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Second Petersburg casino bill dies in Senate committee
Updated Friday, Feb. 17 Petersburg voters won’t get an opportunity to approve a casino this fall, and Richmond may get a second chance to vote on a casino referendum in 2023, state legislators decided Thursday in a 10-6 vote. However, the matter could come down to last-minute state budget negotiations. The Virginia State S[...]
Valiant receives $530M food services contract
Herndon-based government contractor Valiant Integrated Services will provide food distribution services to land-based military establishments, embassies and U.S. Navy vessels at ports in the southern Arabian Peninsula and East African nations under a contract worth up to $530 million, the Pentagon announced Feb. 10. The firm-fixed price, indefinite-delivery/indefinite-quality contract has an ordering period end date […][...]
It’s official — Ford plant going to Michigan
Ford Motor Co. announced Monday that it will build an electric vehicle battery plant in Michigan, a $3.5 billion project that Virginia was considered for until Gov. Glenn Youngkin pulled the state out of it late last year. Youngkin’s concern, he said in January, was over the involvement of China-based Contemporary Amperex [...]
ASM Global to develop, run GreenCity arena in Henrico
ASM Global will develop and operate the 17,000-seat arena at Henrico County’s $2.3 billion GreenCity development, county officials announced Monday. Billed as what will be the nation’s greenest arena with net-zero energy impact, the venue is set to be part of a multiuse community with a focus on environmental sustain[...]
Maxar public sector receives $192M NGA contract
Maxar Technologies’ Herndon-based public sector division has received a five-year contract worth up to $192 million from the National Geospatial-Intelligence Agency, the company announced Wednesday. Under the contract, Maxar, which has its corporate headquarters in Colorado, will provide the U.S. Foreign Commercial Imagery Program, which includes multiple U.S. allies and partners with services including high-resolution, […][...]
$130M mixed-use development planned for Hampton
A proposed $130 million development will bring 118 townhomes, 284 luxury apartments, 96 senior apartments and 6,000 square feet of retail space to Hampton. The project, called The Olde Hampton Village, will span 16 parcels across nearly 23 acres near downtown Hampton, at the former site of the Lincoln Park housing development, o[...]
Markel announces next CFO
Teri Gendron will succeed Jeremy Noble as Markel Corp.’s chief financial officer on March 20, the Glen Allen-based Fortune 500 insurance and investment firm announced Tuesday. Noble became president of Markel’s insurance operations earlier this year. Gendron will oversee and manage the holding company’s financial operations across its three divisions: insurance, investments and Markel Ventures. […][...]
Virginia ABC announces next Pappy lotteries
The Virginia Alcoholic Beverage Control Authority is again seeking to slake customers’ thirst for Pappy Van Winkle whiskeys by holding online lotteries for several varieties in February and March. Virginia ABC customers can enter online for the chance to purchase several varieties of the prized whiskeys, including one bottle o[...]
YHB chooses next CEO
Winchester-based accounting and consulting firm Yount, Hyde & Barbour Principal Tom Milburn will become the firm’s CEO on Oct. 1, succeeding CEO Scott Moulden. YHB announced Milburn’s election by its board on Tuesday. “As part of our new strategic plan, the YHB board recognized that there is value to identifying the n[...]
Petersburg casino bill passes Va. House
The Virginia House of Delegates narrowly passed a bill Tuesday that would allow Petersburg residents to vote on a casino referendum this fall. The legislation moves next to the Virginia State Senate, where a similar bill died in committee. Del. Kim Taylor, R-Dinwiddie, sponsored HB 1373, which passed 49-44 in the full House vote[...]
Magical moments
2023 BEST PLACES TO WORK — LARGE EMPLOYERS WINNER The pandemic put a damper on workplace culture, which was particularly difficult for service-oriented organizations like Vaco, a Tennessee-based national staffing and consulting firm with an office in Richmond. Recruiters and salespeople are typically more social and outgoing, [...]
Health first
2023 BEST PLACES TO WORK — SMALL EMPLOYERS WINNER SmartEdge IT LLC, a Herndon-based business software development company, places a high premium on employee health and well-being. SmartEdge pays 100% of the premium for its health care package and provides $50,000 life insurance policies for all full-time employees, benefits th[...]
