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Industries

Jul 24, 2024

Batten donates $100M to expand W&M marine, coastal research

Jane Batten, the matriarch of a Hampton Roads family known for its philanthropy, has pledged $100 million to William & Mary to boost coastal and marine science research towards finding global solutions for flooding and sea-level rise, the Williamsburg university announced Wednesday. The newly named Batten School of Coastal &[...]

A man wearing a blue blazer smiles at the camera.
Jul 23, 2024

Accenture Federal taps next CEO, as Goodman steps down

Starting Sept. 1, Ron Ash will take the wheel as CEO at Arlington County’s Accenture Federal Services, the federal contractor offering IT services announced Tuesday. He will also become chair of AFS’ board of managers.  Ash will succeed John Goodman, who is stepping down as CEO and chair at the end of August and will [&hell[...]

Aerial view of property noting U.S. 29 and a building site.
Jul 19, 2024

Campbell County moves forward on spec industrial building

Campbell County is moving forward with plans to build a $11 million, 100,000-square-foot spec industrial building at Seneca Commerce Park in Rustburg, the county announced on Tuesday. It’s the largest project the county’s economic development department has tackled in a decade, according to a news release. The work will incl[...]

June market statistics in Northern Virginia. Image courtesy Northern Virginia Association of Realtors
Jul 19, 2024

NoVa, Hampton Roads home sales fall in June

Home sales in Northern Virginia and Hampton Roads dropped year-over-year in June, as homes stayed on the market longer and median sales prices rose. Northern Virginia June home sales in Northern Virginia fell 13.8% from June 2023 and 12.2% from May, according to data released July 11 by the Northern Virginia Association of Realt[...]

QTS Data Centers has purchased all of the White Oak Technology Park II property in Henrico. Rendering of a potential data center at the site courtesy Hourigan
Jul 19, 2024

QTS finishes $137M purchase of rezoned Henrico tech park land

QTS Data Centers has secured ownership of all 622 acres of the recently rezoned site for the White Oak Technology Park II project in Henrico County’s Sandston area for approximately $137 million. On June 28, a limited liability company belonging to QTS bought the remaining portion of the site that it hadn’t yet acquired — [...]

Virginia officials and AMPAC Fine Chemicals executives held a shovel ceremony May 4 in Petersburg to celebrate an expansion of AFC’s site. Photo courtesy SK Global Development Group
Jul 17, 2024

Reports: Novo Nordisk in talks to buy Petersburg Ampac plant

Two South Korean media outlets have reported that the South Korean owner of Ampac Fine Chemicals may sell its manufacturing plant in Petersburg to Novo Nordisk, the Danish global pharmaceutical company. Sources told The Korea Economic Daily that the Seoul-based manufacturing conglomerate SK Group, which purchased Ampac in 2018 f[...]

Jul 17, 2024

Framatome Inc. taps new CEO and president

Starting Aug. 8, Anthony “Tony” Robinson will take over as the next CEO and president of Framatome Inc., the North American subsidiary of the French nuclear equipment, services and fuel producer. A former executive for Framatome and BWX Technologies, Robinson replaces Katherine Williams, who retired after 20 years wo[...]

A man in a blazer stands beside a woman wearing a leather jacket.
Jul 17, 2024

Carilion Clinic CEO Agee announces retirement

After more than a decade at the helm of Carilion Clinic, Nancy Howell Agee plans to retire at the end of September, the health system announced Wednesday. Steve Arner, who was promoted to president in May 2023, will replace her as Carilion’s top executive, effective Oct. 1. Agee was born at Roanoke Memorial and later [&hel[...]

Jul 16, 2024

Inova Fairfax Hospital ranks No. 1 in Va. for fourth year

For the fourth consecutive year, Inova Fairfax Hospital in Falls Church has taken the No. 1 spot in Virginia on the U.S. News and World Report’s annual list of the best hospitals in the nation, released Tuesday.  The Inova Health System hospital also ranked first in the Washington, D.C., metro area for the fourth straight [&h[...]

Aerial map of Fort Darling Road
Jul 15, 2024

Chesterfield County facility sells for $9.3M

An entity associated with Barefoot Spas, a hot tub and swim spa manufacturer, sold a five-acre property in Chesterfield County to an entity associated with Maguire Hayden Real Estate Company, a Pennsylvania commercial real estate investment firm, on July 1 for $9.3 million, Cushman & Wakefield | Thalhimer Capital Markets Gro[...]

Photo of four-story building
Jul 12, 2024

Owens & Minor leases new HQ in Henrico

Henrico County is getting a fifth Fortune 500 company. Global health care logistics and supply company Owens & Minor is moving from Hanover County to a new headquarters in Henrico’s Innsbrook Corporate Center.  The company is leasing the fourth floor of the Highwoods One building at 10900 Nuckols Road, according to Will B[...]

Rendering of an aerial view of two warehouses
Jul 12, 2024

Construction begins on Hampton Logistics Center

New York’s Turnbridge Equities and Maryland’s Manekin, both real estate development and investment firms, have begun construction on two Class A industrial warehouse buildings in Hampton off Interstate 64, located less than 20 minutes from the Port of Virginia, according to an announcement this week. The two companies, w[...]

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