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LMI acquires national security software company
Tysons-based consultancy LMI has acquired Colorado Springs, Colorado-based Synaptech, according to a news release. Terms of the deal were not disclosed. Synaptech creates digital engineering, modeling and simulation software for the national security and space industries. “LMI is thrilled to be entering the fast-paced, growing space market by acquiring Synaptech, which protects our nation’s national […][...]
Granules India announces $12.5M pharma facility
Indian pharmaceutical company Granules India Ltd. will invest $12.5 million to establish a pharmaceutical packaging operation in Prince William County, creating 57 jobs, Gov. Glenn Youngkin announced Wednesday. Headquartered in Hyderabad, India, Granules India manufactures active pharmaceutical ingredients and other related products, including acetaminophen, ibuprofen and guaifenesin, the main ingredient in Mucinex. Granules India serve[...]
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 [...]
Indoor salmon farm travels upstream
An indoor fish farm located in Southwest Virginia, an idea born nearly a decade ago, is slowly swimming its way closer to reality. Work on water infrastructure improvements, including a new water line and sewage lift station, to support the Pure Salmon facility that will straddle Tazewell and Russell counties could begin as earl[...]
For the record December 2022
Central Henrico County-based Altria Group Inc. announced Oct. 27 that it is partnering with Japan Tobacco Group to sell heated tobacco products in the U.S. and worldwide, placing Altria in direct competition with Juul Labs Inc. and Philip Morris International Inc. The $150 million deal will include marketing of heated tobacco products in the United […]
Pharrell brings Mighty Dream to Norfolk
In November, Grammy-winning music superstar Pharrell Williams hosted the three-day Mighty Dream forum in Norfolk and broke some news about his Something in the Water music festival and the status of his team’s proposal to redevelop Norfolk’s Military Circle Mall site. Mighty Dream, a sequel to his 2021 Elephant in th[...]
Tech-savvy ski resorts weather climate change
Warmer winters mean ski resorts must manufacture more snow to keep slopes open, but improved technology has helped offset costs and streamlined the process. Wintergreen Resort has more than 400 snow guns that over the season can cover 26 trails in 3 feet of snow, says General Manager Jay Gamble. Under optimal conditions over 24 [...]
Center aims to grow manufacturing
In 2015, the Institute for Advanced Learning and Research in Danville was attracting manufacturers at a faster pace than it could handle. The IALR was providing work-ready incubation space where companies could launch their businesses while waiting to build, upgrade or occupy facilities while also helping build a pipeline of wor[...]
Branch builds career pipeline for girls
Women made up about 11% of the construction workforce in 2021, but that doesn’t mean they were all on site wearing a hard hat. That percentage includes women in office and administrative roles, positions more traditionally filled by females, according to the Institute for Women’s Policy Research. And so, many recruit[...]
Tysons alliance replaces biz partnership
It’s been a decade since Tysons unofficially dropped “corner” from its name amid plans by Fairfax County to transform the area into an urban live-work-play mecca anchored by four Metro Silver Line stations. As Tysons marches toward the county’s goal — laid out in its 2010 comprehensive plan — to grow to 100,0[...]
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 […]
Smithfield Foods names new CFO
Mark Hall, Smithfield Foods Inc.’s executive vice president of finance, has been promoted to chief financial officer and will start in the role on Jan. 1, 2023, the nation’s largest pork product manufacturer and hog producer announced Tuesday. The company’s current CFO since 2015, Glen Nunziata, will leave Smithfield Foods at the end of this […]
