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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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Virginia 500 August 29, 2024

Real Estate 2024: ANDY FLORANCE

Founded in 1987, CoStar Group, a real estate marketplace and analytics company, runs industry-leading businesses like Homes.com, Apartments.com, LoopNet and STR. In February, it announced its plans to move its headquarters from Washington, D.C., to Arlington County, a $20 million investment on top of its $339 million purchase of the 560,000-square-foot tower on Wilson Boulevard. […]

Real Estate 2023: STEVE LAWSON
Virginia 500 August 29, 2024

Real Estate 2024: STEVE E. LAWSON

Chairman of his family’s real estate company since 2016, Lawson is focused on the strategic direction, mission and long-term goals of the 52-year-old firm. A third-generation builder and developer, Lawson has long been a passionate advocate for equitable and affordable housing, testifying before Congress and using his leadership positions with the National Association of Home […]

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Virginia 500 August 29, 2024

Education 2024: MAJ. GEN. CEDRIC T. WINS (U.S. ARMY, RET.)

A 34-year U.S. Army veteran and 1985 VMI alumnus, Wins became the first Black superintendent to lead “the West Point of the South,” the nation’s oldest state military college, following his predecessor’s resignation. With master’s degrees from the Florida Institute of Technology and the National War College, he served as interim superintendent from November 2020 […]

Transportation 2023: PERRY J. MILLER
Virginia 500 August 29, 2024

Transportation 2024: PERRY J. MILLER

Miller started with the Richmond International Airport’s commission in 2019, just a few months before the pandemic upended air travel. This summer, he concluded his one-year term as chair of the American Association of Airport Executives. Meanwhile, the airport marked record-breaking passenger traffic and cargo volume in 2023 —  4.75 million passengers and 206.6 million […]

Manufacturing 2023: CHARLES ‘CHARLIE’ LUCK IV
Virginia 500 August 29, 2024

Manufacturing 2024: CHARLES ‘CHARLIE’ LUCK IV

Representing the third generation of the Luck family at the helm, Charlie Luck IV became president and CEO of the 101-year-old crushed stone company in 1999. Luck’s first stint at the family business was as a summer trainee while studying at Virginia Military Institute, where he graduated in 1983. He then was a professional NASCAR […]

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Virginia 500 August 29, 2024

Arts | Entertainment | Sports 2024: TONY BENNETT

After another winning season, Bennett signed a contract extension in May that would take him through the end of the 2029-30 season, with an extra year added if he remains Virginia’s men’s basketball coach as of April 30, 2026. A former point guard for the Charlotte Hornets, Bennett celebrated 16 years with the Cavaliers this […]

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Virginia 500 August 29, 2024

Arts | Entertainment | Sports 2024: ERIK H. NEIL

Since joining the Chrysler Museum in 2014, Neil has guided the museum’s growth. In 2022, his position was endowed through a $34 million donation from Virginia Beach philanthropist Joan Brock that also included donated artwork. From December 2023 through April, the Chrysler hosted the U.S. debut of Sir Paul McCartney’s photography exhibit, which included pictures […]

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Virginia 500 August 29, 2024

Banking | Finance 2024: FREDRICK D. SCHAUFELD

After graduating from Lehigh University in 1981, Schaufeld sold extended warranties to auto dealers while going to law school. When he learned his employer hadn’t actually taken out policies on all his clients, Schaufeld dropped out of law school and went into business for himself, creating National Electronics Warranty. In 2008, the company was acquired […]

Energy 2023: DAVID E. SCHLEICHER
Virginia 500 August 29, 2024

Energy 2024: DAVID E. SCHLEICHER

One of the largest power distribution cooperatives in the nation based on sales and revenue, NOVEC last year reported operating revenue totaling $864 million, net margins exceeding $27 million and assets totaling $1.4 billion last year. Energy sales grew 17% to more than 10.1 billion kilowatt-hours sold. Since 2022, Schleicher has led the not-for-profit corporation, […]

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Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: MEHUL P. SANGHANI

Reston-based federal contractor Octo was founded in 2006 by Virginia Tech alum Sanghani, who remains its CEO after IBM purchased Octo in 2022 from Arlington Capital Partners for an undisclosed sum. Octo is now part of IBM Consulting’s U.S. public and federal market arm, employing about 1,500 workers. Sanghani was born in India and raised […]

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Top Stories

Depositphotos

Richmond National to expand operations, create 75 jobs in Henrico

Richmond National Group plans to invest $1.75 million to expand operations and create 75 jobs at the[...]

AeroFarms to close Pittsylvania operations; 173 to lose jobs

AeroFarms works toward sale of Pittsylvania location; closure delayed

AeroFarms works through a sale process as its Danville vertical farm faces possible closure and 145 [...]

The George Washington University Virginia Science and Technology - PHOTO: ADOBESTOCK

GW sells Ashburn campus to Amazon subsidiary for $427M

George Washington University has sold its 122-acre Virginia Science and Technology Campus in Ashburn[...]

The 2026 Virginia Black Business Leaders Awards

2026 Virginia Power 50 List

Many of the 50 most powerful people in Virginia are here because they lead major corporations, such [...]

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[...]

People

Cary Hagen, Bobby Scott, Kevin Briggs and Pete Hansen. Photo courtesy CV International. Background image courtesy of the Port of Virginia

CV International, Capes tap new executives

4/3/2026

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TowneBank appoints new CIO

3/3/2026

Ashish Jandial

ASGN announces commercial segment presidents

27/2/2026

Regions

Three data center projects totaling 7 million-plus square feet are under construction now in Stafford County. Photo by HAIYAN/Adobe Stock

NoVa data center development moves down I-95

Stafford County is experiencing rapid data center growth with three major projects underway and 18 i[...]

VFP’s Scott Jones says the company will have six buildings on its Duffield campus after its latest expansion. Photo by Earl Neikirk

VFP moves forward on $30M expansion in Scott County

VFP is investing $35 million to expand its Scott County facility, adding new buildings and jobs to s[...]

Arlington County reported investment in about 268,000 square feet of office space in 2025. Photo courtesy Adobe Stock

Northern Virginia focuses on strengths amid federal cuts

Northern Virginia's economy adapts to federal job cuts in 2025 by expanding defense tech, aerospace,[...]

Wrap Technologies held a ribbon cutting in September 2025 for its $4 million manufacturing headquarters in Norton. Official photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin

Manufacturing-heavy Southwest Virginia captures new industries 

Southwest Virginia sees major investments in manufacturing, indoor agriculture, and energy projects,[...]


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