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Arlington hires new economic development director
Arlington Economic Development’s new director is Ryan Touhill, Arlington County Manager Mark Schwartz announced Monday. Touhill will assume the role on Nov. 28. He succeeds Shannon Flanagan-Watson, who has been serving as interim director since Telly Tucker announced he was leaving to return to Danville, where he became pr[...]
LookingGlass appoints former CIA officer to advisory board
Reston-based cybersecurity contractor LookingGlass Cyber Solutions Inc. announced Monday that it appointed former CIA officer William T. “Terry” Burruss to its advisory board. Burruss is a retired senior intelligence service officer and was most recently deputy chief of the Center for Cyber Intelligence in the CIA’s Di[...]
Commonwealth Lodging hires corporate HR director
Virginia Beach-based Commonwealth Lodging Management has hired Claire Larkin as corporate director of human resources, the hospitality management and consulting firm announced Thursday. “Claire enjoys building strong relationships with clients and co-workers, often serving as a mentor and coach to help people grow in their car[...]
Report: Bezos, Jay-Z could buy Washington Commanders
Could Beyoncé become a regular presence at Washington Commanders games? It’s within the realm of possibility. According to The Washington Post, Amazon.com Inc. founder and Executive Chairman Jeff Bezos and billionaire rapper Jay-Z (Beyoncé’s husband) may team up to buy the Ashburn-based NFL team, currently owned by[...]
Richmond seeks developers for Coliseum property
Two Richmond city authorities issued a request for interest Thursday to redevelop the area surrounding the Richmond Coliseum into a hotel-anchored mixed-use development, the City Center Innovation District. Owned by Richmond’s economic development authority, the 9.4-acre property includes the shuttered Coliseum and other s[...]
ODU announces $500M capital campaign
Old Dominion University on Thursday announced the formal launch of a five-year, $500 million campaign to raise money for scholarships, research, campus improvements and faculty recruitment, with the university saying it’s already more than halfway to meeting its fundraising goal. ODU President Brian O. Hemphill announced t[...]
Cadmus Group acquires Fairfax contractor
Massachusetts-based consultancy The Cadmus Group LLC announced Wednesday it has acquired Wheelhouse Group, a Fairfax-based business and technology consultancy and federal contractor. Financial details of the transaction were not disclosed. Founded in 2003, Wheelhouse provides organizational change management, stakeholder engagement and communications, workforce transformation and enterprise optimization services. The company employs alm[...]
Thalhimer buys Diamond District properties for $4.6M
TRP Hermitage LLC, an entity connected to Richmond-based Thalhimer Realty Partners Inc., has purchased two industrial properties near The Diamond baseball stadium in Richmond for $4.6 million, S.L. Nusbaum Realty Co. announced Thursday. It was an off-market deal, according to Thalhimer. The plots — 0.735 acres at 1701 Rhoadmil[...]
NJ resin/vinyl manufacturer to invest $13.5M in Tazewell
New Jersey-based custom resin and vinyl manufacturer Ronald Mark Associates Inc. will invest $13.5 million to establish a manufacturing operation in Tazewell County, a project expected to create 29 jobs, Gov. Glenn Youngkin announced Thursday. The company will occupy the former Komatsu Mining Corp. facility at 1081 Hockman Pike in Bluefield. “Ronald Mark Associates’ decision […]
Site Selection ranks Va. 1st for biz climate
Virginia rose to first place in Site Selection magazine’s 2022 Business Climate Rankings. The commonwealth unseated North Carolina and ranked above Georgia, which had an eight-year streak in the top spot. Last year, Virginia was tied for 10th place. “I’m pleased that Virginia has won the best business climate; it&#[...]
FyberX to invest $17.5M in Mecklenburg HQ
FyberX Holdings, a regenerative agriculture company, will invest $17.5 million to establish its U.S. headquarters and production operations in Mecklenburg County, creating 45 jobs, Gov. Glenn Youngkin announced Wednesday. The company will be located in the formerly vacant Kinderton Distribution Center in Clarksville, where it will process hemp and other agricultural products and produce fibers […][...]
Dan Snyder may sell Washington Commanders
Daniel and Tanya Snyder are considering selling the Washington Commanders, the Ashburn-based NFL team announced Wednesday. They have hired Bank of America Securities “to consider potential transactions,” according to a news release. Dan Snyder has been under increasing pressure to sell the team in recent weeks, as bo[...]
