For the
Record
March 2000This report is compiled from company releases, business journals
and newspapers from around the state. If you have an item for these listings,
mail it to:
Holly M. Rodriguez
Virginia Business Magazine
P.O. Box 85333
Richmond, Va. 23293
or e-mail it to ForTheRecord@va-business.com,
or fax it to (804) 649-6311.
Mergers & Acquisitions
Eason, Lawson, & Westphal, a Hampton-based law firm
and Goodman & Company L.L.P., a Norfolk-based accounting, consulting and
technology services firm, have merged to combine legal and financial services for existing
customers. (Company press release, 1/11/00)
Panagren Technologies Inc., a Reston-based marketing automation
software company, was acquired by Siebel Systems Inc., a San Mateo, Calif.-based software
company. (Business Wire, 1/18/00)
NetFilter Technologies, a Falls Church-based Internet filtering
company, was acquired by Houston, TX-based iExalt.com Inc., an Internet provider of
Christian products and services. (Business Wire, 1/20/00)
America Online, a Dulles-based Internet service
and information provider, plans to acquire New York-based Time Warner Inc., the world's
largest media and cable company, for $178 billion. (Company Press Release)
Field Group plc, an international packaging subsidiary of Richmond-based Chesapeake
Corp., plans to acquire the folding carton division of SCA Packaging. (Business
Wire, 1/19/00)
Equitable Resources, an integrated energy company, plans to acquire
Appalachian properties from Statoil Energy, an Alexandria-based natural gas,
electricity and alternate fuels company for $630 million. (PR Newswire, 1/3/00)
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Deals
Infrastructure Defense Inc., an Alexandria-based risk management
consulting company and Internet Security Systems, a provider of security management
services, have formed a partnership to combine services for their customers. (PR
Newswire 1/21/00)
Dan River Inc., a Danville-based textile company, and Grupo
Industrial Zaga of Mexico City, Mexico, have partnered to construct the DanZa Textil S. de
R.L. de C.V. weaving plant in Mexico. (Company press release, 1/12/00)
America Online, a Dulles-based Internet service provider, and
Public Broadcasting Service formed an alliance to expand the companies’ audiences.
AOL will receive on-air branding on PBS programs and PBS will become a premier content
partner across several AOL brands. (Company press release, 1/10/00)
CarMax, a subsidiary of Richmond-based Circuit City Stores Inc., has entered into a
partnership with carOrder.com, an Internet automotive dealer, to offer information about
vehicles online. (Company press release, 1/10/00)
Simplexity.com, an Internet
marketplace for telecommunications services, has formed an alliance with BestBuy.com Inc.,
a subsidiary of Best Buy Co. Inc., to offer a broad range of telecommunications services
online. (Company press release, 1/16/00).
America Online Inc., a Dulles-based Internet service provider,
has formed agreements with Compaq Computer Company and Casio Computer Company that allow
AOL members to access e-mail through palm-sized personal computers. (Company release,
1/5/00)
Network Solutions Inc., a Herndon-based register of domain names
and MindSpring Biz, a division of MindSpring Enterprises Inc., an Internet services
provider, have formed a partnership to offer international domain name services to
customers. (Company release, 1/5/00)
ICQ, a communications company and a division of America Online, formed an
alliance with Varsitybooks.com, an online retailer for college students, to provide goods
and services to college students. (Company release, 1/6/00)
Comtex News Network, an Alexandria-based news network, has
formed a partnership with Strategy.com, a division of MicroStrategy, to provide financial,
headline and local news to Strategy.com subscribers. (Company release, 1/6/00)
Online Resources & Communications Corp., a McLean-based
Internet banking company, and Engineering Enterprises, Inc., a New York-based financial
company, have agreed to integrate Internet banking and bill payment services with
brokerage services to allow customers more flexibility with online financial services. (Company
release, 1/4/00)
Talk.com, a Reston-based telecommunications company, has formed
an alliance with First USA Bank to offer Talk.com telecommunications services to card
members at First USA through online and direct mail promotions. (PR Newswire, 1/4/00)
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New Plants
and Companies
UPSHOT Direct, a Chicago-based direct marketing company, plans
to open its headquarters in Henrico County. The facility will bring 30 new jobs to the
community over the next few months and more than 60 more new jobs over the next two years.
(Company press release, 1/26/00)
TFC Eterprises Inc., a Norfolk-based company that conducts
operations for three subsidiaries - THE Finance Company, First Community Finance Inc. and
Recoveries Inc. - plans to move its Bulk Service Center from Jacksonville, Fla. to
Norfolk.
Dominion Resources Inc., Virginia’s largest electric utility
based in Richmond, plans to build a $97.5 million power plant in Caroline County.
