Sign In
Free Newsletter
Insurance startup to create 70 jobs with Henrico HQ
Startup specialty property and casualty insurance holding company Richmond National Insurance Co. (RNIC) will create about 70 jobs over the next three years as it establishes its headquarters in Henrico County, Gov. Ralph Northam announced Friday. “The commonwealth is always looking to create an environment that supports startups and businesses of all sizes,” Northam said […]
Scott County Tempur Sealy bedding factory to add 25 jobs
Tempur Sealy International Inc. is expanding its Duffield facility in Scott County, the Virginia Coalfield Economic Development Authority announced Thursday. The bedding company known for its Tempur-Pedic, Posturepedic and Stearns & Foster mattresses, among others, is headquartered in Lexington, Kentucky, but has two manufacturing facilities: one in Albuquerque, New Mexico, and one in Southwest Virginia. […][...]
U.S. Senate Federal Credit Union opens new Alexandria HQ
United States Senate Federal Credit Union (USSFCU) held a grand opening for its Braddock Station corporate headquarters and retail branch in Alexandria on Wednesday. USSFCU selected 1310 Braddock Place, previously home to the National Industries for the Blind, in 2018. The new Bowman Branch on the first floor replaces the credit[...]
Sugar alternative company to create 64 jobs in Albemarle County
Virginia sugar alternatives company Bonumose Inc. will invest $27.7 million to expand in Albemarle County in a partnership with The Hershey Co. to research and develop reduced or zero sugar chocolate products, creating 64 jobs, Gov. Ralph Northam announced Thursday. Bonumose will move into 36,000 square feet in the former State Farm building to increase […]
CGI Building in Fairfax sells for $55.3M
The CGI Building in Fairfax sold for $55.3 million on Oct. 5. Located at 12601 Fair Lakes Circle, the 10-story office building is 259,511 square feet and occupies 8.36 acres. It is 88% leased to four tenants, primarily government contractors, and anchored by CGI Federal Inc., part of CGI Inc. The property was recently renovated [...]
Going cold turkey
To get a turkey on your Thanksgiving table this year, you may have to plan ahead. And even so, ham, pork tenderloin, chicken or even tofurkey might have to fill in as substitutes. Ukrop’s Homestyle Foods, the Richmond-based prepared food business spun off from the former regional grocery store chain, informed its customers[...]
Apartment buildings in Petersburg sell for $9.4M
The High Street Lofts in Petersburg sold for $9.4 million, Colliers | Virginia announced Wednesday. Located at 420, 422 and 526 High St., the lofts have an estimated 75,650 square feet of rentable space, and the 69 units are all occupied. Originally constructed as the Seward Luggage and Trunk Co.’s factory, the properties [...]
U.Va. nursing school dean elected International Council of Nurses president
University of Virginia School of Nursing Dean Pamela Cipriano was elected as the 29th president of the International Council of Nurses at the group’s Council of National Nursing Association Representatives on Oct. 6. Cipriano, who is also the U.Va. Sadie Health Cabaniss Professor of Nursing, was president of the American N[...]
General Dynamics subsidiary wins $482M contract modification
A subsidiary of Reston-based Fortune 100 contractor General Dynamics Corp. won a $482 million modification for a previously awarded U.S. Navy contract, the Department of Defense announced Friday. Under the cost-plus-fixed-fee modification from Naval Sea Systems Command, Groton, Connecticut-based General Dynamics Electric Boat Corp. will continue to provide lead yard support, as well as development […][...]
Richmond marketing Diamond property for redevelopment
The city of Richmond announced Monday it is marketing the 66.7-acre Diamond baseball stadium property as an area for redevelopment, which likely would include a new stadium for the Richmond Flying Squirrels baseball team. A new website will be launched soon, preceding a “request for interest” released before the end [...]
Bowman Consulting Group acquires Denver engineering firm
Reston-based civil engineering company Bowman Consulting Group Ltd. has acquired Denver-based building services engineering firm PCD Engineering Inc., it announced Monday. Financial terms of the transaction were not disclosed, but the acquisition was financed with a combination of cash, seller financing and stock. Bowman expects the company to initially contribute about $2.5 million of annual […][...]
65 acres in Greene County sell for $4.55M
Sixty-five acres in Ruckersville, in Greene County, sold for $4.55 million, Cushman & Wakefield | Thalhimer announced Monday. Merrit Greene LLC bought the acreage, located at 7070 Seminole Trail, from LAMM Properties LLC for future mixed-use development. John Pritzlaff and Jenny Stoner with Cushman & Wakefield | Thalhime[...]
