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Altria to donate $5M to social justice nonprofits, businesses
Altria's black employee resource group will select recipient organizations
Henrico County-based Fortune 500 tobacco manufacturer Altria Group Inc. announced Friday that it will donate $5 million to national and local organizations that address systematic racism and small businesses that have been affected by vandalism associated with recent protests and rioting. “These are difficult times, and we must find ways to embrace our differences, address
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Dominion commits $5M to social justice nonprofits, businesses
Funding will be distributed within Dominion Energy's 20-state footprint
Published
As protests over the killing of George Floyd by a police officer in Minneapolis have spread into a nationwide movement against systemic racism and injustice, the Dominion Energy Charitable Foundation announced Thursday that it will donate $5 million to nonprofits and minority-owned and small businesses within Dominion Energy Inc.’s 20-state footprint. Of the $5 million
Suburban businesses board up windows amid protest climate
Retailers in Henrico, Chesterfield worried about protests reaching suburbs
Published
As rumors — some false — circulated on social media that heated racial-justice protests like those seen in Richmond might turn to the suburbs, several businesses in suburban Henrico and Chesterfield counties boarded up store windows out of apparent concern for potential looting and vandalism that didn’t materialize. Flyers circulated via Twitter on Tuesday indicating
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Henrico real estate firm names chief strategy, investment officer
Whitson Huffman was promoted at Capital Square
Published
Glen Allen-based real estate investment company Capital Square announced Thursday it has promoted Whitson Huffman as its chief strategy and investment officer. He was previously the company’s senior vice president and head of acquisitions. In his new role, Huffman will oversee investments including 1031 exchanges, opportunity zone funds and private placement offerings. Before his time
PeakLogix to be acquired by Michigan company
Chesterfield company specializes in warehouse automation and storage systems
Published
Chesterfield County-based PeakLogix, a national material handling systems integrator, has entered into a definitive agreement to be acquired by Michigan-based Alta Equipment Group Inc. Terms of the acquisition were not disclosed. Located in Midlothian, PeakLogix specializes in the design and installation of warehouse automation and storage systems. The company generated approximately $25 million in revenue
Governor, Richmond mayor aim to remove Confederate monuments
Northam expected to order imminent removal of Lee Monument
Published
In the wake of protests in the city of Richmond, Mayor Levar Stoney announced Wednesday afternoon that he and City Council member Mike Jones will put forward an ordinance July 1 to remove all Confederate monuments on Monument Avenue. The statuary, which has drawn large numbers of protesters — including some from other states —
Picking up the pieces
Richmond businesses suffer looting, vandalism during protests
Published
At 3:30 a.m. Sunday, May 30, Greg Milefsky stood in the middle of his store, Balance Bicycle Shop, on Richmond’s West Broad Street. The windows were broken, and the bikes — those for sale and ones left by customers for repair — were all gone. “People were coming in and stealing everything that was left,”
Gilbane Building Co. names Richmond office head
Colin Robinson has worked on the Virginia State Capitol, Altria Theater and Carpenter Theatre projects.
Published
Construction industry veteran Colin Robinson — who’s had a hand in some of Richmond’s most prominent redevelopment projects, including the Virginia State Capitol, the Altria Theater and Carpenter Theatre — will head Gilbane Building Co.’s Richmond office. Robinson succeeds Matt Sarver, who will become the vice president and business unit leader at the company’s Washington,
Governor declares state of emergency over protests
Richmond institutes nightly 8 p.m. curfew in response to violence, vandalism
Published
Following nights of heated and violent nationwide protests in response to the police killing of George Floyd in Minneapolis, Gov. Ralph Northam has declared a state of emergency and activated the state National Guard to assist local law enforcement in quelling “escalating violence across the commonwealth.” “This emergency declaration will provide the necessary support to
Altria sues Reynolds over e-cigarette patent infringement
Action follows Reynolds' patent suit against Altria, Philip Morris in April
Published
Henrico County-based Altria Group Inc.’s e-cigarette and smokeless tobacco divisions filed suit Thursday against competitor R.J. Reynolds Vapor Co. for patent infringement on e-cigarettes and associated products. Altria owns a 35% stake in e-cigarette industry leader Juul Labs Inc., a direct competitor of Reynolds’ Vuse brand of e-cigarettes. According to a lawsuit filed in the