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Home>Virginia Business

Virginia Business

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Recent Articles from Virginia Business

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News September 2, 2025

Transportation 2025: CRUTCHFIELD, RANDALL

Crutchfield has been chairman and CEO of Colonna’s Shipyard — one of the nation’s largest private shipyards — since January 2024, succeeding Tom Godfrey, who retired at the end of 2023 after leading the company for decades. Founded in 1875 and headquartered in Norfolk, Colonna’s provides ship repair, marine and industrial machining, and steel fabrication. […]

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News September 2, 2025

Transportation 2025: EDWARDS, STEPHEN

The Virginia Port Authority runs the Port of Virginia, which is one of the state’s chief economic drivers. Annually, port-related business and activity account for more than 565,000 jobs, more than $124.1 billion in total spending and $5.8 billion in state and local tax revenues. Meanwhile, Edwards and other port leaders have stayed focused on […]

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News September 2, 2025

Transportation 2025: KUHN, CHARLES

At age 16, Kuhn founded JK Moving Services, now North America’s largest independently owned and operated moving company, with $225.5 million in fiscal 2024 revenue. It employs more than 1,300 workers. The company has moved presidents and their families in and out of the White House since George H.W. Bush’s administration, including moving the Trumps […]

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News September 2, 2025

Transportation 2025: LAYNE JR., AUBREY L.

Layne, a former state secretary of finance and secretary of transportation under two governors, has worked at Sentara, a 34,000-employee regional health system, since July 2021, overseeing several teams, including legislative affairs, real estate, construction, supply chain, security, compliance, internal audit and privacy. He also chairs the Virginia Port Authority board, which oversees the Port [...]

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News September 2, 2025

Transportation 2025: McDANIEL, CHARLES

McDaniel is Hilldrup’s fourth president since the moving, storage and logistics since the moving, storage and logistics company was founded in 1903. The McDaniel family has owned the company since 1940. McDaniel also previously chaired the board for UniGroup, the Missouri- based parent company of United Van Lines and Mayflower Transit. Hilldrup now generates annual revenues exceeding [&hel[...]

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News September 2, 2025

Transportation 2025: MEMORY, BEAU

Memory started with Transurban, an Australian transportation company operating express toll lanes in Northern Virginia, in November 2023 after serving as executive director of the Public Highway Authority in Denver. He oversees 155 employees and the company’s toll lanes on the Capital Beltway and i terstates 95 and 395, as well as the A25 Bridge […]

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News September 2, 2025

Transportation 2025: MILLER, JERROLD

Founder of The Miller Group, the developer for Fairwinds Landing, Miller is guiding the development of the 111-acre project at Norfolk Southern’s Lambert’s Point Docks in Norfolk. The $500 million development will transform the former docks into a marine logistics center supporting the growth of offshore wind, shipbuilding and intermodal transportation. The project, a joint venture i[...]

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News September 2, 2025

Transportation 2025: HALL, KEITH

In 2023, Hall tasked Bob McGonigal, TFI International executive vice president, with helping turn around TFI’s U.S. less-than-truckload operation. Montreal-based TFI purchased TForce, which had lost revenue in the past few years, from UPS in 2021 for $800 million. TFI reported its 2024 net income was $422.5 million, down from $504.9 million in 2023. Alain […]

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: SHEEHY IV, VINCE

Sheehy carries on his father’s legacy as an auto dealer, manning the largest dealership group in Virginia and one of the largest in the nation. His late father, Vincent Sheehy III, founded Sheehy Ford in Maryland in 1965 as a suburban business near the newly built Capital Beltway. Sheehy Auto Stores was ranked No. 33 in […]

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: WARREN THOMPSON

Thompson became an entrepreneur as a teen, when he purchased and ran his family’s hog farm in Windsor. He now heads the largest minority-owned food and facilities management corporation in the nation, which he founded in 1992 with the purchase of 31 Bob’s Big Boy restaurants. Thompson Hospitality provides dining services for more than 200 […]

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Top Stories

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[...]

Boeing completes $4.7B Spirit AeroSystems purchase

Boeing completes $4.7B Spirit AeroSystems purchase

Boeing has finalized its $4.7B acquisition of Spirit AeroSystems, bringing 737 Max fuselage producti[...]

Philanthropist Joan Brock, left, and her late husband, Dollar Tree co-founder Macon Brock. Photo Courtesy Old Dominion University

ODU gets $15M gift from Brock to launch nutrition institute

Old Dominion University has received a $15 million gift to establish a nutrition and lifestyle medic[...]

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Virginia lawmakers outline new retail marijuana plans

Lawmakers who in coming months will contribute to shaping the bills that launch Virginia’s lon[...]

A Radford native, John Asbury traveled all over the country for his banking career but returned to Virginia in 2016 to lead Atlantic Union Bank. Photo courtesy Atlantic Union Bank

2025 Virginia Business Person of the Year: John Asbury | Atlantic Union Bank

Atlantic Union CEO John Asbury is Virginia Business’ 2025 Business Person of the Year, recognized [...]

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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