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Va. companies aid Ukraine, pull business from Russia
McLean-based Mars Inc. and other companies with major Virginia presences are responding to the war between Russia and Ukraine, chiefly by helping employees who live in the Eastern European nation and sending other humanitarian aid to Ukraine, as well as suspending business dealings in Russia, a measure taken by many U.S. companies in recent days. […]
Thomas O. Ryder joins Focused Ultrasound Foundation board
Thomas O. Ryder, former CEO and chairman of White Plains, New York-based Reader’s Digest Association Inc., has been elected to the board of the Charlottesville-based Focused Ultrasound Foundation. Ryder has served on Amazon.com Inc.’s board for two decades. He worked for Time Inc., CBS and Education Today Co. Inc., where he was a co-founder and […]
Amazon to partner with 5 Va. schools for employee education
Amazon.com Inc. will partner with more than 140 colleges and universities, including five in Virginia, to provide fully-funded college tuition for its hourly employees, the company announced Thursday. In the Richmond area, Amazon employees will have access to degrees at Virginia Commonwealth University, Reynolds Community College and John Tyler Community College. In Northern Virginia, they [&helli[...]
Amazon to open Augusta County distribution facility
Amazon.com Inc. will open a 1 million-square-foot, nonsortable fulfillment center in Augusta County, creating 500 jobs, Gov. Glenn Youngkin announced Wednesday. The facility at 32 Trader Road in Fishersville will open in spring 2023 and will pick, pack and ship bulky or larger-sized items, such as patio furniture, outdoor equipment or rugs. “This new 1 […]
Arlington’s The Millennium apartment building sells for $200.5M
An affiliate of Washington, D.C.-based The UIP Companies Inc., in partnership with New Jersey-based furnished housing company Churchill Living, purchased The Millennium apartment building in Arlington for $200.5 million on Jan. 20, Arlington property records show. Located at 1130 S. Fair St., near Metropolitan Park — the first phase of Amazon.com Inc.’s HQ2 — the […]
Looking back
In November 2021, Gov. Ralph Northam sat down for an interview with Virginia Business, looking back at his eventful four-year term. This is a transcript of the full interview, part of which was used in the January 2022 cover story, “A dramatic shift.” The interview has been edited for length and clarity. Virginia Business: What […]
A dramatic shift
Four years ago, no one would have guessed Gov. Ralph Northam would lead the most progressive Virginia administration in modern memory. A native of Onancock on Virginia’s Eastern Shore, as well as a pediatric neurologist and Army veteran, Virginia’s 73rd governor was eyed by some Democrats with suspicion after acknowledging he’d voted twice for President […]
Amazon provides $21M to create real estate developers of color program
Amazon.com Inc. announced Wednesday a $21 million grant to create a professional training, mentorship and capital funding program for real estate developers of color focused on affordable housing. “With this accelerator program, we are laser focused on lifting up emerging real estate developers of color. We want to foster their professional growth through education and […]
Pentagon City plan aims for higher density
A major study that will shape the future of Pentagon City is entering its final stages. The Arlington County urban village has grown from empty fields and warehouses in the 1950s to become one of the Washington, D.C., area’s busiest neighborhoods. With construction plans now under community review for Amazon.com Inc.’s HQ2, Pentagon City is […]
Amazon has hired 3,500 HQ2 workers
Amazon.com Inc. has hired 3,500 of its 25,000 planned workers for HQ2, the tech behemoth’s $2.5 billion East Coast headquarters in Arlington. Meanwhile, construction on the two office towers for HQ2’s first phase, Metropolitan Park, is more than halfway complete, company representatives said during a site tour Wednesday. Amazon has added about 500 […]
Amazon to open East Coast supply chain hub in Stafford
Amazon.com Inc. will establish a new cross-dock fulfillment center in Stafford County, serving as an East Coast supply chain hub and creating 500 jobs, Virginia Gov. Ralph Northam announced Tuesday. The 630,000-square-foot facility at the Northern Virginia Gateway industrial site in Stafford will be responsible for the beginning of a supply chain where products from […]
Amazon HQ2 budget, square footage are growing
Nearly three years after Amazon.com Inc. tapped Arlington as the home for its multibillion-dollar East Coast headquarters, construction is well underway, with the global e-tailer already hiring more than 3,000 Amazon HQ2 employees. Since the project was announced, three numbers have stood out: 25,000 jobs, 4 million square feet of office space and a price […]
