Industries

For the Record -  Hampton Roads

  •  | 
Print this page

Amerigroup Corp. has called off a deal to purchase the New Jersey Medicaid subsidiary of Centene Corp. of St. Louis. Centene filed suit against Amerigroup, charging breach of contract and interference with an agreement between Centene and Amerigroup’s New Jersey subsidiary. (The Virginian-Pilot)

Becker-solutions Corp., a Herdorf, Germany manufacturer of precision parts for the automotive and agricultural industries, opened its first U.S. facility, a distribution and sales office in Chesapeake. (News release)

Cox Auto Trader Inc., a unit of Cox Enterprises Inc. of Atlanta, will close its Norfolk office, with the loss of 153 jobs, and cease publication of two automotive classified publications. The moves are part of an effort by Cox to shift its emphasis to online media. (The Virginian-Pilot)

Northrop Grumman Newport News received a $373.5 million contract to begin work on the Navy’s second aircraft carrier in the Gerald R. Ford class. Work will commence on engineering and design, testing and purchase of materials. Construction is expected to begin in 2012. The company will deliver the Gerald R. Ford, now under construction, in 2015 under a $5.1 billion award. (The Virginian-Pilot)

Virginia Beach bought a 10.6-mile right of way from Norfolk Southern Corp. for $10 million as the likely route for a future light-rail project. The old railroad right of way runs through the middle of the city and is considered valuable even if the city does not pursue light rail. Voters rejected a 1999 referendum on light rail; but City Council has not decided whether to put the issue to another referendum. (The Virginian-Pilot)

Children’s Hospital of The King’s Daughters in Norfolk undertook a number of cost-cutting measures. The hospital laid off 28 workers, announced that 90 positions frozen in 2008 will not be filled and said it will close its child-care center, which employs 27. (Daily Press)

Evergreen Shipping Agency (America) Corp., U.S. agent for Evergreen Shipping Agency of Taiwan, will close its logistics center in Virginia Beach. The move is part of a move to downsize, close or consolidate six North American operations. The Virginia Beach office employs 27 people but there was no indication how many workers would be let go. (The Virginian-Pilot)


Reader Comments

comments powered by Disqus


showhide shortcuts