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Oct 14, 2024

Bon Secours Hampton Roads Foundation promotes new president

The Bon Secours Mercy Health Foundation, which coordinates charitable giving for all hospitals, facilities, programs and services operated by Bon Secours Mercy Health, has named Carrie Miller president of its Bon Secours Hampton Roads Foundation, the health care system announced Monday. Previously, Miller worked for close to a [...]

A man wearing a blazer.
Oct 14, 2024

Appian taps new chief revenue officer

Mark Dorsey is Appian’s new chief revenue officer, the McLean cloud computing and software company announced Oct. 11. He replaces Christopher Jones, who left in April to become chief revenue officer for New Relic, a software developer based in San Francisco. Dorsey, who has a MBA from the Carroll School of Management at Bo[...]

Bassett Furniture is a furniture manufacturer and retailer based in Henry County.
Oct 14, 2024

Bassett reports Q3 loss, with performance hurt by cyberattack

Bassett Furniture reported $75.6 million in consolidated third quarter sales, a 13.3% decline from last year and a 9% drop from last quarter. It also recorded an operating loss of $6.4 million, its fifth consecutive loss. The overall loss included a $1.2 million loss on a logistical services contract the company chose to abandon[...]

Oct 11, 2024

Marble Systems to build facility in Caroline County

A Fairfax County-based stone products manufacturer and distributor, Marble Systems, will invest $9.7 million on a warehouse and distribution center in Caroline County, creating an estimated 59 jobs, Gov. Glenn Youngkin announced Friday. Virginia competed with South Carolina, New Jersey and Georgia for the project, which will also include cut stone and stone product manufacturing […]

Oct 11, 2024

Currie Medical to expand in Norfolk

Currie Medical, a medical device manufacturer, plans to invest $1.22 million to expand its operations in Norfolk, creating an estimated 60 jobs, the governor’s office announced Friday. Based in Franklin, Tennessee, Currie Medical will lease a 30,000-square-foot building at 3701 E. Virginia Beach Blvd. in Norfolk, where it will house its medical device reprocessing operation […]

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Oct 11, 2024

Yagen makes $100M donation to Military Aviation Museum

Gerald “Jerry” Yagen, founder of the Aviation Institute of Maintenance and Centura College, has made a $100 million gift to Virginia Beach‘s Military Aviation Museum, including his private collection of 70 vintage military aircraft, the museum announced last week. In the 1990s, Yagen began collecting aircraft f[...]

International Longshoremen's Association workers picket at the Port of Virginia's terminals on Oct. 1, 2024. Photo by Mark Rhodes
Oct 3, 2024

Ports strike is suspended as tentative agreement reached

On day three of a massive dockworkers’ strike that was resulting in runs at supermarkets on consumer goods like toilet paper, the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) announced a tentative agreement had been reached and work would resume in ports from Maine to [...]

International Longshoremen’s Association (ILA) President Harold J. Daggett joined dockworkers on strike outside the gates at Maher Terminal in Port Elizabeth, New Jersey, on Oct. 2. Photo courtesy International Longshoremen’s Association
Oct 2, 2024

As dockworkers strike continues, experts weigh potential supply chain impacts

The situation remains at a stalemate following the first day of a historic strike by the International Longshoremen’s Association (ILA) at ports from Maine to Texas. Thousands of ILA members joined the picket line as a midnight deadline passed Monday evening — with no deal reached between ILA and the United States Mariti[...]

A man in a suit stands in front of a ship.
Jul 23, 2024

Virginia saw 15,000 jobs created in June

Virginia reported 15,000 jobs created in June, Gov. Glenn Youngkin announced Friday. Overall, the commonwealth has seen 258,000 jobs created since January 2022, according to the news release from the governor’s office. “The jobs report is yet another good sign about the resiliency of the Virginia economy,” Bob McNab, a[...]

Moving in
Jul 3, 2024

Hitachi Energy plans $26M expansion in Halifax County

Hitachi Energy plans to invest $26 million into expanding its South Boston facility, that manufactures transformers, a move expected to create about 100 jobs, according to a news release the company shared with a few stakeholders in the Southern Virginia region in June.  In April, Hitachi announced plans to invest over $1.5 bil[...]

VF Corp. to create 82 jobs in Henry County
May 22, 2024

Global apparel company VF to leave Martinsville in 2025

VF Corp., a Denver-based global apparel and footwear company with brands including Vans, The North Face, Timberland and Dickies, plans to close its distribution center in Martinsville in March 2025, the company confirmed Wednesday. “As part of VF’s Reinvent strategy, we have evaluated how we are shipping products to best[...]

July 2023 Virginia Business cover
May 5, 2024

Virginia Business wins 16 Va. Press Association awards

Virginia Business won 16 awards in the Virginia Press Association’s 2023 News & Advertising Contest, the state organization announced Saturday. The annual contest recognizes excellence in design, writing, photography, illustrations and advertising in participating publications across Virginia for the previous calendar [...]

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