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Recent Articles from Sydney Lake
McLean tech, logistics provider names chief HR officer
McLean-based technology and logistics services provider OBXtek Inc. announced Friday that Sharon Harrington has been promoted to chief human resources officer. Harrington joined the company five years ago and has implemented an HR information system, a learning management system and an applicant tracking system. She most recently served as senior vice president of human resources. […]
Call center company to expand Martinsville, Stuart operations
Fort Lauderdale, Florida-based call center company The Results Cos. announced Friday it would add approximately 288 jobs to its Martinsville location and 118 to its Stuart location by the end of the year. All positions will be full-time job opportunities in the call centers with wages of $11.50 to $13.50 per hour, dependent upon location […]
Universal Corp. to acquire dehydrated foods company for $170M
Richmond-based international tobacco leaf supply company Universal Corp. announced Tuesday it has entered into a definitive agreement to acquire Momence, Illinois-based dehydrated vegetable, fruit and herb processing company Silva International for $170 million in cash. Following the transaction, Silva will operate as part of Universal’s plant-based ingredients platform, which includes FruitSmar[...]
Arlington tech company acquires Colo.-based firm
Arlington-based tech provider and consultancy Innovative Discovery LLC announced Thursday it has acquired Englewood, Colorado-based software company Integro. Terms of the transaction were not disclosed. Innovative Discovery, which is backed by private equity firm Silver Oak Services Partners, provides data management and risk mitigation services to law firms and corporations, while Integro provide[...]
Caesars officially signs on to develop Danville casino
By signing a legally binding development agreement Thursday for a resort casino at the former Dan River Mills industrial complex in Schoolfield, Caesars Entertainment Corp. has guaranteed a minimum of $5 million in gaming tax revenue each year the casino is in operation. Voters will decide in November whether the project will move forward. “Caesars […]
U.S. nonresidential construction spending fell in July
National nonresidential construction spending fell again in July by 1.2%, according to an Associated Builders and Contractors analysis of data published Tuesday by the U.S. Census Bureau. And ABC Chief Economist Anirban Basu says next year is shaping up to be an especially harsh one for contractors. Spending totaled $809.1 billion for the month of […]
McLean tech provider names cybersecurity director
McLean-based tech provider Saliense announced Wednesday it has hired Victor Florido as director of cybersecurity. With more than 18 years of experience, Florido was most recently the branch chief and senior cybersecurity adviser to the IT security services director of the General Services Administration. In his new role, he will lead development and delivery of […]
Newport News federal contractor names director, innovative solutions
Newport News-based federal contractor and professional services company ITA International has promoted Lauren Campbell to director of innovative solutions, effective Aug. 20. Joining the company in 2017, Campbell previously served as program manager of small business innovation research (SBIR) where she oversaw SBIR technology. In her new role will report directly to ITA International CEO [&hellip[...]
Loudoun County allocates additional $4.3M to small business grants
The Loudoun County Board of Supervisors has approved an additional $4.3 million in federal CARES Act funding to go to its COVID-19 Business Interruption Fund, which supports eligible small businesses impacted by the coronavirus with $5,000 grants. During the first three rounds of funding, Loudoun County disbursed $7.1 million to more than 1,000 businesses. “Even […]
Puritan Cleaners acquires HandCraft Cleaners
Richmond-based dry-cleaning business Puritan Cleaners has acquired HandCraft Cleaners, another Richmond-based, family-owned dry-cleaning company, the businesses announced Thursday. Terms of the transaction were not disclosed. “We are extremely pleased to welcome HandCraft Cleaners’ customers to the Puritan Cleaners family and are honored to have the opportunity to continue to provide them with[...]
