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Recent Articles from Katherine Schulte
Prince George County administrator headed to King William County
Prince George County Administrator Percy C. Ashcraft is leaving to take the same role in King William County, county board chairman Floyd Brown Jr. announced Monday. Ashcraft’s last day in Prince George will be Dec. 3 and he will start in his next role on Dec. 6. “As chairman, I am saddened by his announcement, […]
Reston tech company promotes CFO
Reston-based tech and network security company Electrosoft Services Inc. announced Tuesday that it promoted Justin Lapington to the role of chief financial officer. Lapington had been the company’s vice president of finance since September 2020. He led the implementation of a new resource planning system and expanded the finance team. “Justin has been instrumental in […]
New Liberty law school dean was State Dept. ambassador
Morse Hyun-Myung Tan will be the new dean of Liberty University School of Law beginning Jan. 1, the school announced Tuesday. Tan was most recently the ambassador at large for the U.S. State Department’s Office of Global Criminal Justice, where he oversaw the indictment, sanctioning, capture and/or conviction of war criminals in Sri Lanka, Rwanda, […]
Canadian frozen food company to create 67 jobs in Warren County
Montreal-based Nature’s Touch Frozen Foods LLC will spend $40.3 million to expand in Warren County, creating 67 jobs, Gov. Ralph Northam announced Tuesday. Harrisonburg-based InterChange Group Inc. will build a 126,000-square-foot facility for Nature’s Touch. The company will import raw materials directly to the new facility for processing and distribution. In 2014, Nature’s Touch establishe[...]
Va. expands Elizabeth River Tunnels toll relief program
The commonwealth of Virginia and Elizabeth River Crossings OpCo LLC have partnered to expand the Toll Relief Program, Gov. Ralph Northam announced Monday. Elizabeth River Crossings, partly owned by Spanish company Abertis Infraestructuras S.A, owns Elizabeth River Tunnels, and the program, which was established in 2016, will reduce Downtown and Midtown Tunnel tolls for those […]
Va. new employment claims rise slightly
Virginia’s new unemployment claims rose by about 19% last week, the Virginia Employment Commission reported Friday. For the filing week ending Nov. 6, Virginians filed 1,290 new claims, an increase of 202 from the week before. Continued claims totaled 24,922, a decrease of 6,642 from the previous week. Compared to the same week last year, […]
CACI wins $785M Army contract
Reston-based Fortune 500 contractor CACI International Inc. won a potentially $785 million contract to support the U.S. Army Special Operations Command (USASOC), the company announced Tuesday. Under the five-year single-award task order for Special Operations Forces Emerging Threats, Operations and Planning Support, CACI will provide expertise in integrated information warfare and electronic warfa[...]
Metal fabricator to add 22 jobs in Buchanan
Buchanan County-based metal fabrication company Skyline Fabricating Inc. will spend more than $675,000 to build a 25,000-square-foot production facility in the county’s Southern Gap area, creating 22 jobs, Gov. Ralph Northam announced Tuesday. The facility will help Skyline Fabricating meet increased demand for steel and aluminum fabricated products and its expanded customer base outside Virgini[...]
Stephen Moret to leave VEDP
Virginia Economic Development Partnership President and CEO Stephen Moret will leave VEDP to become president and CEO of Indianapolis-based Strada Education Network in January, Strada and VEDP announced Wednesday. Moret expects that VEDP’s board will appoint Executive Vice President Jason El Koubi to serve as interim CEO and a nationwide search will be conducted for […]
Custom Ink acquires corporate swag platform
Fairfax County-based online custom apparel company CustomInk LLC announced Monday that it had acquired New York City-based Swag.com, a platform for corporate swag and gifting. Financial terms of the transaction were not disclosed. “With Swag.com, we’ll help organizers and organizations meet the really important need of sustaining a sense of connection and community no matter […]
Dominion offshore wind farm cost climbs to $9.8B
Dominion Energy Inc.’s offshore wind farm will cost about $2 billion more than expected, the Richmond-based Fortune 500 utility’s chair, president and CEO, Bob Blue, said during a third quarter earnings call Friday. Instead of the previously estimated $7.8 billion, the 2.6-gigawatt Coastal Virginia Offshore Wind (CVOW) commercial project will cost approximately $9.8 billion, Blue [&hel[...]
