Austin, Texas-based packaging manufacturer ePac Flexible Packaging will invest $6.5 million to establish a manufacturing facility in Henrico County, creating 35 jobs, Gov. Ralph Northam announced Monday.
ePac Flexible Packaging was founded in 2016 and produces finished pouches and rollstock. The manufacturer invested $100 million last November in HP Indigo 20000, a commercial digital printing system ePac expects to double its production capacity. The plant will be in North Run Business Park near interstates 95 and 295.
Robert Laird, general manager of ePac Richmond, says that the company’s customers are predominantly small-and medium-sized food manufacturers.
“Technology is changing the way companies operate, and ePac Flexible Packaging has developed an innovative digital platform that sets the company apart from its competitors,” Northam said in a statement. “ePac’s new, state-of-the-art manufacturing facility in Henrico County will enable the company to continue producing and delivering orders quickly and efficiently, and help drive the growth of Virginia businesses that will now have access to a high-quality, local provider of sustainable packaging solutions.”
The Virginia Economic Development Partnership worked with the Henrico Economic Development Authority to secure the project for Virginia. The Virginia Jobs Investment Program will support job creation, recruitment and training.
ePac also has offices in Atlanta; Austin, Texas; Boulder, Colorado; Madison, Wisconsin; Miami, Florida; Minneapolis, Chicago, Boston and Los Angeles. Its Minneapolis location just opened in January.
Henrico County-based manufacturer Alchemco recently acquired a North Dakota waterproofing technology company, TechCrete LLC, in a move expected to create 15 to 20 jobs, according to Alchemco.
Terms of the transaction were not disclosed, but Alchemco, which produces products to clean, repair and waterproof concrete and masonry, expects the addition to generate $50 million in revenue over the next five years, according to its news release.
Alchemco CEO Mario Baggio said that the proprietary part of TechCrete’s waterproofing product is manufactured at their site in western Henrico County, and the final product is created in Minneapolis. “Just like the Coca-Cola formula, only three people in the world know this formula we acquired, so that is why we manufacture it here,” Baggio said.
Chemist Curtis Nelson founded TechCrete in the mid-1970s and sold the company to Baggio after a yearlong negotiation process. Alchemco was founded in 2016 in Brazil and moved its global headquarters to Henrico last year. It sells products in 75 countries.
An affiliate of Baltimore, Maryland-based commercial real estate firm Klein Enterprises purchased a 95,282-square-foot office complex in Loudoun County‘s Sterling area for $15.375 million, commercial real estate company Avison Young, which negotiated the sale, announced Monday.
The property is located at 45745 Nokes Blvd. within the Corporate Office Park at Dulles Town Center.
The office complex was 85% leased at the time of the sale to Eagle Bancorp Inc., Inova Health System, The Raytheon Co. and Barakat Orthodontics. It is located seven miles from the Washington Dulles International Airport.
Avison Young represented the owner and Kevill, Michael Yavinsky, Rob Walters and Bert Harrell, Matt Weber and Michael Murillo of Avison Young led the sale.
Virginia Beach-based independent insurance agency Towne Insurance has promoted multiple executives in leadership positions.
Towne Insurance CFO Boyd Griffin was promoted to executive vice president and will retain his duties as CFO.
Chris Rogerson was appointed as chief operating officer. Rogerson joined the agency in 2017 as vice president and manager of the select business unit.
Jamie Fuqua was promoted to regional president of Hampton Roads. He was previously the chief marketing officer and was in charge of underwriter relationships.
Joe Harrow has been promoted to regional president of Richmond and Williamsburg. He joined Towne Insurance in 2018 following the merger of his previous company, Middle Peninsula Insurance, with Towne Insurance.
“Towne Insurance has experienced significant growth over the past several years as we expanded our insurance footprint outside of Hampton Roads and moved west to Richmond and now throughout the entire state of North Carolina,” Towne Insurance President and CEO Dudley Fulton said in a statement.
Towne Insurance is a wholly-owned subsidiary of TowneBank, which had total assets of $11.95 billion as of Dec. 31, 2019. Towne Insurance employs more than 440 people.
