Packaging company to create 35 new jobs in Powhatan
October 25, 2012 3:34 PM
WEIGHTPACK Inc., a packaging machinery company that designs and builds line for filling and capping liquid product containers, will spend $2.6 million to expand its Powhatan County operation, creating 35 new jobs.
Two companies open new distribution centers in Suffolk
October 25, 2012 1:48 PM
Sumitomo Machinery Corp. of America (SMA) and Nexcom open centers in Suffolk.
Earnings: Altria Group Inc., Richmond
October 25, 2012 1:32 PM
Altria Group Inc. sold more cigarettes at higher prices in the third quarter, but reported a 44 percent drop in profit because of an $874 million loss on extinguishment of debt.
Richmond-based franchisor acquires new company
October 25, 2012 11:17 AM
Outdoor Living Brands has acquired Wood Re New, a franchise currently focused on the environmentally friendly cleaning, staining and protecting of decks, fences and other exterior wood surfaces.
Officials celebrate grand opening of new $25 million orthopedic/sports medicine complex
October 24, 2012 8:30 PM
70,000-square-foot facility is located in Boulders Office Park in Chesterfield County.
North Anna nuclear reactor automatically trips offline, prompting an investigation
October 24, 2012 4:38 PM
Unit 2 was restarted over the weekend, following repairs.
Earnings report: Lumber Liquidators announces 18.8 percent increase in revenue
October 24, 2012 2:09 PM
Lumber Liquidators, a specialty retailer of hardwood flooring, reported an 18.8 percent increase in revenue.
Earnings report: Northrop Grumman Corp. (NOC), third quarter
October 24, 2012 12:53 PM
Defense contractor Northrop Grumman Corp. reported an 11.7 percent drop in third-quarter profits, but beat analysts’ expectations and upped its earnings forecast for the year.
Earnings report: General Dynamics Corp. (GD), third quarter
October 24, 2012 12:50 PM
General Dynamics reported an 8 percent decrease in profits for the third-quarter.
Three restaurants announced for The Shops at Stonefield
October 23, 2012 7:37 PM
Shopping center scheduled to open next month in Charlottesville