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Recent Articles from Rich Griset
Northam commits additional $20M to economic recovery fund
Gov. Ralph Northam has allocated an additional $20 million in federal CARES Act funding to assist more than 300 small businesses and nonprofits through the Rebuild VA economic recovery fund. The new funding will meet demand for the Rebuild VA program and fulfill pending grant applications for small businesses and nonprofits that applied before the […]
Richmond city government solicits proposals for resort casino
Richmond has issued a request for qualifications/proposals, the first step in launching a competitive process for bringing a resort casino to the state capital, subject to voter approval. Earlier this year, Gov. Ralph Northam signed legislation allowing five economically challenged cities — including Richmond — to open casinos. Voters in Bristol, Danville, Norfolk and Portsmouth […]
Industrial hemp company to locate in Rockingham
Using the trade name Pure Shenandoah, Elkton-based Shenandoah Valley Hemp LLC will invest nearly $3.3 million to establish an industrial hemp fiber processing and cannabidiol (CBD) oil extraction facility in Rockingham County, creating 24 jobs. The company has committed to purchasing 100% of its industrial hemp from Virginia growers, resulting in nearly $5 million in […]
Arlington-based Magellan Federal gets $111M for DOD personnel assistance services
Arlington-based Magellan Federal, a subsidiary of Phoenix-based Magellan Health Inc., has secured a potential five-year, $111 million contract from Washington Headquarters Services to help Department of Defense employees maintain work-life balance. According to the DOD, Magellan will help the Defense Civilian Personnel Advisory Service manage an employee assistance program under the indefinite-del[...]
Short Pump Hilton faces receivership, foreclosure
The Hilton Richmond Hotel and Spa in Short Pump, the flagship of Chester-based Shamin Hotels’ empire, may change hands as a result of the COVID-19 pandemic. According to a complaint filed in Henrico County Circuit Court on Dec. 2, 12042 West Broad Street Holdings LLC, the Bethesda, Maryland-based noteholder on the property, alleges a breach […]
Dominion announces construction has begun on offshore wind vessel
Dominion Energy Inc. announced Wednesday that construction has begun on the utility’s new vessel that will ferry the workers and huge components needed for its planned buildout of the largest offshore wind farm in the country off the coast of Virginia Beach. Named Charybdis after the sea monster from Greek mythology, Dominion’s U.S.-flagged ship will […]
Kitty Hawk offshore wind project to create 600 jobs in Hampton Roads area
Avangrid Renewables, a subsidiary of Connecticut-based Avangrid Inc., submitted construction and operations plans on Dec. 11 for the first phase of its Kitty Hawk Offshore Wind project, a development it says will generate $2 billion in economic impact between 2021 and 2030 and create nearly 800 jobs in Virginia and North Carolina. Located 27 miles […]
Virginia leads nation in COVID-19 app use
Amid grim headlines related to the coronavirus, Virginia has one piece of bright news — the commonwealth leads the nation in the percentage of citizens who have downloaded a COVID-19 app to alert users about possible instances of exposure to the coronavirus. According to a Dec. 7 report from The New York Times, a higher […]
CACI receives $160M Air Force network operations support task order
Arlington-based federal technology contractor CACI International has secured a potential $160 million task order to provide information technology support for U.S. Air Forces Central Command’s Network Operations and Security Center (AFCENT NOSC). On Thursday, CACI said it will offer networking, cyber, help desk and technical support to multiple AFCENT NOSC sites for four-and-a-half years through[...]
Northrop Grumman books $73M Air Force contract to update missile tech
Falls Church-based Fortune 500 aerospace and defense contractor Northrop Grumman Corp. has received a $73.2 million delivery order from the U.S. Air Force to incorporate new capabilities into a remote visual assessment tool in support of the Minuteman III missile’s production and deployment. The company will modify the Remote Visual Assessment II program to enable […]
