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Perdue Farms agrees to $4M settlement in child labor probe
Perdue Farms has agreed to pay $4 million in restitution to settle a federal investigation into alleged child labor violations at the company’s poultry processing plant on Virginia’s Eastern Shore. In October 2023, the U.S. Department of Labor’s Wage and Hour Division announced it had launched a probe into alle[...]
Japanese manufacturer set to close Chesapeake plant
Nitto, a Japanese developer of technology and manufacturer of products for automotive, aerospace and other industries, plans to close its Chesapeake plant by September, laying off 86 workers. The company notified the state of the closure Jan. 8 in compliance with the Worker Adjustment and Retraining Notification Act. The Nitto p[...]
Norfolk casino developers select construction management team
A joint venture between Virginia Beach-based S.B. Ballard Construction and Mississippi-based Yates Construction — the companies that built Rivers Casino Portsmouth — will lead construction of the $750 million Norfolk casino resort. The casino development partners, Boyd Gaming and the Pamunkey Indian Tribe, announced the sele[...]
Norfolk airport adding JetBlue service in April
JetBlue will start service from Norfolk International Airport on April 30, offering seasonal daily nonstop flights to Boston’s Logan Airport, Norfolk airport officials announced Wednesday. The airline will be the ninth commercial carrier at Norfolk’s airport, and its 140-seat Airbus A220 aircraft will depart Norfolk [...]
Cushman & Wakefield | Thalhimer names new Va. Beach leader
Geoff Poston is taking over leadership of the Virginia Beach office of Cushman & Wakefield | Thalhimer, according to a Wednesday announcement by the Glen Allen-headquartered real estate firm. As managing broker, Poston replaces Chris Rouzie, who has led Thalhimer’s overall Hampton Roads operation since 2014. Rouzie, an exe[...]
Retired Naval Station Norfolk commander is new Suffolk econ dev chief
Retired Navy Capt. Janet H. Days, who retired last year as commanding officer of Naval Station Norfolk, the world’s largest naval station, will be taking on a new tour of duty in February as director of Suffolk’s economic development department, the city announced Wednesday. She’ll start her new job Feb. 7, acc[...]
Something in the Water gets extension from Va. Beach
Pharrell Williams’ Something in the Water festival got a bit of a break Tuesday from Virginia Beach City Council members, who agreed to give the Virginia Beach-born music and fashion maven more time to fulfill an overdue part of the festival’s contract with the city. City Council voted 8-2 Tuesday to indefinitely def[...]
Smithfield Foods files for IPO
Virginia’s Smithfield Foods announced Monday it has filed a registration statement to the U.S. Securities and Exchange Commission for its initial public offering. This is the first step toward the pork and packaged meats giant’s plan of selling common stock on the Nasdaq Global Select Market under the ticker symbol S[...]
Outlook unclear for Something in the Water festival with Va. Beach vote set
The Virginia Beach City Council is set to consider an agenda item next week that could lead to the cancellation of the April 26-27 Something in the Water music festival, if organizers don’t provide the city with a full list of announced artists within days of the Jan. 7 vote. Under an agreement signed by […]
Historic Triangle gears up for America’s 250th birthday bash
Inside Richmond’s historic St. John’s Church in November 2024, a film crew and actors recreated the Second Virginia Revolutionary Convention and the enduring speech of Patrick Henry that still evoke chills nearly 250 years later: “I know not what course others may take; but as for me, give me liberty or give me death.” T[...]
Smithfield to form new hog production company ahead of IPO
Smithfield Foods has inked a deal with VisionAg, an affiliate of North Carolina’s HD3 Farms, to start a new hog production business early next year as the meat producer gears up to go public, the company announced Friday. Smithfield, a giant in packaged meats and pork products, will provide 28,000 sows to the new company, [...]
Dollar Tree makes interim CEO permanent
Dollar Tree’s interim CEO, Michael C. Creedon Jr., is now the Fortune 500 discount retailer’s permanent CEO. The Chesapeake company announced the board of directors’ appointment on Thursday. Creedon joined Dollar Tree in 2022 as chief operating officer and was appointed interim CEO in November, after former CEO Rick Dreili[...]
