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TowneBank sells resort property management segment for $250M
Suffolk-based TowneBank announced Monday it has sold its Towne Vacations division for $250 million to Bellcrest Vacations Acquisitions.
Portsmouth coffee manufacturer announces new president
Massimo Zanetti USA announced last week that it has promoted Senior Vice President of Sales and Marketing Matthew Smith to president.
TowneBank appoints new CIO
TowneBank announced Monday that it has appointed Varun Chandhok as senior executive vice president and chief information officer.
A. Duie Pyle buys Suffolk land for $24M, plans logistics campus
Transportation and logistics company A. Duie Pyle has purchased a 43-acre site at the Port 460 Logistics Center in Suffolk for $24 million.
TowneBank completes $476M acquisition of Dogwood State Bank
Suffolk-based TowneBank announced Monday that it has completed its $476 million acquisition of North Carolina-based Dogwood State Bank.
TowneBank completes $203M acquisition of Old Point
TowneBank has closed its $203 million acquisition of Hampton-based Old Point National Bank of Phoebus and its parent company.
TowneBank to acquire N.C. bank for $476M
Suffolk-based TowneBank announced Tuesday that it has signed an agreement to acquire North Carolina-based Dogwood State Bank for about $475 million.
MSI opens $61.6M Suffolk distribution center
MSI, a California-based flooring, countertops, and tile supplier, opened its $61.6 million East Coast distribution facility in Suffolk.
Sentara reorganizes to market-based model
Sentara Health has changed its operating model to a regional market-based system, the Virginia Beach-based health system announced May 13.
Bon Secours opens Harbour View hospital in Suffolk
Bon Secours on Tuesday will officially open its new $80 million 100,000 square-foot Harbour View Medical Center in Suffolk.
New logistics centers boost Virginia’s supply chain edge
Four major logistics hubs, including Amazon and Port 460, open across Virginia in 2024, enhancing East Coast distribution and supply chain access.
