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Lumber company to invest $11M in Caroline County
Gatesville, North Carolina-based lumber company Ashton Lewis Lumber Co. will invest $11 million to establish a specialty Southern yellow pine sawmill in Ruther Glen (part of Caroline County), Gov. Ralph Northam announced Friday. The company has also committed to sourcing 90% of its pine lumber purchases from Virginia forestland owners as part of the investment. […]
Virginia Business wins two national journalism awards
Virginia Business won two national journalism awards Thursday at The Alliance of Area Business Publishers’ (AABP) Editorial Excellence awards. The magazine placed gold in the “best feature” category for freelance writer Greg Weatherford’s November 2019 cover story, “The rise of the millennials,̶[...]
‘Our chance to restart and reinvent’
As part of its COVID-19 economic recovery initiative Project Rebound, the Charlottesville Regional Chamber of Commerce on Thursday released a blueprint outlining recovery action steps for the business community. Produced by Big Four accounting firm KPMG LLP, the “Blueprint for Economic Resiliency and Reinvention in the Great[...]
Loudoun County funds 400 additional small businesses
Loudoun County Economic Development on Tuesday randomly selected 400 local small businesses to each receive $5,000 COVID-19 Business Interruption Fund grants, totaling $2 million. The funding was allocated from the $36.1 million in federal funding to Loudoun County from the Coronavirus Aid, Relief and Economic Security (CARES) A[...]
Reston security firm acquired by French company
Reston-based managed security firm Paladion will be acquired by Bezons, France-based information technology company Atos. A transaction amount was not disclosed. “We found with Paladion a mature team and advanced technology built to deliver outcomes and reduce customers risks,” Pierre Barnabé, Atos senior executive vice president and head of big data and cybersecurity, said in […]
Arlington stock media company acquired by Boston firm
Arlington-based stock media company Storyblocks will be acquired by Boston-based private equity firm Great Hill Partners, the companies announced Thursday. A transaction amount was not disclosed. “We have seen dramatic changes to workflows for customers ranging from freelancers to small businesses to major production studios in recent years as they adapt to an ever-increasing demand […][...]
City of Suffolk names HR director
Suffolk City Manager Patrick Roberts announced Thursday that Robin Wynn will be the city’s new director of human resources, effective July 1. Wynn was most recently the human resources director for the Virginia Alcohol Beverage Control Authority in Richmond. With more than 28 years of experience, she has also served in hum[...]
Averett University names chief entrepreneurship, innovation officer
Averett University announced Thursday that John Vigouroux will join the university as its first chief entrepreneurship and innovation officer. He also will lead the new Averett Center for Entrepreneurship and Innovation. The center will serve as a learning lab and entrepreneurial space for students. The goal of the center is to [...]
375K+ remain unemployed in Va. during pandemic
More than 375,000 Virginians are still unemployed following the economic fallout from the COVID-19 pandemic, though the number of initial jobless claims across the commonwealth continues to decrease. The Virginia Employment Commission (VEC) announced Thursday that 874,779 people have filed initial unemployment claims since March 15. However, the total of initial claims for the week […]
McLean company to send six satellites into orbit
Los Angeles-based aerospace manufacturer Relativity Space announced Wednesday that McLean-based Iridium Communications Inc. has signed a contract to deliver up to six of Irdium’s satellites into orbit. Iridium currently operates a network of 66 satellites used for mobile voice and data communications. A contract amount was[...]
Reston network security firm taps new president
Reston-based tech and network security company Electrosoft announced Wednesday it has hired Manuel Miranda as its new president. In his new role, he will focus on company growth, business development, customer operations, information technology, human resources and recruiting. Before joining Electrosoft, Miranda had been chief o[...]
Reston tech firm names chief technology officer
Reston-based data and analytics tech firm Hitachi Vantara Federal Corp. announced Wednesday it has promoted Gary Hix to chief technology officer. As CTO, he will ensure products meet federal standards and work with the company’s government clients to develop new products. Hix most recently led the Hitachi Vantara Federal solut[...]
