Business

Business in brief


Long & Foster Real Estate has announced that its Innsbrook sales office will support the U.S. Marine Corps Reserve in its Toys for Tots campaign this year. The office launched its toy drive for Toys for Tots earlier this month and will collect toys through December 9. Toys may be dropped off at the Innsbrook sales office, located at 11225 Nuckols Road in Glen Allen, from 8:30 a.m. to 5 p.m. Monday through Friday. This year marks the company’s 26th year participating in the holiday collection campaign.

Dominion Packaging to expand manufacturing operation, create 60 new jobs in Henrico


Dominion Packaging, a provider of packaging solutions for the tobacco and quick service restaurant industry, will invest $25.1 million to expand its operation in Henrico County to support a new contract with Anheuser-Busch. Virginia successfully competed against Pennsylvania for the project, which will create 60 new jobs.

“Dominion Packaging is an incredible success story for Henrico County and the Commonwealth,” said Virginia Governor Terry McAuliffe. “This company began in a basement in 2004 with a single piece of equipment and has grown exponentially, employing more than 280 Virginians. This homegrown business’ continued expansion is proof that Virginia offers the right infrastructure, regulatory environment, education system and skilled workforce for success. We will continue to find new, innovative ways to help small business thrive across Virginia and expand our products to a global marketplace as we build a new Virginia economy.”

Dominion Memorial Scholarship Fund accepting applications


Applications are now open for the Dominion Memorial Scholarship Fund, which will award six new scholarships for the 2017-18 academic year.

Now in its 10th year, the program was established in memory of three college students with close ties to Dominion who were slain in the 2007 Virginia Tech shootings. Each scholarship provides as much as $5,000 for tuition and fees and is renewable for up to three years, for a total of four years.

SBA announces funding through Women Veteran Entrepreneurship Training program


The U.S. Small Business Administration Office of Veterans Business Development this week announced a $300,000 funding opportunity for women and veteran-owned businesses through its Women Veteran Entrepreneurship Training Program. SBA expects to make up to six awards through this program with a minimum award of $25,000.

Successful applicants will be organizations with a demonstrated history of providing successful entrepreneurship training to women veterans, women service members, and women spouses of service members and veterans.

Business in brief


ChamberRVA has announced the winners of the 2016 IMPACT Awards which honor local businesses that are making an impact on the local economy, the community and their employees: Small Business Category – Workshop Digital; and Large Business Category – Keiter. Other finalists for this award included Piascik, TrueTimber Arborists, Inc., Dominion Packaging and Dominion Payroll Services. The Innovation Award, part of the Chamber’s i.e.* initiative, was awarded to Nutriati, Inc. Other finalists for this award included Iggbo, MAXX Potential and Tenant Turner. All winners were recognized at the 29th Annual IMPACT Awards Celebration Dinner, held at the Richmond Marriott Nov. 3.

Dutch firm to hire 20 for new Henrico office


CSi Packaging, an advanced manufacturing firm based in the Netherlands, has signed a lease for a center in Eastern Henrico County, where it plans to employ 20 workers. The employees will be new hires. CSi plans to invest $260,000 in it new sales and service office.

“We’re excited to call Henrico County, Va., home to our new facility,” said CSi’s Director of Operations Jim Coddington. “The region is known as a robust market for supply chain management. Since packaging solutions is an important piece of that industry, we see CSi as an option to many existing companies not only in the local area, but to all of the Americas.”

Saxon’s ‘Shoes for the Needy’ starts Nov. 1


The 24th annual Saxon Shoes for the Needy collection to benefit The Salvation Army launches Nov. 1, and donations will be accepted through Dec. 24 at Saxon Shoes at Short Pump Town Center. The collected shoes will be presented to The Salvation Army Adult Rehab Center in Richmond.

Saxon encourages individuals, families, businesses and groups to clean out their closets and donate gently-used shoes.

Business in brief


Equity Concepts, a Richmond-based financial services firm with offices in Henrico County and Carytown, recently celebrated its 25th anniversary. Founded in 1991 by Michael Thaler, the firm started off as a two-person operation that has now expanded to two area offices, as well as two additional associate firms in Altoona, Penn. The company serves more than 2,000 households and oversees approximately $800 million in assets. It recently was ranked sixth on this year’s Richmond BizSense annual list of area wealth and asset management companies. Thaler has also established his own nonprofit, Effective Ministries, Inc. (EMI), also known as The LINK. The LINK oversees partnerships and projects that meet the physical and spiritual needs of the communities it serves in Richmond and Niger, Africa.

West Broad Marketplace continues opening tenants into Q4 of 2016

Holiday shopping options in Short Pump will be twice as nice this year with T.J.Maxx now open and seven new retailers in various stages of construction in West Broad Marketplace in the 4th quarter of 2016. Newly signed retailers include b.good, Essex Bank, Hair Cuttery, Rack Room Shoes, Escape Nails and Spa, Mattress Firm, and Verizon Wireless.

The openings of these retailers will closely follow the Wegmans’ opening which occurred in August.

Purveyor of healthy fast food, b.good, has chosen West Broad Marketplace to open its 39th restaurant and continue its growth from where it was founded in Boston. The restaurant will serve locally harvested kale and grain bowls, seasonal salads, burgers and sandwiches, along with smoothies and shakes.

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