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Manufacturing
R. MARCUS ‘MARC’ AMMEN CEO, UNIVERSAL FIBER SYSTEMS LLC, BRISTOL Ammen, who has served as CEO of Universal Fiber since 2009, joined the company in 2000 as chief financial officer and previously was president of Universal Fibers Inc., one of the corporation’s affiliates. Founded in 1969 in Bristol, Tennessee, the company has two units: Bristol, […]
2020 Virginia Business Site Locator
Welcome to the 2020 Virginia Business Site Locator Guide! Inside you’ll learn how Virginia stacks up, how Virginia companies rank and learn about big deals in all regions of the commonwealth. The guide includes: A list of Virginia companies on the Fortune 500 list Lists of public universities and colleges A list of big deals […]
The VirginiaBusiness.com Top Five
The top trending stories on VirginiaBusiness.com from June 16 to July 15 were led by a surprise announcement from Dominion Energy Inc., which also disclosed a $9.7 billion deal to sell its natural gas transmission and storage assets to a Berkshire Hathaway affiliate. Atlantic Coast Pipeline canceled: Dominion Energy and Duke Energy Corp. abandoned plans […]
The Top Five
The top five trending stories on VirginiaBusiness.com from May 1 to June 15 show that readers were largely focused on getting back to business following the pandemic shutdown: Phase Three timeline coming soon: Gov. Ralph Northam preps final phase for “Forward Virginia” reopening plan. (June 11) Much of Virginia to enter Phase Two: State restrictions […]
The Generous Virginians Project
Despite record-breaking gifts to universities and nonprofit organizations in 2019 and early 2020 — including a $68 million gift to the Darden School of Business and $50 million gifts to Virginia Tech and George Mason University — philanthropic giving in Virginia this year has quickly pivoted from traditional donations to gi[...]
Construction industry gained 464K jobs in May
The construction industry added 464,000 jobs in May, according to an analysis of U.S. Bureau of Labor Statistics by the Associated Builders and Contractors (ABC) released Friday, making it the largest monthly increase in the industry since 1939. “One way to look at this stunning jobs report is to suggest that economists missed the mark […]
Va. Beach contractor lands $782M Navy contract
Navy veteran Terry Spitzer has dedicated much of his career to manufacturing equipment to be used by his former U.S. Armed Forces branch. In April, Global Technical Systems (GTS), the Virginia Beach-based company Spitzer and his wife, Yusun, co-founded in 1997, landed a $782 million contract to manufacture equipment for the Navy[...]
Northam signs bill to regulate ‘Wild West’ CBD market
RICHMOND, Va. – Gov. Ralph Northam recently signed a bill that would define hemp extract, such as CBD, as food and usher in state regulations on these products. Senate Bill 918, patroned by Sen. David Marsden, D-Fairfax, will help guide the budding industrial hemp industry in Virginia by regulating facility conditions and requ[...]
Chambers of commerce
Virginia State Chamber of Commerce Richmond 804.644.1607 vachamber.com CENTRAL VIRGINIA Altavista Area Chamber of Commerce Altavista 434.369.6665 altavistachamber.com Amherst County Chamber of Commerce Amherst 434.946.0990 amherstvachamber.com Appomattox County Chamber of Commerce Appomattox 434.352.2621 appomattoxchamber.org Be[...]
Senate committee passes bill to provide workers’ comp to first responders with PTSD
Law-enforcement officers and firefighters suffering from post-traumatic stress disorder will be entitled to workers’ compensation under a bill that is headed to the Senate floor for a vote. The bill, SB 561, will provide that PTSD incurred by first responders is covered by the Virginia Workers’ Compensation Act if a mental health professional diagnoses an […]
Shentel installs residential fiber optic across valley
A growing number of Shenandoah Valley communities are seeing more competition among broadband providers. Edinburg-based Shenandoah Telecommunications Co., or Shentel, founded more than a century ago by farmers seeking improved telecommunications services for their rural communities, is still focused on that mission, though these[...]
GreeneHurlocker promotes Paul Allen to operations officer
Henrico County-based law firm GreeneHurlocker has promoted Paul Allen to operations officer, Co-Managing Member Brian Greene announced Friday. Allen joined GreeneHurlocker in August 2016 as a paralegal and operations manager, having previously working as a paralegal both locally and nationally. He earned a bachelor’s degr[...]
