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Ashland

Mar 11, 2025

Randolph-Macon College names next president

Ashland’s Randolph-Macon College has chosen Michael E. Hill as its 16th president, effective Aug. 1, the college announced Tuesday. Hill is currently president of Chautauqua Institution, a western New York nonprofit educational institution for children and adults that runs extensive theater, music and other arts programming during its nine-week summer season. He will succeed Randolph-Macon [[...]

Walthall Distribution Center in Chesterfield County. Image courtesy Lingerfelt
Mar 17, 2023

Four Richmond-area distribution centers sell for $105.6M

A joint venture between Glen Allen-based Lingerfelt and Swiss private investment firm Partners Group bought three Chesterfield County distribution centers and one Hanover County facility for $105.6 million, Lingerfelt announced Friday. The four multi-tenant facilities are 100% leased to 18 tenants and total 1.16 million square feet. The properties were developed between 2000 and 2003. […]

Tommy Clements. Photo courtesy VSC Fire & Security Inc.
Jan 31, 2023

Ashland fire protection firm CEO retires

Ashland-based VSC Fire & Security (VSC) President Tommy Clements has assumed the added role of CEO, following former CEO Mike Meehan’s retirement, the fire protection and security company announced in mid-January. Meehan retired on Dec. 31, 2022. He will continue to serve on the board of directors as non-executive chairman. “The past 43 years have […]

Sep 15, 2022

Lutron Electronics to build $28.3M factory in Ashland

Pennsylvania-based Lutron Electronics will invest $28.3 million to build a 145,000-square-foot manufacturing plant in Ashland, creating 200 jobs, Gov. Glenn Youngkin announced Thursday. Lutron manufactures lighting controls, automated shading solutions, and intelligent lighting fixtures for residential and commercial applications. Lutron already has a sales office and training center in Ashland lo[...]

Aug 23, 2022

Hanover County business center sells for $41M

Baltimore-based Merritt Properties announced Tuesday it has purchased Crescent Business Center in Ashland from Crescent Business Center LC, a Thalhimer Realty Partners Inc. development, for $41.3 million. The Hanover County business center includes five industrial buildings with 262,256 square feet of space on 20 acres and are 100% occupied, including Trane U.S. Inc., Electronic Systems, […[...]

Nov 11, 2021

Performance Food Group to build $80M facility in Hanover

Performance Food Group Co., the Goochland-based Fortune 500 food distribution corporation, plans to invest $80.2 million on a new facility in Hanover County, creating 125 jobs, Gov. Ralph Northam announced Thursday. The regional sales and distribution center will be housed in a 325,000-square-foot building in Ashland. “This new facility will be instrumental in advancing Virginia’s [&hellip[...]

Nov 30, 2020

Capital Region Small Business Development Center opens in Richmond area

Now part of the state’s Small Business Development Center (SBDC) network, the Capital Region SBDC opened this month to assist Richmond-area small business owners, Virginia Community Capital announced Monday. Funded by the U.S. Small Business Administration with $192,000 in CARES Act money, plus matching grant funds from regional sources, the center will provide COVID-19 assistance, […[...]

Creative Environments Office at 11798 N. Lakeridge Pkwy. in Ashland
Feb 25, 2020

Building in Ashland’s Northlake Business Park sells for $9.1M

The Creative Office Environments building in Ashland has sold for $9.1 million to New York City-based One Liberty Properties Inc., Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Tuesday. The 88,003-square-foot property is located at 11798 N. Lakeridge Parkway in Ashland and is the headquarters for workplace interiors and technology provider Creative Office Environments[...]

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