Donations continue to climb at Virginia universities
Individuals and family foundations spread the wealth in 2019, giving record amounts to Virginia universities but also assisting cancer patients, museums and out-of-work coal miners. In October, the University of Virginia announced a $100 million gift from David and Jane Walentas to help fund a new scholarship program for first-generation students. David Walentas, a 1961
Northpark Business Center is located less than a mile from airport
The Northpark Business Center in Roanoke County sold for $3.2 million on Feb. 17, Roanoke-based Waldvogel Commercial Properties Inc. announced this week. The 34,318-square-foot office park is located at 6701-6711 Peters Creek Road and was sold by Mechanical Development Co. Inc. The property consists of two single-story buildings that were more than 50% occupied at
Deal creates a combined company with 3,000 workers and 35 manufacturing facilities.
Richmond-based packaging company Liqui-Box Corp. completed its acquisition of London-based international packaging business DS Smith plc’s plastics division to create a combined company with 35 manufacturing facilities and approximately 3,000 employees, the company announced Thursday. Financial terms of the transaction were not disclosed, but media reports last fall stated that the United Kingdom’s Competition and
Scott C. Breuninger will become dean July 1
Virginia Commonwealth University has tapped Scott C. Breuninger as dean of its honors college, VCU announced Friday. Breuninger starts on July 1. Breuninger currently works with the University of South Dakota (USD) as the director of its honors program and as an associate professor of history. He has been with USD since 2011 and grew
The airport serves approximately 719,000 passengers per year.
The Roanoke-Blacksburg Regional Airport’s (ROA) January grew 7.1% on a year-over-year basis, with 53,016 passengers flying in January 2020, the airport announced Friday. ROA has sustained passenger growth since September 2016. In January 2019 to January 2020 there were 3,552 more passengers — 114 more passengers per day. “Passenger demand is a critical factor when
Fairfax-based management consulting firm employs more than 7,000 people.
Fairfax-based management consulting firm ICF International Inc. promoted two employees to executive leadership roles, the company announced Friday. James Morgan will become chief of business operations and Bettina Welsh will become chief financial officer, effective Feb. 29. Morgan previously served as CFO at ICF and his role as chief of business operations is new to
Tenants include Dollar Tree, Tractor Supply
A shopping center in Bedford has sold for $8.4 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Monday. Bedford Plaza is a 112,649-square-foot retail center that has tenants including Dollar Tree, Goodwill, Tractor Supply, Virginia ABC, the Virginia Department of Motor Vehicles, among restaurants and other service retailers. The property was 79% leased
The $30M solar project is in Westmoreland County.
Kansas City-based solar and energy storage development company Savion LLC has finalized a 20-megawatt (MW) power purchase agreement with Richmond-based Dominion Energy Virginia Inc. for the $30 million Westmoreland County Solar project, the company announced Thursday. Construction is expected to begin this spring and commercial operation is targeted to begin at the end of 2020.
Total Fiber Recovery expected to create 68 jobs.
Oregon-based Total Fiber Recovery LLC will invest $49 million to establish its first pulp recycling facility in Chesapeake, creating 68 jobs, Gov. Ralph Northam announced Friday. The Chesapeake facility is set to begin operations in 2021 and annually process 300,000 tons of mixed paper and recycled fiber from materials recovery facilities in the region. The
Richmond-based Dominion Energy Inc. acquired the utility in January 2019.
The U.S. Securities and Exchange Commission (SEC) filed a federal lawsuit Thursday against Dominion Energy South Carolina Inc., South Carolina-based utility provider SCANA Corp. and two former SCANA executives, alleging that “SCANA and its senior executives repeatedly deceived investors, regulators and the public over several years about the status of a $10 billion nuclear energy