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Danville pharma startup announces $6.1M expansion
Danville-based pharmaceutical engineering and manufacturing company Engineered BioPharmaceuticals Inc. will invest $6.1 million to expand from a business incubator into its first standalone manufacturing space, Gov. Glenn Youngkin announced Wednesday. The move is expected to create 34 jobs. The company will expand from its current lab space at Dan River Business Development Center — a […]
Cox expands Myers’ role to East Coast
Cox Communications Inc. has expanded Virginia executive J.D. Myers II’s’ role so that he now oversees much of the East Coast. Myers, who is based in Chesapeake, previously had oversight of operations and business growth in Virginia. As senior vice president and region manager of Cox’s East Region, he now has ov[...]
Northrop Grumman appoints global biz development officer
Stephen O’Bryan will become corporate vice president and global business development officer for Falls Church-based Fortune 500 aerospace and defense contractor Northrop Grumman Corp. on Feb. 6. Northrop Grumman announced that the board of directors elected O’Bryan on Monday. O’Bryan will lead business development organiza[...]
Ashland fire protection firm CEO retires
Ashland-based VSC Fire & Security (VSC) President Tommy Clements has assumed the added role of CEO, following former CEO Mike Meehan’s retirement, the fire protection and security company announced in mid-January. Meehan retired on Dec. 31, 2022. He will continue to serve on the board of directors as non-executive chairman[...]
HII taps former DOD chief of staff as EVP
Eric Chewning, who was chief of staff for two acting defense secretaries in the Trump White House, became Newport News-based Fortune 500 shipbuilder Huntington Ingalls Industries Inc.’s executive vice president of strategy and development on Monday. Chewning will guide corporate strategy and identify opportunities for grow[...]
State’s oldest bank to trade on Nasdaq
In 1858, the Mount Vernon Ladies’ Association bought George Washington’s former home, seeking to preserve the historic estate for a country on the brink of civil war. A key player in this transaction was Alexandria-based Burke & Herbert Bank & Trust Co., which also protected the association’s assets during the Civi[...]
Spearhead Trails aims for recreational shooting boost
The Southwest Regional Recreation Authority (SRRA) will use a $750,000 federal grant to further develop its Spearhead Trails Sportsman Adventures Complex in Dickenson County. A ribbon-cutting for the 150-acre complex in Clintwood was held in August 2022, when the complex had two archery ranges, plus shooting ranges for pistols, [...]
Farmville SEED hub seeks to grow innovation
Luther Cifers launched fishing equipment company YakAttack LLC in 2009 out of his friend’s basement, and he moved to the garage to create prototypes of its gear. Now, he is putting in work so future entrepreneurs will have a dedicated space for their projects. The Farmville SEED Innovation Hub, slated to open in late fall, [&h[...]
Tech researchers aim to transform power grid
Across the American landscape about 3,000 more wind turbines have popped up every year since 2005, and more than 2.7 million homes in the U.S. now sport solar panels. The power grid also is transforming, but the system is still better suited to centralized coal-fired plants, not widely dispersed sources of renewable energy. A fo[...]
It’s back!
Of all those whom Pharrell Williams has made happy, Virginia Beach government officials and business owners could be at the top of the list with the return of the music superstar’s Something in the Water this spring. Williams’ three-day music festival debuted in April 2019 at the Oceanfront and was a smash hit, with 25,000 [[...]
Incubator hopes to grow Virginia winemaking
Tim and Ben Jordan are first-generation grape growers on a Shenandoah Valley farm that has been in their family since the 1700s. Although the brothers “leapt off the ground quite blindly” to pursue their passion, Tim Jordan says — first planting grapes in 2007 — their dream of building a winery on the farm proved [&hel[...]
Danville lacks housing options for workforce
Danville is having a “Field of Dreams” dilemma. The famous movie quote, “If you build it, they will come,” rings all too true in the former mill town, which is attracting companies to its industrial parks and old Dan River Mills properties, along with a $650 million casino. It’s good news on paper, but where […]