Lance R. Collins, the Joseph Silbert Dean of Engineering at Cornell University, has been selected as the first vice president and executive director of Virginia Tech‘s $1 billion Innovation Campus, which is set to open in Alexandria‘s North Potomac Yard area in the fall. He will join Virginia Tech as of Aug. 1.
The Innovation Campus is located in close proximity to Amazon.com Inc.‘s $2.5 billion HQ2 East Coast headquarters and was a key part of the state’s successful pitch for landing HQ2. The new campus, which is being built on the site of a Regal movie theater, is part of a statewide initiative to create more skilled workers with degrees in tech fields. Focus on tech talent, research and education, the Innovation Campus will serve graduate and postgraduate students. Its academic offerings will include a new master of engineering degree in computer science.
Collins has led Cornell’s college of engineering since 2010 and joined the university as a professor in 2002. He was part of the leadership team at Cornell that bid to partner with New York City to build Cornell Tech, which opened in 2017. While at Cornell, Collins raised $400 million in new gifts and secured $50 million gifts to name the Meinig School of Biomedical Engineering and the Smith School of Chemical and Biomolecular Engineering.
“Lance Collins is a world-class leader with impeccable credentials, a commitment to collaboration and experience scaling up both an undergraduate student talent initiative and a new graduate campus in an urban area,” Sands said in a statement. “He’s the ideal person to build on our momentum and launch a campus in the greater Washington, D.C., area that will expand the pool of tech talent and lead our exploration of the human-computing frontier.”
Collins spent 11 years as an assistant professor, associate professor and professor of chemical engineering at Penn State University before his time at Cornell. He is a fellow of the American Physical Society, the American Association for the Advancement of Science and the American Institute of Chemical Engineers.
He holds a bachelor’s degree and a master’s degree from Princeton University and a Ph.D. from the University of Pennsylvania. All of his degrees are in chemical engineering. Collins will also serve as a professor of mechanical engineering at the Innovation Campus.
The Innovation Campus’s fall 2020 classes will meet in existing Virginia Tech academic space in Northern Virginia. The campus’ first building is scheduled to open in 2024. The entire Innovation Campus will take approximately 10 years to complete and will enroll up to 750 master’s candidates and hundreds of doctoral students and postdoctoral fellows.
Belgium-based artificial intelligence platform developer and educator Omina Technologies has opened its new U.S. headquarters in McLean.
Financial terms of the headquarters have not been released.
Founded in 2016, Omina currently has an office in Miami. North America CEO Brian Alexander said in a statement that the company decided to locate its North America headquarters in Northern Virginia because of the number of tech companies in the area.
“The area is rich with diverse high-tech companies and several companies in our core industries including banking, insurance, and telecommunication,” Alexander said. “80% of internal AI projects are failing due to lack of AI knowledge on which business problems can best be solved with AI and due to the difficulty in recruiting AI experts who are in high demand. Hence, there is a big need for helping companies to understand how they can reap the fruits of internal AI projects. That’s where we come in.”
Omina caters to small and mid-sized companies. Its portfolio includes Omina Consultancy (AI strategy), Omina Platform (self-service platform for domain experts) and Omina Academy (educate and train in AI).
A former Chesapeake restaurant building was sold for $1.45 million, real estate agency Cushman & Wakefield | Thalhimer announced Wednesday.
The 5,022-square-foot building sits on more than two acres of land at 401 Cedar Commons in Chesapeake located in close proximity to the Chesapeake Golf Club.
Matthews, North Carolina-based SXCW Properties II LLC purchased the building from Rui Lan Ni. SXCW Properties II LLC plans to redevelop the property, although neither a timeline or plans have been released.
Eric Stanley of Cushman & Wakefield | Thalhimer’s Hampton Roads office handled the sale negotiations on behalf of the seller.
The Boys & Girls Clubs of Metro Richmond purchased the former Eastlawn Shopping Center in Richmond’s East End for $1.025 million and will convert it into a center for the clubs’ programming, the organization announced Monday.
The youth nonprofit purchased the facility from the Richmond Redevelopment and Housing Authority in 2019 using funds from the organization’s $25 million New Statistics fundraising campaign. The Richmond Redevelopment and Housing Authority purchased the Eastlawn Shopping Center in 2017 for $1 million, according to city records.
