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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: STEPHANIE LANDRUM

The past seven years have been an exciting time in economic development in Northern Virginia, with neighboring Arlington County’s forthcoming Amazon.com Inc. HQ2 project driving significant growth. In 2021, the $1 billion Virginia Tech Innovation Campus broke ground in Alexandria, and the former Landmark Mall is being demolished to make way for a $2 billion […]

Finance/Insurance: LAWRENCE ‘LARRY’ BERNERT III
News August 29, 2022

Finance/Insurance: LAWRENCE ‘LARRY’ BERNERT III

A principal and portfolio manager at Wilbanks Smith & Thomas Asset Management LLC, Bernert joined the firm in 1995, five years after the investment advisory firm was founded. He provides investment management and financial advisory services to individuals, families and institutional clients and sits on the firm’s investment committee. A chartered financial analyst, Bernert previously [&helli[...]

Agee
News August 29, 2022

Health Care: NANCY HOWELL AGEE

The 2020s are shaping up to be a defining time for Agee and Carilion Clinic. In fall 2021, the Roanoke-based health system opened a pediatric outpatient center. Carilion plans to invest $1 billion by 2025 to improve health care services in southwestern Virginia. Half of that money is budgeted to pay for the expansion of […]

Law: VICTOR CARDWELL
News August 29, 2022

Law: MICHAEL HERRING

Herring made headlines in 2019 when he left his longtime position as Richmond commonwealth’s attorney for a partnership at the state’s largest law firm. Two years later, he became managing partner of McGuireWoods’ Richmond office. The Richmond native served 13 years as the city’s top prosecutor. Herring now represents people and corporations accused of white-collar […]

Law: VICTOR CARDWELL
News August 29, 2022

Law: CARL W. TOBIAS

Tobias is a prolific scholar and has held the Richmond School of Law’s prestigious Williams endowed chair since 2004. His career spans 50 years, most of which he has spent in academia. Tobias’ focus often is federal judicial selection. He has written more than 120 law review articles and more than 80 essays, commentaries and […]

Real Estate: KIM ROY
Virginia 500 August 29, 2022

Real Estate: TIMOTHY HELMIG

Helmig works as managing partner alongside his brother-in-law, Anthony Westreich — whose late father, also Helmig’s father-in-law, was commercial real estate icon Stanley Westreich, a major force in the development of Arlington’s Rosslyn area. A graduate of American University, Helmig has overseen $16 billion in capital transactions during his 17 years at Monday Properties. In […]

Manufacturing: PABLO DI SI
Virginia 500 August 29, 2022

Manufacturing: HOWARD BROADFOOT

Broadfoot, who joined Electro-Mechanical in 2009, was promoted from chief operating officer to CEO in June 2021 after the retirement of company founder Russell Leonard, who remains on the company’s board. Founded in 1958 as Electric Motor Repair and Sales, Electro-Mechanical manufactures medium voltage electric equipment, primarily switchgears, transformers and custom systems that serve as [&hel[...]

Federal Contractors | Technology
News August 29, 2022

Federal Contractors/Technology: SCOTT McINTYRE 

Guidehouse completed its acquisition of McLean-based Dovel Technologies in late 2021, adding another 2,000 employees to a workforce that has grown to about 12,000 people in more than 50 locations. Its headquarters move from Washington, D.C., to McLean represented one of Northern Virginia’s largest economic development deals in 2021. McIntyre served as managing partner for […]

Retail/Wholesale: POUL WEIHRAUCH
News August 29, 2022

Retail/Wholesale: WILLIAM G. ‘BILL’ CRUTCHFIELD JR.

An entrepreneur from the get-go, Crutchfield started out by selling and installing stereo systems in the Charlottesville area as a high schooler before going on to graduate from the University of Virginia. Today, Crutchfield Corp., a privately held electronics retailer based in Albemarle County, employs about 800 workers. In fiscal year 2021, the company brought […]

Transportation: ED ALDRIDGE
News August 29, 2022

Transportation: REAR ADM. CHRISTOPHER SCOTTY’ GRAY

Gray took over leadership of the U.S. Navy’s mid-Atlantic region from Rear Adm. Charles “Chip” Rock during a change of command ceremony in June. Rock had led operations in the region since 2018 and retired after 35 years of service. Gray is responsible for 14 naval installations — including the Naval Station Norfolk, the world’s […]

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Top Stories

Virginia Gov. Abigail Spanberger was sworn in as Virginia’s 75th governor, the first woman to hold the office, on Jan. 17, 2026. Photo by Kira Jenkins/Virginia Business

Spanberger sworn in as Virginia’s first woman governor

Under cloudy skies at the Virginia State Capitol, Abigail Davis Spanberger was sworn in as Virginia'[...]

The University of Virginia Rotunda. Photo by Jay Paul

3 U.Va. board members resign at Spanberger’s request

The New York Times reported Friday evening that three University of Virginia board members have resi[...]

An offshore wind turbine. A boat sits in the background.

Federal court grants Dominion injunction, allowing offshore wind construction to proceed

Dominion Energy won a preliminary injunction Friday in federal court, allowing construction to resum[...]

Depositphotos

Virginia luxury packaging provider plans $34M HQ expansion

Infinity Global plans a $34 million expansion of its Danville headquarters, creating 150 jobs and mo[...]

Photo courtesy CarMax

Fortune 500 retailer CarMax lays off 230 employees, many in Virginia

Goochland County-based Fortune 500 used car retailer CarMax has laid off approximately 230 employees[...]

Depositphotos

Solstice Advanced Materials to invest $220M in Chesterfield expansion

Solstice Advanced Materials plans to invest $220 million to expand production at its manufacturing f[...]

People

Dr. Ameya Kulkarni being named Kaiser's executive director.

Kaiser Permanente names mid-Atlantic medical director

15/1/2026

Dave Wajsgras is Everfox's new chairman and CEO. Photo courtesy Everfox

Former Intelsat CEO to head Herndon cybersecurity company

13/1/2026

Real Estate Information Network's new president John Chandler. Photo courtesy REIN

REIN announces 2026 board of directors

12/1/2026

Regions

Tourism bet pays off for Danville and Pittsylvania

In 2024, visitor spending across Danville and Pittsylvania County reached $275.2 million, according [...]

Shenandoah University President Tracy Fitzsimmons announced the Shine campaign on Sept. 13, 2025. Photo courtesy Shenandoah University

Shenandoah University launches $100M fundraising campaign

Shenandoah University has launched a $100 million fundraising campaign that aims to add a major new [...]

Developer Jerome Malinay spoke at the Sunny Valley subdivision groundbreaking. Photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin

Washington County workforce housing project launches

A residential subdivision composed largely of housing intended for the local workforce is coming to [...]

L to R: Virginia Peninsula Community College officials Bobby Perkins, Towuanna Porter Brannon, Steven Carpenter and Todd Estes at trades center groundbreaking Photo courtesy VPCC

Newport News trades center to power maritime workforce

Virginia Peninsula Community College is building a $9 million trades center in southeast Newport New[...]


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