Newport News Shipbuilding to furlough 471 workers
Newport News Shipbuilding on Friday announced that it will furlough 471 shipbuilders for up to five months.
Wisconsin co. breaks ground on $26M Portsmouth export facility
The DeLong Co. on Thursday broke ground on a $26 million agricultural export facility in Portsmouth that will prepare whole grains for shipment.
Virginia Natural Gas breaks ground on $50M Chesapeake HQ
Virginia Beach-based Virginia Natural Gas on Tuesday broke ground on a $50 million operations headquarters in Chesapeake.
MSI opens $61.6M Suffolk distribution center
MSI, a California-based flooring, countertops, and tile supplier, opened its $61.6 million East Coast distribution facility in Suffolk.
Antitrust lawsuit against General Dynamics, HII revived in appeals court
Two former naval engineers who claimed that General Dynamics, Huntington Ingalls Industries and more than a dozen other government contractors and shipbuilders illegally agreed to not poach each other's employees will receive a rehearing, a federal appeals court panel ruled this month.
Newport News’ Jefferson Lab appoints new director
Newport News-based Jefferson Lab announced Wednesday that Jens Dilling has been appointed as its next director, effective June 30.
Army training command headquarters to relocate from Virginia to Texas
The U.S. Army Training and Doctrine Command (TRADOC) will soon move its headquarters from Fort Eustis in Newport News to Austin, Texas — but questions linger about how many military and civilian staff will be impacted and how much of the command’s functions will relocate.
Sail250 to bring 60 ships to Norfolk for America’s big birthday
Gov. Glenn Youngkin last week kicked off the one-year countdown to Sail250 — an enormous maritime festival that’s expected to bring more than 3 million visitors to Virginia and generate at least $150 million in revenue.
Clark Nexsen acquired by Maryland firm
Virginia Beach architecture and engineering firm Clark Nexsen has been acquired by Maryland-based engineering, architecture and related services company Johnson, Mirmiran & Thompson.
Choice Financial announces new president, mid-Atlantic leader
Virginia Beach-based insurance broker Choice Financial Group has announced several changes to its leadership this month. Troy Dillow has been named president and chief operating officer, where he will be responsible for leading the company’s day-to-day operations and executing strategic initiatives.
Dollar Tree announces CEO of Family Dollar, soon to be sold
Chesapeake-based Dollar Tree announced Monday that its soon-to-be-sold Family Dollar property will be led by Duncan MacNaughton, who will serve as chairman and CEO of the discount retail chain.
Sumitomo Drive Technologies to invest $9.3M to automate Chesapeake warehouse
The Virginia Economic Development Partnership announced last week that global power transmission manufacturer Sumitomo Drive Technologies will invest $9.3 million to automate a warehouse and distribution center in Chesapeake.