Colonial Heights joins Richmond Region Tourism
The city of Colonial Heights has signed on as a Richmond Region Tourism partner locality, the organization announced Wednesday. With the partnership, Richmond Region Tourism will support Colonial Heights’ tourism efforts as the state is reopening during COVID-19. “We look forward to collaborating with Richmond Region Tourism to market Colonial Heights to visitors as the […]
Bon Secours seeks to expand Suffolk hospital
Bon Secours Mercy Health announced on Monday it has filed a certificate of public need (COPN) to expand its Suffolk hospital by 67,000 square feet and add up to 36 beds. The proposed expansion stems from the increased need for inpatient beds, resulting from findings from the COVID-19 pandemic and population growth in the area. [[...]
Richmond’s Need Supply Co. closes permanently
Richmond-based clothing and home goods retailer Need Supply Co. has gone under due to the COVID-19 pandemic and will permanently cease operations, its attorney confirmed Tuesday. The store has not issued a public statement, including on its website or social media sites. “Need Supply Co. has made the difficult decision to wi[...]
Private equity firm acquires Herndon tech company
Herndon-based tech company Exostar LLC announced Tuesday it has been acquired by Chicago-based private equity firm Thoma Bravo LLC. The acquisition was first announced in early June. The transaction amount was not disclosed. Exostar is a cloud-based platform that allows companies to securely share information and operate with security compliance. The platform is used by […]
PNC names new Greater Washington regional president
Pittsburgh-based PNC Financial Services Group Inc. announced Tuesday that Jermaine Johnson will succeed Richard K. Bynum as Greater Washington regional president as of Aug. 1, overseeing the bank’s operations in the greater Washington, D.C., area, including Northern Virginia and surrounding Maryland counties. Currently t[...]
Meeting Professionals International Va. Chapter chooses board president
Lisa Meriwether, tourism sales manager for Lynchburg’s Office of Economic Development and Tourism, has been named president of the board of directors of Meeting Professionals International’s Virginia chapter. Meriwether was installed as chapter president on June 30 and will serve on the board’s executive committee,[...]
Charlottesville Chamber hires Defense Affairs Committee program lead
The Charlottesville Regional Chamber of Commerce announced Monday it has hired retired Col. Lettie J. Bien as the inaugural program coordinator for the chamber’s Defense Affairs Committee (DAC), which serves as an intermediary information-sharing organization for veterans, academics and industry workers. A retired U.S. A[...]
Roanoke County launches small business relief grants
The Roanoke County Economic Development Department announced Monday it has launched a $1 million small business grant program to help businesses suffering from COVID-19 closures in the county and the town of Vinton. The program is being funded through the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act and wil[...]
300+ Alexandria small businesses receive COVID-19 funding
More than 300 small businesses in Alexandria were funded by the Alexandria Back to Business (ALX B2B) grants program in the wake of the COVID-19 crisis, the Alexandria Economic Development Partnership (AEDP) announced Thursday. In May, Alexandria City Council committed $2.4 million from its federal CARES Act appropriations, and allocated an additional $2 million from […]
Fleetwood Homes launching $2.1M expansion in Rocky Mount
Homebuilding company Fleetwood Homes will invest $2.1 million to renovate and expand its Rocky Mount facility, creating 60 jobs in Franklin County, Gov. Ralph Northam announced Thursday. “Fleetwood Homes has been a valued employer in Virginia more than 50 years, and we are proud to see the company reinvest in Franklin County,” Northam said in […]
COVID-19 death toll underreported, study finds
A joint Virginia Commonwealth University and Yale University study published Wednesday in the Journal of the American Medical Association suggests that the COVID-19 death counts reported to the U.S. public underestimate the true death toll of the pandemic in the country. “There are several potential reasons for this under-count,” lead author Dr. Steven Woolf, director […]
The Branch Group CEO resigns
Roanoke-based construction company The Branch Group Inc. announced Wednesday that CEO Will Karbach has resigned. Ron Oakley, the current chairman of the board, will serve as interim CEO, effective immediately. Upon the announcement Wednesday afternoon, The Branch Group had not provided a reason for Karbach’s departure and [...]