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Go Virginia awards $5.8 in regional grants
Grants include $2.4 million to develop a computer curriculum in Loudoun County and Chesapeake City Public Schools.
Nine regional projects will receive a combined $5.8 million in Growth and Opportunity for Virginia (GO Virginia) funding, Gov. Ralph Northam announced Wednesday. The grants, which were approved by the Go Virginia Board and the Virginia Department of Housing and Community Development, will support regional economic development and workforce development initiatives and encourage collaboration among local
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Indoor farm to create 92 jobs in Danville-Pittsylvania County
New Jersey-based AeroFarms is investing $42 million in the project.
New Jersey-based AeroFarms is investing $42 million to construct a 150,000 indoor vertical farm in Cane Creek Centre, a joint industrial park for Danville and Pittsylvania County. The facility will create 92 jobs. AeroFarms employs a proprietary growing technology to produce leafy greens through aeroponics, a process in which plants are grown outside soil on
Wegmans distribution center to bring 700 jobs to Hanover
Supermarket chain plans to invest $175 million in project.
Wegmans Food Markets plans to build a $175 million regional distribution center in Hanover County, creating 700 jobs, Gov. Ralph Northam announced Wednesday. The campus, which will be located along Sliding Hill and Ashcake Roads off Interstate 95 in Ashland, will expand the grocer’s distribution network on the East Coast. Operations will start in 2022
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Alion opens its new Tysons headquarters
It occupies 14,000 square feet in the 20-story Boro Tower.
Alion Science and Technology Corp., an engineering solutions provider for defense and intelligence agencies, has moved into its new headquarters at the Boro Tower in Tysons. Alion is leasing 14,000 square feet of space in the 20-story building, which was jointly developed by The Meridian Group and Rockefeller Group. Alion relocated from its previous headquarters at 1750
Old Dominion National Bank taps new board members
Three directors come from Washington, D.C., area.
Tysons-based Old Dominion National Bank announced three new members of its board of directors Wednesday. The new board members include Jim Abdo, president and CEO of Abdo Development, a Washington, D.C.-headquartered development company that specializes in adaptive re-use of urban properties in the capital region; Jennifer Bognet, executive vice president of Bognet Construction, an interior
Centauri acquires two Ohio companies
Chantilly firm is building its capabilities in the Dayton area.
Chantilly-based Centauri has acquired two companies in Dayton, Ohio. Centauri, which describes itself as a provider of high-end space, intelligence, directed energy and cyber solutions, did not disclose how much it paid for Design Knowledge Co. (TDKC) and PreTalen Ltd. TDKC’s business involves microelectronics trust and assurance, space domain awareness and advanced visualization for enhanced situational awareness. PreTalen’s
Truist names three Virginia regional bank presidents
The mega bank created from BB&T-SunTrust merger taps former SunTrust leaders.
Truist Financial Corp., the Charlotte, North Carolina-based mega bank created in December following the merger of BB&T and SunTrust, announced Tuesday it has named 24 regional presidents, three of whom will oversee the Virginia market. “Our ability to leverage our unique community model with its decentralized, regional structure combined with deep industry and banking expertise
Danville Community College hosts advanced fiber optic training
The college partnered with Amazon Web Services and Sumitomo Electric on the event.
Danville Community College hosted a fusion splicing training and networking event on Dec. 9 and Dec. 10 with Amazon Web Services (AWS) and Sumitomo Electric Lightwave for approximately 30 people, Gov. Ralph Northam announced Tuesday. Fusion splicing is the joining of two optical fibers to create a continuous light path, carrying data to phones, internet
Oral arguments set for Virginia Credit Union, bank dispute
Community banks oppose VACU's bid to include Medical Society of Virginia members.
Oral arguments are set for Jan. 6 in a dispute between the Virginia Credit Union and seven small community banks and the Virginia Bankers Association (VBA) over the credit union’s offer to include the Medical Society of Virginia’s 10,000 members. A. Ann Berkebile, a senior hearing examiner at the State Corporation Commission, scheduled oral arguments
Canadian company to acquire County Waste of Virginia
The agreement is anticipated to close in January.
West Point-based County Waste of Virginia LLC and its subsidiaries will be acquired by Canadian waste management company GFL Environmental Inc, GFL announced Tuesday. The acquisition is subject to approval under the Hart-Scott-Rodino Act, which requires parties to notify the Federal Trade Commission and Department of Justice of large mergers and acquisitions. The companies will