Virginia, USA, Business News - Virginia Business
WEBSep 27, 2024 — 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 …
Stronger together - Virginia Business
WEBFeb 28, 2022 — Just ahead of 2021, Altavista-based Pinnacle Bankshares Corp., parent of First National Bank, and Danville-based Virginia Bank Bankshares, parent of Virginia Bank and Trust, completed their merger in November 2020. Based on June 30, 2020, information, the combined bank had total assets of about $796 million and deposits of …
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.
Virginia 500 - Virginia Business
WEBAug 30, 2024 — 2024 Virginia 500: Economic Development. JONATHAN S. BELCHER EXECUTIVE DIRECTOR AND GENERAL COUNSEL, VIRGINIA COALFIELD ECONOMIC DEVELOPMENT AUTHORITY, LEBANON JOE BENEVENTO PRESIDENT AND CEO, VIRGINIA INNOVATION PARTNERSHIP CORP., RICHMOND BARRY DuVAL ….
Lowe’s to open distribution facility in Suffolk - Virginia Business
WEBOct 13, 2022 — Lowe's is expected to open a holding facility in Suffolk. 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 than $96 billion in sales in fiscal 2021 and it operates or services nearly 2,200 ...
Women In Leadership - Virginia Business
WEBJun 27, 2024 — President and CEO, Northern Virginia Chamber of Commerce, Tysons. About 10 years ago, Julie Coons took up quilting, which, in addition to providing the necessary benefits of any hobby, also offered some surprising parallels to her professional life. “Quilting ….
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 ...
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 ...
Va. Beach contractor lands $782M Navy contract - Virginia Business
WEBMay 1, 2020 — In April, Global Technical Systems (GTS), the Virginia Beach-based company Spitzer and his wife, Yusun, co-founded in 1997, landed a $782 million contract to manufacture equipment for the Navy’s combat system network. “This is further validation of our commitment to serve the U.S. Armed Forces with …
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 ...