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Labor market continues recovery in mid-October
Despite ongoing pandemic struggles, the labor market continued to improve during the week ending Oct. 17, but at a slower pace than at the start of the recovery, according to Virginia Commonwealth University and Arizona State University economists. Early October saw 68.4% of working age adults employed, a more than 8% increase c[...]
N.C. furniture manufacturer to create 150 jobs in Pittsylvania
North Carolina-based Ison Furniture Manufacturing Inc. will invest $3.5 million to acquire and renovate the recently closed A.C. Furniture Co. Inc. facility in Pittsylvania County, creating 150 jobs, Gov. Ralph Northam announced Monday. Ison furniture will also purchase new assembly and production equipment for its upholstered furniture products. Its supplier, Dogwood Global LLC, will occupy […][...]
VMI superintendent resigns amid racism probe
Following Virginia Gov. Ralph Northam‘s announcement of a probe into allegations of racism at Virginia Military Institute, the school’s superintendent, retired U.S. Army Gen. J.H. Binford Peay III, has resigned. In a letter dated Oct. 26, Peay said that the probe announced by Gov. Ralph Northam and other top state le[...]
Chesterfield County retail property sells for $1M
A multi-tenant retail property in Chesterfield County sold for $1 million, Cushman & Wakefield | Thalhimer announced last week. Located at 10801 Midlothian Turnpike, the 9,735-square-foot property was 100% leased at the time of the sale to Howes Car Stereo, SMG Imports and My Elite Physique, said Cushman & Wakefield | Thalhimer Senior Vice President […]
Home sales continue to surge in September
Virginia continues to see home sales surge, with a 35% increase during September, according to Virginia Realtors. Sales were up by a staggering 80% in Eastern Virginia when compared to last year. Northern Virginia saw a 37% increase, and Central Virginia saw a 24% jump. Although home sales historically slow following the summer season, the […]
Danville Community College announces Morgan Olson collaboration
Danville Community College (DCC) on Thursday announced a collaboration agreement with North America’s largest walk-in van manufacturer, Morgan Olson LLC, for training and talent development. Working with the Virginia Talent Accelerator Program and the Virginia Economic Development Partnership (VEDP), DCC and Morgan Olson d[...]
Mt. Jackson firm buys German lab company
Mt. Jackson-based preclinical and clinical archiving company StageBio announced Tuesday it has acquired Freiburg, Germany-based TPL Path Labs. Terms of the acquisition were not disclosed. StageBio provides GLP-compliant (good laboratory practice) necropsy, histology, pathology and specimen archiving services for both preclinical and clinical research. The combined company will offer other services including histopathology, molecular p[...]
CACI wins $86.5M Homeland Security task order
The U.S. Department of Homeland Security awarded Arlington-based federal technology contractor CACI International Inc. a five-year, $86.5 million task order to analyze open-source data to prevent criminal, fraud, risk and terrorism activity. Under the task order, CACI will work to identify event patterns through data analysis approaches aimed at detecting criminal groups, conspiracies and activities […][...]
Leidos secures $149.2M Navy contract
The U.S. Navy awarded Reston-based Fortune 500 federal contractor Leidos Holdings Inc. a $149.2 million contract to provide services and supplies for the Naval Array Technical Support Center facility‘s operations, the Department of Defense announced Thursday. The majority of the work on the contract will be performed in Newport, Rhode Island; Reston and Virginia Beach. […]
ManTech lands $260M Navy task order
The U.S. Department of Defense awarded Herndon-based ManTech, a technology contractor for U.S. defense, intelligence and federal civilian agencies, a four-year, $260 million task order to update the U.S. Navy’s mission systems for its maritime patrol and reconnaissance aircraft. Under the task order, ManTech will work to m[...]
Northam directs $22M to future COVID vaccine program
While COVID-19 vaccines have yet to be approved in the United States, Gov. Ralph Northam announced Friday that the state government has earmarked $22 million in federal CARES Act to establish a statewide program to distribute vaccines once they’re ready. The commonwealth submitted its draft vaccination plan to the Centers for Disease Control and Prevention […]
Accenture Security managing director leaving
Anup Ghosh is leaving his position as managing director and global platforms lead for Arlington-based Accenture Security to become the CEO of Bethesda, Maryland-based Fidelis Cybersecurity. Hired in 2018, Ghosh directed the U.S. security division of Ireland-based Accenture plc, a global professional services provider that posted[...]
