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Liberty launches search for new president
Consultancy to run national search to replace Prevo
Liberty University announced Wednesday that it has hired an Atlanta-based executive search firm to find its next president, who will succeed Jerry Prevo, the longtime board chair who became the Lynchburg private Christian institution’s interim president after Jerry Falwell Jr. stepped down amid scandal in August 2020. “President Prevo has been a gift from God
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BWXT appoints new president of nuclear operations
Sharon H. Smoot spent 3 decades working for U.S. Navy
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The new president of BWX Technology’s Nuclear Operations Group Inc. spent three decades working for the Navy as a civilian. Sharon H. Smoot started her new position Aug. 1. She is responsible for the BWXT subsidiary’s mission to provide a range of nuclear components and services, including manufacturing reactor components for Navy submarines and aircraft
CVTC property inches closer to redevelopment
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Once home to more than 3,600 people with intellectual disabilities and other conditions, the Central Virginia Training Center property in Amherst County is drawing closer to a different future. In June, Gov. Glenn Youngkin signed into law the latest state budget, which removed $25 million in tax obligations from the 350-acre site, making it more
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Statewide hotel revenues continue to lag 2019
Hampton Roads more than fully recovered
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Hotel revenues in Virginia for the first half of 2022 continued to lag behind 2019, and reduced business travel is still the culprit. That’s according to data released this week from STR Inc., a division of CoStar Group Inc. that provides market data on the U.S. hospitality industry. Hotel rooms sold decreased by 4.6% in Virginia through June
BWXT subsidiary to build first U.S. nuclear microreactor
Lynchburg company wins $300M contract
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BWXT Advanced Technologies LLC, a subsidiary of Lynchburg-based nuclear components and fuel supplier BWX Technologies Inc., will build the first advanced nuclear microreactor in the United States under a $300 million contract awarded by the Department of Defense’s Strategic Capabilities Office, the company announced Thursday. In March 2021, BWXT was chosen as one of two
Lynchburg-based BWXT elects new chair
Jan A. Bertsch is now chair of nuclear fuel supplier
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Lynchburg-based nuclear components and fuel supplier BWX Technologies Inc. announced May 3 that Jan A. Bertsch assumed the role of chair of the board of directors. Bertsch succeeded retiring chairman John A. Fees. “We are extremely fortunate to have someone of Jan’s caliber assume this important leadership position for our company,” BWXT President and CEO
In the big leagues
Pharma and manufacturing drive growth
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Central Virginia continues to attract pharmaceutical companies, advanced manufacturing sites and distribution centers, with 2021 seeing several major deals from companies that will bring large footprints to the region. Richmond was the leader in the clubhouse, with the city occupying half of the spots on the region’s list of the 10 biggest deals of 2021,
Two Lynchburg apartment complexes sell for $7M
BWCM Apartments LLC plans to upgrade properties
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Two Lynchburg apartment communities have sold for $7 million, Cushman & Wakefield | Thalhimer announced Wednesday. Deal Properties sold Bramblewood Apartments, with 71 units, and Craigmont Manor, with 24 units, to BWCM Apartments LLC. BWCM plans to upgrade the properties. Clay Taylor of Cushman & Wakefield | Thalhimer’s Capital Markets Group out of Roanoke and
BWXT to invest $65M in new Campbell County campus
Nuclear fuel supplier expects to create 97 jobs over three years
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Lynchburg-based nuclear components and fuel supplier BWX Technologies Inc. (BWXT) will build out and upfit a center for manufacturing and research and development adjacent to its Campbell County facility, creating 97 jobs, Gov. Ralph Northam announced Friday. The Fortune 1000 company plans to invest $65 million over the next three years, a Virginia Economic Development
New Liberty law school dean was State Dept. ambassador
Morse Hyun-Myung Tan will assume the role on Jan. 1
Published
Morse Hyun-Myung Tan will be the new dean of Liberty University School of Law beginning Jan. 1, the school announced Tuesday. Tan was most recently the ambassador at large for the U.S. State Department’s Office of Global Criminal Justice, where he oversaw the indictment, sanctioning, capture and/or conviction of war criminals in Sri Lanka, Rwanda,