Virginia, USA, Business News - Virginia Business
WEB4 days ago · Altria Center for Research and Technology building assessed at $275M. Officials with Virginia Commonwealth University are discussing with the Altria Group the possibility of buying its 450,000-square-foot research building in downtown Richmond, the two parties acknowledged separately this week. The …. Read The Full Story.
These 39 Va. companies made the 2024 Fortune 1000
WEBJun 4, 2024 · Thirty-nine companies headquartered in Virginia are on Fortune magazine’s 70th annual Fortune 1000 list, with 24 Virginia companies again making the elite Fortune 500.. Several of the Virginia companies saw their fortunes rise this year on the list, with top-ranked Virginia company Freddie Mac moving up nine spots to No. 36 on the overall Fortune 500, posting $108.05 billion in revenue for 2023.
Port of Virginia in midst of major upgrades
WEBApr 21, 2022 · Edwards showed the port’s economic impact in 2021 over 2018: 23.5 million tons of cargo, a 6% increase over 2018, $27.2 billion in labor income, an 18% increase over 2018, 436,667 jobs in Virginia, a 10% increase over 2018, $100.1 billion in spending, a 9% increase over 2018 and. $2.7 billion in local taxes, a 29% increase over 2018.
Ridge View banks on Roanoke region - Virginia Business
WEBMar 31, 2022 · Ridge View Bank, a division of Pennsylvania-based CNB Bank, opened for business in October 2021 and plans to be headquartered in the city of Roanoke next year. “We’re not ready to disclose the exact location yet,” says Ridge View President Carrie McConnell, “but the headquarters building will be two-story and around 15,000 square feet.
Amazon to open fulfillment, delivery facilities in Va. Beach
WEBSep 25, 2023 · Amazon.com will launch a fulfillment center and delivery station in Virginia Beach, creating an estimated 1,000 full-time jobs, Gov. Glenn Youngkin announced Monday. Groundbreaking began Monday, according to Ian Allen-Anderson, an Amazon spokesperson. The fulfillment center will be located at the intersection of Harpers and Dam Neck roads, and ...
Dominion to sell 50% interest in Va. Beach offshore wind farm for …
WEBFeb 22, 2024 · Dominion Energy announced Thursday it has reached an agreement with investment firm Stonepeak to sell a 50% noncontrolling stake in the Coastal Virginia Offshore Wind commercial project off the Virginia Beach coast for nearly $3 billion. If the sale is approved by the Virginia State Corporation Commission and …
Small Business - Virginia Business
WEBAug 13, 2024 · Seven fund managers focus on historically underserved founders. The Virginia Innovation Partnership Corp. is partnering with seven venture capital fund managers to invest $100 million in 100 Virginia-based startups. Through the partnership, announced Monday by Gov. Glenn Youngkin ….
Amazon opens new Chesapeake facility - Virginia Business
WEBAug 5, 2022 · Last week Amazon.com Inc. opened its new, 640,000-square-foot processing facility in Chesapeake, the global e-tailer’s first cross-dock fulfillment center in Virginia. About 900 of the 1,000 workers that Amazon announced it would be hiring for the facility are already on the job, an Amazon spokeswoman told Virginia Business.
Perspecta to be acquired for $7.1B in all-cash deal
WEBJan 27, 2021 · Photo courtesy Perspecta. Chantilly-based federal contractor Perspecta Inc. will be acquired for $7.1 billion by Herndon-based national security contractor Peraton, an affiliate of private investment firm Veritas Capital, in an all-cash deal, the companies announced Tuesday. Perspecta will combine with Peraton under the transaction, which is ...
Richmond pharma company Kaléo acquired - Virginia Business
WEBPublished November 29, 2021 by Katherine Schulte. Kaléo holds more than 200 patents. New York-based Marathon Asset Management LP announced Monday it has entered into a definitive agreement to acquire Richmond-based privately held pharmaceutical company Kaléo Inc., which is known for making injectors to treat allergic anaphylaxis and opioids ...