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Va. allocates $116M CARES funding for higher ed
As public universities and medical centers have depleted previously allocated federal dollars, Gov. Ralph Northam is directing more than $116 million in federal CARES Act funding to higher education institutions in Virginia, the governor announced Tuesday. Funding will go to public universities and medical centers in support of telework, distance learning, personal protective equipment, sanitization […][...]
Stars in their eyes
When 19th-century movers and shakers picked sleepy Roanoke as the site of the crossroads linking the Shenandoah Valley and Norfolk & Western railroads, the town grew with such force and speed that it earned the now-obscure nickname “Magic City.” Over the decades that followed, thousands of Roanokers toiled for the N&[...]
ACLU-Virginia’s Gastañaga announces retirement
Claire Gastañaga, executive director of the American Civil Liberties Union of Virginia, announced her retirement Monday. She will remain in her position until March 31 or as soon as a successor is found, the organization said in a news release. Hired in 2012, Gastañaga has overseen major growth of the organization, which incre[...]
McLean tech company buys D.C.-based firm
McLean-based information technology company Ntiva Inc. announced Thursday it has acquired Washington, D.C.-based eGuard Technology Services. Financial terms of the transaction were not disclosed. Ntiva provides managed IT, cloud hosting, cybersecurity, communications and strategic IT consulting services, while eGuard monitors, maintains and secures customer IT infrastructures through a single point management system. “eGuard Tech has [...]
PAE to acquire Mass.-based tech company for $208M
Falls Church-based defense and government services contractor Pacific Architects and Engineers (PAE) announced Monday plans to acquire Burlington, Massachusetts-based Centra Technology Inc. for $208 million in cash. “By acquiring Centra, PAE realizes a significant milestone in the execution of our strategic growth plan to be a provider of innovative, higher margin, knowledge-based offerings in attractive, […][...]
Labor market continues recovery in mid-October
Despite ongoing pandemic struggles, the labor market continued to improve during the week ending Oct. 17, but at a slower pace than at the start of the recovery, according to Virginia Commonwealth University and Arizona State University economists. Early October saw 68.4% of working age adults employed, a more than 8% increase c[...]
N.C. furniture manufacturer to create 150 jobs in Pittsylvania
North Carolina-based Ison Furniture Manufacturing Inc. will invest $3.5 million to acquire and renovate the recently closed A.C. Furniture Co. Inc. facility in Pittsylvania County, creating 150 jobs, Gov. Ralph Northam announced Monday. Ison furniture will also purchase new assembly and production equipment for its upholstered furniture products. Its supplier, Dogwood Global LLC, will occupy […][...]
Virginia COVID-19 rate remains steady at 5%
Virginia recorded an increase of 7,447 COVID-19 cases and 124 deaths last week, according to Virginia Department of Health statistics reported Monday, Oct. 26. The state’s positivity rate remained at 5% for the second week. As the nation sees surges in coronavirus cases, hospitalizations and deaths across the South, West and Midwest, the numbers in […]
VMI superintendent resigns amid racism probe
Following Virginia Gov. Ralph Northam’s announcement of a probe into allegations of racism at Virginia Military Institute, the school’s superintendent, retired U.S. Army Gen. J.H. Binford Peay III, has resigned. In a letter dated Oct. 26, Peay said that the probe announced by Gov. Ralph Northam and other top state le[...]
Chesterfield County retail property sells for $1M
A multi-tenant retail property in Chesterfield County sold for $1 million, Cushman & Wakefield | Thalhimer announced last week. Located at 10801 Midlothian Turnpike, the 9,735-square-foot property was 100% leased at the time of the sale to Howes Car Stereo, SMG Imports and My Elite Physique, said Cushman & Wakefield | Thalhimer Senior Vice President […]
Home sales continue to surge in September
Virginia continues to see home sales surge, with a 35% increase during September, according to Virginia Realtors. Sales were up by a staggering 80% in Eastern Virginia when compared to last year. Northern Virginia saw a 37% increase, and Central Virginia saw a 24% jump. Although home sales historically slow following the summer season, the […]
Viva Virginia
Danville once stood tall as a driver of Virginia’s economy, an epicenter both for textile production at Dan River Mills and for tobacco when it was still the commonwealth’s golden leaf. Both industries came crashing down in the 2000s. A rising tide of public sentiment led to tobacco’s decline, and the federal q[...]
