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Schewels Home acquires Richmond-area Central Furniture
Lynchburg-based furniture retailer Schewels Home is opening its newest location in Henrico County following the acquisition of Central Furniture.
BWXT wins $174M naval contract
A BWX Technologies subsidiary has been awarded a $174 million contract from the U.S. Naval Nuclear Propulsion Program.
BWXT announces new chief strategy officer
BWX Technologies, a Lynchburg-based manufacturer of nuclear components and fuel has tapped Rik Geiersbach as its new chief strategy officer.
Amazon to build $16M+ distribution center in Amherst
Amazon.com Services has selected Amherst County for the site of a new 78,000-square-foot distribution facility.
BWXT launches subsidiary to deliver commercial nuclear fuel
BWXT launches a subsidiary, BWXT Advanced Fuels, to commercialize advanced nuclear fuel
Blue Ridge Beverage to move Lynchburg ops to Campbell
Blue Ridge Beverage will invest $10M to relocate its Lynchburg ops and 94 jobs to a new facility in Campbell County’s Seneca Commerce Park.
BWXT wins $2.6B in contracts for naval nuclear reactor components
The U.S. Naval Nuclear Propulsion Program has awarded BWX Technologies contracts totaling approximately $2.6 billion.
Officials envision new life for shuttered state campus
Summary CVTC closed in 2020, costing the region 1,600 jobs and $87M. Redevelopment plan envisions housing, retail, and light industry. Site includes 98 outdated buildings, many with asbestos. State allocated $6M for demolition to attract developers. [/box Lynchburg-area leaders want to see a second act for about 386 acres that were once home to the […]
Schewels Home acquires 100-year-old Petersburg retailer
Lynchburg retailer Schewels Home announced that it acquired Petersburg-based Butterworth’s Furniture, which has been in business since 1925.
June 2025 for the record
A monthly round up of the top business stories in the state of Virginia
Lynchburg-based BWXT taps new CHRO
Lynchburg’s BWX Technologies has appointed Gonzalo Cajade as chief human resources officer, effective June 1.
BWXT CFO steps down
Lynchburg-based nuclear components and fuel supplier manufacturer BWX Technologies announced that Robb A. LeMasters has stepped down from his position as executive vice president and chief financial officer. The company also announced that it has named chief accounting officer Mike T. Fitzgerald as the interim CFO.
