James City County farmland sells for $12M
Plans for 328 acres include industrial facilities
A Houston-based industrial real estate company has purchased a 328-acre former farm in James City County for $12 million with plans to develop facilities for manufacturers, importers and warehousing and
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Former Henrico bank branch sells for $1.6M
Site of former Atlantic Union Bank
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A former Atlantic Union Bank branch in Henrico County has sold for $1.6 million. 8209 W Broad Street LLC, which is registered to an address in Chesterfield County, purchased the
Chesterfield shopping center sells for $4.92M
Property is anchored by Food Lion
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A Chesterfield County shopping center anchored by a Food Lion has sold for $4.92 million. Cushman & Wakefield | Thalhimer’s Capital Markets Group represented seller 360 Associates LLC in the
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NNS announces senior leadership changes
Promotions result from upcoming retirements at shipbuilder
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Newport News Shipbuilding is promoting three employees to its senior leadership team, as well as restructuring programs as the company plans for upcoming retirements. Rob Check will become vice president
Va. Beach economic development director to depart
Taylor Adams takes job in Nevada
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Taylor V. Adams, Virginia Beach’s deputy city manager and director of economic development, confirmed Tuesday night he will be leaving Virginia Beach after eight years. He will become the next
2,000 Amazon employees move into HQ2 during first week
E-tailer expects all 8,000 hires so far to move in by early fall
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About 2,000 employees moved into the first open tower at Amazon.com Inc.’s $2.5 billion HQ2 East Coast headquarters in Arlington this week. Floors 1-14 of Merlin, one of Amazon’s two
General Dynamics subsidiary to build ninth Navy oiler
$736M contract modification brings total value up to $5.5B
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A subsidiary of Reston-based General Dynamics Corp. has received a $736 million contract modification for detail design and construction of the ninth replenishment oiler in the Navy’s John Lewis-class fleet,
Auto parts manufacturer to expand in Emporia
Heyco Werk USA Inc. to spend $5.4M, add 21 jobs
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Heyco Werk USA Inc., a subsidiary of Germany-based automotive parts manufacturer Heyco Group, plans to invest $5.4 million to expand its operations in Greenville County, adding 21 jobs, Gov. Glenn
Valiant wins $748M language services task order
Herndon defense contractor to translate for U.S. Central Command
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Herndon-based defense contractor Valiant Integrated Services LLC will provide linguist and translation support to the U.S. Central Command under a $748 million task order with a ceiling value of up
Navy awards $1.1B more for sub construction
General Dynamics, Newport News Shipbuilding sharing construction duties for Virginia-class subs
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General Dynamics Corp.’s Groton, Connecticut-based Electric Boat Corp. has received nearly $1.1 billion more from the Navy to continue building Virginia-class submarines, and its teammate, Newport News Shipbuilding, has received
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UMW hires new business college dean
Filiz Tabak, of Towson University, starts in July
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The University of Mary Washington named a new College of Business dean, Filiz Tabak, who will start July 10 at the Fredericksburg university, in an announcement this week. She comes
IALR names EVP of operations
John H. Hughes IV comes from Lynchburg
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Lynchburg’s assistant city manager, John Hughes IV, has been named executive vice president of operations at the Institute for Advanced Learning and Research in Danville, the institute announced Monday. Hughes
Charlottesville regional chamber names prez and CEO
Natalie S. Masri worked with U.S. Chamber of Commerce for 12 years
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Natalie S. Masri will assume the role of president and CEO of the Charlottesville Regional Chamber of Commerce on June 1, the chamber announced Tuesday. She succeeds Andrea Copeland, who
VPAP names new director
Chris Piper was elections commissioner in Northam administration
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Chris Piper, former commissioner of the Virginia Department of Elections under Gov. Ralph Northam, will be the next director of the Virginia Public Access Project (VPAP) after founder David Poole
Opinion
The stuff of dreams
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Whether it’s aiming to solve a problem, build a better mousetrap or simply make a better life for themselves and their families, entrepreneurs start their businesses with a dream. And
Choppy waters for ocean shipping
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What a difference a year makes. In March 2022, ocean freight rates were at record highs, with capacity straining under the weight of historic U.S. import demand. High inventories and
Our new AI overlords
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A worker who never tires — who never needs to take a coffee break, who doesn’t get sick, who doesn’t disagree and who doesn’t have a messy home life or
Crown jewels
Letter from the publisher
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The Port of Virginia and its surrounding maritime community are the crown jewels of economic development in Virginia. Fewer than half of U.S. states have any coastline at all, not