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For The Record August 2024
CENTRAL VIRGINIA Tobacco giant Altria Group, headquartered in Henrico County, will be allowed to market four different menthol-flavored e-cigarettes, the U.S. Food and Drug Administration said June 21. The announcement came two months after the Biden administration controversially delayed a decision on banning menthol cigarette sales. Marketed under Altria’s NJOY brand, the products are the […][...]
Liberty, Falwell Jr. reach global settlement
Liberty University and Jerry Falwell Jr. have reached a global resolution agreement that settles all three lawsuits between the Lynchburg private Christian university and Falwell, Liberty’s former president and chancellor who was forced to resign in 2020 in disgrace. In a joint statement released Friday afternoon, Liberty [...]
Framatome Inc. taps new CEO and president
Starting Aug. 8, Anthony “Tony” Robinson will take over as the next CEO and president of Framatome Inc., the North American subsidiary of the French nuclear equipment, services and fuel producer. A former executive for Framatome and BWX Technologies, Robinson replaces Katherine Williams, who retired after 20 years wo[...]
Carilion Clinic CEO Agee announces retirement
After more than a decade at the helm of Carilion Clinic, Nancy Howell Agee plans to retire at the end of September, the health system announced Wednesday. Steve Arner, who was promoted to president in May 2023, will replace her as Carilion’s top executive, effective Oct. 1. Agee was born at Roanoke Memorial and later [&hel[...]
Inova Fairfax Hospital ranks No. 1 in Va. for fourth year
For the fourth consecutive year, Inova Fairfax Hospital in Falls Church has taken the No. 1 spot in Virginia on the U.S. News and World Report’s annual list of the best hospitals in the nation, released Tuesday. The Inova Health System hospital also ranked first in the Washington, D.C., metro area for the fourth straight [&h[...]
Homestead Creamery to expand Franklin County facility
Dairy products maker Homestead Creamery will carry out a $2.5 million renovation and expansion of its Franklin County production facility, Gov. Glenn Youngkin announced Wednesday. The company will build a new ice cream production room and install additional production and refrigeration equipment and freezers. The expansion is in[...]
Roanoke developer pivots from office space to downtown park
Sometimes the best decision a builder can make is not to build. That’s the conclusion Lucas Thornton, managing partner at Hist:Re Partners in Roanoke, recently reached, although his plans for an office building may happen in the future. Thornton’s downtown mixed-use development, The Bower, was set to open by late June with 9[...]
Retro Hospitality adds three hotels to portfolio
Richmond-based boutique hotel advisory and management firm Retro Hospitality has added three Virginia hotels to its portfolio, the firm announced Wednesday. The company now operates The Bee and The Holbrook Hotel in Danville and The Lofts at Downtown Salem in Salem. Other hotels in its portfolio include the Blackburn Inn and Con[...]
BWXT team lands $30B federal nuclear contract
A joint venture led by a Lynchburg-based BWX Technologies subsidiary has been awarded a potential $30 billion Department of Energy contract to operate a nuclear weapons plant in Texas, the company announced Friday. The DOE’s National Nuclear Security Administration awarded the contract to PanTeXas Deterrence (PXD), a joint[...]
Artspace plans Roanoke artist housing community
Roanoke developer Ed Walker first tried to lure Artspace, a Minnesota-based nonprofit real estate developer for the arts, to Roanoke for an early 2000s redevelopment project, but Artspace essentially ghosted him. “It’s very, very, very, very difficult to get Artspace’s attention and to get them interested in a commun[...]
FOR THE RECORD June 2024
CENTRAL VIRGINIA Washington, D.C.-based real estate analytics and data company CoStar Group will receive a grant from the City of Richmond worth several million dollars because of the company’s plan to build an office tower expected to generate more than $30 million in new tax revenue. On April 22, Richmond City Council approved an ordinance […]
Foster Fuels wins potential $442M FEMA contract
Brookneal-based fuel delivery provider Foster Fuels has won an up to $442 million contract to provide emergency services to the Federal Emergency Management Agency. Under the five-year Defense Logistics Agency Energy (DLA) contract, which the Defense Department announced May 15 and Foster Fuels announced Tuesday, Foster Fuels wi[...]