The sales price was not disclosed.
The Boys & Girls Clubs of Metro Richmond serves more than 1,200 youth in historically marginalized communities in the Richmond metro area. The clubs provide programming after school, on weekends and during the summer, including academic assistance, social-emotional learning and physical activity.
The 16,000-square-foot facility at 1812 Creighton Road is expected to open in spring 2021 and an adjacent space will provide a space for career training, counseling, mental health services and college prep.
“This space represents the tangible culmination of our vision for how we can best serve the needs of our community’s underserved teen population,” Todd McFarlane, president and CEO of the Boys and Girls Clubs of Metro Richmond, said in a statement. “The facility will help guide teens into adulthood, putting them on a trajectory toward healthier, more connected and thriving futures.”
Penrose has been with Cushman & Wakefield | Thalhimer since 2000. He currently serves as vice president of commercial sales and leasing at the firm’s Newport News office.
Penrose has a bachelor’s degree in business, managing and marketing from Christopher Newport University in Newport News.
The lowest U.S. unemployment rate in 50 years isn’t slowing down the companies honored as this year’s Best Places to Work in Virginia. The winners find plenty of applicants are attracted to their good pay and supportive cultures.
For example, Burns & McDonnell, a global architecture, engineering and construction company with four offices in Virginia, hired nearly 1,000 people last year, growing its companywide workforce to more than 7,000 employees.
Job seekers “are coming to us. We are able to select the best,” says Jeffrey Ganthner, a Chesapeake-based regional vice president with Burns & McDonnell, a global architecture, engineering and construction company. Photo by Mark Rhodes
The firm’s Virginia offices are doing their part to keep Burns & McDonnell growing, says Jeffrey Ganthner, vice president and general manager of Mid-Atlantic region offices for Burns & McDonnell. Its Roanoke office opened in 2015 with only six employees; it expects to expand to a staff of 100 there by next year.
Although Virginia’s unemployment rate dropped to 2.6% in October, Burns & McDonnell hasn’t struggled to find the right workers because of the company’s reputation as an outstanding employer, Ganthner says. For example, fire protection engineers, who design smoke suppression and sprinkler systems, are scarce and can be hard to locate, but “in the last 18 months we have hired six in Arlington pretty quickly.”
Last year, the company, which is based in Kansas City, Missouri, received 70,000 applications from people ranging from new college graduates to seasoned professionals. “They are coming to us. We are able to select the best, ” says Ganthner, who is based in Chesapeake.
Another 2020 Best Places to Work winner, Fortune 500 financial services firm Edward Jones, also isn’t encountering difficulties with recruitment. “At Jones, we grow intentionally and organically. The downward trend in unemployment hasn’t created a difference for us,” says regional leader Brian Callery, who is based in McLean.
Engineering, architecture and planning firm DJG Inc. has only 23 employees, but “we’re always looking to grow, looking for other avenues to further provide services to our clients,” says John Ozmore, co-owner and architectural group manager.
Some of these companies were selected as this year’s Best Places to Work in Virginia. Since 2011, Virginia Business and Pennsylvania-based Best Companies Group have collaborated to identify the commonwealth’s best workplaces.
One hundred companies were chosen for the Best Places to Work list in three categories: small, midsize and large businesses. (See selection process.)
Close-knit culture
What is it about these companies that makes them award-winning — and attractive to job applicants?
“The best way to support people is to invest in them,” Ganthner says. “We are 100% employee-owned, have flexibility and a wonderful wellness plan and highly support continuing education.”
End-of-year bonuses are part of the equation. “The best way to reward people is to give them the money right back,” he says. “We also have a wonderful paid time-off plan, flexibility and we highly support continuing education.”
Job seekers also appreciate that Burns & McDonnellis a very flat organization, Ganthner adds. “People a year or two out of school are leading projects.”
At Edward Jones, “people who work for the company and who are the source of success participate in the rewards. They share in the profits,” according to Callery.“And an associate has the ability to become a partner in the firm and an owner of the firm.”
