State anticipates fewer COVID vaccine doses due to U.S. shortfall
Federal reserve exhausted; state is ‘scraping and clawing’ for doses
Virginia public health officials said Saturday that the number of COVID-19 vaccine doses sent to the state is likely to decrease — possibly by a significant amount — because the federal government does not have the reserve of doses it had said were being held back for second shots. Dr. Danny Avula, the state’s vaccine
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Wood products manufacturer will create 73 jobs in Russell County
Rambler Wood Products to renovate former Bush Furniture Industries plant
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Rambler Wood Products is investing $7.6 million to establish a wood products manufacturing facility in Saint Paul, creating 73 jobs in the Russell County area, Gov. Ralph Northam announced Friday. “As Virginia’s third-largest private sector industry, forestry supports thousands of quality jobs in our rural communities and contributes $21 million in economic impact each year,”
Laminating company to add 42 jobs in Henry County
Laminate Technologies Inc. to invest $4M in expansion
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Custom laminating company Laminate Technologies Inc. will invest $4 million to expand its Henry County facility in Ridgeway, creating 42 jobs, Gov. Ralph Northam announced Friday. The company’s manufacturing facility, which opened in 2012, is located at 775 Industrial Park Drive, where an automated hardwood plywood press line will be installed to increase its capacity
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Alexandria office building sells for $13.12M; to be converted to condos
Construction expected to begin this year
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An office building in Alexandria that sold for $13.12 million will be converted to condominiums, according to an announcement from Bethesda, Maryland-based commercial real estate firm Finmarc Management Inc. Located at 801 N. Fairfax Street, the vacant four-story, 65,971-square-foot building will be converted to a 54-unit complex. Construction is expected to begin this year, but
Shenandoah County distillery faces environmental violation charges
Filibuster Distillery alleged to have dumped 40K gallons of industrial waste
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Maurertown-based Filibuster Distillery LLC and its co-founder, Sid Dilawri, have been indicted on 115 counts of violating State Water Control laws by allegedly dumping more than 40,000 gallons of industrial waste into a Shenandoah County stream, according to the Virginia Office of the Attorney General. The Shenandoah County distillery, Filibuster Barrels LLC and Dilawri were
Demo work to start this month on Innovation Campus property
Construction slated for first phase of Virginia Tech's Potomac Yard project
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Demolition and infrastructure work is set to start this month at the Potomac Yard property where the $1 billion Virginia Tech Innovation Campus is set to be built, developer JBG Smith announced Thursday. Virginia Tech and Chevy Chase, Maryland-based real estate investment, management and development company JBG Smith, which is overseeing the 20-acre project in
Mohawk Industries to invest $22.5M in Carroll County operation
Expansion to create 35 jobs at Hillsville plant
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Flooring manufacturing giant Mohawk Industries Inc. will invest $22.5 million to expand its Carroll County operation, creating 35 jobs, Gov. Ralph Northam announced Thursday. Mohawk, which currently employs more than 900 Virginians, will add 19,000 square feet to its 351 Floyd Pike facility in Hillsville and install new equipment to increase its production speed. “We
Mass.-based software company acquires Reston care management platform
HealthEdge Software Inc. buys Altruista
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Burlington, Massachusetts-based HealthEdge Software Inc. announced in late December that it has acquired Reston-based Altruista Health Inc. Financial terms of the acquisition were not disclosed. Founded in 2007, Altruista provides its cloud-based enterprise care management platform, GuidingCare, to approximately health care clients representing more than 16 million members. The platform streamlines management workflows. HealthEdge also
Leidos completes $215M acquisition of 1901 Group
Transaction first announced Dec. 10, 2020
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Reston-based Fortune 500 government contractor Leidos Holdings Inc. announced Thursday it has completed its $215 million cash acquisition of Reston-based information technology services company 1901 Group. The transaction was first announced on Dec. 10, 2020. “The addition of 1901 Group allows us to work together and leverage their impressive capabilities across the enterprise,” Leidos Chairman
Estes subsidiary announces new warehousing company
EFW Warehousing to serve as network
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Richmond-based freight forwarding company Estes Forwarding Worldwide (EFW) announced Thursday the establishment of EFW Warehousing LLC as a result of its acquisition of Lewis Logistics, a warehousing, distribution and logistics company. EFW is a wholly-owned subsidiary of Estes Express Lines and provides domestic and international freight forwarding and logistics services. EFW Warehousing will be a
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Richmond Heritage Federal Credit Union names chairman
Antione M. Green named as chairman
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The Richmond Heritage Federal Credit Union announced Friday it elected Antione M. Green as its next chairman on Dec. 29, 2020. Green joined the board in 2018. He is the co-founder of the Patrick Henry School of Science and Arts, where he also served as CEO. He also serves as board president of the Richmond
Commonwealth Cyber Initiative unveils Technical Advisory Board
Members includes industry, academic, government leaders
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The Commonwealth Cyber Initiative (CCI) announced its inaugural Technical Advisory Board. Established in the 2018-2020 state budget, CCI is a state initiative aimed at developing public and private partnerships around developing an ecosystem in Virginia for cybersecurity, autonomous systems and data systems research and development. With a mission of research, innovation and workforce development, CCI’s
Southern National Bancorp names EVP, CFO
Matthew A. Switzer joins Southern National Bancorp of Virginia Inc.
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Southern National Bancorp of Virginia Inc. and its McLean-based Sonabank subsidiary announced Monday that it has hired Matthew A. Switzer as executive vice president and chief financial officer. He succeeds Jeff Karafa, who will now serve as chief accounting officer. Switzer most recently served as managing director with Stephens Inc. “His experience in our industry
Huntington Ingalls biz names nuclear operations VP
Retired Vice Adm. Thomas Moore served 39 years in Navy
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Newport News-based Huntington Ingalls Industries (HII) announced Wednesday it has hired retired U.S. Navy Vice Adm. Thomas Moore as vice president of nuclear operations for its Nuclear and Environmental Services business group. Moore served 39 years in the U.S. Navy, retiring in August 2020 as the commander of Naval Sea Systems Command, where he managed
Opinion
5 ways Va. can put people back to work and transform higher education
Common-sense policy reforms and investments in community colleges will support economic recovery efforts
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It’s tempting these days to believe that once COVID-19 is contained, the U.S. economy will bounce back quickly, replenishing jobs and incomes lost in the pandemic. Yet there are early warning signs that when the labor market fully reopens, some high-demand jobs may be hard to fill even with millions of Americans looking for work.
Let’s make business cool again
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Back in my high school days, I recall longing to be one of the “cool kids.” Guys with names like Matt or Jim. This was a time of jocks and cheerleaders. I wasn’t great at sports, but I liked cheerleaders. I tried following in my older brother’s footsteps by being a yearbook photographer. Maybe I
The Mailroom
A time for unity
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Thanks for inviting me to participate in the 2020 Virginia Business Political Roundtable. It was a very stimulating and thought-provoking discussion. One loud message came through following the Nov. 3 election — America is a nation divided. The results showed that the path forward must address that divide, or we will never achieve the unity
OurView: How did it get so late so soon?
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On the subject of time, the much-beloved children’s book author Dr. Seuss once wrote, “How did it get so late so soon?” With December here, that’s an almost perfect description of 2020. How did it get so late, so soon? Most of the past 8 to 9 months have been characterized by an almost immutable