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Nov 15, 2022

Metro opens $3B Silver Line extension

As a cold rain fell around noon Tuesday, leaders from Northern Virginia, Washington, D.C., and the Washington Metropolitan Area Transit Authority cut the ribbon on the $3 billion second phase of Metro’s Silver Line, extending rail service 11.4 miles to six stations and stretching into Loudoun County. Minutes later, they cr[...]

Nov 2, 2022

FyberX to invest $17.5M in Mecklenburg HQ

FyberX Holdings, a regenerative agriculture company, will invest $17.5 million to establish its U.S. headquarters and production operations in Mecklenburg County, creating 45 jobs, Gov. Glenn Youngkin announced Wednesday. The company will be located in the formerly vacant Kinderton Distribution Center in Clarksville, where it will process hemp and other agricultural products and produce fibers […][...]

Sep 23, 2022

Raytheon wins $985M Air Force hypersonic missile contract

Raytheon Technologies Corp.’s missile and defense division has received the go-ahead from the Air Force to move beyond the prototype phase and continue development of a new hypersonic cruise missile weapon under a nearly $1 billion contract announced by the Pentagon Thursday. The Hypersonic Attack Cruise Missile is an air-[...]

Aug 5, 2022

Norfolk high rise sells for $27.5 million

The Lafayette, an apartment tower in Norfolk, has sold for $27.5 million, according to Norfolk public records. Philadelphia-based PRG Real Estate Management Inc. purchased the property from Graycliff Capital Partners and Buligo Capital Partners; it is the company’s seventh apartment investment in Hampton Roads, according to Colliers, which brokered the sale. The Lafayette is in […]

Aug 1, 2022

HII receives $826M defense contract

Newport News-based Huntington Ingalls Industries will provide technology and other support to the Department of Defense under a $826 million contract. According to a news release, HII’s McLean-based mission technologies division will also provide threat analysis and analytics support as well as operations integration and operational effects support. The work will support Defense Department service […][...]

Jul 28, 2022

Top Five July 2022

The top trending stories on VirginiaBusiness.com from June 15 to July 14, 2022, were led by a surprise economic development announcement from a Danish toymaker known for its iconic and colorful interlocking plastic bricks. 1  |  Lego to build $1B factory in Chesterfield The Lego Group plans to erect a $1 billion toy manufacturing plant […]

Jul 28, 2022

Out and about

Virginia Business held its 17th annual Virginia CFO Awards banquet at The Jefferson Hotel in Richmond on June 16. Sponsored by Truist and Brown Edwards, the event honored 51 CFOs from around the commonwealth, nominated in four award categories, representing a variety of for-profit businesses, nonprofits and government agencies. (See Pages 59-64 for the full […]

Barefoot
Jun 28, 2022

BUFFY BAREFOOT

BUFFY BAREFOOT President — Virginia Beach, TowneBank, Virginia Beach Buffy Barefoot describes herself “as a pretty steady Eddie.” During her 27-year career in finance, she has worked for only two companies, and she credits her steady rise to staying in her lane, keeping her nose down and doing the best job she could. “En[...]

Johnston
Jun 28, 2022

DEBORAH JOHNSTON 

Deborah Johnston’s father inspired her career path. When she was a child, he encouraged her to pursue a job in nursing for the opportunities it could afford her. “He said, ‘You’ll always have a job. You could join the Air Force and travel the world. But no matter what happens, you’ll always have a job, […]

Nov 29, 2021

2021 Alternative Dispute Resolution

The Hon. Michael C.Allen (ret.) The McCammon Group Ltd. Richmond The Hon. Joanne Alper (ret.) The McCammon Group Ltd. Richmond James W. Barkley The McCammon Group Ltd. Richmond Jeffrey F. Brooke Poole Brooke Plumlee PC Virginia Beach Francis H. Casola Woods Rogers PLC Roanoke The Hon. B. Waugh Crigler (ret.) The McCammon Group Ltd. Richmond […]

Nov 7, 2021

Reston’s Stanley Martin Homes breaks ground for RVA condos

Reston-based Stanley Martin Homes broke ground on a new downtown Richmond neighborhood, Carver Square, last month. Located in the city’s Carver neighborhood near Virginia Commonwealth University’s Siegel Center and across from Maggie Walker Governor’s School, Carver Square will feature 90 two-over-two-style garage condominiums on two acres at the corner of Moore and Lombary streets. A […][...]

Sep 1, 2021

Virginia ranked No. 23 in the Oxfam America’s 2021 Best States to Work Index

Virginia ranked No. 23 in the Oxfam America’s 2021 Best States to Work Index, continuing its rise from last place in 2019. Anti-poverty organization Oxfam America examines wage policies, worker protections and rights to organize to create its index of the 50 states, Washington, D.C. and Puerto Rico. In 2018 and 2019, Virginia was the […]

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