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Home>Virginia Business

Virginia Business

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Recent Articles from Virginia Business

Noninvasive Liver Cancer Treatment Now Available in Virginia; Transformational Milestone Reached in Evolution of Focused Ultrasound with $2.25B HistoSonics Acquisition
BTM Business Connect September 9, 2025

Noninvasive Liver Cancer Treatment Now Available in Virginia; Transformational Milestone Reached in Evolution of Focused Ultrasound with $2.25B HistoSonics Acquisition

Virginians now have access to a new noninvasive liver cancer treatment. UVA Health in Charlottesville is the first hospital in the state to treat liver tumors with histotripsy, an incisionless technique using focused ultrasound to liquify target tissue without heat. Histotripsy was invented by the late Charles A. Cain, PhD, Zhen Xu, PhD, and a […]

Virginia 500: The 2025-26 Power List
Virginia 500 September 3, 2025

Virginia 500: The 2025-26 Power List

Who are Virginia’s most powerful and influential leaders in business, government, politics and education this year? Find out in the sixth annual edition of the Virginia 500: The 2025-26 Power List. Read a note from our associate publisher about how we select the Virginia 500.  Executives are listed in alphabetical order by industry. Below you […]

Manufacturing 2025: IMAKOJI, HIROHITO
Manufacturing 25 September 2, 2025

Manufacturing 2025: IMAKOJI, HIROHITO

In February, the Swiss equipment manufacturer appointed Imakoji as Liebherr USA’s second managing director, jointly sharing executive responsibilities with Kai Friedrich, who has served as its Newport News-based managing director since 2021. Imakoji oversees strategic planning and the execution of growth strategies for corporate, finance and administrative functions. Liebherr USA provides sa[...]

Manufacturing 2025: STEITZ, JOHN M.
Manufacturing 25 September 2, 2025

Manufacturing 2025: STEITZ, JOHN M.

In 2019, Steitz was named president and CEO of surface protection films and aluminum extrusions manufacturer Tredegar, a 1989 spinoff of Richmond fuel additives company Ethyl. Steitz had served on Tredegar’s board of directors since 2017 while also serving as CEO of additives supplier Addivant, which merged with SI Group in 2018. He was also […]

Manufacturing 2025: ROBINSON, ANTHONY ‘TONY’
Manufacturing 25 September 2, 2025

Manufacturing 2025: ROBINSON, ANTHONY ‘TONY’

Robinson took over in 2024 as the head of Framatome, the Lynchburg-based North American subsidiary of the French nuclear equipment, services and fuel producer. During more than three decades of experience in the nuclear industry, Robinson has held a series of executive positions. Previously, he was senior vice president and chief nuclear officer of Structural […]

Manufacturing 2025: FAIRBANKS, BRYAN
Manufacturing 25 September 2, 2025

Manufacturing 2025: FAIRBANKS, BRYAN

Fairbanks became Trex’s president and CEO after the retirement of James Cline in 2020. Previously, he had been the publicly traded composite decking and railing manufacturer’s executive vice president and chief financial officer. Trex products are sold through more than 6,700 retail outlets across six continents. Over the next five years, Trex hopes to double […]

Manufacturing 2025: LUCK IV, CHARLES ‘CHARLIE’
Manufacturing 25 September 2, 2025

Manufacturing 2025: LUCK IV, CHARLES ‘CHARLIE’

Representing the third generation of the Luck family at the helm, Charlie Luck IV became president of the 102-year-old crushed stone company in 1995 and additionally CEO in 1999. While studying at Virginia Military Institute, he officially joined the family business as a summer trainee. After graduating with a degree in civil engineering in 1983, […]

Banking | Finance 2025: ASBURY, JOHN C.
Banking | Finance 25 September 2, 2025

Banking | Finance 2025: BRANCH, VICTOR K.

With more than 40 years of service at Bank of America, Branch has been president of the bank’s Richmond market since 2015. Bank of America reported $27.1 billion in net income in 2024 and employs 213,000 people globally. The immediate past chairman of the Virginia Bankers Association board and a William & Mary alum, Branch […]

Manufacturing 2025: MINKKINEN, MARCUS
Manufacturing 25 September 2, 2025

Manufacturing 2025: MINKKINEN, MARCUS

In September 2024, Minkkinen succeeded Koen Knippenberg, who managed the plant for more than two years before being promoted to senior vice president of group truck operations for Volvo’s North America branch. A native of Sweden whose father and grandfather worked for Volvo, Minkkinen joined the company in 2004 as a trainee after receiving a […]

Manufacturing 2025: WERGE, ROB
Manufacturing 25 September 2, 2025

Manufacturing 2025: WERGE, ROB

In 2022, Werge became president and CEO of Cadence, a contract manufacturer of medical and drug delivery devices founded in 1985. He previously held leadership positions at Nypro (now Jabil Healthcare), where he led its consumer and electronics business for the Americas region and oversaw operations in India. He also was vice president and general […]

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Top Stories

Eli Lilly Chair and CEO Dave Ricks speaks at a news conference in Richmond on Sept. 16, 2025, announcing the pharmaceutical company's $5 billion investment in a new manufacturing plant in Goochland County. Photo by Katherine Schulte

Eli Lilly to invest $5B in Goochland plant, creating 650 jobs

Pharmaceutical giant Eli Lilly & Co. plans to invest $5 billion in a manufacturing facility in Gooch[...]

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

Virginia casinos report $84.8M in August revenue

August gaming revenues from Virginia’s three casinos totaled $84.8 million, up $90,000 from July a[...]

Norfolk Airport cancels development contract for 165-room hotel

Norfolk Airport cancels development contract for 165-room hotel

The Norfolk Airport Authority recently canceled a contract to develop a 165-room hotel due to an all[...]

Systems Planning & Analysis will expand its Alexandria headquarters, the government contractor announced Sept. 11, 2025. Photo courtesy SPA

Government contractor to add 1,200 jobs in Alexandria and Fairfax

Systems Planning & Analysis (SPA) announced Thursday it plans to expand its headquarters, increase i[...]

Nightingale Ice Cream Sandwiches co-founder, CEO and President Hannah Pollack

Nightingale Ice Cream cancels expansion plans

Nightingale Ice Cream Sandwiches has canceled plans for a $5.8 million expansion into a new Richmond[...]

Youngkin, Senate Dems continue fight over university boards

Youngkin, Senate Dems continue fight over university boards

Virginia State Senate Democratic leaders are calling for George Mason University's rector to recuse [...]

People

Lisa Gilley. Photo courtesy Ellucian

Ellucian announces new chief legal officer

17/9/2025

Default Alt Text

ODU hires new VP for national security initiatives

15/9/2025

Bob Ritchie has been promoted to chief growth officer at SAIC. Courtesy SAIC

SAIC names chief growth officer

12/9/2025

Regions

Nostalgia-fueled Colony House reopens

Nostalgia-fueled Colony House reopens

Thanks to $10 million in 21st-century improvements, Roanoke’s Colony House Motor Lodge will on[...]

Chesterfield zoning update moves forward

Chesterfield zoning update moves forward

Chesterfield County advances ZOMod, its zoning overhaul aligning rules with growth goals. Final vote[...]

Peninsula businesses to get capital boost

Peninsula businesses to get capital boost

Small and midsize businesses in distressed and underserved areas of Hampton and Newport News will be[...]

Marion museum aims to ‘Do the Dew’

Marion museum aims to ‘Do the Dew’

The Birthplace of Modern Mountain Dew museum is expected to draw thousands of tourists with a thirst[...]


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