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Eastern Virginia

Newport News Shipbuilding hits milestone with dual Ford-class carrier builds
May 30, 2025

Newport News Shipbuilding to furlough 471 workers

Newport News Shipbuilding on Friday announced that it will furlough 471 shipbuilders for up to five months.

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May 30, 2025

Wisconsin co. breaks ground on $26M Portsmouth export facility

The DeLong Co. on Thursday broke ground on a $26 million agricultural export facility in Portsmouth that will prepare whole grains for shipment.

A rendering of the planned Virginia Natural Gas operations headquarters. Image courtesy Virginia Natural Gas
May 29, 2025

Virginia Natural Gas breaks ground on $50M Chesapeake HQ

Virginia Beach-based Virginia Natural Gas on Tuesday broke ground on a $50 million operations headquarters in Chesapeake.

MSI held a grand opening for its distribution center in Suffolk in May 2025. Photo courtesy M S International
May 29, 2025

MSI opens $61.6M Suffolk distribution center

MSI, a California-based flooring, countertops, and tile supplier, opened its $61.6 million East Coast distribution facility in Suffolk.

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May 28, 2025

Antitrust lawsuit against General Dynamics, HII revived in appeals court

Two former naval engineers who claimed that General Dynamics, Huntington Ingalls Industries and more than a dozen other government contractors and shipbuilders illegally agreed to not poach each other's employees will receive a rehearing, a federal appeals court panel ruled this month.

Jens Dilling has been appointed as Jefferson Lab's next director, effective June 30. Photo Courtesy Jefferson Lab
May 28, 2025

Newport News’ Jefferson Lab appoints new director

Newport News-based Jefferson Lab announced Wednesday that Jens Dilling has been appointed as its next director, effective June 30.

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May 28, 2025

Army training command headquarters to relocate from Virginia to Texas

The U.S. Army Training and Doctrine Command (TRADOC) will soon move its headquarters from Fort Eustis in Newport News to Austin, Texas — but questions linger about how many military and civilian staff will be impacted and how much of the command’s functions will relocate.

Gov. Glenn Youngkin kicks off the countdown to the Sail250 Virginia Event. Photo by Josh Janney
May 27, 2025

Sail250 to bring 60 ships to Norfolk for America’s big birthday

Gov. Glenn Youngkin last week kicked off the one-year countdown to Sail250 — an enormous maritime festival that’s expected to bring more than 3 million visitors to Virginia and generate at least $150 million in revenue.

Clark Nexsen's headquarters in the Town Center of Virginia Beach. Photo courtesy Clark Nexsen.
May 27, 2025

Clark Nexsen acquired by Maryland firm

Virginia Beach architecture and engineering firm Clark Nexsen has been acquired by Maryland-based engineering, architecture and related services company Johnson, Mirmiran & Thompson.

Troy Dillow has been named Choice Financial Group's president and chief operating officer. Photo Courtesy Choice Financial Group.
May 23, 2025

Choice Financial announces new president, mid-Atlantic leader

Virginia Beach-based insurance broker Choice Financial Group has announced several changes to its leadership this month. Troy Dillow has been named president and chief operating officer, where he will be responsible for leading the company’s day-to-day operations and executing strategic initiatives.

Dollar Tree announces CEO of Family Dollar, soon to be sold
May 19, 2025

Dollar Tree announces CEO of Family Dollar, soon to be sold

Chesapeake-based Dollar Tree announced Monday that its soon-to-be-sold Family Dollar property will be led by Duncan MacNaughton, who will serve as chairman and CEO of the discount retail chain.

Sumitomo Drive Technologies to invest $9.3M to automate Chesapeake warehouse
May 19, 2025

Sumitomo Drive Technologies to invest $9.3M to automate Chesapeake warehouse

The Virginia Economic Development Partnership announced last week that global power transmission manufacturer Sumitomo Drive Technologies will invest $9.3 million to automate a warehouse and distribution center in Chesapeake.

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