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Va. Dems lead in big fundraising, smaller grassroots donations
RICHMOND, Va. — Everyone calls the upcoming General Assembly election high stakes, but it is also top dollar. More than $158 million has been funneled into the House and Senate races this election cycle, a more than 30% increase since the last time all 140 seats in the General Assembly were up for election back in 2019. [&he[...]
Va. early voting period ends with overall lower turnout
RICHMOND, Va. — Over 62,000 Virginians ventured out to the polls on a sunny November day for the last chance to vote early. The early voting period saw 776,931 votes cast, with most of it done in person, according to data from the Virginia Public Access Project. Absentee mail-in ballots are still being accepted. There was a�[...]
Bain Capital affiliate to acquire Guidehouse for $5.3B
Guidehouse has entered into an agreement to be acquired by a Bain Capital Private Equity affiliate for $5.3 billion, the McLean-based consultancy announced Monday. The investment will support Guidehouse’s growth plans, the company said, and it will continue to operate under its current management team, which is led by Chai[...]
Majority of Va. voters want recreational cannabis market
RICHMOND, Va. — Victorious lawmakers elected on Nov. 7 will once again grapple with whether the state should create a recreational cannabis retail market. A recreational market is likely dependent on which party can gain control of the General Assembly, though it ultimately might not matter under the current governor. A ma[...]
EVMS, ODU merger pushed to July 2024
The merger of Eastern Virginia Medical School into Old Dominion University has been pushed back six months, to July 1, 2024, instead of January as originally planned, ODU President Brian O. Hemphill announced Friday during his State of the University address. While that date still meets the deadline set by Gov. Glenn Youngkin an[...]
Brick Industry Association names new prez, CEO
The Reston-based Brick Industry Association has announced that Tricia Mauer will become its next president and CEO on Jan. 1, 2025. Mauer, who has served as the association’s vice president of membership and programs since 2016, will take over as chief operating officer for the organization on Jan. 1, 2024, and work in tha[...]
Urban One chair, radio hosts slam casino foes on air
Updated Nov. 4 Richmond casino referendum rhetoric took an ugly turn this week, as an Urban One radio host in Richmond compared anti-casino campaigner Paul Goldman to biblical traitor Judas and negatively referenced his Jewish faith — drawing condemnation as antisemitic speech — while speaking on air Wednesday about the casi[...]
Former Lynchburg Chapstick factory sells for $1.9M
A 218,818-square-foot industrial property in Lynchburg where Chapstick was once manufactured has sold for $1.9 million, Cushman & Wakefield | Thalhimer said. Valley Properties purchased the industrial/manufacturing building, located at 1000 Robins Road, from KDC/One as an investment. KDC/One, a global contract manufacturer o[...]
Williamsburg medical office sells for $1.75M
A medical office in Williamsburg has sold for $1.75 million. 320 Monticello LLC sold the 9,000-square-foot office building at 320 Monticello Ave. to Stellar Ventures LLC as an investment. The building is 100% leased and located directly across the street from William and Mary’s School of Education and Midtown Row apartments. C[...]
Glass manufacturing operation to create 659 jobs in Prince George
PGT Innovations, a Florida-based manufacturer and supplier of windows and doors, will invest $54.3 million to establish a glass manufacturing operation in the former Rolls-Royce facility in Prince George County’s Crosspointe Logistics Center, creating 659 jobs, Gov. Glenn Youngkin announced Friday. Virginia competed with A[...]
Kings Dominion parent Cedar Fair and Six Flags announce $2B merger
Cedar Fair Entertainment, the parent company of Kings Dominion, is merging with Six Flags Entertainment in an all-stock deal valued at $2 billion, the companies announced Thursday. Cedar Fair unitholders will own 51.2% and Six Flags shareholders will own approximately 48.8%. Together, the two companies will have a combined 27 am[...]
$14.9M manufacturing facility coming to Russell County
Tate, a data center supplier, will invest $14.9 million to establish a new manufacturing facility in Russell County, creating 170 jobs, Gov. Glenn Youngkin announced Thursday. The new plant will focus primarily on data center component manufacturing and containment products to serve clients in Virginia and other data center sites. “I’m proud that the commonwealth […]
