Sign In
Free Newsletter
Richmond-based GPM Investments closes on ExpressStop purchase
Richmond-based GPM Investments LLC became the nation’s sixth-largest convenience store chain Wednesday, after closing on its acquisition of the ExpressStop chain, including 60 gas station convenience stores in Michigan and Ohio. Financial terms were not disclosed. The acquisition, which was announced in March, adds to GPM’s existing 165 stores in Michigan and nine in Ohio. […]
Richmond Region Tourism program incentivizes hotel meetings
After a year of virtual events and canceled conventions, Richmond Region Tourism has launched a program to attract meetings to Virginia’s capital city and surrounding areas in four key economic development sectors. The initiative, called Meaningful Meetings, also offers financial incentives from $250 to $1,000 to people and or[...]
Northam orders VEC to hire 300 more claim processors
Gov. Ralph Northam on Tuesday ordered the Virginia Employment Commission to invest $20 million in upgrading its claims system and hire 300 more staffers to process complicated unemployment insurance claims, which have dogged the agency during the COVID-19 pandemic and led to a civil lawsuit. In an executive directive signed Tues[...]
Modular housing manufacturer setting up Newport News plant
A modular housing manufacturer plans to establish its first East Coast facility in Newport News, investing $2 million and producing 220 jobs, Gov. Ralph Northam announced Tuesday. A Public Benefit Corporation and Certified B Corporation founded in 2018, indieDwell turns recycled shipping containers into small homes with one to four bedrooms to help solve the […]
Kings Dominion reopening, with no masks required for vaccinated guests
Kings Dominion opens for its 46th summer season Saturday, a year after the COVID-19 pandemic shut the annual tradition down. Although the Hanover County amusement park will require masks worn by anyone who is not vaccinated (if they are age five or older), more than 60 rides, live entertainment and the redesigned water park will[...]
CTSI names new president and CEO, chairman
Chantilly-based technology firm Corbett Technology Solutions Inc. (CTSI) named Joe Oliveri as its president and CEO on Tuesday. He replaces Gino Ruta, who is becoming chairman, the company announced in a news release. Oliveri joins CTSI from Johnson Controls, where he was vice president and general manager of global ducted syste[...]
Tiger Fuel Co. acquires solar company Altenergy Inc.
Charlottesville-based Tiger Fuel Co. has completed its acquisition of solar energy company Altenergy Inc., which is also based in Charlottesville, the companies announced Tuesday. Financial terms were not disclosed. The purchase of the energy company follows more than two years of collaboration, in which Tiger partnered with Altenergy to power its convenience stores in Charlottesville […]
Hospitality association launches free online training
A workforce training program launched Monday to help restaurant and hotel workers, the Virginia Restaurant, Lodging & Travel Association announced. The program offers free training for people who are employed, out of work or underemployed from the National Restaurant Association and the American Hotel & Lodging Association Educational Institute. Training is available to residents of […][...]
Perspecta, now under Peraton, lands $473.8 million agreement
The U.S. Department of Defense has awarded a potential five-year transaction agreement valued at $473.8 million to Perspecta Enterprise Solutions LLC, now part of Herndon-based national security contractor Peraton Inc. The work supports the development of a comprehensive IT system to manage background investigations and security clearances for federal employees and contractors, according to last […][...]
Va. House of Delegates to meet in person at the state Capitol
Virginia House of Delegates Speaker Eileen Filler-Corn announced Monday that the House, when it next convenes, will return in person to the Virginia State Capitol after a year of virtual and physically distanced voting due to the COVID-19 pandemic. “Over the past year, Virginians have shown commitment and resolve to stop t[...]
Chantilly industrial building sold for undisclosed price
A 72,014-square-foot flex/industrial building in Chantilly has been sold, Edge Capital Markets announced last week. The building sold for an undisclosed price, but according to Fairfax County property records, it was assessed for $6.1 million in 2021. The building, which is 100% leased and occupied by five tenants, is in the Avi[...]
Governor ends mask mandate for vaccinated people, effective midnight
Following federal recommendations, Gov. Ralph Northam lifted Virginia’s mask mandate Friday, effective at midnight, for all vaccinated Virginians. He also announced Friday afternoon that all distancing and capacity restrictions will be lifted May 28, two weeks sooner than planned. Masks will still be required at Virginia&#[...]
