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Building a hub
Fairwinds Landing LLC is demolishing dilapidated infrastructure, preparing to construct new facilities and signing tenants as it transforms Norfolk Southern Corp.’s Lambert’s Point Docks in Norfolk into Fairwinds Landing, a maritime operations and logistics center supporting Hampton Roads’ offshore wind, defense and transp[...]
New rules
In theory, the Ocean Shipping Reform Act (OSRA) would, among other things, help reduce inflation by adding transparency to container handling fees. In practice, though, it’s not that simple. When President Joe Biden signed OSRA into law in June 2022, he touted it as a weapon against shipping costs that had soared during the pa[...]
May 2023 For the Record
Central Virginia More than 340 union workers went on strike at the AdvanSix Inc. chemical plant in Hopewell on April 6 over contract wage negotiations. The International Chemical Workers Union Council and the United Food and Commercial Workers Union accused the New Jersey-based chemical company of trying to divide union membership by offering pay raises […]
Betting on biotech
Virginians have often sought experimental medical treatments outside the state — traveling to North Carolina, Boston or one of the Mayo Clinic’s locations. However, the Paul and Diane Manning Institute of Biotechnology at the University of Virginia aims to change that. “We intend to tackle the biggest challenges in health [...]
Farmer Focus hatches $17.8 million expansion
Harrisonburg-based Farmer Focus is undertaking a $17.8 million expansion to boost capacity at its 78,000-square foot processing facility on Acorn Drive. The organic poultry producer, which marked its ninth anniversary in March, announced in February that it was the recipient of a $3.6 million grant from the United States Departm[...]
Old Town Business league to upgrade or dissolve
Carla Clarke credits Old Town Business (OTB) league with arranging events that bring new faces into Today’s Cargo, the jewelry and gift shop she co-owns on Alexandria’s King Street. “It’s bringing new people through your door,” says Clarke. The 40-year-old nonprofit business league champions Old Town’s business commu[...]
Chesterfield’s new tech park already generating buzz
Chesterfield County Economic Director Garrett Hart received an inquiry about Upper Magnolia Green a week after the county announced in 2020 that it had purchased the property with the intent to develop a portion of it as a technology park. Intel Corp. hadn’t been able to find a site in Virginia for a $20 billion […]
Propulsion system
Madeline Davis has never set foot on a Navy submarine, so she doesn’t get to see the products she makes in action. Davis is a CNC (computer numerical control) machinist at Fairlead Integrated in Portsmouth, where she makes metal parts for the Navy’s silent service. The defense contractor supplies shipboard integrated parts, [...]
Chesapeake preps 1,400-acre industrial park
Whenever a big economic development announcement from another state pops up in the news, Hampton Roads Alliance President and CEO Doug Smith can count on his phone ringing. “I get a call from somebody saying, ‘Why didn’t we get that?’” says Smith. “And the answer is real simple: We didn’t have 500 acres or 1,500 [&[...]
German auto parts maker revamps Salem GE plant
Most everyone in the Roanoke Valley either worked at the former General Electric Co. facility in Salem or knew someone who had, says Renée Turk, the city’s mayor. “On some level, it meant a lot to the entire community,” she says of the manufacturing plant, which opened in 1955. After employing more than 3,000 workers [&he[...]
Westward ho!
Southwest Virginia’s leaders feel confident their region will be home to the state’s next inland port. “The planets are aligning for us right now,” says state Sen. Todd Pillion, R-Washington County. “Our localities are excited about it. The state seems to be excited about it.” During the Virginia General Assembly’s[...]
Pack your bags
Although hospitality in Northern Virginia is taking its time toward a full comeback, there are a few signs that the industry is bouncing back — chiefly midweek hotel bookings. Business travelers, the bread and butter of Washington, D.C.’s hospitality industry, are more likely to purchase last-minute plane tickets that cost m[...]
