Industries

For the Record - Central Virginia

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CRT/tanaka, a Richmond-based public relations firm, has bought Lewis & Neale, a New York-based marketing and communications agency that focuses on the food industry. Mark Raper, the chief executive of CRT/tanaka, said the deal will boost the firm’s revenue by 20 percent. (Richmond Times-Dispatch)

Cadmus Communications, a Richmond-based periodical printer, plans to close its plant in Easton, Md., in April, eliminating 200 jobs. Cadmus is owned by Cenveo Inc., based in Stamford, Conn. (Richmond Times-Dispatch)

Crossroads Travel Advisors, a Richmond-based travel agency, was one of 27 agencies nationwide to receive Representative Excellence Awards from American Express Travel. The awards recognize the highest year-over-year sales growth in the American Express network. Crossroads Travel Advisors is owned by David Helfrich and Dan Smith. (News release)

DurretteBradshaw PLC, a Richmond law firm, opened an office in Northern Michigan. Katie Horvath, who has 10 years of experience in intellectual property, will head the office. (News release)

Performance Food Group, a Richmond food distributor, outsourced its purchasing business to UniPro Foodservice Inc., of Atlanta. The move led to the loss of 98 jobs at PFG’s procurement unit, Progressive Group Alliance LLC in Henrico County. PFG said its deal with UniPro was undertaken in order to take advantage of more supplier relationships and greater purchasing leverage. (Richmond Times-Dispatch)

Independent Container Line Ltd., a German-owned shipping company based in Richmond, will redirect shipping from the Port of Richmond to Wilmington, N.C., or Chester, Pa. The move will mean the loss of 75 percent of the port’s traffic and as many as 15 of 50 jobs there. ICL is making an effort to expand its business in the Carolinas and Georgia, but expected to remain based in Richmond. (The Virginian-Pilot)

S&K Famous Brands, a Henrico County-based clothing chain, filed for Chapter 11 bankruptcy protection and sought permission to close about 30 or its 136 stores. Weak sales because of the economic recession and the credit crunch prompted the move which the company said was a restructuring, not a move toward liquidation. (Richmond Times-Dispatch)

Union Bank & Trust, a bank based in Bowling Green, has opened its 13th branch in the Richmond area. The bank now has 42 locations in Virginia. (News release)
University of Virginia researchers received a $1 million grant from the National Science Foundation to work on improvements to the privacy and security of RFID chips, which wirelessly send and receive information over short distances, generally 10 feet or less. RFID technology is used in a variety of ways, such as remote car-locking systems, as well as wireless inventory control for merchandise, in place of barcodes. (News release)

Virginia and Great Britain signed a bilateral agreement to work together on climate change issues by seeking opportunities to share research and encourage trade in alternative and renewable energy technologies. Virginia is the fifth state to sign a Climate Change Action Agreement with Great Britain. (News release)


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