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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 […]
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 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 F[...]
AeroFarms plants roots in Cane Creek Centre
AeroFarms won’t harvest the first crops at its new Cane Creek Centre facility until summer, but the company is already expanding. In December 2019, the Newark, New Jersey-based indoor agriculture company announced it would invest $42 million and create 92 jobs in the 136,000-square-foot facility building in the industrial [...]
Italian olive oil company to open first U.S. facility in Newport News
Certified Origins, an Italian producer of extra virgin olive oil, will invest $25 million to establish its first U.S. production facility in Newport News, Gov. Glenn Youngkin announced in a news release Wednesday. The move is expected to produce 30 jobs. The company’s operations in the city’s Oakland Industrial Park [...]
Bermuda insurer to establish U.S. HQ in Henrico
Bermuda-based Hamilton Insurance Group Ltd. will invest at least $415,000 to establish the U.S. headquarters of its subsidiary in Henrico County, a project estimated to create more than 70 jobs, Gov. Glenn Youngkin announced Friday. Hamilton’s wholly owned subsidiary, Hamilton Select Insurance Inc., is a commercial insurer[...]
Perdue AgriBusiness plans $59M Chesapeake expansion
Perdue AgriBusiness will invest $59.1 million and expand operations in the city of Chesapeake, Gov. Glenn Youngkin’s office announced Thursday. The company, an affiliate of Perdue Farms Inc., will modernize facilities and increase production of high protein soybean meal, soybean oil and hulls. The expansion will position P[...]
Report: Va. data center projects totaled $6.8B in 2021
Data centers are a primary driver of economic growth in Virginia, comprising $6.8 billion or 62% of all major economic investments announced last year by the Virginia Economic Development Partnership, according to a new report released Thursday by the Northern Virginia Technology Council (NVTC). While the total for 2021 represen[...]
Richmond pares down Diamond District developer pool
Story updated, March 24 at 11:45 a.m. The city of Richmond announced Wednesday that six competing development teams have been chosen out of 15 applicants to continue in the competition to redevelop the Diamond District area near the Richmond Flying Squirrels’ stadium. The city requested applications late last year for the [...]
Cameron Foundation president to retire
The Cameron Foundation’s president, J. Todd Graham, will retire Dec. 31, the Petersburg foundation announced Monday. Graham has served as the foundation’s president since fall 2012. Under his leadership, the foundation has supported projects that have established school-based health clinics in Petersburg and Hopewell[...]
Jason El Koubi named VEDP’s permanent president, CEO
Jason El Koubi will stay on as the permanent president and CEO of the Virginia Economic Development Partnership, the state economic development authority announced Friday. El Koubi was named interim president and CEO at the beginning of the year after Stephen Moret left the organization to become president and CEO of Indianapo[...]
Salem names new economic development director
Salem’s new economic development director, Tommy Miller, says he has “the entrepreneurial gene,” a trait that should come in handy with his new role. Miller established Richmond Brewery Tours, a venture he ran from 2012 through 2020 to highlight the burgeoning craft beer industry. “Any entrepreneurial venture[...]
