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Recent Articles from Katherine Schulte
Norfolk mobile home parks sell for $9.75M, $6.4M
Two mobile home parks in Norfolk have sold, one for $9.75 million and one for $6.4 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Thursday. Located at 6659 E. Virginia Beach Blvd., Smitty’s Mobile Home Park consists of 136 pad sites on about 12.3 acres. Bonaventure bought the property from Hendrick Family LLC […]
Norfolk Southern donates archives to museum
Atlanta-based Norfolk Southern Corp. donated its complete collection of historical documents and archives from Norfolk and Western Railway, its predecessor, to the Virginia Museum of History & Culture, the company announced last week. Norfolk Southern, formerly headquartered in Norfolk, also provided a $750,000 grant to help the museum digitize, catalog and preserve the collection, and [&helli[...]
Sentara Healthcare names new general counsel
Earl Barnes will join Sentara Healthcare as its general counsel on June 2, the Norfolk-based health system announced Tuesday. Barnes previously was executive vice president and chief legal officer for Chicago-based Amita Health. In that role, he managed the legal, compliance, audit and risk departments, leading a 60-person team and managing a $10 million annual […]
Frederick County insulation facility add-on to create 37 jobs
Atlanta-based Kingspan Insulation LLC will invest $27 million to expand its Frederick County operations, a project expected to create 37 jobs, Gov. Glenn Youngkin announced Wednesday. Kingspan Insulation is a division of Kingspan Group that manufactures energy efficiency and moisture management products for residential and commercial construction. The company will add a 155,000-square-foot manufac[...]
Fluence to acquire renewable energy SaaS company
Arlington-based energy storage and digital application company Fluence Energy Inc. announced Monday that it has entered into an agreement to acquire Nispera AG. Nispera is a Zurich-based artificial intelligence and machine learning-enabled software-as-a-service company that targets the renewable energy sector. It helps clients monitor, analyze, forecast and improve renewable energy assets’ p[...]
DNA lab capacity expansion to bring 70 more jobs to Fairfax
Lorton-based forensic DNA testing company Bode Technology will invest $2 million to expand its DNA testing lab capacity in Fairfax County, a project expected to create more than 70 jobs, Gov. Glenn Youngkin announced Monday. The company will reconfigure about 5,000 square feet of its lab and add laboratory benches and robotics to support increased […]
White House taps Va. HBCU presidents for advisory board
The presidents of Virginia State University and Norfolk State University are on the list of intended appointees to the President’s Board of Advisors on Historically Black Colleges and Universities, the Biden administration announced on March 31. Virginia State University President Makola M. Abdullah, Norfolk State University President Javaune Adams-Gaston and Janeen Uzzell, CEO of the [&hell[...]
Virginians bet $402M on sports in February
Virginians bet almost $402 million in February, according to data released April 1 by the Virginia Lottery. Virginia sports bettors won more than $374 million in February. Since the state legalized sports betting in mid-January 2021, Virginia has recorded $4.1 billion in wagers. February’s gross revenue was a decrease of more than $83.6 million from […]
Midlothian lighting company promotes exec to CFO
Midlothian-based lighting and home decor company Shades of Light promoted Sean Acton to chief financial officer on Thursday. Acton was the company’s controller for about two years, and he will continue to oversee the accounting team until the company hires an accounting manager. Acton will take on oversight of the purchasing, inventory and production teams. […]
Intelsat donates space artifact to Smithsonian
McLean-based satellite operator Intelsat Corp. has donated the launch backup of the first commercial communications satellite in geosynchronous orbit to the Smithsonian‘s National Air and Space Museum. The company donated the ground spare of the Intelsat 1 satellite, also known as Early Bird. Intelsat 1 was launched on April 6, 1965, and is now inactive […]
