January 2003

This report is compiled from company releases, business journals and newspapers from around the state. If you have an item for these listings please:

mail it to:
For the Record
Virginia Business Magazine
P.O. Box 85333
Richmond, VA 23293

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Covington International Travel, a Glen Allen-based travel management company, acquired the assets of TravelMates, a Newport News-based travel agency. (Press release)

Limbic Systems, a provider of IT and software development services based in Arlington, completed a merger with Washington, D.C.-based Persuasive Technologies, a provider of consulting and software development services to local, state and national political organizations. (PR Newswire)

Property Title Insurance Corp., a subsidiary of Richmond-based LandAmerica, a provider of real estate transaction services, acquired Apex Title Insurance Corp. of Puerto Rico, further increasing its presence in the Caribbean basin. (Press release)

RSM McGladrey of Minneapolis, a national business consulting, accounting and tax firm, bought the tax and consulting business of Cheely Burcham Eddins Rokenbrod & Carroll, a Richmond-based full-service accounting and consulting firm. McGladrey & Pullen, a national CPA firm, bought the auditing and accounting business. Terms of the deals were not disclosed. (Richmond Times-Dispatch)

Smithfield Foods Inc. of Smithfield, a hog farmer and pork producer, purchased Vall Inc., a Texhoma, Okla., hog producer owned by Vall Companys Grup of Spain for $60.7 million in cash. (HamptonRoads.com)

Circuit City of Richmond, a retailer of electronic goods, plans to be the exclusive retailer of Sharp Systems of America’s award winning Actius notebook computers. (PR Newswire)

Danville Regional Medical Center and Gamewood Data Systems, an IT provider based in Danville, partnered with Danville City Council to provide cable for high-speed Internet connection to the hospital, allowing the cardiology department to share real-time information with Duke University Medical Center. (Danville Register&Bee.com)

Deck America Inc., a home improvement specialist headquartered in Woodridge, entered into an agreement with The Home Depot to provide several pre-designed deck models under the Home Depot “At Home Services” brand to approximately 70 stores. (PR Newswire)

Emergence Inc. of Richmond, a marketing firm, plans to work with Bullets Corp. of America, a Richmond-based burger and fast-food chain, to review and update its brand. (Richmond Times-Dispatch)

IntelliSafe Technologies, a technology solutions firm based in Chesapeake, and ASG, a partnering company based in Naples, Fla., announced a strategic partnership to deliver the industry’s first comprehensive solution for Web-based document management through the Intellisafe Vault. (Business Wire)

Planet Central, an ad firm with offices in Richmond, was named agency of record for Tilson Home Corp., a construction company based in Houston. (Richmond Times-Dispatch)

The King Agency, a Richmond-based marketing firm, was chosen by General Motors Advanced Technology Center to work on brand development and strategic marketing planning. (Richmond Times-Dispatch)

Savvis Communications Corp., a Herndon-based Web hosting services and network services provider, plans to take over the operations of four data centers managed by California-based Intel Online Services Inc., which is leaving the hosting business next year. The centers are in Chantilly; Santa Clara, Calif.; London; and Tokyo. (The Washington Post)

webMethods of Fairfax, a software provider, cut a deal with Mitsubishi Electric’s semiconductor business in which Mitsubishi, an electrical and electronic equipment provider of Cypress, Calif., will use the firm’s software to connect to trading partners around the world and integrate its internal design and supply chain. (Potomac Tech Journal)

Xybernaut Corp. of Fairfax, a computer firm, announced a joint marketing deal with Xora Inc., a Mountain View, Calif.-based provider of wireless, audio and Web products. (Potomac Tech Journal)

American Plastics Inc. of Franklin, a manufacturer of plastic storage and organizational containers, plans to locate a new manufacturing facility in Greensville County through a $5.3 million investment, creating 135 jobs and preserving 20 existing jobs. Virginia competed with Tennessee and North Carolina for the project. (Press release)

