News (Page 66)

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Turning Basin Capital acquires Liberty Tower & Flare

Turning Basin Capital Partners, L.L.C. (“TBC”), a Richmond-based private equity firm, announces that is has completed the acquisition of Liberty ...

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Henrico approves BPOL tax exemption up to $400,000

The Henrico County’s Board of Supervisors recently approved the budget for fiscal year 2019-2020. The budget exempts the first $400,000 in gross...

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Dominion plans six new solar power plants for Facebook data centers

Dominion Energy is dedicating power generated by six new solar energy plants to Facebook to offset the social media company’s electricity demand at ...

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Richmond-based Need Supply Co and Seattle retailer merge

Richmond-based luxury fashion retailer Need Supply Co. has merged operations with another retailer — Seattle-based Totokaelo. Need Supply’s Chris ...

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Henrico health care management firm completes $10m capital raise

Henrico County-based health care management company AllyAlign Health announced that it has completed a $10 million capital raise led by McKesson Ventu...

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VCU launches Center for Pharmaceutical Engineering and Sciences

Virginia Commonwealth University has launched an initiative focused on creating drug products. The Center for Pharmaceutical Engineering and Sciences ...

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ChemTreat to open new $10m lab in Hanover

ChemTreat, Inc. broke ground on a new $10 million applied technology laboratory in Ashland, Va. The 25,000-square-foot facility will be built across t...

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Chesterfield County cuts data center tax rate to lowest in state

Chesterfield reducing tax rate for data centers by 86.6% The Chesterfield County Board of Supervisors is reducing the tax rate on data centers operati...

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Port of Virginia reports continued growth at Richmond Marine Terminal

Shipment volumes through the Port of Virginia continue to increase and are projected to grow through 2020, including through the barge service at the ...

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Financial tech firm Paymerang expands

After raising $26 million in investments last year, Chesterfield County-based financial services technology firm Paymerang has added jobs and moved to...

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