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Industries

Apr 30, 2021

Two Virginia companies make 2021 LinkedIn Top Companies list

Virginia-based Fortune 500 companies Northrop Grumman Corp. and Capital One Financial Corp. are among the 50 best workplaces to grow your career, according to LinkedIn’s Top Companies List, released this week. Falls Church-based Northrop Grumman, which ranks No. 32 on the LinkedIn Top Companies list, was cited for a variety of mentorship programs for women. […]

Apr 30, 2021

Fairfax County tech company adding 162 jobs

A fast-growing technology solutions company will invest $1.75 million to expand in Fairfax County, creating 162 jobs, Virginia Gov. Ralph Northam announced today. The company, Ridgeline International Inc., offers technology solutions for the federal government, commercial and nonprofit sectors. It said the expansion aims to increase its ability to provide security solutions. Founded in 2015, […][...]

Apr 30, 2021

Q1 sees stronger industrial, mixed office space demand

Cushman & Wakefield | Thalhimer has released Q1 highlights in commercial real estate for several Virginia regions, including Roanoke, Fredericksburg, Hampton Roads, Richmond and Charlottesville. Here are some of the regions’ “fast facts” for the first quarter of 2021: Roanoke’s unemployment rate reached 5.1%, an increase from the fourth quarter but still below the national […][...]

Glen Allen-based residential real estate developer HHHunt Corp.’s Wescott community in Midlothian is just one example of a recent boom in suburban residential construction. Photo by Matthew R.O. Brown
Apr 29, 2021

Moving out

More than a year after the pandemic began, signs point to people moving away from densely populated city centers, says Anirban Basu, chief economist for Associated Builders and Contractors, an industry trade association based in Washington, D.C. The construction industry has taken note. Basu predicts: “This decade will be abou[...]

Like other health systems, Bon Secours significantly increased its investment in telehealth services during the pandemic. Photo courtesy Bon Secours Health System
Apr 29, 2021

‘An awakening’

The headaches of getting to a doctor’s appointment in traffic on Northern Virginia roads drove the Virginia Pediatric Group to invest in telehealth capabilities years before anyone had heard of COVID-19. “I felt it was a way to improve access and to conduct follow-up visits with adolescents who were busy with after-school ac[...]

Apr 29, 2021

Northam partly rolls back Va. mask mandate

Virginians will still need to wear masks indoors and at large, crowded events outside, but Gov. Ralph Northam amended his executive order Thursday to allow fully vaccinated people — meaning those who received their final COVID-19 vaccine dose at least two weeks earlier — to remove their masks outdoors in small gatherings, fo[...]

Apr 29, 2021

VW named to Time magazine’s 100 Most Influential Companies list

Volkswagen Group, with its North American operations based in Herndon, was named this week to Time magazine’s inaugural 100 Most Influential Companies list, receiving accolades for its move into electric automobiles. The German automotive corporation has set aside $54 billion for electrified vehicles over the next five years, with plans for six new battery factories and […]

Apr 29, 2021

Modine expands Va. footprint, will invest $7M in Rockbridge County

Modine Manufacturing Co. will invest $7 million to convert its Rockbridge County warehouse into a manufacturing plant that will produce data center cooling solutions, creating 60 jobs, Gov. Ralph Northam announced Thursday. Headquartered in Wisconsin, Modine specializes in building thermal management systems and components and saw $2 billion in revenue last year. Modine has had […]

Apr 29, 2021

Commonwealth Cyber Initiative funds $1M for student cybersecurity projects

The Commonwealth Cyber Initiative has allocated $1 million toward experiential cybersecurity projects for students at universities across the state, the organization announced Thursday. The seven projects involve student researchers from George Mason University, Longwood University, Marymount University, Old Dominion University, Radford University, the University of Virginia, Virginia Tech and William & Mary. “By building experien[...]

Apr 29, 2021

Hampton Roads multifamily portfolio sells for undisclosed amount

In early April, New Jersey-based Brentwood Investment Group and Greencove Capital Group closed a deal to acquire a multifamily portfolio that includes 856-units for an undisclosed amount. The deal included five garden-style multifamily communities in Hampton and one property in Poquoson. Built between 1970 and 1985, the properties have an average unit size of 921 […]

Apr 29, 2021

Va. new jobless claims up 171%

For the April 19-24 filing week, 37,356 Virginians submitted initial unemployment claims, a 171.6% increase from the previous week, but a 48.4% decrease from this time a year ago, when jobless claims were near a peak during the COVID-19 pandemic. The Virginia Employment Commission reports that last week’s number of initial[...]

Apr 29, 2021

UVA Health taps chief ambulatory operations officer

UVA Health has named John C. Bennett its new chief ambulatory operations officer, overseeing all UVA Health clinical outpatient operations effective July 1. Bennett comes from PeaceHealth, a nonprofit health care system with facilities in Alaska, Oregon and Washington, where he was chief executive of ambulatory services. “UVA [...]

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