China Telecom, a China-based telecommunications firm, plans to open an office in Herndon and use the site as its base to add customers in Los Angeles, San Francisco, New York and Washington, D.C. (Potomac Tech Journal)

IBM Corp. of New York plans to open a computer science lab in Vienna to bring together government and business technologists. (Potomac Tech Journal)

Interstate Hotels & Resorts, an independent hotel management company, and its sister company, MeriStar Hospitality Corp., a hotel real estate investment trust, plan to relocate their headquarters from Washington, D.C., to Arlington, through a $13.7 million investment, bringing about 270 jobs to the state. Virginia competed with Washington, D.C., for the investment. (Press release)

JSB Properties Inc., a developer based in Cincinnati, Ohio, plans to build an $8 million 92-room Hilton Garden Inn in Hampton Roads. (HamptonRoads.com)

Noland Co. of Newport News, a distributor of construction and manufacturing mechanical equipment and supplies, plans to locate a 200,000-square-foot distribution facility in Prince George County’s Industrial Park, creating 40 jobs through an $8.5 million investment. Virginia competed with North Carolina for the project. (Press release)

R.W. Murray Co., a general contractor, plans to build a $5 million, 35,000-square-foot building on Balls Ford Road and establish its headquarters in Prince William County. (Press release)

SafeCard ID Inc., an Israel-based manufacturer of secure photo ID cards, plans to invest $10 million to establish its headquarters in Virginia Beach, creating 55 jobs. Virginia competed with Colorado, Maryland, New York, the United Kingdom and Israel for the project. (Press release)

James D. Reeve, CEO, Chapel Valley Landscape Co. in Dulles. He is currently the vice president of the company. (Press release)

Jeffrey Keenan, president, The United Co. in Bristol. (Press release)

Joe A. Shearin, president and CEO, Eastern Virginia Bankshares in Tappahannock. He previously held positions of president, COO and CEO of Southside Bank, a subsidiary of Eastern Virginia Bankshares. (Press release)

Lorna Donatone, president, Spirit Cruises in Norfolk. She previously held the position of CFO. (Press release)

Donald J. Guter, CEO and Executive Director of the Navy Marine Coast Guard Residence Foundation, Vinson Hall Corp. in McLean. (Press release)

Rhett S. Williams, CEO and director, Via Net.Works Inc. in Reston. (PR Newswire)

Tyna L. Gaylor, COO, Vinson Hall Corp. in McLean. She previously held dual roles as controller and assistant treasurer of VHC’s parent company, Navy Marine Coast Guard Residence Foundation. (Press release)

BearingPoint Inc., formerly KPMG Consulting Inc., McLean: contract to provide development, training, testing and post-delivery support to the Department of Defense’s Biometric Working Group, Biometrics Management Office and Biometrics Fusion Center. (PR Newswire)

CACI International, Arlington: $51.9 million for one year and an option of an additional four years from the U.S. Army National Guard to help train National Guard soldiers through distance learning. (Potomac Tech Journal)

Calibre, Alexandria: $7.4 over five years to provide analysis and management support to Army Reserve operations, training and force management programs. (Press release)

DynCorp, Reston: $31 million from the Defense Threat Reduction Agency to assist governments in the former Soviet Union, Eastern European and Baltic countries in developing programs that increase border security, and detect, interdict and investigate trafficking incidents involving weapons of mass destruction materials. (Press release)

Focus Technologies Inc., Herndon: $2.1 million over five years with the Food and Drug Administration to help the organization develop a proactive and comprehensive assessment of antimicrobial resistance. (PR Newswire)

General Dynamics Electric Boat, a division of General Dynamics of Falls Church: $8.1 million modification from the U.S. Navy to manage and support nuclear-maintenance work for submarines homeported at Submarine Base – New London. (PR Newswire); also, $56.9 million modification from the U.S. Navy to provide nuclear-submarine work for the Trident program and others. (PR Newswire)

