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ASGN Inc. buys Fredericksburg data science firm
ASGN Inc., which is moving its headquarters from California to Henrico County this month, announced Tuesday it has acquired Fredericksburg-based remote sensing and data science provider Skyris Inc. Terms of the transaction were not disclosed. ASGN is the parent company of Glen Allen-based recruiting firm Apex Systems LLC. The acquisition will allow ASGN to provide […]
Newsroom jobs eliminated at Free Lance-Star, News & Advance
Two more Virginia newspapers — The Free Lance-Star in Fredericksburg and The News & Advance in Lynchburg — have dismissed employees, following newsroom layoffs last week at three other publications owned by Lee Enterprises. Two editors, a page designer and two circulation clerks have been laid off at The News & Advance. Their jobs were […]
Fredericksburg firm lands $55M Navy contract
The U.S. Naval Surface Warfare Center Dahlgren Division (NSWCDD) awarded a $55 million contract to Fredericksburg-based engineering and technology contractor SimVentions Inc. to provide systems engineering and software development services, the company announced Friday. Under the five-year contract, SimVentions will work on the Track Management Engineering Analysis and Support system out of the NS[...]
Mary Washington renames academic hall for civil rights leader James Farmer
The University of Mary Washington Board of Visitors voted Friday to change the name of an academic building to James Farmer Hall, after James L. Farmer Jr., the civil rights activist who planned the first Freedom Riders protest in 1961 through the South, desegregating buses and encountering violence. Farmer, a native of Texas who lived […]
GSA awards Fredericksburg company $66M contract
The U.S. General Services Administration (GSA) awarded a $66 million contract to Fredericksburg-based information technology company IST Research LLC to perform large-scale data collection. The funding comes from the GSA’s Phase III SBIR (Small Business Innovative Research) contract and will run through June 2025. IST Research will support information collection operations for the federal go[...]
Virginia gets new digits
On Wednesday, the Virginia State Corporation Commission (SCC) announced that the North American Numbering Plan Administrator has assigned a new area code, 826, to relieve future exhaustion of the 540 area code, which is expected to occur in 2022. Residents and businesses in the affected region will not lose their existing 540 phone numbers under […]
Rappahannock Electric Cooperative CEO to retire
Fredericksburg-based Rappahannock Electric Cooperative (REC) announced Tuesday that president and CEO Kent D. Farmer, who has served since 2004, will retire Aug. 1. He has been with the company for a total of 41 years. “It has been my honor and privilege to lead REC and to serve its membership for the past 16 years,” […]
Reopening weekend largely positive for restaurants
Reopening weekend was largely positive for restaurants and other businesses in Virginia localities that entered Phase One of Gov. Northam’s Forward Virginia plan on Friday. “It was actually very busy,” said Brad Smith, general manager of Quaker Steak & Lube on Bristol’s State Street. “We were busy to the capacity we could be.” Smith had […]
Fredericksburg industrial buildings sell for $4.14M
Manassas Park-based Juliad Holdings LLC purchased two warehouse/industrial buildings in Fredericksburg for $4.14 million, Bethesda, Maryland-based commercial real estate firm Finmarc Management Inc. announced Monday. The buildings comprise 51,000 square feet in Juliad Court, approximately one mile from state Route 17 and Interstate 95, and were leased to four tenants at the time of the […]
Yount, Hyde and Barbour acquires Woodcock & Associates PC
Winchester-based accounting and consulting firm Yount, Hyde and Barbour (YHB) has acquired Fredericksburg-based accounting firm Woodcock & Associates PC, YHB announced late last week. Financial terms of the acquisition were not disclosed. Woodcock & Associates specializes in construction accounting and has worked with clients in the Greater Washington-Richmond corridor since 2000. The firm[...]
Atlantic Union Bank sells Fredericksburg building for $3.575M
Atlantic Union Bank sold one of its Fredericksburg office buildings for $3.575 million but will continue occupying the first floor, leasing it from the new owner, Cushman & Wakefield | Thalhimer announced this week. The 21,594-square-foot property located at 4805 Lassen Lane in Spotsylvania County is situated on approximately 2.24 acres located directly off U.S. […]
Former Dick’s Sporting Goods store in Fredericksburg sells for $2.6M
The site of a former Dick’s Sporting Goods Inc. store in Fredericksburg was sold for $2.6 million, Cushman & Wakefield | Thalhimer announced this week. DWMK LLC purchased the 50,227-square-foot retail store from AEI Income and Growth Fund, 23 LLC. The store closed in January 2017 and has since been vacant. The building sits on […]
