This report is compiled from company releases, business journals and newspapers from around the state. If you have an item for these listings, mail it to:
Holly M. Rodriguez
Virginia Business Magazine
P.O. Box 85333
Richmond, Va. 23293

or e-mail it to ForTheRecord@va-business.com, or fax it to (804) 649-6311.

Appointments
No reports received

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Mergers & Acquisitions
Acalde & Fay, an Arlington-based public and government affairs company, acquired ILEX Group, a Fairfax-based technical business development company. Terms were not disclosed. (Press release, 3/5/00)

Advanced Technology Systems, a McLean-based software company, has acquired n-Vision Inc., a McLean-based manufacturer of 3-D display systems, for $1.2 million. (Business Wire, 3/8/00)

Aspire Technology Group, a Chantilly-based engineering company, was acquired by Greenwich Technology Partners, a Stamford, Conn.-based engineering firm. Terms were not disclosed. (Press release, 3/14/00)

Chesapeake Corp., a Richmond-based specialty packaging company, acquired Green Printing Company Inc., a Lexington, N.C.-based specialty packaging and printing company. Terms were not disclosed. (Press release, 3/3/00)

Columbia Energy Group, a Herndon-based natural gas company, was acquired by NiSource, a Merrillville, Ind.-based energy and utility company, for $6 billion. (Business Wire, 2/29/00)

Gwaltney of Smithfield, Ltd., a subsidiary of Smithfield-based Smithfield Foods, acquired Coddle Roasted Meats, a Portsmouth-based deli meat processing company. Terms were not disclosed. (PR Newsire, 3/3/00)

Lawyers Title Insurance Corp., a subsidiary of Richmond-based LandAmerica Financial Group Inc., a title insurance and real-estate company, acquired Lorain County Title Co., an Elria, Ohio-based title insurance company. Terms were not disclosed. (Press release, 3/1/00)

Maximus, a McLean-based government consulting and program management company, has acquired Akron, Ohio-based Crawford Consulting, a web-based information systems and consulting services company. Terms were not disclosed. (Press release, 2/28/00)

Millenium Science & Engineering Inc., a McLean-based environmental science and engineering firm, has acquired EnviroSearch International, a Salt Lake City-based environmental services firm. Terms were not disclosed. (Press release, 3/7/00)

Network Solutions, a Herndon-based registry of domain names, will be acquired by VeriSign Inc., a Mountain View, Calif-based software firm that provides security of private information sent over the Internet, for $21 billion. (Washington Post, 3/7/00)

The Smith Agency, a Richmond-based public relations and advertising firm, has merged with Virginia Beach-based B.C.B. Enterprises, a real estate development and entertainment firm, to form Vaughan Williams Smith Inc. The company will be a public relations and advertising firm and work in the entertainment industry. (Richmond Times-Dispatch, 3/6/00)

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Deals
America Online Inc., a Dulles-based interactive services company, and Sprint PCS, a Kansas City, Mo.-based wireless services provider, agreed to deliver AOL Wireless services to customers through Sprint PCS Internet-ready phones. (Press release, 2/28/00)

General Electric, a Salem-based electric company, and Toshiba, a Tokyo-based manufacturer, both plan to invest $65 million to form a drives and controls company, Toshiba GE Automation Systems International LLC. (The Roanoke Times, 3/8/00)

RailNet-USA.com, a subsidiary of Dulles-based Internos Corp., an Internet-based working communities development company, and First International Bank, a subsidiary of Hartford, Conn.-based First International Bancorp Inc., agreed to develop online financing for customers of both companies. (Business Wire, 3/15/00)

Road Runner, a Herndon-based broadband cable company, and Westboro, Mass.-based Switchboard Incorporated, an Internet directory and local merchant network, will integrate customized versions of Switchboard's yellow and white pages, and mapping services throughout Road Runner’s cable online service. (Business Wire, 3/15/00)

Vaughan Williams Smith Inc. will invest $20 million in a joint venture with Neogen Co. Ltd. to facilitate technology exchange between the United States and Korea, and develop entertainment events in the two countries. (Richmond Times-Dispatch, 3/6/00)

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New Plants and Companies
Creative Memories, a St. Cloud, Minn.-based direct-selling scrapbook company and subsidiary of the Antioch Publishing Company, plans to build a manufacturing and distribution center in Chesterfield County, creating 140 jobs. (Press release, 3/7/00)

Doughtie's Sysco Food Services, Inc., a Portsmouth-based food service distributor and subsidiary of Houston-based Sysco Corp., plans to invest $33 million in an operations center in Suffolk, creating 650 jobs. (Press release, 2/25/00)

EchoStar Communications Corp., a Littleton, Colo.-based satellite and equipment design company, plans to invest $16 million in a new customer service center in Montgomery County, creating 1,400 jobs. (Press release, 3/27/00)

SMI Steel Products, a subsidiary of Commercial Metals Company, a Dallas-based manufacturer of metal products, plans to invest $5 million in a new manufacturing facility in Prince Edward County, creating 150 new jobs. (Press release, 3/15/00)

Siddall, Matus & Coughter, a Richmond-based communications company, opened a new office in northern Virginia to provide business consulting services for companies specializing in e-commerce. (Press release, 3/1/00)

