Virginia economy

Construction Begins on $681 Million Cable Manufacturing Facility in Chesapeake

News Summary LS GreenLink USA, Inc. has commenced the construction of a $681 million cable manufacturing facility in Chesapeake, Virginia.…

2 months ago

Virginia Governor Cuts $900 Million from State Budget

News Summary Governor Glenn Youngkin of Virginia has announced a $900 million cut to the state budget due to anticipated…

2 months ago

Virginia Governor Announces $900 Million Budget Cuts

News Summary Virginia Governor Glenn Youngkin has cut $900 million from the state budget using line-item veto authority, primarily affecting…

2 months ago

PrideStaff Opens New Office to Enhance Staffing Solutions in Northern Virginia

News Summary PrideStaff has announced the opening of a new office in Northern Virginia, aiming to streamline the hiring process…

2 months ago

Virginia Offshore Wind Project Faces Rising Tariff Costs

News Summary The Coastal Virginia Offshore Wind (CVOW) project led by Dominion Energy confronts nearly $500 million in unexpected costs…

2 months ago

WCS Logistics Expands Cold Storage Facility in Virginia

News Summary WCS Logistics announces a $27 million expansion in Frederick County, Virginia, to build an 83,000-square-foot cold storage facility,…

2 months ago

Business Leaders in Northern Virginia Express Economic Pessimism

News Summary A recent survey reveals that 59% of Northern Virginia business leaders anticipate a decline in economic conditions within…

2 months ago

Virginia Approves Bills for Greater Consumer Pricing Transparency

News Summary Virginia has approved two key bills aimed at enhancing consumer transparency by requiring businesses to disclose total prices…

2 months ago

LS GreenLink Breaks Ground on $700 Million Underwater Cable Facility

News Summary LS GreenLink has commenced construction of a $700 million underwater cable manufacturing facility in Chesapeake, Virginia. This plant…

2 months ago

D.C. Area Sees Surge in Million-Dollar Starter Homes

News Summary Rising home prices and increasing mortgage rates are making it tough for first-time buyers in the D.C. area…

2 months ago