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Bay Banks of Virginia Inc. announces workforce reduction
The holding company for Bank of Lancaster and Bay Trust Co. will eliminate nine positions.
Colonna’s Shipyard plans to add 51 positions in Norfolk
The ship repair company will invest over $30 million to expand.
TowneBank to acquire Monarch Financial in deal worth $220.6 million
Combination of Hampton Roads banks will create an institution with $7.3 billion in assets.
Manor House Assisted Living breaks ground on new senior living campus in Henrico County
$21 million project represents first phase of a planned $30 million campus.
Walmart buys 18 acres for a supercenter in eastern Henrico County
Retail chain pays nearly $5 million for land at former Fairfield Commons Mall.
Checkers restaurant chain is expanding in Northern Virginia and Richmond
The fast-food burger chain plans to open 10 to 12 new restaurants in metro Washington.
Genworth promotes Kevin Schneider as chief operating officer
The appointment is effective Jan. 1.
Brian O. Hemphill selected as next president of Radford University
He currently leads West Virginia State University.
Virginia Beach firm is spinning off its family-law practice
Poole Mahoney is changing its name to Poole Brooke Plumlee.
Virginia Tech to study trucker safety provision
Researchers will examine driver behavior when allowed to have more flexible sleeping arrangements.
German company opening first U.S. manufacturing operation
A subsidiary of TAG Chemicals GmbH is setting up shop in Virginia Beach.
