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Altria commits $1M to coronavirus relief efforts
Henrico County-based Altria Group Inc. is committing $1 million to coronavirus relief efforts in the Richmond area and in other communities where it has manufacturing and agricultural assets. “This is an unprecedented time, and it’s critical that businesses step up to meet the challenges in the communities where we live an[...]
Virtual retail therapy
Virginia Business virtually sat down with Kate Stottlemyer, owner of Tweed, a small, family-owned brick-and-mortar boutique located in Henrico County’s busy Short Pump area, to get a feel for how local retailers have adapted to doing business during the coronavirus crisis. This is part of an ongoing series of conversation[...]
Henrico lab to ship 150,000 COVID-19 tests per month
Glen Allen-based GENETWORx Laboratories said it will soon begin shipping at least 800 COVID-19 test kits per day, with a goal of ramping up manufacturing enough to deliver 150,000 during the month of April. A unit of Pennsylvania-based Recovery Centers of America (RCA), GENETWORx Laboratories says it can provide test results within 24 hours of […]
Genworth Financial moves closer to acquisition
Henrico County-based Genworth Financial Inc. has cleared another regulatory hurdle in its long-delayed takeover bid by China Oceanwide Holdings Group Co. Ltd. On Tuesday, the New York State Department of Financial Services reapproved Oceanwide’s proposed acquisition of Genworth’s New York-based insurance company, Genworth Life Insurance Company of New York (GLICNY). In connection with the reapproval, Genworth […][...]
The Hilb Group acquires Ohio company
Henrico County-based insurance company The Hilb Group LLC (THG) announced Tuesday the acquisition of Cleveland, Ohio-based Healthcare Liability Consultants Agency Inc., effective March 1. THG also hired the Healthcare Liability Consultants owner owner and medical malpractice insurance specialist Julie Paton as a producer. Financial terms of the acquisition were not disclosed. Founded in 2009, THG […][...]
Northern Virginia Community College launches COVID-19 emergency fund for students
Northern Virginia Community College (NOVA) Educational Foundation on Monday launched an emergency student aid fund to help students struggling with economic fallout from COVID-19, with a goal to issue $500 grants to at least 1,500 students. More than half of NOVA’s 85,000 students work full- or part-time jobs, according to the community college, and the […]
Northern Va. home prices rise, home inventory falls in February
Chantilly-based Long & Foster Real Estate released a report Thursday showing that median home sale prices rose, but home inventory dropped in most of Northern Virginia in February. The Long & Foster Real Estate Market Minute Report studied trends in Alexandria, Arlington, Fairfax County, Loudoun County and Prince Willi[...]
Richmond developer raises $7M for apartment building in Scott’s Addition
Capital Square Realty Advisors LLC, a Henrico County-based real estate investment and management company, announced Monday that it has raised $7 million from investors for a five-story, 80-unit apartment building in the city’s popular Scott’s Addition neighborhood. Scott’s Collection I, which will be located on[...]
JBG Smith gets green light for 300-foot-tall apartment towers in Crystal City
Bethesda, Maryland-based developer JBG Smith Properties has secured the final permissions from Arlington County for two, 300-foot-tall apartment towers in Crystal City near where the real estate company is developing and leasing space for Amazon.com Inc.’s $2.5 billion HQ2 East Coast headquarters. The mixed-use development[...]
The Community Foundation debuts $3M fund to aid nonprofits
Richmond-based nonprofit The Community Foundation is partnering with the Emergency Management Alliance of Central Virginia and PlanRVA to create a regional emergency response fund to support Richmond-area nonprofits responding to the impact of COVID-19. The $3 million Central Virginia COVID-19 Response Fund was seeded with a $500,000 contribution from The Community Foundation and will be […][...]
Henrico nursing home has 4 coronavirus patients, 3 more pending
Four residents at Canterbury Rehabilitation & Healthcare Center in Henrico County tested positive for coronavirus in the past 48 hours and three more residents who are exhibiting COVID-19 symptoms are being tested, the nursing home announced Friday afternoon. “Per guidance from the Henrico County Health Department, all seven patients are currently being treated onsite in […]
Sterling biotech firm launches COVID-19 test
Sterling-based biotech company Aperiomics has launched a COVID-19 test available for to medical providers nationwide for $250 per sample. Aperiomics says it has the capacity to process and deliver results on 1,000 tests per week. The company says it can turn around results from its Xplore-COVID-19 tests within 48 to 72 hours of receiving a […]
