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Home>Virginia Business

Virginia Business

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Recent Articles from Virginia Business

Manufacturing 2025: BROADFOOT, HOWARD
Manufacturing 25 September 2, 2025

Manufacturing 2025: CODINA, ESTER

Codina started in her current position with Swedish company Alfa Laval in 2022 after serving as senior vice president of its U.S. service and marine divisions. Founded in 1883, the company is a global manufacturer of heat transfer, separation and fluid-handling products, mainly for the energy, environment, food and marine industries. In October 2024, Alfa […]

Manufacturing 2025: JENKINS, JONATHAN
Manufacturing 25 September 2, 2025

Manufacturing 2025: JENKINS, JONATHAN

Jenkins became president of Culpeper Wood Preservers in 2016. Started from a single location in Culpeper in 1976, the company now has 19 locations on the East Coast and in Indiana and Tennessee. It is a leading manufacturer of pressure-treated lumber products for the residential, commercial, industrial and marine markets. Its name-brand products are sold […]

Manufacturing 2025: SPILMAN JR., ROBERT H.
Manufacturing 25 September 2, 2025

Manufacturing 2025: SPILMAN JR., ROBERT H.

Spilman has led Bassett Furniture as its CEO since 2000, also becoming the company’s board chairman in 2016. He has been with the home furniture retailer, manufacturer and marketer for four decades and succeeded his father, Robert H. Spilman Sr., as its chief executive. A network of 87 company- and licensee-owned Bassett Home Furnishings stores […]

Manufacturing 2025: HAYES, TOM
Manufacturing 25 September 2, 2025

Manufacturing 2025: HAYES, TOM

In 2023, tobacco giant and Altria Group competitor Philip Morris International obtained full ownership of Swedish Match AB. The company develops, manufactures and distributes products including chew bags, moist snuff, tobacco-free nicotine pouches, matches and lighters. Hayes began working for the Swedish tobacco products manufacturer in 2006, serving as chief financial officer and senior vice pr[...]

Manufacturing 2025: PALIOTTI, BRIAN D.
Manufacturing 25 September 2, 2025

Manufacturing 2025: PALIOTTI, BRIAN D.

Paliotti has been president of Afton Chemical since 2023, after having joined the company in 2008 as operations finance director and working for its parent company, NewMarket, as senior finance director. Afton develops and manufactures lubricant and fuel additive packages and markets and sells the products globally. Afton maintains operations in North America, Europe, Asia, […]

Manufacturing 2025: PARKINSON, JOHN
Manufacturing 25 September 2, 2025

Manufacturing 2025: PARKINSON, JOHN

A subsidiary of Duroc AB, a Sweden-based investment firm that invests in industrial manufacturers, Drake Extrusion produces polypropylene-based colored filament yarn and staple fiber used for home furnishings and automotive manufacturing. The company established its roots in Henry County in 1995, and Parkinson has served at the helm since 2001. In 2021, Drake acquired North […]

Manufacturing 2025: SHIM, PATRICK
Manufacturing 25 September 2, 2025

Manufacturing 2025: SHIM, PATRICK

Gov. Glenn Youngkin, U.S. Sen. Tim Kaine and other officials gathered with Shim in Chesapeake in April to break ground for LS GreenLink USA’s roughly $700 million advanced cable manufacturing and port facility. The site will include a 750,000-square-foot production facility with the state’s tallest structure: a 660-foot tower needed to support the production of […]

Manufacturing 2025: BASSETT, DOUG
Manufacturing 25 September 2, 2025

Manufacturing 2025: BASSETT, DOUG

Since 2012, Bassett has served as president of Vaughan-Bassett, marking the fourth generation to lead the family company, which opened in 1919. Its brands include Vaughan-Bassett Furniture, Artisan & Post and Laurel Mercantile Co. Home by Ben & Erin Napier. Vaughan-Bassett also bills itself as the nation’s largest manufacturer of wooden bedroom furniture for adults. […]

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

Banking | Finance 2025: ADAMS JR., RICHARD M.

In 2022, Adams became the 14th CEO of United Bank, which was founded in 1839 and previously run by both his father and grandfather. Adams didn’t join the family business immediately after earning a law degree at Washington and Lee University. Instead, he went to work as an associate at law firm Bowles Rice. In […]

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

Manufacturing 2025: COLLIER, ROB

In early 2023, Danaher, a Washington, D.C., conglomerate encompassing biotechnology, diagnostics and life sciences businesses, announced plans to spin off its environmental and applied solutions segment into a separate public company headquartered in Massachusetts and called Veralto. A subsidiary of Danaher since 2007, Glen Allen-based ChemTreat is now part of Veralto, and Collier is now […[...]

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Top Stories

The interior of a data center

Data center developer to build $3B campus in Caroline

CleanArc Data Centers is building a $3 billion data center campus in Caroline County, Gov. Glenn You[...]

A Capital One sign in front of a glass-paneled building

FDIC files counterclaim against Capital One in special assessment case

This week the Federal Deposit Insurance Corp. filed a counterclaim against McLean-based bank Capital[...]

Flags wave on the roof of the State Capitol in Richmond, Va. Feb. 26, 2011. (AP Photo/Steve Helber)

Virginia Senate Democrat files right-to-work repeal bill

Democratic state Sen. Jennifer Carroll Foy has filed legislation to repeal Virginia's right-to-work [...]

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Amazon buys 189 acres in Prince William tech park for $700M

Amazon Data Services has bought approximately 188.5 acres in Prince William County for a whopping $7[...]

Stephen Edwards tapped for national port association board

Edwards to step down as Port of Virginia CEO

Stephen A. Edwards is stepping down at the end of the year as the Virginia Port Authority's CEO and [...]

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Ex-U.Va. president alleges board members ‘complicit’ in exit

Former University of Virginia president Jim Ryan on Friday sent a 12-page letter to the university's[...]

People

McLean-based Bogart Wealth has appointed Allen Eickelberg as its chief operating officer. Photo courtesy Bogart Wealth

Bogart Wealth announces new COO

19/11/2025

Regent University names law school dean

Regent University names law school dean

13/11/2025

Northrop Grumman taps new CFO

Northrop Grumman taps new CFO

7/11/2025

Regions

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[...]

Roanoke remembers Hurricane Juan’s 1985 toll

Roanoke remembers Hurricane Juan’s 1985 toll

Forty years ago, remnants of Hurricane Juan dumped buckets of rain on the Roanoke Valley for days. T[...]

Newport News airport shifting beyond commercial flights

Newport News airport shifting beyond commercial flights

Following years of declining commercial air travel, the Newport News-Williamsburg Airport is expandi[...]


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