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Workforce development center opening in downtown Portsmouth
Open house on Friday afternoon
Portsmouth Economic Development is opening a brick-and-mortar resource Friday, aiming to create a public and accessible hub for skills training, career fairs, job applications and Internet access. The 2,000-square-foot office space, called [email protected] Center, is located in a suite at its downtown headquarters, 200 High St. The idea has been brewing since the fall 2019,
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Guidehouse taps Fairfax for global HQ, creating 900 jobs
Consulting company to invest $12.7 million in McLean campus
Published
Guidehouse, a management consulting company with clients around the world, will establish its global headquarters in Fairfax County, producing more than 900 jobs, Gov. Ralph Northam announced Monday. The company will invest $12.7 million in a campus at 1676 International Drive in McLean, where 1,550 people will work at full capacity. Virginia competed with Maryland
Danville’s White Mill to be redeveloped into mixed-use project
First phase will see $62.5M investment, with apartments and commercial space
Published
Danville’s Industrial Development Authority and The Alexander Co. are teaming up to redevelop the city’s White Mill on the Dan River as a mixed-use commercial and residential project, with $62.5 million invested in the first phase, city officials announced Monday. Local officials have long been seeking developers for the site. Interest in the building, which
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Downtown Culpeper mixed-use property sold for $3.95M
Property includes 25 residences, 9 commercial spaces
Published
The Waters Place mixed-use property in downtown Culpeper has been sold for $3.95 million, Cushman & Wakefield | Thalhimer announced this week. The redevelopment and new building at 201 Waters Place includes 25 residential units and nine commercial spaces. Waters Place sits on half an acre and includes a renovated warehouse from circa 1900, as
AMPAC expanding Petersburg operation, adding 156 jobs
Pharmaceutical manufacturer plans to invest $25 million
Published
AMPAC Fine Chemicals plans to grow its Petersburg manufacturing facility, investing $25 million and creating 156 jobs, Gov. Ralph Northam announced Tuesday. AMPAC manufactures active pharmaceutical ingredients (APIs) and is a partner with Richmond-based Phlow Corp., Virginia Commonwealth University’s Medicines for All Institute and nonprofit drugmaker Civica Inc., on a federally funded, $354 million contract
Aditxt to produce 300 jobs in Richmond
Biotech innovation company to invest $31.5 million over 3 years
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A biotech company is setting up shop in Richmond and is expected to produce 300 jobs, Gov. Ralph Northam announced Monday. California-based Aditx Therapeutics Inc. (Aditxt) has pledged to invest $31.5 million over the next three years in its first AditxtScore Center, a facility that will monitor patients’ immune systems. The company plans to open
Valve manufacturer announces $1.9M expansion in Norfolk
California-based Dante Valve Co. will add 40 jobs, 10,000 square feet
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Norfolk-based Dante Valve Co. will expand its operations with a $1.9 million investment, Virginia Gov. Ralph Northam announced today. The family-owned business, which marked its 60th anniversary last year, is an international manufacturer and distributor of pressure-relief valves and related products — primarily for submarines, aircraft carriers and other naval vessels. The U.S. Navy is
Fairfax County tech company adding 162 jobs
Ridgeline International Inc. announces $1.75M expansion
Published
A fast-growing technology solutions company will invest $1.75 million to expand in Fairfax County, creating 162 jobs, Virginia Gov. Ralph Northam announced today. The company, Ridgeline International Inc., offers technology solutions for the federal government, commercial and nonprofit sectors. It said the expansion aims to increase its ability to provide security solutions. Founded in 2015,
Moving out
Construction projects shift to suburbs, rural areas
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More than a year after the pandemic began, signs point to people moving away from densely populated city centers, says Anirban Basu, chief economist for Associated Builders and Contractors, an industry trade association based in Washington, D.C. The construction industry has taken note. Basu predicts: “This decade will be about the suburbs, with more people
Modine expands Va. footprint, will invest $7M in Rockbridge County
Project to produce 60 jobs
Published
Modine Manufacturing Co. will invest $7 million to convert its Rockbridge County warehouse into a manufacturing plant that will produce data center cooling solutions, creating 60 jobs, Gov. Ralph Northam announced Thursday. Headquartered in Wisconsin, Modine specializes in building thermal management systems and components and saw $2 billion in revenue last year. Modine has had