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The Big Book

Feb 28, 2021

On the move

Tom Afferton, president of cyber mission, Peraton Inc., Herndon John Coleman, president of global defense and security, Peraton Inc., Herndon Roger Mason, president of space and intelligence, Peraton Inc., Herndon Tarik Reyes, president of civil and health, Peraton Inc., Herndon National security contractor Peraton has made massive moves lately, purchasing Perspecta Inc. for $7.1 billion […][...]

General Dynamics will construct two Columbia-class intercontinental ballistic missile submarines for the U.S. Navy, seen here in a rendering. Photo courtesy General Dynamics Corp.
Feb 28, 2021

Pressing on

In spite of the global pandemic that shuttered many smaller businesses, Virginia’s largest companies still inked major deals and scored contracts worth billions of dollars in 2020. In July 2020, Dominion Energy Inc. canceled its planned $8 billion Atlantic Coast Pipeline and sold its gas transmission and storage business to Be[...]

Workers install a jet bridge at the new concourse under construction at Reagan National Airport in Arlington. Photo courtesy MWAA/Project Journey
Feb 28, 2021

Brick by brick

The continuing progress on Amazon.com Inc.’s massive East Coast headquarters in Arlington, along with the promise of four new casinos across the state, kept spirits buoyed in Virginia’s construction sector in 2020. Across the country, construction employment decreased in December 2020 compared with December 2019, but not in [...]

Chad Knights, Northern Virginia Community College’s provost of information and engineering technologies, says the college’s ability to supply interns and staff to major employers like Amazon.com Inc. “is a defining feature for us.” Photo by Will Schermerhorn
Feb 28, 2021

The heart of the region

When the first class of Northern Virginia Community College’s cloud computing program graduated in spring 2020, its members may not have had the trappings of an in-person, pre-pandemic graduation, but they did get something with even more long-term value. Every graduate who sought employment after earning their associate degre[...]

In geIn general, Virginia’s economy is headed for a bright post-pandemic future, says Derek Klock, a professor at Virginia Tech’s Pamplin College of Business. But sectors like retail, hospitality and commercial real estate face tougher roads to recovery. Photo by Natalee Watersneral, Virginia’s economy is headed for a bright post-pandemic future, says Derek Klock, a professor at Virginia Tech’s Pamplin College of Business. But sectors like retail, hospitality and commercial real estate face tougher roads to recovery. Photo by Natalee Waters
Feb 28, 2021

The great transformation

It’s been a year since Virginia recorded its first COVID-19 case, and nearly all of us have embraced new ways of living — and working. But with each passing day, a return to some semblance of normalcy feels closer to our reach. Even in the face of emerging coronavirus variants, there’s reason to be hopeful […]

Danville's $400 million Caesars Virginia casino is set to be built on the former Schoolfield textile plant site. Rendering courtesy Caesars Entertainment Inc.
Feb 28, 2021

A jackpot for Danville?

The now-blighted property that was Dan River Mills when textile was king in the city of Danville will soon morph into the gleaming, $400 million Caesars Virginia casino and resort. At one time, the 80-acre site in the Schoolfield neighborhood was the world’s largest single-unit textile manufacturing site. Now abandoned, the un[...]

Feb 28, 2021

Chambers of commerce

STATEWIDE Asian American Chamber of Commerce Tysons (571) 633-9754 asian-americanchamber.org   Virginia Asian Chamber of Commerce Richmond (804) 344-1540 aabac.org   Virginia Chamber of Commerce Richmond (804) 644-1607 vachamber.com   Virginia Hispanic Chamber North Chesterfield (804) 378-4099 vahcc.com   CENTRAL VIRGINIA Altavista Area Chamber of Commerce Altavista (434) 369-6665 altavistachamber.com   Amelia C[...]

Pure Salmon International Co. is constructing a $228 million, 1-million-square-foot indoor fishing farm facility in Tazewell. Photo courtesy state Del. Will Morefield
Feb 28, 2021

Regional reboot

Public and private investments are boosting the economy in Southwest Virginia, bringing in a diversified group of new companies, from indoor salmon farming to medical information technology firms — as well as a long-awaited casino. Addressing the region’s steady decline in the coal industry, officials in the Southwestern reg[...]

Catrina Mullins, general manager of the Sessions Hotel in Bristol, stands on the site where the hotel plans to build a music stage this spring. Mullins hopes to launch a concert series as soon as June. Photo by Earl Neikirk
Feb 28, 2021

Better times ahead

Catrina Mullins can picture the scene: A stage, musicians and a grassy lawn. People leaning back in chairs or sitting cross-legged on blankets on the ground, tapping their toes to familiar tunes. Others open windows to listen to the sound from their hotel rooms, which look out onto the lawn. This is what an outdoor […]

A rendering shows the future Hard Rock Hotel & Casino, a $400 million resort set to be built on the Bristol Mall property. Rendering courtesy Friedmutter Group
Feb 28, 2021

Payout on a dream

“Get it done!” Those three words sent Jason Eige and Martin Kent on a mission to bring a casino to Bristol Mall before commercial gaming resorts were even legal in Virginia.  Eige, general counsel for The United Co., and Kent, the oil and gas company’s president and chief operating officer, vividly remember the day th[...]

The FBI Central Records Complex in Frederick County is a repository for billions of pages of records from 56 FBI field offices and other locations around the nation. Photo by Will Schermerhorn
Feb 28, 2021

‘Miles of files’

After 16 years in the making, the $135 million FBI Central Records Complex opened in Frederick County in August 2020. The 225,000-square-foot facility off Millwood Pike (U.S. 50) is designed to archive billions of pages of FBI records — some dating back to the bureau’s earliest days — from its 56 field offices and other [&[...]

If approved, the GreenCity project in western Henrico County would include a 17,000-seat arena and 2.2 million square feet of office space. Rendering courtesy GreenCity LLC
Feb 28, 2021

Seeing green

You can almost see the dollar signs flashing as John Vithoulkas talks about the revenue that he hopes will flow to Henrico County from the $2.3 billion GreenCity development, anchored by a 17,000-seat, $250 million arena. “Once it’s running and out of the ground, fully built, it will be producing revenues greater than our to[...]

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