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Va. Chamber honors four execs with lifetime achievement awards
The Virginia Chamber of Commerce honored four Virginia business leaders with lifetime achievement awards during a May 16 ceremony at The Jefferson Hotel in Richmond. The honorees were: Carilion Clinic CEO Nancy Howell Agee; Michael Daniels, chairman of the board of CACI International; Benjamin Davenport Jr., chairman of the boar[...]
IALR hires new manufacturing advancement exec
Jason Wells will join the Institute for Advanced Learning and Research as executive vice president of manufacturing advancement on June 3, according to a release from the Danville-based economic development organization. Wells, who has nearly three decades of experience in high-performance manufacturing, replaces Todd Yeatts, a [...]
Capital One, Walmart end credit card agreement
McLean-based Capital One Financial is no longer the exclusive issuer of Walmart consumer credit cards. The two Fortune Global 500 companies announced Friday that they had ended their consumer card agreement. The announcement follows problems first uncovered in late 2022 and early 2023, according to Reuters reporting. Capital One[...]
Foster Fuels wins potential $442M FEMA contract
Brookneal-based fuel delivery provider Foster Fuels has won an up to $442 million contract to provide emergency services to the Federal Emergency Management Agency. Under the five-year Defense Logistics Agency Energy (DLA) contract, which the Defense Department announced May 15 and Foster Fuels announced Tuesday, Foster Fuels wi[...]
Wood veneer facility to reopen in West Point
A former manufacturing facility in West Point will come roaring back to life with a $2.5 million investment by West Point Veneer, a wholly owned subsidiary of Coldwater Veneer, that will create 92 jobs, Gov. Glenn Youngkin’s office announced Tuesday. Once open, the mill will produce wood veneer and ship it globally via the[...]
Global apparel company VF to leave Martinsville in 2025
VF Corp., a Denver-based global apparel and footwear company with brands including Vans, The North Face, Timberland and Dickies, plans to close its distribution center in Martinsville in March 2025, the company confirmed Wednesday. “As part of VF’s Reinvent strategy, we have evaluated how we are shipping products to best mee[...]
Dominion installs first post for offshore wind project
Dominion Energy plunged the first monopile — after the two existing pilot turbines — into the sea floor Wednesday, kicking off construction of the $9.8 billion Coastal Virginia Offshore Wind (CVOW) project that will bring 176 turbines 27 miles off the coast of Virginia Beach. Installation of the post started mid-morning and [...]
Broadband, renewable energy focuses for rural development, USDA administrator says
Rural communities can improve their economy and quality of life, Andrew Berke, administrator for the U.S. Department of Agriculture’s Rural Utilities Service, stressed during the opening of the fifth annual Investing in Rural America conference, held Tuesday at the Hotel Roanoke & Conference Center. The Federal Reserve Ban[...]
Student sues U.Va., alleging antisemitism
A Jewish undergraduate student is suing the University of Virginia, its president and rector, and two pro-Palestinian organizations, alleging that he was “a victim of hate-based, intentional discrimination, severe harassment and abuse, and illegal retaliation” at U.Va., according to a federal lawsuit filed May 17. Ma[...]
Accenture Federal Services completes Cognosante buy
Arlington County-based Accenture Federal Services has completed its acquisition of Falls Church-based Cognosante, AFS announced Monday. With the acquisition, AFS plans to create a new federal health portfolio. The deal adds 1,500 employees to AFS’ workforce. “The health market is a unique mission space in the U.S. federal government,” Accenture Federal Services CEO John Goodman […][...]
Vanguard Landing apartments under construction in Va. Beach
Vanguard Landing, an “intentional community” specifically designed for people with intellectual and developmental disabilities, is under construction in Virginia Beach. Developers broke ground on the first phase in April and started construction in earnest in May. The mixed-use community, which claims to be the first[...]
StoneSprings Hospital Center hires new CEO
Tammy L. Razmic is the new CEO of StoneSprings Hospital Center in Dulles, the first woman to hold the top title, HCA Virginia announced May 13. Razmic will start her new job at the Loudoun County hospital on May 20. Razmic was most recently chief operating officer at HCA Florida Memorial Hospital in Jacksonville, Florida. [&hell[...]
