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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

CarMax names Barr as next CEO

Goochland County-based CarMax on Thursday named Keith Barr as its next president and CEO, who will t[...]

A data center in Ashburn. Photo by Emily Richardson/CNS

House subcommittee punts on data center bill, but hopes to ‘continue the work’

Virginia lawmakers heard testimony for and against the measure before continuing the bill to 2027.

Jim and Augustine Smith. Photo courtesy of the Smiths.

Couple donates $20M for Virginia Tech medical scholarships

A $20M gift to Virginia Tech Carilion School of Medicine will fund in-state scholarships and help ad[...]

MacArthur Center mall was built in 1999. The city announced it will be demolished this year to make way for a redevelopment. Photo courtesy Norfolk Convention & Visitors Bureau Offices

Norfolk’s MacArthur Center to be demolished this year

The city of Norfolk announced Friday that it will close and demolish the MacArthur Center mall as pa[...]

Boar’s Head reopens Jarratt plant tied to deadly listeria outbreak

Boar’s Head reopens Jarratt plant tied to deadly listeria outbreak

Boar’s Head Provisions reopened its Jarratt meat plant Monday, roughly a year and a half after clo[...]

Gov. Abigail Spanberger speaks during the InternshipsVA event Feb. 4, 2026, at the Omni Hotel Richmond. Photo courtesy Virginia Economic Development Partnership

State commits $14.5M yearly for new paid internship program

Virginia political, higher education and economic development leaders announced InternshipsVA, a new[...]

People

BAE Systems announced that it has appointed Mona Bates as senior vice president and chief information and digital officer, effective Feb. 23. Photo courtesy BAE Systems

BAE Systems hires new chief information and digital officer

12/2/2026

VPM announced that longtime financial executive Ed Brown has joined the company as its new chief financial officer. Photo courtesy VPM

Richmond public media company taps new CFO

11/2/2026

Steven S. Diel. Photo courtesy Universal Corp.

Universal Corp. names CFO after withdrawing offer to another

10/2/2026

Regions

Norfolk casino General Manager Ron Bailey leads a tour of the Interim Gaming Hall, which opened in November 2025. Photo by Kristen Zeis

Will new casino be a jackpot for Norfolk?

Norfolk’s $750M casino project is on track for 2027, but rising competition and lower tax projecti[...]

Clarke County Industrial Development Authority Chair William Waite, Clarke County Director of Economic Development & Tourism Michelle Ridings and Clarke County Board of Supervisors Chair David Weiss stand at the site of a proposed business park. Photo by Norm Shafer

Clarke to repurpose ex-prison site into business park

Clarke County’s long-planned second business park has taken a significant step toward becoming[...]

InternshipsVA could help the region retain talent, says EO’s Travis Staton. Photo by Earl Neikirk

EO to lead internship development program

A new statewide initiative is connecting Southwest Virginia businesses with emerging talent at the r[...]

Vinton Town Manager Pete Peters at Extended Stay America Premier Suites site Photo by Natalee Waters

Roanoke Valley confronts hotel room shortage

As a trio of hotels shuttered in the city over the past several years, the number of rooms available[...]


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