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JMU SVP of administration and finance announces retirement
Charlie King, James Madison University’s senior vice president of administration and finance for the past 25 years, has announced he will retire in December, the university said Monday. “On behalf of the entire university community, I congratulate Charlie on his retirement and share deep appreciation for the foundation he ha[...]
Six Staunton apartment properties sell for $6.3M
Staunton Portfolio LLC has purchased a six-property multifamily portfolio, which includes 88 apartments for $6.3 million, Cushman & Wakefield | Thalhimer announced Wednesday. The portfolio was sold with assumable long-term fixed-rate debt in place. The seller was LSK Properties LLC. The properties are located in Staunton at [...]
Virginia Industrial Plastics to grow in Rockingham, adding 92 jobs
Virginia Industrial Plastics Inc. will invest more than $6.5 million to expand its manufacturing facility in Rockingham County, Gov. Ralph Northam announced Thursday. The plastic thermoforming and fabrication company will add 92 jobs with the expansion. Virginia Industrial Plastics makes products designed to serve markets such as meat processing, leisure, medical, commercial, transportation, industrial, heavy […][...]
Harrisonburg’s Farmer Focus hires CFO, R&D head
Harrisonburg-based Farmer Focus has hired Debarshi Sengupta as chief financial officer and Sean McLendon as head of research and development, it announced on Aug. 26 and Sept. 9. “Debarshi is an instrumental hire to guide our future, creating a strategic path forward to plan and resource our tremendous growth,” Farmer Focus [...]
CAVA to build $30M facility in Augusta County
Washington, D.C.-based fast-casual Mediterranean restaurant chain CAVA will spend more than $30 million to establish a new processing and packaging facility in Augusta County, a project expected to create 52 jobs, Gov. Ralph Northam announced Thursday. CAVA will build the 57,000-square-foot facility in Mill Place Commerce Park in Verona. “Food and beverage processing is at […]
Valley Health tells workers to get vaccinated
Nicole Clark wants the nurses she supervises to do everything they can to keep themselves, their patients and co-workers safe from COVID-19. That means wearing personal protective equipment, social distancing, frequent hand washing — and getting vaccinated against the disease. Valley Health, a nonprofit health system that incl[...]
Staunton senior community sells for $4.75M
A senior-living community with 62 one- and two-bedroom apartments in Staunton has sold for $4.75 million, Cushman & Wakefield | Thalhimer announced this week. Formerly a high school built in 1926, Gypsy Hill Place was converted to apartments and commercial space in 2009. Original developer Gypsy Hill Place LLC, represented b[...]
Winchester manufacturer to build $1.25 million plant expansion
Winchester-based Evolve Manufacturing will invest $1.25 million to enlarge its plant in Frederick County, creating 84 jobs, Gov. Ralph Northam announced Friday. The company will add a second production line, triple its facility space and increase production for its major customers, including Home Depot, according to a news release. “Evolve … is a key employer […]
Mary Baldwin University appoints first chief diversity officer
The Rev. Andrea Cornett-Scott has been named Mary Baldwin University’s first chief diversity officer, effective Aug. 1. Cornett-Scott will be responsible for campuswide diversity, equity and inclusion efforts and resources. Her duties will include assessing the need for training initiatives on cultural competency, racial sensi[...]
Now shed of wireless assets, Shentel embraces broadband
Shenandoah Telecommunications Co., or Shentel, sold its wireless assets in July to T-Mobile USA Inc. for $1.94 billion, leaving the Edinburg-based company with approximately $1.25 billion in proceeds after paying off outstanding loans and ending contracts. The sale is an outgrowth of Shentel’s former wireless affiliate contrac[...]
Roanoke construction firm to renovate Homestead’s Warm Springs Pools
Roanoke-based Lionberger Construction Co. has been selected as the general contractor to renovate The Omni Homestead Resort’s historic Warm Springs Pools, Omni Hotels & Resorts announced Monday. The contractor will restore the men’s and ladies’ bath houses at the formerly named Jefferson Pools and the reception house o[...]
JMU entrepreneurship center hires new director
James Madison University announced Thursday that Suzanne Bergmeister has been named the next executive director of its Gilliam Center for Entrepreneurship. She comes from the University of Louisville’s Forcht Center for Entrepreneurship in Kentucky, where she has been the full-time entrepreneur in residence for the past 15[...]
