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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Real Estate: KIM ROY
Virginia 500 August 29, 2022

Real Estate: MICHAEL HALLMARK

An underdeveloped swath of downtown Richmond drew Hallmark from Los Angeles to Virginia’s capital. After the mammoth proposed Navy Hill development failed to gain the necessary political traction, though, Hallmark stayed put. Hallmark, a founding partner of Future Cities, is seeing his ideas for Richmond re-envisioned in neighboring Henrico County. In October 2021, Hallmark received […]

Real Estate: KIM ROY
Virginia 500 August 29, 2022

Real Estate: JON JENNINGS

Jennings leads the general contracting firm founded in 1952 by his grandfather, bricklayer Lawrence Floyd Jennings. Jon Jennings joined the family business in 2000 and oversees the 350-employee company’s operations in the metro D.C. area and Richmond. L.F. Jennings has a broad portfolio of projects. In Washington, D.C., it’s building the U.S. Park Police Horse […]

Real Estate: KIM ROY
Virginia 500 August 29, 2022

Real Estate: JON M. PETERSON

Founded more than 57 years ago by Jon Peterson’s late father, Milt, Peterson Cos. is responsible for some of the most prominent mixed-use retail, residential and office developments in Northern Virginia and Maryland. Its projects include National Harbor, Virginia Gateway, Downtown Silver Spring, Rio Washingtonian Center, Burke Centre and Tysons McLean Office Park. Milt Peterson […]

Virginia 500 August 29, 2022

2022 Virginia 500: Agriculture

    CHAD BALLARD III PRESIDENT, BALLARD FISH & OYSTER CO. LLC, CAPE CHARLES     GEORGE C. FREEMAN III CHAIRMAN, PRESIDENT AND CEO, UNIVERSAL CORP., RICHMOND     CORWIN HEATWOLE FOUNDING FARMER AND CEO, FARMER FOCUS, HARRISONBURG     NEIL A. HOUFF PRESIDENT AND TRANSLOADING OPERATIONS MANAGER, HOUFF CORP., WEYERS CAVE     WAYNE […]

Manufacturing: PABLO DI SI
Virginia 500 August 29, 2022

Manufacturing: GREGORY H. TREPP

Trepp joined Hamilton Beach in 1996 as director of marketing, holding multiple senior leadership and executive leadership positions in the company’s consumer, international and commercial divisions. Before becoming president and CEO in 2017, he was president and CEO of its Hamilton Beach Brands Canada Inc. and Hamilton Beach Brands Inc. subsidiaries and CEO of its Kitchen Collection […]

Agriculture: WAYNE F. PRYOR
Virginia 500 August 29, 2022

Agriculture: WAYNE F. PRYOR

Pryor has a desk job, but he rarely misses an opportunity to get outside. “I will never tire of watching the sun come up over the farm in the morning, and then watching it set in the evening,” says the lifelong Goochland County hay and grain farmer. But he’s devoted decades to the Virginia Farm […]

Arts/Entertainment/Sports: ERIK H. NEIL
Virginia 500 August 29, 2022

Arts/Entertainment/Sports: ERIK H. NEIL

Neil oversees the 123-employee Chrysler Museum of Art, which serves as a key cultural amenity of the Hampton Roads area and in 2021 drew $9.47 million in revenue. Neil has worked in museums for more than 23 years, beginning with his seven-year role as director of the Newcomb Art Gallery of Tulane University. Then he […]

Hallock
Virginia 500 August 29, 2022

Education: KEVIN F. HALLOCK

When Hallock became the University of Richmond’s new president last summer, it was on the heels of controversy, as the private university’s board decided not to change the names of two buildings honoring two men who supported slavery and segregation, even though students and faculty protested. However, board members changed their minds in the past […]

Federal Contractors | Technology
Virginia 500 August 29, 2022

Federal Contractors/Technology: JAMES J. RHYU

In an essay for Forbes in March, Rhyu asked whether work is “something we do or something we are?” Challenging employers to rethink the necessity of a college degree, he pondered whether the education industry is allowing students to discover their passions. “Answering these questions will help get us closer to reimagining what the post-pandemic […]

Finance | Insurance
Virginia 500 August 29, 2022

Finance/Insurance: KEVIN P. STEVENSON

In 1996, when Stevenson co-founded international debt-buying business PRA Group, he had a vision of building an altruistic company. And in May, the Hampton Roads Community Action Program presented Stevenson with a Community Builders Award, which recognizes individuals making a positive impact on the region. Over the years, PRA Group has donated more than $10 […]

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Top Stories

L to R: FBI director Kash Patel and U.S. Sen. Katie Britt, R-Ala, during an April tour of the FBI’s facilities in Huntsville. Photo courtesy U.S. Sen. Katie Britt's office.

Virginia leaders respond to reports of possible FBI academy move from Quantico

Virginia Democratic leaders oppose FBI's proposed plan to relocate its national training academy fro[...]

President Donald Trump speaks to reporters after arriving on Air Force One, Tuesday, June 10, 2025, at Joint Base Andrews, Md. (AP Photo/Alex Brandon)

Trump says US gets rare earth minerals from China and tariffs on Chinese goods will total 55%

President Trump announces a new trade framework with China including 55% U.S. tariffs and rare earth[...]

Virginia Senate Dems refuse to confirm Cuccinelli, other Youngkin board nominees

Virginia Senate Dems refuse to confirm Cuccinelli, other Youngkin board nominees

In a Monday evening vote, Democrats on a Virginia State Senate committee declined to confirm eight o[...]

Molina Healthcare to close Henrico office, laying off 268 workers

Molina Healthcare to close Henrico office, laying off 268 workers

Molina Healthcare, a Fortune 500 company that manages health care services for Medicaid and Medicare[...]

The NASA flag waving along with the American flag in the background. Taken March 5, 2021, in Washington, D.C. Photo by AdobeStock

NASA Langley could lose 672 jobs under Trump’s proposed budget

Trump’s 2026 budget proposal could slash 672 jobs at NASA Langley Research Center in Hampton.

Photo of four-story building

Owens & Minor ends $1.36B deal to buy home-based care business

Owens & Minor canceled its $1.36B acquisition of Rotech, citing regulatory delays.

People

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Hubbard Peanut Co. names new CEO

10/6/2025

Danny Deep. Photo courtesy General Dynamics

General Dynamics promotes EVP to global operations

5/6/2025

Rajeev Rai. Photo courtesy Groundworks

Virginia Beach-based Groundworks hires CTO

30/5/2025

Regions

A construction worker made of Lego bricks. Photo by Kira Jenkins/Virginia Business

Lego to build $366M Prince George County warehouse

Lego will invest $366 million in a new warehouse in Prince George County, creating an estimated 305 [...]

Companies sue over Valley medical marijuana permit

Companies sue over Valley medical marijuana permit

Seven businesses are suing Virginia over a disputed medical marijuana permit in the Shenandoah Valle[...]

Heard Around Virginia and the nation

Heard Around Virginia May 2025

A roundup of monthly business news from regions across Virginia including Central Virginia, Northern[...]

New law to reduce Appalachian Power rates

New law to reduce Appalachian Power rates

Virginia passes the APCo Rate Reduction Act, cutting electric bills for Appalachian Power customers [...]


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