Virginia Economic Review

Governor Glenn Youngkin announced today that Nightingale Ice Cream Sandwiches, a Richmond-based, handcrafted, small batch ice cream company, is investing $5.8 million to move into a new production facility and corporate headquarters in the City of Richmond.

Governor Glenn Youngkin announced today that Red River Foods, a fully integrated supplier of nuts, seeds, dried fruits, snacks, and grains ethically sourced worldwide, will invest $15.5 million to expand its Henrico County headquarters.

Food and beverage and pharmaceutical companies rely on Virginia’s cold chain infrastructure to succeed.

Tamara Fields is the national U.S. public service industry lead at Accenture, and managing director of the company’s Austin, Texas office.

As Virginia businesses build out and improve their cold chain infrastructure, they must be creative to grab a stake in the nation’s $42 billion business.

Warren M. Thompson is founder, president, and chairman of Thompson Hospitality Corporation, one of the largest contract food service and facilities management companies in the United States, with a portfolio of more than 65 restaurants across 17 different brands.

When Jeremy Moyer was 6 years old, he started following his dad around their 1,000-acre dairy farm in Amelia County. By the time he was 12, he was getting paid to do chores around the farm. Now, at 42, he runs the farm with his father and brother.

In 2020, roughly 12 years after Volkswagen relocated its North American headquarters from the Detroit area to Fairfax County, the company faced a choice. With the end of the lease on its Herndon office space looming, would it move to Atlanta, where its Porsche subsidiary is located, or another city?

In the world of financial services, time can represent both money and opportunity lost. The potential time savings from the use of quantum computing can help investors ensure they accrue more money than regret.

Controlled environment agriculture (CEA) describes a variety of systems that use technology to provide optimal growing conditions for crops, from simple hoop houses and traditional greenhouses to fully indoor vertical farms.

In 2001, when cousins Ryan and Travis Croxton took over their family’s 100-year-old oyster bed leases on Virginia’s Middle Peninsula, the Commonwealth’s oyster industry was on life support.

Consider the strawberry. Its skin, slightly glossy in a deep crimson hue, warmed by gentle light. A burst of sweet juice when first pierced by the teeth, giving way to tart flavors and a subtly gritty texture from dozens of tiny seeds.

Labor shortages have long been a challenge in agricultural operations, spurring innovative new ways of operating. Today’s farms rely as much on GPS-guided technology and artificial intelligence-driven automation as they do on manual labor.

Any discussion about Virginia peanuts needs to start with a clarification between Virginia peanuts and Virginia Peanuts. The lowercase former refers to peanuts grown in the Commonwealth; the capitalized latter is one of four peanut cultivars grown in the United States.

Agriculture is Virginia's oldest, largest private industry.

Just outside the city of Danville, Virginia, sits a farm unlike any of its neighbors. Tucked into the tree line, it stands 50 feet high, sleek, and solid white, standing out from the long, thin rows of tilled fields that surround it.

The Commonwealth of Virginia has existed as a business venture since its inception in 1607, when the Virginia Company of London formed a joint-stock company to bring profits to shareholders and establish an English colony in the New World.

From fourth-generation oyster farms to award-winning distilleries, Virginia’s food and beverage trails offer a bounty for hungry travelers. Here’s how some of those businesses have benefited from being on these trails.