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Recent Articles from Courtney Mabeus-Brown
Cadence acquires Conn. device components manufacturer
Staunton-based medical and drug delivery devices manufacturer Cadence Inc. has acquired Connecticut-based miniature medical device components manufacturer Utitec Inc., Cadence announced Tuesday. Financial details of the transaction were not disclosed. Utitec specializes in miniature, deep drawn medical device and commercial components. The company has a medical facility in Costa Rica. “Acquiring[...]
Manufacturer plans $40.2M expansion in Floyd
Massachusetts-based advanced materials manufacturer Hollingsworth & Vose will invest $40.2 million to expand its Floyd County operation, a project expected to create 25 jobs, Gov. Glenn Youngkin announced Tuesday. H&V will add more than 28,000 square feet to its facility at 365 Christiansburg Pike NE to accommodate new production equipment. “Hollingsworth & Vose has generated [&helli[...]
On your mark
When Virginia Commonwealth University closed its buildings in spring 2020, then-student Julien Reininger wasn’t deterred from his entrepreneurial pursuits. In the kitchen of his parents’ Springfield home, Reininger ran a dehydrator for eight hours at a time, creating vegan jerky from canned jackfruit and developing different marinades. “I’m sure when I started doing it, they […]
Sentara invests $11M in Newport News revitalization
Sentara Healthcare invested $11 million in Newport News’ Marshall-Ridley Choice Neighborhood revitalization initiative, the Norfolk-based health system announced Wednesday. Sentara is providing $11 million in loan financing support for the project’s second phase, which focuses on the former Ridley Place neighborhood. The project is part of the U.S. Department of Housing and Urban Development�[...]
Va. nursing homes, assisted living facilities struggle with staffing
Virginia’s nursing homes and assisted living facilities continue to struggle with staffing shortages, according to a Virginia Health Care Association-Virginia Center for Assisted Living survey released in December. Of 154 long-term care providers who responded to the survey, 86% said their workforce situation worsened in 2022 compared with 2020, an increase of five percentage points […]
Hilb Group acquires Ga. insurance agency
Henrico County-based insurance company The Hilb Group LLC announced Tuesday it had acquired Georgia-based Gillman Insurance Problem Solvers. Financial terms of the acquisition, which became effective Dec. 1, were not disclosed. “Joining The Hilb Group allows us to build further upon our long-standing, dedicated focus on our customers,” Ed Gillman, Gillman Insurance’s founder and [...]
SWVA child care initiative receives $1.24M grant
The New River/Mount Rogers Workforce Development Board will receive $1.24 million in grant funding for Ready SWVA, a child care initiative launched by United Way of Southwest Virginia, Gov. Glenn Youngkin announced Monday. The United Way chapter launched Ready SWVA in December 2021 to expand access to affordable child care, strengthen the provider network and […]
Burke & Herbert Bank holding company elects new chair
Burke & Herbert Financial Services Corp. announced that President and CEO David P. Boyle will be chair of the board effective Jan. 1, 2023, the Alexandria-based holding company for Burke & Herbert Bank & Trust Co. announced Friday. Boyle joined the bank in 2019 and has been a bank director since 2020. He succeeds E. […]
ODU hires associate VP for corporate partnerships
Civic Leadership Institute President and CEO Sarah Jane Kirkland will become Old Dominion University’s associate vice president for corporate partnerships on March 1, 2023, the Norfolk university announced Thursday. “Sarah Jane is well-known and highly respected in Hampton Roads, especially among business and industry leaders. For many years, she has been fully dedicated to creating […]
M S International to open $61.6M Suffolk distribution center
M S International Inc. (MSI), a California-based flooring, countertop, wall tile and hardscaping products supplier, will invest $61.6 million to establish its East Coast distribution facility in Suffolk, a project expected to create 80 jobs, Gov. Glenn Youngkin announced Thursday. McDonald Development Co. will construct the 548,000-square-foot facility, which will be located at 2821 Holland [&hell[...]
Stihl hires HR exec from HII
Virginia Beach-based Stihl Inc. has named Melody Doleman as its new vice president of human resources, effective Sept. 6. She will be responsible for overall strategic management of human resources for the chainsaw and outdoor power equipment manufacturer. Stihl employs more than 3,000 workers in the United States and supplies the majority of Stihl products […]
Charlotte County approves Va.’s largest solar farm
The largest solar project in Charlotte County — and Virginia, according to Dominion Energy Inc. — was approved by the county’s Board of Supervisors in July. Reston-based utility-scale solar developer SolUnesco LLC received a conditional-use permit to build the $800 million to $1.6 billion Randolph Solar project in the southern part of the county. SolUnesco […]
StartVirginia: Hopewell businesses get boost from pitch contest
Jonathan Montiel and his business partners, Phillip and Lexi Hughes, bought a building in downtown Hopewell and asked community members what they needed. Their answer: more restaurants. That’s how City Point Ice Cream & Burgers was born, and the trio think it’s also why they won the $15,000 first prize in the Homegrown for Hopewell […]
Cabbies cry foul over Va. Beach’s free ride service
Lynne Johnston’s business, All City Cab Co., took a hit from the pandemic. But when the city of Virginia Beach started offering free door-to-door rides in one of her busiest zones — the Oceanfront — during tourist season, it was like another punch to the gut. This year, Virginia Beach contracted with Miami-based microtransit service […]
TowneBank names new CEO
Suffolk-based TowneBank announced Friday that William “Billy” I. Foster III will become CEO, succeeding J. Morgan Davis, who is retiring. Foster, the bank’s market president for Central Virginia and the Carolinas, joined TowneBank as a regional president in 2004, leading the bank’s expansion into the Norfolk area. Before that, he was eastern region president for […]
Chesterfield-based Paymerang expands to Wise County
Chesterfield County-based payment and invoice automation company Paymerang LLC will expand its operations to Southwest Virginia, creating 50 jobs in Wise, the company announced Thursday. The move follows a previous expansion of its Chesterfield County headquarters. In Wise, employees will work in software development, cloud engineering and payment operations. Paymerang is the second company to jo[...]