The company’s benefits aren’t just financial. The culture of the firm is unique, Callery says, and that itself is a benefit. “One of our core values is working in partnership. Everyone helps one another. It’s really a philosophy everyone lives by. People are invested in one another’s success. It really brings the best out in people.”
DJG Inc., located in Williamsburg, has a profit-sharing system. The small company fosters a close-knit culture with activities ranging from an annual retreat to an office chili cookoff. People even join together to pick up litter along a nearby stretch of highway.
Reaching out
When best companies recruit, they often use the usual tactics: employee referrals, postings on job boards and listings on the company website. But they go above and beyond to reach out to the top candidates.
Engineering, architecture and planning firm DJG Inc. reaches out to universities and professional organizations to find talent, says co-owner John Ozmore. Photo by Mark Rhodes
DJG Inc. works closely with area universities to find fresh talent, according to Ozmore. “We’ve sent staff members to Virginia Tech and Old Dominion, where they have good architectural and engineering programs. We go to the architectural school at Hampton University.”
Many DJG staff members belong to professional organizations, where they can meet prospective candidates in their specific fields, he says. “That helps out a lot. Everybody gets different ideas to entice people to come.”
When Burns & McDonnell chose to open in Chesapeake, Arlington, Richmond and Roanoke, “we looked at launching offices for our clients and the incredible talent pool. We tap into the talent in each community and better serve clients around the world from these locations,” Ganthner says.
Paying dividends
In Chase City, Mecklenburg Electric Cooperative has been scrambling to hire workers. “We’ve hired more [employees] in the last 18 to 24 months than we have in 10 years,” says Leilani Todd, vice president of human resources.
Mecklenburg Electric Cooperative has been on a hiring spree to refresh its workforce as baby boomers retire, says Leilani Todd (center), vice president of human resources. Photo by Mark Rhodes
But that’s because the award-winning company is so good at retention. “We have extremely low turnover,” she says. “We knew this was coming. We foresaw that trend as employees became eligible to retire” after decades on the job. Accordingly, more than a dozen years ago, the company began preparing to replenish its ranks.
The co-op started working with partners in the industry, in schools and in state agencies to make people aware of its career offerings.
“We’ve been in schools for many years. We work with not just students but with parents,” she says. “Energy is not going away. If folks want to contribute to the environment, to their community, this is a great career path.”
But the company has had to push back against the mentality that a four-year college education is the best path for every student, Todd says.
“They don’t have to have a college education, but they have to enjoy working outside. They need to be mechanically inclined for a number of the jobs. They need to understand teamwork and critical thought processes,” she says. About 75% of the co-op’s 100 employees are technicians working in the field.
The company turns to Southside Virginia Community College’s line worker program to find students who have gained some of the skills the co-op needs.
Job applicants undergo a rigorous interviewing process that assesses not only their skills but their cultural fit with the company. “We want the applicant to know us as well as we get to know the applicant. We put time in up front because when both of us make the decision, it’s pretty much a lifetime decision. Taking the time up front pays dividends on the back end.”
Once onboard, employees find that communication and flexibility are vital parts of the company’s culture, according to Todd. “We look at all the ways we can disseminate the same information in different ways. Face-to-face contacts are vital. You have to make the time to sit down and be present.”
Employees especially appreciate the work-life balance. The co-op offers floating holidays and personal time off in addition to vacation and sick leave. “The extra days provide time to be involved with their families and communities,” Todd says.
In addition, “we require a lot of folks to be on call. We’re pretty flexible when they need time off. We encourage folks to volunteer in the community and to be involved with their kids. If we’re going to encourage that, we can’t demand that they work an 8-to-5 schedule.”
And that’s because “the flip side is, there’s going to be times when we take them away from their families. There are going to be emergencies,” such as hurricanes and snowstorms.
And when that happens, “you will find our CEO and all our senior staff out in the field working with everyone else. They’re taking meals to them, into the field, so they can get the lights back on,” she says. When it comes to hiring and keeping good workers, “it’s those little things that they appreciate most.”
This article has been updated from the version that appeared in the February 2020 issue of Virginia Business.
Click here to see photos from the 2020 Virginia Business Best Places to Work awards luncheon.
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