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Henrico-based TemperPack receives $140M in financing
TemperPack Technologies has received $140 million in new equity financing, the Henrico-based manufacturer announced Tuesday. The company manufactures ClimaCell thermal liners, a recyclable, nontoxic alternative to expanded polystyrene and Styrofoam, used to ship food, pharmaceutical and other products which help to reduce waste and carbon emissions. TemperPack produces millions of ClimaCell box liners monthly from […][...]
RIR president to head Henrico sports/entertainment authority
Henrico County officials on Wednesday named longtime Richmond Raceway President Dennis Bickmeier to lead its new sports and entertainment authority. Bickmeier’s last day with the raceway, where he has led for more than a decade, is April 15. He will begin working in his new role on April 18. “With Dennis Bickmeier serving a[...]
Richmond pares down Diamond District developer pool
Story updated, March 24 at 11:45 a.m. The city of Richmond announced Wednesday that six competing development teams have been chosen out of 15 applicants to continue in the competition to redevelop the Diamond District area near the Richmond Flying Squirrels’ stadium. The city requested applications late last year for the [...]
Davenport Energy promotes Harold Thornton to president
Chatham-based Davenport Energy Inc. has promoted Harold E. “Hal” Thornton Jr. to president, the company announced Tuesday. Thornton has been with Davenport, a provider of gas, diesel fuel propane and petroleum products, for 27 years. He was initially hired as human resources director in 1995, rising through the ranks[...]
Norfolk Tourism Foundation names new director
The Norfolk Tourism Foundation and VisitNorfolk announced Thursday that Kelsey Backe is the foundation’s new director. “I am thrilled to be able to join the Norfolk Tourism Foundation and to put my skills to use supporting our current hospitality workers, our future hospitality workers and tourism research initiatives that w[...]
Roanoke College selects next president
Roanoke College’s next president will be Frank Shushok Jr., the college announced Tuesday. Shushok, Virginia Tech’s vice president for student affairs, will succeed Michael C. Maxey, who served as president for 15 years and is retiring in July, to become the school’s 12th president. “I am thrilled to welcome Presiden[...]
Cameron Foundation president to retire
The Cameron Foundation’s president, J. Todd Graham, will retire Dec. 31, the Petersburg foundation announced Monday. Graham has served as the foundation’s president since fall 2012. Under his leadership, the foundation has supported projects that have established school-based health clinics in Petersburg and Hopewell high sc[...]
Fertilizer shortage hits Va. farmers
Lewis Everett farms cotton, peanuts and small grains in Southampton County, on the Virginia-North Carolina line. He expects to take a loss this year due to the rising costs of fertilizer and crop protectants, which include herbicides and fungicides. Farmers have already negotiated some contract prices, he said. “A lot of those[...]
Smithfield Foods donates $2M to Ukraine relief efforts
Virginia-based Smithfield Foods Inc. announced a $2 million donation to relief efforts in Ukraine Monday. The nation’s largest pork processor and hog producer donated $250,000 each to the Global Red Cross Network, Mercy Chefs, Save the Children and World Central Kitchen. “Like the rest of the world, we are humbled an[...]
Carilion Clinic, Richmond firm part of $3.5M concussion grant
Roanoke-based Carilion Clinic and Richmond’s BRAINBox Solutions Inc. are part of a $3.5 million National Institutes of Health grant to research and develop a new way to diagnose brain injuries in the elderly. The research will include enrolling 300 patients with head trauma and 70 patients as controls. Patients will be followed for a year […]
Bank of America grants VUU $1M
Bank of America granted Virginia Union University $1 million for its new banking and financial services workforce development program, the university announced Monday. VUU’s Sydney Lewis School of Business will lead the program, called MORE for My Opportunity is Real Essential, in partnership with the university’s workforce development division and its Evelyn Reid Syphax School […]
CowanGates opens Williamsburg office
Richmond-based law firm CowanGates has expanded to Williamsburg and opened a new office, the firm announced March 17. The new office is located at 439 W. Duke of Gloucester St., and will initially focus on real estate law, including contract and closing negotiations, construction and permanent financing, easement agreements, cov[...]
