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Wheels rolling on Henrico arena
Plans for a 17,000-seat arena in Henrico County are rolling forward, now with an international operator, ASM Global, on board. The centerpiece of the $2.3 billion GreenCity development, the venue is expected to be delivered in the third quarter of 2026. Although the project’s design is being finalized, developers say it will b[...]
APRIL 2023 OUT AND ABOUT
On Feb. 3, Virginia Business held a luncheon at the Boar’s Head Resort in Charlottesville for the magazine’s 13th annual Best Places to Work Awards, compiled in collaboration with Best Companies Group. Sponsored by Accent Professional Recruiting, the event honored winning companies across small, midsize and large business categories. Photos by Matthew R.O. Brown. 1. […]
Norfolk airport hotel is ‘desperately needed’
An influx of 200-seat airplanes is bringing record numbers of passengers into Norfolk International Airport, leading officials to fast-track infrastructure upgrades and pursue construction of an airport hotel. There is high demand for on-site lodging, especially among airline crews and travelers taking early morning flights, who[...]
Avian flu outbreaks strike Va. farms
For almost a year, Virginia poultry farms managed to avoid the nation’s worst-ever avian flu outbreak, but in January, the virus struck a commercial turkey operation in Rockingham County, prompting the killings of 25,300 birds. Five days later, 10,700 more turkeys were euthanized in Rockingham, and in February, 800 birds at an[...]
Planned Wise EDA will spur downtown growth
Establishing an economic development authority might pave the way for new businesses in the town of Wise, local officials believe. EDAs can provide educational programs and mentoring to entrepreneurs, as well as buy, lease and sell property and administer grants, points out Reagan Walsh, the town’s planner and zoning administr[...]
Tech students dig into high-tech mock mine
Robots don’t belong on volleyball courts, but for more than a decade Virginia Tech students had no other large, sandy place to test out mining robots. It was “a real lost opportunity” that students didn’t have a dedicated space to work with mining machines, says Erik Westman, a professor and interim department head at Te[...]
Balance of power
Chris Rawlings was a mechanic who wanted to be a pilot. He left the Marine Corps in 2008 after deploying twice to Iraq, where he supervised an aircraft maintenance team, going on to perform similar duties as a civilian contractor in a hangar at Fort Eustis. But his plan was to get back into the […]
Virginia 500 Spotlight: M. SANJAYAN
BEST ADVICE YOU HAVE TO GIVE TO OTHERS: To drive change, focus on what’s possible — despair doesn’t drive action; it drives apathy. HOBBY/PASSION: If you’ve lived in Africa, you’ve seen plenty of elephants, rhinos and lions. The real fun is in birding. I’ve got a copy of “Birds of Kenya and Northern Tanzania” —[...]
April 2023 For The Record
CENTRAL VIRGINIA Henrico County-based Altria Group Inc. has entered into a definitive agreement to acquire e-vapor maker NJOY Holdings Inc. for approximately $2.75 billion in cash, with a potential additional $500 million in payments, Altria announced March 6. Part of the deal’s funding will come from an expected $1.7 billion payment plus interest from Philip […]
April 2023 Top Five
The top five most-read daily news stories on VirginiaBusiness.com from Feb. 14 to March 13 included an update on the Lego Group’s Chesterfield County factory, which is expected to begin production in 2025. 1 | Lego to hire 500 Chesterfield employees by year’s end The Danish toymaker expects to create more than 1,760 jobs at […]
At max capacity
Supply chain and logistics executives used to joke that no one knew or understood what their jobs were — that is, until the COVID-19 pandemic upended how goods were transported to warehouses and ultimately to customers. “Until you start to look behind the scenes, you don’t know how all of this gets to your door […]
StartVirginia: April 2023 Heard around Virginia
Richmond-based Absurd Snacks is ready to enter major retailers after a reformulation and taking on some new packaging. Founders Grace Mittl and Eli Bank worked with a New York agency and redesigned the packaging. Absurd Snacks has been available at independent grocery stores, but Mittl and Bank are eyeing larger retailers and wanted to make […]
