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German manufacturer bringing 355 jobs to Henry County
Schock GmbH, a German quartz composite sink manufacturer, plans to build an $85 million manufacturing facility in Henry County, creating 355 jobs, Gov. Ralph Northam announced Tuesday. Virginia competed with Florida, Georgia and North Carolina for the project, which will occupy a 95,500-square-foot shell building on 14.7 acres i[...]
Bedford County names new economic development director
Pam Bailey will be the new Bedford County Economic Development director, County Administrator Robert Hiss announced Monday. She had been serving as the interim director. “Pam brings energy, passion and creativity, along with a high work ethic, to this position,” Hess said in a statement. “I’ve been completely impressed w[...]
VCU Massey Cancer Center wins $3.3M grant for lung cancer research center
The Virginia Commonwealth University Massey Cancer Center won a $3.3 million Specialized Program of Research Excellence (SPORE) grant to establish a research center on lung cancer disparities from the National Cancer Institute last week. The Translational Research Center in Lung Cancer Disparities (TRACER) will study the disprop[...]
Murphy & McGonigle appoints new Va. managing partner
New York-based financial services law firm Murphy & McGonigle announced Monday that Katherine McGrail, its litigation shareholder and chief diversity, equity and inclusion officer, will become the new managing partner of its Virginia office, located in Glen Allen. She will serve on the executive committee. “The perspective[...]
JMU SVP of administration and finance announces retirement
Charlie King, James Madison University’s senior vice president of administration and finance for the past 25 years, has announced he will retire in December, the university said Monday. “On behalf of the entire university community, I congratulate Charlie on his retirement and share deep appreciation for the foundation he ha[...]
Governor: Staff shortages becoming dire in Va. hospitals
Virginia Gov. Ralph Northam said that hospital workers in the state are “losing their patience” and that medical facilities will not be able to handle all patients with COVID-19 or other ailments if hospitals are understaffed beyond where they are now. “They need our help,” he said Monday at a news confer[...]
Va. launches Amtrak service from downtown Richmond to D.C. and New York
Virginia is launching the Amtrak Northeast Regional Route 51, a thrice daily service from downtown Richmond to Washington D.C. and New York, Gov. Ralph Northam announced Monday from Main Street Station. “If you’ve ever been stuck on I-95, you know we can’t pave our way out of congestion,” Northam said in a statem[...]
Primis Bank selling minority interest back to Southern Trust Mortgage
Glen Allen-based Primis Bank, a wholly-owned subsidiary of McLean-based Primis Financial Corp., entered into an agreement to sell its minority interest back to Virginia Beach-based Southern Trust Mortgage LLC (STM), it announced Thursday. Primis Financial Corp. expects to record a pre-tax charge of about $2.9 million in the third quarter. STM will repurchase all of […]
Home sales, price growth to slow in 2022 after rapid 2021 rises
Virginia home sales in 2022 will be down by about a tenth of a percent compared to 2021 sales, according to a forecast report released Friday by Virginia Realtors. In 2021, the report projects a total of about 148,600 home sales in Virginia, up 6.2% from 2020. “While home sales activity in 2021 will surpass […]
U.Va. receives $50M gift for new performing arts center
The University of Virginia announced Friday it has received a $50 million lead gift to build a performing arts center, a donation by Tessa Ader, a prominent Charlottesville-area philanthropist who serves on the Fralin Museum of Art advisory board at U.Va. “My late husband, Richard, and I long felt that a state-of-the-art perfo[...]
Thomas Nelson Community College renamed Va. Peninsula
Thomas Nelson Community College, based in Hampton and James City County, will soon be called Virginia Peninsula Community College, the Virginia Community College System’s state board voted Thursday. In February, the college’s local advisory board voted unanimously to change the school’s name, bestowed to honor [...]
Roanoke College president to retire in 2022
Michael C. Maxey, the 11th president of Roanoke College, announced Thursday that he will retire at the end of the academic year. Maxey has been with Roanoke College, located in Salem, since 1985 and has served as president since 2007. He has served the longest of any of the college’s presidents, according to a news […]
