Virginia Businesses in the News


Divestitures

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For the Record is compiled from company releases, business journals and newspaper reports from around the state. If you have an item for these listings: • Mail it to: For the Record Virginia Business Magazine P.O. Box 85333 Richmond, VA 23293 • E-mail it to ForTheRecord@va-business.com • Fax it to (804) 649-6311

Colonial Williamsburg led a group of landowners in selling 380 acres of land in southeastern Williamsburg to Riverside Health System, a Newport News owner of various health facilities and retirement communities. Colonial Williamsburg owned the bulk of the land, which acted as a long-time buffer for the nearby resort and historic area. Riverside envisions a health care facility and mixed-use development for the site. (7/7/04, Richmond Times-Dispatch)

Dominion, a Richmond-based power provider, plans to sell its Cleveland, Ohio, business unit, Dominion Cleveland Thermal (DCT), to Ancora Management of Greenwich, Conn. DCT operates a heating and cooling system that provides steam and chilled water to more than 200 buildings. (7/1/2004, PRNewswire)