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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

2022 Virginia 500: Manufacturing
Virginia 500 August 29, 2022

Economic Development: JONATHAN BELCHER

Belcher leads the Virginia Coalfield Economic Development Authority, which was created in 1988 to grow and diversify the region’s economy and help create jobs. Last year, the authority announced 46 new economic development projects plus 14 company expansions and retentions, creating a total of more than 1,000 jobs. Belcher knows Southwest Virginia. He grew up […]

2022 Virginia 500: Manufacturing
Virginia 500 August 29, 2022

Economic Development: BARRY DUVAL

In 2022, DuVal partnered with the Virginia Farm Bureau, the state’s real estate community and more than 100 local and regional chambers across the commonwealth to successfully win expanded and lower-cost health care coverage for small business owners. Gov. Glenn Youngkin signed the legislation earlier this year. The chamber also formed the Virginia Small Business […]

Transportation: ED ALDRIDGE
News August 29, 2022

Transportation: ED ALDRIDGE

As the nation continues to feel the crunch of supply chain shortages, French container ship company CMA CGM Group, the world’s third largest, announced an incentive to encourage the early return of shipping containers to eligible ports. Under the program, which ran for 60 days from May through July, the company offered a $300 credit […]

Law: VICTOR CARDWELL
News August 29, 2022

Law: VICTOR CARDWELL

It’s been a busy year for Cardwell. In January, the accomplished labor and employment attorney became the first Black president of the Virginia Bar Association. Then in July, his Roanoke-based firm, Woods Rogers, merged with Norfolk-based Vandeventer Black. The new Woods Rogers Vandeventer Black, now the state’s fifth largest firm, employs more than 130 attorneys. […]

Real Estate: KIM ROY
Virginia 500 August 29, 2022

Real Estate: ALBERT G. ‘BEAU’ VAN METRE JR.

Van Metre has been involved in the operations of his family real estate company since 1963, when he first joined the company founded by his father eight years earlier. In 2002, he was appointed vice chairman, and in 2008, he was promoted to chairman. He also serves as a trustee for the Van Metre Family […]

Jason El Koubi was named president and CEO of the Virginia Economic Development Partnership in March. Photo by Matthew R.O. Brown
Virginia 500 August 29, 2022

Economic Development: JASON EL KOUBI

El Koubi succeeded Stephen Moret as leader of the state’s chief economic development organization in March, two months after being named interim president and CEO. Moret left to lead Indianapolis-based Strada Education Network, having earned a strong reputation for driving industry interest in Virginia, capped in 2018 with Amazon.com Inc. choosing Arlington County for its […]

News August 29, 2022

Federal Contractors/Technology: TOM BELL

Though its name conjures luxury, Rolls-Royce is also a major force in powering the U.S. military. In September 2021, Rolls Royce North America won a $500 million Air Force contract to manufacture 650 replacement engines for the service’s fleet of B-52 Stratofortresses, extending the life of the iconic bomber by three decades. The award could […]

2022 Virginia 500: Government | Politics
News August 29, 2022

Government/Politics: KELLY T. GEE

After serving as the Virginia Lottery’s acting executive director since January, Gee was made the lottery’s permanent leader by Gov. Glenn Youngkin in June. She heads an agency that generated $3.5 billion in fiscal 2022, with more than $770 million in lottery profits going to Virginia public schools. Gee has been with the independently run […]

Finance | Insurance
News August 29, 2022

Finance/Insurance: JEFF BENTLEY

Boasting more than 30 years of experience in the financial services industry, Bentley has served as president and CEO of Northwest Federal Credit Union since 2017. Bentley came to Northwest Federal from Florida’s Achieva Credit Union in 2014 to work as senior vice president of lending. During his career, Bentley held leadership roles at several […]

Finance | Insurance
News August 29, 2022

Finance/Insurance: ROB FINNEGAN

In October 2021, Finnegan announced that West Creek Financial Inc., the fintech firm that partners with more than 15,000 stores and online businesses to offer point-of-sale financing for essential items ranging from furniture to mattresses to tires, had changed its name to Koalafi (pronounced “qualify”). To go along with a new name, Koalafi moved earlier […]

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Top Stories

Supporters depart a campaign rally against Virginia Democrats' proposed state redistricting constitutional amendment ahead of the referendum special election on April 21, in Bridgewater, Virginia, April 11, 2026. REUTERS/Ken Cedeno/File Photo

Virginians approve new congressional map that could flip 4 GOP seats

Virginia voters approved a new Democratic congressional map that could flip four Republican seats, b[...]

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

Bon Secours plans to appeal VDH approval of rival Chesterfield hospitals

Bon Secours has filed appeals challenging state approvals for hospital projects from competitors VCU[...]

Depositphotos

Henrico to sell Crossings Golf Club to N.C. company

McConnell Golf plans a roughly $9 million investment to acquire and redevelop the 268-acre The Cross[...]

Depositphotos

Federal judge blocks $6B Nexstar-Tegna TV merger

A federal judge blocked the $6 billion Nexstar-Tegna merger pending an antitrust lawsuit, citing con[...]

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Fed sees modest economic growth in Fifth District

Economic activity in the Federal Reserve’s Fifth District grew at a modest pace in recent weeks, a[...]

An L3Harris Technologies employee at work at the company's Orange County site. Photo courtesy L3Harris Technologies

L3Harris plans $1.27B expansion in Orange, creating 350 jobs

L3Harris Technologies announced a $1.27 billion expansion of its rocket motor production operations [...]

People

HCA Healthcare is promoting Dr. Jennifer Bocker to division chief medical officer for its Capital Division, effective May 1, 2026. Photo courtesy HCA Healthcare

HCA taps chief medical officer for Capital Division

16/4/2026

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AeroVironment promotes executive to CFO

13/4/2026

Divaris Real Estate announced that it has appointed James O’Neill to be managing principal broker of its Washington, D.C. regional office. Photo courtesy Divaris Real Estate

Divaris appoints managing principal broker of D.C. regional office

10/4/2026

Regions

U.Va. Wise’s SMR control room simulator will aid workforce development, says Chancellor Donna P. Henry. Photo courtesy University of Virginia’s College at Wise

U.Va. Wise installs SMR control room simulator

U.Va. Wise installed a NuScale SMR control room simulator funded by a Virginia Clean Energy grant to[...]

In January, Petersburg became Virginia’s fifth city with a casino. Photo by Jay Paul

Petersburg rolls out temporary Live! Casino

Petersburg launched a temporary Live! Casino featuring 900 slot machines and 30 table games while th[...]

A casino could be in the cards for Winchester. Rendering courtesy Winchester Economic Development Authority

Winchester Council greenlights casino study

Winchester City Council approved a feasibility study for a casino and entertainment complex, with a [...]

Norfolk International Airport officials and regional elected leaders celebrated the opening of the international arrivals facility. Photo by Josh Janney

Norfolk airport undergoes $1B modernization

As passenger numbers at Norfolk International Airport grow past pre-pandemic levels, the airport is [...]


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