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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

2022 Virginia 500: Manufacturing
Virginia 500 August 29, 2022

Manufacturing: JEREMY R. HOFF

Hoff joined Hooker Furniture in 2017, serving consecutive terms as president of the upholstery, case goods and then legacy brands divisions before being named CEO in February 2021. He also serves on its board of directors. An industry veteran, Hoff is only the fourth CEO in the company’s 98-year history and is the first nonfamily […]

Retail/Wholesale: POUL WEIHRAUCH
Virginia 500 August 29, 2022

Retail/Wholesale: JACK WOODFIN

Woodfin Heating began as a small heating-oil business founded by John and Anne Woodfin in 1977. Their son, Jack, has led the operation since his father’s 2010 death. Today, Woodfin Heating also offers HVAC installation and servicing, as well as electrical and plumbing services, indoor air solutions, home security and fuel delivery. The Woodfin family […]

out & about August 29, 2022

OUT & ABOUT SEPTEMBER 2022

  1. Casey Hollins, Rappahannock Electric Cooperative’s managing director of communications and public relations, accepted Spotlight on Excellence Awards in August from the Council of Rural Electric Communicators and the National Rural Electric Cooperative Association on behalf of REC’s communications and public relations team.  2. Competitors struggle through the 4-mile “The M[...]

For the Record August 29, 2022

September 2022 For The Record

CENTRAL Goochland County supervisors gave their unanimous stamp of approval to a proposed 650,000-square-foot e-commerce fulfillment center in August, clearing the way for what promises to be one of the most significant economic development projects in the county’s history. While board members were aligned in support of the $500 million project — noting, among other […]

Business Trends August 29, 2022

STARTVIRGINIA: HEARD AROUND VIRGINIA

Booz Allen Hamilton Inc. has formed a $100 million corporate venture capital arm, the McLean-based Fortune 500 global management consultancy announced in mid-July. Named Booz Allen Ventures LLC, the arm will invest in early-stage companies and technologies across four categories: defense, artificial intelligence/machine learning, cybersecurity and deep technology. Booz Allen Ventures will help the[...]

For the Record July 28, 2022

FOR THE RECORD AUGUST 2022

CENTRAL VIRGINIA In early July, the U.S. Food and Drug Administration put a hold on its order banning Juul Labs Inc. from selling e-cigarettes on the U.S. market, saying it would conduct an additional review of the company’s marketing application. Juul is partly owned by Henrico County-based Altria Group Inc. The Fortune 500 tobacco products […]

News July 28, 2022

Top Five July 2022

The top trending stories on VirginiaBusiness.com from June 15 to July 14, 2022, were led by a surprise economic development announcement from a Danish toymaker known for its iconic and colorful interlocking plastic bricks. 1  |  Lego to build $1B factory in Chesterfield The Lego Group plans to erect a $1 billion toy manufacturing plant […]

News July 28, 2022

Out and about

Virginia Business held its 17th annual Virginia CFO Awards banquet at The Jefferson Hotel in Richmond on June 16. Sponsored by Truist and Brown Edwards, the event honored 51 CFOs from around the commonwealth, nominated in four award categories, representing a variety of for-profit businesses, nonprofits and government agencies. (See Pages 59-64 for the full […]

Raytheon Technologies is moving its corporate headquarters to Arlington in the third quarter, the company announced in June. Photo courtesy Raytheon Technologies Corp.
Northern Virginia June 28, 2022

Raytheon moving global HQ to Arlington

Raytheon Technologies Corp. announced June 7 that it will relocate its global headquarters from Massachusetts to Arlington in the third quarter of this year, a move that will make four of the top five U.S.-based aerospace and defense contractors headquartered in Virginia. Raytheon is the second-largest defense company in the world, just below Bethesda, Maryland-based […]

Regions June 28, 2022

FOR THE RECORD

Central Virginia  The state’s fiscal 2023-24 budget, approved June 1, contains funding that will benefit future redevelopment of the Central Virginia Training Center site in Madison Heights. Republican Sen. Steve Newman requested $25 million in state money to annul outstanding bonds associated with CVTC, a former state facility for people with intellectual disabilities that closed […[...]

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Top Stories

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Amazon buys 189 acres in Prince William tech park for $700M

Amazon Data Services has bought approximately 188.5 acres in Prince William County for a whopping $7[...]

Stephen Edwards tapped for national port association board

Edwards to step down as Port of Virginia CEO

Stephen A. Edwards is stepping down at the end of the year as the Virginia Port Authority's CEO and [...]

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Ex-U.Va. president alleges board members ‘complicit’ in exit

Former University of Virginia president Jim Ryan on Friday sent a 12-page letter to the university's[...]

Gov. Glenn Youngkin, Lego Vice President Cindy Sikora and others ceremonially broke ground on Lego's regional distribution center in Prince George County on Nov. 13, 2025. Photo by Katherine Schulte/Virginia Business

Lego holds groundbreaking for $366M Prince George distribution center

The Lego Group held a ceremonial groundbreaking Thursday for its $366 million warehouse and distribu[...]

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Shenandoah Valley medical marijuana permit likely stalled

Debt-laden AYR Wellness’ foreclosure sale could delay medical marijuana operations in Virginia’s[...]

President Trump signs government funding bill, ending shutdown after a record 43-day disruption

President Trump signs government funding bill, ending shutdown after a record 43-day disruption

President Trump signs bill to end the 43-day government shutdown after Congress passes funding measu[...]

People

Regent University names law school dean

Regent University names law school dean

13/11/2025

Northrop Grumman taps new CFO

Northrop Grumman taps new CFO

7/11/2025

Spanberger names transition team leaders

Spanberger names transition team leaders

5/11/2025

Regions

Four cards and a stack of chips on a green felt table

Virginia casinos report $82M in October revenue

October gaming revenues for Virginia’s three casinos totaled $82.1 million, according to data the [...]

Virginia Intermont College campus owner modifies plans

Virginia Intermont College campus owner modifies plans

The owner of the former Virginia Intermont College in Bristol plans a new four-year school and mixed[...]

Roanoke remembers Hurricane Juan’s 1985 toll

Roanoke remembers Hurricane Juan’s 1985 toll

Forty years ago, remnants of Hurricane Juan dumped buckets of rain on the Roanoke Valley for days. T[...]

Newport News airport shifting beyond commercial flights

Newport News airport shifting beyond commercial flights

Following years of declining commercial air travel, the Newport News-Williamsburg Airport is expandi[...]


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