[...]

Dominion Energy's headquarters at 600 E. Canal St. in Richmond. Photo by Kira Jenkins/Virginia Business

GOP legislators call for extension of SCC’s review time of Dominion merger

Two legislators have requested that Gov. Abigail Spanberger call a special legislative session to ex[...]

ASRC Federal President and CEO Mike Manzo. Photo courtesy ASRC Federal

ASRC Federal names new CEO, as Felix steps down

ASRC Federal, the Reston-based federal contractor and subsidiary of Arctic Slope Regional, has a new[...]

Virginia Gov. Glenn Youngkin speaks at a Sept. 16, 2025, news conference announcing a $5 billion Eli Lilly pharmaceutical manufacturing plant for Goochland County. Photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin

Youngkin takes chairman role at Red Cell Partners

Former Virginia Gov. Glenn Youngkin joined Red Cell Partners as partner and chairman of the technolo[...]

Tatia Daniels Granger. Photo courtesy Averett University

Averett University names next president, its fourth in 18 months

Tatia Daniels Granger becomes Averett University's fourth president in 18 months as the Danville sch[...]

People

Hernandez-Brown-header

Guidehouse appoints new CFO and chief transformation officer

24/7/2026
Peraton’-new-CFO-Salim-Omar

Peraton promotes acting CFO to permanent role

16/7/2026
Diana Cantor. Photo courtesy VCU Health

Richmond-area attorney is first elected chair of VCU Health

15/7/2026

Regions

Newport News, Virginia Tech and state officials on April 22 hold a ribbon cutting to celebrate SEFC’s opening. Photo by Josh Janney/Virginia Business

Energy tech hub opens in Newport News

The Secure Energy Future Center backed by Virginia Tech opens in Newport News with $2.7 million fund[...]

The new Volvo VNR 300 was introduced in February. Photo courtesy Volvo Trucks North America

Volvo Trucks’ Dublin plant rolls out regional hauler

Volvo Trucks North America’s Dublin plant has begun production of the new VNR regional hauler, boo[...]

Tenaska, a Nebraska energy company, hopes to build a battery energy storage project near Leesburg. Photo by Alamy

$750M battery storage project eyed in Loudoun

Energy company Tenaska is seeking approval for a $750 million, 425-megawatt battery energy storage p[...]

A rendering of Virginia Technology Park, a data center campus proposed in Frederick County Image courtesy Frederick County

Valley communities prepare for data centers

As interest in data centers grows across Virginia, Shenandoah Valley communities are debating how to[...]


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