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2025 Virginia C-Suite Awards: Government
Winners of the 2025 Virginia C-Suite Awards, government division
Fusion power plant seeks zoning permit in Chesterfield
Commonwealth Fusion Solutions has filed an application with Chesterfield County for a permit to build its proposed 400-megawatt fusion power plant in the county, which would be the world’s first grid-scale commercial fusion power plant.
Despite bankruptcy, Plenty to finish Chesterfield vertical indoor farms
Despite filing for bankruptcy in March, Plenty Unlimited says it will be able to finish construction of its vertical indoor farm in Chesterfield County.
Lego to build $366M Prince George County warehouse
Lego will invest $366 million in a new warehouse in Prince George County, creating an estimated 305 jobs and expanding its U.S. logistics and distribution network.
New logistics centers boost Virginia’s supply chain edge
Four major logistics hubs, including Amazon and Port 460, open across Virginia in 2024, enhancing East Coast distribution and supply chain access.
Chesterfield County leads Virginia in population growth
Chesterfield County tops Virginia in population growth, fueled by new housing, remote workers, and major employers like Lego seeking a strong workforce.
Virginia scores big with booming sports tourism industry
Henrico and other Virginia counties see major economic growth from sports tourism, with events and new venues boosting jobs, tax revenue, and visitors.
Richmond warehouse complex with Amazon fulfillment center sells for $97.5M
Stream Realty Partners acquires Richmond warehouse campus for $97.5M and 135-acre Chesterfield site, signaling growing interest in the region.
Largest industrial building in Richmond market holds groundbreaking
A massive 846,260 square-foot spec industrial facility under construction in southern Chesterfield County is expected to be ready for delivery before the end of the year. New York-based real estate developer PNK Group began construction on the building at 1640 Ashton Park Drive during the first quarter of this year and hosted a groundbreaking ceremony […]
Chesterfield’s Atlantic Constructors Inc. acquired by Texas co.
One of the U.S.’s largest providers of mechanical services, Texas-based TriplePoint MEP, has acquired Chesterfield County-based Atlantic Constructors Inc. (ACI), according to a Monday announcement. ACI, which provides mechanical, electrical, plumbing and fire protection products and services, also has locations in Roanoke, Suffolk, Sterling, and Wilmington, North Carolina. A request for comm[...]
Va. reports close to 300 layoffs across 3 bizs
A Fortune 500 federal contractor, a global aluminum company and a private school notified Virginia on March 31 of job cuts in compliance with the Worker Adjustment and Retraining Notification (WARN) Act. Leidos, which has its headquarters in Reston and provides technology, engineering and science services to defense, intelligence, civil and health customers, will lay […]
$120M TowneBank-Village Bank acquisition approved by state, FDIC
Suffolk-based TowneBank’s $120 million acquisition of Midlothian’s Village Bank and Trust Financial Corp. has been approved by the FDIC and the Virginia State Corporation Commission, clearing the way for a completed deal in early April, the two banks said Tuesday. Announced in September 2024, the combined bank, which will still be known as TowneBank, will […]
