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Jul 8, 2024

Jefferson Lab names next director

The Thomas Jefferson National Accelerator Facility has named a new director, Kim Sawyer, who will replace Stuart Henderson, the lab’s director since 2017.  Sawyer will start her new post at the Newport News facility Aug. 2, according to a Jefferson Science Associates news release Monday. Having previously served as deputy[...]

Chandra Briggman
Jul 8, 2024

Briggman leaving post as CEO of Activation Capital

Chandra Briggman is leaving her position as president and CEO of Activation Capital, the Richmond tech incubator announced Monday. Her last day is Friday. Briggman joined Activation Capital, an accelerator arm of the Virginia Biotechnology Research Partnership Authority, in May 2020; the organization includes a biotech park, sta[...]

An aerial view from Chesapeake property records of the shopping center at 4300 Portsmouth Blvd.
Jul 8, 2024

Chesapeake shopping center sells for $20.05M

A community shopping center in Chesapeake sold for $20.05 million in early June, property records show. Located at 4300 Portsmouth Blvd., adjacent to the Chesapeake Square mall, the roughly 180,000-square-foot shopping center sold for $18.847 million, and an associated 1.32-acre outparcel sold for $1.203 million. The shopping ce[...]

The property at 11124 Jefferson Ave. in Newport News is leased to Wawa. Photo courtesy Cushman & Wakefield | Thalhimer
Jul 8, 2024

Wawa parcel in Newport News bought for $4.5M

A property leased to a Wawa in Newport News sold for $4.5 million, Cushman & Wakefield | Thalhimer announced Monday. OMILOS LLC — registered to an Arlington County address — bought the 1.95-acre parcel located at 11124 Jefferson Ave. Property records show that Athanasios K. Polyzos previously owned the property, beginnin[...]

Jul 3, 2024

Navy Region Mid-Atlantic changes command

After serving as commander of the Navy Region Mid-Atlantic for a little over a year, Navy Rear Adm. Wesley “Wes” McCall finished his duties Wednesday and has been succeeded by Rear Adm. Carl A. Lahti. As of Wednesday, Lahti now oversees 13 installations from Illinois to North Carolina and is stationed at the world[...]

Jul 3, 2024

Hitachi Energy plans $26M expansion in Halifax County

Hitachi Energy plans to invest $26 million into expanding its South Boston facility, that manufactures transformers, a move expected to create about 100 jobs, according to a news release the company shared with a few stakeholders in the Southern Virginia region in June.  In April, Hitachi announced plans to invest over $1.5 bil[...]

Jul 3, 2024

Mars acquires two veterinary diagnostics businesses

Mars has completed its acquisition of two veterinary diagnostics businesses based in France, the McLean-headquartered candy and pet care corporation announced Tuesday. Mars purchased Cerba HealthCare’s ownership stake in Cerba Vet, a network of six veterinary diagnostics laboratories in France, and Antagene, which provides DNA testing for dogs, cats, horses and wildlife, as well as […][...]

Jul 2, 2024

Dewberry wins $810M FEMA contract

The Department of Homeland Security has awarded Dewberry, an engineering, architecture and construction firm in Fairfax County, an $810 million contract to deliver logistics planning and construction services to the Federal Emergency Management Agency, according to a System for Award Management (SAM) notice published Friday. The indefinite-delivery, indefinite-quantity contract will support FEMA’s Logistics Management Directorate, [&h[...]

Jul 1, 2024

Maryland and Virginia bankers associations merge

The Maryland Bankers Association and the Virginia Bankers Association have merged, creating the Mid-Atlantic Bankers Association holding company, according to an announcement Monday.  The Mid-Atlantic Bankers Association will serve as a holding company headquartered in Glen Allen, and MBA and VBA will operate as subsidiaries. A[...]

Jul 1, 2024

Boeing to purchase Spirit AeroSystems in $4.7B+ deal

Beleaguered aerospace and defense giant Boeing announced Monday it has entered an agreement to reacquire Boeing spinoff company Spirit Aerosystems in a $4.7 billion, all-stock transaction. The Fortune 500 company headquartered in Arlington County will also assume Spirit’s net debt, so the deal’s total value is approx[...]

A man speaks in front of a dump truck.
Jul 1, 2024

Work begins on Stafford County industrial park

NorthPoint Development, a real estate operating company based in Kansas City, Missouri, broke ground in Stafford County on Tuesday on what’s being touted as the largest industrial park project along Interstate 95 from Washington, D.C., to Richmond.  The Austin Ridge Logistics Center on Austin Ridge Drive in Stafford will incl[...]

Like many universities, George Mason University is addressing the problem of how best to reduce costs for students seeking to avoid extreme loan debt. Photo courtesy George Mason University
Jun 28, 2024

Youngkin peppers university boards with GOP power players

With Gov. Glenn Youngkin’s appointees slated to hold majorities on the state’s university boards beginning July 1, the governor announced dozens of last-minute university board appointments Friday afternoon, shortly before the members’ four-year terms take effect Monday. Although many of the new appointees are[...]

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