Johnston-Willis Hospital names new CEO
Johnston-Willis Hospital in Richmond has a new chief executive, HCA Virginia Health System announced Tuesday. Beth Matish will become the Chesterfield County hospital’s CEO on Aug. 29. She has been part of the senior leadership team at Henrico Doctors’ Hospitals for 20 years and was named CEO of Retreat Doctors’ Hospital in Richmond, another HCA […]
Hanover County business center sells for $41M
Baltimore-based Merritt Properties announced Tuesday it has purchased Crescent Business Center in Ashland from Crescent Business Center LC, a Thalhimer Realty Partners Inc. development, for $41.3 million. The Hanover County business center includes five industrial buildings with 262,256 square feet of space on 20 acres and are 100% occupied, including Trane U.S. Inc., Electronic Systems, […[...]
Coronado announces $169M coal mining expansion
Coronado Global Resources Inc., an Australian producer of metallurgical coal, will invest $169.1 million to expand coal mining operations at its Buchanan Mine Complex, located about 10 miles southeast of Grundy in Buchanan County. The expansion will see the mining operation add 181 jobs, bringing its total workers at the site to 781, Virginia Gov. […]
Lease signed for Fairwinds Landing in Norfolk
The ball has started rolling on the $100 million project turning the Lambert’s Point Docks property in Norfolk into Fairwinds Landing, a maritime operations and logistics center to support the local offshore wind, defense and transportation industries. The Miller Group signed a lease for the 122-acre site owned by Norfolk Southern Corp. It has 20 miles of […]
Gainwell Technologies hires new client engagement officer
Tysons-based Gainwell Technologies has named Karen Shields as its chief client engagement officer, the health and human services IT provider announced last week. Shields will work in collaboration with Gainwell’s project management team to anticipate and fulfill client needs, according to a news release. She previously served as deputy director for the Center for Medicaid […]
DXC President/CEO adds chairman to title
Mike Salvino, president and CEO of DXC Technology Co., will be adding chairman to his title, the Ashburn-based Fortune 500 IT services company announced Tuesday. Salvino will ascend to his new position following the company’s annual stockholder meeting on July 26. He succeeds former Pfizer Inc. Chairman and CEO Ian C. Read, who is retiring […]
GMU appoints dean for health, human services college
George Mason University’s College of Health and Human Services has named epidemiologist Melissa J. Perry as its new dean. Perry has chaired The George Washington University’s Department of Environmental and Occupational Health since 2011. She is expected to start her new position August 1 after completing a Fulbright fellowship in Albania, GMU said in a […]
UVA Community Credit Union has new president, CEO
UVA Community Credit Union has named Susan M. Gruber as its next president and CEO. Gruber previously served as executive vice president and chief financial officer of Dublin, California-based Patelco Credit Union since 2014, according to a news release. She has also worked as CFO and senior vice president at Jeanne D’Arc Credit Union in Lowell, […]
Reston-based LookingGlass acquires Next5
Reston-based cyber intelligence firm LookingGlass Cyber Solutions Inc. will acquire Washington, D.C.-based technology consulting firm Next5, the company announced May 11. As part of the acquisition, Next5 CEO and founder Bryan Ware was named CEO of LookingGlass. He is replacing Gilman Louie as CEO, who has moved to the role of executive chairman, LookingGlass spokesperson […]
Va. restaurant, travel association names new VP
Richmond-based Virginia Restaurant Lodging & Travel Association has promoted Brittany Wojdyla to vice president of membership and business development, the organization announced Thursday. In her new role, Wojdyla will be responsible for leading the association’s membership efforts throughout the state, developing partnerships and sponsorships, managing events and overseeing marketing an[...]
Falls Church-based GDIT names VP for client engagement
Falls Church-based General Dynamics Information Technology Inc. has named Kristin Seaver as its vice president of strategic client engagement, the company announced Monday. Seaver spent more than three decades working for the U.S. Postal Service, including as chief retail and delivery officer, chief information officer and COVID-19 incident commander, as well as in other leadership […]
Arlington national security tech firm hires CIA vet
Arlington-based Two Six Technologies has hired Elizabeth “Beth” Kimber, who formerly oversaw the Central Intelligence Agency’s network of spies, as vice president of intelligence community strategy, the national security tech firm announced this week. Kimber spent 37 years in the CIA and was the first woman to serve as the agency’s deputy director for operations. […]
Owens & Minor receives $1.1B DOD contract
Mechanicsville-based Fortune 500 global health care logistics firm Owens & Minor Inc. has received a $1.125 billion contract modification to provide medical surgical supplies to the military and federal civilian agencies, the Department of Defense announced Wednesday. The award is for a second 30-month option period of a contract with three 30-month possible periods for […]
Northrop Grumman taps chief diversity officer
Falls Church-based Fortune 500 defense contractor Northrop Grumman Corp. has promoted Kenny Robinson to vice president and chief diversity officer, effective May 31. Robinson will be responsible for advancing Northrop Grumman’s diversity, equity and inclusion strategy and programs, the company’s corporate citizenship, DEI and ethics programs, as well as serve as president of the Northrop [&hel[...]
