Owens & Minor leases new HQ in Henrico
Henrico County is getting a fifth Fortune 500 company. Global health care logistics and supply company Owens & Minor is moving from Hanover County to a new headquarters in Henrico‘s Innsbrook Corporate Center. The company is leasing the fourth floor of the Highwoods One building at 10900 Nuckols Road, according to Will Bradley, an executive […]
VDOT buys Owens & Minor’s Hanover HQ for $33.5M
The Virginia Department of Transportation has purchased the Mechanicsville headquarters of Owens & Minor for $33.5 million, with plans to move the state agency’s central office there in summer 2025. Much of VDOT‘s staff will move from the Annex building at 1401 E. Broad St. into the new building at 9120 Lockwood Blvd. in Hanover […]
Owens & Minor receives $1.1B DOD contract
Mechanicsville-based Fortune 500 global health care logistics firm Owens & Minor Inc. has received a $1.125 billion contract modification to provide medical surgical supplies to the military and federal civilian agencies, the Department of Defense announced Wednesday. The award is for a second 30-month option period of a contract with three 30-month possible periods for […]
Va. ABC telework plan diverges from Youngkin mandate
Employees at the Virginia Alcohol Beverage Control Authority’s Mechanicsville headquarters will be returning to in-person work three days a week, not the four or five days a week that will be required of many state workers beginning July 5, following Gov. Glenn Youngkin’s telework order earlier this month. Virginia ABC CEO Travis Hill sent an […]
Owens & Minor acquires home health care company for $1.6B
Mechanicsville-based Fortune 500 health care logistics company Owens & Minor Inc. announced Tuesday that it had closed its acquisition of Indianapolis-based Apria Inc. for a cash consideration of $1.6 billion. Owens & Minor funded the purchase with a combination of debt and cash on hand. The company is combining Apria and its Byram Healthcare Centers […]
Diversity, equity and inclusion
Brought to you by Virginia Business and Bank of America, join us every other month for the Diversity Leadership Series — virtual fireside chats with a diverse group of Virginia business leaders sharing their insights and thoughts on leadership, their career paths, and diversity and equity. Our series kicked off on July 20 with Brian […]
The Hilb Group acquires Medicare-focused firm, six Va. companies
Henrico-County based insurance company The Hilb Group LLC finalized its acquisition of Health Quote of Rhode Island Inc. on July 1, it announced Tuesday. Financial terms of the transaction were not disclosed. Health Quote specializes in Medicare offerings, and its clientele will join THG’s Medicare practice. THG CEO Ricky Spiro said in a statement, “Our […]
Chantilly systems integrator acquires Mechanicsville biz’s security solutions division
Chantilly-based tech systems integrator Corbett Technology Solutions Inc. (CTSI) announced last week it has acquired the integrated security solutions division of Mechanicsville-based electrical contractor Electrical Controls & Maintenance (EC&M). Financial terms of the transaction were not disclosed. EC&M was founded in 1996 and in 2001 launched its security systems integrator divis[...]
Mechanicsville apartment complex sells for $7.6 million
The Signal Hill Apartments complex in Mechanicsville sold for $7.6 million on March 26, according to Glen Allen-based real estate company Commonwealth Commercial Partners LLC. Signal Hill includes 68 units and one four-bedroom rental home and is located at 8111 Signal Hill Road. The property came on the market during fall 2019 and was sold […]
Owens & Minor names new board member
Mechanicsville-based Fortune 500 medical supply distribution company Owens & Minor Inc. has appointed retired U.S. Army Lt. Gen. Gwendolyn “Gwen” Bingham to its board of directors, effective March 5. Bingham is a retired three-star U.S. Army lieutenant general and most recently was the Department of the Army’s assistant chief of staff for installation management, providing […]