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Executive profiles
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We asked leaders in Virginia’s maritime and logistics industry for their thoughts on the Port of Virginia expansion and the impact of the COVID-19 pandemic on shipping. Click to expand photos. Interviews follow. VB: How will the Port of Virginia expansion impact Virginia’s economy? Adams: The Central Chapter encompasses the area around Richmond and is
Ice age
Refrigerated storage expands while port’s growth heats up
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As the Port of Virginia expands its terminals, it’s prompted warehousing and logistics firms to also create space for more imported and exported goods. One of the largest areas of recent growth has been in the refrigerated storage industry. Here are some of the highlights: Preferred Freezer Services In April 2019, Preferred Freezer Services LLC
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Bath County hit hard by resort closures
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Communities across the state are hurting from coronavirus-related layoffs and closures, but in Bath County, “it’s devastating,” says state Sen. Creigh Deeds, whose law practice is located on Hot Springs’ Main Street. “Two major employers are closed,” he says, referring to The Omni Homestead Resort and The Greenbrier resort just over the West Virginia line.
Harrisonburg Dairy Queen sells for $1.15M
The drive-through franchise will remain in the building.
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A Dairy Queen Grill & Chill in Harrisonburg sold for $1.15 million, Denver-based Blue West Capital announced Thursday. Dairy Queen was the only tenant leased to the property at 78 S. Carlton Street in Harrisonburg. The property sold as a sale-leaseback. The Dairy Queen franchisee will still be able to use the building, but will
Workers cope with impending printing plant closure
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Some employees at LSC Communications’ printing plant in Strasburg figured its closure was imminent after financial downturns in recent months, but the loss of nearly 400 jobs is still a heavy blow. “I just started in September,” says Kimberly Carlysle, who drives a forklift in LSC’s shipping department. “This was going to be my last
Cascades isn’t par for the course
Omni Homestead course takes No. 1 honor for fourth straight year
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For the fourth consecutive year, the Virginia Golf Ratings Panel’s rankings of the commonwealth’s top 50 golf courses is led by the Omni Homestead Resort’s timeless Cascades course. William Flynn’s classic 1923 design in Hot Springs — nestled in the Allegheny Mountains — has both mesmerized and bedeviled golfers from throughout the world for nearly
Omni Homestead closing until June 1
Faced with the global economic crisis hitting the hotels industry from the COVID-19 pandemic, the resort is temporarily shutting down as of March 29.
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The Omni Homestead Resort in Hot Springs announced Friday that it is closing from March 29 until June 1, due to the economic fallout from the COVID-19 pandemic. “The global health crisis has hit the hospitality industry swiftly and significantly. Like many hotels, we’ve felt the impact and made the difficult decision to temporarily suspend
Denver real estate company buys Lexington apartment building for $12.2M
Lexington House is a section 8 affordable housing community.
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Denver-based real estate company Steele Properties LLC has acquired a three-story, 78-unit apartment building in Lexington for $12.2 million. It plans to begin renovating the complex in May, Steele Properties Communications Manager Lynn Haner says. The community, Lexington House, is reserved for seniors and disabled persons in need of Section 8 affordable housing. Steele Properties
Howard Shockey & Sons Inc. names new senior VP
Jonathan Cadle comes from Hitt Contracting Inc.
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Jonathan Cadle has been named senior vice president at Howard Shockey & Sons Inc., a Winchester-based general contractor that is 124 years old. He joins the firm from Glen Allen-based Hitt Contracting Inc., where he served as vice president, Shockey announced this week. With 25 years in the construction industry, Cadle is a member of
Banner year
With Merck and Hershey deals, valley hits investment record
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You’d be hard pressed to find an economic development official who had a better first year on the job than Jay Langston did in 2019. With Langston at the helm, the Shenandoah Valley Partnership, a regional economic development group, announced a record $1.5 billion in business investment last year, anchored by Merck & Co.’s expansion of its longstanding pharmaceutical production facility