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Performance Food Group and US Foods terminate merger talks
Goochland County-based Fortune Global 500 company Performance Food Group and US Foods have scrapped discussions of a merger.
CarMax CEO out after nearly a decade
CarMax CEO Bill Nash is stepping down after nearly 10 years. David McCreight will serve as interim CEO starting Dec. 1.
Fortune 500 retailer CarMax lays off 350 employees
Goochland County-based Fortune 500 used car retailer CarMax is laying off about 350 employees nationally, including 55 in Virginia.
Virginia’s Performance Food Group exploring merger with US Foods
Performance Food Group has entered into an agreement with US Foods to begin sharing information, hinting at a possible merger.
Eli Lilly to invest $5B in Goochland plant, creating 650 jobs
Pharmaceutical giant Eli Lilly & Co. plans to invest $5 billion in a manufacturing facility in Goochland County expected to create 650 permanent jobs.
AstraZeneca to locate pharma plant in Albemarle
AstraZeneca and Eli Lilly & Co. are planning to locate major manufacturing facilities in Albemarle and Goochland counties.
Amazon fulfillment center in Goochland to create 1,000+ jobs
Gov. Glenn Youngkin participated Wednesday in a ceremonial groundbreaking for Amazon.com's 3.1 million-square-foot robotics fulfillment center in Goochland County, which is expected to create more than 1,000 full-time and part-time jobs.
CarMax leaves Martin Agency, transfers ad account to L.A. firm
Fortune 500 used car retailer CarMax, headquartered in Goochland County, has chosen a new creative agency of record, leaving Richmond-based marketing and ad firm The Martin Agency, which held the account since 2019. The nation’s largest used car retailer announced Wednesday it has appointed 72andSunny’s Los Angeles office as its creative AOR “following a competitive […]
Luck Cos. names president
Richard Luck is now president of Luck Cos., the Goochland-based construction aggregates and decorative stone producer announced Nov. 12 along with several other leadership changes. Richard Luck is the fourth generation of the Luck family to take a leadership role at the company, which has three business units: Luck Stone, Luck Ecosystems, and Luck Real […]
7 Va. companies make 2024 Fortune Global 500
Seven Virginia-based companies made Fortune magazine’s 35th Global 500 list, released Monday. Companies were ranked by total revenues for fiscal years ending on or before March 31. McLean’s Freddie Mac remained the commonwealth’s top-ranked company at No. 88 — up 45 spots from 2023. The government-sponsored home mortgage company reported net income of $10.5 billion […]
Love at first site
Home to eight Fortune 500 companies and three Fortune 1000 companies, metro Richmond is “punching above our weight” for a region of 1.3 million residents, says Jennifer Wakefield, president and CEO of the Greater Richmond Partnership. For the third year in a row, the Richmond region was named by Business Facilities magazine as a top […]
Manufacturing 2023: CHARLES ‘CHARLIE’ LUCK IV
The third generation of Lucks to lead the crushed stone company and its real estate subsidiary, Charlie Luck is currently celebrating the company’s 100th anniversary. Over the years, Luck Cos. has established a footprint that extends throughout Virginia, North Carolina, South Carolina and Georgia, with about 950 employees. In February, the company applied to build […]
