NY textiles company to buy Patrick County HanesBrands facility
New York-based specialty textile manufacturer Apex Mills Corp. will invest $3.1 million to acquire the former HanesBrands facility in Patrick County, along with the plant’s equipment. The acquisition will retain 96 jobs and create an estimated 44 jobs, Gov. Glenn Youngkin announced Friday. Apex Mills will fulfill contracts for the Hanes clothing brands. HanesBrands Inc. […]
Richmond apartments sell for $19.3M
Arlington-based Ritz Banc Group has acquired the Forest Ridge Apartments complex in Richmond from Colony Management for $19.3 million, Colliers announced Jan. 4. The apartment community has 135 units and is located in the Stratford Hills neighborhood, at 2665 Granite Hills Circle. Most of the units have townhome-style floorplans[...]
Atlantic Union transferring stock listing to NYSE
Atlantic Union Bankshares Corp., the Richmond-based holding company for Atlantic Union Bank, announced Friday it is transferring the listing of its common stock and depositary shares from the Nasdaq to the New York Stock Exchange. The bank’s first day of trading on the NYSE is Jan. 18. “We are excited to join the NYSE al[...]
TowneBank promotes HR chief to COO
TowneBank has promoted R. Lee Clark from chief human resources officer to chief operating officer, the Suffolk-based bank announced Thursday. In this role, Clark will continue to oversee human resources and will be responsible for bank operations. He’ll also become a member of the corporate management team. “Throughout his c[...]
BWXT names general counsel
Lynchburg-based BWX Technologies Inc. has promoted Ronald O. “Chip” Whitford Jr. to senior vice president, general counsel, chief compliance officer and corporate secretary, the Fortune 1000 federal contractor announced Wednesday. The promotion was effective Tuesday. Whitford, who joined BWXT in 2017 and has most rec[...]
New VCCS chancellor set to start April 1
The Virginia State Board for Community Colleges on Wednesday announced that it hired David Doré to lead the state’s 23 community colleges. Doré currently serves as president of campuses and executive vice chancellor for student experience and workforce development at Tucson, Arizona-based Pima Community College, where mo[...]
BWXT names chief digital officer, SVP
Lynchburg-based Fortune 1000 federal contractor BWX Technologies Inc. has named Omar Meguid senior vice president and chief digital officer, the company announced Tuesday. Meguid’s position was effective Jan. 1. He is responsible for BWXT’s digital platform supporting business operations in the United States, Canada and [...]
Manufacturer plans $40.2M expansion in Floyd
Massachusetts-based advanced materials manufacturer Hollingsworth & Vose will invest $40.2 million to expand its Floyd County operation, a project expected to create 25 jobs, Gov. Glenn Youngkin announced Tuesday. H&V will add more than 28,000 square feet to its facility at 365 Christiansburg Pike NE to accommodate new production equipment. “Hollingsworth & Vose has generated […][...]
The main event
Updated Jan. 4, 2023 Like the quote from a possibly apocryphal Harvard Law professor, Virginia legislators can look to their left and then to their right, and one of their peers probably won’t be seated there next year, thanks to a supercharged primary field created by a late 2021 redistricting. And now, 61 of Virginia’s […]
Making the cut
The focal point of a New York Times exposé last year, Bon Secours’ Richmond Community Hospital was one of four hospitals in Virginia to receive top marks from patients in an annual nationwide survey. The Virginia results of the latest survey, which was conducted in 2021, are shown below. Overall, Virginia patient satisfaction[...]
Getting down to business
In the late 1990s, Jennifer E. Clift was working as a secretary when her supervisor encouraged her to continue her education. She began taking business classes at the University of Mary Washington in Fredericksburg. “I wasn’t in a settled place,” she says. “I was not a traditional student. I was working full time, plus p[...]
On your mark
When Virginia Commonwealth University closed its buildings in spring 2020, then-student Julien Reininger wasn’t deterred from his entrepreneurial pursuits. In the kitchen of his parents’ Springfield home, Reininger ran a dehydrator for eight hours at a time, creating vegan jerky from canned jackfruit and developing different[...]