The company, founded in Richmond in 1887 and known for Duke’s Mayo and its landmark spice factory on Broad Street, will be sold from one private equity firm to another.
A Chesterfield warehouse that has changed ownership several times in recent years is now in the hands of a Swiss company that plans to convert the building into a manufacturing center.
Topsoe’s facility will make cells used for “clean hydrogen” fuel and will rise across the street from where fellow Danish firm Lego is building a $1 billion toy factory.
Members of the powerful Richmond family are once again looking to wield their position as the largest shareholders of the locally based industrial manufacturer.
The company now has 700 employees, four manufacturing facilities and raised $140 million in investor capital last year.
On display at the event was a scale model of the 1.7 million-square-foot Chesterfield factory made out of about 34,000 Lego bricks.
The company plans to shutter its facility at 6601 S. Laburnum Ave., along with a similar warehouse in Northern Virginia, also affecting dozens more employees.
The facility has three manufacturing bays able to fill 90 million medicine vials and make up to 50 million pre-filled syringes annually.
The Roanoke-based ice cream company is opening in the GreenGate shopping center, adding to its initial local spot in the Village Shopping Center.
Super Radiator Coils added about 56,000 square feet to its manufacturing and engineering facility at 451 Southlake Blvd., bringing it to a total of 177,000 square feet.
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