Newport News aims for summer music festival
Newport News is preparing to launch a major music festival this year to boost tourism and support area businesses. Mayor Phillip Jones says the city is currently trying to attract national talent and is reviewing applications from people and organizations wanting to help organize, partner with and promote the festival. Although [...]
Energy Department extends contract for operator of Jefferson Lab
The Department of Energy announced Thursday that Secretary of Energy Chris Wright has approved a 12-month extension of the contract for Jefferson Science Associates to continue managing and operating the Jefferson Lab in Newport News. Jefferson Science Associates is a limited liability company created by the Southeastern Univers[...]
Virginia Chamber’s DuVal to lead new ITA venture
Newport-News based government contractor ITA International announced Wednesday that Virginia Chamber of Commerce CEO Barry DuVal will be the new president and CEO of ITA Growth Partners, a newly created acquisition company designed to help ITA International expand. ITA International CEO Mike Melo said ITA Growth Partners will of[...]
Dollar Tree plans to sell Family Dollar to private equity firms for $1B
Chesapeake-based Fortune 500 discount retailer Dollar Tree has reached a deal with Brigade Capital Management, a New York-based global asset management firm, and Macellum Capital Management, an investment firm with headquarters also in New York, to acquire its Family Dollar brand for about $1 billion after a decade of trying to [...]
Construction of Virginia’s tallest building slated for April
LS GreenLink USA will begin constructing the tallest structure in Virginia next month. During Old Dominion University’s Maritime and Offshore Wind Conference on Tuesday, LS GreenLink USA’s managing director, Patrick Shim, revealed the company will break ground April 28 on its $680 million-plus offshore wind subsea ca[...]
Virginia Beach-based Groundworks names new president, COO
Groundworks, a Virginia Beach-based foundation and water management solutions company, has promoted two senior executives to president and chief operating officer. Michael Mullican, who joined Groundworks over a year ago as chief financial officer, has been named president and retains his CFO title, and Jeffrey Martin, most rece[...]
Power outage at Virginia International Gateway leads to port backup
Power was out early morning Friday at the Virginia International Gateway, the privately owned Portsmouth container terminal leased by the Port of Virginia, leading to a several-hour halt in service while electricity was restored and the terminal’s systems were restarted. According to port spokesman Joe Harris, the outage o[...]
Trump administration cancels Jefferson Lab operator search
The U.S. Department of Energy has cancelled its search for a new operator and manager of Newport News’ Jefferson Lab, as the current operator’s contract is set to expire at the end of May — prompting speculation of what the federally funded lab’s future entails. The DOE said in a statement that it plans to [&[...]
ODU taps new dean of Eastern Virginia Medical School
Dr. Judette Louis, a maternal-fetal health physician from the University of South Florida, will be the next dean of the Eastern Virginia Medical School within Old Dominion’s newly created health sciences college, ODU announced this week. Louis will start Sept. 2 as dean of the Macon & Joan Brock Virginia Health Science[...]
HII awarded $147M contract to assist Navy
Huntington Ingalls Industries’ McLean-based Mission Technologies division has been awarded a $147 million contract to support shipboard and shore-based combat training services for the U.S. Navy. HII, which made the announcement Tuesday, says the five-year task order will provide engineering support for every aspect of tra[...]
Kaufman & Canoles names executive director
Chris Smythe has been named executive director of Kaufman & Canoles, the Norfolk-headquartered law firm announced Monday. In the role, Smythe will oversee the day-to-day operations of the firm and report directly to Jason R. Davis, its president and CEO. Previously, Smythe was president of Tycon Medical Systems, a Norfolk ho[...]
Skanska completes offshore wind staging project at Port of Virginia
New York-based construction company Skanska announced Thursday that it has completed a $223 million redevelopment project for the Virginia Port Authority, upgrading 72 acres of Portsmouth Marine Terminal and 1,500 feet of wharf that now serves as an offshore wind staging port. Richmond-based Dominion Energy will use the terminal[...]