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Recent Articles from Courtney Mabeus-Brown
Lutron Electronics to build $28.3M factory in Ashland
Pennsylvania-based Lutron Electronics will invest $28.3 million to build a 145,000-square-foot manufacturing plant in Ashland, creating 200 jobs, Gov. Glenn Youngkin announced Thursday. Lutron manufactures lighting controls, automated shading solutions, and intelligent lighting fixtures for residential and commercial applications. Lutron already has a sales office and training center in Ashland lo[...]
Google completes $5.4B Mandiant acquisition
Google LLC has completed its acquisition of Reston-based cybersecurity company Mandiant Inc. in an all-cash transaction valued at $5.4 billion. Google is paying $23 per share for Mandiant, which is joining Google Cloud while retaining its branding. The companies announced the deal in March. Together, Google Cloud and Mandiant will offer customers more capable end-to-end […]
CACI wins $123.4M defense health engineering contract
Reston-based CACI International Inc. has received a $123.4 million contract to continue providing health readiness engineering support for the Navy, Marine Corps and Air Force via the Naval Information Warfare Center (NIWC) Atlantic, the company announced Tuesday. The South Carolina-based NIWC delivers health information through hardware and software to ensure medical readiness. Under the five [&h[...]
ManTech stockholders approve $4.2B sale to Carlyle Group
ManTech International Corp. stockholders have approved the Herndon-based tech contractor’s sale to The Carlyle Group for approximately $4.2 billion. Stockholders green-lighted the sale during a Sept. 7 special meeting, subject to customary closing conditions. The transaction is expected to close this week. “We thank our stockholders for their strong support of this transaction,” said Man[...]
Civica announces plans for $27.8M lab in Chesterfield
Nonprofit drugmaker Civica Rx is investing $27.8 million to establish a new 55,000-square-foot laboratory in Chesterfield County’s Meadowville Technology Park, Gov. Glenn Youngkin announced Thursday. The expansion will add 51 jobs, according to a news release. The company will also host a scale-up manufacturing facility run by Virginia Commonwealth University’s Medicines for All Instit[...]
Chrysler Museum names communications director
Norfolk’s Chrysler Museum of Art has named Ashley Grove Mars as its new director of communications. Mars previously spent more than seven years working for the Virginia Zoo, including in marketing and as creative director. She worked as its communications director since March 2021, according to her LinkedIn account. Mars has also worked in graphic […]
New Kent, Cox announce $34M internet expansion
New Kent County and Cox Communications Inc. have announced a $34 million public-private partnership to bring internet access via a fiber-optic network to all county residents and businesses. Work on the first phase is scheduled to begin this month and includes building out service to support 3,000 county residents who don’t currently have broadband access, according […]
Juul settles with Va., 32 other states for $438.5M
After a two-year investigation, ongoing federal scrutiny and numerous lawsuits, Juul Labs Inc. tentatively settled with Virginia, 32 other states and Puerto Rico for $438.5 million on Tuesday. Virginia will receive $16.61 million over the next six to 10 years, state Attorney General Jason Miyares announced Tuesday, but the larger impact may be on Henrico […]
Bitcoin whale Michael Saylor accused of tax fraud
Tysons-based MicroStrategy Inc. Executive Chairman Michael Saylor is being sued by the city of Washington, D.C., which accuses Saylor of engaging in a fraudulent scheme to deprive the city of more than $25 million in income taxes while living in “a luxury penthouse on the Georgetown waterfront” and claiming to be a resident of Virginia […]
Va. Beach-based Fortis acquires Illinois packaging company
Virginia Beach-based packaging manufacturer Fortis Solutions Group LLC has acquired Montgomery, Illinois-based Identi-Graphics Inc., the company announced Tuesday in a news release. Terms of the deal were not disclosed. Identi-Graphics manufactures pressure-sensitive labels and flexible packaging for the snack, bakery, cosmetic and chemical markets in the United States and Canada. It specializes i[...]
