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FAA probes Boeing’s possible role in 737 Max 9 cabin blowout
Nearly a week after a four-foot wall panel blew out of a Boeing plane cabin midair, exposing Alaska Airlines passengers to open air at 16,000 feet, the Federal Aviation Administration formally notified the Arlington County-based aerospace giant Wednesday that it will investigate the company’s potential role in the incident[...]
Virginia Credit Union, Member One announce merger
Chesterfield County-based Virginia Credit Union and Roanoke-based Member One Federal Credit Union announced plans to merge Thursday, a deal that would create the state’s third largest credit union, with a combined $6.7 billion in assets and 500,000 members. VACU is currently the fourth largest Virginia-based credit union, [...]
HII names two legislative affairs execs
Newport News-based Huntington Ingalls Industries has promoted Peter Courtney to corporate vice president of legislative affairs and hired Betsy Bina Benedict as director of legislative affairs. Courtney was previously HII’s director of legislative affairs and takes the place of Carolyn Apostolou, who retired in December 20[...]
ODU promotes engineering dean to VP of research
Kenneth J. Fridley has been promoted to vice president for research, Old Dominion University announced Monday. He has been in the position on an interim basis since August 2023 while also serving as dean of ODU’s Batten College of Engineering and Technology. Fridley, who began his new role Wednesday, will continue as inter[...]
Chemical producer plans $193M Suffolk expansion
Wilmington, Delaware-based Solenis, a producer of specialty chemicals for water-intensive industries, plans to invest $193 million to expand its Suffolk facility, creating 34 jobs, Gov. Glenn Youngkin announced Thursday. Solenis plans to build an 80,000-square-foot production facility, packaging facility, a tank farm and add a n[...]
Va. Tech receives two $1M endowment commitments
The Public Service Education Institute has endowed two $1 million funds at Virginia Tech to support internships, the university announced Tuesday. The endowments, each created with a $1 million commitment, will support students who have secured internships with federal, state or local government agencies, including the Virginia Cooperative Extension. One endowment will support students in […][...]
Ridge View Bank hires new SVP for New River Valley
Ridge View Bank has hired Todd Murray as senior vice president of commercial banking in the New River Valley, the Roanoke-based bank announced Wednesday. Murray will lead an expansion of bank’s commercial banking services in the New River Valley and will be responsible for loan and deposit production, collaborating with the ba[...]
Former Gentry Locke managing partner dies
G. Michael “Mike” Pace Jr., managing partner of Roanoke’s Gentry Locke law firm for several years and a former Virginia Bar Association president, died Jan. 8 after a long illness. He was 66. Pace, a Salem native, spent nearly his whole career at the Roanoke law firm, starting as a summer associate in 1983 and [&hellip[...]
Jim Price Auto Group sells last dealership
Charlottesville-based Jim Price Auto Group has sold its Chevrolet dealership — its final franchise — to Malloy Auto Group. Financial terms of the transaction were not disclosed. Price Chevrolet is located on more than 10 acres on Seminole Trail in Charlottesville, according to a Tuesday news release from auto dealer sell-side adviser Kerrigan Advisors, which […]
Ferguson acquires 3 companies
U.K. plumbing and heating products distributor Ferguson plc has agreed to acquire two North American companies and closed on a third acquisition, the company announced Tuesday. Ferguson plc is the parent company of Newport News-based plumbing, HVAC and industrial product distributor Ferguson Enterprises. Ferguson has agreed to acquire Toronto-based Yorkwest Plumbing Supply, a distributor of […][...]
Bon Secours VP named American Diabetes Association board chair
Rhodes B. Ritenour, Bon Secours’ Richmond market vice president for external and regulatory affairs, is the 2024 board chair of the American Diabetes Association, the Arlington County-based nonprofit announced Thursday. A former deputy state attorney general, Ritenour has lived with type 1 diabetes since age 5 and served as ch[...]
SAIC lands $375M Navy contract
Science Applications International Corp. has won a $375 million U.S Navy contract supporting the Naval Information Warfare Center Atlantic, the Reston-based Fortune 500 federal contractor announced Tuesday. Under the five-year contract, SAIC will provide Command, Control, Communications, Computers (C4) Intelligence, Surveillance and Reconnaissance (ISR) fielding and integration on land-based vehicle platforms in continental and overseas[...]
