Commercial truck, van floor manufacturer to build $12.8M plant in Patrick County
Prolam LLC will create 58 jobs at new facility
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Prolam LLC, a Canadian manufacturer of hardwood floors for commercial trucks and dry van trailers, will invest $12.8 million to establish its first U.S. manufacturing plant at the former Ten Oaks satellite facility in Patrick County, creating 58 jobs, Virginia Gov. Ralph Northam announced Wednesday. The facility will increase Prolam’s manufacturing capacity by 50%, and
Shenandoah Growers taps ex-Starbucks exec as new CEO
Indoor agriculture company also hires new CFO
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Rockingham County-based indoor agriculture company Shenandoah Growers Inc. has appointed former Starbucks Inc. Chief Marketing Officer Matthew Ryan as the company’s new CEO. And Mike Buckley, former senior vice president of business for Postmates, has been hired as Shenandoah Growers’ chief financial officer, the company announced Wednesday. Former Shenandoah Growers CEO Tim Heydon, who stepped
Nestlé Purina PetCare to undertake $182M expansion in King William
Purina is county's largest employer
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St. Louis-based Nestlé Purina PetCare Co. will invest $182 million to expand its pet care products manufacturing facility in King William County, Virginia Gov. Ralph Northam announced Wednesday. The factory expansion, which is scheduled to be completed by late 2023, will include a 138,000-square-foot buildout to increase manufacturing capacity for the company’s Tidy Cat litter
Timber exporter building $1.1M facility in Suffolk
Kristi Corp. will source exports from Virginia loggers
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Kristi Corp. a global supplier of industrial raw materials for aluminum and steel metallurgical industries, will build a $1.1 million log load and fumigation facility in Suffolk, creating 10 jobs, Virginia Gov. Ralph Northam announced Tuesday. The company will source 100% of its exports from Virginia logging companies. Virginia competed with North Carolina and Pennsylvania
F-22 fighter jet training unit will relocate to Joint Base Langley-Eustis
700 personnel and contractors plus 1,600 dependents to move to Hampton Roads
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The U.S. Air Force is relocating the branch’s only advanced training unit for F-22 Raptor fighter jets from Florida to Joint Base Langley-Eustis in Hampton, bringing some 2,300 people to the region, the Air Force confirmed to the Air Force Times newspaper on Wednesday, June 23. “We are thrilled to welcome the F-22 Raptor formal
Virginia Business wins national journalism awards
Publisher Bernie Niemeier wins gold award for commentary
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Virginia Business won two national journalism awards Wednesday during The Alliance of Area Business Publishers’ (AABP) 2021 Editorial Excellence Awards ceremony. Virginia Business Publisher Bernie Niemeier placed gold in the Commentary category for his monthly OurView column. His winning columns included a July 2020 column, “It’s time to speak up,” which exhorted the business community
GO Virginia awards $11.1 million in economic recovery grants
Awards include cybersecurity job training system for defense industry
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The state’s GO Virginia economic development initiative announced Wednesday that it has allocated $11.1 million in grants to advance economic recovery efforts across Virginia, including a $1.45 million award to create a statewide system to support cybersecurity jobs training for Virginia’s defense contracting industry. “The targeted support that GO Virginia provides is critical to ensuring
Reston’s Trucker Tools acquired by Calif. tech firm
Trucker Tools provides freight management software for transportation industry
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Reston-based Trucker Tools, a software company that provides a digital freight management platform for the transportation industry, has been acquired by Walnut Creek, California-based software company ASG. Financial details of the transaction were not disclosed. Founded in 2013, Trucker Tools offers a software suite with capacity management, predictive freight matching, automated booking, real-time GPS-based visibility
Chantilly-based CTSI acquires N.C. A/V company
Collaborative Technology Solutions provides audiovisual, security and cabling services
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Chantilly-based technology firm Corbett Technology Solutions Inc. (CTSI) announced Tuesday that it has acquired Morrisville, North Carolina-based Collaborative Technology Solutions LLC (CTS), a provider of audiovisual, security, structured cabling and sound-masking services. Financial details of the transaction were not disclosed. CTSI is a portfolio company of Chicago-based private equity firm Wind Point Partners. The transaction
Reston’s LookingGlass Cyber Solutions acquires Texas tech firm
AlphaWave Inc. specializes in cloud-based attack surface management
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Reston-based cybersecurity contractor LookingGlass Cyber Solutions Inc. has acquired Austin, Texas-based AlphaWave Inc., a cloud-native tech company that provides attack surface management services. Financial details of the transaction were not disclosed. In a news release, LookingGlass said the transaction will complement the Reston company’s existing cybersecurity services for federal and state government customers by “enabling