PRINCE WILLIAM COUNTY – (Press Release) The Prince William County Department of Economic Development congratulates InCadence Strategic Solutions Corp. on its outstanding year of achievements within the business community.
In 2018, InCadence Strategic Solutions earned five industry awards, including GovCon’s contractor of the year and Washington Business Journal’s #1 best place to work.
PRINCE WILLIAM COUNTY — (Press Release) Prince William County Department of Economic Development congratulates TechAnax LLC, a Serviced Disabled Veteran Owned Small Business (SDVOSB) professional services firm, on its business innovation and achievements in 2018.
For the second year in a row, TechAnax was recognized by Inc 5000. The company climbed to the #22 spot in the Top 25 Inc 5000 businesses in America, edging up from #29 in 2017, with a 4-year growth rate of 9,508%. TechAnax was also ranked 2nd out of the 290 Virginia companies that made the list.
PRINCE WILLIAM COUNTY — (Press Release) Smart Beginnings Greater Prince William (SBGPW) has selected Tawnya Soltis to serve as its Acting Executive Director beginning in January 2019.
Soltis has spent 32 years working in Greater Prince William serving the needs of teachers, students and parents, in both professional development initiatives for teachers and administrators, and as an award-winning elementary school principal for several local schools, including Old Bridge Elementary, and Montclair Elementary Schools.
(Fauquier Bank Press Release) Fauquier Bankshares, Inc. (the Company) (NASDAQ: FBSS), parent company of The Fauquier Bank, reported net income of $1.6 million, or $0.42 per diluted share for the quarter ended December 31, 2018, compared with $1.3 million, or $0.35 per diluted share for the prior quarter and $(543,000) or $(0.14) per diluted share for the fourth quarter of 2017. For the twelve months ended December 31, 2018, net income was $6.1 million, or $1.62 per diluted share compared with $2.5 million, or $0.66 per diluted share for the twelve months ended December 31, 2017.
For the quarter ended December 31, 2018, the Company’s return on average equity (ROE) and return on average assets (ROA) were 10.58% and 0.92%, respectively, compared with 8.96% and 0.79% for the prior quarter, respectively, and (3.77)% and (0.33)%, for the fourth quarter of 2017, respectively. For the twelve months ended December 31, 2018, ROE and ROA were 10.64% and 0.92%, respectively, compared with 4.44% and 0.39%, respectively, for the twelve months ended December 31, 2017.
DUMFRIES — For the very first time, the Mayor of Dumfries will host a ball.
Mayor Derrick Wood will host the “Black and White Ball” April 13 at 7 p.m. Wood says he is organizing this event to raise scholarship funds for high school seniors who want to attend trade colleges.
PRINCE WILLIAM COUNTY — The longtime head of the Flory Small Business Center is retiring Dec. 31, leaving Prince William County residents without small business development services for the first time in nearly 30 years.
Linda Decker, the center’s CEO and president, is stepping down after deep disagreements with Prince William County officials about the future of the small business center she has headed since it opened in 1991.
It hasn’t always been easy for small business owners to set up shop in Prince William County.
From zoning rules to code enforcement, small shop owners have long been at a disadvantage when compared to large developers who have teams of lawyers who know the ins and outs of building development.
STAFFORD – (Press Release) Marc Smith from Fredericksburg will join the Stafford County ED&T team as their new Business Development Professional. John Holden, Director, notes that, “Marc brings close to 15 years’ of experience in the commercial real estate development and economic development, most recently with the Virginia Economic Development Partnership recruiting and attracting major businesses to the Commonwealth.”
Holden adds, “Marc brings substantial local development knowledge having previously working for Spotsylvania County, WJ Vakos Companies, Jarrell Properties Inc., and Chrismarr Commercial.” Mr. Smith’s primary focus will be twofold. First, he will be reaching out to existing businesses to seek opportunities for expansion. Marc will also be in Stafford’s continued focus on attracting new business investment to the County. Mr. Smith will work closely with Rick Cobert, Manager for Economic Development, and the Stafford County Economic Development Authority on their ongoing efforts to support business growth and develop projects for the County.
PRINCE WILLIAM COUNTY — (Press Release) The Prince William Board of County Supervisors is pleased to announce that a division of Corporate Office Properties Trust (NYSE: OFC) (“COPT”) plans to construct two new data center facilities in the Data Center Opportunity Zone Overlay District in Innovation Park, Prince William County, Virginia. Construction of the first […]
RICHMOND – (Press Release) So you want to know the latest winning numbers? How about the date and time of the next big drawing? How big is the jackpot? What games are available from the Virginia Lottery? No problem. Alexa knows. The Virginia Lottery has become one of the first lotteries to make information available […]
