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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

News August 29, 2020

Manufacturing

R. MARCUS ‘MARC’ AMMEN CEO, UNIVERSAL FIBER SYSTEMS LLC, BRISTOL Ammen, who has served as CEO of Universal Fiber since 2009, joined the company in 2000 as chief financial officer and previously was president of Universal Fibers Inc., one of the corporation’s affiliates. Founded in 1969 in Bristol, Tennessee, the company has two units: Bristol, […]

News August 29, 2020

Nonprofits | Philanthropy

SHERRIE ARMSTRONG PRESIDENT AND CEO, COMMUNITY FOUNDATION FOR A GREATER RICHMOND, RICHMOND Founded in 1968, the Community Foundation for a greater Richmond is a venerable force for regional philanthropy, managing 1,200 charitable funds with more than $1 billion in assets. Consequently, when the coronavirus pandemic hit, the Community Foundation was one of the first organizations […]

Hotels/Tourism August 29, 2020

Arts | Entertainment | Sports

TONY BENNETT MEN’S BASKETBALL HEAD COACH, UNIVERSITY OF VIRGINIA, CHARLOTTESVILLE In 2019 Bennett achieved what no team had never done before — coaching his team to become NCAA men’s basketball champions in his 10th year with the program, a year after the Cavaliers fell during the first round of the tournament. Cementing his reputation as […]

Energy/Green August 29, 2020

Energy

ROBERT M. ‘BOB’ BLUE PRESIDENT AND CEO, DOMINION ENERGY INC., RICHMOND In October, Blue takes over as Dominion’s president and CEO, though he’ll still answer to his predecessor, Thomas Farrell II, who’s taking on the title of executive chair. Blue joined Dominion in 2005, serving in various leadership roles, including, most recently, as executive vice […]

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Cover Story August 29, 2020

Virginia 500

Welcome to the inaugural edition of the Virginia 500 — The 2020 Power List. Read more about the power list and how we assembled the Virginia 500. Below you will find links to each of the 20 categories featuring the state’s top business leaders. Living Legends Agriculture Arts | Entertainment | Sports Economic Development Education […]

Technology August 29, 2020

Telecommunications

TAD DERISO PRESIDENT AND CEO, MID-ATLANTIC BROADBAND COMMUNITIES CORP., SOUTH BOSTON Deriso is the proverbial big fish in the small pond of South Boston, where MBC has made significant headway in connecting Southern Virginia to broadband internet service, working with Old Dominion Electric Cooperative and Virginia Tech, among others. Founded in 2004, MBC owns and […]

Uncategorized July 29, 2020

2020 Virginia Business Site Locator

Welcome to the 2020 Virginia Business Site Locator Guide! Inside you’ll learn how Virginia stacks up, how Virginia companies rank and learn about big deals in all regions of the commonwealth. The guide includes: A list of Virginia companies on the Fortune 500 list Lists of public universities and colleges A list of big deals […]

For the Record July 29, 2020

August 2020 – For the Record

EASTERN VIRGINIA The Breeden Co. has plans for a new 240-unit apartment complex at the former Farm Fresh building at the heart of Virginia Beach’s Laskin Road Gateway. The initial development plans for Pinnacle at 31st Street were still being reviewed by the city in early July. The plans feature a two-level parking deck below […]

News July 29, 2020

The VirginiaBusiness.com Top Five

The top trending stories on VirginiaBusiness.com from June 16 to July 15 were led by a surprise announcement from Dominion Energy Inc., which also disclosed a $9.7 billion deal to sell its natural gas transmission and storage assets to a Berkshire Hathaway affiliate. Atlantic Coast Pipeline canceled: Dominion Energy and Duke Energy Corp. abandoned plans […]

Letters to the Editor July 29, 2020

The Mailroom

Refreshing straight talk Mr. Niemeier, I want to thank you for your column, “It’s time to speak up,” in the July 2020 edition of Virginia Business. Your straight talk phrase, “an unjust society is bad for business,” says all that needs to be said! What a breath of fresh air for you to put the […]

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Top Stories

An aerial view of the Botetourt Center at Greenfield. Photo courtesy Botetourt County

Google’s Botetourt data center campus may use 8M gallons of water daily

Unredacted documents reveal Google’s planned Botetourt data center may require 2M–8M gallons of [...]

Bryan H. Fairbanks will retire after nearly 23 years with Trex. Photo courtesy Trex

Trex CEO Bryan Fairbanks to retire in April

Trex Co. announced Tuesday that President and CEO Bryan H. Fairbanks will retire April 28 after near[...]

Southern Virginia Multimodal Park. Photo courtesy Matt Rowe, Pittsylvania County's economic development directo

Avio USA picks Pittsylvania for $500M solid rocket motor plant

Avio USA will build a $500 million rocket motor plant in Pittsylvania County, creating 1,000+ jobs i[...]

Victor Hoskins. Photo courtesy Fairfax County Economic Development Authority.

Hoskins to exit Fairfax EDA after six-year tenure

Victor Hoskins will leave the Fairfax County EDA after six years, a tenure credited with nearly 64,0[...]

Hampton logistics company closes, laying off 63

AOL to lay off 108 tied to Reston office

AOL plans 108 layoffs linked to its Reston office as Bending Spoons completes its acquisition of the[...]

CoStar cuts Richmond jobs as Homes.com faces scrutiny

CoStar cuts Richmond jobs as Homes.com faces scrutiny

CoStar is laying off Richmond employees as it expands AI at Homes.com and faces investor criticism o[...]

People

Ashish Jandial

ASGN announces commercial segment presidents

27/2/2026

Dr. Reid Adams. Photo courtesy UVA Health.

UVA Health promotes inaugural chief medical officer

24/2/2026

Atlantic Union Bankshares new CFO Alexander Dodd

Atlantic Union Bankshares appoints new CFO

24/2/2026

Regions

Norfolk casino General Manager Ron Bailey leads a tour of the Interim Gaming Hall, which opened in November 2025. Photo by Kristen Zeis

Will new casino be a jackpot for Norfolk?

Norfolk’s $750M casino project is on track for 2027, but rising competition and lower tax projecti[...]

Clarke County Industrial Development Authority Chair William Waite, Clarke County Director of Economic Development & Tourism Michelle Ridings and Clarke County Board of Supervisors Chair David Weiss stand at the site of a proposed business park. Photo by Norm Shafer

Clarke to repurpose ex-prison site into business park

Clarke County’s long-planned second business park has taken a significant step toward becoming rea[...]

InternshipsVA could help the region retain talent, says EO’s Travis Staton. Photo by Earl Neikirk

EO to lead internship development program

A new statewide initiative is connecting Southwest Virginia businesses with emerging talent at the r[...]

Vinton Town Manager Pete Peters at Extended Stay America Premier Suites site Photo by Natalee Waters

Roanoke Valley confronts hotel room shortage

As a trio of hotels shuttered in the city over the past several years, the number of rooms available[...]


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