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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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 […]

Education 2023: JAVAUNE ADAMS-GASTON
Virginia 500 August 30, 2023

Education 2023: JAVAUNE ADAMS-GASTON

Rising in prominence since Adams-Gaston became its leader in 2019, Norfolk State now ranks regularly in the top 20 historically Black colleges and universities, as ranked by U.S. News & World Report. In 2021, Norfolk State received its largest single-donor gift, $40 million from billionaire philanthropist MacKenzie Scott, ex-wife of Amazon.com founder Jeff Bezos. The […]

The 2023 Heavy Hitters list
Virginia 500 August 30, 2023

Federal Contractors | Technology 2023: JENNIFER BOYKIN

After receiving her bachelor’s degree in marine engineering from the U.S. Merchant Marine Academy and a master’s in engineering management from George Washington University, Boykin began her career at Newport News Shipbuilding in 1987 in the nuclear engineering division, moving up the ranks, before becoming president in 2017. She’s the first woman to lead the […]

Retail | Wholesale | Food | Beverage 2023: WILLIAM W. ‘BILL’ LOVETTE
Virginia 500 August 30, 2023

Retail | Wholesale | Food | Beverage 2023: WILLIAM W. ‘BILL’ LOVETTE

Lovette was Sauer Brands’ executive chairman and interim CEO in 2019, when Charlotte, North Carolina-based Falfurrias Capital Group purchased Richmond-based family-owned spice company C.F. Sauer. He then made way for Martin Kelly, who became president and CEO of the renamed Sauer Brands later that year. However, as of January, Lovette is back as CEO at […]

Finance | Insurance 2023: VIKRAM ‘VIK’ ATAL
Virginia 500 August 30, 2023

Finance | Insurance 2023: VIKRAM ‘VIK’ ATAL

Atal was appointed PRA’s president and CEO in March, after serving as a board member since 2015. He previously spent 27 years in leadership positions with Citigroup Inc. and was president and founder of Atal Advisers LLC, a business and strategy consulting firm. PRA Group, a global player in acquiring and collecting nonperforming loans, earned […]

Professional Services 2023: GREG WALLIG
Virginia 500 August 30, 2023

Professional Services 2023: GREG WALLIG

In June, Wallig added a new job title: head of public policy for Chicago-based global accounting firm Grant Thornton. He continues to lead Grant Thornton’s Washington, D.C.-Arlington office as well, a position he took in 2018, 13 years after joining the company. As public policy head, Wallig will develop Grant Thornton’s advocacy strategy, lead Capitol […]

Real Estate 2023: ROBERT C. ‘BOB’ KETTLER
Virginia 500 August 30, 2023

Real Estate 2023: ROBERT C. ‘BOB’ KETTLER

Coming from a long line of real estate developers, Kettler got his start in real estate in 1974, remodeling apartments while still a student at George Washington University. He left school to focus on work. Discovering a passion for community development, he founded real estate development company Kettler in 1977. Founded in 1977, his company […]

Education 2023: GREGORY WASHINGTON
Virginia 500 August 30, 2023

Education 2023: GREGORY WASHINGTON

A first-generation college graduate, Washington became the first Black president of Virginia’s largest and most diverse public university in 2020. Trained in mechanical engineering at North Carolina State University, Washington was elected in February to the National Academy of Engineering. He was previously dean of the University of California, Irvine’s Samueli School of Engineering a[...]

Finance | Insurance 2023: SIMON R.B. HAMILTON
Virginia 500 August 30, 2023

Finance | Insurance 2023: SIMON R.B. HAMILTON

Hamilton’s first job as a teen was mowing lawns — or, rather, running his own lawn-mowing business, with his brother as his first employee. That enterprising spirit has taken him a long way, first to a perch as vice president of investments at Baltimore-based advisory firm Ferris, Baker Watts, and then to Wise Investor Group, […]

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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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