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Home>Sydney Lake

Sydney Lake

Recent Articles from Sydney Lake

News January 28, 2021

Crown Holdings to build $145M aluminum can factory in Henry County

Yardley, Pennsylvania-based metal packaging tech company Crown Holdings Inc. will establish a $145 million aluminum can manufacturing operation in Henry County, creating 126 jobs, Gov. Ralph Northam announced Thursday. The company will build the 355,000-square-foot facility to be used for aluminum beverage can production in the Commonwealth Crossing Business Centre. Founded in 1892, the Fortune [&[...]

Stride, formerly K12, names new CEO
News January 27, 2021

Stride, formerly K12, names new CEO

Herndon-based online education provider Stride Inc., formerly K12 Inc., announced Tuesday that Nathaniel A. “Nate” Davis is retiring from his role as CEO and will be succeeded by James J. Rhyu. Davis joined the K12 board of directors in 2009 and was named chairman in 2012 and CEO in February 2018. He will remain with […]

News January 27, 2021

2020 withholding records from employers due Feb. 1

The commonwealth of Virginia’s Department of Taxation reminded employers/payers Wednesday that the final date to submit 2020 withholding records is Monday, Feb. 1. The final date to submit withholding records is typically Jan. 31, which falls on a weekend this year, and the deadline was moved to Feb. 1. “If you’re an employer or payer […]

News January 27, 2021

Three NoVa companies land $87M CDC contract

The Centers for Disease Control and Prevention (CDC) awarded Sterling-based contractor AlphaSix Corp. an $87 million contract to help the National Institute for Occupational Safety and Health (NIOSH) build a knowledge base, the company announced Tuesday. McLean-based Attain LLC and Arlington-based CACI International Inc. will serve as subcontractors on the award. The companies will work […]

News January 27, 2021

CACI wins $96M Army task order

The U.S. Army awarded Arlington-based federal technology contractor CACI International Inc. a $96 million task order to provide engineering and logistics services for the U.S. Army’s Medical Communications for Combat Casualty Care (MC4) Program, the company announced Tuesday. Under the task order, CACI will help the Army to integrate, test, train, deploy and sustain electronic […]

Luanne Pavco. Photo courtesy Avantus
People January 27, 2021

McLean tech company names president, chief delivery officer

Avantus Federal, a McLean-based IT defense contractor, announced Tuesday it has hired Luanne Pavco as president of Avantus Services and chief delivery officer. Pavco most recently served as regional general manager with Seattle-based consulting firm Slalom and also served on Avantus’ board of advisers. In her new role, she will oversee delivery and integrated talent […]

Mike Reynolds. Photo courtesy Caliburn
People January 27, 2021

Reston professional services firm names risk management VP

Reston-based professional services company Caliburn International LLC announced Tuesday it has promoted Mike Reynolds to vice president of risk management. With more than 35 years of experience, Reynolds joined Caliburn in 2020 as a program manager for risk management, supporting U.S. Department of State task orders in Erbil, Iraq and Somalia. Reynolds is a U.S. […]

News January 27, 2021

COVID-19 workplace safety, health rules become permanent Wednesday

Permanent COVID-19 workplace safety and health rules take effect Wednesday in Virginia, Gov. Ralph Northam announced, including standards that require all public-facing employees to wear masks as well as requiring businesses to provide ready access to hand sanitizer and regular common workspace cleaning. The rules range from appropriate personal protective equipment to sanitation, social distancin[...]

Perspecta corporate headquarters. Photo courtesy Perspecta
News January 27, 2021

Perspecta to be acquired for $7.1B in all-cash deal

Chantilly-based federal contractor Perspecta Inc. will be acquired for $7.1 billion by Herndon-based national security contractor Peraton, an affiliate of private investment firm Veritas Capital, in an all-cash deal, the companies announced Tuesday. Perspecta will combine with Peraton under the transaction, which is expected to close during the first half of 2021, according to a […]

News January 26, 2021

Freedom Bank, NVTC to seed $50K revolving loan fund for minority entrepreneurs

The Northern Virginia Technology Council (NVTC) and Fairfax-based Freedom Bank of Virginia announced Tuesday a $50,000 revolving loan fund for Northern Virginia entrepreneurs of color who have been affected by the pandemic.  NVTC and Freedom Bank of Virginia will seed the NOVA Technology Loan Fund, a gap financing program to be administered by the Springfield-based […]

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Top Stories

Gov. Glenn Youngkin announced LS Cable & System's plans for additional facilities in Chesapeake at the Patrick Henry Building in Richmond on Dec. 12, 2025. Photo by Katherine Schulte/Virginia Business.

LS Cable to add $689M factory in Chesapeake, creating 430 jobs

LS Cable & System is more than doubling its capital investment in Chesapeake manufacturing facilitie[...]

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL

Mars completes $36B Kellanova acquisition

McLean-based candy and pet care giant Mars announced Thursday that it has completed its $36 billion [...]

Depositphotos

Avio USA picks Virginia for $500M solid rocket motor factory

Avio USA plans a Virginia solid rocket motor facility, committing up to $500 million to expand U.S. [...]

Eaton to invest $50M in Henrico expansion, adding 200 jobs

Eaton to invest $50M in Henrico expansion, adding 200 jobs

Eaton will invest over $50 million to expand its existing manufacturing footprint in Henrico County [...]

Stocks slip as S&P 500 pulls back from record high

University board fight ends; Spanberger to fill 22 seats

The legal battle between Gov. Glenn Youngkin and state Senate Democrats over university boards of vi[...]

On Dec. 7, 2025, the $36 billion Mars-Kellanova acquisition was approved by the EU Commission.

EU approves $36B Mars-Kellanova buy; deal to close this week

McLean-based candy and pet care giant Mars has received the European Union's blessing to acquire Kel[...]

People

Fritz Sassine. Photo courtesy Virginia General Assembly

Virginia legislature appoints new automated systems director

9/12/2025

Greg Weatherford. Photo courtesy Virginia State Corporation Commission

SCC names new comms director

8/12/2025

Christiansburg-based financial institution Appalachian Community Capital has named Daniel Wallace its next president and CEO. Photo Courtesy Appalachian Community Capital

Appalachian Community Capital announces new CEO

5/12/2025

Regions

The Hard Rock Hotel & Casino Bristol produced $13.18 million in gaming tax revenue for 14 localities. Photo courtesy Hard Rock Hotel & Casino Bristol

Bristol hopes for bigger share of casino tax

The Hard Rock Hotel & Casino Bristol this November marked its first year in its permanent facili[...]

June 2025 for the record

FOR THE RECORD December 2025

Central Virginia  Pharmaceutical giants AstraZeneca, Eli Lilly & Co. and Merck & Co. have c[...]

Four cards and a stack of chips on a green felt table

Virginia casinos report $82M in October revenue

October gaming revenues for Virginia’s three casinos totaled $82.1 million, according to data the [...]

Virginia Intermont College campus owner modifies plans

Virginia Intermont College campus owner modifies plans

The owner of the former Virginia Intermont College in Bristol plans a new four-year school and mixed[...]


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