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Recent Articles from Kate Andrews
Volvo electric trucks to be produced at NRV plant in early 2021
Volvo Trucks North America’s plant in Pulaski County will manufacture its new battery-powered VNR Electric truck model starting early next year, the company announced Thursday. The largest Volvo truck plant in the world, the Dublin facility currently employs close to 3,000 people and builds heavy-duty trucks of multiple models. The Volvo Class 8 VNR Electric […]
National Landing BID makes hires, promotions
The National Landing Business Improvement District (BID) announced Wednesday a slate of new hires and promotions, including two newly created vice president positions. Ashley Forrester is the Arlington-based public-private partnership’s new vice president of marketing and communications, and Malaika Scriven is vice president of planning and development, posts recently created. Robert H. Mand[...]
Arlington-based blank check company raises $300M in IPO
Arlington-based Capitol Investment Corp. V raised $300 million through its initial public offering, the special purpose acquisition company (SPAC) announced Wednesday. Led by Chairman and CEO Mark D. Ein and President and CFO L. Dyson Dryden, the company was formed for the purpose of a merger or purchase of another company, though a news release […]
No new restrictions, but Northam urges COVID-19 caution
Gov. Ralph Northam warned Virginians about growing numbers of COVID-19 cases, especially in Southwest Virginia, which has seen higher rates for more than a month, in part because the region’s neighboring states also have seen spikes. At his Wednesday news conference, Northam stopped short of enforcing new restrictions, but encouraged people to follow physical distancing […]
Former Deputy Commerce Secretary Angela Navarro to be SCC commissioner
Former Deputy Secretary of Commerce and Trade Angela Navarro will be appointed to fill the State Corporation Commission’s open commissioner slot, Gov. Ralph Northam said Wednesday. An attorney, Navarro is expected to be appointed in early January, the governor said. Although the governor can appoint commissioners, Navarro must be approved by the state Senate and […]
Capital Region Small Business Development Center opens in Richmond area
Now part of the state’s Small Business Development Center (SBDC) network, the Capital Region SBDC opened this month to assist Richmond-area small business owners, Virginia Community Capital announced Monday. Funded by the U.S. Small Business Administration with $192,000 in CARES Act money, plus matching grant funds from regional sources, the center will provide COVID-19 assistance, […[...]
Va. COVID-19 cases, deaths continue to rise
COVID-19 rates continued to climb last week in Virginia, with an increase of 16,797 cases since Nov. 23, according to the Virginia Department of Health’s Nov. 30 dashboard update. The state also reported 120 virus-related deaths in the past week, raising the total number of fatalities over 4,000. As of Monday, the state has recorded […]
Richmond office/retail building sells for $2.1M
A 9,492-square-foot building in Richmond has sold for $2,125,000, Cushman & Wakefield | Thalhimer announced Monday. Across West Broad Street from the Scott’s Addition neighborhood, the office/retail property at 3013-3015 Cutshaw Ave., purchased by 3001 Cutshaw LLC from 3015 Cutshaw Ave LLC, will be converted to an event center by Mosaic. Connie Jordan Nielsen of […]
Virginia sees significant uptick in COVID-19 cases, deaths
As the coronavirus spreads dramatically across the nation, Virginia recorded 16,401 new COVID-19 cases and 136 deaths last week, a significant increase in both statistics compared with recent weeks. The previous week brought 11,160 new cases and 93 deaths, according to the Virginia Department of Health (VDH). Due to increased testing, though, the seven-day positivity […]
Dynamic Aviation to expand, creating 207 jobs in Rockingham County
Bridgewater-based Dynamic Aviation Group Inc. plans to invest $47.9 million in expanding its operations in Rockingham County, creating 207 jobs, the governor’s office announced Thursday. The company, which is among Rockingham’s top employers, employs 750 people and operates in 11 countries. Its Bridgewater facility includes a heavy maintenance and modifications center, an engine shop a[...]
