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Galax furniture manufacturer to expand
March 06, 2009 3:39 PM
Vaughan-Bassett Furniture Co. announced it would invest $2.16 million to expand its Galax manufacturing facility, creating 100 jobs and saving 500 existing jobs.
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Norfolk condominium project facing foreclosure
March 06, 2009 11:51 AM
A $200 million condominium project will foreclose by the end of the month, according to the Virginian-Pilot.
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Largest Virginia coal mine idled
March 06, 2009 11:05 AM
Among the latest Southwest Virginia companies letting employees go is CONSOL energy in Buchanan County, which idled its Buchanan Mine – the largest coal mine in Virginia – for at least a month. The mine employs 540 people.
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General Dynamics’ aerospace unit plans to lay off 1,200
March 05, 2009 11:23 AM
Falls Church defense contractor General Dynamics announced Thursday that its Gulfstream Aerospace subsidiary is reducing its outlook for 2009 amid a decline in backlog.
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House panel passes tobacco regulation
March 05, 2009 10:54 AM
A House panel passed a sweeping tobacco regulation bill Wednesday, putting it on pace for passage by the full House far earlier in the congressional session than last year.
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SPARTA Composite Products to create 198 jobs in Suffolk
March 04, 2009 11:34 AM
SPARTA Composite Products is planning to spend $13.2 million to create a manufacturing facility that will create 198 jobs over a five-year period starting in late 2009.
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Sunrise Senior Living warns of possible bankruptcy
March 03, 2009 11:26 AM
Sunrise Senior Living reported a $305.6 million loss in the fourth quarter and warned it may need to restructure its business under bankruptcy protection.
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Virginia companies spend big bucks to sway federal government
March 01, 2009 2:00 AM
Ten of Virginia's top 20 revenue-producing public companies combined to spend more than $100,000 a day lobbying the federal government last year, records show.
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Taking its toll News
February 28, 2009 2:00 AM
Recession cuts a swath across Virginia, but economists expect some regions to do better than others.
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Proof in numbers | List of Leaders Intro
February 27, 2009 5:53 PM
Lists show tough times, bright spots in Virginia
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