Industries

Hampton Roads—For the Record

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Amerigroup Corp., a Virginia Beach provider of managed health-care solutions for government programs, settled a Medicaid fraud suit in Chicago by agreeing to

pay the federal government and the state of Illinois $225 million. The company also agreed to pay $9 million in legal fees but under the agreement admitted

to no wrongdoing. (The Virginian-Pilot)

Armada Hoffler, a Virginia Beach-based developer, will build a 15-story, 200,000-square-foot Class A office building in downtown Richmond as the new

headquarters for the law firm Williams Mullen. The firm has signed on for 150,000 square feet when the $60 million structure opens in 2010. (The

Virginian-Pilot)

CAE, a modeling, simulation and training company headquartered in Montreal, will open an office in Suffolk. CAE, which has 75 offices in 20 countries, was

drawn by the concentration of defense agencies in the area. Its field office will be located in the Virginia Modeling, Analysis and Simulation Center. (The

Virginian-Pilot)

The Daily Press, a daily newspaper owned by the Tribune Co. and based in Newport News, reduced staff by 13 positions through a combination of attrition and

layoffs. Most of the positions affected the newsroom operation. Several vacant positions were eliminated. (Daily Press)

Landmark Communications Inc., a Norfolk communications company, sold News Channel 5, its Nashville, Tenn., television station, to Bonten Media Group Inc. of

New York for a reported $209 million. Landmark has been selling off company assets, including The Weather Channel, which was sold to a group led by NBC

Universal for $3.5 billion. (The Virginian-Pilot)


Norfolk ship repair companies Marine Hydraulics International Inc. and Tecnico Corp. merged their employee stock ownership plans to form American Maritime

Holdings Inc. Both operations will maintain separate identities. Marine Hydraulics has two waterfront repair facilities, while Tecnico travels to where the

ships are. The move was made to provide a secure investment for the combined 550 employees. (The Virginian-Pilot)

A federal court ruled that Narricot Industries, a manufacturer of vinyl webbing products, does not have to negotiate with a carpenters union at its

Southampton County facility, despite the court’s finding that the company had engaged in unfair labor practices. Over half of the employees asked the company

to remove Local 2316 of the International Carpenters and Joiners Union in September 2007. The union claimed coercion by Narricot, a charge upheld by an

administrative law judge. However, the federal court found the push from employees to remove the union was separate from company’s own efforts, which the

court affirmed as unfair labor practices. ?(The Virginian-Pilot)

Norfolk Southern Inc. is negotiating a deal with Volkswagen to carry shipments of cars from?a planned assembly operation to be built on a 1,350-acre site

near Chattanooga, Tenn. Norfolk Southern’s rail lines run past the site. The Norfolk-based rail service provider already serves 28 auto production plants.

Rail lines belonging to Jacksonville, Fla., rival CSX also connect to the site, so it’s not clear yet how much of Volkswagen’s traffic Norfolk Southern will

secure. (The Virginian-Pilot)


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