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Bingham & Taylor to shut down Culpeper plant, laying off 92 employees
Utility infrastructure products manufacturer Bingham & Taylor plans to close its Culpeper plant this fall, laying off 92 employees.
April unemployment in Virginia remains steady, but report predicts job losses
The Weldon Cooper Center expects 17,800 jobs to be lost in Virginia this year, roughly 7,500 more than earlier estimates.
Nexstar says it is losing millions as it seeks quick review of order halting Tegna merger
Nexstar Media Group asks appeals court to expedite review of order halting its $6.2 billion merger with Tegna amid tens of millions in losses.
Parkhurst to shut down operations at Bridgewater College, laying off 65
Parkhurst Dining will soon permanently shut down its operations at Bridgewater College, laying off 65 employees.
McLean satellite company to acquire rest of Aireon in $366.7M deal
McLean-based Iridium Communications will acquire the remainder of Aireon, a joint project it started in 2011, for $366.7 million.
Novolex to shut down Henrico County facility, laying off 118
Hilex Poly Co. announced this week that it plans to permanently close its Henrico County facility, laying off 118 workers.
FAA awards $21M to support Virginia airport projects
The Federal Aviation Administration has awarded $21 million in federal funding to support airport infrastructure projects across Virginia
Leidos wins $2.7B contract for hypersonic weapon production
Leidos announced Tuesday that the U.S. Army awarded the company a $2.7 billion contract to help move hypersonic weapons into production.
Proposed Chantilly data center could be powered by fuel cells
Atlanta-based T5 Data Centers proposes a 312,000-square-foot Chantilly data center powered by natural gas fuel cells.
Space analytics firm HawkEye valued at $3.15 billion after NYSE debut
HawkEye 360 raised $416 million in its IPO, achieving a $3.15 billion valuation and reflecting strong investor demand for defense-tech in herndon, Virginia.
Titan America acquires Pa. cement manufacturer, adding 125 employees
Titan America announced last week it has purchased Pennsylvania-based cement manufacturer and aggregates producer Keystone Cement Co.
Veritas Vineyards acquired, family to stay in leadership
Veritas Vineyards in Virginia was acquired by Veritas Legacy Partners, with the founding Hodson family remaining in leadership roles.
