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04.06.20

April 2020 Virginia Business & Economic Update

Virginia Business Headlines for March

FSA Federal awarded $1.3B DOJ contract
https://www.virginiabusiness.com/article/fsa-federal-awarded-1-3b-doj-contract/

What businesses can still operate during stay-at-home order?
https://www.virginiabusiness.com/article/what-businesses-can-still-operate-during-stay-at-home-order/?utm_source=newsletter&utm_medium=email&utm_campaign=daily

Bon Secours Mercy Health furloughs 700 employees amid coronavirus
https://www.virginiabusiness.com/article/bon-secours-mercy-health-furloughs-700-employees-amid-coronavirus/
 
Va. coal mines closing due to COVID-19 concerns
https://www.virginiabusiness.com/article/va-coal-mines-closing-due-to-covid-19-concerns/
 
Gannett announces mass layoffs, pay cuts, furloughs
https://www.virginiabusiness.com/article/gannett-announces-mass-layoffs-pay-cuts-furloughs/
 
Tegna acquisition talks fall through
https://www.virginiabusiness.com/article/tegna-acquisition-talks-fall-through/
 
Instacart hiring 12,000 Va. shoppers to meet rising demand
https://www.virginiabusiness.com/article/instacart-hiring-12000-va-shoppers-to-meet-rising-demand/
 
Genworth Financial moves closer to acquisition
https://www.virginiabusiness.com/article/genworth-financial-moves-closer-to-acquisition/
 
Tegna receives new acquisition offer
https://www.virginiabusiness.com/article/tegna-receives-new-acquisition-offer/
 
Philip Morris USA suspending Richmond manufacturing operations after second coronavirus case
https://www.virginiabusiness.com/article/altria-suspending-richmond-manufacturing-operations-due-to-new-coronavirus-case/
 
SAIC wins $950M DoD contract
https://www.virginiabusiness.com/article/saic-wins-950m-dod-contract/
 
Small businesses hurt by coronavirus can apply for federal funds
https://www.virginiabusiness.com/article/small-businesses-hurt-by-coronavirus-can-apply-for-federal-funds/
 
Amazon to hire 1,400 Virginians to meet order surge, donate $1M to Arlington nonprofits
https://www.virginiabusiness.com/article/amazon-to-hire-1400-virginians-to-meet-order-surge-donate-1m-to-arlington-nonprofits/
 
Some Virginia seafood processors can’t get visas for seasonal workers. They may have to shut down.
https://www.dailypress.com/business/dp-nw-seafood-visas-20200305-m5aoylow7vcftfm737aeliudzu-story.html?utm_source=Richmond+BizSense+Daily+Newsletter&utm_campaign=d36042a98c-EMAIL_CAMPAIGN_2020_03_05_11_26&utm_medium=email&utm_term=0_00e3179567-d36042a98c-148454077
 
Amazon to build two operations facilities in Hampton Roads, create 1,500 jobs
https://www.virginiabusiness.com/article/amazon-to-build-two-operations-facilities-in-hampton-roads-create-1500-jobs/
 
OBXtek Inc. wins $44.2M State Dept. contract
https://www.virginiabusiness.com/article/obxtek-inc-wins-44-2m-state-dept-contract/
 
SAIC to raise $400M to finance Unisys Federal acquisition
https://www.virginiabusiness.com/article/saic-to-raise-400m-to-finance-unisys-federal-acquisition/
 
Moore DM Group's $31M investment will bring back 239 jobs to Henrico printing plant.
https://www.virginiabusiness.com/article/former-colortree-factory-to-be-taken-over-by-new-company/
 
Amazon construction, hiring starts in Northern Virginia
https://www.virginiabusiness.com/article/the-work-begins/
 
General Dynamics capped off 2019 with largest-ever Navy contract
https://www.virginiabusiness.com/article/maximum-impact/
 
Southwest Virginia seeks to build on small business wins
https://www.virginiabusiness.com/article/a-multifaceted-strategy/

Virginia Economy, Government & Education Headlines for March

News Headline Sources: Virginia Business, Daily Press, Virginia Mercury, Chesterfield Observer

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