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Industries

Mar 2, 2022

Leidos names new chief HR officer

Leidos has named Maureen Waterston as its new chief human resources officer, the Reston-based Fortune 500 federal contractor announced Tuesday. Waterston most recently served in the same position at Pratt & Whitney, a Connecticut-based subsidiary of Raytheon Technologies. At Leidos, Waterston will be responsible for implemen[...]

Mar 1, 2022

Fresh Market property in Chesterfield sells for $6.9M

The Fresh Market grocery store property in Chesterfield County near Midlothian has sold for $6.9 million, Colliers announced Monday. The 31,394-square-foot property was acquired from the California-based seller, 1200 Huguenot Road LLC, by California-based 101 North A ST LLC. It is located at the intersection of Midlothian Turnpi[...]

Like other health systems, VCU Health paused elective medical procedures in January in response to rising COVID caseloads. Photo courtesy VCU University Relations
Feb 27, 2022

Code red

Although many business sectors focused on moving on from the COVID-19 pandemic once vaccines became broadly available in 2021, Virginia’s health care industry has remained heavily burdened by continuing caseload surges and extreme staffing shortages. In September 2021, Gov. Ralph Northam voiced frustration at a news conference[...]

In March 2021, General Dynamics was awarded a $2.4 billion contract option to build a 10th Virginia-class submarine in collaboration with Newport News Shipbuilding. Photo by Ashley Cowan/Newport News Shipbuilding
Feb 27, 2022

Thinking big

At Virginia’s largest publicly traded companies, the past year has been a constant exercise in challenging the status quo. Some major changes could be seen at the consumer level, as Dollar Tree Inc. raised its namesake base price point to $1.25, and Capital One Financial Corp. eliminated overdraft fees for its banking customer[...]

Feb 27, 2022

Chambers of commerce

STATEWIDE Asian American Chamber of Commerce Tysons (571) 633-9754 asian-americanchamber.org Virginia Asian Chamber of Commerce Ashland (804) 344-1540 aabac.org Virginia Chamber of Commerce Richmond (804) 644-1607 vachamber.com Virginia Hispanic Chamber North Chesterfield (804) 378-4099 vahcc.com CENTRAL VIRGINIA Altavista Area Chamber of Commerce Altavista (434) 369-6665 altavistachamber.com Amelia County  Chamber of Commerce Amelia ([...]

Charlottesville-based Virginia National Bank merged with The Fauquier Bank in Warrenton in April 2021. Photo by Caroline Martin
Feb 27, 2022

Stronger together

Bank acquisitions and mergers, particularly among Virginia’s community banks, continued apace in 2021. Banks sought scale for efficiency and flexibility, as well as to acquire resources in anticipation of potential new government regulation. “The recurring theme in bank mergers is scale,” Bruce Whitehurst, president and CE[...]

In anticipation of a 2-mile extension of U.S. Route 460/121 to begin later this year, VDOT has begun construction on a stretch of the highway near Route 604 in Buchanan County. Photo courtesy Virginia Department of Transportation
Feb 27, 2022

A sampling of Virginia’s major road projects

HAMPTON ROADS Hampton Roads Bridge-Tunnel Expansion Project Construction on the $3.8 billion Hampton Roads Bridge-Tunnel (HRBT) expansion — the largest highway construction project in Virginia’s history — began in October 2020. The project will widen the four-lane segments of the 9.9-mile Interstate 64 corridor in Norfolk [...]

Siemens Gamesa Renewable Energy S.A. is building the nation’s first offshore-wind blade factory in Portsmouth. Photo courtesy Siemens Gamesa
Feb 27, 2022

Tilting toward windmills

Siemens Gamesa Renewable Energy S.A.’s October 2021 announcement that it will build the nation’s first offshore-wind blade factory at Portsmouth Marine Terminal has put Hampton Roads on a trajectory to become a supply chain hub for the country’s nascent offshore wind energy industry. The Spanish wind turbine company is inv[...]

Internet service provider EarthLink is building a $5.4 million customer support center in Norton, creating 285 jobs. Photo by Earl Niekirk
Feb 27, 2022

Finding new solutions

Movers and shakers in Southwest Virginia wanted to try a new approach to economic development. The stakes were (and are) high. Naturally, the decline of the coal industry had a devastating impact on Virginia’s coalfields. The Appalachian Regional Commission classifies four counties in Southwest Virginia — Buchanan, Dickenson[...]

Savan Group LLC President and CEO Veeral Majmudar was able to get a steep discount on a significantly larger office in Tysons via sublease. Photo by Will Schermerhorn
Feb 27, 2022

Kicking the can

In April 2020, Savan Group LLC, a federal contractor specializing in digital transformation, information technology and management consulting, gave up its 10,500-square-foot office space in Tysons. Like many other companies, Savan Group shifted to remote work due to the COVID-19 pandemic, but by summer 2021, company President an[...]

“VMI is no stranger to change over the years, but in each and every instance, the changes have made us better,” says retired Army Maj. Gen. Cedric Wins, a VMI alum who was named the college’s first Black superintendent in April 2021. Photo courtesy Virginia Military Institute
Feb 27, 2022

On the line

“VMI is at a crossroads. As the world around VMI changes, the Institute must evolve or risk becoming irrelevant.”  — One Corps – One VMI: A Unifying Action Plan From a distance, Virginia Military Institute seems timeless, unchanging. The rhythmic marching of the long lines of cadets, the stark outline of the barracks ag[...]

George Mason University plans to open its Institute for Digital InnovAtion and School of Computing in 2025. Rendering courtesy George Mason University
Feb 27, 2022

Real world learning

In 2021, colleges and universities got back to semi-normal, holding more classes in person and hosting sporting events and commencement ceremonies. Many institutions required students, faculty and other employees to be vaccinated against COVID-19 last fall, and some schools also mandated booster shots. In Hampton Roads, three in[...]

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