Austin, Texas-based packaging manufacturer ePac Flexible Packaging will invest $6.5 million to establish a manufacturing facility in Henrico County, creating 35 jobs, Gov. Ralph Northam announced Monday.
ePac Flexible Packaging was founded in 2016 and produces finished pouches and rollstock. The manufacturer invested $100 million last November in HP Indigo 20000, a commercial digital printing system ePac expects to double its production capacity. The plant will be in North Run Business Park near interstates 95 and 295.
Robert Laird, general manager of ePac Richmond, says that the company’s customers are predominantly small-and medium-sized food manufacturers.
“Technology is changing the way companies operate, and ePac Flexible Packaging has developed an innovative digital platform that sets the company apart from its competitors,” Northam said in a statement. “ePac’s new, state-of-the-art manufacturing facility in Henrico County will enable the company to continue producing and delivering orders quickly and efficiently, and help drive the growth of Virginia businesses that will now have access to a high-quality, local provider of sustainable packaging solutions.”
The Virginia Economic Development Partnership worked with the Henrico Economic Development Authority to secure the project for Virginia. The Virginia Jobs Investment Program will support job creation, recruitment and training.
ePac also has offices in Atlanta; Austin, Texas; Boulder, Colorado; Madison, Wisconsin; Miami, Florida; Minneapolis, Chicago, Boston and Los Angeles. Its Minneapolis location just opened in January.
An affiliate of Baltimore, Maryland-based commercial real estate firm Klein Enterprises purchased a 95,282-square-foot office complex in Loudoun County‘s Sterling area for $15.375 million, commercial real estate company Avison Young, which negotiated the sale, announced Monday.
The property is located at 45745 Nokes Blvd. within the Corporate Office Park at Dulles Town Center.
The office complex was 85% leased at the time of the sale to Eagle Bancorp Inc., Inova Health System, The Raytheon Co. and Barakat Orthodontics. It is located seven miles from the Washington Dulles International Airport.
Avison Young represented the owner and Kevill, Michael Yavinsky, Rob Walters and Bert Harrell, Matt Weber and Michael Murillo of Avison Young led the sale.
Virginia Beach-based independent insurance agency Towne Insurance has promoted multiple executives in leadership positions.
Towne Insurance CFO Boyd Griffin was promoted to executive vice president and will retain his duties as CFO.
Chris Rogerson was appointed as chief operating officer. Rogerson joined the agency in 2017 as vice president and manager of the select business unit.
Jamie Fuqua was promoted to regional president of Hampton Roads. He was previously the chief marketing officer and was in charge of underwriter relationships.
Joe Harrow has been promoted to regional president of Richmond and Williamsburg. He joined Towne Insurance in 2018 following the merger of his previous company, Middle Peninsula Insurance, with Towne Insurance.
“Towne Insurance has experienced significant growth over the past several years as we expanded our insurance footprint outside of Hampton Roads and moved west to Richmond and now throughout the entire state of North Carolina,” Towne Insurance President and CEO Dudley Fulton said in a statement.
Towne Insurance is a wholly-owned subsidiary of TowneBank, which had total assets of $11.95 billion as of Dec. 31, 2019. Towne Insurance employs more than 440 people.
Lance R. Collins, the Joseph Silbert Dean of Engineering at Cornell University, has been selected as the first vice president and executive director of Virginia Tech‘s $1 billion Innovation Campus, which is set to open in Alexandria‘s North Potomac Yard area in the fall. He will join Virginia Tech as of Aug. 1.
The Innovation Campus is located in close proximity to Amazon.com Inc.‘s $2.5 billion HQ2 East Coast headquarters and was a key part of the state’s successful pitch for landing HQ2. The new campus, which is being built on the site of a Regal movie theater, is part of a statewide initiative to create more skilled workers with degrees in tech fields. Focus on tech talent, research and education, the Innovation Campus will serve graduate and postgraduate students. Its academic offerings will include a new master of engineering degree in computer science.
Collins has led Cornell’s college of engineering since 2010 and joined the university as a professor in 2002. He was part of the leadership team at Cornell that bid to partner with New York City to build Cornell Tech, which opened in 2017. While at Cornell, Collins raised $400 million in new gifts and secured $50 million gifts to name the Meinig School of Biomedical Engineering and the Smith School of Chemical and Biomolecular Engineering.
“Lance Collins is a world-class leader with impeccable credentials, a commitment to collaboration and experience scaling up both an undergraduate student talent initiative and a new graduate campus in an urban area,” Sands said in a statement. “He’s the ideal person to build on our momentum and launch a campus in the greater Washington, D.C., area that will expand the pool of tech talent and lead our exploration of the human-computing frontier.”
Collins spent 11 years as an assistant professor, associate professor and professor of chemical engineering at Penn State University before his time at Cornell. He is a fellow of the American Physical Society, the American Association for the Advancement of Science and the American Institute of Chemical Engineers.
