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Nanotech company to invest $2.9M in C-ville expansion
Laser Thermal, a nanotechnology company spun out of the University of Virginia, will spend $2.9 million and add 28 jobs at its manufacturing, research and development facility in Charlottesville, Gov. Glenn Youngkin announced Monday. The company provides testing services to companies wanting to understand thermal properties at t[...]
CFA Institute sells Charlottesville HQ for $21.9M
The Charlottesville headquarters of CFA Institute sold for $21.9 million, Cushman & Wakefield | Thalhimer announced Tuesday. The 150,000-square-foot office building, at 915 E. High St., is the former Martha Jefferson Hospital, which opened in 1904, according to Cvillepedia. CFA Institute, a nonprofit association of investmen[...]
Microsoft Federal sees leadership change
Microsoft Corp.’s federal arm has new leadership, after its former president, Rick Wagner, left the company to pursue “new opportunities.” Wagner had run Microsoft Federal, now based in Rosslyn, since 2020. Candice Ling announced in a LinkedIn post this week that she had accepted his former job. Microsoft’[...]
Rail equipment manufacturer to expand in Salem
Wabtec Corp. is investing $2.7 million to expand its existing facility in Salem, adding 38 jobs, Gov. Glenn Youngkin announced Wednesday. Headquartered in Pittsburgh, Wabtec provides equipment, systems, digital solutions and other services for freight and transit rail globally. The expansion will accommodate the relocation of its pneumatically controlled braking systems manufacturing lines within its […][...]
Inova hires new chief information and digital officer
Inova has snagged another top executive from the Cleveland Clinic. Matthew Kull has been named as chief information and digital officer of the health system, which spans five hospitals and employs 20,000 people in Northern Virginia, the system announced Monday. Kull will start Aug. 7. Most recently, Kull served as chief informat[...]
Va. semiconductor alliance powers forward
Virginia’s initiative to become a bigger part of the country’s burgeoning semiconductor chip industry charged forward Tuesday with the public launch of an alliance intended to unite academia and businesses in developing talent and establishing manufacturing and research facilities. Announced in April by Gov. Glenn Yo[...]
Amentum-led team receives $5.87B nuke cleanup contract
A team led by Chantilly-based federal contractor Amentum Services Inc. will manage the decontamination and decommissioning of a Cold War-era nuclear weapons complex under a $5.87 billion, 10-year contract announced by the U.S. Department of Energy Thursday. Southern Ohio Cleanup Company LLC, based in Aiken, South Carolina, is a [...]
Stihl names new president, CEO
Virginia Beach-based chainsaw and outdoor power equipment manufacturer Stihl Inc. has announced a leadership shift a little more than a year after Terry Horan took on the role of president and CEO. Chris Keffer, senior vice president of sales and marketing, will become the company’s new president and CEO on August 4, repla[...]
Tight housing markets continue in NoVa, Hampton Roads
Home sales in Northern Virginia in June were up 3.6% from the previous month, but still down 16% compared with the same period a year ago, according to a report from the Northern Virginia Association of Realtors released Wednesday. “Many factors” are pointing to the region’s market normalizing when comparing it to five-year trends, the report […]
Gordon Robertson tapped as Regent University chancellor
Gordon Robertson, son of the late televangelist Pat Robertson, succeeded his father this week as chancellor of Virginia Beach-based Regent University, a nationally prominent Christian conservative private university founded by the elder Robertson. Robertson will continue to serve as president and CEO of CBN and president of Oper[...]
Cloud, cyber company to establish HQ in Loudoun
Fortreum LLC, a cloud-computing and cybersecurity firm, is establishing its headquarters in Loudoun County and creating 53 jobs, Gov. Glenn Youngkin announced Thursday. The company, launched in 2021, provides cybersecurity and cloud support with an emphasis on regulatory compliance and technical validations, for businesses operating in the public and private sectors. Fortreum expects to invest […][...]
March of Dimes names new president and CEO
When she starts her new job as president and CEO on July 17, Dr. Elizabeth Cherot will be the first physician to head up the March of Dimes, the 85-year-old, Arlington County-based women’s and infant’s health nonprofit founded by U.S. President Franklin D. Roosevelt. Cherot joined March of Dimes in January as senior [...]
