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Home>Sydney Lake

Sydney Lake

Recent Articles from Sydney Lake

News February 16, 2021

Manufacturer announces $10.7M expansion in Montgomery County

Motion control product manufacturer Moog Inc. will invest $10.7 million to transfer existing jobs and equipment from its Blacksburg facilities to a larger building in Montgomery County, Gov. Ralph Northam announced Tuesday. The investment will also create 75 jobs. Founded more than 65 years ago, East Aurora, New York-based Moog Inc. designs, manufactures and integrates […]

PenFed expands partnership with The Washington Justice
News February 16, 2021

PenFed expands partnership with The Washington Justice

Tysons-based PenFed Credit Union announced Tuesday it is expanding its partnership with The Washington Justice, the professional esports Overwatch League for the Virginia, Maryland and Washington, D.C., area, into a three-year sponsorship. PenFed, which is one of the nation’s largest federal credit unions, will be featured as an official Jersey Patch Partner for the team […]

Plan graphic courtesy SCHEV
News February 16, 2021

SCHEV releases updated goals for higher ed in Va.

The State Council of Higher Education (SCHEV) on Tuesday released an updated statewide strategic plan, which focuses on making higher education more “equitable, affordable and transformative.”  The Pathways to Opportunity: The Virginia Plan for Higher Education (The Plan) is reviewed every six years.  “The events of 2020 — COVID-19, social justice reforms and concerns about […]

News February 16, 2021

McLean satellite operator eyes Chapter 11 emergence

McLean-based satellite operator Intelsat Corp. announced Friday it has the support of creditors to financially restructure under Chapter 11 bankruptcy, which would decrease the company’s debt from nearly $15 billion to $7 billion. “Today’s filings and the significant consensus already achieved on the plan pave the way for the company’s emergence from the Chapter 11 […]

Erin Stanley. Photo courtesy Smith Mountain Lake Regional Chamber of Commerce
People February 16, 2021

SML Chamber names member relations, events manager

The Smith Mountain Lake Regional Chamber of Commerce announced Tuesday that it has hired Erin Stanley as its member relations and events manager, effective March 1. Stanley has previously worked in advertising, marketing, sales and business development with The Roanoke Times, Laker Media and WSLS-10. In the chamber’s newly created role, she will oversee member […]

Zack Brandau (left) and Will Russell. Photo courtesy Core Assurance
People February 16, 2021

Va. Beach insurance company names president, VP

Virginia Beach-based insurance company Core Assurance Partners Inc. announced Tuesday that Zack Brandau has been named as president and Will Russell has been named as vice president. Brandau, a founding principal of the firm, will oversee the firm’s daily operations and growth initiatives. He succeeds Doug Russell, who had served as president since 2017. Brandau […]

Lance Collins. Photo courtesy Virginia Tech
People February 16, 2021

Virginia Tech Innovation Campus director named to National Academy of Engineering

Virginia Tech announced Monday that Lance R. Collins, vice president and executive director of the university’s Innovation Campus, was elected to the National Academy of Engineering for 2021. The former Joseph Silbert Dean of Engineering at Cornell University was named as head of Tech’s Innovation Campus in February 2020. He had led Cornell’s college of […]

Raffaella De Vita. Photo courtesy Virginia Tech
People February 16, 2021

Virginia Tech professor named as engineering fellow

Virginia Tech announced Monday that biomedical engineering and mechanics professor Raffaella De Vita has been elected to the American Institute for Medical and Biological Engineering (AIMBE) College of Fellows. The institute’s membership includes more than 2,000 fellows who are recognized leaders in the medical and biological fields. De Vita has been with Virginia Tech since […]

News February 16, 2021

Fairfax and Prince William federal contractors launch joint venture

Herndon-based systems integration company Tyto Athene LLC and Veterans First Initiative (VFI) LLC of Prince William County have launched a joint venture: Haymarket-based Optima Government Solutions LLC.  Optima will provide IT services including engineering and systems integration to the U.S. federal government and U.S. Department of Defense. The joint venture is a service-disabled veteran-owned[...]

News February 16, 2021

General Dynamics wins $111.8M Army contract

The U.S. Army awarded the ordnance and tactical systems unit of Reston-based Fortune 100 defense contractor General Dynamics Corp. a $111.8 million contract to provide bomb hardware to the branch, the Department of Defense announced Friday. Under the contract, General Dynamics will provide general-purpose tritonal bomb hardware, also known as Mk-90 series bomb components. General […]

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Top Stories

CarMax names Barr as next CEO

Goochland County-based CarMax on Thursday named Keith Barr as its next president and CEO, who will t[...]

A data center in Ashburn. Photo by Emily Richardson/CNS

House subcommittee punts on data center bill, but hopes to ‘continue the work’

Virginia lawmakers heard testimony for and against the measure before continuing the bill to 2027.

Jim and Augustine Smith. Photo courtesy of the Smiths.

Couple donates $20M for Virginia Tech medical scholarships

A $20M gift to Virginia Tech Carilion School of Medicine will fund in-state scholarships and help ad[...]

MacArthur Center mall was built in 1999. The city announced it will be demolished this year to make way for a redevelopment. Photo courtesy Norfolk Convention & Visitors Bureau Offices

Norfolk’s MacArthur Center to be demolished this year

The city of Norfolk announced Friday that it will close and demolish the MacArthur Center mall as pa[...]

Boar’s Head reopens Jarratt plant tied to deadly listeria outbreak

Boar’s Head reopens Jarratt plant tied to deadly listeria outbreak

Boar’s Head Provisions reopened its Jarratt meat plant Monday, roughly a year and a half after clo[...]

Gov. Abigail Spanberger speaks during the InternshipsVA event Feb. 4, 2026, at the Omni Hotel Richmond. Photo courtesy Virginia Economic Development Partnership

State commits $14.5M yearly for new paid internship program

Virginia political, higher education and economic development leaders announced InternshipsVA, a new[...]

People

BAE Systems announced that it has appointed Mona Bates as senior vice president and chief information and digital officer, effective Feb. 23. Photo courtesy BAE Systems

BAE Systems hires new chief information and digital officer

12/2/2026

VPM announced that longtime financial executive Ed Brown has joined the company as its new chief financial officer. Photo courtesy VPM

Richmond public media company taps new CFO

11/2/2026

Steven S. Diel. Photo courtesy Universal Corp.

Universal Corp. names CFO after withdrawing offer to another

10/2/2026

Regions

Norfolk casino General Manager Ron Bailey leads a tour of the Interim Gaming Hall, which opened in November 2025. Photo by Kristen Zeis

Will new casino be a jackpot for Norfolk?

Norfolk’s $750M casino project is on track for 2027, but rising competition and lower tax projecti[...]

Clarke County Industrial Development Authority Chair William Waite, Clarke County Director of Economic Development & Tourism Michelle Ridings and Clarke County Board of Supervisors Chair David Weiss stand at the site of a proposed business park. Photo by Norm Shafer

Clarke to repurpose ex-prison site into business park

Clarke County’s long-planned second business park has taken a significant step toward becoming[...]

InternshipsVA could help the region retain talent, says EO’s Travis Staton. Photo by Earl Neikirk

EO to lead internship development program

A new statewide initiative is connecting Southwest Virginia businesses with emerging talent at the r[...]

Vinton Town Manager Pete Peters at Extended Stay America Premier Suites site Photo by Natalee Waters

Roanoke Valley confronts hotel room shortage

As a trio of hotels shuttered in the city over the past several years, the number of rooms available[...]


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