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Recent Articles from Courtney Mabeus-Brown
Apparel wholesaler plans $50M Hanover facility, 1K jobs
SanMar Corp., the United States’ largest supplier of wholesale printable accessories and apparel, will invest at least $50 million to establish distribution operations in Hanover County and create an expected 1,000 jobs, Gov. Glenn Youngkin announced Thursday. SanMar’s operations, planned to occupy a 1.1 million-square-foot building in the East Coast Commerce Center, will be the [&hell[...]
DXC rejects buyout proposal from Asian firm
Ashburn-based Fortune 500 company DXC Technology Inc. has ended buyout talks after a “financial sponsor” failed to raise enough capital, the company announced Monday. DXC was approached in late September 2022 after receiving interest from a private equity firm and worked with advisers on the potential takeover, the company confirmed in October. While DXC did […]
Buc-ee’s could open first Va. store in New Kent
A Texas-sized travel center could be coming to New Kent County. Buc-ee’s, which bills itself as having the cleanest restrooms in America and the “friendliest beaver,” has filed a conditional use permit with the county’s planning and zoning department for review and approval of a proposed sign, the county’s economic development department posted on its […]
BAE Systems receives $245.6M Army contract
Falls Church-based BAE Systems will procure early-order material to support the future purchase of the Army’s Armored Multi-Purpose Vehicles (AMPV) under a $245.6 million cost-sharing contract announced by the Pentagon Friday. Work will be performed by BAE Systems’ land and armaments sector in York, Pennsylvania, with an estimated completion date of Dec. 31, 2024. There […]
Divaris Group acquires N.C. mixed-use leasing, advising firm
Virginia Beach-based Divaris Group has acquired North Carolina-based real estate planning, advisory and leasing firm The McGarey Group, the firm announced Friday. Financial terms and other details of the acquisition were not disclosed. The McGarey Group, led by President and CEO F. Denver McGarey, is now operating within Divaris Advisory, a division of Divaris Group. […]
Radford’s Highlander hotel names senior leadership
The Highlander, a $40 million boutique conference hotel opening this spring in Radford, announced its senior leadership team March 1. The team includes Executive Chef James Kirby; General Manager Rachel Pegues; Director of Sales and Marketing Ginger Clark; and Director of Food and Beverage John O’Conner. Kirby is a graduate of the culinary program at […]
Fairfax’s econ dev leader honored by White House
Fairfax County Economic Development President and CEO Victor Hoskins has a new accolade to add to his list of achievements. Hoskins, who has served in his role in Fairfax County since 2019, received a lifetime achievement award from the White House, the county EDA said Thursday. The award honors Hoskins for his “lifelong commitment to […]
Noblis promotes VP, chief people officer to senior VP
Reston-based Noblis Inc. is expanding the role of Vice President and Chief People Officer Deborah Drake by promoting her to senior vice president, the not-for-profit federal contractor announced Tuesday. Drake leads Noblis’ human resources and organizational development, including talent recruitment, total rewards system and employee engagement. “Over the past few years, Deb has helped to [...]
Boeing receives $1.2B aircraft development contract
Arlington-based Boeing Co. will develop two E-7 Airborne Early Warning and Control aircraft for the Air Force under a $1.2 billion award announced by the Pentagon Tuesday. The contract initiates prototype development activities of U.S. variations of the aircraft, which replaces the service’s E-3 aircraft. Work will be performed in Seattle and is expected to […]
Torc to acquire Canadian computer vision firm
Blacksburg-based Torc Robotics on Tuesday announced it will acquire Montreal-based computer vision company Algolux Inc. A purchase price was not disclosed. Torc, a self-driving truck company, is an independent subsidiary of Daimler Truck AG. Torc said in a news release that it is acquiring Algolux for its expertise in computer vision and machine learning. Algolux […]
