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Norfolk

Dec 10, 2020

Va. initial jobless claims nearly doubled last week

The number of initial jobless claims filed last week jumped 93.5% — its highest level since the Aug. 8 filing week, the Virginia Employment Commission reported Thursday. For the week ending Dec. 5, 16,654 Virginians filed initial claims for unemployment, nearly a two-fold increase of 8,048 from the previous week.  “While one week doesn’t constitute […]

Amazon delivery driver loading van. Photo courtesy Amazon
Dec 8, 2020

Amazon creating 200 more jobs in Hampton Roads

Amazon.com Inc. announced Tuesday it will open two additional delivery stations in Hampton Roads in 2021, creating more than 200 full- and part-time jobs. The ecommerce giant announced in March it would build two operations facilities in Hampton Roads (in Suffolk and Chesapeake), creating an expected 1,500 jobs. The additional delivery stations announced Tuesday will […]

Cameron Hogan
Dec 3, 2020

IronArch Technology names chief strategy, growth officer

McLean-based federal consulting firm IronArch Technology LLC announced Tuesday it has hired Cameron Hogan as chief strategy and growth officer. With more than 30 years of experience, Hogan was most recently the chief strategy officer at Norfolk-based consultancy Falconwood Inc. In his new role, he will focus on corporate growth while IronArch transitions from a […]

Dec 3, 2020

Va. jobless claims fall to lowest level since March

The number of initial jobless claims filed last week fell to its lowest level since the pandemic’s employment effects began to be felt in mid-March, the Virginia Employment Commission reported Thursday. Initial jobless claims in Virginia dropped by 29.7% last week compared with the previous filing week, according to the VEC, while continued claims fell […]

Dec 2, 2020

These 16 Va. companies received $10M PPP loans

The U.S. Small Business Administration on Tuesday released additional information about all approved borrowers from its $659 billion Paycheck Protection Program (PPP) small business relief program, this time including exact company names, loan amounts, addresses and other information.  Previously, the government in early July had released an incomplete list of recipients, including only ranges of[...]

Nov 30, 2020

TCC names vice president of institutional advancement

Tidewater Community College in Norfolk has named Stan Turbeville as its vice president of institutional advancement. Turbeville brings 25 years of leadership experience to the post, including serving as vice president for college advancement for James Sprunt Community College in Kenansville, North Carolina, and working as director of marketing and public information for Guilford Technical [&hellip[...]

USS Wasp. Photo courtesy BAE Systems
Nov 25, 2020

BAE Systems lands $237.7M Navy contract

The U.S. Navy awarded BAE Systems Norfolk Ship Repair, a business unit of Arlington-based defense contractor BAE Systems Inc., a potential $237.7 million contract to drydock and perform maintenance and modernization work on the USS Wasp assault ship, the company announced Tuesday.  Under the contract, BAE Systems will begin working on the 843-foot-long USS Wasp […]

Nov 19, 2020

Norfolk startup initiative launches

The Norfolk Innovation Corridor (NIC), an initiative to attract and retain startups in the region, launched on Thursday, Old Dominion University announced. Qualifying startups and company expansions can receive tax incentives (abatement of Business, Professional and Occupational License taxes at 100% for two years and 50% for three years) through the NIC, in collaboration with […]

Ashton Apartment Homes rendering courtesy S.L. Nusbaum
Nov 18, 2020

Construction begins on $20M Norfolk apartment complex

Construction began late last week on a $20 million apartment complex at the site of the former American Cigar Co. in Norfolk, according to S.L. Nusbaum Realty Co. The 118-unit complex (including one-, two- and three-bedroom floor plans) will be located at 1140 and 1148 E. Princess Anne Road in Norfolk’s Bruce’s Park neighborhood. The […]

USS Stout. Photo courtesy U.S. Navy
Nov 18, 2020

BAE Systems wins potential $100M Navy contract

The U.S. Navy awarded BAE Systems Norfolk Ship Repair, a business unit of Arlington-based defense contractor BAE Systems Inc., a potential one-year, $100.5 million contract to perform work on the USS Stout ship, the U.S. Department of Defense announced Tuesday. Under the contract, BAE Systems Norfolk Ship Repair will perform ship maintenance, repair and modernization […]

Transportation
Nov 17, 2020

Hampton Roads Navy installations under increased COVID-19 restrictions

U.S. Navy personnel in Hampton Roads were ordered Tuesday to restrict their travel to work, home and essential stops, and avoid gathering in groups of more than 10 people. Rear Adm. Charles W. Rock, commander of the Navy’s mid-Atlantic region, issued the order after an increase in COVID-19 cases. The following restrictions — labeled “Health […]

661 Independence Parkway. Photo courtesy Colliers
Nov 17, 2020

Chesapeake office building sells for $4.25M

An office building in Chesapeake has sold for $4.25 million, Colliers International announced Monday. Located at 661 Independence Parkway, the 50,000-square-foot Class A office building sits on more than 11 acres in the Battlefield Commerce Park area. Matsushita Real Estate Corp. of America sold the property to Hooked Group LLC, which plans to occupy part […]

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