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Expansions
Highlands Union Bank, based in Abingdon, opened a new
facility in Abingdon, which will exclusively focus on financial services. (Company
press release, 1/13/00)
Cysive, a Reston-based provider of customized Internet business
solutions, has opened an office in Dallas, TX. (PR Newswire, 1/21/00)
Dollar Tree Stores Inc., a Chesapeake-based discount variety
store chain, plans to invest $35 million to build a distribution center in Savannah, Ga. (Company
press release, 1/10/00)
Virginia Department for Rights of Virginians with Disabilities has
opened an office in Virginia Beach. (1/3/00, Richmond Times-Dispatch)
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Cutbacks
& Closings
Group III Communications, a Norfolk-based advertising
and public relations firm, closed on Wednesday after 16 years. (The Virginian-Pilot,
1/6/00)
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Divestitures
No reports received
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Stocks
No reports received
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Directors
S. Brian Farmer, John C. Ivins Jr., Michael H. Terry, James
W. Theobald, James L. Weinberg and Charles F. Witthoefft, Richmond-based law
firm of Hirschler, Fleisher, Weinberg, Cox & Allen. (Company press release, 2/1/00)
Carol T. Crawford and Melvin O.
Wright, Smithfield Foods.
John F. Burton, Saga Systems Inc. (Business Wire,
1/19/00)
Michael Lynton, America Online Inc. (Company
release, 1/5/00)
Ervin Shames, Online Resources & Communications Corp., an
Internet financial services company. (Company release, 1/6/00)
Kay Coles James, Amerigroup Corp., a Vienna-based
health care insurance company. (Company release, 11/26/99)
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Executive
Promotions
Mark Edman, vice president, Airport Branch, Highlands Union Bank
in Abingdon. (Company press release, 12/10/99)
Greg Hannahs, vice president, manufacturing, Worth Higgins &
Associates Inc. of Richmond. (Company press release, 2/1/00)
L. Holmes Ginn and Andrew T. Wiley, senior vice president, BB&T Capital
Markets Fixed Income Group, a division of Scott and Stringfellow Inc., a Richmond-based
financial services firm. (Company press release, 1/6/00)
J. William Ferrell IV, vice president, BB&T Capital Markets Fixed Income Group.
(Company press release, 1/6/00)
Cecil G. Doyle, president and CEO, Roanoke-based Hayes, Seay,
Mattern & Mattern Inc., an architecture, engineering and planning design firm. (Company
press release, 1/21/00)
Mary Fox, senior vice president, LeClair Ryan Oakey, a
Roanoke-based legal firm. (Richmond Times-Dispatch, 1/24/00)
Wayne Wells, corporate vice president, strategic development,
Performance Food Group, a distributor of food and food-related products. Richmond
Times-Dispatch, 1/24/00)
Frank Dowling, executive vice president, The Broaster’s Co. Food division. (Richmond
Times-Dispatch, 1/24/00)
Theodore L. Chandler Jr., LandAmerica Financial Group Inc, a Richmond-based holding
company. (Richmond Times-Dispatch, 1/24/00)
Larry P. Castellani, CEO, Advanced Auto Parts, a Roanoke-based auto equipment
supplier. (Company press release, 1/24/00)
Dan Saginario, CEO, ioWave Inc., a provider of
wireless products based in Arlington. (Company press release, 1/21/00)
Martin Hannes, president, Road Runner International, a subsidiary
of Road Runner, a Herndon-based cable and online service company. (Company Press
Release 1/18/00)
Terry White, COO and vice president, Hardy Building Corp., a
Virginia Beach-based general contractor. (Company Press Release 1/18/00)
Wolfgang Tolle, vice president, operations, Cyveillance, an Arlington-based
Internet marketing management company. (Company Press Release 1/9/00)
George Bickerstaff, CFO, Workscape Inc., an Internet human
resources solutions company based in Reston. (Business Wire, 1/21/00)
Mark Nasser, Vice President and CFO, Computer Learning Centers,
a computer-related education and training company based in Fairfax. (Business Wire,
1/18/00)
William D. Johnston, CFO, Sabot Publishing Inc., a
publishing company based in Glen Allen. (Richmond Times-Dispatch, 1/10/00)
W. Carl Hooper, vice president of sales, Richmond-based
Chasen’s Business Interiors. (Richmond Times-Dispatch, 1/10/00)
Scott Walker, vice president of operations, iXL, an Internet services
company based in Richmond. (Richmond Times-Dispatch, 1/10/00)
Jeff Segal, vice president of technology, iXL. (Richmond Times-Dispatch,
1/10/00)
Barbara Little, vice president of government relations, Ethyl Corp., a
Richmond-based fuel and lubricant developer and manufacturer. (Richmond Times-Dispatch,
1/10/00)
William B. Littreal, vice president of operations, Tappahannock-based Southside
Bank. (Richmond Times-Dispatch, 1/10/00)
Thomas Cocoran, senior vice president, human resources United Dominion
Realty Trust, a Richmond-based real estate firm. (Richmond Times-Dispatch, 1/10/00
Patrick Gregory, senior vice president, information services, United Dominion
Realty Trust. (Richmond Times-Dispatch, 1/10/00)
Charles C. Colpo, senior vice president, operations, Owens & Minor, a
Richmond-based surgical and medical supply company. (Richmond Times-Dispatch, 1/10/00)
Timothy J. Callahan, senior vice president, distribution, Owens & Minor.
