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Coffee roaster to invest $29M to expand Suffolk facility
Massimo Zanetti Beverage USA, the North American operating unit of the Italian coffee roaster Zanetti Beverage Group, will invest $29.1 million to consolidate and expand operations at its Suffolk roasting facility, a project expected to create 79 jobs, Gov. Glenn Youngkin announced Monday. “Massimo Zanetti Beverage USA’s continued expansion in Virginia speaks volumes about the […]
Hampton Roads Community Foundation elects new chair
The Hampton Roads Community Foundation Board of Directors elected Sharon Goodwyn as chair, the foundation announced last week. An attorney at Hunton Andrews Kurth LLP, Goodwyn is the first African American and the first woman to serve as chair of the foundation, which was established in 1950. She served as vice chair of the board […]
ACI expands Hampton Roads footprint
Richmond-based Atlantic Constructors Inc. is expanding its presence in Hampton Roads with a new 39,000-square-foot facility in Suffolk and 75 new jobs, the company announced June 2. Previously, ACI had three small offices in Hampton Roads, and the company has consolidated two of them into a larger, more modern facility, a company spokesperson said. The […]
Economic growth to continue slowing, ODU experts say
The U.S. economy will continue to slow in the second half of 2022 and a recession is increasingly likely, according to the Old Dominion University’s Dragas Center for Economy Analysis and Policy’s mid-year economic forecast released Friday. Increases in inflation are expected to slow as well but harden, leaving costs elevated, report Robert McNab and […]
ODU to create supply chain, logistics, maritime school
Old Dominion University will create a School of Supply Chain, Logistics, and Maritime Operations, pending approval from the State Council of Higher Education for Virginia, the university announced Friday. In its June meeting, the university Board of Visitors approved a resolution to create the school, effective Oct. 15. “Coordinating our academic and research initiatives through […]
Tech manufacturer to add 32 jobs in Newport News
Newport News-based automated machinery designer Mühlbauer Inc. will invest $9 million to expand its Newport News operation, a project expected to create 32 jobs, Gov. Glenn Youngkin announced Thursday. Mühlbauer Inc. is the U.S. subsidiary of German company Mühlbauer Group. The company will make upgrades to its Oakland Industrial Park facility and add production equipment. […]
Colonna’s Shipyard promotes three execs
Norfolk-based Colonna’s Shipyard Inc. announced Monday it had promoted three executives to senior management positions, effective in July. CSI has promoted Jordan Webb from vice president of contracts to vice president of shipyard operations; Randall Crutchfield from chief experience officer and executive director of Steel America and Weld America to vice president of industrial operations [&hel[...]
Breeden breaks ground on Newport News apartments
The Breeden Co. is breaking ground on a $33 million apartment project in the Huntington Pointe area of Newport News, the Virginia Beach-based real estate firm announced Thursday. Avant, located off Denbigh Boulevard, will have 176 one-, two- and three-bedroom apartments between 672 and 1,517 square feet each. Breeden Construction will serve as the general […]
Gilbert Bland to receive Civic Leadership Institute award
Urban League of Hampton Roads President and CEO Gilbert T. Bland will receive the Civic Leadership Institute’s 2022 Individual Darden Award, the Norfolk-based nonprofit organization announced Thursday. “Over the last three decades, I have joined with many to build upon the efforts of countless, often unsung, past leaders to help improve the lives and build […]
Four Va. businesses to receive flood solutions funding
Four Virginia-based small businesses focused on coastal resiliency and flooding will receive funding to develop their products, Norfolk-based nonprofit RISE Resilience Innovations announced Thursday. Divided between rural and urban projects, there were eight winning projects, with the other four based in North Carolina. More than 70 projects were submitted. The urban winners will receive up [&hell[...]
Ferguson parent company moves primary listing to NYSE
The U.K.-based parent company of Newport News plumbing, HVAC and industrial product distributor Ferguson Enterprises LLC has transferred its primary stock listing from the London Stock Exchange to the New York Stock Exchange, Ferguson PLC announced Thursday. “We are excited to achieve this key milestone as our listing structure is now fully aligned with our […]
Globalinx to add new subsea cable landing site in Va. Beach
Virginia Beach will have four more subsea bore pipes in Sandbridge by the third quarter of 2023, infrastructure that will allow more high-speed subsea cables connecting Virginia to Europe, Asia, the Caribbean and the Americas, the city announced Friday. Virginia Beach-based Globalinx Subsea Colocation provides colocation space for MAREA, BRUSA and DUNANT high-speed subsea telecommunication [&helli[...]
