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Va. Beach defense contractor wins $229.4M Navy contract
The U.S. Navy awarded Virginia Beach-based QED Systems Inc. a potential three-year, $229.4 million contract to help the branch develop specifications and implement an availability strategy for multiple naval ship classes, the U.S. Department of Defense announced Wednesday. QED Systems will perform support work referred to as “third party planning services” for the Navy’s guided-m[...]
Va. Beach PPE manufacturer will create 180 jobs with $5.3M expansion
Premium-PPE, a manufacturer of AmeriShield branded masks and personal protective equipment, will invest $5.3 million to expand its Virginia Beach operations, creating 180 jobs, Virginia Gov. Ralph Northam announced Thursday. Premium-PPE is a subsidiary of Premium Estore LLC (doing business as PremiumEcigarettes), an e-cigarette product manufacturer that in March began operating as Premium-PPE to f[...]
Va. Beach Economic Development, 1701 Coworking select entrepreneurship program participants
Virginia Beach Economic Development and Virginia Beach-based 1701 Coworking announced Friday it has selected two participants for its three-month Entrepreneur-in Residence (EIR) program. Kate Johnson with Heritage Business Services and freelance educator Meghan Raftery were selected for the program, which provides training in hiring, strategic planning and other business practices. “The entr[...]
A reason to smile
Kathy Magee, co-founder and president of Operation Smile, will be featured on Lay’s potato chip bags as part of Frito-Lay’s Smile with Lay’s national campaign, the Virginia Beach-based nonprofit announced Wednesday. The snack food giant’s revived campaign features 30 smiles of “ordinary people”, including Magee, who is a former nurse and social worker. She start[...]
Two Va. companies included in $165.1M Army, Navy contract
Two Virginia-based companies were awarded parts of a $165.1 million contract to provide program management and technical services for the U.S. Army and Navy’s assault craft, submarines and surface ships. A total of five companies will work on the contract. Virginia Beach-based QED Systems Inc. was awarded $30.4 million and Arlington-based Gibbs & Cox was […]
Va. Beach company names chief franchising officer
Virginia Beach-based franchise business operator Franchise Group Inc. announced Monday that Todd Evans has been hired for the company’s new role of chief franchising officer. Evans was most recently the vice president of franchising with Orlando, Florida-based electronic repair shop franchise chain uBreakiFix, where he played a key role in opening more than 425 of […]
Va. Beach manufacturing company investing $15.8M in expansion
Virginia Beach-based Acoustical Sheetmetal Co. (ASC) will invest $15.8 million to expand its operations, adding a 100,000- square-foot facility and creating 200 jobs, Gov. Ralph Northam announced Wednesday. ASC manufactures sound-reducing and weather-protective enclosures for onsite power generation equipment, such as control rooms, house generators, pumps, compressors, switchgear and HVAC equip[...]
Troutman Sanders completes merger with Pepper Hamilton
After postponing its original April 1 merger date due to the COVID-19 pandemic, Atlanta-based law firm Troutman Sanders LLP and Philadelphia-based Pepper Hamilton LLP announced Wednesday they have merged to become Troutman Pepper Hamilton Sanders LLP (Troutman Pepper). Among Troutman Pepper’s 23 nationwide offices, the Richmond location is one of the newly merged law firm’s […[...]
Dominion debuts first offshore wind farm in U.S. federal waters
After nearly a decade of planning, Richmond-based Dominion Energy Inc. is on the verge of harnessing offshore wind power following the installation this month of two turbines off the coast of Virginia Beach. Standing approximately 600 feet tall, the 12-megawatt turbines are the cornerstone of Dominion’s $300 million Coastal Virginia Offshore Wind pilot project. Located […]
ECPI University announces $4M in scholarships for black students
Virginia Beach-headquartered ECPI University will offer $4 million in scholarships for African American students in science, technology, engineering, math and health care programs, it announced Thursday. The new LIFT scholarship (Lead, Instruct, Foster, Transform) will pay for tuition, computers and Wi-Fi access for black students, and ECPI is raising further funding with the nonprofit Beacon [&he[...]
Va. Beach military contractor announces $4M expansion
Virginia Beach-based military-industrial contractor SJS Executives LLC announced Tuesday it has received a $125,000 grant from the Virginia Beach Development Authority that will be used toward workspace and workforce expansion, as part of its Economic Development Investment Program (EDIP). As part of its expansion, the company plans to make a total of $4 million in […]
Reopening weekend largely positive for restaurants
Reopening weekend was largely positive for restaurants and other businesses in Virginia localities that entered Phase One of Gov. Northam’s Forward Virginia plan on Friday. “It was actually very busy,” said Brad Smith, general manager of Quaker Steak & Lube on Bristol’s State Street. “We were busy to the capacity we could be.” Smith had […]