General Dynamics Land Systems, a division of General Dynamics of Falls Church: $141 million contract modification from the U.S. Army to provide 100 M1A1 hardware kits for the Egyptian tank co-production program. (PR Newswire)

Keya Consulting, Reston: $4.8 million for two five-year contracts with the Department of Defense United Army Medical Research Acquisition Activity to provide information management support services. (Press release)

Maximus, Reston: $59.7 million from the New York State Department of Health to continue to operate the New York Medicaid Choice project. (Business Wire)

McNeil Technologies Inc., Springfield: $7.9 million over one year with a second year option valued at $15.8 million from the Transportation Security Administration to provide airport passenger and baggage screeners. (Press release)

Norshipco, Norfolk: $10 million from the Supervisor of Shipbuilding and Repair for two fixed-price repair packages on the U.S. Navy’s aircraft carrier, USS Kennedy (CV 66). (PR Newswire)

Orbital Sciences Corp., Dulles: $73 million to make a satellite for Indonesia’s state-owned telecommunications firm. (Potomac Tech Journal)

Primagraphics, Charlottesville: $4.4 million from Alenia Marconi Systems to supply radar input and scan converter systems. (Business Wire)

Radian Inc., Alexandria: $39.7 million from the U.S. Air Force for production of the Deployable Power Generation and Distribution System to be delivered within the next year. (PR Newswire)

Raytheon Co., Reston: $74 million over one year from the U.S. Army to provide life cycle contractor support for tactical engagement, instrumentation and range training devices and systems for the Live Training Program. (PR Newswire)

Sentel Corp., Alexandria: $9 million from the U.S. Air Force to support the operation and upgrade of local and worldwide military network systems and to secure communications capability for combatant commanders by providing IT services to the U.S. Air Force Air Warfare Center, 53rd Wing, at Eglin Air Force Base in Florida. (Press release)

SI International, McLean: $2.7 million with a one-year base period and four additional one-year options from the General Services Administration to provide technical support to the Headquarters Air Force Space Command Directorate of Requirements. (Press release); and $6.6 million over three and a half years from the General Services Administration Federal Systems Integration and Management Center to assist the Air Force Space Command Space and Missile System Center’s System Sustainment Manager for the Satellite and Launch Control Systems by providing IT management, engineering, technical and administrative services. (PR Newswire)

SRA International Inc., Fairfax: $20 million over 30 months from the General Services Administration Federal Systems Integration and Management Center to provide information architecture and engineering support to help establish an enterprise information management system for the U.S. Department of Defense Missile Defense Agency. (Press release); and $2 million from the U.S. Food and Drug Administration to provide IT requirements and analysis services. (Potomac Tech Journal)

Veridian Corp., Arlington: $10.8 million with SecureInfo Corp. of Texas from the U.S. General Services Administration to support the Federal Computer Incident Response Center to develop and maintain a Web-based capability for authentication, validation, notification and dissemination of software patches used by the federal government. (Business Wire)

Versar Inc., Springfield: $4.3 million over five years for peer review services for the U.S. Environmental Protection Agency’s Office of Science and Technology within the Office of Water by supporting the EPA’s effort to enhance the scientific foundation of its regulatory, policy, and research decisions. (PR Newswire)

Vrendenburg, Reston: $15 million for multiple contracts to provide Federal and state organizations with document and content management, Freedom of Information Act and declassification solutions based on its HighView platform. (Press release)

VSE Corp., Alexandria: cost plus fixed fee, indefinite delivery, indefinite quantity contract of $30.7 million during the base year, and up to $160.5 million over five years if all option periods are exercised from the Fleet Industrial Supply Center Philadelphia to support the Naval Sea Systems Command Shipbuilding Support Office by providing engineering and technical support services. (PR Newswire)

