Sign In
Free Newsletter
VCU College of Engineering receives $1M anonymous gift
An anonymous donor has made a $1 million gift to the Virginia Commonwealth University College of Engineering to provide funds for programming and support for international students, VCU announced Tuesday. Part of the gift will establish a global education and international student support fund (to be administered through VCU’s Global Education Office) and additional funding […]
Silk City Printing to create 93 jobs in Fluvanna County
Silkscreened apparel company Silk City Printing LLC will invest $5.7 million to establish a new production operation in Fluvanna County, creating 93 new jobs, Gov. Ralph Northam announced Tuesday. Silk City will relocate its corporate headquarters from Paterson, New Jersey, to a former Thomasville facility in Fluvanna that has been vacant since 2007. Silk City […]
Kings Dominion general manager to retire
Growing up on a tobacco farm outside of Raleigh, North Carolina, Tony Johnson learned the meaning of hard work early on. At a time when his local school system had a later start to the academic year to allow for the picking season, Johnson would get up at 4 a.m. to work the fields. “It […]
Northam calls for VMI racism probe
Before the academic semester begins, new cadets at Virginia Military Institute must endure Hell Week, a punishing 10-day rite of passage that introduces students to the military discipline, drill and physical fitness expectations required of them. For one Black freshman in 2018, it meant a white sophomore telling him he’d “lynch” his body and use […]
Smithfield Foods CEO to retire
Smithfield Foods Inc., the world’s largest pork processor and hog producer, announced Monday that President and CEO Kenneth M. Sullivan will retire in early 2021 after nearly 20 years with the company. Chief Operating Officer Dennis Organ will succeed Sullivan as president and CEO following his retirement. Organ joined the c[...]
Chippenham Hospital reaches Level I trauma status
Health care network HCA Virginia announced Monday that Chippenham Hospital on Oct. 15 was designated by the commonwealth of Virginia as a Level I Trauma Center, making it the only such center in the southern Richmond metropolitan area. Level I Trauma Centers provide more care options for severely injured patients and the accredi[...]
BAE Systems wins $65.7M Navy contract
The U.S. Navy awarded Arlington-based defense contractor BAE Systems Inc. (the U.S. subsidiary of United Kingdom-based BAE Systems plc), a $65.7 million contract to develop, produce, test, evaluate and update air traffic control systems for the branch, the U.S. Department of Defense announced Thursday. Under the contract, BAE Systems will also develop and support test […]
John Marshall Foundation announces name change
The John Marshall Foundation, which raises funds for education about the rule of law under the Constitution, will now go by the John Marshall Center for Constitutional History & Civics, the nonprofit announced Friday. “The new name seeks to convey to the public that everyone is invited, that people lie at the center of its[...]
GTT Communications to sell infrastructure division for $2.15B
McLean-based telecommunications company GTT Communications Inc., which provides high-speed internet and cloud networking services to more than 144 countries, announced Friday it will sell its infrastructure division to Miami, Florida-based I Squared Capital for $2.15 billion. Under the definitive purchase agreement, I Squared Capital would obtain GTT’s Pan-European, North American, subsea and transatlantic fiber network […][...]
NoVa housing market continues upward trend in September
Unlike other industries struggling during the pandemic, residential real estate continues to stay strong. Northern Virginia Realtors saw a 58% increase, or nearly $1.5 billion, in the amount of real estate sold in September compared to the same time period last year, according to the Northern Virginia Association of Realtors (NVAR). The NVAR service area […]
Baskervill, HKS to lead Norfolk casino design, architecture
The Pamunkey Indian Tribe announced Thursday that Dallas, Texas-based HKS and Richmond-based Baskervill will serve as the architecture team for the tribe’s planned $500 million Norfolk Resort & Casino if city voters approve a Nov. 3 local referendum approving the casino development. Backed by Tennessee billionaire inve[...]
Calif. firm buys controlling stake in Vienna home security company
Palo Alto, California-based investment firm Twin Point Capital purchased a controlling stake in Vienna-based home security company Frontpoint Security, the company announced last week. Financial terms of the transaction were not disclosed. Founded in 2007 by Chris Villar, Aaron Shumaker and Peter Rogers, Frontpoint provides home security, life safety and smart home products and services […]
