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CoStar eliminates some jobs, but plans to add about 1,000 jobs
Arlington County-based real estate data and analytics company CoStar Group on Thursday announced several substantial changes to its Virginia workforce, including the elimination of some jobs and the addition of others. The company said it plans to fill more than 1,000 new positions predominantly in Richmond, including 500 new Homes.com sales professionals. CoStar said that […]
Introducing Movers and Shakers
Virginia Business is pleased to introduce our new Movers and Shakers feature that will allow Virginia businesses and organizations to announce your new employees, promotions, board positions, community notes and leaders to our influential audience. Our editorial team will continue to report on the Virginia business community as we always have, but we are not […]
NNS aims to grow workforce
Virginia‘s largest industrial employer, Newport News Shipbuilding, hopes to grow its 26,000-person workforce by 3,000 this year to tackle its backlog of projects. NNS, a division of Huntington Ingalls Industries, is building modular components for 12 Columbia-class subs and then handing them off to partner General Dynamics’ Connecticut-based Electric Boat, and the two companies have [&[...]
Leadership: On the move
Patrick Bain, president and CEO, The Long & Foster Cos., Chantilly In March 2023, Bain was promoted to lead the real estate giant after joining Long & Foster in 2010 as president of its insurance and home warranty businesses. Along the way, he took the reins of the property management and rental service center branches, […]
Construction firms expect mixed bag for 2024, survey says
Construction firms are expecting a mixed bag for 2024, according to results of a survey conducted by the Associated General Contractors of America and Sage Construction and Real Estate, released Thursday. Challenges facing the construction industry include labor shortages, higher interest rates and input costs and a still-struggling supply chain. In Virginia, about 31 firms […]
Resetting the bar
Two venerable Virginia law firms — Roanoke’s Woods Rogers PLC and Norfolk’s Vandeventer Black LLP — combined forces in July 2022, creating the state’s fifth largest firm, Woods Rogers Vandeventer Black PLC, based in Roanoke. It’s a true statewide firm, with branch offices in Norfolk, Richmond, Lynchburg and Charlottesville, in addition to locations in Kitty […]
Lego to hire 500 Chesterfield employees by year’s end
The Lego Group plans to hire approximately 500 people for its $1 billion Chesterfield County manufacturing facility by the end of this year, according to the Danish toymaker’s head of talent operations in the Americas, Karra McCormack. Lego expects to create more than 1,760 jobs over 10 years. The company and Gov. Glenn Youngkin announced […]
Arlington hires new economic development director
Arlington Economic Development’s new director is Ryan Touhill, Arlington County Manager Mark Schwartz announced Monday. Touhill will assume the role on Nov. 28. He succeeds Shannon Flanagan-Watson, who has been serving as interim director since Telly Tucker announced he was leaving to return to Danville, where he became president of the Institute for Advanced Learning […]
Stihl names finance VP
Virginia Beach-based chainsaw and outdoor power equipment manufacturer Stihl Inc. has named Uwe Hirsch its vice president of finance, effective Nov. 7. Hirsch will plan, direct and control the company’s financial plans and will support IT operations and system implementations. He was most recently global vice president of finance, controlling and purchasing in the automotive […]
Chesterfield Carvana facility opens with 240 employees
Fortune 500 used car online retailer Carvana Co. is more than halfway to its 400-employee hiring goal for its $25 million, 191,000-square-foot Chesterfield County inspection center, General Manager Robert Sheets said Wednesday at the center’s ribbon cutting. Carvana has hired 240 employees and expects to reach 400 workers when it begins full production later this […]
Virginia Transformer Corp. launches EV charger module
Roanoke-based power transformer manufacturer Virginia Transformer Corp. has entered the electric vehicle market by launching a manufacturing division to create components for commercial electric vehicle power chargers, with plans to expand the initiative, the company announced Monday. Commercial customers can build self-contained, scalable power modules from VTC’s new product, E2V. The unit [...]
Prince George County hires economic development director
Prince George County has appointed Panayiotis “Yoti” Jabri its director of economic development, effective Aug. 1. Jeff Stoke, who became the county’s administrator on April 12, selected Jabri as his successor. “We are very pleased to be able to appoint Mr. Jabri to this very important county position,” Stoke said in a statement. “He has […]
