The $1.2 billion spending plan would also reduce the real estate tax rate by 2 cents and set the stage for a $511 million bond referendum this fall.
Manufacturing
Henrico-based CBD company expands offerings with product line for pets
VA Harvest co-founder Bill Wingfield said CBD helps manage inflammation and can have other beneficial effects on dogs and cats.
Local jeans maker Shockoe Atelier slips into new location on Broad Street
The company moved out of its namesake neighborhood into a space with a layout that will allow more efficient production.
Succession planning, taxes led to flurry of year-end local business sales (Part 2)
An industrial chemicals firm is the next subject of this series, which details a wave of sales of Richmond-area businesses in the run-up to 2022.
Married couples pour hearts into their new brewery, winery in Louisa County
Southern Revere Cellars is a family affair. Dave and Paula Spencer and Jason and Sheridan Grime are growing their own grapes and hops on 70 acres of farmland west of downtown Richmond.
Richmond trio shells out millions to crack peanut cold storage industry
The acquisition of two companies included paying $17 million for three warehouses in Suffolk — known at one point as the world’s peanut capital.
High school buddies launch CBD company in Sandston
VA Harvest, which sells CBD extracts and cremes in stores and online, is a venture by a local chemist and two of his friends.
Winery spinoff fermenting at Dancing Kilt Brewery in Chester
“We’ve got seltzers, which hit the gluten-free market, but some folks are really hung up on wines and ciders,” brewery owner Thomas Pakurar said. “I’m just trying to fill that need.”
Yorktown peer is latest acquisition by local commercial printer
Henrico-based Worth Higgins & Associates’ deal to buy Taylored Printing will increase its employee headcount to 175.
Mondelēz investing $122M in Henrico bakery expansion
To lead “the future of snacking,” the cookie and cracker maker is installing high-speed equipment and building a nearly 500,000-square-foot fulfillment center.