Virginia, USA, Business News - Virginia Business
WEB6 days ago — Sales projected to rise 2.9% from 2023 by end of year. Virginia Realtors forecasts a 9.8% year-over-year increase in home sales in 2025, according to its 2025 Economic & Housing Market Forecast, released Thursday. So far …
Virginia National Bank finalizes merger with Fauquier Bank
WEBPublished April 1, 2021 by Jason Roop. The parent company of Virginia National Bank announced the completion of its merger with Fauquier Bankshares Inc. today, creating a combined bank with $1.7 billion in assets and $1.5 billion in deposits as of Dec. 31, 2020. The merger, announced in October, brings together Charlottesville-based Virginia ...
Virginia National, Fauquier banks to merge
WEBOct 1, 2020 — The parent holding companies of Virginia National Bank and The Fauquier Bank will merge under the Virginia National brand into a combined bank with $1.6 billion in total assets. Charlottesville-based Virginia National Bankshares Corp. and Warrenton-based Fauquier Bankshares Inc. have signed a definitive merger agreement, the banks announced ...
Buc-ee’s starts construction on Rockingham center
WEBJan 30, 2024 — Glenn Youngkin was there, as well as Buc-ee’s founder and CEO Arch “Beaver” Aplin III. Local officials attended as well. Located at the intersection of I-81 and Friedens Church Road, the center will be 74,000 square feet and have 120 fueling positions. Buc-ee’s expects construction to take about …
Inova Fairfax Medical Campus captures No.1 state ranking
WEBJul 27, 2021 — Centra Lynchburg General Hospital, Lynchburg. 8. Virginia Hospital Center, Arlington. 9. Sentara RMH Medical Center, Harrisonburg. 10. Inova Fair Oaks Hospital, Fairfax. Inova Fairfax Hospital ranked No. 6 for gynecology and No. 40 for neonatology. It ranked No. 1 in Washington, D.C. and No. 3 in Virginia for children’s care.
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.
Regions - Virginia Business
WEBSep 24, 2024 — Electrolyzer manufacturer pays nearly $5M for 57 acres. Topsoe, a Danish electrolyzer manufacturer, paid $4.95 million for about 57 acres in Meadowville Technology Park in Chesterfield County this summer, where the company plans to build a $400 million …. Judge approves LL Flooring’s sale of Sandston plant, assets.
$300M widening of U.S. Route 58 has started in Patrick County
WEBSep 29, 2021 — A groundbreaking ceremony took place Wednesday in Patrick County to widen a 7.4-mile stretch of U.S. Route 58 in Patrick County, the first phase of a project to create a continuous four-lane highway between Virginia Beach and Interstate 77. The project, part of the U.S. Route 58 Corridor Development Program enacted by state lawmakers in 1989 ...
Northrop Grumman to establish $200M Waynesboro facility
WEBNov 14, 2023 — Falls Church-based Fortune 500 defense contractor Northrop Grumman will invest more than $200 million to establish an advanced electronics manufacturing and testing facility in Waynesboro, creating an estimated 300 jobs over the next five years, Gov. Glenn Youngkin announced Tuesday. “Northrop …
Port of Virginia completes $320 mil expansion
WEBJul 23, 2019 — Describing the upgraded Port of Virginia as the “most modern, efficient and most productive in the Western Hemisphere,” state officials, port executives and Virginia Gov. Ralph Northam today announced the completed $320 million expansion of the port’s Virginia International Gateway (VIG) facility in Portsmouth. “The completion of the ...