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Reagan National’s $660M expansion nearly ready for takeoff
The journey is nearing its end at Ronald Reagan Washington National Airport, which started work in 2017 on a new concourse and two additional security checkpoints. Known collectively as “Project Journey,” the nearly $660 million expansion is expected to be finished by the third quarter of 2021. Overseen by the Metropolitan W[...]
Amid pandemic, Floyd holds on to musical roots
The town of Floyd has long been known for its musical offerings, particularly Friday night jamborees at the Floyd Country Store and the annual world folk music-focused FloydFest. So, what happens when public events are called off by the coronavirus pandemic? Dylan Locke, co-owner of the Floyd Country Store, has hosted online str[...]
Walking around
Back in 1982, Tom Peters and Robert Waterman Jr. co-authored a business book titled, “In Search of Excellence: Lessons from America’s Best-Run Companies.” Among many topics popularized by this bestseller was a concept called “management by walking around.” This wasn’t an entirely new idea. It was practiced in the 197[...]
Virginia Tech’s proof-of-concept grants
It’s about gaps. Gaps between the uncertainties that exist and the uncertainties investors are willing to accept. Gaps between a working prototype and a mass-produced model. Gaps between what researchers produce and what the market wants to buy. Virginia tech’s proof-of-concept (POC) grants aim to help university researchers[...]
2020 Virginia CFO Awards
Paul Annunziata Chartway Federal Credit UnionDoris Batiste Jefferson Home Builders Inc. / Culpeper Wood Preservers / JHB Rental Properties and Storage Mark Baumgartner Pender & Coward PC Jay Bernas Hampton Roads Sanitation District Denise Bowles Olde Towne Medical & Dental Center Julie Brown Farmington Country Club William L. “Lew” Bryant J. E. Liesfeld Contractor Inc. […]
November 2020 – For The Record
Eastern Virginia The offshore wind industry could create up to 5,200 jobs in Virginia (with a majority in Hampton Roads), generating an estimated $740 million in total economic activity during the next several years, according to an economic impact analysis released in late September by the Hampton Roads Alliance. Dominion Energy Inc. recently completed installation […]
Downtown Buena Vista buildings go to auction
Updated Oct. 29 Some things just don’t work out as planned, but that doesn’t mean it’s the end. Roanoke developer Ed Walker purchased 16 properties in downtown Buena Vista for $1.3 million during 2017 and 2018, with a plan to revitalize the small city nestled in the Blue Ridge Mountains just southeast of Lexington. Walker [...]
The Results of the Virginia Society of CPAs’ 2021 Virginia Economic Expectations Survey
To download the results as a PDF click here Related Articles We asked five certified public accountants for their take on the state of their regions. This is what they had to say. Answers have been edited for length and clarity. The Results of the Virginia Society of CPAs’ 2021 Virginia Economic Expectations [&he[...]
Stars in their eyes
When 19th-century movers and shakers picked sleepy Roanoke as the site of the crossroads linking the Shenandoah Valley and Norfolk & Western railroads, the town grew with such force and speed that it earned the now-obscure nickname “Magic City.” Over the decades that followed, thousands of Roanokers toiled for the N&[...]
Viva Virginia
Danville once stood tall as a driver of Virginia’s economy, an epicenter both for textile production at Dan River Mills and for tobacco when it was still the commonwealth’s golden leaf. Both industries came crashing down in the 2000s. A rising tide of public sentiment led to tobacco’s decline, and the federal quota system [...]
Lexington sheds some Confederate monikers
Lexington memorializes Confederate Gens. Thomas Jonathan “Stonewall” Jackson and Robert E. Lee so much, Lee’s final resting place in the city was described as “a kind of Confederate Graceland” in a 2009 Washington Post travel story. Lexington’s image changed some this summer, however. While Virginia Military Institut[...]
Change in the air
After almost a decade of planning, Dominion Energy Inc. will begin harnessing offshore wind power this fall as two massive test turbines go into operation off the coast of Virginia Beach. Standing about 600 feet tall, the 12-megawatt turbines are the cornerstone of Dominion’s Coastal Virginia Offshore Wind (CVOW) pilot project[...]