He holds a bachelor’s degree and a master’s degree from Princeton University and a Ph.D. from the University of Pennsylvania. All of his degrees are in chemical engineering. Collins will also serve as a professor of mechanical engineering at the Innovation Campus.
The Innovation Campus’s fall 2020 classes will meet in existing Virginia Tech academic space in Northern Virginia. The campus’ first building is scheduled to open in 2024. The entire Innovation Campus will take approximately 10 years to complete and will enroll up to 750 master’s candidates and hundreds of doctoral students and postdoctoral fellows.
Belgium-based artificial intelligence platform developer and educator Omina Technologies has opened its new U.S. headquarters in McLean.
Financial terms of the headquarters have not been released.
Founded in 2016, Omina currently has an office in Miami. North America CEO Brian Alexander said in a statement that the company decided to locate its North America headquarters in Northern Virginia because of the number of tech companies in the area.
“The area is rich with diverse high-tech companies and several companies in our core industries including banking, insurance, and telecommunication,” Alexander said. “80% of internal AI projects are failing due to lack of AI knowledge on which business problems can best be solved with AI and due to the difficulty in recruiting AI experts who are in high demand. Hence, there is a big need for helping companies to understand how they can reap the fruits of internal AI projects. That’s where we come in.”
Omina caters to small and mid-sized companies. Its portfolio includes Omina Consultancy (AI strategy), Omina Platform (self-service platform for domain experts) and Omina Academy (educate and train in AI).
A former Chesapeake restaurant building was sold for $1.45 million, real estate agency Cushman & Wakefield | Thalhimer announced Wednesday.
The 5,022-square-foot building sits on more than two acres of land at 401 Cedar Commons in Chesapeake located in close proximity to the Chesapeake Golf Club.
Matthews, North Carolina-based SXCW Properties II LLC purchased the building from Rui Lan Ni. SXCW Properties II LLC plans to redevelop the property, although neither a timeline or plans have been released.
Eric Stanley of Cushman & Wakefield | Thalhimer’s Hampton Roads office handled the sale negotiations on behalf of the seller.
The Boys & Girls Clubs of Metro Richmond purchased the former Eastlawn Shopping Center in Richmond’s East End for $1.025 million and will convert it into a center for the clubs’ programming, the organization announced Monday.
The youth nonprofit purchased the facility from the Richmond Redevelopment and Housing Authority in 2019 using funds from the organization’s $25 million New Statistics fundraising campaign. The Richmond Redevelopment and Housing Authority purchased the Eastlawn Shopping Center in 2017 for $1 million, according to city records.
The sales price was not disclosed.
The Boys & Girls Clubs of Metro Richmond serves more than 1,200 youth in historically marginalized communities in the Richmond metro area. The clubs provide programming after school, on weekends and during the summer, including academic assistance, social-emotional learning and physical activity.
The 16,000-square-foot facility at 1812 Creighton Road is expected to open in spring 2021 and an adjacent space will provide a space for career training, counseling, mental health services and college prep.
“This space represents the tangible culmination of our vision for how we can best serve the needs of our community’s underserved teen population,” Todd McFarlane, president and CEO of the Boys and Girls Clubs of Metro Richmond, said in a statement. “The facility will help guide teens into adulthood, putting them on a trajectory toward healthier, more connected and thriving futures.”
Penrose has been with Cushman & Wakefield | Thalhimer since 2000. He currently serves as vice president of commercial sales and leasing at the firm’s Newport News office.
Penrose has a bachelor’s degree in business, managing and marketing from Christopher Newport University in Newport News.
When employees join Dynamis Inc., they gain a new family.
“We’re very supportive of each other,” Dynamis Recruiter Macaya Yao says. “I find that I’m really able to go to anyone in the company and ask for help and they’re willing to jump in and help out with whatever it is.”
This familial vibe, an open-door atmosphere and educational benefits are what makes the Fairfax-based government contractor different, say its employees — who call themselves“Dynamites.”
The company’s founders, CEO John Milam and John Braun, president and chairman of the board, frequent the Fairfax headquarters and offer employees an open-door policy to voice their concerns, questions and ideas, Yao says.
“I feel like you don’t see that in a lot of companies,” Yao says. “You can go up to anyone in upper management and be able to have a conversation and get their input on anything.”
Due to the nature of Dynamis’ work providing management system and incident response software for clients such as the U.S. departments of Defense and Homeland Security, some employees work offsite. Dynamis’ cultural emphasis on continuing education, however, bridges the gap between headquarters employees and offsite employees in Arlington and Washington, D.C.
Each month, Dynamis hosts its “School of Athens,” an after-hours training for all employees covering topics such as leadership, emergency preparedness, investments, understanding a 401(k) plan and even how to book a vacation and get a good deal, says Human Resources Manager Monica Ani-Adjei. These sessions also serve as time for headquarters employees to socialize with offsite workers whom they don’t see as frequently, Administrative Coordinator Jaime Henry says.
