HII lands $2.4B contract for Navy’s next amphibious warship
Huntington Ingalls Industries Inc.’s Mississippi-based Ingalls Shipbuilding has received a $2.4 billion contract modification for the construction of the Navy’s fourth American-class amphibious assault ship (LHA 9), according to the Department of Defense. The fixed-price incentive contract includes options that could[...]
Stihl names finance VP
Virginia Beach-based chainsaw and outdoor power equipment manufacturer Stihl Inc. has named Uwe Hirsch its vice president of finance, effective Nov. 7. Hirsch will plan, direct and control the company’s financial plans and will support IT operations and system implementations. He was most recently global vice president of fina[...]
Bon Secours breaks ground on Suffolk hospital
Bon Secours broke ground Tuesday on its $80 million Bon Secours Harbour View Hospital, which is expected to be completed in 2025. The hospital will be 98,000 square feet and have a surgical focus, with 18 medical/surgical beds and up to four operating rooms. It will serve as an extension of other services on the […]
Pharrell’s Mighty Dream forum coming to Norfolk Nov. 1-3
Executives from Google, H&M, Universal Music Group, Yelp and McDonald’s will join Grammy winner Pharrell Williams Nov. 1-3 in Norfolk for his Mighty Dream forum, a sequel to last fall’s Elephant in the Room event. Along with panel discussions and networking events focused on making work and business opportunities[...]
Youngkin tours Amazon’s new robotics fulfillment center in Suffolk
Amazon.com Inc.’s 3.8-million-square-foot robotics fulfillment center in Suffolk opened in September, but the global retail colossus held an official grand opening at the facility Thursday, allowing Amazon officials to show off the center to Gov. Glenn Youngkin, who attended the opening event and took a tour. The $230 million,[...]
TowneBank names president, regional banking director
TowneBank has promoted Brian Skinner to the newly created role of president and regional banking director for all of its markets in Virginia and northeastern North Carolina, the Suffolk-based bank announced this week. “Brian is a dedicated member of the Towne family with a proven track record of leading both emerging and seaso[...]
Lowe’s to open distribution facility in Suffolk
North Carolina-based home improvement retailer Lowe’s Cos Inc. will establish a coastal holding facility in the city of Suffolk, adding 100 jobs, Gov. Glenn Youngkin announced Thursday. Lowe’s had more than $96 billion in sales in fiscal 2021 and it operates or services nearly 2,200 home improvement and hardware stor[...]
Trader Interactive hires new CFO
Norfolk-based Trader Interactive has named David McMinn its chief financial officer, the company announced Wednesday. The appointment of McMinn comes as Carsales.com Ltd. prepares to close its acquisition of Trader Interactive, an online marketplace for specialty vehicles, this month. Carsales.com Ltd. bought 49% of Trader Inter[...]
Hampton Roads Retail Alliance CEO to retire
Hampton Roads Retail Alliance President and CEO Raymond J. Mattes III will retire in February, the organization’s board of directors announced Tuesday. Mattes has served as president and CEO for a dozen years, after rising through the ranks from his start as a manager trainee in 1984. Under his leadership, the organization[...]
Fortis Solutions Group hires chief commercial officer
Virginia Beach-based packaging manufacturer Fortis Solutions Group LLC has named Steve Powers its chief commercial officer, the company announced Monday. Powers joins Fortis from HP Inc. and has been in the printing industry for 30 years, working on the manufacturing and supplier sides of the business. Most recently, he served a[...]
Sentara Healthcare announces leadership promotions
Norfolk-based Sentara Healthcare Inc. announced a slate of executive leadership promotions Friday, effective immediately. Melinda Hancock, Aubrey Layne and Tim Skeen have all been promoted to executive vice presidents. Hancock was senior corporate vice president and chief administrative officer, and will stay chief administration officer but also become an EVP overseeing internal audit, compliance, legal […][...]
Rudee Loop getting a fresh makeover
One of the East Coast’s most prime pieces of undeveloped real estate, Virginia Beach’s Rudee Loop, could soon find new life. In August, the city released four proposals that could turn the 11-acre site from what Vice Mayor Rosemary Wilson described as a concrete-strewn “mess” into a multiuse destination for surfers, angl[...]