A Chinese pharmaceutical company is taking over a Petersburg factory that was expected to be shut down. The purchase, facilitated by Gov. McAuliffe and the local economic development authority, includes grants and tax incentives for the firm.
Manufacturing
Under the lid of Sabra's hummus factory
Sabra Dipping Co. recently expanded its hummus production facility in Colonial Heights – the largest hummus factory in the world.
Medline powers up Chesterfield facility
Medline is powering up its new Chesterfield facility and expects to get the complex up and running next month.
$40M worth of fresh dough headed for Varina factory
Mondelez International Inc., the Illinois-based holding company whose portfolio includes Oreo cookies and Trident gum, is planning to expand its Nabisco cookie factory at 6002 S. Laburnum Ave. in Varina.
Firm shows its incoming leaders the money
Some sizeable pay packages are teed up for the incoming bosses of a Glen Allen firm.
Local company cracks the N.Va. market
A busy Richmond sign company picks up a Manassas-based firm’s facility and book of business.
Seeking ‘bigger game,’ the ice man sell-eth
A local ice company proved to be a hot commodity on the M&A market.
Leaders fall from Star Scientific’s ranks
A shakeup is in the works at the top ranks of a local firm that this summer became entangled in a scandal with Gov. Bob McDonnell.
Tobacco giant makes a global push
One of Richmond’s biggest tobacco companies is making a major overseas investment.
Manufacturer’s outlook is pure growth
A Hanover County company has made a $1 million investment to add 12,000 square feet and almost double the output at its Ashland production facility.
