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Arko closes Pride convenience stores deal
Arko Corp., a Fortune 500 holding company for Henrico County-based convenience store chain GPM Investments LLC, has closed on its acquisition of Pride Convenience Holdings LLC, which operates 30 Pride convenience stores in Massachusetts and one in Connecticut. The deal was first announced in October. The $230 million acquisition[...]
BWXT begins production of fuel for 1st U.S. microreactor
Lynchburg-based BWX Technologies Inc. has begun producing the nuclear fuel that will power the first microreactor built and operated in the United States, the company announced Wednesday. BWXT will manufacture a nuclear core for Project Pele under a $37 million award from the Idaho National Laboratory, as well as tristructural[...]
Arko to buy Uncle’s convenience stores for $140M
Arko Corp., a Fortune 500 holding company for Henrico County-based convenience store chain GPM Investments LLC, announced Wednesday it has agreed to acquire the retail, wholesale and fleet fueling assets of Texas-based WTG Fuels Holdings LLC, the owner of Uncle’s convenience stores and Gascard fleet fueling operations. The[...]
U.Va. credit union names new COO
The University of Virginia Community Credit Union in Charlottesville has named Belinda Tucker as chief operating officer, the institution announced Monday. Tucker will report directly to Susan Gruber, the credit union’s president and CEO. In her new role, Tucker will support the credit union’s marketing, retail deliv[...]
Richmond restaurant refuses service to Family Foundation
A German-inspired restaurant in Richmond canceled a reservation for a conservative political organization’s private event last week, saying in a statement posted online Thursday night that the decision was made to protect their staff, many of whom are women and/or part of the LGBTQ community. The Family Foundation, the org[...]
Henrico aims to become coastal internet hub
Henrico isn’t the new Ashburn, but the county does have 18% of the East Coast’s internet traffic coursing through it. That’s a product of QTS Data Centers’ network access point (NAP) at Henrico’s White Oak Technology Park, which connects to three subsea internet cables from Europe and South America [...]
Technomics to add 150 jobs in Arlington
Government contracting firm Technomics Inc. is investing $1.7 million to expand its Arlington headquarters and add 150 jobs, Gov. Glenn Youngkin announced Tuesday. Technomics is an employee-owned consulting firm that specializes offers a variety of analytics services for federal and international government clients. The company will lease an additional 10,000 square feet at 1225 South […]
Bacon named executive director of Jefferson Council
James A. Bacon Jr., the Richmond-based founder of conservative political blog Bacon’s Rebellion, has been named executive director of The Jefferson Council, a University of Virginia alumni association “devoted to upholding the Jeffersonian legacy,” Bacon announced Monday. A U.Va. alum, Bacon was Virginia Busine[...]
SCC judge’s resignation will leave 2 of 3 seats empty
Virginia State Corporation Commission Judge Judith Williams Jagdmann has informed state legislators she plans to resign from the three-seat commission after 16 years on the bench. Her departure will leave two seats empty as of Dec. 31. In a letter sent to the leadership of the Virginia State Senate and the House of Delegates on [...]
Martin Agency CEO named global head of MullenLowe Group
Kristen Cavallo, CEO of Richmond-based ad firm The Martin Agency, has been promoted to global CEO of MullenLowe Group and will serve in both positions, Interpublic Group (IPG) announced Thursday. IPG is one of the “Big Four” advertising companies, having started in 1930 as McCann-Erickson. Today, it includes dozens o[...]
Food/beverage distributor to create 745 jobs in Caroline
World Class Distribution Inc. (WCD Inc.) plans to build a $275 million, 1.2 million-square-foot distribution center in Caroline County that will create 745 jobs, Gov. Glenn Youngkin announced Wednesday. A subsidiary of Tact Holdings Inc., WCD distributes food and beverage products, including canned foods, dry foods, candy, grocery, beer and wine, frozen foods and other […]
Allianz Partners USA names new COO
Henrico County-based Allianz Partners USA has named Heather McIntyre as chief operations officer USA, the company announced Monday. McIntyre joins Allianz after 20 years with Geico, where she served in multiple management roles, most recently as vice president of customer experience and customer relationship management. She also[...]
