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Top Five August 2024
The five most popular daily news stories on VirginiaBusiness.com from June 12 to July 12 included news of Republican Gov. Glenn Youngkin’s appointees now holding a majority on the governing boards of Virginia’s state colleges and universities. 1 | Youngkin peppers university boards with GOP power players New members included some conservative movers […]
Chesterfield County facility sells for $9.3M
An entity associated with Barefoot Spas, a hot tub and swim spa manufacturer, sold a five-acre property in Chesterfield County to an entity associated with Maguire Hayden Real Estate Company, a Pennsylvania commercial real estate investment firm, on July 1 for $9.3 million, Cushman & Wakefield | Thalhimer Capital Markets Group and Industrial Services announced […]
Chesterfield County industrial properties sell for $9.85M
An industrial warehouse and about 11.6 adjoining acres in Chesterfield County were sold for $9.85 million, Cushman & Wakefield | Thalhimer announced earlier in June. According to county property records, 2001 Bellwood Road LLC purchased an 85,549-square-foot warehouse at 2001 and 1911 Bellwood Road and an additional 11.6 acres at 8331 and 8411 Fort Darling […]
Condair invests $57.2M on new Chesterfield County plant
Switzerland-based Condair Group, a manufacturer of commercial and industrial humidification systems, will invest $57.2 million to establish a new production facility in Chesterfield County that is expected to create 180 jobs, Gov. Glenn Youngkin announced Tuesday. The company will convert a pre-existing warehouse facility on 1410 Willis Road into a manufacturing facility, according to Horace [&h[...]
Top Five June 2024
1 | Google investing $1 billion in Virginia data center campuses Google is expanding its Virginia data center campuses this year and is launching a $75 million Google.org AI opportunity fund. (April 26) 2 | Richmond-based attorneys win U.S. Supreme Court case After nine years and through three U.S. presidents, attorneys […]
Weidmuller USA hires president and CEO
Randy Sadler is the new president and CEO of Chesterfield County-based industrial connectivity and automation company Weidmuller USA, German parent company Weidmüller Group announced Thursday. Sadler succeeds Bernd Schröder, who died unexpectedly in late 2023. Weidmüller Group creates smart industrial connectivity products and solutions to connect and automate electrical power and signaling [...]
The Lake takes shape in Chesterfield
The first wave of commercial tenants is coming to The Lake, a long-planned, 105-acre mixed-use development that’s slated to bring a surf park to western Chesterfield County. The Lake’s centerpiece will be a 13-acre artificial lake with a tow cable. It’s expected to be ready by summer 2025 for wakeboarding, kayaking, standup paddle boarding and […]
Electrolyzer manufacturer to build $400M plant in Chesterfield
Updated May 1, 2024 Topsoe, a Danish electrolyzer manufacturer, is planning to build a $400 million manufacturing facility in Chesterfield County after receiving $136 million in federal tax credits to help fund construction, the company announced Friday. The plant is expected to create about 150 jobs, according to a news release Friday from the offices […]
Sheetz starts construction on $2.4M Chesterfield property
Sheetz is building a store on 2.66 acres in Chesterfield County that it purchased for $2.45 million. The Altoona, Pennsylvania-based convenience store chain bought the property at 9420 Midlothian Turnpike from Gouldin Properties on March 18, according to county property records. Sheetz has started construction of a store at the site, according to a Tuesday […]
HHHunt starts work on 2,200-home development in Midlothian
Construction has started on a new master-planned community in Chesterfield County’s Midlothian area that will bring hundreds of single-family homes, town houses, apartments and commercial space. Glen Allen-based developer HHHunt and real estate investment firm GrayCo are developing The Aire at Westchester. The 334-acre tract is at Route 288 and Midlothian Turnpike on the western […]
Central Virginia Year-in-Review: Pumping the brakes
During the pandemic, companies began pumping the brakes on expansions out of fear of the unknown. But, using that same car-related analogy, by late 2021, they were flooring it, explains Greater Richmond Partnership President and CEO Jennifer Wakefield. And by 2022, they had kicked it into sport mode. “Now it’s shifted back into normal mode,” […]
Lego delays Chesterfield production start to 2027
Lego Group will begin production at its $1 billion Chesterfield manufacturing facility in 2027, at least a year later than originally planned, the Danish toymaker announced Thursday. The company also named Preben Elnef as project lead and Gray | Hourigan, a joint venture between Lexington, Kentucky-based Gray and Richmond-based Hourigan, as general contractor. Billund, Denmark-based […]
