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Colonial Williamsburg appoints new CEO
The Colonial Williamsburg Foundation has appointed Cliff Fleet, the former head of Philip Morris USA, as the organization’s ninth president and CEO. Fleet will start his new role on Jan. 1. Fleet, who served as president and CEO of the Henrico County-based cigarette manufacturer from 2013 to 2017, will succeed Mitchell R[...]
Appalachian Power awards $57,500 in economic development grants
Appalachian Power awarded a total of $57,500 to nine Virginia organizations through the energy company’s Economic Development Growth Enhancement (EDGE) program, the Southern Virginia Regional Alliance (SVRA) announced Friday. SVRA was awarded $16,500 for marketing materials and videos of the southern region and regional mega-sites. “We are thankful for the support that Appalachian Power provides […][...]
Cigna names mid-Atlantic market medical executive
Cigna has named Dr. Vaishali Geib as medical executive for its mid-Atlantic market, which covers Virginia, the District of Columbia and Maryland, the global health services company announced Friday. In her new role, Geib will focus on physician and hospital system collaboration, network development, client growth and retention, [...]
Petersburg hotel operator files $28M claim in LeClairRyan bankruptcy case
Virginia hotel operator Petersburg Regency LLC filed a $28 million claim in the LeClairRyan bankruptcy case Thursday in Richmond, according to the federal court filing. Petersburg Regency is seeking relief from an automatic stay in LeClairRyan’s handling of an insurance dispute from 2003’s Hurricane Isabel. An automatic stay ensures equality of distribution by preventing one […]
Danville’s Telly Tucker will lead Arlington Economic Development
Telly Tucker, director of economic development in Danville, is leaving next month to lead Arlington County’s economic development department, the city of Danville announced Thursday. “It was a tremendous opportunity,” Tucker said Thursday in a phone interview. “My heart will always be in Danville for the opportunity [...]
General Dynamics awarded $118M Army contract
Reston-based General Dynamics Information Technology (GDIT) has been awarded a $118 million contract to provide mission support to the U.S. Army’s Department of Information Network, GDIT announced Thursday. GDIT will provide broad IT and cybersecurity support to Network Enterprise Technology Command, Army Cyber Command and Chief Information Officer/G-6 out of Fort Huachuca near Sierra Vista, […][...]
Breeden Construction tapped to build apartment complexes
Virginia Beach-based Breeden Construction LLC has been named general contractor for apartment complexes in Richmond, Hampton Roads and Northern Virginia valued at a total of approximately $105 million, Breeden announced this week. Construction began in fall 2019 on the Hampton Roads and Richmond properties and the Northern Virginia property will begin in early 2020. The […]
Genworth completes $1.8B sale of Canadian unit
Henrico County-based Genworth Financial Inc. has completed the sale of the majority stake in its Canadian mortgage insurance company. The sale of Genworth MI Canada Inc. to Brookfield Business Partners is part of Genworth’s effort to clear the way for its long-delayed takeover by China Oceanwide Holdings Group Co. Ltd. Brookfield paid $48.86 Canadian dollars (CAD) […]
Northam pitches $145M free community college program
Gov. Ralph Northam’s proposed budget will include $145 million to make community college tuition free for low- and middle-income students pursuing degrees in high-demand career fields, Northam announced Thursday. The Get Skilled, Get a Job, Give Back (G3) initiative will provide financial support to cover tuition, fees and books for eligible students at two-year public […]
Go Virginia awards $5.8 in regional grants
Nine regional projects will receive a combined $5.8 million in Growth and Opportunity for Virginia (GO Virginia) funding, Gov. Ralph Northam announced Wednesday. The grants, which were approved by the Go Virginia Board and the Virginia Department of Housing and Community Development, will support regional economic development and workforce development initiatives and encourage collaboration among local […][...]
Indoor farm to create 92 jobs in Danville-Pittsylvania County
New Jersey-based AeroFarms is investing $42 million to construct a 150,000 indoor vertical farm in Cane Creek Centre, a joint industrial park for Danville and Pittsylvania County. The facility will create 92 jobs. AeroFarms employs a proprietary growing technology to produce leafy greens through aeroponics, a process in which plants are grown outside soil on […]
Wegmans distribution center to bring 700 jobs to Hanover
Wegmans Food Markets plans to build a $175 million regional distribution center in Hanover County, creating 700 jobs, Gov. Ralph Northam announced Wednesday. The campus, which will be located along Sliding Hill and Ashcake Roads off Interstate 95 in Ashland, will expand the grocer’s distribution network on the East Coast. [...]
