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Recent Articles from Courtney Mabeus-Brown
Buc-ee’s to open in New Kent by 2025
It’s official. Buc-ee’s, the Texas-size travel center chain, completed its purchase of property in New Kent County and will open its first Virginia location in the next two years, with three more slated across the state, S.L. Nusbaum Realty Co. said in a news release. A groundbreaking date for the New Kent site has not […]
Carpenter acquires Belgian foams biz for $468M
Richmond-based Carpenter Co. has completed its acquisition of Belgium-based Recticel’s engineered foams division for $468 million, a deal that makes makes Carpenter the world’s largest vertically integrated manufacturer of polyurethane foams and specialty polymer products, the company announced Wednesday. Founded in 1950, Carpenter is a manufacturer and supplier of foam, fiber and che[...]
Richmond ad agency Yebo announces closure after 35 years
Formerly known as the Barber Martin Agency, Richmond-based Yebo has announced its closure after 35 years. The firm changed its name to Yebo, pronounced “Yay-bow,” in early 2020 to better reflect the firm’s mission. The name means “yes” in the Zulu language of Southern African, which includes Zimbabwe, birth nation of Yebo President and CEO […]
Richmond riverfront amphitheater gets green light
Red Light Ventures LLC’s $30 million, 7,500-person riverfront amphitheater received a green light Monday from Richmond City Council, which approved a performance grant that paves the way for construction of the proposed music and performance venue to start as soon as this summer. With plans to host up to 35 major acts annually, Red Light […]
Virginia Business announces 2023 Va. CFO Awards winners
Virginia Business presented its 2023 Virginia CFO Awards Thursday during the magazine’s annual awards banquet honoring chief financial officers from nonprofits and businesses from across the commonwealth. This year’s Virginia CFO Awards banquet — the largest annual gathering of CFOs in Virginia — was held at The Jefferson Hotel in Richmond. “Being nominated for these [&hellip[...]
AWS reports it invested $51.9B in Va. from 2011-21
Amazon Web Services Inc. invested more than $51.9 billion in Virginia between 2011 and 2021, according to an economic impact statement released by the company Wednesday. That investment total includes capital and operational expenditures in Virginia, including Loudoun, Fairfax and Prince William counties, AWS said. During that same period, the company has contributed an estimated […]
HII Mission Technology promotes two execs
Newport News-based Huntington Ingalls Industries Inc.’s McLean-based Mission Technologies division has promoted Garry Schwartz, formerly a group president, to chief operating officer on June 1. At the same time, the company also promoted Todd Gentry to president of the division’s C5ISR (command, control, computers, communications, cyber, intelligence, surveillance and reconnaissance) [...]
CNSI-Kepro rebrands as Acentra Health
The health services tech company that formed from last year’s merger of McLean-based health care IT provider CNSI and Nashville, Tennessee-based health care management tech company Kepro is now branding itself as Acentra Health. The company announced the rebranding Tuesday. “Our new company name and brand represent a new era and a transformational new company,” […]
Leidos hires former NSA official as chief security officer
Reston-based Leidos has named a former national security official as its senior vice president and chief security officer, the Fortune 500 federal contractor announced Monday. Amy Davis most recently served as deputy chief for the National Security Agency’s Office of Security and Counterintelligence, where she led a team responsible for protecting civilian, military and contractor personnel[...]
Maryland brewery plans expansion to Fauquier
Silver Spring, Maryland-based Silver Branch Brewing Co. will invest $3 million to open a location in Fauquier County, adding 38 jobs, Gov. Glenn Youngkin announced Monday. The expansion is the second location for the brewery, which is growing its production. Virginia competed with Maryland for the project. “Silver Branch Brewing Co.’s expansion into Virginia is […]
