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Oct 15, 2024

Dominion files energy plan that includes more wind, nuclear

Dominion Energy Virginia filed its 2024 Integrated Resource Plan on Tuesday with the Virginia State Corporation Commission and the North Carolina Utilities Commission, setting out its long-term plans for energy generation over the next 15 years. The report calls for more offshore wind and solar energy development, as well as sma[...]

A mean wears a chef's jacket.
Oct 15, 2024

Gordon Ramsay to open restaurant at Caesars Virginia

Cantankerous celebrity chef Gordon Ramsay plans to open a restaurant called Ramsay’s Kitchen at the $750 million Caesars Virginia casino in Danville by the end of 2024, the casino resort announced Tuesday.  “Caesars Virginia sets the standard for approachable luxury, and I’m so proud to open my first [Virginia] restau[...]

Oct 15, 2024

Norfolk casino groundbreaking set for Oct. 30

Groundbreaking for Norfolk’s forthcoming casino is set to take place Oct. 30, according to a news release Tuesday. The announcement of the event, which is slated to feature remarks by the CEO of Boyd Gaming, the Pamunkey Indian Tribe’s chief and Norfolk’s mayor, comes after the Norfolk City Council approved the[...]

Oct 15, 2024

Allianz named title sponsor of Richmond amphitheater

Allianz Partners will be the naming sponsor for Richmond’s forthcoming 7,500-capacity, $30 million outdoor amphitheater, the global insurer announced Tuesday. The Allianz Amphitheater at Riverfront, a project led by Charlottesville’s Red Light Ventures and Live Nation, is expected to open next year in time for the su[...]

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 […]

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[...]

A man wearing a suit and tie.
Oct 10, 2024

Centra names permanent CEO

Lynchburg-based health system Centra has selected interim leader Richard Tugman as its president and CEO, overseeing a health system that serves more than 500,000 patients in Central and Southern Virginia, operating four hospitals, five medical centers and numerous primary care and specialty practices. Tugman had served as inte[...]

Rendering of the permanent Hard Rock Hotel & Casino Bristol
Oct 9, 2024

Hard Rock Bristol to open permanent facility Nov. 14

The Hard Rock Hotel & Casino Bristol will open its approximately $515 million permanent facility on Nov. 14, with country music star Blake Shelton making an appearance at the ceremony, its development team announced Wednesday. The temporary Bristol Casino: Future Home of Hard Rock opened July 8, 2022, making it Virginia’s[...]

Kyle Hall is the home of Radford’s Davis School of Business and Economics.The $44 million, 110,000-square-foot building opened in 2012. Photo courtesy Radford University
Oct 8, 2024

Three Va. universities have ‘some viability risks,’ report says

State researchers found Radford University, Virginia State University and the University of Mary Washington had “some viability risks,” according to a report released Monday, but none are in immediate danger of closing.  The good news from the report conducted by the Joint Legislative Audit and Review Commission, which con[...]

Oct 4, 2024

VCU eyes purchasing Altria’s Richmond research facility

Officials with Virginia Commonwealth University are discussing with the Altria Group the possibility of buying its 450,000-square-foot research building in downtown Richmond, the two parties acknowledged separately this week.  The Altria Center for Research and Technology, which opened in 2007, sits on more than four acres at 6[...]

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