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Issues

Feb 28, 2024

Directory of business schools in Virginia

Public colleges & universities (nonprofit, based in Virginia) CHRISTOPHER NEWPORT UNIVERSITY Joseph W. Luter III School of Business Newport News | 757-594-7215 cnu.edu/schoolofbusiness GEORGE MASON UNIVERSITY School of Business Fairfax | 703-993-1880 business.gmu.edu JAMES MADISON UNIVERSITY College of Business Harrisonburg | 540-568-2785 jmu.edu/cob LONGWOOD UNIVERSITY College of Business & Economics Farmville | 434-395-2042 lo[...]

Feb 28, 2024

Southern Va. Big Deal: Shattering records

Poland-based Press Glass, a flat-glass fabricator for the commercial construction industry, will gain a competitive edge when it breaks ground on a $155.2 million expansion of its Ridgeway plant in the second quarter. It’s the single largest investment by a business in Henry County’s history, topping packaging manufacturer C[...]

This photo released by the National Transportation Safety Board shows a gaping hole where the paneled-over door had been at the fuselage plug area of Alaska Airlines Flight 1282 on Jan. 7 in Portland, Oregon.
Feb 28, 2024

Va.’s Largest Companies: Emergency landing

As the U.S. economy showed signs of unexpected strength and inflation slowed throughout 2023, most of Virginia’s largest publicly traded companies held their own, with some riding high. Reston-based General Dynamics saw its highest-ever quarterly revenue, while Performance Food Group, headquartered in Goochland County, made th[...]

Feb 28, 2024

Education: Getting their money’s worth

The past year brought more big donations to Virginia’s universities, as well as the installation of a few new presidents, while students and families remained focused on finances and return on investment. In Virginia Business’ August 2023 cover story, “Money machine,” the magazine examined the soaring costs of a four-yea[...]

Feb 28, 2024

Real Estate and Construction: Hot properties

It was a rough year for prospective homebuyers, especially those seeking houses in Northern Virginia and the Richmond area. Home sales in Virginia were the lowest the market has seen since 2014, dropping 20% from 2022 to 2023, according to data released in January by Virginia Realtors. Hampton Roads and Shenandoah Valley home sa[...]

Feb 28, 2024

Southern Va. Year-in-Review: Hitting the jackpot

Southern Virginia is seeing years of preparation for economic development pay big dividends. Businesses ranging from a temporary casino to a biopharmaceutical company to a flat-glass manufacturer announced they were opening or planning expansions in the region in 2023. Local economic development officials say the major draws the[...]

Feb 28, 2024

Eastern Va. Year-in-Review: Striking a balance

Economic development directors often try to balance diversifying their community’s industries while playing to regional strengths. Sean Washington, Norfolk’s economic development director, believes his city found that balance in 2023. Norfolk has found growth around alternative energy, with Lambert’s Point being developed [...]

Feb 28, 2024

Philanthropy: Accelerating advances

Over the past year, Virginia philanthropists continued to support medical research and higher education, with several demonstrating their commitment through subsequent donations. Northern Virginia philanthropists Dwight and Martha Schar carried on their longtime support of Falls Church- based Inova Health System, providing a $75[...]

Feb 28, 2024

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, […]

Feb 28, 2024

Economic Development: Keep on keeping on

In 2023, Virginia racked up another year of economic development wins in the manufacturing sector. Meanwhile, Gov. Glenn Youngkin continued his push toward producing more shovel-ready industrial sites in the state, one of his key priorities since taking office in January 2022. In November 2023, the U.S. Department of Energy anno[...]

Feb 28, 2024

A sampling of Virginia’s major road projects

HAMPTON ROADS Hampton Roads Bridge-Tunnel Expansion Project Work continues on Virginia’s largest high- way construction project, the $3.9 billion Hampton Roads Bridge-Tunnel (HRBT) expansion. The project will widen the four-lane segments of the 9.9-mile Interstate 64 corridor between Norfolk and Hampton to six lanes on land an[...]

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