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BARC Electric Cooperative CEO Michael Keyser (R) is leading broadband expansion in the co-op’s service area.
Dec 29, 2020

Shenandoah pushes forward with broadband expansion

Even while getting his teeth cleaned, Michael Keyser can’t escape the topic of broadband expansion. “It‘s the only thing they’ll talk about,” the CEO of BARC Electric Cooperative says, recounting a recent discussion with a dental hygienist excited about receiving broadband service. BARC, a member-owned elec[...]

Dec 23, 2020

Richmond pharma company makes leadership appointments

Richmond-based pharmaceutical company Kaléo announced Tuesday five executive leadership appointments and promotions. Joining Kaléo from Boston Scientific, where he served as the senior vice president of corporate compliance and privacy officer, Kevin Espinoza has been hired as chief compliance officer. He will oversee Kaléo’s operations. He has also previously worked with Forest Laboratories, Compliance Implementation […[...]

Dec 15, 2020

DHL Supply Chain to create 577 jobs in Stafford County

DHL Supply Chain, a contract logistics company with its North American headquarters in Ohio, is investing $72 million to establish a mid-Atlantic distribution center in Stafford County’s Venture Business Park, creating 577 jobs, Gov. Ralph Northam announced Tuesday. The company will build a 500,000-square-foot high-bay facility for its Real Estate Solutions unit. Virginia competed with […][...]

Allison Jno-Baptiste
Dec 15, 2020

Arlington company names VP of people

Arlington-based stock media company Storyblocks announced Tuesday it has hired Allison Jno-Baptiste as its vice president of people. Jno-Baptiste most recently served as the executive director of talent and resource management at Brown University. In her new role, she will oversee employee recruitment and diversity. “I bel[...]

Dec 14, 2020

Reston telemed company announces leadership changes

Reston-based telemedicine technology provider SOC Telemed on Monday announced executive leadership appointments and promotions, effective Jan. 4. Hai Tran, who currently serves as chief financial officer and chief operating officer, has been promoted to serve as president and COO. Chris Knibb will join the company as its new CFO. With more than 20 years of […]

Dec 14, 2020

MicroStrategy raises $650M to be invested in bitcoin

Tysons-based business software company MicroStrategy Inc. announced Friday it closed a convertible debt offering by raising $650 million, which it plans to use to increase its bitcoin holdings. MicroStrategy estimates the net proceeds from the notes sale will be approximately $634.9 million, which it will invest in bitcoin, according to a company statement. The initial […]

Dec 10, 2020

eHealth Technologies creating 160 jobs in Scott County

eHealth Technologies Inc., a provider of medical record and image retrieval and clinical intelligence services, is investing $375,000 to establish a customer support center in Scott County that will create 160 jobs, Virginia Gov. Ralph Northam announced Thursday. Based in Rochester, New York, eHealth Technologies is a wholly owned subsidiary of Fairfax County-based private equity […]

Will Payne, director of InvestSWVA and managing partner of Coalfield Strategie, says Southwest Virginia’s solar and geothermal assets make it a good fit for data centers.
Nov 29, 2020

Can Southwest Virginia win the data center game?

Like many other parts of the commonwealth, Southwest Virginia is making a play to attract data centers, offering cheap land, available workers and a natural cooling system. Data centers aren’t huge employers but do offer high wages and significant tax revenue — which other regions in Virginia have taken full advantage o[...]

Nov 29, 2020

December 2020 People

Eastern Virginia Stephen Edwards, a Los Angeles-based CEO with more than two decades of maritime industry experience, will be the Virginia Port Authority‘s new CEO and executive director. A U.K. native, Edwards is currently president and CEO of TraPac LLC, which operates container terminals in the ports of Los Angeles and Oakland, California. He replaces John […]

Jeff Reed, an engineering professor at Virginia Tech, is excited about the research possibilities of a new broadband bandwidth block purchased by the university.
Nov 29, 2020

Va. Tech ups connectivity with broadband block buy

In an effort to literally expand Virginia Tech’s research bandwidth, the Virginia Tech Foundation bought eight blocks of Citizens Broadband Radio Service (CBRS) in the Federal Communications Commission’s auction this summer. As owner of priority access licenses (PALs) for four 10MHz blocks in Montgomery County and fo[...]

Integrity Bank for Business President and CEO Mike Ives
Nov 29, 2020

New community bank set to open in Va. Beach

For all Mike Ives’ experience in banking, he was perplexed by a word that potential investors and clients kept mentioning during a feasibility study for the bank he wanted to form: “menu.” “I’d not heard the word ‘menu’ used before regarding banking,” says Ives, explaining that some larger banks give [...]

Executive Director Summer Sage and board President Joshua Hale say a decreasing number of patients led to The Free Clinic’s closure.
Nov 29, 2020

After 30 years, The Free Clinic will shut its doors

Harrisonburg’s The Free Clinic will go out of business at the end of December after providing medical care to low-income, uninsured adults for more than 30 years. “We’ve taken care of patients. We’ve made our community a healthier place, and we’re happy about that,” says Joshua Hale, president of the [...]

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