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VW named to Time magazine’s 100 Most Influential Companies list
Volkswagen Group, with its North American operations based in Herndon, was named this week to Time magazine’s inaugural 100 Most Influential Companies list, receiving accolades for its move into electric automobiles. The German automotive corporation has set aside $54 billion for electrified vehicles over the next five years, with plans for six new battery factories and […]
Norfolk Southern names new VP of government relations
Norfolk-based Norfolk Southern Corp. announced on Tuesday that its board of directors has elected Frank Voyack as the company’s vice president of government relations, effective May 1. Voyack succeeds Marque Ledoux, who is retiring after 18 years with the Fortune 500 freight railroad. In his new role, Voyack will lead Norf[...]
Virginia public transit grapples with reduced ridership, zero fare
RICHMOND, Va. — Virginia public transit systems from Northern Virginia to Hampton Roads are looking for a path forward after losing riders and revenue during the pandemic. Some transit systems have been harder hit than others. “We are serving a market of essential workers that can’t stay home; they have to use our service,” said […]
German auto parts maker to build $38M Wythe County factory
German auto parts manufacturer STS Group AG will invest $39 million to establish its first U.S. manufacturing operation in Wythe County’s Progress Park industrial park, creating 120 jobs, Virginia Gov. Ralph Northam announced Thursday. Located near Wytheville, the new facility, operating as a subsidiary of STS Group North America, will supply Volvo Trucks in Pulaski […]
Metro committee approves $4.7B budget for FY2022
With an injection of federal funding, Metro will be able to maintain current service and accelerate repairs on the public transportation system. On Thursday, the Metro Board of Directors’ Finance and Capital Committee approved a $4.7 billion operating and capital budget for fiscal year 2022, which begins July 1. The full b[...]
CarMax to acquire remaining stake in Edmunds
Goochland County-based used car giant CarMax Inc. announced Thursday that it had signed an agreement for full ownership of vehicle research website Edmunds.com Inc. in a cash and stock deal. In January 2020, CarMax invested $50 million to acquire a minority stake in Santa Monica, California-based Edmunds. CarMax, a Fortune 500 c[...]
Va. finalizes $3.7B rail expansion agreement
Virginia will have more train service in the next decade, as Gov. Ralph Northam announced Tuesday the formalization of a $3.7 billion rail expansion package in Virginia, the tenets of which were announced in late 2019. The state signed agreements with Amtrak, CSX and Virginia Railway Express at a ceremony Tuesday. According to t[...]
Pittsylvania truck sales company plans $5.2M expansion
Chatham-based J&J Truck Sales Inc. will build a 45,000-square-foot facility off U.S. Highway 29 in Pittsylvania County, Gov. Ralph Northam announced Monday. The $5.2 million project, adjacent to the company’s existing operation, is expected to create 27 jobs and increase its ability to repair, refurbish and fabricate automotive-based equipment. Virginia beat South Carolina for the […][...]
Northam seeks to include part-time workers in state IRA fund
Virginia Gov. Ralph Northam has proposed a change to a bill to allow part-time employees to participate in a newly created state-administered retirement fund for workers without 401(k) access, the governor’s office announced Friday. Northam also has signed legislation expanding an existing broadband pilot program to increa[...]
HNTB names infrastructure and mobility equity president
HNTB Corp., an infrastructure design firm based in Kansas City, Missouri, announced Tuesday that Diana Mendes has been promoted to corporate president of infrastructure and mobility equity, a newly created position based in Arlington. Mendes has spent 35 years in the infrastructure industry and previously served as HNTB’s [...]
MWAA sells facial recognition system to Pangiam
VeriScan, a facial-recognition system developed by the Metropolitan Washington Airports Authority, has been sold to Alexandria-based Pangiam, a security and travel services provider, the company announced Friday. Terms of the transaction were not disclosed. More than 40 airlines use veriScan’s traveler verification system, which is an integrated biometric facial recognition program that debuted in 2018 […][...]
Transurban names North American operations VP
Amanda Baxter, Transurban’s former project director for the 495 Northern Extension project in the Washington, D.C., region, has been promoted as vice president of operations in North America, the toll road operator and developer announced Thursday. Baxter will be based at Transurban’s Alexandria headquarters. In her [...]
