Industries

For the Recerd - Central Virginia, February 2011

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Markel Ventures, a subsidiary of Richmond-based specialty insurer Markel Corp., bought a majority interest in RD Holdings LLC of Henrico, a retail intelligence service that advises manufacturers on product pricing and display. (Richmond Times-Dispatch)  

MeadWestvaco Corp., a paper products manufacturer headquartered in Richmond, sold its European Products Group to Cenveo Inc., a Stamford, Conn., graphic communications company. (Business Wire) 

McGuireWoods LLP,  a Richmond law firm, expanded into Texas by acquiring the Houston firm Nickens Keeton Lawless Farrell & Flack LLP.  The Texas office will operate under the McGuireWoods name. (Richmond Times-Dispatch)

PPD Inc., a global drug research and development company, will invest $28 million at its Lab Services Division in Henrico County and hire 190 workers over the next three years. (News release) 

The University of Virginia Medical Center opened its new Transitional Care Hospital in Northridge Medical Park in Charlottesville. The 40-bed facility is intended for patients who need hospital-level care for an extended period, often at least 25 days. (The Daily Progress)

The Virginia Tobacco Commission gave $936,000 for development of a nuclear plant control room simulator at Bedford County’s Center for Advanced Engineering and Research. Nuclear power company Areva donated software for the customizable simulator, which allows other companies to test various configurations of control room designs and setups. (News & Advance)

Wachovia announced plans to hire 220 customer service workers by June at its contact center in Henrico County’s Innsbrook Corporate Center. (Richmond Times-Dispatch)


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