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Recent Articles from Beth JoJack
Martinsville bank sells Justice family’s overdue loans to Omni Hotels entity
Carter Bankshares sold $209.48 million in past-due loans tied to the Justice family to a subsidiary of TRT Holdings, owner of Omni Hotels & Resorts.
Packaging Corp. of America to lay off 110 tied to Richmond facility
Packaging Corp. of America plans to close its Richmond facility, resulting in 110 layoffs.
DoD awards $970M blanket purchase agreement to Carahsoft, Broadcom
The DoD awarded a $970 million blanket purchase agreement to Broadcom and Reston-based Carahsoft to streamline software contracts for multiple defense agencies.
In DuPont Aramids unit sale, 975 jobs in Chesterfield shift employers
DuPont completed the $1.8 billion sale of its Aramids business to Arclin, transferring about 1,000 jobs at the Chesterfield Spruance facility.
Pittsylvania celebrates rocket motor factory
Hurt Mayor and Pittsylvania County native Gary Hodnett remembers the families who had to pack up their lives and move to find work after Burlington WorldWide shut down its operation there in 2007, laying off about 500 employees. And so, Hodnett certainly celebrated in February when Avio USA, the Arlington County-based U.S. subsidiary of Italian […]
Kuhn buys industrial park in Manassas for $90M
JK Land Holdings purchased the 240,000-square-foot Redstone Industrial Park in Manassas from Dogwood Industrial, expanding its industrial real estate portfolio.
Roanoke commission moves forward with plans for Hotel Roanoke sale
While advancing plans to sell the Hotel Roanoke & Conference Center, the Hotel Roanoke Conference Center Commission prepares for a $12.7 million bond payoff
Google confirms Botetourt data center campus
Google confirms plans for a Botetourt County data center campus, addressing water use, power and how the company works with communities.
Bobe to leave Danville economic development for regional foundation
Corrie Teague Bobe is stepping down as Danville's director of economic development and tourism to join the Danville Regional Foundation as director of economic development and regional collaboration.
AEP names new leader of Appalachian Power
American Electric Power named Brian Abraham president of Appalachian Power, replacing Aaron Walker in a leadership shift for the utility.
