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Central Virginia

Aug 29, 2022

Where there’s smoke

Updated Sept. 1, 2022 Henrico County’s Altria Group Inc. advertises on its website that it is “moving beyond smoking,” although the owner of Philip Morris USA still is one of the world’s largest producers of cigarettes and other tobacco products. Now the 6,000-employee, $26 billion corporation may have to move beyond smo[...]

Sen. Mark Warner receives a tour of the C. Kenneth and Dianne Harris Wright Virginia Microelectronics Center from Hadis Morkoç, Virginia Commonwealth University Founders Professor of Electrical Engineering and Physics
Aug 27, 2022

Va. officials woo chip manufacturers

U.S. Sen. Mark Warner and state and local economic development officials are vying to attract semiconductor chip manufacturing facilities to four Virginia industrial sites as the commonwealth gears up to fight for a piece of the financial pie from sweeping federal legislation that promises to ramp up chip production in the U.S. [...]

Aug 24, 2022

Johnston-Willis Hospital names new CEO

Johnston-Willis Hospital in Richmond has a new chief executive, HCA Virginia Health System announced Tuesday. Beth Matish will become the Chesterfield County hospital’s CEO on Aug. 29. She has been part of the senior leadership team at Henrico Doctors’ Hospitals for 20 years and was named CEO of  Retreat DoctorsR[...]

Aug 24, 2022

Va. Beach’s DroneUp to add 655 jobs

Virginia Beach-based DroneUp LLC is adding 655 jobs as part of a $27 million expansion that will include establishing a drone testing, training and research and development center at Richard Bland College, Gov. Glenn Youngkin announced during a news conference Wednesday at the Executive Mansion in Richmond. DroneUp, which specia[...]

Aug 23, 2022

Hanover County business center sells for $41M

Baltimore-based Merritt Properties announced Tuesday it has purchased Crescent Business Center in Ashland from Crescent Business Center LC, a Thalhimer Realty Partners Inc. development, for $41.3 million. The Hanover County business center includes five industrial buildings with 262,256 square feet of space on 20 acres and are 1[...]

Aug 22, 2022

BWX Technologies hires new chief admin officer

Lynchburg-based BWX Technologies Inc. has hired Robert “Bob” Duffy as its senior vice president and chief administrative officer, the nuclear components and fuel supplier announced Monday. He starts Aug. 29. Duffy will take the place of Rick Loving, BWXT’s current chief administrative officer, who announced his[...]

Aug 19, 2022

Va. hotel revenues up slightly over 2019

Northern Virginia’s hotel market continues to be a drag on the lodging industry’s performance in the commonwealth as a whole, according to recently released data from STR Inc., a division of CoStar Group Inc. that provides market data on the U.S. hospitality industry. The latest data show rooms sold decreased by 4.6%[...]

University of Virginia Rotunda and Lawn. Photo courtesy University of Virginia
Aug 19, 2022

U.Va. program guarantees job interviews for certificate students

The University of Virginia is partnering with companies to guarantee job interviews for some certificate students. The program comes from an agreement between U.Va’s School of Continuing and Professional Studies, which offers part-time, online programs, and various employers. It is designed to improve the workforce pipelin[...]

Aug 17, 2022

Academy Sports + Outdoors opens first Va. location

Sporting goods retailer Academy Sports + Outdoors has opened its first store in Virginia with a location in Henrico County’s Short Pump area. The Texas-based Fortune 500 company opened Monday in a 58,075-square-foot store at 11861 W. Broad St. in The Corner at Short Pump, with 60 employees. Its grand opening is scheduled F[...]

Aug 11, 2022

Va. ABC hires chief digital and branding officer

The Virginia Alcoholic Beverage Control Authority has named Vida Williams as its first chief digital and branding officer, the authority announced Thursday. Williams will guide the state ABC’s digital and web operations, communications and education with prevention teams, and support e-commerce initiatives. She started at [...]

Jerry Prevo
Aug 10, 2022

Liberty launches search for new president

Liberty University announced Wednesday that it has hired an Atlanta-based executive search firm to find its next president, who will succeed Jerry Prevo, the longtime board chair who became the Lynchburg private Christian institution’s interim president after Jerry Falwell Jr. stepped down amid scandal in August 2020. “P[...]

Richmond-based used-car consignment retailer CarLotz went public via SPAC in January, but saw its stock price fall by 65% by mid-September. Photo by Scott Elmquist
Aug 9, 2022

CarLotz to merge with San Francisco’s Shift

Richmond-based CarLotz Inc., the nation’s largest consignment-to-retail used vehicle business, will merge with San Francisco-based Shift Technologies Inc., a similar platform on the West Coast, the companies announced Tuesday. The companies will combine in a stock-for-stock merger, according to a news release and will trad[...]

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