A partnership of public and private entities, including Hampden-Sydney
College, Longwood University, Prince
Edward County, Farmville and Poplar Hill
Holdings LLC announced plans for a $77 million,
multi-use conference center south of Farmville. Poplar
Hill Golf Club inn and Conference Center will have
a 120-unit inn, conference center and 18-hole golf
course (already open). The project will create 180
jobs. (News Release)
Estes Express Lines, a Richmond-based freight
transportation company, reorganized its Estes Air division
into Estes Air Forwarding LLC. The new entity
will offer a full slate of air and ground services to
compete in growing global services market. (Business
Wire)
Lockheed Martin Inc.,
a defense contractor based in Bethesda, Md., opened
a 40,000-square-foot facility in Hampton to support
the Air Force’s program to
modernize air and space operations centers worldwide.
About 90 people will work out of the new center, located
near Langley Air Force Base and the company’s Center
for Innovation. (PR Newswire)
Rogers Foam Corp., a Somerville, Mass. manufacturer
of custom foam products, will invest $1.4 million to
open a new plant in Scott County, creating 50 jobs. (News
release)
Bob Kipps and Kevin DeSanto,
former investment bankers with Houlihan Lokey Howard & Zukin,
formed KippsDeSanto &
Co., an investment banking firm in Vienna. The
firm will concentrate on servicing the IT, defense,
communications and government contracting sectors. (News
release)
Satellite Systems Corp., a Virginia Beach manufacturer
of satellite beacon tracking products, formed a subsidiary Dominion
Test Instruments to produce remote carrier monitoring
systems and complement SSC in product development. (Business
Wire)
