Virginia, USA, Business News - Virginia Business
WEB3 days ago · CACI strikes $1.27B deal to buy RF electronics provider Reston contractor to acquire Azure Summit Technology in all-cash deal Published September 16, 2024 by Beth JoJack CACI International has entered into a $1.275 billion definitive agreement to acquire Azure Summit Technology, the Reston-based Fortune 1000 government contractor announced Monday.
Caesars Virginia ‘tops off’ Danville casino - Virginia Business
WEBJan 18, 2024 · Caesars Virginia is a step closer to opening its permanent casino in Danville after a topping-off ceremony Thursday. Though the temporary casino opened in May 2023, work on the permanent Caesars Virginia casino and 12-story hotel has been ongoing.The floor of the casino has been poured, metal framing is in place and the hotel structure has been fully built, with windows being placed onto the ...
Virginia Transformer Corp. launches EV charger module
WEBAug 16, 2022 · Virginia will receive $106 million of that funding over five years, starting with $15.7 million in fiscal year 2022. Federal officials generally plan to have EV chargers available at least every 50 miles along interstates and major highways. The E2V module is aimed at the companies building these new charging stations across the nation, Lowery ...
Shamin Hotels purchases Va. Beach Hampton Inn
WEBJun 5, 2021 · Chesterfield County-based Shamin Hotels has purchased the 120-room Hampton Inn property on Virginia Beach’s Oceanfront, Grand Bay Advisors, which represented the seller in the transaction, announced Friday. The sale amount was not disclosed, but the land and building are assessed at $20.6 million, according to city records.
Forbes: Virginia home to two of the best U.S. coffee roasters
WEBDec 24, 2018 · Forbes likes its coffee drinks with two shots of Virginia. The business magazine’s website posted in Nov. a holiday gift guide of the 12 best coffee roasters in the United States that includes two Virginia companies. The two companies that made the list were Lexington Coffee Roasters and Floyd-based Red Rooster Coffee.
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 is ...
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 starts construction on Rockingham center
WEBJan 30, 2024 · Glenn Youngkin was there, as well as Buc-ee’s founder and CEO Arch “Beaver” Aplin III. Local officials attended as well. Located at the intersection of I-81 and Friedens Church Road, the center will be 74,000 square feet and have 120 fueling positions. Buc-ee’s expects construction to take about …
Youngkin signs bill to conform tax code - Virginia Business
WEBFeb 24, 2022 · The legislation that updated Virginia’s tax law to conform with the latest federal tax code was signed into law by Youngkin Wednesday. “The COVID-19 pandemic was one of the most difficult times for Virginians since the Great Depression,” Youngkin said in a statement. “The federal government and the General Assembly came together to ...
Dominion to sell 50% interest in Va. Beach offshore wind farm for …
WEBFeb 22, 2024 · Dominion Energy announced Thursday it has reached an agreement with investment firm Stonepeak to sell a 50% noncontrolling stake in the Coastal Virginia Offshore Wind commercial project off the Virginia Beach coast for nearly $3 billion. If the sale is approved by the Virginia State Corporation Commission and …