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PeakLogix to be acquired by Michigan company
Chesterfield County-based PeakLogix, a national material handling systems integrator, has entered into a definitive agreement to be acquired by Michigan-based Alta Equipment Group Inc. Terms of the acquisition were not disclosed. Located in Midlothian, PeakLogix specializes in the design and installation of warehouse automation and storage systems. The company generated approximately $25 million i[...]
DuPont Spruance plant worker dies from coronavirus
An employee of the DuPont Spruance plant in Chesterfield County has died from COVID-19, the company announced Thursday. Earlier this week, the company confirmed that five plant employees, including the employee who died, had tested positive for COVID-19. The plant has employees working around the clock to produce material used to make personal protective equipment, […]
Chesterfield County furloughs 500+ employees
Chesterfield County will furlough more than 500 part-time and full-time county employees starting April 4 until further notice, the county announced Tuesday in a released statement. Employees were notified last week of the furloughs. “Unfortunately, we find ourselves in unusual circumstances as the national, state and local economies continue to be negatively impacted by COVID-19 […]
Avail Vapor divides its operations into three entities
Chesterfield County-based e-liquid manufacturing company Avail Vapor LLC divided its operations into three separate businesses as of Jan.1, the company announced Tuesday. The three entities each have different responsibilities and include: Avail Vapor LLC (vapor retailer), Blackbriar Regulatory Services LLC (contract manufacturing, FDA compliance consulting) and Blackship Technologies LLC (researc[...]
DuPont Spruance facility plans $75M expansion in Chesterfield
Technology-based materials producer DuPont de Nemours Inc. will invest $75 million to expand and modernize its Kevlar manufacturing plant in Chesterfield County over the next several years, Gov. Ralph Northam announced Tuesday. The DuPont Spruance factory employs 2,000 people and will add 60 more jobs as a result of the expansion. The plant, which opened […]
Shamin Hotels buys Richmond Times-Dispatch building for $14.4M
Chester-based Shamin Hotels has bought the Richmond Times-Dispatch building in downtown Richmond for $14.462 million from a Berkshire Hathaway Inc. subsidiary, Shamin President and CEO Neil Amin confirmed on Thursday. Shamin Hotels will be moving its headquarters into the four-story, 172,110-square-foot building at 300 East Grace Street later this year, sharing space with the Richmond […]
