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Youngkin has 5-point lead in UMW governor’s race poll
In the most recent round of dueling gubernatorial poll results, Republican candidate Glenn Youngkin has a five-point lead among likely voters against Democrat Terry McAuliffe, Virginia’s former governor seeking a second, nonconsecutive term, according to a University of Mary Washington statewide survey conducted earlier th[...]
Company to build $4.2M facility in Brunswick County
Southern Virginia Vegetable Packing LLC has partnered with Brunswick County Industrial Development Authority, with plans to build a 45,000-square-foot, $4.2 million produce processing and packing facility that is expected to create 40 jobs over three years, Gov. Ralph Northam announced Thursday. Old Dominion Organic Farms, a member of Southern Virginia Vegetable Packing, will operate the […][...]
New jobless claims in Va. surge by 300%
After three weeks of declining unemployment claims statewide, the number of new claims shot up more than 300% last week, the Virginia Employment Commission reported Thursday. At the same time, continued claims dropped by more than 3,000 for the filing week ending Sept. 18. The VEC said in Thursday’s report that the end of [...]
Charleston developer breaks ground on mixed-use building in Richmond
Charleston, South Carolina-based real estate development company The Beach Co. announced Tuesday that it had broken ground on a 1.65-acre mixed-use development in Richmond called Tidewater, which has an expected completion of spring 2023. Located in the Manchester neighborhood at 700 Semmes Ave., the six-story development will h[...]
U.Va. opens Northern Virginia campus
The University of Virginia announced Wednesday it has opened a campus in the Rosslyn neighborhood of Arlington, with plans to expand to other sites in the region. The campus in Northern Virginia will be called UVA|NOVA. “UVA|NOVA will be the center point of our efforts to better serve the commonwealth by bringing new academic [...]
AES promotes investment chair to CFO
Arlington-based Fortune 500 energy company The AES Corp. announced Tuesday it had promoted Stephen Coughlin to executive vice president and chief financial officer, effective Oct. 15. Coughlin most recently led AES’ corporate strategy and financial planning groups and served as chair of the company’s investment committee. Be[...]
Peraton acquires aaS business of Herndon tech company
Herndon-based federal contractor Peraton Inc. acquired the as-a-service business of Herndon-based IT company ViON Corp., it announced Wednesday. Financial details of the transaction were not disclosed. Peraton acquired ViON’s cloud business and its employees, adding to its storage, computing and network capacity. The company also acquired the business’s contracts with the U.S. Department of Defense, […][...]
Va. Community Capital names new president and CEO
Richmond-based nonprofit Virginia Community Capital (VCC) has hired Amir Kirkwood as its president and CEO, following founding executive director Jane Henderson’s January announcement of her retirement. He will assume the role on Nov. 1. “I am excited about Amir’s choice to join our organization,” Henderson said in a[...]
The Lawson Cos. hires first talent and development manager
Virginia Beach-based property management firm The Lawson Cos. hired Brandi Hall as its first talent and development manager, it announced Tuesday. Hall is responsible for hiring and training Lawson employees as well as retaining them. She has 16 years of experience in human resource roles and was most recently the human resource[...]
Va. projects get $2.5 million from Appalachian Regional Commission
The Appalachian Regional Commission’s Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) Initiative is granting three Virginia projects a total of $2.5 million, Gov. Ralph Northam announced Tuesday. “As our economy recovers from the impacts of COVID-19, it is critical to invest in Appalachia,” Northam said in a statement. “ARC’s POWER initiative will continue […][...]
Genworth completes IPO for mortgage insurance subsidiary
Henrico County-based Fortune 500 insurer Genworth Financial Inc. completed the once-delayed initial public offering of its mortgage insurance subsidiary, Raleigh, North Carolina-based Enact Holdings Inc., it announced Monday. Between the IPO and a private sale of shares, Genworth received aggregate net proceeds of about $535 million after underwriters’ fees but before other expenses. Genworth Holdings […][...]
VCU poll shows McAuliffe with 9-point lead in governor’s race
A new statewide poll from Virginia Commonwealth University shows Democratic former Virginia Gov. Terry McAuliffe with a nine-point lead over Republican gubernatorial candidate Glenn Youngkin, a far different take than the much tighter race indicated by a Washington Post-George Mason University poll released Saturday. VCU’s[...]