Wal-Mart Stores Inc., a Bentonville, Ark.-based retailer, plans to invest $50 million in a distribution facility in James City County, immediately creating 230 jobs, with 170 more jobs to be added over the next two years. (Press release, 3/17/00)

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Expansions
Boehringer Ingelheim Chemicals Inc., a pharmaceutical manufacturing subsidiary of Richfield Conn.-based Boehringer Ingelheim Corp., plans to invest $52 million in a manufacturing facility in Petersburg, creating 104 jobs in the area. (Press release, 3/9/00)

Nextel Communications, a Reston-based wireless communications company, plans to invest $9 million in an activation facility in Hampton, creating 200 jobs. (Press release, 2/23/00)

Tower Automotive, a Minneapolis-based designer and manufacturer of automotive parts, plans to invest $50 million in a second manufacturing facility in Botetourt County, creating 120 jobs. (Press release, 3/13/00)

Von Holtzbrinck Publishing Services, a subsidiary of Stuttgart, Germany-based Holtzbrinck Publishing Holdings, plans to invest $10 million to build a distribution center, creating 50 new jobs. (Press release, 3/13/00)

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Cutbacks & Closings
CSX Corp., a Richmond-based transportation company, temporarily laid off 50 railroad maintenance workers in February due to cost overruns from heavy snow this past winter. (Richmond Times-Dispatch, 2/25/00)

Donkenny Inc., a New York-based clothing designer and manufacturer, will close manufacturing facilities in Floyd and Independence, causing a combined loss of 255 jobs. (Press release, 3/15/00)

Norshipco, a Norfolk-based shipbuilding company, cut approximately 200 jobs, 15 percent of its workforce, in March, as a result of a cancelled contract with the Navy. (Press release, 3/16/00)

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Divestitures
No reports received

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Stocks
The Ethyl Corp. board of directors have approved a one for seven reverse stock split of the company’s stock. Shareholders must approve the proposal at the annual meeting in May before it is finalized. (Business Wire, 3/15/00)

OneSoft Corp., a McLean-based Internet application software company, filed a registration statement with the Securities and Exchange Commission for an initial public stock offering of 4.5 million shares at $12 to $14. (SEC filings, IPO Monitor)

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Directors
Richard T. Chang, ChannelSpace Entertainment Inc., a Chesapeake-based Internet-based collectibles company. (Press release, 3/1/00)

Emmit J. McHenry, Stratesec Inc., a Sterling-based security systems company. (Press release, 3/16/00)

Gerald E. Hansen, Old Point National Bank in Hampton. (Press release, 2/22/00)

Louis Morris, Old Point National Bank. (Press release, 2/22/00)

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Executive Promotions
Robin Batra, president, KSI Services Inc., a Vienna-based real estate development and management firm. (Press release, 3/15/00)

Laurie Grabow, CEO, United Bank. (Press release, 2/28/00)

Art Kazmierczak, CTO, SyCoNet.com Inc., a distributor of Japanese animation videos and DVDs. (Press release, 3/16/00)

Ron Tray, president, The Finance Company, Recoveries, Inc. and P.C. Acceptance Corporation, subsidiaries of Norfolk-based TFC Enterprises. (Press release, 3/2/00)

Jeffrey H. Segal, CTO, East3.com, a Richmond-based Internet company. (Press release, 3/10/00)

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Contracts
Centex-Gilford, Fairfax: $88 million from the Metropolitan Washington Airports Authority for renovation and construction to the Washington Dulles International Airport. (Press release, 2/29/00)

Government Telecommunications Inc., Chantilly: $300,000 from the U.S. Army for design and installation of a video teleconference command and control room. (Press release, 2/29/00)

Universal Systems & Technology Inc., Fairfax: $2.5 million from the Naval Surface Warfare Center, Indianhead, Md., to update their visual database system and integration and testing of a flight simulator. (Press release, 3/15/00)

Versar Inc., Springfield: $3 million over three years from the U.S. Army Corps of Engineers and Ft. George G. Meade of Maryland to provide engineering and scientific support for environmental compliance and remedial design. (Press release, 2/22/00)

W.M. Jordan Co., Richmond: $3.6 million from Sydnor & Hundley, a Richmond-based furniture company, for renovation of a manufacturing facility in Richmond. (Press release, 3/6/00)

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Real estate
Mason Hirst, a Tyson’s Corner-based real estate developer, sold an 8.6 acre site in Fairfax to AboveNet Communications, a bandwidth communications company and a subsidiary of White Plains N.Y.-based Metromedia Fiber Network. AboveNet plans to build a $150 million data center on the property. (Press release, 3/17/00)

Divaris Real Estate Inc. of Virginia Beach sold a 10,000 square foot office space in Virginia Beach to Samaritan House Inc., a non-profit organization for low-income individuals, for $595,000. (Press release, 2/28/00)

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This report is compiled from company releases, business journals and newspapers from around the state. If you have an item for these listings, mail it to Holly M. Rodriguez at Virginia Business, P.O. Box 85333, Richmond, Va. 23293, fax it to (804) 649-6311, or e-mail it to ForTheRecord@va-business.com.