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News (Page 96)

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Union-Xenith banking deal is sealed

Union Bank & Trust is now a $12 billion regional institution, following its New Year’s acquisition of its Richmond-based peer Xenith Bank. The c...
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C.F. Sauer celebrates 100 years of Duke’s Mayonnaise

About 10 years ago, Mark Sauer was behind one-way glass, watching a focus group assembled at a table topped with the wide universe of mayonnaise brand...
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Castleburg Brewery plans expansion

Castleburg Brewery & Taproom, a small craft brewery that opened in Richmond in 2016, is planning an expansion that will almost double its space an...
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Mobility analytics firm picks Richmond for East Coast operations

StreetLight Data, a mobility analytics company that brings real-world travel patterns to light, chose Richmond to establish a regional office for its ...
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Marine Terminal upgrades refrigerated and heavy-lift capabilities

NORFOLK, VA – A grant from the federal government is helping The Port of Virginia diversify, grow and expedite the cargo moving across Richmond Mari...
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Dominion moves ahead with solar tariff for Facebook data center

Dominion Energy Virginia has asked state regulators to approve a new rate schedule that would allow the company to purchase or build solar power facil...
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110-acre warehouse property in South Richmond to be redeveloped

The Alleghany Warehouse Co. property in South Richmond has been acquired and the buildings will be razed for redevelopment as newly built space for wa...
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Kosmo Machine is investing $1 million and adding 30 jobs

Kosmo Machine is now in the midst of another expansion. In August, the company announced plans to invest $1 million in new equipment while adding more...
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Markel-owned CapTech expands, created 250 jobs in 2017

After a year in which it saw twice as much growth as it’s used to, a local IT consulting firm is making more elbow room locally while similarly expa...
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Business accelerator receives $1 million from Activation Capital

Lighthouse Labs, a business accelerator in Richmond that offers mentoring to startup companies, is getting $1 million over two years to support its wo...

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