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Home>Virginia Business

Virginia Business

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Recent Articles from Virginia Business

News March 11, 2013

McDonnell attends Va. Beach tower groundbreaking

VIRGINIA BEACH Gov. Bob McDonnell attended the ceremonial groundbreaking today of Town Center's newest tower. McDonnell praised the $95 million project for bringing jobs and economic opportunities, noting he had watched Town Center's progress while he lived and worked in the city. "This is a major step forward for the region," he said.

News March 10, 2013

Lipton brews $96M deal to stay in Suffolk

SUFFOLK The brewing is staying in Suffolk. The parent company of the Lipton Tea plant just west of the city's downtown has pledged to invest more than $96 million to expand the facility. That investment from consumer goods company Unilever - set to be announced at a local ceremony with Gov. Bob McDonnell today - means the city's nearly 60-year relationship with the Lipton plant will continue.

News March 10, 2013

Lipton brews $96 million deal to stay in Suffolk

SUFFOLK The brewing is staying in Suffolk. The parent company of the Lipton Tea plant just west of the city's downtown has pledged to invest more than $96 million to expand the facility. That investment from consumer goods company Unilever - announced at a local ceremony with Gov. Bob McDonnell today - means the city's nearly 60-year relationship with the Lipton plant will continue.

News March 10, 2013

Why did Lipton stay? Workers steeped in plant history

SUFFOLK Its 60-year history in the city, a trained workforce of 300 employees and proximity to the port were key factors in Unilever's decision to stay put and invest $96 million to upgrade its Lipton Tea plant in Suffolk, company officials said Monday.

News March 8, 2013

Tea Party activist Radke behind anti-McDonnell ad in Iowa

Tea Party activist and former U.S. Senate candidate Jamie Radtke is the disembodied voice in a new attack ad airing in Iowa that seeks to kneecap any 2016 presidential ambitions Gov. Bob McDonnell may have.

News March 8, 2013

Company, VDOT staff given bumpy pothole review

NORFOLK A state investigation has found plenty of blame to go around for the region's crumbling interstates.

News March 6, 2013

Scarborough sticks up for McDonnell after CPAC snub

The cold shoulder given Virginia Gov. Bob McDonnell by organizers of the upcoming Conservative Political Action Conference has MSNBC host Joe Scarborough hot and bothered.

News March 5, 2013

Cuccinelli settles with Va. Beach loan-modifying firm

Virginia Attorney General Ken Cuccinelli on Tuesday announced that his office had reached settlements with two loan-modification companies, including Rysnglo Financial Management LLC of Virginia Beach, for allegedly charging illegal up-front fees and failing to fulfill promises to customers.

News March 5, 2013

McDonnell uninvited to annual conservative conference

...

News March 5, 2013

McDonnell not invited to annual conservative conference

Bob McDonnell, Virginia's popular Republican chief executive, won't be at the annual event set for March 14-16 -- he wasn't invited to this year's forum after being asked to attend the past two years.

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Top Stories

Geveden

BWXT to sell medical business for $800M

BWX Technologies on Monday announced it has entered an agreement to sell its medical business to Swe[...]

Newport News Shipbuilding marked its 140th anniversary this year. A division of Huntington Ingalls Industries, the shipyard is Virginia’s largest industrial employer. Photo courtesy Huntington Ingalls Industries

Milestones: Virginia companies going the distance

While the first few years in business are notoriously challenging for entrepreneurs, even milestones[...]

Rhyu. Photo courtesy Stride

CEO of ed tech provider Stride out after 5+ years

Stride CEO James Rhyu is out after more than five years leading the Reston-based education technolog[...]

McInerney_Tom-HighRes-1

Genworth CEO takes leave of absence

Genworth Financial President and CEO Thomas McInerney has taken a leave of absence; CFO Jerome Upton[...]

Server room interior in datacenter. Depositphotos

Loudoun supervisors mull data center moratorium

Loudoun County Board of Supervisors voted 6-1 to direct staff to prepare an item placing a moratoriu[...]

Depositphotos_888565840_XL

Virginia joins 12 states alleging Nexstar, Tegna violating hold separate order

Virginia Attorney General Jay Jones alleges Nexstar and Tegna violate a court order halting their me[...]

People

Monica Baskin. Photo courtesy Virginia Commonwealth University

VCU names director for Massey Comprehensive Cancer Center

28/7/2026

Hernandez-Brown-header

Guidehouse appoints new CFO and chief transformation officer

24/7/2026

Peraton’-new-CFO-Salim-Omar

Peraton promotes acting CFO to permanent role

16/7/2026

Regions

Then-Gov. Glenn Youngkin joined Merck & Co. at the October 2025 groundbreaking for Merck’s $3 billion expansion in Elkton. Photo by Kaitlyn DeHardie, Office of Gov. Glenn Youngkin

Big deals: Pharma, manufacturing make splash in Virginia

Anticipated to create at least 100 jobs apiece, these economic development announcements were some o[...]

David Perry, executive director of the Blue Ridge Land Conservancy, stands in front of a section of Evans Spring. Photo by Natalee Waters

Roanoke’s largest undeveloped tract remains in limbo

The fate of Roanoke’s 150-acre Evans Spring site remains uncertain as city council allows conserva[...]

James Madison University President James C. Schmidt’s strategic plan for the university, the Madison Promise, aims to generate a $2 billion economic impact on the commonwealth during the next 14 years. Photo courtesy James Madison University

JMU eyes $2 billion economic impact by 2040

James Madison University plans to generate a $2 billion economic impact in Virginia by 2040 through [...]

AeroFarms opened its Ringgold facility in 2022. Photo by Hannah King

After near shutdown, AeroFarms has new owners

AeroFarms in Danville has new owners and a new CEO after nearly shutting down, signaling renewed hop[...]


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