Patents this week from MeadWestvaco, Philip Morris, and a local company that has invented a pillow.
The R&D Dept.: Local patents for 8.29.12
Michael Schwartz
Michael Schwartz is the editor of Richmond BizSense, and covers banking, lawsuits, finance, M&A and golf. He can be reached at [email protected] or 804-855-1037.
68 jobs ending at Fort Lee
A Florida-based contracting firm, which among other services provides private security forces for the government, confirms the cuts.
Here comes the beer
Hardywood Park Craft Brewery has expanded to free up more space for live events — including wedding receptions.
Taxi service cuts its drive-thru route
BioRide, a local taxi service that runs its fleet on biodiesel, will no longer have to stop by dozens of restaurants to pick up used cooking oil.
Trading Day: Inside local SEC filings for 8.23.12
A local CEO announces his retirement. The namesake of one of Richmond’s biggest company sells off a chunk of his shares. And stock option deals for several local insiders.
Bank happily writes a big check
Essex Bank and its parent company received approval from regulators this week to make six TARP dividend payments after falling behind in 2010.
Growth spurts get attention
Twenty-eight of the 5,000 fastest growing private companies in the nation are headquartered in or near Richmond, according to the latest edition of the Inc. 5000.
Chapter closes for entrepreneur
A local used bookstore is calling it quits after eight years in Richmond.
Patent could help VCU breathe easier
VCU’s deal with a New Jersey pharmaceutical company to develop an inhaled medication could mean a windfall for the school.
Two businesses file bankruptcy
Two local small businesses filed bankruptcy last week in Chester, with one seeking extra time to work out debt and the other closing up shop.