Hampton Roads launches maritime workforce, economic initiatives
The Hampton Roads Maritime Collaborative for Growth and Innovation (HRMC) and Old Dominion University announced two maritime initiatives Thursday with the goal of strengthening economic development in the region. ODU President Brian Hemphill announced the establishment of the ODU Maritime Consortium, which will grow the university’s maritime-related degree and certificate programs. The conso[...]
Virginia Beach-based Groundworks acquires Philadelphia co.
Virginia Beach-based Groundworks, a foundation and water management solutions company, announced Wednesday its 21st acquisition since its founding five years ago. Financial terms were not disclosed. Groundworks has acquired Philadelphia-based BQ Basements and Concrete, which expands the company’s Northeast presence into greater Philadelphia, New Jersey and northern Delaware. It’s the t[...]
Reston-based CACI acquires SA Photonics Inc. for $275M
Reston-based Fortune 500 contractor CACI International Inc. entered into an agreement to acquire Los Gatos, California-based SA Photonics Inc., CACI announced Wednesday. Total purchase consideration is $275 million. The transaction is expected to close by the end of the year. SA Photonics develops and deploys multi-domain photonics technologies for free-space optical (FSO) communications, an area [...]
AT&T wins $182M contract with USAID
Oakton-based AT&T Public Sector and its FirstNet public safety wireless communications platform won a 10-year, $182 million task order from the U.S. Agency for International Development (USAID), if all options are exercised, the company announced Tuesday. The agreement was awarded via the General Service Administration’s Enterprise Infrastructure Solutions contract. USAID leads the gover[...]
Hunton Andrews Kurth adds government relations execs
Richmond law firm Hunton Andrews Kurth LLP has added two members to its Virginia government relations team, the firm announced last week. Elizabeth Rafferty and Adisa Muse, both based in Richmond, will serve as directors of government affairs for the firm’s full-service public affairs and strategies consultancy, which focuses on global economic development, commerce and […]
Breeden to develop $27M mixed-use project near RVA’s Diamond
Virginia Beach-based The Breeden Co. intends to build a $27 million mixed-use development, Duplex Station on Hermitage, on the former Cobb Lumber site near Richmond’s Scott’s Addition neighborhood and less than a mile from The Diamond ballpark, the company announced Monday. Located at 2300 Hermitage Road, the project is slated to include 142 apartments and […]
Recent real estate deals around Virginia
Cushman & Wakefield | Thalhimer represented the seller, LNR Property, in the $2 million sale of part of 260 Boush Street, a multiuse commercial and residential building in downtown Norfolk. Tidewater Community College is the purchaser of the 37,065-square-foot commercial space on the first floor, plus 99 parking spaces on the second floor of the […]
Charlottesville doctor elected president of Medical Society of Va.
A Charlottesville ophthalmologist has been elected president of the Medical Society of Virginia, the organization announced Wednesday. Dr. Mohit Nanda, a board-certified ophthalmologist affiliated with Virginia Retina Consultants, has more than 20 years of experience. He will lead the group, which represents more than 30,000 physicians, physicians-in-training, physicians’ assistants and medi[...]
Virginia ABC names first chief transformation officer
The Virginia Alcoholic Beverage Control Authority has named Elizabeth Chu its first chief transformation officer, the authority announced Wednesday. Chu will guide Virginia ABC’s transformative efforts to ensure priorities and objectives are met, overseeing project management and business transformation, as well as diversity, equity and inclusion, according to a news release from the state A[...]
