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FOR THE RECORD: May 2026
CENTRAL VIRGINIA Delaware-based Fortune 500 specialty chemical company DuPont has completed the divestiture of its Aramids business, a designer and producer of synthetic fibers including Kevlar and Nomex, to Georgia-based manufacturer Arclin for about $1.8 billion, Arclin announced April 1. The sale will affect DuPont’s [...]
New details emerge on Jefferson Lab transition in June
New details about the future of the Jefferson Lab have emerged following last month’s announcement of a new operating contract.
Colonial Williamsburg CEO retires, is replaced by Fiorina
Colonial Williamsburg CEO Cliff Fleet retires as Carly Fiorina takes over during the foundation's centennial year.
Port of Virginia touts confidence in ability to adapt to uncertainty
The Port of Virginia in 2025 earned $877 million in operating revenues, the second highest in the port’s history.
Virginia Tech-backed energy tech hub opens in Newport News
The Secure Energy Future Center opened its first dedicated space Wednesday at Tech Center Research Park in Newport News.
Key Virginia markets see year-over-year home sale increases in March
Housing markets across Northern Virginia, Central Virginia and Hampton Roads posted year-over-year sales gains in March.
Central Garden & Pet to close Henrico facility, laying off 94
Central Garden & Pet will soon close its eastern Henrico County dog treat manufacturing facility and lay off 94 employees as it consolidates operations.
$450M Navy housing project in Newport News slated to begin this summer
Newport News Mayor Phillip Jones announced Monday that a $450 million downtown development is expected to begin construction this summer.
Former Port of Virginia CEO John Reinhart dies at 72
Former Virginia Port Authority CEO John Reinhart, credited with transforming the Port of Virginia, died Saturday at age 72.
Divaris appoints managing principal broker of D.C. regional office
Divaris Real Estate announced that it has appointed James O’Neill to be managing principal broker of its Washington, D.C., regional office.
Harbor Group International to purchase 11 multifamily properties for $562M
Harbor Group International plans to purchase 11 multifamily properties from Virginia Beach-based AH Realty Trust for $562 million.
TowneBank sells resort property management segment for $250M
Suffolk-based TowneBank announced Monday it has sold its Towne Vacations division for $250 million to Bellcrest Vacations Acquisitions.
