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Riverside Tappahannock Hospital becomes part of VCU Health System
Richmond-based VCU Health System announced Monday it has finalized its purchase of the 67-bed Riverside Tappahannock Hospital (RTH) and related medical services from Riverside Health System. Financial terms of the transaction were not released. The hospital will now operate as VCU Health Tappahannock Hospital. VCU Health System [...]
Five Va., Md.-based electric coops form broadband association
With internet connectivity issues growing in importance during the COVID-19 pandemic, five electric cooperatives in Virginia and Maryland have formed a broadband cooperative association aimed at encouraging the expansion of high-speed internet service in underserved rural areas. The new Maryland and Delaware Association of Broadband Cooperatives (VMDABC) includes Millboro-based BARC Electric Cooperative and its BARC […][...]
Virginia has administered 50K+ COVID-19 vaccine doses so far
Having received 285,000 COVID-19 vaccine doses from two manufacturers, Virginia has distributed more than 54,000 doses in the past two weeks. Nationally, there’s been frustration with the vaccine rollout, which has been slower than expected. The Trump administration had pledged that 20 million doses of the vaccine would be adm[...]
Richmond city government solicits proposals for resort casino
Richmond has issued a request for qualifications/proposals, the first step in launching a competitive process for bringing a resort casino to the state capital, subject to voter approval. Earlier this year, Gov. Ralph Northam signed legislation allowing five economically challenged cities — including Richmond — to open casin[...]
Industrial hemp company to locate in Rockingham
Using the trade name Pure Shenandoah, Elkton-based Shenandoah Valley Hemp LLC will invest nearly $3.3 million to establish an industrial hemp fiber processing and cannabidiol (CBD) oil extraction facility in Rockingham County, creating 24 jobs. The company has committed to purchasing 100% of its industrial hemp from Virginia gro[...]
Number of initial jobless claims remained at 14K last week
The number of initial jobless claims filed last week stayed close to its Aug. 8 peak, with more than 14,000 Virginians filing new unemployment claims, according to Virginia Employment Commission data released Wednesday. For the week ending Dec. 19, 14,640 Virginians filed initial claims for unemployment, an increase of 131 claimants from the previous week. […]
BWXT to work with Department of Energy on microreactor development
The U.S. Department of Energy (DOE) selected Lynchburg-based nuclear fuel supplier BWX Technologies Inc. (BWXT) to lead a $106.6 million microreactor development project, the company announced Wednesday. BWXT will work with two DOE-funded national laboratories to design and develop a small nuclear reactor. The DOE will contribute $85.3 million to the project, and BWXT will […]
$1B Inova medical campus to anchor redevelopment of Alexandria’s Landmark Mall
The city of Alexandria announced Tuesday that Inova Health System will build a $1 billion medical campus at the 51-acre site of the former Landmark Mall — anchoring a new 4 million-square-foot mixed-use development in the city’s West End that will also include residential, commercial, retail and entertainment. The medica[...]
Boy Scouts’ Heart of Va. Council purchases $2.8M Henrico HQ
The Boy Scouts of America’s Heart of Virginia Council has purchased a $2.875 million office building in Henrico County as its new Richmond-area headquarters, Colliers International Virginia LLC announced Tuesday. The 26,290-square-foot office building at 8090 Villa Park Drive near the intersection of East Parham and Brook [...]
Northrop Grumman wins potential $250M Navy contract
Falls Church-based Fortune 500 aerospace and defense contractor Northrop Grumman Corp. announced Tuesday it has been awarded a potential $250 million contract to produce additional target vehicles for the U.S. Navy. Under the contract, Northrop Grumman will produce 19 GQM-163A Coyote supersonic sea-skimming target (SSST) missile[...]
Construction begins on $25.5M Danville manufacturing center
The Institute for Advanced Learning and Research (IALR) announced Tuesday it has broken ground on a $25.5 million, 51,250-square-foot manufacturing center on its Danville campus. The Center for Manufacturing Advancement (CMA) will offer space for manufacturing companies establishing or expanding their presence in Southern Virgin[...]
The Hilb Group announces 101st acquisition
Marking its 101st acquisition to date, Henrico County-based insurance company The Hilb Group LLC (THC) announced Tuesday it has acquired Williston Park, New York-based insurance agency Hiram Cohen & Son Inc. (HCS), effective Dec. 1. Financial details of the acquisition were not disclosed. A family company founded in 1919, HCS is still operated by founder […]
