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Duke’s Mayo to be name sponsor of former Belk Bowl game
Duke’s Mayonnaise, owned by Richmond’s C.F. Sauer Co., will be the title sponsor of a regular-season college football game in September and a bowl game hosted in Charlotte, North Carolina, the company announced Thursday with the Charlotte Sports Foundation. Financial terms of the four-year contract were not disclosed[...]
Charlottesville Chamber to distribute reopening toolkits
The Charlottesville Regional Chamber of Commerce on Wednesday announced that its COVID-19 economic recovery initiative Project Rebound will distribute 500 reopening toolkits to local businesses starting Monday, June 22. The Project Rebound toolkits include branded items that communicate standards such as complying with occupancy[...]
Allianz Partners names new CEO
Henrico County-based travel insurance company Allianz Partners announced Wednesday that Elena Edwards has been promoted to CEO of the German company’s United States business unit. The company employs approximately 1,000 people in the Richmond region. She succeeds Michael J. Nelson, who left the company for another travel i[...]
Divaris hires principal for Richmond office
Virginia Beach-based real estate company Divaris Real Estate Inc. announced Tuesday it has named Loretta L. Cataldi as principal and managing broker. In her new role, she will work in Divaris’ Richmond office leading office operations, leasing activities, recruiting, mentoring and company growth. Cataldi was most recentl[...]
Richmond Folk Festival canceled this October
The Richmond Folk Festival, which often draws hundreds of thousands of music fans to the capital in the second weekend of October, will be canceled due to COVID-19 this fall, Venture Richmond announced Tuesday. Also canceled is Richmond’s 2nd Street Festival, another cultural food and music event held downtown the first we[...]
Calif. tech firm’s $12.4M Va. relocation will create 700 jobs
Calabasas, California-based tech and professional services company ASGN Inc. will invest $12.4 million to move its corporate headquarters and operations to Virginia, creating a total of 700 jobs, Gov. Ralph Northam announced Monday. “The creation of 700 new jobs is critical as we work to rebuild and strengthen our economy from the impacts of COVID-19,” […]
Virus cases spike among Latino population in Richmond area
The Richmond region has seen a dramatic increase in the number of COVID-19 cases among Latinos because of workplace spread, health officials reported Friday. Although Hispanics make up only 6.5% of the population in the city of Richmond, they represent 30% of all virus cases and 30% of hospitalized patients there, said Richmond [...]
Central Va. CEOs ‘unhappy’ with pace of reopening
Although a majority of Central Virginia CEOs have an improved outlook for sales, capital spending and employment for the next six months, they’re unhappy with the pace of reopening, according to a follow-up 2020 CEO Economic Outlook Survey released Friday by the University of Richmond’s Robins School of Business and the Virginia Council of CEOs […]
VMFA plans public reopening July 4
In an email to members Thursday, Virginia Museum of Fine Arts announced it would reopen to the public July 4, and to members on July 1. The Richmond museum closed in March due to the COVID-19 pandemic and has remained shut since, except for its grounds, where many people gather in nice weather. “As the […]
Focused Ultrasound Foundation names board members
The Focused Ultrasound Foundation, based in Charlottesville, announced Thursday it has named two Virginia executives to its board of directors: Scott C. Beardsley, University of Virginia Darden School of Business dean, and Mike Lincoln, Cooley LLP global business department chair. Beardsley became the Darden School’s dean in 2015 and is also the Charles C. Abbott […]
UK software company buys Chesterfield’s Mapcom Systems
Chesterfield County-based telecommunications software company Mapcom Systems announced Tuesday that it has been acquired by United Kingdom-based geographic software company VertiGIS. Financial terms of the transaction were not disclosed. “Mapcom’s customer-centric approach to digitalizing processes and solving challenges with location technology matches well with ours,” VertiGIS President and CEO Richard Wiegmann said in a[...]
Charlottesville energy companies move toward merger
Charlottesville-based energy company Tiger Fuel Co. announced Friday it has acquired 40% of the shares of Altenergy Inc., which is also based in Charlottesville — a first step in the acquisition of Altenergy to be completed in March 2021. “Altenergy and Tiger share a common commitment to doing the right thing for our customers, our […]
