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Home>Katherine Schulte

Katherine Schulte

Recent Articles from Katherine Schulte

Tech manufacturer to add 32 jobs in Newport News
Economic Development May 26, 2022

Tech manufacturer to add 32 jobs in Newport News

Newport News-based automated machinery designer Mühlbauer Inc. will invest $9 million to expand its Newport News operation, a project expected to create 32 jobs, Gov. Glenn Youngkin announced Thursday. Mühlbauer Inc. is the U.S. subsidiary of German company Mühlbauer Group. The company will make upgrades to its Oakland Industrial Park facility and add production equipment. […]

Bio-plastic startup wins Lighthouse Labs pitch contest
Small Business May 25, 2022

Bio-plastic startup wins Lighthouse Labs pitch contest

While pitching to the sharks, entrepreneur Alec Brewer told them, “I do have white powder in my pocket,” before quickly clarifying that it wasn’t an illicit substance: “It’s PHB! It’s PHB!” Brewer passed the vial over for the sharks’ inspection during his Lighthouse Labs Demo Day pitch Thursday for his company, Ourobio, of which he […]

Carilion receives $1M gift for cancer program
Healthcare May 24, 2022

Carilion receives $1M gift for cancer program

Roanoke real estate developer Maury Strauss has donated $1 million in honor of his late wife to support the expansion of Carilion Clinic’s cancer program, Carilion announced Tuesday. Sheila Strauss died of bladder cancer in 2016; the couple were married 65 years. Maury Strauss is the founder of Strauss Development Corp. “We are so grateful […]

Colonna’s Shipyard promotes three execs
People May 23, 2022

Colonna’s Shipyard promotes three execs

Norfolk-based Colonna’s Shipyard Inc. announced Monday it had promoted three executives to senior management positions, effective in July. CSI has promoted Jordan Webb from vice president of contracts to vice president of shipyard operations; Randall Crutchfield from chief experience officer and executive director of Steel America and Weld America to vice president of industrial operations [[...]

Booz Allen Hamilton promotes exec to COO
People May 23, 2022

Booz Allen Hamilton promotes exec to COO

McLean-based Fortune 500 global management consultant Booz Allen Hamilton Inc. announced Friday that it had promoted executive Kristine Martin Anderson to chief operating officer, effective June 1. Anderson is currently an executive vice president and president of the firm’s civil sector division. “She has demonstrated the ability to grow and manage technology-first businesses, develop tal[...]

Port, Army Corps formalize dredging cost-share agreement
Ports/Trade May 20, 2022

Port, Army Corps formalize dredging cost-share agreement

The Port of Virginia and the U.S. Army Corps of Engineers signed an agreement Friday that formalized their collaboration on the Norfolk Harbor dredging project to deliver the East Coast’s widest and deepest channels by 2024. The Army Corps also will use federal funding to award its first construction contract for the project, which started […]

Executive insights
People May 19, 2022

Gilbert Bland to receive Civic Leadership Institute award

Urban League of Hampton Roads President and CEO Gilbert T. Bland will receive the Civic Leadership Institute’s 2022 Individual Darden Award, the Norfolk-based nonprofit organization announced Thursday. “Over the last three decades, I have joined with many to build upon the efforts of countless, often unsung, past leaders to help improve the lives and build […]

Va. Food Industry Association taps new exec director
People May 19, 2022

Va. Food Industry Association taps new exec director

Melissa Assalone is the Virginia Food Industry Association’s new executive director, the Richmond-based association announced Wednesday. Assalone, who previously served as deputy legislative director in Gov. Ralph Northam’s administration, assumed the role on Monday. She succeeds Parker Slaybaugh,  who is now Virginia’s chief deputy secretary of agriculture and forestry. “Meli[...]

Shamin Hotels buys Renaissance Portsmouth Norfolk Waterfront Hotel
Hotels/Tourism May 19, 2022

April Va. hotel revenues down slightly from pre-pandemic

Virginia hotel revenues in April were down 3.5% compared with pre-pandemic April 2019 revenues, largely due to the lagging Northern Virginia market, according to data released Wednesday by STR Inc., a division of CoStar Group Inc. that provides market data on the U.S. hospitality industry. Hotel rooms sold decreased by 4.7% last month, compared with […]

FTC fines Capital One CEO for failing to file stock transaction
Money May 18, 2022

Capital One to reopen offices in September

McLean-based Capital One Financial Corp. will return to U.S. offices in a hybrid model on Sept. 6, CEO Richard Fairbank announced Wednesday. Capital One has delayed planned hybrid reopenings twice, from September 2021 to November 2021, and then indefinitely when the company announced its decision to postpone again in October 2021. “As we get closer […]

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Top Stories

Photo courtesy CarMax

Fortune 500 retailer CarMax lays off 230 employees, many in Virginia

Goochland County-based Fortune 500 used car retailer CarMax has laid off approximately 230 employees[...]

Depositphotos

Solstice Advanced Materials to invest $220M in Chesterfield expansion

Solstice Advanced Materials plans to invest $220 million to expand production at its manufacturing f[...]

TowneBank in Chesterfield County. Photo by Kira Jenkins

TowneBank completes $476M acquisition of Dogwood State Bank

Suffolk-based TowneBank announced Monday that it has completed its $476 million acquisition of North[...]

Woman accused of running high-end brothels in Northern Virginia and near Boston set to be sentenced

Virginia Supreme Court orders new trial in $2B Appian-Pega case

The Virginia Supreme Court ordered a new trial in a $2 billion trade secrets lawsuit involving McLea[...]

Four ship-to-shore container cranes the Port of Virginia put into service at Virginia International Gateway in April 2025. The port will complete its $450 million dredging project next month, delivering the deepest shipping channels on the East Coast. Photo courtesy Virginia Port Authority

Port of Virginia to complete $450M dredging project in February

The Port of Virginia will complete its $450 million dredging project next month, delivering the deep[...]

Defense Secretary Pete Hegseth speaks to an audience at Newport News Shipbuilding on Jan. 5, 2026, part of his "Arsenal of Freedom" industry tour. Photo by Josh Janney

In Newport News speech, Hegseth calls for faster delivery of warships

Secretary of Defense Pete Hegseth calls for faster delivery, tighter cost discipline in Newport News[...]

People

Dave Wajsgras is Everfox's new chairman and CEO. Photo courtesy Everfox

Former Intelsat CEO to head Herndon cybersecurity company

13/1/2026

Real Estate Information Network's new president John Chandler. Photo courtesy REIN

REIN announces 2026 board of directors

12/1/2026

Marshall French, new president of Sauer Properties.

Sauer Properties taps new president

9/1/2026

Regions

Tourism bet pays off for Danville and Pittsylvania

In 2024, visitor spending across Danville and Pittsylvania County reached $275.2 million, according [...]

Shenandoah University President Tracy Fitzsimmons announced the Shine campaign on Sept. 13, 2025. Photo courtesy Shenandoah University

Shenandoah University launches $100M fundraising campaign

Shenandoah University has launched a $100 million fundraising campaign that aims to add a major new [...]

Developer Jerome Malinay spoke at the Sunny Valley subdivision groundbreaking. Photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin

Washington County workforce housing project launches

A residential subdivision composed largely of housing intended for the local workforce is coming to [...]

L to R: Virginia Peninsula Community College officials Bobby Perkins, Towuanna Porter Brannon, Steven Carpenter and Todd Estes at trades center groundbreaking Photo courtesy VPCC

Newport News trades center to power maritime workforce

Virginia Peninsula Community College is building a $9 million trades center in southeast Newport New[...]


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