Bank of America Corp., a Charlotte, N.C.-based bank, plans to cut 42 jobs in its technology and operations department in Richmond as a result of the sluggish economy and an effort to control expenses. (Richmond Times-Dispatch)

Cable & Wireless Global of Britain, with U.S. regional headquarters in Vienna, plans to lay off 2,400 people, 62 percent of its U.S.-based staff, over the next year. (The Washington Post)

Cadmus Communication Corp., a printing and content-management company headquartered in Richmond, closed a specialty-magazine printing and reprint plant in East Stroudsburg, Pa., eliminating 200 jobs as a result of the prolonged downturn in advertising spending. (Richmond Times-Dispatch)

Inside Business, a weekly business journal owned by Norfolk-based Landmark Communications Inc., a media conglomerate, has discontinued its Richmond edition. The Hampton Roads edition will continue to be published. (Richmond Times-Dispatch)

Journal Newspapers Inc., a publisher based in Alexandria, plans to close its Maryland offices in Rockville and Lanham due to the sluggish economy. (The Washington Post)

Lafarge North America Inc. of Herndon, a producer of cement and concrete, plans to stop manufacturing operations at its gypsum drywall plant in Wilmington, Del. (PR Newswire)

VF Playwear of Danville, a manufacturer of Healthtex children’s playwear, plans to lay off 230 employees at its North Main Street facility in an effort to lower manufacturing costs due to the downturn in the economy. (Danville Register & Bee)

Virginia Commonwealth University Health System plans to eliminate 240 positions as a cost-cutting measure. (Richmond Times-Dispatch)

Shenandoah Communications Co., a provider of a broad range of telecommunications services based in Edinburg, plans to sell Shentel’s 66 percent general partner interest in the Virginia 10 RSA Limited Partnership currently held by Shenandoah Mobile Co., to Verizon Wireless. (PR Newswire)

SRA International Inc., a Fairfax-based provider of information technology services and solutions to U.S. federal government organizations, and iLumin Software Services Inc. of Reston, a provider of compliance and risk management software products and services, announced the sale of the Assentor Solutions division by SRA to iLumin. (Press release)

Cramer Systems of Vienna, a telecommunications and software firm, plans to add an office staffed by six to 10 employees in Toronto, Ontario, in order to expand its reach in Canada. (Potomac Tech Journal)

Creative Playthings of Framingham, Mass., a manufacturer of high-quality wooden playsets and backyard gyms, plans to expand its operations in Emporia through a $2.7 million investment in a 100,000-square-foot facility, saving 160 existing jobs and creating 30 jobs. Virginia competed with North Carolina, Pennsylvania and Massachusetts for the project. (Press release)

Delta Airlines, an airline based in Atlanta, will offer three flights a day to and from Orlando, Fla., from Richmond International Airport beginning Feb. 1. (Richmond Times-Dispatch)

Goodyear, a tire maker headquartered in Ohio, recalled nearly 300 laid-off employees to its Danville plant to meet an increased demand for medium radial truck tires. (Danville Register & Bee)

Klockner Pentaplast of America, a Gordonsville-based plastics manufacturer, plans to expand with a $34 million investment creating 108 jobs. (Richmond Times-Dispatch)

Norcraft Cos., a cabinetmaker of Eagan, Minn., plans to invest more than $1 million to retool the Lynchburg Starmark plant increasing employment by 250 workers. (The News & Advance)

Portfolio Recovery Associates Inc. of Norfolk, a national buyer of distressed debt, plans to invest $2 million to open a second Hampton Roads call center, employing 250 workers over the next three years. (Daily Press)

Resource International Ltd., an Ashland-based consulting and engineering firm, opened an office in Charles Town, W.Va. (Press release)

Sherwood Brands of Rockville, Md., a major food processor, plans to expand its candy confection operation in Mecklenburg County through a $2.7 million investment creating 275 jobs. Virginia competed with Massachusetts for the project. (Richmond Times-Dispatch)

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