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CV International subsidiary acquires Ga. shipping company
Norfolk-based CV International Inc. subsidiary Capes Shipping Agencies announced Wednesday that it had acquired Savannah, Georgia-based Ryan Ship Services LLC. Financial terms of the transaction were not disclosed. “This merger will be a great fit for both of our companies, and the timing was perfect,” CVI President and CEO Mike Coleman said in a statement. […]
Solid prospects
Detlev Peters has walked into convenience stores in the Hampton Roads area a couple of times recently to find the candy aisle shockingly empty. “Hershey’s, Reese’s, M&M’s, everything, like they would just have a clean shelf of just nothing,” marvels Peters, who graduated with a degree in maritime and supply chain management from Old Dominion […]
Summer dreams
Tournaments at the Virginia Beach Sports Center. Events at the Virginia Beach Convention Center. A busy Oceanfront boardwalk. That was the scene in Virginia Beach during just one weekend in mid-March. And it was the perfect “prelude” to the summer travel season, says John Zirkle, general manager of the DoubleTree by Hilton Virginia Beach. “The […]
Woods Rogers, Vandeventer Black law firms to merge July 1
Woods Rogers PLC and Vandeventer Black LLP announced Wednesday that the two law firms have agreed to merge as Woods Rogers Vandeventer Black, creating the state’s fifth-largest firm, with more than 130 attorneys and a total workforce of 250 people. The merger will go into effect July 1. Daniel Summerlin, president of Roanoke-based Woods Rogers, […]
Norfolk mobile home parks sell for $9.75M, $6.4M
Two mobile home parks in Norfolk have sold, one for $9.75 million and one for $6.4 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Thursday. Located at 6659 E. Virginia Beach Blvd., Smitty’s Mobile Home Park consists of 136 pad sites on about 12.3 acres. Bonaventure bought the property from Hendrick Family LLC […]
Sentara Healthcare names new general counsel
Earl Barnes will join Sentara Healthcare as its general counsel on June 2, the Norfolk-based health system announced Tuesday. Barnes previously was executive vice president and chief legal officer for Chicago-based Amita Health. In that role, he managed the legal, compliance, audit and risk departments, leading a 60-person team and managing a $10 million annual […]
Norfolk cement company to invest $37M in new dome
Norfolk-based Titan America LLC, a producer of heavy building materials, announced last week it will construct a 70,000-ton dome in Chesapeake, a project estimated to cost $37 million. Titan will build the dome to hold bulk storage, adding to its current 35,000-ton capacity at its Roanoke Cement import terminal. According to the company, the expansion […]
Military contractor to add hundreds of jobs in Norfolk
Fairfax-based military contractor WR Systems will expand its Norfolk campus, Norfolk Mayor Kenneth Cooper Alexander announced at the city’s annual State of the City address on Thursday. The Norfolk campus currently houses more than 320 employees and will add several hundred jobs, Alexander said. “In making the decision, they shared that Norfolk’s position as a […]
Norfolk Tourism Foundation names new director
The Norfolk Tourism Foundation and VisitNorfolk announced Thursday that Kelsey Backe is the foundation’s new director. “I am thrilled to be able to join the Norfolk Tourism Foundation and to put my skills to use supporting our current hospitality workers, our future hospitality workers and tourism research initiatives that will help our community invest wisely […]
ODU and IALR to launch manufacturing engineering tech degree
Old Dominion University will launch Virginia’s first four-year degree in manufacturing engineering technology (MfgET) at its Norfolk campus and a satellite campus at The Institute for Advanced Learning and Research (IALR) in Danville, the university announced Thursday. “This partnership reinforces Old Dominion University’s commitment to workforce development and leadership in the mar[...]
Norfolk distribution center to create 200 jobs
A Massachusetts-based logistics services company plans to build a distribution and fulfillment center in Norfolk expected to produce 200 jobs, RoadOne IntermodaLogistics announced Tuesday. The company did not disclose the cost of the 340,000-square-foot facility, which will be six miles from the Port of Virginia’s terminals. It’s the fourth new transload facility RoadOne has added [&he[...]
Retaining walls
With COVID-19 limiting travel and site visits for companies considering coming to Hampton Roads, economic development officials focused on shoring up existing businesses in 2021. That strategy appears to have paid off, judging by the number of companies expanding throughout the region. “2021 has been a banner year for us,” says Norfolk Economic Development Director […]
