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FOR THE RECORD
Central Virginia The state’s fiscal 2023-24 budget, approved June 1, contains funding that will benefit future redevelopment of the Central Virginia Training Center site in Madison Heights. Republican Sen. Steve Newman requested $25 million in state money to annul outstanding bonds associated with CVTC, a former state facility for people with intellectual disabilities that closed […]
Bathhouses at Homestead to reopen soon
A painstaking restoration of the Warm Springs Pools will wrap up in time for The Omni Homestead Resort in Bath County to reopen one of America’s oldest spas by 2022’s end. Formerly called the Jefferson Pools, the spring-fed public baths have been closed since 2017. The resort had hoped to start work on the $3 […]
JMU hires first DEI VP
James Madison University has named Malika Carter its inaugural vice president of diversity, equity and inclusion and chief diversity officer, the university announced Monday. Carter will start Aug. 25. “This appointment is a great honor,” Carter said in a statement. “JMU is well positioned to become, in the field of inclus[...]
Hershey plant unionization effort continues
Despite a resounding defeat, organizers are still fighting to unionize The Hershey Co. plant in Stuarts Draft. In late March, about 79% of the plant’s workers voted against unionizing at Hershey, the largest employer in Augusta County with nearly 1,500 workers. But while that battle might be over, the war is not, according to [...]
YHB to acquire Md. accounting firm
Winchester-based accounting and consulting firm Yount, Hyde and Barbour (YHB) will acquire Maryland-based firm Glass Jacobson PA on July 1. Financial details of the transaction were not disclosed in Wednesday’s announcement. “We are excited to welcome the Glass Jacobson team to the YHB family,” YHB Managing Partner Scott M[...]
Retail, self-storage property sells in Frederick
A retail building and self-storage facility in Frederick County have been sold for just under $4 million, Cushman & Wakefield | Thalhimer announced earlier in May. Frederick Pike Holdings LLC purchased the 21,322-square-foot retail building and 27,000-square-foot self-storage facility from Winchester Capital Group Inc. as an investment for $3,943,700. The properties are located at 118 […][...]
Frederick solar farms move forward
Frederick County is on the verge of seeing its first solar power farms. Three facilities are in the works, with another in the pipeline. That’s not to say Virginia’s northernmost county is exactly embracing fields of solar panels. “Solar farms change the character of the land from rolling fields and animals grazing in past[...]
Forward motion
Shenandoah is known for apple blossoms, but something else is popping up this spring in Front Royal: a new 340,000-square-foot warehouse logistics center. About a half-mile from the Virginia Inland Port, the center is one of roughly a dozen projects in the region built by Equus Capital Partners Ltd., a commercial real estate age[...]
Bill Buchanan named CEO of BARC Electric Co-op
Millboro-based BARC Electric Cooperative has named Bill Buchanan as CEO, replacing Michael Keyser, who left the cooperative in December 2021. Buchanan will take over as CEO effective May 9. Chief Operations Officer Chris Botulinski has been filling in as interim CEO and will return to his role as COO, the cooperative announced M[...]
Frederick County insulation facility add-on to create 37 jobs
Atlanta-based Kingspan Insulation LLC will invest $27 million to expand its Frederick County operations, a project expected to create 37 jobs, Gov. Glenn Youngkin announced Wednesday. Kingspan Insulation is a division of Kingspan Group that manufactures energy efficiency and moisture management products for residential and comme[...]
Trex starts HQ move to Winchester
Composite decking and railing manufacturer Trex Co. Inc. broke ground in January on its new $7 million global headquarters in Winchester. The 64,000-square-foot office facility will be located on 8 acres along Crossover Boulevard near Interstate 81. The company’s corporate offices are currently located on Exeter Drive in Frede[...]
Reclaiming glory
Mark Spadoni took on the role of managing director at The Omni Homestead Resort to help restore the iconic hotel, which turns 256 years old this year. “It’s a great responsibility,” he says. “We want to maintain the past but make it relevant to moving forward. The goal is to set it up for the […]
