Defense production zone classification signed into law

Virginia Governor Bob McDonnell signed a number of pieces of legislation into law April 7 at the Virginia Biotechnology Park in Richmond, including Senate Bill 999/House Bill 1822, which creates a separate classification of machinery and tools designed and used directly in manufacturing or processing materials, components or equipment for national defense and authorized localities to create Local Defense Production Zones, within which such machinery and tools could be taxed at a rate less than the rate generally applicable to such materials.

The bill was carried by Senators Walter Stosch and Donald McEachin and Delegate Chris Peace on behalf of Henrico County, which sought the ability to create such a zone to attract defense-based companies to the county.

“This bill will serve as a tool for localities to attract defense companies to their county, city or town," Peace said. "These companies will bring jobs and new industry to the community, while stimulating economic development.”

Peace and Henrico Supervisors Pat O'Bannon and Dick Glover were among the officials who joined McDonnell as he signed the measure into law.

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FirstComp Insurance Company, Markel Corp. named top insurance carriers


Two Glen Allen-based insurance carriers have been named among the top such companies in the nation.

Markel Corp. and FirstComp Insurance Company (now owned by Markel) are among 38 carriers recognized on the Insurance Business America list of the top insurance carriers in the country. > Read more.

Walmart honors Citizen’s ‘Top Teachers’ during grand opening


The much-anticipated new Walmart Supercenter in Eastern Henrico opened to busy crowds last week, and company officials welcomed a special group of shoppers, too. > Read more.

‘It’s such a blessing’


On Independence Day, a Brazilian-born Henrico resident took the Naturalization Oath of Allegiance on the steps of the Virginia Historical Society and felt peace finally settle around her.

Jeanette Hamlett’s journey to U.S. citizenship is a story of faith and love, which she told with her husband, John Hamlett, by her side. > Read more.

Preschoolers give pillows to families in need


A group of preschoolers from Chesterbrook Academy Preschool donated 56 pillows to local families in need at the Housing Families First shelter. The shelter is always in need of pillows and linens as, since families take the donated ones with them to their new homes.

Housing Families First provides shelter and support for homeless families and assist them in finding a permanent housing solution. The shelter serves people year-round, said Terri Iguina, operations and volunteer manager at Housing Families First. > Read more.

Dairy Queen’s Blizzard sales July 27 to benefit Children’s Hospital of Richmond


Dairy Queen’s 13th Annual Miracle Treat Day – Thursday, July 27 – will raise fund to benefit sick and injured children being treated at Children's Miracle Network hospitals throughout the United States. Locally, $1 or more from every Blizzard Treat sold at participating locations will be donated to the Children's Hospital of Richmond at VCU. Last year, the event raised more than $14,400 for the hospital. > Read more.

Henrico Business Bulletin Board

July 2017
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