Regions Central Virginia

For the Record:  Central Virginia - May 2010

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Albemarle County approved rezoning for expansion of the University of Virginia Research Park. The project will add 30 acres and 700,000 square feet of development in the park. (Daily Progress)

Big River, a Richmond-based advertising firm, won a three-year, $24 million contract from the Virginia Lottery for its marketing and advertising needs. Big River hired Lewis Media of Richmond to handle media planning and buying. (Richmond Times-Dispatch)

Dominion Resources Inc., a Richmond energy company, sold the last of its oil and gas exploration and production ventures to Consol Energy Inc. of Canonsburg, Pa., for $3.5 billion. (Richmond Times-Dispatch)

Kenco Logistic Services, a Chattanooga, Tenn.-based warehouse and logistics management firm, will invest $1.6 million to expand its Chesterfield County warehouse operations. The move will create 25 to 30 jobs. (Richmond Times-Dispatch)

Marsh & McLennan Agency LLC, a New York insurance brokerage, bought Thomas Rutherfoord Inc. of Richmond. Rutherfoord, which has annual revenue of $81 million, will operate under its own name, and senior management will remain with the firm. (Richmond Times-Dispatch)

PBM Holdings Inc., a Gordonsville-based producer of store-brand infant formulas and baby foods, agreed to be bought by Perrigo Co. of Allegan, Mich., for $808 million. No decision has been made about headquarters integration. PBM employs 500 workers, including 140 in Gordonsville. It has production facilities in Vermont and Ohio. (Richmond Times-Dispatch)

Richmond Semiconductor LLC received permission from a bankruptcy court to buy the former Qimonda chip plant in Henrico County for $12 million. Plans for the 210-acre site are uncertain. Richmond Semiconductor’s parent company is a Kansas-based provider of data center and IT services. (Richmond Times-Dispatch)


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