Sign In
Free Newsletter
Rising in the Southwest
Through decades of owning her own beauty salon and later a gift shop in downtown Abingdon, Cathy Lowe developed an interest in economic development. In 2006, she decided to run for town council and won — ultimately serving for 12 years, including six as vice mayor and two as mayor. Throughout her career, Lowe, who […]
Embedded finance
Several years ago, Blue Ridge Bank President and CEO Brian Plum began to notice a movement across the broader economy. “We live in a world where data has value,” Plum says. “It only made sense that over time, [as] you would see more sellers or other service providers that have built out platforms to try […]
AeroFarms plants roots in Cane Creek Centre
AeroFarms won’t harvest the first crops at its new Cane Creek Centre facility until summer, but the company is already expanding. In December 2019, the Newark, New Jersey-based indoor agriculture company announced it would invest $42 million and create 92 jobs in the 136,000-square-foot facility building in the industrial park[...]
Hitting a brick wall
Casey Renner has worked in four states over the course of her teaching career, and she’s never liked a school more than Arlington County’s Wakefield High School, where she teaches science and special education. But she has also never had as much difficulty finding housing near work as she has during her 17 years teaching [&h[...]
April 2022 top five
The top trending major business stories on VirginiaBusiness.com from Feb. 15 to March 14 were led by news that Washington Commanders owner Dan Snyder bought Virginia’s most costly home, once part of George Washington’s Mount Vernon. 1 | Dan Snyder owns Virginia’s most expensive house The owner of the Ashburn-based Wash[...]
SW community colleges to create wind manufacturing workforce
The presidents of four community colleges in Southwest Virginia signed a memorandum of understanding Wednesday to establish a wind manufacturing workforce development partnership. “Today’s MOU signing is meaningful because it demonstrates our resident and abiding interest in collaborating. Our four community college pres[...]
Italian olive oil company to open first U.S. facility in Newport News
Certified Origins, an Italian producer of extra virgin olive oil, will invest $25 million to establish its first U.S. production facility in Newport News, Gov. Glenn Youngkin announced in a news release Wednesday. The move is expected to produce 30 jobs. The company’s operations in the city’s Oakland Industrial Park [...]
Ex-Roanoke Times press building to become apartments
Another former newspaper building will be turned into apartments. The former Roanoke Times press building, located at 120 Salem Ave. in Roanoke, sold for $2.2 million. BH Media Group Inc. sold the 51,087-square-foot former press production facility to Belleview Investments LLC as a redevelopment property. A restauranteur shared [...]
NASA vet named president of Leidos’ Dynetics
Huntsville, Alabama-based Dynetics Inc., a wholly owned subsidiary of Reston-based Fortune 500 government contractor Leidos Holdings Inc., has named Steve Cook as its new Dynetics Group president and Paul Engola as deputy president, effective April 1, the company announced Tuesday. Current Dynetics President Dave King will stay [...]
Skanska tops out mixed-use building in McLean
Heming at 1800 Chain Bridge Road, a 28-story mixed-use building in McLean, has now been “topped out,’ Skanska announced March 23. Representatives from Skanska, CallisonRTKL, IMEG Corp., and Skanska’s construction partners commemorated the construction milestone by signing a steel beam and placing it at the highest [...]
VFCCE names Ben Davenport chairman
Davenport Energy Inc. Chairman Ben Davenport is the next chairman of The Virginia Foundation for Community College Education, the Richmond-based foundation announced Tuesday. In 2016, Davenport and his wife, Betty, invested $1 million through VFCCE to create a pilot program with four community colleges that provided early childh[...]
Hilton Richmond Downtown completes multimillion-dollar renovation
Hilton Richmond Downtown’s multimillion-dollar renovation is complete, New Orleans-based management company HRI Lodging LLC announced March 24. The renovation includes a new lobby bar and lounge and hybrid meeting space, as well as updating the fitness center, indoor pool and guest room bathrooms. The 250-room Hilton Richmond [...]
