Sign In
Free Newsletter
Son replaces father as Smith-Midland Corp. chairman
Rodney I. Smith, who worked at his family’s precast concrete company in Fauquier County for 62 years, has stepped down as Smith-Midland Corp.’s board chairman, making way for his son, Ashley B. Smith, who is also president and CEO. The company, which manufactures, licenses, rents and sells precast concrete products, [...]
ChildFund International taps next CEO
Isam Ghanim will replace Anne Lynam Goddard as president and CEO of ChildFund International, the Richmond-based global nonprofit announced Monday. Goddard is set to retire in May after 15 years leading the organization. Ghanim is currently president of Search for Common Ground, a $60 million nonprofit organization focused on end[...]
VCU names new business school dean
Naomi Boyd, an associate dean from West Virginia University, has been hired as the dean of the Virginia Commonwealth University School of Business, the Richmond university announced Monday. Boyd will replace interim dean S. Douglas Pugh on July 1. She is currently associate dean for innovation, outreach and engagement, as well a[...]
CTSI acquires N.C. tech firm
Chantilly-based technology firm Corbett Technology Solutions Inc. (CTSI) has acquired Knightdale, North Carolina-based Systems Electronics Inc., the company announced Jan. 20. Financial terms of the transaction were not disclosed. CTSI is a portfolio company of Chicago-based private equity firm Wind Point Partners and this makes CTSI’s eighth transaction since it was acquired by Wind Point […][...]
U-Haul to build self-storage facility in Danville
U-Haul Moving & Storage of Riverview will build a 100,000-square-foot, multistory self-storage unit on nine acres in Danville, the company announced Friday. The facility, which will contain at least 700 indoor storage units, will be built northwest of Riverview Drive and east of Park Avenue. “We’re in expansion mode,” said U-Haul Co. of Southern Virginia […]
Va. housing market broke records in 2021
Last year Virginia’s housing market was one for the record books, according to a new report released Jan. 21 by Virginia Realtors. In 2021, there were 154,340 home sales statewide, a 10.2% increase over 2020, according to the industry association. The median sales price was $350,000, a $30,000 jump, or 9.4% increase, from the previous […]
Parsons lands $100M COVID testing contract
Centreville-based defense contractor Parsons Corp. has been awarded a task order to provide COVID-19 tests to Department of Homeland Security and Immigration and Customs Enforcement facilities across the United States, the company announced Jan. 19. Parsons will supply emergency-use authorized, portable, rapid molecular and rapid antigen test kits to DHS, as well as provide logistics, […]
Lawmakers debate human trafficking bill
RICHMOND, Va. — Legislators raised a few questions with a measure that would deploy hotel staff to help combat human trafficking. The bill introduced by Del. Shelly A. Simonds, D-Newport News, was heard Thursday in a House subcommittee. House Bill 258 would authorize the Department of Criminal Justice Services to create an[...]
JBG Smith breaks ground on two mixed-use towers in Arlington
Maryland-based developer JBG Smith Properties announced Tuesday that it had started construction on two mixed-use towers in National Landing. The multifamily towers, located at 2000 and 2001 S. Bell St., will bring 775 rental apartments and nearly 27,000 square feet of retail space to National Landing. “The start of constructi[...]
Blue Ridge Bank, FVCbank merger called off
The merger of the parent companies of Charlottesville-based Blue Ridge Bank and Fairfax-based FVCbank has been called off, the companies announced late Thursday. Blue Ridge Bankshares Inc. and FVC Bankcorp Inc. mutually agreed to terminate the agreement, which was first announced in July 2021. The companies delayed the merger,[...]
Virginia ABC stores to change to noon opening
The Virginia Alcoholic Beverage Control Authority will change its daily opening hours to noon at its 395 stores starting Monday. Staffing stores has become difficult as “increasing numbers of ABC’s retail employees continue to be affected by COVID-19,” the authority said in a news release. Store closing times will remain t[...]
Peraton names SVP and chief procurement officer
Dan Ostrosky became senior vice president and chief procurement officer for federal contractor Peraton Inc. on Monday. “Dan brings decades of proven experience in both procurement and profit and loss leadership and has a thorough understanding of how a strategically aligned procurement organization can be a force multiplier,�[...]
