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Google investing $1B in Va. data center campuses
Google is investing $1 billion in expanding its Virginia data center campuses this year and is launching a $75 million Google.org AI Opportunity Fund, one of Google’s top executives and Gov. Glenn Youngkin announced Friday at Google’s Reston office. “Today is a great day. We’ve got a $1 billion investment in the commonwealth that we’re […]
Metro passes $4.8B budget for FY25
Metro’s board of directors on Thursday passed a $4.8 billion capital and operations budget for fiscal year 2025, which avoids massive service cuts, although fares will increase by 12.5% beginning July 1. The Washington Metropolitan Area Transit Authority, which oversees the Metrorail and Metrobus public transportation systems, had warned of “catastrophic” cuts to service because [...]
VIPC taps Benevento as permanent president and CEO
Joe Benevento will remain as the Virginia Innovation Partnership Corp.’s president and CEO permanently after serving in the role on an interim basis since September 2023, VIPC announced Wednesday. Benevento took over as interim CEO when Bob Stolle announced he was stepping down. A not-for-profit corporation created in 1985 by the General Assembly as an […]
Youngkin to embark on Northern Europe trade mission
Gov. Glenn Youngkin will leave on his third international trade mission next week, visiting Germany, Denmark, Finland and Switzerland, his office announced Wednesday. According to the news release, he will meet with Finnish President Alexander Stubb, along with officials in Frankfurt, Stuttgart and Munich, Germany; Copenhagen, Denmark; Helsinki; and Zurich, from April 28 through May […]
Virginia ABC board vice chair named CEO
Former beverage industry executive Dale Farino has been appointed the Virginia Alcoholic Beverage Control Authority’s next CEO, effective April 29, Gov. Glenn Youngkin announced Tuesday. Farino served as vice chair of the ABC Board of Directors, and upon his resignation from the board, his seat will be filled by L. Mark Stepanian, former owner and […]
L3Harris announces $41.2M Orange County expansion
Florida-based aerospace and defense contractor L3Harris Technologies announced on Thursday a $41.2 million expansion and modernization of its Aerojet Rocketdyne facility in Orange County, with plans to add 80 employees. Over the next three years, L3Harris also plans to construct new facilities and buy new equipment for the facility, according to a statement from the […]
Petersburg casino competitors roll out details
More details have rolled in about the five Petersburg casino contenders, all of whom presented their plans during a town hall Sunday at the Petersburg Public Library. Hosted by state Sen. Lashresce Aird, D-Petersburg, the town hall saw officials representing Bally’s, Cordish Cos., Penn Entertainment, Rush Street Gaming and The Warrenton Group reveal more details […]
Youngkin appoints lottery director, tax commissioner and chief transformation officer
Gov. Glenn Youngkin announced three new hires in his administration Friday, including a new lottery director, chief transformation officer and tax commissioner. Khalid Jones, a hedge fund founder, attorney and licensing firm partner, was appointed director of the Virginia Lottery, assuming the role previously held by Kelly Gee, who was named secretary of the commonwealth […]
SCHEV board member hired as new director
Less than a year after joining the State Council of Higher Education for Virginia’s board, A. Scott Fleming will be SCHEV’s next director, the state agency announced Thursday. Fleming, whom Gov. Glenn Youngkin appointed to the SCHEV board in July 2023, stepped down from the body this week after accepting the job as director. He […]
Senate Dems criticize Youngkin’s budget amendments
Virginia Senate Democrats had a lot of criticism Tuesday for Gov. Glenn Youngkin’s proposed reworking of the state’s 2024-26 budget but held back on saying whether they would vote yea or nay on his 233 amendments. Senate Majority Leader Scott Surovell, D-Fairfax, said late Tuesday afternoon that he and fellow legislators had not had time […]
HP Hood announces $83.5M expansion in Frederick County
HP Hood, a nationally branded dairy processor, will invest more than $83.5 million to expand dairy processing operations at its Winchester-area facility in Frederick County, Gov. Glenn Youngkin’s office announced Tuesday. The project includes upgrades to production and packaging equipment as well as construction of additional warehouse and cooler space. HP Hood’s expansion will provide [&helli[...]
Youngkin removes tax cuts, RGGI mandate in budget
Virginia Gov. Glenn Youngkin on Monday released a slate of 233 amendments to the state budget passed by the General Assembly — calling it an opportunity for “common ground.” However, his budget removes language that would mandate Virginia’s future participation in the Regional Greenhouse Gas Initiative, which has been a high priority for Democrats. It […]