Aside from these monthly educational sessions, Dynamis offers an annual stipend of $3,000 to Dynamites to pursue graduate degrees or other trainings and certifications.
An interest in continued education is something Dynamis seeks when hiring new employees, Yao says.
“Dynamites are supposed to be warriors — thinking warriors,” Yao says. “People of action. People with highly developed skills and experience.”
The educational stipend is just one of the benefits offered to employees that makes Dynamis different. The company absorbs 70% of the cost ofemployee benefits, Ani-Adjei says. Employees are 100% covered for medical, health, dental, long-term and short-term disability insurance, and are also offered up to a 4% contribution match on their 401(k) funds.
Employees receive floating holidays and parental leave, have the option for a flexible spending account to help pay for certain out-of-pocket health care costs and can be reimbursed for commuter costs and even Dynamis-branded apparel.
Managers are also allotted “employee morale funds” — money set aside to encourage managers to spend time with their direct reports for rapport-building activities such as going out to breakfast or happy hours or treating their workers with gift cards. This helps to keep all employees connected, Ani-Adjei says.
The company’s initiatives foster a “work well, play well” mentality, Yao says. As opposed to the colloquial “work hard, play hard” mentality held by many companies, Dynamis focuses more on how employees work together.
Although employees come from varied backgrounds, including intelligence, science, politics, writing, policy and administration, they come together for initiatives such as a recent six-week fitness challenge.
“It makes you feel like you’re a part of something big,” Henry says. “The concept is we’re all Dynamites. You’ll always remember your experience beinga Dynamite.”
The camaraderie that makes Accounting Principals different is evident on an employee’s first day as they’re greeted by a desk decorated with bright, colorful signs trumpeting personalized welcoming messages.
This “cherry-on-top” culture is what makes Accounting Principals a great place to work, says Jennifer Dodge, managing director of the Jacksonville, Florida-based professional recruitment and staffing firm’s Glen Allen branch in Henrico County.
Accounting Principals takes cultural onboarding — welcoming employees into the corporate family and acquainting them with the firm’s personality — as seriously as its structured training.
“Everyone just kind of blends well,” Dodge says. “It’s not like little different groups of people. The tenured people always take the brand-new people under their wings and mentor them and just welcome them into the family right away.”
Accounting Principals has 75 offices nationwide. Along with its Ajilon and Parker+Lynch divisions, the company provides executive search, professional consulting and temporary staffing services. Its roughly 3,600 employees come from varied backgrounds, including human resources, sales, accounting and legal.
Long tenures tend to be atypical in the professional staffing industry, but Accounting Principals breaks the mold, with some employees serving the company for more than 20 years, Dodge says. To retain employees and keep them engaged, Accounting Principals’ managers make a point of getting to know them as people, not just workers.
To promote work/life balance, Accounting Principals offers flexible work hours and telecommuting to employees who require such options. Tenure and productivity are weighed into the decision-makingto determine a win-win plan, Dodge says.
“We’re a company of standards, not rules,” Dodge says. “There are certain standards and certain metrics that define what getting the job done is. That’s constant and consistent no matter what scenario.”
In addition to accommodating life needs, Accounting Principals offers a 401(k) matching contribution and 18 paid days off during a worker’s first year of employment. Individuals are also given one paid day per year to volunteer for their cause of choice, and employees also spend a day outside of the office for group community service.
Each year, approximately 60 employees are chosen to participate in the company’s Win4Youth ambassador initiative, which encourages employees to participate in fitness activities to raise money for children’s charities. This year, employee Win4Youth ambassadors were professionally trained to participate in a triathlon in Canary Island Lanzarote, to raise money for Plan International, a worldwide organization that works to advance children’s rights.
In addition to Accounting Principals’ benefits and community service initiatives, its Glen Allen office houses a wellness room for employees to exercise on a NordicTrack Treadmill as well as a free onsite gym. Employees also enjoy walking around the on-campus lake.
The wellness room is the result of an employee suggestion.
“We have a lot of open communication on our team — we’re very collaborative,” Dodge says. “Everybody kind of pitches in. It’s definitely collaborative where we solicit ideas from the team all the time about what could make this a better place to work.” This collaborative nature extends past office walls and into the community.
The firm celebrates an esprit de corps built on working and volunteering within a fun corporate culture.
“The camaraderie — we’re constantly evolving,” Dodge says. “The things we did last year may have worked for us last year. But maybe the market changed or the industry changed and we need to tweak things a little bit. Sometimes your job changes in a way that isn’t what everyone would like.”
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
Cookie
Duration
Description
cookielawinfo-checkbox-analytics
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional
11 months
The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy
11 months
The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
viewed_cookie_policy
11 months
The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.