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AeroFarms plants roots in Cane Creek Centre
AeroFarms won’t harvest the first crops at its new Cane Creek Centre facility until summer, but the company is already expanding. In December 2019, the Newark, New Jersey-based indoor agriculture company announced it would invest $42 million and create 92 jobs in the 136,000-square-foot facility building in the industrial [...]
Bermuda insurer to establish U.S. HQ in Henrico
Bermuda-based Hamilton Insurance Group Ltd. will invest at least $415,000 to establish the U.S. headquarters of its subsidiary in Henrico County, a project estimated to create more than 70 jobs, Gov. Glenn Youngkin announced Friday. Hamilton’s wholly owned subsidiary, Hamilton Select Insurance Inc., is a commercial insurer[...]
Peraton receives $254M State Department award
Herndon-based Peraton Inc. has been awarded a five-year, $254 million contract to support the State Department’s Diplomatic Security Service’s cybersecurity operations. The federal contractor announced the award Thursday. Under the contract, Peraton will provide cyber support, including incident management, threat analysis and penetration testing. Peraton will also help the department protect its global IT infrastructure [&h[...]
Richmond, Capital One offering restaurant 101 seminar
The city of Richmond’s Office of Minority Business Development, in partnership with Capital One, will offer a free information session for current and prospective restaurant owners in April, covering topics such as setting menu prices, meeting city requirements and creating improvement plans. Award-winning Richmond chef, r[...]
Hilb Group acquires N.J. risk management firm
Henrico County-based insurance company The Hilb Group LLC announced Thursday that it has acquired New Jersey-based E.B. Cohen Insurance and Risk Management. Financial terms of the transaction were not disclosed. “E.B. Cohen aligns perfectly with our strategy for growing among industry leaders — bringing a terrific histor[...]
Perdue AgriBusiness plans $59M Chesapeake expansion
Perdue AgriBusiness will invest $59.1 million and expand operations in the city of Chesapeake, Gov. Glenn Youngkin’s office announced Thursday. The company, an affiliate of Perdue Farms Inc., will modernize facilities and increase production of high protein soybean meal, soybean oil and hulls. The expansion will position P[...]
Richmond pares down Diamond District developer pool
Story updated, March 24 at 11:45 a.m. The city of Richmond announced Wednesday that six competing development teams have been chosen out of 15 applicants to continue in the competition to redevelop the Diamond District area near the Richmond Flying Squirrels’ stadium. The city requested applications late last year for the [...]
Davenport Energy promotes Harold Thornton to president
Chatham-based Davenport Energy Inc. has promoted Harold E. “Hal” Thornton Jr. to president, the company announced Tuesday. Thornton has been with Davenport, a provider of gas, diesel fuel propane and petroleum products, for 27 years. He was initially hired as human resources director in 1995, rising through the ranks[...]
Roanoke College selects next president
Roanoke College’s next president will be Frank Shushok Jr., the college announced Tuesday. Shushok, Virginia Tech’s vice president for student affairs, will succeed Michael C. Maxey, who served as president for 15 years and is retiring in July, to become the school’s 12th president. “I am thrilled to welcome [...]
Smithfield Foods donates $2M to Ukraine relief efforts
Virginia-based Smithfield Foods Inc. announced a $2 million donation to relief efforts in Ukraine Monday. The nation’s largest pork processor and hog producer donated $250,000 each to the Global Red Cross Network, Mercy Chefs, Save the Children and World Central Kitchen. “Like the rest of the world, we are humbled an[...]
MainStreet Bancshares president to retire
Charles “Chris” Brockett announced Friday that he’s retiring as president of MainStreet Bancshares Inc., parent company of Fairfax-based MainStreet Bank, effective March 31. Brockett has served as MainStreet Bancshares’ president since January 2017. He will remain a member of the board of directors. “We are[...]
Mountain Lake Lodge promotes general manager to CEO
Mountain Lake Lodge, where 1987 hit movie “Dirty Dancing” was filmed, announced Thursday the promotion of Heidi Stone to president and CEO. Stone has served as the Pembroke hotel’s general manager since 2013. “Heidi Stone is a talented hotelier whose proven leadership and commitment is reflected through [...]
