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Hitachi Energy to invest $457M in Virginia expansion
Hitachi Energy announced Thursday it will invest $1 billion to expand its U.S. grid infrastructure manufacturing, with roughly half of that investment going into Virginia, where it plans to add 825 jobs. The electrical equipment manufacturer will invest $457 million to build the nation’s largest manufacturing site for larg[...]
TowneBank completes $203M acquisition of Old Point
TowneBank has closed its $203 million acquisition of Hampton-based Old Point National Bank of Phoebus and its parent company.
GMU board says it wants to negotiate with DOE
George Mason University wishes to negotiate with the U.S. Department of Education over its finding that GMU violated civil rights law.
Alum donates $16M to Virginia Tech
Virginia Tech has received a $16 million commitment from alumnus David Kellogg to support the university’s PPE program.
BigBear.ai grabs naming rights to Commanders training facility
BigBear.ai has partnered with the Washington Commanders football team and secured the rights to name the team's training facility in Ashburn.
GMU president’s lawyer calls DOE findings ‘legal fiction’
George Mason University President Gregory Washington's attorney advised that Washington should not apologize.
Virginia aims to boost university startups
Virginia's Lab-to-Launch aims to double university startup spinoffs with a fast-track license and stronger private sector collaboration.
BWXT launches subsidiary to deliver commercial nuclear fuel
BWXT launches a subsidiary, BWXT Advanced Fuels, to commercialize advanced nuclear fuel
Virginia Wesleyan University to be renamed Batten University
Next year, Virginia Wesleyan University will officially change its name to Batten University, honoring local philanthropist Jane Batten.
Virginia Chamber appoints interim CEO
The Virginia Chamber of Commerce Board of Directors announced that it has appointed former chamber executive Keith Martin as interim CEO.
Retired Marine Corps Lt. Gen. named VMI superintendent
Retired Lt. Gen. David Furness, VMI Class of ’87, appointed superintendent, succeeding Cedric Wins, the institute's first Black superintendent
Newport News reveals plans for $400M Navy housing project
Newport News plans to begin work next year on a more than 930,000-square-foot Navy housing development downtown.
