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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Law 2023: A. BENJAMIN SPENCER
Virginia 500 August 30, 2023

Law 2023: A. BENJAMIN SPENCER

In 2020, Spencer became the first Black dean to lead William & Mary Law School. A year later, he was awarded the Marshall-Wythe School of Law Foundation Trustee Professorship. He previously held professorships and academic appointments at Harvard Law School, University of Chicago Law School, University of Virginia School of Law and others. Spencer started his […]

Virginia 500 August 30, 2023

2023 Virginia 500: Education

  Makola M. Abdullah PRESIDENT, VIRGINIA STATE UNIVERSITY, ETTRICK      Javaune Adams-Gaston  PRESIDENT, NORFOLK STATE UNIVERSITY, NORFOLK   Jonathan R. Alger PRESIDENT, JAMES MADISON UNIVERSITY, HARRISONBURG   Peter Blake DIRECTOR, STATE COUNCIL OF HIGHER EDUCATION FOR VIRGINIA, RICHMOND   Lance R. Collins VICE PRESIDENT AND EXECUTIVE DIRECTOR, VIRGINIA TECH INNOVA[...]

Agriculture 2023: MATTHEW J. LOHR
Virginia 500 August 30, 2023

Agriculture 2023: MATTHEW J. LOHR

Lohr has worked in agriculture and public service for his entire career. As Virginia’s secretary of agriculture and forestry since January 2022, he manages an 810-employee department that oversees Virginia’s largest private sector, which has an annual economic impact of over $105 billion. A three-term state delegate and former commissioner of the Virginia Department of […]

Arts/Entertainment/Sports: KEVIN LEMBKE
Virginia 500 August 30, 2023

Arts | Entertainment | Sports 2023: KEVIN W. LEMBKE

Lembke has spent his entire career in the amusement park industry, starting at SeaWorld Orlando in 2000, and he’s been president of Busch Gardens Williamsburg and Water Country USA since 2018 (except for a brief break in 2019). In preparation for the park’s 2023 season, he oversaw the opening of two new rides: DarKoaster, an […]

Economic Development 2023: CAREN MERRICK
Virginia 500 August 30, 2023

Economic Development 2023: CAREN MERRICK

After 25 years as a Virginia business founder and leader, Merrick was appointed the commonwealth’s secretary of trade and commerce in early 2022, her first role in state government. She helped encourage Amazon Web Services to invest $35 billion to build multiple data center campuses across the state, an initiative announced in January. She also […]

Education 2023: MICHAEL RAO
Virginia 500 August 30, 2023

Education 2023: MICHAEL RAO

In his 14th year at VCU, Rao has had a year of ups and downs. VCU opened its $125 million STEM building in April, and in May it announced an $18 million donation from Washington, D.C.-based real estate analytics company CoStar Group to build an academic building for arts and innovation. However, VCU Health made […]

Federal Contractors | Technology 2023: MEHUL P. SANGHANI
Virginia 500 August 30, 2023

Federal Contractors | Technology 2023: MEHUL P. SANGHANI

A Virginia Tech graduate, Sanghani runs one of the fastest growing federal contractors in Virginia’s tech sector. In December 2022, IBM announced it would purchase Octo from Arlington Capital Partners for an undisclosed sum, and Octo is now a part of IBM Consulting’s U.S. public and federal market arm. Born in India, Sanghani was raised […]

Health Care 2023: LT. GEN. TELITA CROSLAND
Virginia 500 August 30, 2023

Health Care 2023: LT. GEN. TELITA CROSLAND

Previously deputy surgeon general for the U.S. Army, Crosland became director of the Defense Health Agency in January, following her confirmation last year by the U.S. Senate. With a staff of nearly 140,000 civilians and military personnel and a budget of more than $54 billion, the decade-old Defense Health Agency is responsible for providing medical […]

Manufacturing 2023: JOHN M. STEITZ
Virginia 500 August 30, 2023

Manufacturing 2023: ASHLEY B. SMITH

Smith, the third generation of his family to lead the precast concrete company, became CEO in 2018 and board chairman in 2022. The Fauquier County business was started by his grandfather, David G. Smith, in 1960 as Smith-Cattleguard, named for its concrete cattleguard innovation. By 1995, Smith-Midland was a publicly traded company. Today, the company […]

Manufacturing 2023: ASHLEY B. SMITH
Virginia 500 August 30, 2023

Manufacturing 2023: JOHN M. STEITZ

A global manufacturer of plastic films and aluminum extrusions, Tredegar is a 1989 spinoff of Richmond fuel additives company Ethyl. Steitz was named president and CEO in 2019 following the retirement of John D. Gottwald, who had served in the role for 30 years. Steitz had served on Tredegar’s board of directors since 2017 while […]

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Top Stories

United States Federal Communications Commission logo and U.S. flag are seen in this illustration taken April 23, 2025. REUTERS/Dado Ruvic/Illustration

FCC approves $3.5B sale of Tegna to Nexstar despite state objections

The FCC approved Nexstar's $3.54 billion acquisition of Tegna, expanding its reach to 80% of U.S. TV[...]

The Lego Group has already hired more than 500 workers in the Richmond region as it builds its $1 billion Chesterfield County factory. Photo courtesy The Lego Group

Lego to double Chesterfield workforce to 900 by end of year

The Lego Group expects its workforce at the $1 billion Chesterfield facility under construction to g[...]

Bon Secours St. Francis Medical Center. Photo by Virginia Business/Kira Jenkins.

State approves three Chesterfield hospital projects, totaling $672M

Virginia State Health Commissioner Cameron Webb last week signed off on three Chesterfield County ho[...]

A slot machine

Tysons casino bill clears General Assembly

Virginia lawmakers approved a bill allowing a Fairfax County referendum on a Tysons casino. The meas[...]

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With Assembly passage, Virginia inches closer to cannabis retail sales

Virginia lawmakers approved a bill to regulate adult-use cannabis retail sales, establishing taxes a[...]

Depositphotos

Virginia House and Senate clash over data center tax breaks

A fight between the Virginia House and Senate over a tax break for data centers has brought budget n[...]

People

Rooksby.   Photo courtesy of the University of Richmond

Gonzaga dean to head up University of Richmond School of Law 

20/3/2026

New president of Massimo Zanetti Beverage USA

Portsmouth coffee manufacturer announces new president

19/3/2026

L to R: Harry Golliday and William "Billy" Beale. Photo courtesy Blue Ridge Bankshares

Blue Ridge Bankshares CEO retires after turnaround

16/3/2026

Regions

Three data center projects totaling 7 million-plus square feet are under construction now in Stafford County. Photo by HAIYAN/Adobe Stock

NoVa data center development moves down I-95

Stafford County is experiencing rapid data center growth with three major projects underway and 18 i[...]

VFP’s Scott Jones says the company will have six buildings on its Duffield campus after its latest expansion. Photo by Earl Neikirk

VFP moves forward on $30M expansion in Scott County

VFP is investing $35 million to expand its Scott County facility, adding new buildings and jobs to s[...]

Arlington County reported investment in about 268,000 square feet of office space in 2025. Photo courtesy Adobe Stock

Northern Virginia focuses on strengths amid federal cuts

Northern Virginia's economy adapts to federal job cuts in 2025 by expanding defense tech, aerospace,[...]

Wrap Technologies held a ribbon cutting in September 2025 for its $4 million manufacturing headquarters in Norton. Official photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin

Manufacturing-heavy Southwest Virginia captures new industries 

Southwest Virginia sees major investments in manufacturing, indoor agriculture, and energy projects,[...]


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