(Richmond Times-Dispatch, 1/10/00)
Michael J. Holtz Sr., vice president, supplier relations, Owens & Minor.
(Richmond Times-Dispatch, 1/10/00)
Ken Russell, vice president, contracts, pricing and rebates, Owens &
Minor. (Richmond Times-Dispatch, 1/10/00)
Joseph J. Trafficanti, vice president, associate general counsel and assistant
corporate secretary, Owens & Minor. (Richmond Times-Dispatch, 1/10/00)
Bernard Niemeier, vice president, planning and research, Media General, a
Richmond-based communications company. (Company press release, 12/6/99)
Dale Lachniet, vice president and controller, Media General. (Company
press release, 12/6/99)
Nancy Gofus, vice president, Nextlink Communications Inc., a McLean-based
telecommunications company. (Company press release, 1/7/00)
Stephanie Chaufournier, senior vice president, product management, Online
Resources & Communications Corp., a McLean-based Internet financial services
company. (Company press release, 1/10/00)
Jovian Ho, senior vice president, information systems and technology, Online
Resources & Communications Corp. (Company press release, 1/10/00)
James M. Wells III, CEO, Crestar Bank, a Richmond-based bank. (Company
press release, 1/10/00)
Philip Jacobsen, executive vice president, business strategy and development, Syconet.com
Inc., a Manassas-based distributor of Japanese animated videos and DVD’s. (Company
press release, 1/10/00)
Mark Stuart, CEO, ChannelSpace Entertainment Inc., a Chesapeake-based
computer programming company. (Company press release, 1/17/00)
Nicholas Fioravante, vice president, engineering consulting services, Consolidated
Engineering Services Inc., a building technology firm. (Company press release,
1/17/00)
Mark Ferrer, COO, Vastera, a provider of eBusiness
solutions for global trade. (Company press release, 1/6/00
Bill Puckett, senior vice president, E. James White Co., an
advertising firm in Dulles. (Company release, 11/24/99)
Malinda Pickett, vice president, Highlands
Union Bank, an Abingdon-based bank. (Company release, 11/30/99)
Robert S. Fouts, president, Fouts & Sons
Advertising/Promotion, an advertising firm in Richmond. (1/3/00, Richmond
Times-Dispatch)
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Contracts
Advanced Communication Systems Inc., Fairfax; $3.4 million from the
Naval Research Laboratory to provide scientific and technical support for research,
development, test and evaluation of advanced imaging systems. (PR Newswire, 1/20/00)
Maximus, McLean: $7.2 million from the Utah Department of
Administrative Services to develop an Internet-based Medicaid Managed Care System. (Company
press release, 1/10/00)
Tidewater Construction Co., Norfolk: $39 million from the Naval
Facilities Engineering Command, Atlantic Division, for the breakdown of piers 21 and 22
and the construction of a new pier 21 at a different location. (Company release,
1/5/00)
J.C. Driskill Inc., Virginia Beach: $10.8 million from the Naval
Facilities Engineering Command, Atlantic Division, for pier electrical upgrades at Naval
Station Norfolk. (Company release, 1/5/00)
Manoj K. Shah Inc., Newport News: $983 million from the Naval
Facilities Engineering Command, Atlantic Division, for repairs and improvements to the
Armed Forces Reserve Training Center in Lynchburg. (Company release, 1/5/00)
Allied Research Corp., Vienna: $36 million from U.S. Foreign
Military Sales for tank training ammunition to be used in a U. S. Army qualification
program. (Company release, 1/4/00)
Qwest Communications, Arlington: $50 million, from U.S.
Department of Energy for its Energy Sciences Network. (PR Newswire, 1/4/00)
Unisys Corp., McLean: part of $140 million from the U. S. Air Force for local and
wide area networking products. (1/3/00, faxed from Unysis)
W.M. Jordan Co., Richmond: $8 million from Virginia Commonwealth University for
renovations to Sanger Hall on its medical campus. (Company release, 12/28/99)
Pragmatics, Inc ., McLean: $574,500 from the Department of
Justice for professional, administrative and management support services. (press release,
11/22/99)
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Real
estate
No reports received
BACK TO TOP
This report is compiled from company releases, business journals and newspapers
from around the state. If you have an item for these listings, mail it to Holly M.
Rodriguez at Virginia Business, P.O. Box 85333, Richmond, Va. 23293, fax it to (804)
649-6311, or e-mail it to ForTheRecord@va-business.com.
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