Fredericksburg Business News and Events

Fredericksburg, VA has a thriving business climate and community. Stay up-to-date on the latest news and events that make the City of Fredericksburg an exiting place to live, work and own a business.

Latest News

Local Businesses Lead the Way in Fredericksburg’s 2025 Sustainability Movement

Nov 21, 2025

The Fredericksburg Clean & Green Commission has announced the winners of the 2025 Sustainability Awards, recognizing downtown businesses and restaurants that lead the way in environmental responsibility, community engagement, and sustainable innovation. Now in its fifth year, the program highlights organizations that incorporate sustainability into daily operations—advancing the City’s long-term environmental goals through energy efficiency, waste reduction, local partnerships, and education. This year’s honorees reflect Fredericksburg’s growing commitment to a cleaner, greener future.

Tom Wack Joins the City of Fredericksburg’s Economic Development Authority

Nov 20, 2025

The Fredericksburg EDA is excited to welcome Tom Wack, a longtime city resident and the builder behind landmark projects like Mill Race Commons, Liberty Place, and much of Central Park. With decades of local investment and community leadership, Tom brings deep roots and a strong passion for Fredericksburg’s future.

ILM Corporation Builds its Future: Warner Cohen Joins Management Development Program as Company Nears 50th Anniversary

Nov 4, 2025

As ILM Corporation nears its 50th anniversary in 2026, the company continues to lead in AI-powered digital mailroom and data management services. ILM recently welcomed Warner Cohen—the third generation of the Cohen family—into its Management Development Program, marking an exciting new chapter in the company’s growth and leadership.

Q3 2025 Economic Indicators: A Look at Fredericksburg’s Market Performance

Nov 1, 2025

The City of Fredericksburg has released its 3rd Quarter 2025 Statistical Report, highlighting key trends in real estate, new business activity, tax revenue, hotel performance, and labor market data. This snapshot provides valuable insights to help businesses and investors understand current market conditions and future opportunities.

Empowering Local Growth: EDA Unveils FXBG Local Loop and The Business Pour

Oct 24, 2025

The Fredericksburg Economic Development Authority (EDA) is thrilled to introduce two new programs designed to strengthen and celebrate our local business community — FXBG Local Loop and The Business Pour. Both initiatives aim to empower Fredericksburg businesses with practical tools, fresh ideas, and meaningful connections.