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Altria to donate $5M to social justice nonprofits, businesses
Henrico County-based Fortune 500 tobacco manufacturer Altria Group Inc. announced Friday that it will donate $5 million to national and local organizations that address systematic racism and small businesses that have been affected by vandalism associated with recent protests and rioting. “These are difficult times, and we must find ways to embrace our differences, address […]
Dominion commits $5M to social justice nonprofits, businesses
As protests over the killing of George Floyd by a police officer in Minneapolis have spread into a nationwide movement against systemic racism and injustice, the Dominion Energy Charitable Foundation announced Thursday that it will donate $5 million to nonprofits and minority-owned and small businesses within Dominion Energy Inc.’s 20-state footprint. Of the $5 million […]
Suburban businesses board up windows amid protest climate
As rumors — some false — circulated on social media that heated racial-justice protests like those seen in Richmond might turn to the suburbs, several businesses in suburban Henrico and Chesterfield counties boarded up store windows out of apparent concern for potential looting and vandalism that didn’t materialize. Fl[...]
Henrico real estate firm names chief strategy, investment officer
Glen Allen-based real estate investment company Capital Square announced Thursday it has promoted Whitson Huffman as its chief strategy and investment officer. He was previously the company’s senior vice president and head of acquisitions. In his new role, Huffman will oversee investments including 1031 exchanges, opport[...]
PeakLogix to be acquired by Michigan company
Chesterfield County-based PeakLogix, a national material handling systems integrator, has entered into a definitive agreement to be acquired by Michigan-based Alta Equipment Group Inc. Terms of the acquisition were not disclosed. Located in Midlothian, PeakLogix specializes in the design and installation of warehouse automation and storage systems. The company generated approximately $25 million in revenue […][...]
Governor, Richmond mayor aim to remove Confederate monuments
In the wake of protests in the city of Richmond, Mayor Levar Stoney announced Wednesday afternoon that he and City Council member Mike Jones will put forward an ordinance July 1 to remove all Confederate monuments on Monument Avenue. The statuary, which has drawn large numbers of protesters — including some from other states �[...]
Picking up the pieces
At 3:30 a.m. Sunday, May 30, Greg Milefsky stood in the middle of his store, Balance Bicycle Shop, on Richmond‘s West Broad Street. The windows were broken, and the bikes — those for sale and ones left by customers for repair — were all gone. “People were coming in and stealing everything that was left,” […]
Gilbane Building Co. names Richmond office head
Construction industry veteran Colin Robinson — who’s had a hand in some of Richmond‘s most prominent redevelopment projects, including the Virginia State Capitol, the Altria Theater and Carpenter Theatre — will head Gilbane Building Co.’s Richmond office. Robinson succeeds Matt Sarver, who will become the v[...]
Governor declares state of emergency over protests
Following nights of heated and violent nationwide protests in response to the police killing of George Floyd in Minneapolis, Gov. Ralph Northam has declared a state of emergency and activated the state National Guard to assist local law enforcement in quelling “escalating violence across the commonwealth.” “Thi[...]
Altria sues Reynolds over e-cigarette patent infringement
Henrico County-based Altria Group Inc.’s e-cigarette and smokeless tobacco divisions filed suit Thursday against competitor R.J. Reynolds Vapor Co. for patent infringement on e-cigarettes and associated products. Altria owns a 35% stake in e-cigarette industry leader Juul Labs Inc., a direct competitor of Reynolds’ V[...]
Governor denies Richmond mayor’s request for “modified” reopening
In a letter released Tuesday night, Gov. Ralph Northam turned down Richmond Mayor Levar Stoney’s request to enter a “modified” Phase One of the Forward Virginia reopening plan Friday, restricting houses of worship, barber shops and other grooming businesses from opening in the city. “I would point out that nothing requires any house of worship […]
NoVa localities, Accomack expected to start Phase One on Friday
Update, 10 a.m., May 27: Gov. Ralph Northam has turned down Richmond Mayor Levar Stoney’s request to reopen while maintaining restrictions on houses of worship, barber shops and grooming businesses, in a letter released Tuesday night. All of Virginia’s localities are expected to be in Phase One by Friday. Earlier: N[...]
