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Economic Development

Floating narrow-leaved spatterdock (Nuphar sagittifolia) and emergent common spatterdock (Nuphar advena) on the channel edge of a fresh tidal marsh at Big Marsh Point, along the Chickahominy River in James City County Photo by Gary Fleming, Virginia Department of Conservation and Recreation
Apr 28, 2022

Ways of the water

Back in 2016, Virginia Coastal Zone Management program planners began talking about ways to protect the Lower Chickahominy River watershed. “We’re like, ‘Well, let’s get ahead of this,’” says Jefferson Flood, an appropriately named coastal planner for the CZM, a network of individuals from Virginia agencies and local[...]

Amazon.com Inc.’s Suffolk fulfillment center will be the largest industrial building in the state when it opens this year. Photo courtesy Amazon.com Inc.
Apr 28, 2022

Amazon be nimble, Amazon be quick

When it comes to building warehouses and distribution centers, one company has sought out Virginia over and over again: Amazon.com Inc. The e-commerce giant began opening facilities in Virginia in 2006 and since then has opened more than 30 facilities in the commonwealth, with more on the way as it seeks to shrink the time [&hel[...]

Apr 28, 2022

Reinvent Hampton Roads names new president and CEO

The first president and CEO of Reinvent Hampton Roads, Jim Spore, will retire June 15, the regional economic development organization announced Thursday. Nancy L. Grden, executive director of the Hampton Roads Maritime Collaborative for Growth & Innovation (HRMC) and associate vice president of Old Dominion University’[...]

Apr 25, 2022

Caesars Virginia names Danville casino contractor

Caesars Virginia has named Baltimore-based Whiting-Turner as the general contractor to build its $500 million resort and casino in Danville, Caesars Entertainment announced Monday. The resort will have a 500-guestroom hotel, a casino with more than 1,400 slot machines and table games, a Caesars sportsbook and a World Series of P[...]

Apr 21, 2022

Fifth District economy growth is moderate, Fed says

The Federal Reserve’s Fifth District (including Virginia, North Carolina, South Carolina, West Virginia and Maryland) continued to grow moderately despite supply chain issues, labor shortages and rising prices, according to the latest edition of the Federal Reserve’s Beige Book, released Wednesday. The Beige Book is publish[...]

Apr 21, 2022

Richmond tech company to add 30+ jobs

Shockoe, a Richmond-based technology company that builds apps and other tech products for client companies, will expand to create more than 30 jobs, Richmond’s mayor announced Thursday. Headquartered in the Scott’s Addition neighborhood, Shockoe was founded in 2010 by Edwin Huertas and has been featured in the Inc. 5000 list of fastest-growing privately held companies, […]

Apr 13, 2022

Frederick County insulation facility add-on to create 37 jobs

Atlanta-based Kingspan Insulation LLC will invest $27 million to expand its Frederick County operations, a project expected to create 37 jobs, Gov. Glenn Youngkin announced Wednesday. Kingspan Insulation is a division of Kingspan Group that manufactures energy efficiency and moisture management products for residential and comme[...]

Apr 11, 2022

DNA lab capacity expansion to bring 70 more jobs to Fairfax

Lorton-based forensic DNA testing company Bode Technology will invest $2 million to expand its DNA testing lab capacity in Fairfax County, a project expected to create more than 70 jobs, Gov. Glenn Youngkin announced Monday. The company will reconfigure about 5,000 square feet of its lab and add laboratory benches and robotics t[...]

Apr 7, 2022

Military contractor to add hundreds of jobs in Norfolk

Fairfax-based military contractor WR Systems will expand its Norfolk campus, Norfolk Mayor Kenneth Cooper Alexander announced at the city’s annual State of the City address on Thursday. The Norfolk campus currently houses more than 320 employees and will add several hundred jobs, Alexander said. “In making the decisi[...]

Apr 5, 2022

Prince William chamber leader announces retirement

Prince William Chamber of Commerce President and CEO Debbie Jones will retire at the end of the year, the organization announced Monday. Jones has served in the position since July 2014 after joining the chamber in 2010 to serve as its chief operating officer. She previously served 17 years as the president and CEO of […]

JB Holston. Photo courtesy The Greater Washington Partnership
Mar 31, 2022

Greater Washington Partnership CEO steps down

Greater Washington Partnership CEO JB Holston has left the organization he has led since September 2020. Holston’s last day was Thursday, Nina Sharma, a partnership spokesperson confirmed to Virginia Business. It comes one day after the alliance of business and community leaders from Baltimore through Richmond announced a [...]

Trex Co. Inc. is building its new headquarters in Winchester. Rendering courtesy Trex Co. Inc.
Mar 30, 2022

Trex starts HQ move to Winchester

Composite decking and railing manufacturer Trex Co. Inc. broke ground in January on its new $7 million global headquarters in Winchester. The 64,000-square-foot office facility will be located on 8 acres along Crossover Boulevard near Interstate 81. The company’s corporate offices are currently located on Exeter Drive in Frede[...]

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