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Nov 30, 2021

Henrico engineering firm acquires second Hampton Roads firm

Henrico County-based regional engineering firm Koontz Bryant Johnson Williams Inc. (KBJW) purchased Virginia Beach-based civil engineering firm Blakeway Corp., it announced Tuesday. Financial details of the transaction were not disclosed. The Blakeway acquisition is the firm’s second in six months, following its June purchase of Chesapeake-based Horton & Dodd PC. “Blakeway is a natural fit, […][...]

Nov 30, 2021

3Pillar Global promotes COO, chief people officer

Fairfax-based product lifecycle management company 3Pillar Global Inc. announced two promotions Tuesday: David Sawatzky to chief operating officer and Jamie Whitacre to chief people officer. Sawatzky was previously the company’s chief delivery officer. Whitacre served as the senior vice president of talent. “Dave and Jamie a[...]

Community response to extending The Tide light rail system “has been very positive,” says Sam Sink with Hampton Roads Transit. Photo by Mark Rhodes
Nov 29, 2021

Laying tracks for The Tide

Commuters are on board with Hampton Roads Transit’s plans to extend The Tide, its 7.4-mile light rail system, according to recent public discussions about proposed new routes. This fall, HRT held one virtual discussion and three pop-up sessions at transit stations in Norfolk to gather public input about expanding the light rai[...]

Shenandoah Valley Partnership Executive Director Jay Langston at the future site of a Cava processing facility in Verona Photo by Norm Shafer
Nov 29, 2021

Shenandoah Valley races to develop industrial sites

A flurry of recent industrial investment in the Shenandoah Valley has regional economic development officials eager to make new sites shovel-ready as companies put a premium on locations that will enable them to stand up operations as fast as possible. Fast-casual restaurant chain Cava’s September announcement that it will bui[...]

Virginia Tech football center Brock Hoffman Photo by Natalee Waters
Nov 29, 2021

NIL no longer nil for college players

Now that the NCAA is allowing student athletes to make sponsorship deals and capitalize on their fame, Virginia Tech is working to ensure its students don’t get left behind or taken advantage of. The NCAA rule change, which went into effect July 1, allows athletes to profit from the use of their names, images and […]

Mark Eschle helped Wize Solutions establish its grant-supported two-person apprentice program. Photo by Earl Neikirk
Nov 29, 2021

Grant program helps fund rural IT apprenticeships

Jonathon Evans graduated in May with a computer science degree and a desire to stay in his hometown, Abingdon. Fortunately for him, information technology company Wize Solutions LLC was seeking apprentices through a targeted state program that alleviates the cost of hiring and training employees new to the technology field. “I[...]

River Roads Jet Boats Co. co-owner Mason Basten wants to remain in Amherst County but his business needs room to grow. Photo by Meridith De Avila Khan
Nov 29, 2021

Industrial space gets boost in Amherst

Amherst County has received a $3 million federal grant to attract manufacturing firms with a new 45,000-square-foot, $4.6 million industrial facility. In September, the U.S. Department of Commerce announced that it awarded a $3 million grant to the county Economic Development Authority to build a new county-owned facility, with [...]

A new Pentagon City master plan aims to increase density through new requirements on property owners. Photo by Will Schermerhorn
Nov 29, 2021

Pentagon City plan aims for higher density

A major study that will shape the future of Pentagon City is entering  its final stages. The Arlington County urban village has grown from empty fields and warehouses in the 1950s to become one of the Washington, D.C., area’s busiest neighborhoods. With construction plans now under community review for Amazon.com Inc.’s HQ2[...]

England-based Radical Sportscars plans to build race cars in Martinsville. Photo courtesy Radical Sportscars
Nov 29, 2021

UK race car maker taps into Martinsville talent

College students in Martinsville can get on the fast track to careers with British race car manufacturer Radical Sportscars. In May, the Peterborough, England-based company opened its first U.S.-based sales office at Patrick & Henry Community College’s Manufacturing and Engineering Technology Complex, close to the school�[...]

Nov 29, 2021

Mitre elects next chairman

The Mitre Corp.’s Board of Trustees elected Mike Rogers as chairman, the McLean- and Bedford, Massachusetts-based nonprofit announced Nov. 16. Rogers joined Mitre’s board in 2016 and has served as vice chairman since 2018. “Mike’s vast national security expertise and experience help strengthen MITRE’s whole-of-nati[...]

University of Virginia Darden School of Business Photo by Sam Levitan
Nov 29, 2021

U.Va. Darden takes 9th in Bloomberg MBA program ranking

The University of Virginia’s Darden School of Business tied for No. 9 out of 84 U.S. schools in the 2021-2022 Bloomberg Businessweek Best B-Schools MBA list, released this week. The Darden School dropped from the No. 4 slot that it earned in 2019 and tied with The Wharton School of the University of Pennsylvania this [&hel[...]

Nov 29, 2021

Richmond pharma company Kaléo acquired

New York-based Marathon Asset Management LP announced Monday it has entered into a definitive agreement to acquire Richmond-based privately held pharmaceutical company Kaléo Inc., which is known for making injectors to treat allergic anaphylaxis and opioids overdoses. The total base purchase price is approximately $310 million [...]

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