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Leidos sees leadership changes, effective Monday
The Reston-based Fortune 500 government contractor Leidos announced a leadership shuffle Thursday, with the following changes effective July 5. Paul Engola, the company’s chief human resources officer, will be promoted to be executive vice president of the company’s national security space department. He previously served as deputy group president for Leidos’ former defense and intelligence […][...]
JMU entrepreneurship center hires new director
James Madison University announced Thursday that Suzanne Bergmeister has been named the next executive director of its Gilliam Center for Entrepreneurship. She comes from the University of Louisville’s Forcht Center for Entrepreneurship in Kentucky, where she has been the full-time entrepreneur in residence for the past 15[...]
Va. sports bettors lay down $1B since Jan. legalization
Virginians have bet more than $1 billion on sports since it became legal in January, Virginia Lottery announced Thursday. The state was the fastest in the nation to reach that milestone, noted PlayVirginia, which tracks the gaming market. In May, the state reaped $226.9 million in sports-betting gross revenue, and bettors won a [...]
Va. new jobless claims up, while continued claims decline
Virginia’s new unemployment claims rose to 8,196 in the filing week ending June 26, but continued claims decreased, the Virginia Employment Commission reported Thursday. Last week saw an increase of 1,291 initial jobless claims from the previous week, while continued claims totaled 40,225, a decrease of 2,653 claims from [...]
Commercial truck, van floor manufacturer to build $12.8M plant in Patrick County
Prolam LLC, a Canadian manufacturer of hardwood floors for commercial trucks and dry van trailers, will invest $12.8 million to establish its first U.S. manufacturing plant at the former Ten Oaks satellite facility in Patrick County, creating 58 jobs, Virginia Gov. Ralph Northam announced Wednesday. The facility will increase Prolam’s manufacturing capacity by 50%, and […]
Shenandoah Growers taps ex-Starbucks exec as new CEO
Rockingham County-based indoor agriculture company Shenandoah Growers Inc. has appointed former Starbucks Inc. Chief Marketing Officer Matthew Ryan as the company’s new CEO. And Mike Buckley, former senior vice president of business for Postmates, has been hired as Shenandoah Growers’ chief financial officer, the com[...]
Nestlé Purina PetCare to undertake $182M expansion in King William
St. Louis-based Nestlé Purina PetCare Co. will invest $182 million to expand its pet care products manufacturing facility in King William County, Virginia Gov. Ralph Northam announced Wednesday. The factory expansion, which is scheduled to be completed by late 2023, will include a 138,000-square-foot buildout to increase manufacturing capacity for the company’s Tidy Cat litter […]
In the balance
The struggle for work-life balance was taking its toll on women professionals even before the pandemic struck. But the lack of child care and the burnout from increased workloads may now be driving some women business leaders and aspiring leaders out of the workforce altogether. A May 19 Deloitte Global study, “Women @ Work: A[...]
Timber exporter building $1.1M facility in Suffolk
Kristi Corp. a global supplier of industrial raw materials for aluminum and steel metallurgical industries, will build a $1.1 million log load and fumigation facility in Suffolk, creating 10 jobs, Virginia Gov. Ralph Northam announced Tuesday. The company will source 100% of its exports from Virginia logging companies. Virginia competed with North Carolina and Pennsylvania […]
Va. Museum of Fine Arts plans $190M expansion
The Virginia Museum of Fine Arts has hired the Detroit-based firm SmithGroup to design a new wing of the Richmond museum in a $190 million expansion and renovation project announced Tuesday. The new wing will provide space for African art, photography and 21st-century works, according to the museum. Construction is expected to b[...]
SAIC lands $90M Air Force contract
Reston-based Fortune 500 government contractor Science Applications International Corp. (SAIC) has been awarded a $90 million contract to help protect Department of Defense Combatant Commands from small unmanned aircraft systems. The contract was awarded by the U.S. Air Force and its Life Cycle and Management Center, Force Protection Division, the company announced in a Tuesday news […]
Chesterfield EDA acquires former speedway property
Chesterfield County will purchase the former Southside Speedway property for $4.5 million, according to a news release from the county’s Economic Development Authority. The county’s board of supervisors approved the transfer of funds for to the EDA for the purchase on June 23. The nearly 48,000-square-foot property purchase is part of a plan to expand […]
