Business in Brief

Business in brief


Stingem Management Group LLC has acquired Boathouse Capital’s stake in Henrico-based Colortree Group, Inc. James “Pat” Patterson, president/CEO of Colortree, is now the sole owner of the company. This transaction closed December 29, 2016. Boathouse Capital originally invested debt and equity to facilitate the management buyout of Colortree in 2011. Over the course of Boathouse's five-year investment, Colortree expanded its operations facility and equipment while improving its leadership team with the hiring of CFO, Terry Manis, and William Mack, VP of Human Resources. By expanding their facility and consolidating under one roof, Colortree can run much more efficiently and improve cost-effectiveness. Colortree Group, Inc. is a full-service manufacturer of envelope products and print services for the direct mail industry.

Business in brief


The Redemption Center, a new church, has begun meeting in Dumbarton Elementary School every Sunday at 11:15 a.m. The church is a multi-cultural and generation congregation led by 25-year-old pastor Chip Dandridge.

***

Cushman & Wakefield | Thalhimer recently announced the following transactions in Henrico County: Two Rivers Law Group, LLC – renewed its lease of 5,840 SF in the Virginia Plaza Building at 1508 Willow Lawn Dr.; and Lonestar Construction, Inc. – leased 2,666 SF in Staples Mill Business Center at 8205 Hermitage Rd.

Business in brief


Virginia Credit Union, which created its own real estate company, Virginia CU Realty, in 2010 to serve the needs of members, has now established a new division of the company to reach additional clients who may not be Virginia Credit Union members. The new division, called Virginia Select Realty, was formed in May. Virginia Select Realty is beginning operations with seven realtors and a transaction coordinator to provide administrative support. Additional agents are being actively recruited. Virginia Select Realty has offices under construction in Henrico at 6641 West Broad Street in the Reynolds Crossings development, and expects to locate there by mid-October. Mark Goad is the managing broker for Virginia Select Realty.

Business in brief


Commonwealth Commercial, a commercial real estate firm headquartered in Glen Allen, recently earned the Accredited Management Organization designation from the Institute of Real Estate Management, an affiliate of the National Association of Realtors. Currently there are only 535 management companies in the United States and Canada that have achieved the AMO designation. Firms that earn it must demonstrate the highest standards in professional service, financial stability and accountability, and have a certified property manager directing and supervising the real estate management team. In addition, AMO firms also must abide by the rigorous AMO Code of Professional Ethics that is strictly enforced by the institute. Commonwealth Commercial oversees management of 163 properties, totaling 13 million square feet across the Southeast.

Business in brief


Create Digital of Glen Allen has added three new members to its team: Larry Hoffheimer, Chloe Bos, and Kristen Duke. Hoffheimer is vice president of client services and has 16 years’ experience overseeing digital engagements. Prior to joining Create Digital, he held both principal and VP roles at ICF International. He earned his bachelor’s degree from University of Richmond. Bos is an account supervisor and comes from The Martin Agency, where her client list included brands such as Stolichnaya and Georgia-Pacific. Bos earned her bachelor’s degree in advertising from Kansas State University. Duke is Create Digital’s new user experience (UX) architect. Prior to joining Create Digital, she held UX roles at ICF Interactive and Genworth Financial. She earned her bachelor’s degree in media arts and design from James Madison University.

Business in brief


West Broad Village is growing. Earlier this year, Children of America opened an educational daycare and academy at 2501 Old Brick Rd. Ironworks, Men’s Grooming & Supply Co., an upscale men’s salon, will open later this year at 2228 Old Brick Rd. In addition to a masculine atmosphere and vintage industrial decor, haircuts will include a complimentary local craft beer (pending licensing), hot face towel and shoulder massage. Ironworks also will offer private grooming parties for grooms and groomsmen. The Oasis plans to open next month at 2226 Old Brick Rd. The Oasis will offer a therapeutic service like none other in Richmond: water flotation. Duck Donuts has also announced plans to open a second Richmond store in West Broad Village at 2437 Old Brick Rd.

Business in brief


The Henrico County Economic Development Authority (EDA), an organization dedicated to encouraging the positive growth of Henrico businesses and communities, is hosting the CATALYST Business Workshop for the second straight year. This Henrico Strong 2015 event is designed for local executives interested in growing their business. The half-day workshop will be held on Friday, Oct. 9, from 7:30 a.m. to 12:15 p.m. at Reynolds Community College (Parham Road Campus). Andrew Rose, president and CEO of compare.com, will kick off the event with a discussion on how business owners can capitalize on evolving markets. Topics will cover open-book management, digital marketing, motivating employees, business leadership, labor and employment law issues, building a sustainable business and more. The day will conclude with CEO Ignite Talks, in which five CEOs will speak for five minutes each on what it takes to make a business boom. The cost for the event is $25. Space is limited to 100 participants.

Business in brief


Junior Achievement of Central Virginia (JACV) announced recently the establishment of memoranda of understanding with four local school districts – Chesterfield, Hanover, Henrico and Richmond. The documents provide a framework for area schools to adhere to a recommended program plan with Junior Achievement, focusing on JA Finance Park, a middle and high school program focused on personal finance and career readiness. Under the agreements, schools are encouraged to increase their participation each year over the next three years. The JA Finance Park program teaches students how to create a family budget and live within their means. It consists of thirteen in-class lessons and culminates in a visit to the Capital One/JA Finance Park facility where students become adults for a day – making tough buying decisions, paying bills and investing their virtual savings. In the 2014-2015 school year, over 4,700 Central Virginia students participated in the program. With the memoranda in place, the number of participating students is expected to more than double by 2018.

Business in brief


Glen Allen-based Central Virginia American Diabetes Association welcomes Laura Haemker as the new associate director. She has a strong background in the non-profit world as well as in sales and communications. A native of Richmond, she graduated from Virginia Tech with a Communications Studies degree.

Page 8 of 32 pages ‹ First  < 6 7 8 9 10 >  Last ›

February 2017
S M T W T F S
·
·
·
·
·
·
·

Calendar page

Classifieds

SAVE on Cable TV-Internet-Digital Phone. Packages start at $89.99/mo (for 12 months.) Options from ALL major service providers. Call Acceller today to learn more! CALL 1-888-686-5081.
Full text

Place an Ad | More Classifieds

Calendar

Volunteers are needed to help clean East End and Evergreen Cemeteries from 9 a.m. to 12 p.m. These cemeteries are the eternal sacred grounds for thousands of African American historical figures. Decades of neglect has obscured their graves and thousands of others beneath tangles of ivy, brush, and illegally dumped trash. Since June 2013, a small group of regular volunteers, along with many students and Richmond-area residents, have been working to reveal them, slowly uncovering not just long-buried headstones but an entire community. Lunch will be served. For details, visit http://www.facebook.com/EastEndCemeteryProject. Full text

Your weather just got better.

Henricopedia

Henrico's Top Teachers

The Plate