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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Real Estate 2023: STEPHEN BALLARD
Virginia 500 August 29, 2024

Real Estate 2024: STEPHEN BALLARD

Working from home, Ballard and his sister, Brenda, founded S.B. Ballard Construction by completing small projects for the Norfolk Redevelopment and Housing Authority and minor renovations for their neighbors. Over the course of the past 40 years, Ballard has served as a project manager, superintendent, estimator, carpenter and laborer. As president and CEO of S.B. […]

Real Estate 2023: T. RICHARD LITTON JR.
Virginia 500 August 29, 2024

Real Estate 2024: T. RICHARD LITTON JR.

Litton oversees the day-to-day operations of the commercial real estate and management company, which currently boasts $19 billion in real estate investment properties, with diversified property portfolios including office, retail and multifamily properties. Additionally, he manages Harbor Group International’s transaction group and is involved with capital-raising efforts, and also chairs the f[...]

Leadership: The Virginia Power 50 List
Virginia 500 August 29, 2024

Real Estate 2024: C. LEE WARFIELD

First joining Thalhimer as an associate broker in 1995, Warfield now leads the real estate firm’s seven offices and 450 associates in Virginia. In 2016, he became Thalhimer’s fourth CEO since its 1913 founding, adding to the role of president, which he has held since 2011. Warfield has been chairman of Thalhimer’s board since 2017. […]

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Virginia 500 August 29, 2024

Education 2024: SCOTT FLEMING

After a nationwide search, the State Council of Higher Education for Virginia (SCHEV) found its next leader under its nose — Fleming was serving his first term on SCHEV’s governing board when he was hired. Fleming began his new duties in May, replacing interim director Alan Edwards, who served after longtime SCHEV director Peter Blake stepped […]

Manufacturing 2023: SCOTT KEOGH
Virginia 500 August 29, 2024

Manufacturing 2024: SCOTT KEOGH

Keogh is leading German parent company Volkswagen AG’s new electric truck and sport utility vehicle division. Scout is a revamp of the iconic Scout all-terrain vehicle brand produced by International Harvester in the 1960s and ’70s. In 2021, Volkswagen acquired the rights to Scout’s name after buying Navistar International, which succeeded International Harvester, for $3.7 […]

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Virginia 500 August 29, 2024

Manufacturing 2024: G. DAVID OAKLEY JR.

Serving as president of Strongwell, Oakley joined the company in 2011, when its president for nearly 40 years and majority stockholder, John Tickle, transitioned to chairman of the board. Oakley previously served as president of Abingdon’s HAPCO Pole Products for nearly four years, and before that, was its vice president of product management. Strongwell creates […]

Manufacturing 2023: BRIAN D. PALIOTTI
Virginia 500 August 29, 2024

Manufacturing 2024: BRIAN D. PALIOTTI

Paliotti was named president of Afton Chemical in January 2023, succeeding Gina Harm, who retired at the end of 2022. The Richmond-based subsidiary of NewMarket produces and sells petroleum additives. Before assuming his role at its subsidiary, Paliotti had been with NewMarket since 2008, most recently as its vice president and chief financial officer. Before, […]

Law 2023: THE HON. MARK STEVEN DAVIS
Virginia 500 August 29, 2024

Law 2024: THE HON. MARK STEVEN DAVIS

As chief judge for the Eastern District of Virginia, Davis hears the stories of people’s lives, stories that are often terribly sad. There are armed carjackings and gang violence. Last summer, Davis listened to allegations that police officers had retaliated against a man for accusing a police officer of lying by putting false information on […]

Retail | Wholesale | Food | Beverage 2023: SHANE SMITH
Virginia 500 August 29, 2024

Agriculture 2024: SHANE SMITH

Smith became CEO of Smithfield Foods in 2021, just as Smithfield, the world’s largest pork product manufacturer and hog producer, announced an end to slaughter operations in its hometown of Smithfield, the country’s self-proclaimed  “ham capital.” In 2023, Smith navigated headwinds of low sales and high costs in the U.S. pork market. That year, Smithfield […]

Leadership: The Virginia Power 50 List
Virginia 500 August 29, 2024

Energy 2024: ROBERT ‘BOB’ M. BLUE

Blue oversees Fortune 500 utility Dominion, which has 14,400 employees and serves roughly 4 million customers in 13 states. Before joining Dominion in 2004, Blue was an attorney and served as counselor and director of policy under Gov. Mark Warner. In May, Dominion began installing foundation posts for its $9.8 billion Coastal Virginia Offshore Wind […]

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Top Stories

Gov. Glenn Youngkin announced LS Cable & System's plans for additional facilities in Chesapeake at the Patrick Henry Building in Richmond on Dec. 12, 2025. Photo by Katherine Schulte/Virginia Business.

LS Cable to add $689M factory in Chesapeake, creating 430 jobs

LS Cable & System is more than doubling its capital investment in Chesapeake manufacturing facilitie[...]

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL

Mars completes $36B Kellanova acquisition

McLean-based candy and pet care giant Mars announced Thursday that it has completed its $36 billion [...]

Depositphotos

Avio USA picks Virginia for $500M solid rocket motor factory

Avio USA plans a Virginia solid rocket motor facility, committing up to $500 million to expand U.S. [...]

Eaton to invest $50M in Henrico expansion, adding 200 jobs

Eaton to invest $50M in Henrico expansion, adding 200 jobs

Eaton will invest over $50 million to expand its existing manufacturing footprint in Henrico County [...]

Stocks slip as S&P 500 pulls back from record high

University board fight ends; Spanberger to fill 22 seats

The legal battle between Gov. Glenn Youngkin and state Senate Democrats over university boards of vi[...]

On Dec. 7, 2025, the $36 billion Mars-Kellanova acquisition was approved by the EU Commission.

EU approves $36B Mars-Kellanova buy; deal to close this week

McLean-based candy and pet care giant Mars has received the European Union's blessing to acquire Kel[...]

People

Fritz Sassine. Photo courtesy Virginia General Assembly

Virginia legislature appoints new automated systems director

9/12/2025

Greg Weatherford. Photo courtesy Virginia State Corporation Commission

SCC names new comms director

8/12/2025

Christiansburg-based financial institution Appalachian Community Capital has named Daniel Wallace its next president and CEO. Photo Courtesy Appalachian Community Capital

Appalachian Community Capital announces new CEO

5/12/2025

Regions

The Hard Rock Hotel & Casino Bristol produced $13.18 million in gaming tax revenue for 14 localities. Photo courtesy Hard Rock Hotel & Casino Bristol

Bristol hopes for bigger share of casino tax

The Hard Rock Hotel & Casino Bristol this November marked its first year in its permanent facili[...]

June 2025 for the record

FOR THE RECORD December 2025

Central Virginia  Pharmaceutical giants AstraZeneca, Eli Lilly & Co. and Merck & Co. have c[...]

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[...]


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