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Industries

Mar 30, 2022

Hitting a brick wall

Casey Renner has worked in four states over the course of her teaching career, and she’s never liked a school more than Arlington County’s Wakefield High School, where she teaches science and special education. But she has also never had as much difficulty finding housing near work as she has during her 17 years teaching [&h[...]

Mar 30, 2022

SW community colleges to create wind manufacturing workforce

The presidents of four community colleges in Southwest Virginia signed a memorandum of understanding Wednesday to establish a wind manufacturing workforce development partnership. “Today’s MOU signing is meaningful because it demonstrates our resident and abiding interest in collaborating. Our four community college pres[...]

Mar 29, 2022

VFCCE names Ben Davenport chairman

Davenport Energy Inc. Chairman Ben Davenport is the next chairman of The Virginia Foundation for Community College Education, the Richmond-based foundation announced Tuesday. In 2016, Davenport and his wife, Betty, invested $1 million through VFCCE to create a pilot program with four community colleges that provided early childh[...]

Mar 25, 2022

Bermuda insurer to establish U.S. HQ in Henrico

Bermuda-based Hamilton Insurance Group Ltd. will invest at least $415,000 to establish the U.S. headquarters of its subsidiary in Henrico County, a project estimated to create more than 70 jobs, Gov. Glenn Youngkin announced Friday. Hamilton’s wholly owned subsidiary, Hamilton Select Insurance Inc., is a commercial insurer tha[...]

Mar 24, 2022

Peraton receives $254M State Department award

Herndon-based Peraton Inc. has been awarded a five-year, $254 million contract to support the State Department’s Diplomatic Security Service’s cybersecurity operations. The federal contractor announced the award Thursday. Under the contract, Peraton will provide cyber support, including incident management, threat analysis and penetration testing. Peraton will also help the department protect its global IT infrastructure [&h[...]

Mar 24, 2022

Richmond, Capital One offering restaurant 101 seminar

The city of Richmond’s Office of Minority Business Development, in partnership with Capital One, will offer a free information session for current and prospective restaurant owners in April, covering topics such as setting menu prices, meeting city requirements and creating improvement plans. Award-winning Richmond chef, r[...]

Mar 24, 2022

Hilb Group acquires N.J. risk management firm

Henrico County-based insurance company The Hilb Group LLC announced Thursday that it has acquired New Jersey-based E.B. Cohen Insurance and Risk Management. Financial terms of the transaction were not disclosed. “E.B. Cohen aligns perfectly with our strategy for growing among industry leaders — bringing a terrific histor[...]

Mar 24, 2022

Perdue AgriBusiness plans $59M Chesapeake expansion

Perdue AgriBusiness will invest $59.1 million and expand operations in the city of Chesapeake, Gov. Glenn Youngkin’s office announced Thursday. The company, an affiliate of Perdue Farms Inc., will modernize facilities and increase production of high protein soybean meal, soybean oil and hulls. The expansion will position P[...]

Mar 23, 2022

Richmond pares down Diamond District developer pool

Story updated, March 24 at 11:45 a.m. The city of Richmond announced Wednesday that six competing development teams have been chosen out of 15 applicants to continue in the competition to redevelop the Diamond District area near the Richmond Flying Squirrels’ stadium. The city requested applications late last year for the [...]

Mar 22, 2022

Davenport Energy promotes Harold Thornton to president

Chatham-based Davenport Energy Inc. has promoted Harold E. “Hal” Thornton Jr. to president, the company announced Tuesday. Thornton has been with Davenport, a provider of gas, diesel fuel propane and petroleum products, for 27 years. He was initially hired as human resources director in 1995, rising through the ranks[...]

Mar 22, 2022

Roanoke College selects next president

Roanoke College’s next president will be Frank Shushok Jr., the college announced Tuesday. Shushok, Virginia Tech’s vice president for student affairs, will succeed Michael C. Maxey, who served as president for 15 years and is retiring in July, to become the school’s 12th president. “I am thrilled to welcome Presiden[...]

Hilton Richmond Hotel and Spa in Short Pump. Photo courtesy Shamin Hotels
Mar 18, 2022

Feb. statewide hotel revenues were 6.1% lower than 2019

February hotel revenues in Virginia were 6.1% lower than those recorded in February 2019, according to data released Monday by STR Inc., a division of CoStar Group Inc. that provides market data on the U.S. hospitality industry. Hotel rooms sold decreased by 5% last month, compared with 2019 levels. The average daily rate (ADR) [...]

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