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U.Va. gets $5M gift to establish scholarship for PVCC students
An anonymous $5 million gift to the University of Virginia will be used to provide scholarships to Piedmont Virginia Community College students who wish to transfer to the university, U.Va. President Jim Ryan announced Friday. The endowed fund will provide scholarships to PVCC students who have been selected as U.Va. University Achievement Award recipients. The […]
Virginia Tech to lead DoD’s new Acquisition Innovation and Research Center
The U.S. Department of Defense has selected Virginia Tech as one of three schools to lead its new Acquisition Innovation and Research Center (AIRC). The AIRC is funded by the DoD and directed by the Office of the Undersecretary of Defense for Acquisition and Sustainment. The goal of the center (which also includes the New [&hell[...]
Norfolk’s MacArthur Center may meet the wrecking ball
Downtown Norfolk’s MacArthur Center, a 140-store mall that opened in 1999, may have a future date with a wrecking ball. According to a newsletter released March 2 by Norfolk’s economic development department, a complete teardown of the 1.1 million-square-foot structure is one of three possibilities envisioned for Mac[...]
Huntington Ingalls names new executive VP
Newport News-based Huntington Ingalls Industries announced Friday its board of directors has elected Kari Wilkinson to serve as executive vice president of HII and president of HII’s Ingalls Shipbuilding division, effective April 1. She will succeed Brian Cuccias, who announced his April 1 retirement. Cuccias took on his r[...]
Germany-based workforce tech developer buys Vienna AR developer
TeamViewer, a German workforce technology developer, announced Tuesday it has acquired Vienna-based augmented reality software developer Upskill. Financial terms of the transaction were not disclosed. Founded in 2010, Upskill provides technology that uses smart glasses and handheld devices to help manufacturing, inspection and auditing workers for customers including The Boeing Co. and Merck & Co. […][...]
Tempur Sealy to invest $16.7M in Scott County manufacturing facility
Bedding product designer, manufacturer and distributor Tempur Sealy International Inc. will invest $16.7 million to expand its Scott County operation, creating 25 jobs, Gov. Ralph Northam announced Thursday. “Southwest Virginia has been an ideal base of operations for Tempur Sealy for nearly 20 years because of the region’s proximity to major interstates and access to […]
University of Richmond names new president
The University of Richmond announced Thursday its next president will be Kevin F. Hallock, who currently serves as dean and professor of strategy and business economics at Cornell University’s SC Johnson College of Business. He will succeed Ronald A. Crutcher, who in September 2020 asked the board of trustees to begin a [...]
Jobless claims stayed flat last week in Va.
As the state approaches the one-year anniversary of the COVID-19 pandemic’s presence here, initial jobless claims remained essentially unchanged from the previous week, according to figures released Thursday by the Virginia Employment Commission. Continued claims fell slightly. During the week ending Feb. 27, 12,155 Virginians filed initial unemployment claims, compared to 11,944 from the week […][...]
KeyBank parent company to buy McLean data firm
Cleveland, Ohio-based financial services company KeyCorp announced Tuesday it will acquire McLean-based AQN Strategies LLC, a data and analytics firm focused on financial services established by Ben Sabloff and Nigel Morris, co-founder of Capital One and fintech venture capital firm QED Investors. Financial terms of the transaction were not disclosed. Sabloff will serve as KeyCorp’s […][...]
Herndon tech company buys Vienna-based IT defense biz from AT&T
Herndon-based systems integrator Tyto Athene announced Wednesday it will acquire AT&T’s Vienna-based Department of Defense-focused IT professional services business, also known as Government Solutions Inc. Financial terms of the transaction were not disclosed. Making up a small slice of AT&T’s federal business, the division acquired by Tyto provides IT professional services to DOD customers. The […][...]
Prince William company to expand manufacturing of COVID-19 test products
Prince William County-based Ceres Nanosciences Inc. will increase manufacturing of its reagent product used in COVID-19 tests, Gov. Ralph Northam announced Wednesday. The project will create 50 jobs in engineering, advanced manufacturing and materials science during the next three years. “This expansion will enable Ceres Nanosciences to vastly increase production of its patented technology to […][...]
Virginia becomes 10th state to pass domestic worker protections
RICHMOND, Va. — The Virginia General Assembly passed multiple bills providing protections and benefits for the state’s domestic workers. House Bill 2032, introduced by Del.Wendy Gooditis, D-Clarke, extends employee protection laws to domestic service workers that allows them to file complaints regarding workplace safety. The Commission of Labor and Industry would investigate such claims. Domestic […][...]
