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Packaging manufacturer to create 75 jobs in Smyth County
Northlake, Illinois-based Scholle IPN, a flexible packaging supplier, will invest $31.1 million to expand in Smyth County, a project expected to create 75 jobs, Gov. Glenn Youngkin announced Wednesday. Scholle IPN will expand its Smyth County facility by 73,000 square feet to allow new manufacturing lines for film extrusion and [...]
General Dynamics Missions Systems, Iridium land $324M space contract
Fairfax-based General Dynamics Missions Systems and McLean-based Iridium Communications Inc. have received a $324 million contract to build and provide network operations and support for the National Defense Space Architecture. The award, from the Space Development Agency, includes a $162.9 million base and $161.5 million in options. Under the contract, General Dynamics Missions Systems and […][...]
Reston’s Trucker Tools names COO
Reston-based Trucker Tools, a software company that provides a digital freight management platform for the transportation industry, announced last week it had appointed Rohit Bezewada as chief operating officer. Bezewada succeeds Kary Jablonski, who became CEO of Trucker Tools earlier this year. “Rohit is an accomplished execu[...]
Sterling CEO named adventure parks association chair
Sterling-based Flight Adventure Park CEO Steven L. Yeffa has been named chairman of the International Adventure and Trampoline Parks Association’s board, the family entertainment venue company announced in early May. “We are thrilled to have Steve elected as our chair,” IATP Executive Vice President Bethany Evans s[...]
Leidos receives Navy undersea warfare contract
Leidos Inc., the Reston-based Fortune 500 government contractor, has received a nearly $24 million contract from Naval Sea Systems Command to install, integrate and maintain the Navy’s AN/SQQ-89 Surface Ship Undersea Warfare combat systems, according to a Department of Defense announcement last week. The contract includes options that could bring the total award to nearly […]
Joan Brock makes $34M gift to Chrysler Museum
The Chrysler Museum of Art, in Norfolk, announced Tuesday that Hampton Roads philanthropist Joan Brock has donated $34 million, including 40 works of art and two position endowments. The gift will also support the expansion of the Perry Glass Studio. Joan Brock, a longstanding supporter of the Chrysler Museum, was the first woma[...]
Home improvement
Affordable housing isn’t the first thing that comes to mind when you think of the University of Virginia. But it’s top of mind for U.Va. officials who have pledged to support the development of 1,000 to 1,500 affordable housing units in Charlottesville and Albemarle County over the next decade. To jump-start the effo[...]
Back to work
Although the nation’s commercial real estate market is still lagging for the most part, that isn’t the case in Charlottesville, where fresh new multiuse projects have perked up interest in workspaces. The nationwide vacancy rate for office space in the first quarter of 2022 was a rather dreary 15.7%, according to Yar[...]
E&H course demystifies blockchain for businesses
Business professionals will join Emory & Henry College students this summer for a course that will suggest how blockchain technology can help entrepreneurs, ultimately aiding development in Southwest Virginia. A collaboration between E&H’s School of Business, InvestSWVA and William & Mary’s Global Researc[...]
Ad agency spotlights historic editor, businessman
The life of 19th century Richmond Planet newspaper editor John Mitchell Jr. — who fearlessly railed against lynching and segregation — will be showcased in a documentary debuting at the 11th annual Richmond International Film Festival on June 10. Mitchell became editor of the Richmond Planet at 21, two years after the paper&[...]
Hershey plant unionization effort continues
Despite a resounding defeat, organizers are still fighting to unionize The Hershey Co. plant in Stuarts Draft. In late March, about 79% of the plant’s workers voted against unionizing at Hershey, the largest employer in Augusta County with nearly 1,500 workers. But while that battle might be over, the war is not, according[...]
Gift of a lifetime
For Dr. Todd Stravitz, February was an opportune time to make the largest gift in the history of Virginia Commonwealth University — a $104 million donation to support liver research. The retired medical director of VCU Health’s Hume-Lee Transplant Center, Stravitz is an heir to the Boar’s Head Provisions Co. Inc. f[...]
