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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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 […]

Real Estate: KIM ROY
Virginia 500 August 29, 2022

Real Estate: RAYMOND A. RITCHEY

Before becoming senior executive vice president in 2016, Ritchey was national director of acquisitions and development and had overseen Massachusetts-based Boston Properties’ Washington, D.C., office since 1998. Responsible for all business development, leasing and marketing in the D.C. area, he also directly oversees similar activities nationally. The firm is the largest publicly traded develop[...]

Energy: DAVID SCHLEICHER
News August 29, 2022

Energy: DAVID SCHLEICHER

In April, Schleicher replaced longtime NOVEC President and CEO Stan Feuerberg, who announced he was retiring after 30 years at the company’s helm. During those three decades, the cooperative grew “into one of the pre-eminent electric utilities in the country,” says its board chairman, Wade House. Now the company is one of the largest cooperatives […]

Retail/Wholesale: POUL WEIHRAUCH
News August 29, 2022

Retail/Wholesale: ELIZABETH ‘LIZA’ MYERS BORCHES

Borches is named after her great-aunt, New York businesswoman Elizabeth Myers, who was the sister of Borches’ great-grandfather, H. Carter Myers. H. Carter Myers co-founded Petersburg Motor Co. Inc. in 1924. During the Depression, he desperately needed cash to keep the business open, so Elizabeth Myers invested in his business. By 1937, she owned 75% […]

Retail/Wholesale: POUL WEIHRAUCH
News August 29, 2022

Retail/Wholesale: JOHN BOYLE

In March, Boyle celebrated the official dedication of the Massimo Zanetti Beverage USA distribution center in Suffolk. Located at Virginia Port Logistics Park, the expansive warehouse complex — which could fit four football fields under one roof — became operational in November 2021. Due to the pandemic, the company waited until spring to host its […]

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Top Stories

Part of CarMax Park as seen from Arthur Ashe Boulevard. Photo by Katherine Schulte

Thalhimer files response to Flying Squirrels owner’s defamation lawsuit 

Thalhimer Realty Partners denies defamation claims by Richmond Flying Squirrels owner Lou DiBella in[...]

Virgnia Sen. Louise Lucas (left) speaks with an attendee of a Chesterfield County data center town hall she hosted June 16, 2026, with Sen. Mamie Locke (right). Photo by Kate Andrews/Virginia Business

Data center discord continues to block Virginia budget agreement

Virginia senators continue push for tax break repeal on data centers, while governor and House back [...]

Sen. Lashrecse Aird speaks during a June 16, 2026, news conference announcing Virginia's cannabis recreational sale framework, along with Gov. Abigail Spanberger and Del. Paul Krizek. Photo by Kate Andrews/Virginia Business

Spanberger, legislators come to marijuana retail compromise

Licensed recreational marijuana sales would start July 1, 2027, under compromise language entered in[...]

Gov. Abigail Spanberger touts the state's support for Jefferson Lab during a June 12 groundbreaking event for the Jefferson Lab Data Center. Photo by Josh Janney

Spanberger backs House budget, but data center tax fight divides Democrats

Gov. Abigail Spanberger said she supports the Virginia House of Delegates proposal of an "expansive"[...]

John G. Rocovich Jr. talks with cadets during the Distinguished Alumni of the Corps award ceremony in 2025. Photo courtesy Virginia Tech

Rocovich sues Spanberger, seeks reinstatement on Virginia Tech board

Less than two weeks after being removed from the Virginia Tech's Board of Visitors, John Rocovich su[...]

Private schools’ graduation numbers remain stable

Trey Falwell sues Liberty for $1.75M

Jerry “Trey” Falwell III is suing Liberty University for $1.75 million, alleging the school brea[...]

People

Commonwealth President and CEO Ken Strickler. Photo courtesy Commonwealth

Commonwealth real estate firm selects longtime exec as new CEO

12/6/2026

Government Contractors | Technology 2025: GRAY, DeETTE

CACI International U.S. operations president to retire

9/6/2026

Hampden-Sydney College President Larry Stimpert. Photo courtesy Hampden-Sydney College

Hampden-Sydney president to retire next year

8/6/2026

Regions

More than $1 million in renovations are planned at The Inn at Wise. Photo courtesy The Inn at Wise

Inn at Wise gets new lease-purchase on life

MK4 Hotel owner Mike Patel signs a $3 million lease-purchase for the Inn at Wise, planning over $1 m[...]

L to R: Mark Heath, president and CEO of Martinsville-Henry County Economic Development Corp., and Henry County Administrator Dale Wagoner show off the Patriot Centre Industrial Park’s new shell building. Photo by Natalee Waters

Henry County partners with developer on shell building

Henry County partners with Marlboro Development Team to build a $10 million industrial shell buildin[...]

Portsmouth Economic Development Director Brian Donahue stands at the Crawford Bay site the city hopes to redevelop. Photo by Kristen Zeis

Portsmouth advances waterfront redevelopment plans

Portsmouth moves forward with selecting a developer for a mixed-use project on the 6-acre Crawford B[...]

Washington Dulles International Airport expects a record-breaking 30 million passengers in 2026. Photo courtesy Metropolitan Washington Airports Authority

Dulles ramps up airport expansion work

Washington Dulles International Airport plans to exceed 30 million passengers with the opening of Co[...]


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