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, [...]
Morrissey’s Petersburg casino bill fails in Senate Finance
Updated Friday, Feb. 3 With an 7-8 no vote Thursday evening, the Virginia Senate Finance and Appropriations Committee killed state Sen. Joe Morrissey’s measure to bring a casino referendum to Petersburg’s ballots this fall. A similar bill in the House of Delegates, however, is still alive. A few days after receiving [...]
Phlow promotes chief biz officer to president
Richmond-based Phlow Corp. has promoted Dan Hackman from chief business officer to president, the pharmaceutical manufacturing company announced Thursday. Hackman joined Phlow in 2020. He previously worked with Kaleo Inc. as general manager of its Auvi-Q product — an injectable pen developed for emergency allergy treatment —[...]
Ashland fire protection firm CEO retires
Ashland-based VSC Fire & Security (VSC) President Tommy Clements has assumed the added role of CEO, following former CEO Mike Meehan’s retirement, the fire protection and security company announced in mid-January. Meehan retired on Dec. 31, 2022. He will continue to serve on the board of directors as non-executive chai[...]
Farmville SEED hub seeks to grow innovation
Luther Cifers launched fishing equipment company YakAttack LLC in 2009 out of his friend’s basement, and he moved to the garage to create prototypes of its gear. Now, he is putting in work so future entrepreneurs will have a dedicated space for their projects. The Farmville SEED Innovation Hub, slated to open in late fall,[...]
Lynchburg area needs more industrial sites
Megan Lucas knows all too well that no product means no project in economic development, especially when it comes to pad-ready sites and move-in-ready buildings. The lack of pad-ready sites and industrial spec buildings in the Lynchburg region is the major reason the area has missed 65 economic development opportunities that cou[...]
Atlantic Union Bank names CIO
Matt Linderman is Atlantic Union Bank’s new chief information officer, the bank’s Richmond-based holding company, Atlantic Union Bankshares Corp., announced Friday. Linderman was previously the chief technology officer of PNC Financial Services Group Inc. Prior to that, he was PNC’s senior vice president of dat[...]
Petersburg casino bill moves to Senate committee
A Virginia State Senate bill that would allow Petersburg residents to vote on allowing a casino in their city is still in play, following a 7-2 vote by the Senate gaming subcommittee Thursday. The bill will progress to a General Laws and Technology committee vote Wednesday. The bill from Sen. Joe Morrissey, D-Richmond, adds Pete[...]
Charlottesville chamber CEO to step down
Charlottesville Regional Chamber of Commerce President and CEO Elizabeth Cromwell will step down in February after four years helming the organization, the chamber said Tuesday. Cromwell’s last day is Feb. 17. Andrea Copeland, the chamber’s director of committee engagement, has been named interim president to manag[...]
Framatome CEO retiring; CFO to be promoted
Framatome Inc. President and CEO Gary Mignogna will retire July 1, and Chief Financial Officer Katherine Williams will succeed him, the Lynchburg-based nuclear reactor and fuel company announced Tuesday. Mignogna will become chairman of Framatome Inc.’s board upon his retirement. Williams, who will continue to serve as CFO[...]
Petersburg industrial building sells for $4.6M
An industrial building in Petersburg that once served as the tri-cities headquarters for Pepsi has sold for about $4.6 million, One South Commercial announced Wednesday. An entity connected with Waukeshaw Development Inc. in Petersburg sold the 100,492-square-foot building located at 1501 W. Washington St. in Petersburg to 1501 Petersburg LLC, an entity based in McLean. […]
Former EAB buildings in Henrico sell for $5.35M
A Richmond-based real estate company has purchased three office buildings in western Henrico County for $5.35 million, Commonwealth Commercial Partners LLC announced Monday. Formerly the headquarters of education research company EAB, the buildings are located at 1910, 1920 and 1950 E. Parham Drive. Marwaha Property Management, [...]