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Purdue provost named next president of Virginia Tech
The provost of Purdue University has been selected from 238 candidates to become the next president of Virginia Tech on June 1.
Tesla Motors is expanding presence in Virginia
A Supercharger station may not mean much to the average driver, but for owners of Tesla’s Model S electric sedan it can mean waiting minutes to charge their cars versus hours.
Early Mountain Vineyards promotes Virginia wine
AOL co-founder Steve Case and his wife, Jean, didn’t set out to own a winery, but when the opportunity to purchase the former Sweely Estates presented itself in 2011, they couldn’t pass it up.
Altria and Philip Morris International enter product licensing and distribution agreement
Companies agree to license and distribute E-vapor, other products.
Eastern Shore building sold for $945,000
TI Investments acquires 16,117-square-foot property in Belle Haven from Kellam Energy.
Clarion purchases interest in Carlyle Overlook
Clarion Partners LLC has acquired a majority condominium interest in Carlyle Overlook, an office property located in Alexandria for $65.75 million.
Wheeler REIT purchases New Jersey shopping center
Virginia Beach-based company bought the property for $6.6 million, or $162 per leasable square foot.
CarMax Inc. reports increase in sales, profit
CarMax Inc. reported a 13 percent gain in revenues to $2.94 billion in the third quarter as used car sales grew 15 percent.
Loudoun County names new director of economic development
Buddy Rizer has been the county’s acting economic development director since August.
$20 million hotel project announced for downtown Bristol
Virginia-based partnership plans 70-room boutique hotel with spa.
Arlington-based PAE names new chief executive officer
John Heller was senior vice president and CFO of Engility Corp.
Former Wisconsin governor becomes chairman of HealthcarePays
Richmond-based payment network is designed to reduce waste and fraud.
