A fast-growing chain of high-tech driving ranges could soon land in the Richmond market. Topgolf, a Texas-based company known to spend upwards of about $25 million on its three-story golf and entertainment facilities, is on a rapid nationwide expansion plan and confirmed last week that it has Richmond on its list of potential markets. “We… Read more »
In the continued domino effect of a local contractor’s legal troubles, a Henrico masonry company has filed bankruptcy. Manning Construction, owned by Michael Manning, was placed into Chapter 7 bankruptcy on Wednesday. It comes just weeks after Manning pleaded guilty to deliberately not collecting or paying more than $800,000 in employment taxes from the masonry… Read more »
After 25 years of running their downtown firm Evolve Architecture, RoseMarie Bundy and Randy Blankenship knew it was time to start thinking about an eventual succession plan. So when Wendel, a larger architecture firm based in Buffalo came knocking about a potential acquisition, Bundy and Blankenship were willing to listen. About a year’s worth of… Read more »
Richmond’s biggest local bank has struck a deal in Charlottesville that it hopes will be the first in a series of steps toward growing its wealth management arm. Union Bank & Trust announced on Tuesday it has acquired Old Dominion Capital Management, a Charlottesville-based investment advisory firm with clients around the country and $300 million in… Read more »
Fallout from a local contractor’s guilty plea on federal tax charges last month has forced at least one area bank to take a hit on its balance sheet. Michael Manning, 52, who ran Manning Construction and Manning-Carhen Construction, pleaded guilty on Feb. 23 to deliberately not collecting or paying more than $800,000 in employment taxes… Read more »
Two high profile names from the local healthcare scene are getting back in the game. Tonya Mallory, the founder and former CEO of Health Diagnostic Laboratory, and former Bon Secours Virginia chief executive Peter Bernard are launching Creo, a West End-based company that describes itself as a blood testing and health coaching venture aimed at reducing… Read more »
A Richmond legal giant has found a fertile hunting ground within the ranks of one of its rivals. McGuireWoods on Tuesday announced another round of attorneys coming over to the firm from Reed Smith, a large law firm with offices in many of the same markets, including Richmond. William Goydan, John Lukanski and Kiran Somashekara… Read more »
A local recycling company that at its peak operated four sites around the region has been shut down and put into bankruptcy. River City Recycling, founded in 2012 to run scrap yards that take in and process copper, aluminum, steel, junk cars and other items, filed Chapter 7 bankruptcy in Delaware late last month. Mathew… Read more »
Richmond’s biggest law firm is getting bigger in other markets. McGuireWoods last week announced expansions in San Francisco and Pittsburgh, where it lured a pair of experienced attorneys over from rival Reed Smith. Mary Hackett joins McGuireWoods’ Pittsburgh office, while David Powell is on board to man the firm’s first office in San Francisco. Richard… Read more »
A special guest threw out the ceremonial first pitch Thursday at Virginia Tech’s newly named English Field at Union Park, a moniker that Union Bank & Trust hopes will lead to increased visibility in one of its bigger markets in the state.
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