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Port of entry
By all accounts, the Port of Virginia and the overseas shipping industry as a whole are major economic drivers in the commonwealth, with an upward trajectory expected to continue. For fiscal year 2022, the port’s TEU (20-foot equivalent unit) container volume hit a record 3.7 million units, a 14.7% increase from 2021, which ma[...]
Miles to go
Virginia’s largest-ever highway construction project, the $3.9 billion Hampton Roads Bridge-Tunnel (HRBT) expansion, continues to dominate the state’s ongoing roadwork projects. Construction began in October 2020. The contractor — Hampton Roads Connector Partners, a joint venture led by Dragados USA Inc. that includes Vinc[...]
Building a ‘floatel’
Construction is set to begin late this year on a service operations vessel (SOV) that will transport technicians and equipment to support the massive wind turbines that Siemens Gamesa Renewable Energy S.A. is installing for Dominion Energy Inc.’s $9.8 billion Coastal Virginia Offshore Wind (CVOW) project off the Virginia Beach coast. Crowley Corp., a Jacksonville, […]
It’s complicated
Going by media coverage alone, you’d be forgiven for thinking that 2021’s Great Resignation turned into “quiet quitting” in 2022, but as always, the national mood is more complicated than any two-word phrase could convey. There are still significant labor shortages in certain sectors — notably health care, education a[...]
Magical moments
2023 BEST PLACES TO WORK — LARGE EMPLOYERS WINNER The pandemic put a damper on workplace culture, which was particularly difficult for service-oriented organizations like Vaco, a Tennessee-based national staffing and consulting firm with an office in Richmond. Recruiters and salespeople are typically more social and outgoing, [...]
13th annual Best Places to Work
This is the 13th year that Virginia Business has compiled the Best Places to Work in Virginia list in collaboration with Pennsylvania-based Best Companies Group. More than 200 companies applied for inclusion in the 2023 Best Places to Work in Virginia cohort. A hundred companies were chosen, divided into three categories: small [...]
Health first
2023 BEST PLACES TO WORK — SMALL EMPLOYERS WINNER SmartEdge IT LLC, a Herndon-based business software development company, places a high premium on employee health and well-being. SmartEdge pays 100% of the premium for its health care package and provides $50,000 life insurance policies for all full-time employees, benefits th[...]
A balancing act
While there was no way to predict that a global pandemic would disrupt office life as we knew it, one Virginia-based company already had a grip on one trend impacting working professionals. During the COVID-19 pandemic, one in five U.S. households adopted a cat or dog, accounting for about 23 million households, according to a [[...]
A challenging year
2023 BEST PLACES TO WORK — MIDSIZE EMPLOYERS WINNER The last couple years have been a trying time for many businesses, but probably not for the same reasons as Patriot Group International Inc. When the U.S. Armed Forces withdrew the last troops from Afghanistan in August 2021, ending a 20-year war, the Warrenton-based federal [...]
Virginia Society of CPAs’ 2023 Interviews
SOUTHWEST VIRGINIA Tara E. Adams, CPA Partner | Adams & Delp PC | Wytheville What are the benefits of living and working in Southwest Virginia? I love the mountain scenery, access to so many outdoor activities and most of all the sense of community you get in the smaller cities and towns. How is the […]
Executive insights
Virginia Business asked five Hampton Roads leaders to discuss how regional cooperation could directly impact their industries, how they’re coping with staffing shortages and what their hopes are for the region’s future. XAVIER BEALE Vice president of human resources and trades, Newport News Shipbuilding, Newport News Most Hampton Roads leaders say they’d like to see […]
Living Legends: LINDA RABBITT
The construction company Rabbitt founded in 1989 has grown to a $445 million corporation employing 260 people. Rand is the largest commercial general contractor in the country founded and owned by a woman. A mainstay on Washingtonian magazine’s 100 Most Powerful Women in D.C. list, Rabbitt is a board member for The Economic Cl[...]
