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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

business news January 30, 2023

February 2023 Top Five

The top five most-read daily news stories on VirginiaBusiness.com from Dec. 15, 2022, to Jan. 13 included an update on the planned merger of Eastern Virginia Medical School into Old Dominion University. 1  |  Youngkin budget outlines EVMS/ODU merger by 2024 EVMS would merge with ODU by July 2024, according to Gov. Glenn Youngkin’s proposed […]

out & about January 30, 2023

Out & About February 2023

  1. L to R: The United Company Foundation Chairman James McGlothlin, Director Frances McGlothlin and President and Treasurer Lois Clarke, with United Way of Southwest Virginia President and CEO Travis Staton and Vice President of Community Impact Mary Anne Holbrook. The foundation made a $50,000 investment in UWSWVA’s Ignite Program in December 2022.  2. […]

Making strides
Black Business Leaders January 30, 2023

JOSEPH D. WILKINS

In Halifax County, where Wilkins grew up, people took care of one another, he says. That compassionate culture, plus seeing his father go through rehab after a car accident, inspired him to become a physical therapist. But Wilkins wanted to do more to help people be well and safe, so he went back to school […]

Executive insights
Black Business Leaders January 30, 2023

MARCIA CONSTON

Conston saw early on the value that education has for marginalized communities. She knew her goal was “to become someone to effect change in the lives of young people. And I knew that education would be the path to do that.” Conston began her career as a college administrator at her alma mater, Mississippi’s Jackson […]

ANGELA D. REDDIX
Black Business Leaders January 30, 2023

ANGELA D. REDDIX

Getting ARDX up and running was not a 9-to-5 job. “It took saying ‘yes’ when others said ‘no,’” says Reddix, who founded her health care management and IT consulting firm in 2006. Her years of heavy lifting paid off, and ARDX has won more than $200 million in government contracts and is planning a $2.4 […]

Making strides
Black Business Leaders January 30, 2023

VICTOR CARDWELL

Hall of Fame member A former University of Virginia defensive back and high school athlete from Lynchburg, Cardwell has built a career in labor law. After graduating from Washington & Lee University School of Law, he worked at the Department of Labor’s Benefits Review Board before joining Woods Rogers, the Roanoke-based law firm (now Woods […]

WARREN THOMPSON
Black Business Leaders January 30, 2023

WARREN THOMPSON

Hall of Fame member A Hampden-Sydney College and University of Virginia Darden School of Business alum who grew up in the town of Windsor in Isle of Wight County, Thompson started his company in 1992 after purchasing 31 Big Boy restaurants from Marriott Corp., his former employer. Today, Thompson Hospitality is the nation’s largest minority-owned […]

SHARON SMOOT
Black Business Leaders January 30, 2023

SHARON SMOOT

Smoot is a unicorn — a Black woman overseeing 4,700 employees in the highly technical field of manufacturing components for nuclear reactors. Named last summer as head of the Lynchburg-based federal contractor’s nuclear division, Smoot spent 30 years as a civilian employee of the U.S. Navy, ultimately serving as executive director for logistics, maintenance and […]

THOMAS HASTY
Black Business Leaders January 30, 2023

THOMAS HASTY

Although Virginia has had notable Black banking leaders — including Maggie Walker at the start of the 20th century — it’s still a business that has not had a lot of African American representation in the C-suite. In 1999, after working for BB&T, Hasty took control of his fate and became a co-founder of Suffolk-based […]

2022 Virginia 500: Economic Development
Virginia 500 January 30, 2023

Virginia 500 Spotlight: Telly Tucker

BEST ADVICE FOR OTHERS: Take smart risks. You will learn much more from your failures than you will from your successes.  PERSON I ADMIRE: Both of my parents, who were public educators in the Lynchburg City Schools system for their entire careers  WHAT MAKES ME PASSIONATE ABOUT MY WORK: Seeing the impact and benefit of […]

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Top Stories

An aerial view of the Botetourt Center at Greenfield. Photo courtesy Botetourt County

Google’s Botetourt data center campus may use 8M gallons of water daily

Unredacted documents reveal Google’s planned Botetourt data center may require 2M–8M gallons of [...]

Bryan H. Fairbanks will retire after nearly 23 years with Trex. Photo courtesy Trex

Trex CEO Bryan Fairbanks to retire in April

Trex Co. announced Tuesday that President and CEO Bryan H. Fairbanks will retire April 28 after near[...]

Southern Virginia Multimodal Park. Photo courtesy Matt Rowe, Pittsylvania County's economic development directo

Avio USA picks Pittsylvania for $500M solid rocket motor plant

Avio USA will build a $500 million rocket motor plant in Pittsylvania County, creating 1,000+ jobs i[...]

Victor Hoskins. Photo courtesy Fairfax County Economic Development Authority.

Hoskins to exit Fairfax EDA after six-year tenure

Victor Hoskins will leave the Fairfax County EDA after six years, a tenure credited with nearly 64,0[...]

Hampton logistics company closes, laying off 63

AOL to lay off 108 tied to Reston office

AOL plans 108 layoffs linked to its Reston office as Bending Spoons completes its acquisition of the[...]

CoStar cuts Richmond jobs as Homes.com faces scrutiny

CoStar cuts Richmond jobs as Homes.com faces scrutiny

CoStar is laying off Richmond employees as it expands AI at Homes.com and faces investor criticism o[...]

People

Ashish Jandial

ASGN announces commercial segment presidents

27/2/2026

Dr. Reid Adams. Photo courtesy UVA Health.

UVA Health promotes inaugural chief medical officer

24/2/2026

Atlantic Union Bankshares new CFO Alexander Dodd

Atlantic Union Bankshares appoints new CFO

24/2/2026

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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