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Recent Articles from Katherine Schulte
Reston HR firm acquired by New York insurance broker
New York-based insurance broker and consultant NFP Corp. announced Thursday it had acquired Reston-based Helios HR LLC. Financial terms of the transaction, which closed in January, were not disclosed. “I’m excited to welcome the Helios HR team to NFP,” Ethan Foxman, NFP’s Atlantic region president, said in a statement. “We’re adding depth to our capabilities, […]
Washington Gas gifts Virginia Tech $430,000 for STEM education
Washington Gas gifted Virginia Tech $430,000 to help increase pathways into higher education in STEM disciplines, the university announced Monday. “Washington Gas is honored to partner with Virginia Tech and promote STEM education across the commonwealth of Virginia. Together, our program will help shape future generations of students and workers exploring energy in school studies […]
VCU receives $104M gift for liver research
Dr. Richard Todd Stravitz and his family’s Barbara Brunckhorst Foundation gave an unprecedented $104 million donation to Virginia Commonwealth University to support liver research, VCU President Michael Rao announced Tuesday during his State of the University address. The largest gift in VCU’s history, it’s also believed to be the largest publicly shared gift to support […[...]
GMU establishes health workforce center
George Mason University has established the Mason Center for the Health Workforce, the university announced Monday. The new center, directed by PJ Maddox and Caroline Sutter, will address the shortage and immediate need for health care workers in Virginia. It will serve as a technical assistance center for health workforce research, program evaluation, planning and […]
PAE stockholders approve $1.9B acquisition by Amentum
Falls Church-based government contractor PAE Inc. (Pacific Architects and Engineers) announced Thursday its stockholders voted to approve and adopt the company’s previously announced agreement to be acquired by an affiliate of Germantown, Maryland-based aerospace defense contractor Amentum Services Inc. in a $1.9 billion all-cash deal. The transaction is expected to close on or around Feb. [[...]
Dominion Energy to sell W.Va. utility for $690M
Dominion Energy Inc. announced Friday it had signed a definitive agreement to sell its West Virginia natural gas utility to Washington, D.C.-based financial services company Ullico Inc.’s infrastructure business for $690 million. The sale of Hope Gas Inc., also known as Dominion Energy West Virginia (DEWV), is expected to close later this year. “For nearly […]
Volkswagen to debut electric Microbus at SXSW
Herndon-based Volkswagen Group of America announced Wednesday that it would debut its electric bus during this year’s South by Southwest (SXSW) festival, which will be held March 11-20 in Austin, Texas. Designed to recall the iconic Type 2 Microbus introduced in 1967, the ID. Buzz is Volkswagen’s second noncommercial electric vehicle. The vehicle’s modern incarnation […]
ID.me to drop facial recognition requirement for government agencies
Amid concerns over privacy and data security, McLean-based tech company ID.me announced Tuesday it would drop the facial recognition requirement in its identity verification software, offering a new option to all government clients. Founded in 2010 as TroopSwap, ID.me works with 10 federal agencies, including Social Security and Veterans Affairs, and 30 states, in addition […]
Paper goods manufacturer announces $17M Henrico expansion
Washington-based paper goods manufacturer American Paper Converting (APC) will complete a $17 million expansion of its Henrico County operations, expected to add 69 jobs, the Henrico Economic Development Authority announced Tuesday. APC will move its current operation at 4401 Carolina Ave. to 5801 Tech Park Way, near the county’s White Oak Technology Park. The larger […]
Va. Senate rejects former EPA chief for Cabinet
The Virginia Senate voted Tuesday to reject Gov. Glenn Youngkin‘s appointment for state secretary of natural and historic resources, former Environmental Protection Agency Administrator Andrew Wheeler. Youngkin spokesperson Macaulay Porter said in a statement, “It’s clear Mr. Wheeler is extraordinarily qualified to be secretary of natural and historic resources and admirably served f[...]
