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Rainmaker-in-chief
On Aug. 29, 2005, Jason El Koubi’s first day as research and policy director for Louisiana’s Baton Rouge regional chamber of commerce, Hurricane Katrina slammed into the state, resetting El Koubi’s and the state’s trajectory. It was a fast lesson in crisis management, but also one in economic transformation. That job was among his first […]
A diversified portfolio
In a city where tourism reigns, nothing could be more welcome than a post-pandemic world. And though we’re not quite there yet, Virginia Beach is licking its chops over the prospect of maskless visitors pouring into town. The city, with fingers crossed in hopes that new coronavirus variants don’t arrive before the tourists do, is […]
Counties collaborating on industrial park
In the coming months, the rubble of a demolished furniture factory on a roughly 70-acre property in Chilhowie will be hauled away to make room for an industrial park. Smyth County is teaming up with Bland and Washington counties, forming the Pathway Regional Industrial Facilities Authority to create Pathway Park, which will feature rail service […]
Sound investments
Let’s simply call it a magazine publisher’s reality check. When news reports of supply chain disruptions and record backups at West Coast ports began to appear last year, I immediately thought, “What’s going on at the Port of Virginia?” When I leave downtown Norfolk, it is almost always via the Midtown Tunnel. Emerging from the […]
Caesars Virginia names Danville casino contractor
Caesars Virginia has named Baltimore-based Whiting-Turner as the general contractor to build its $500 million resort and casino in Danville, Caesars Entertainment announced Monday. The resort will have a 500-guestroom hotel, a casino with more than 1,400 slot machines and table games, a Caesars sportsbook and a World Series of Poker-branded poker room. It will […]
Richmond tech company to add 30+ jobs
Shockoe, a Richmond-based technology company that builds apps and other tech products for client companies, will expand to create more than 30 jobs, Richmond’s mayor announced Thursday. Headquartered in the Scott’s Addition neighborhood, Shockoe was founded in 2010 by Edwin Huertas and has been featured in the Inc. 5000 list of fastest-growing privately held companies, […]
Google to invest $300M in Va., announces workforce grant
Google will invest $300 million in Virginia in a plan that includes data centers, the technology giant announced Tuesday during a press conference at its Reston office. That’s in addition to a $250,000 grant to Richmond-based nonprofit CodeVA to develop a network of computer science lab schools to expand professional development for teachers, resources for […]
Frederick County insulation facility add-on to create 37 jobs
Atlanta-based Kingspan Insulation LLC will invest $27 million to expand its Frederick County operations, a project expected to create 37 jobs, Gov. Glenn Youngkin announced Wednesday. Kingspan Insulation is a division of Kingspan Group that manufactures energy efficiency and moisture management products for residential and commercial construction. The company will add a 155,000-square-foot manufac[...]
Norfolk cement company to invest $37M in new dome
Norfolk-based Titan America LLC, a producer of heavy building materials, announced last week it will construct a 70,000-ton dome in Chesapeake, a project estimated to cost $37 million. Titan will build the dome to hold bulk storage, adding to its current 35,000-ton capacity at its Roanoke Cement import terminal. According to the company, the expansion […]
DNA lab capacity expansion to bring 70 more jobs to Fairfax
Lorton-based forensic DNA testing company Bode Technology will invest $2 million to expand its DNA testing lab capacity in Fairfax County, a project expected to create more than 70 jobs, Gov. Glenn Youngkin announced Monday. The company will reconfigure about 5,000 square feet of its lab and add laboratory benches and robotics to support increased […]
Military contractor to add hundreds of jobs in Norfolk
Fairfax-based military contractor WR Systems will expand its Norfolk campus, Norfolk Mayor Kenneth Cooper Alexander announced at the city’s annual State of the City address on Thursday. The Norfolk campus currently houses more than 320 employees and will add several hundred jobs, Alexander said. “In making the decision, they shared that Norfolk’s position as a […]
Bermuda insurer to establish U.S. HQ in Henrico
Bermuda-based Hamilton Insurance Group Ltd. will invest at least $415,000 to establish the U.S. headquarters of its subsidiary in Henrico County, a project estimated to create more than 70 jobs, Gov. Glenn Youngkin announced Friday. Hamilton’s wholly owned subsidiary, Hamilton Select Insurance Inc., is a commercial insurer that underwrites excess and surplus insurance. “Henrico County [&hellip[...]
