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Granules India announces $12.5M pharma facility
Company to create 57 jobs in Prince William
Indian pharmaceutical company Granules India Ltd. will invest $12.5 million to establish a pharmaceutical packaging operation in Prince William County, creating 57 jobs, Gov. Glenn Youngkin announced Wednesday. Headquartered in
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Belabored shortages
Labor woes, inflation expected to persist
Published
Faced with a shortage of drivers, Trevor Dunlap had to find a new way to recruit interested candidates for his Chesapeake-based trucking and warehousing companies, Givens Transportation Inc. and Givens
Fifth District economy little changed since August, Fed says
Demand for several sectors drops in face of inflation
Published
The economy in the Federal Reserve’s Fifth District (a multistate region including Virginia, North Carolina, South Carolina, West Virginia and Maryland) has been largely unchanged since August, according to the
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Lowe’s to open distribution facility in Suffolk
Project set to create 100 jobs
Published
North Carolina-based home improvement retailer Lowe’s Cos Inc. will establish a coastal holding facility in the city of Suffolk, adding 100 jobs, Gov. Glenn Youngkin announced Thursday. Lowe’s had more
Fighting back
Small businesses get creative battling inflation
Published
Inflation and supply chain problems have pushed up the price of citric acid by 200%. That’s a problem for Crystal Wellman because citric acid is a primary ingredient in bath
COVID challenges continue for Va. restaurants
Restaurant owners cope with rising costs, labor shortages
Published
Liz Kincaid faced a major problem in August after the walk-in refrigerator in one of her Richmond restaurants — Max’s on Broad — broke. Her usual supplier told her the
Arlington supply chain tech unicorn hires CFO
Aida Sukys joins Interos from Justworks
Published
Arlington-based supply chain management technology company Interos Inc. has hired Aida Sukys as chief financial officer. Sukys was previously CFO at Justworks Inc., a human resources tech company. Sukys also
Port of Va. partnering with Norfolk Southern
Train service will expedite shipping to West Coast
Published
The Port of Virginia is part of a new partnership with Norfolk Southern Corp., Hapag-Lloyd and Union Pacific Railroad. The partners will provide expedited train shipping from the East Coast
Economic growth to continue slowing, ODU experts say
Mid-year forecast predicts increased risk of recession
Published
The U.S. economy will continue to slow in the second half of 2022 and a recession is increasingly likely, according to the Old Dominion University’s Dragas Center for Economy Analysis
ODU to create supply chain, logistics, maritime school
Resolution to approve school effective Oct. 15
Published
Old Dominion University will create a School of Supply Chain, Logistics, and Maritime Operations, pending approval from the State Council of Higher Education for Virginia, the university announced Friday. In