Virginia, USA, Business News - Virginia Business
WEB3 days ago · Construction contractor investing $25M. Commercial and industrial contractor Atlantic Constructors Inc. (ACI) is doubling its headquarters in Chesterfield County, a roughly $25 million project. The contractor, which provides mechanical, electrical, plumbing and fire protection ….
Factory shows that Richmond is still a tobacco town
WEBSep 27, 2013 · The South Richmond manufacturing center that Beran helped build now is Philip Morris USA’s sole cigarette factory. The company has spent more than $200 million in recent years buying equipment and upgrading the facility, which sprawls over 43 acres. Production has soared from 200 million cigarettes four decades ago to 600 million a day.
Va. bills advance to halt minimum wage increases
WEBJan 28, 2022 · State minimum wage to rise to $12 in 2023. Virginia State Capitol. (Courtesy Virginia Department of Historic Resources) RICHMOND, Va. – Two bills introduced by Republicans to halt future minimum wage increases have advanced to the House floor. Minimum wage in Virginia increased to $11 an hour on Jan. 1 and is set to increase to …
The Powell Memo - Virginia Business
WEBJul 30, 2021 · The Powell Memorandum has been praised and vilified, denounced as a blueprint for business to seize control of American life, and embraced as a way to protect liberty and free enterprise.. Whether because of its lasting influence or alarming prescience, the Powell Memorandum has become one of the most important single documents in …
Peraton closes on $3.4B cash purchase of Northrop Grumman biz
WEBPublished February 1, 2021 by Sydney Lake. Falls Church-based Fortune 500 aerospace and defense contractor Northrop Grumman Corp. announced Monday the closure of the sale of its federal IT and mission support services business for $3.4 billion in cash to Herndon-based national security contractor Peraton, a Veritas Capital affiliate.
Buc-ee’s eyes Stafford for third Va. location - Virginia Business
WEBMar 1, 2024 · The most recognized — perhaps only — hat-wearing beaver in the travel center industry is eyeing a third location in Virginia, this time in Stafford County. Texas-based travel center chain Buc-ee’s has submitted a conditional use permit application to Stafford County for a 74,000-square-foot travel center with 120 fueling stations on about ...
Issues - Virginia Business
WEBDecember 2013 November 2013 October 2013 March 2013. Cannabis authority chooses Shenandoah Valley provider. U.Va. president, board members stand up for UVA Health execs. LL Flooring to sell 219 stores; 211 other stores set to close. Richmond Flying Squirrels’ new stadium will be CarMax Park.
Boeing will move global HQ to Arlington - Virginia Business
WEBMay 30, 2022 · The Boeing Co., the world’s third-largest defense contractor, is moving its global headquarters from Chicago to Arlington, the company announced May 5. With more than 141,500 employees worldwide and operations in more than 65 countries, the aerospace and defense company will be the largest defense contractor headquartered in …
Perspecta to be acquired for $7.1B in all-cash deal
WEBJan 27, 2021 · Photo courtesy Perspecta. Chantilly-based federal contractor Perspecta Inc. will be acquired for $7.1 billion by Herndon-based national security contractor Peraton, an affiliate of private investment firm Veritas Capital, in an all-cash deal, the companies announced Tuesday. Perspecta will combine with Peraton under the transaction, which …
Finance/Insurance: PAUL B. MANNING - Virginia Business
WEBPublished August 29, 2022 by Virginia Business. Paul Manning. Founded by Manning in 2010, PBM Capital is a health care-focused private equity firm that invests in companies in the pharmaceutical and life sciences industries. The firm’s investment portfolio includes numerous companies, including Xalud Therapeutics Inc., a clinical-stage ...