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Ports/Trade

Jan 21, 2020

Here’s the tea: Traditional Medicinals to invest $29.7M in Franklin County

Rohnert Park, California-based wellness tea company Traditional Medicinals Inc. will invest $29.7 million to establish its East Coast operation, an herbal tea manufacturing and processing plant, in Franklin County’s Summit View Business Park, creating 56 jobs, Gov. Ralph Northam announced Tuesday. The company will build a 125,000-square-foot facility for production of its organic and herbal […][...]

Deep-water terminal sold for $8.15 million
Dec 19, 2019

Deep-water terminal sold for $8.15 million

A 55-acre deep-water terminal in Chesapeake has been sold to Norfolk-based Ruth Industrial LLC for $8.15 million, Cushman & Wakefield | Thalhimer announced this week. The property at 700 Rosemont Ave. includes about 60,000 square feet of industrial space and a 400-foot concrete pier. The seller is OEP Rosemont LLC, based in [...]

Dec 2, 2019

Port of Virginia begins $350M dredging project

The dredging project to make Virginia the East Coast’s deepest port has begun nearly two-and-a-half years earlier than expected, The Port of Virginia announced Monday. Dredging work started Dec. 2 to deepen the western side of Thimble Shoal Channel to 56 feet for commercial channels. After the dredging, the Norfolk Harbor will be able to […]

Nov 15, 2019

Virginia trade delegation visiting Israel and United Arab Emirates

Nearly 30 meetings planned during stops in Tel Aviv, Jerusalem and Dubai.

Nov 13, 2019

Northam unveils Virginia trade plan

It aims to boost exports 50% by 2035.

Oct 15, 2019

Consumer goods supplier relocating warehouse operations to Virginia Beach

Colorado-based SRP Companies investing $1.16 million

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Sep 3, 2019

Casting a wider net

An expanding Port of Virginia considers new revenue opportunities

Port of Virginia completes $320 mil expansion
Jul 23, 2019

Port of Virginia completes $320 mil expansion

Virginia International Gateway in Portsmouth now has largest cranes on the East Coast.

Portsmouth terminal capacity doubles at Port of Virginia
Feb 20, 2019

Portsmouth terminal capacity doubles at Port of Virginia

Container stacks at Virginia International Gateway now in service.

Feb 12, 2019

Port of Virginia sees cargo increase in January

Turn times for motor carriers decrease.

Port of Virginia numbers hold steady in 2018
Jan 15, 2019

Port of Virginia numbers hold steady in 2018

Inland ports see big growth.

Richmond-area data center now tied into subsea cables in Virginia Beach
Oct 24, 2018

Richmond-area data center now tied into subsea cables in Virginia Beach

The facility brings connectivity up to Ashburn.

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