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News & Features

Virginia Businesses in the News
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For the Record
Virginia Business Magazine
P.O. Box 85333
Richmond, VA 23293
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Peter G. Decker Jr. was named chairman of the Norfolk Airport Authority Board of Commissioners. Decker is a partner with Decker, Cardon, Thomas, Weintraub & Neskis PC of Norfolk. (Press release)

Julien Patterson, president and CEO of Omniplex World Services Corp., a Chantilly-based provider of intelligence services, was named to Lead Virginia, a statewide program consisting of 40 of the state’s top business leaders. Lead Virginia brings business leaders together to promote a statewide perspective about issues in the state that affect quality of life. (Press release)

The Thomas Jefferson National Accelerator Facility in Newport News was awarded an R&D 100 Award from R&D Magazine for the most technologically significant new products of 2005. The Free-Electron Laser is opening new applications for the use of high laser output power for national security, materials science and several fields of science. This is the Jefferson Lab’s second R&D 100 Award. (Press release)

The University of Virginia for the first time surpassed $300 million in grants and contracts during the 2004-05 fiscal year, as part of its quest to upgrade research development opportunities. About 70 percent comes from federal so0urces. U.Va. passed the $200 million mark only five years ago. (Press release)

Virginia Tech fell from 52 to 55 in national rankings of monies spent on research in fiscal year 2003. Tech spent $247.8 million, up 6.5 percent from the previous year, compared to a 10.2 percent increase in nationwide research spending. State budget cuts were cited for the decline. (The Roanoke Times)

SunTrust Banks Inc. of Atlanta contributed $250,000 to Virginia Tech’s Pamplin College of Business to establish the Richard E. Sorensen Professorship in Finance. The endowment was made to honor Sorensen who has been Pamplin’s dean since 1982.  (Press release)

 

 


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