PBMares names new CEO
Newport News-based accounting and consulting firm PBMares LLP announced Tuesday that Harvey L. Johnson has been promoted as CEO, effective Jan. 1. Johnson, a partner and cybersecurity and control risk services practice leader, will serve as the company’s second CEO in the firm’s 58-year history. He succeeds Alan S. Witt, who[...]
Norfolk company buys Michigan-based retail data firm
Trader Interactive, a Norfolk-based vehicle and commercial equipment dealer services company, announced Tuesday it has acquired Grand Rapids, Michigan-based retail data firm Statistical Surveys Inc. (SSI). Financial terms of the acquisition were not disclosed. Trader Interactive specializes in digital marketing for vehicle and commercial equipment companies, while SSI provides retail market share data for the […][...]
HII acquires unmanned systems business
Newport News-based Huntington Ingalls Industries (HII) announced Monday it has acquired Virginia Beach-based Spatial Integrated Systems Inc.’s (SIS) autonomy business. Financial terms of the transaction were not disclosed, but the acquisition expands HII’s unmanned systems capabilities, according to a company statement. Appr[...]
Chesapeake gas, diesel sales company names new president, CEO
Chesapeake-based natural gas and diesel engine sales company Bay Diesel announced last week it has named Willard “Rob” Robins as president and Scott Wheeler, current president and founder, as CEO. This marks the first time since its 1982 inception that Bay Diesel has a new president. Robins joined the company in 2003 as a sa[...]
Riverside Tappahannock Hospital becomes part of VCU Health System
Richmond-based VCU Health System announced Monday it has finalized its purchase of the 67-bed Riverside Tappahannock Hospital (RTH) and related medical services from Riverside Health System. Financial terms of the transaction were not released. The hospital will now operate as VCU Health Tappahannock Hospital. VCU Health System [...]
ODU mapping tool to help site wind turbines
The answer, they say, is blowin’ in the wind. In August 2020, Old Dominion University won a $775,000 grant from the Department of Defense that will help create a “wind energy siting solution,” enabling offshore and onshore wind-energy developers to avoid potential conflicts with military operations and trainings. The ODU[...]
Hampton Roads Realtors Association installs new chairman
Berkshire Hathaway HomeServices Towne Realty announced last week that Tanya Monroe, the managing broker of its Chesapeake sales office, has been installed as Hampton Roads Realtors Association’s (HRRA) chairman for 2021. With 20 years of experience in the real estate industry, Monroe has experience as an agent and as president[...]
Chesapeake shopping center sells for $5.1M
A shopping center in Chesapeake sold for $5.1 million, Colliers International announced earlier this week. The 75,023-square-foot Cahoon Commons Shopping Center is located at 644-648 Grassfield Parkway. The property is currently 25% occupied by tenants including Chesapeake Regional Medical Center, Virginia Alcoholic Beverage Con[...]
Dominion files construction, operations plan for $7.8B offshore wind farm
Richmond-based Dominion Energy Inc. announced Friday it has filed the required construction and operations plan (COP) with the Bureau of Ocean Energy Management to build the utility’s proposed $7.8 billion, 2,640-megawatt Coastal Virginia Offshore Wind (CVOW) project. “This is an important step in the process toward [...]
Dominion announces construction has begun on offshore wind vessel
Dominion Energy Inc. announced Wednesday that construction has begun on the utility’s new vessel that will ferry the workers and huge components needed for its planned buildout of the largest offshore wind farm in the country off the coast of Virginia Beach. Named Charybdis after the sea monster from Greek mythology, Domin[...]
Goodwill of Central and Coastal Va. receives $10M gift
Goodwill of Central and Coastal Virginia announced Tuesday it has received a $10 million grant from novelist MacKenzie Scott, who has donated more than $4.2 billion across 384 organizations during the past four months. Scott is the former wife of Amazon.com Inc. CEO Jeff Bezos. The gift will help Goodwill provide job-readiness training to people […]
Smithfield Foods gifts $300K to Hampton Roads Workforce Council
Smithfield Foods Inc., the world’s largest pork processor and hog producer, announced Tuesday it has donated $300,000 to the Hampton Roads Workforce Council (HRWC), a nonprofit that develops workforce policy and initiatives in Southeastern Virginia. The donation will support the HRWC’s new Veterans Employment Center in Newport News. The center will provide resources and coaching […]