Agreement reached on Tax Fairness Bill
Gov. Bob McDonnell announced today that an agreement has been reached among the governor’s office, several members of the General Assembly, Amazon and stakeholders, including brick and mortar retailers, on SB597, commonly referred to as the “Tax Fairness Bill.”
The House of Delegates Finance Committee approved amendments today authorizing the state to require an out-of-state seller, with distribution facilities or other related entities in the state, to collect sales taxes on the sale of goods to in-state purchasers, without regard to the location of the seller, on Sept. 1, 2013, or on or before Jan. 1, 2014 if federal legislation is enacted, to level the playing field for all sellers with a later effective date. Continue reading “Agreement reached on Tax Fairness Bill” »
Santana promoted by DCCU
DuPont Community Credit Union recently announced that Peter Santana has been promoted to vice president of lending.
“We are very happy to have Peter join DuPont Community Credit Union’s senior management team,” said Gerald B. Hershey, DCCU President/CEO. “Peter’s dedication to our members is well known, and his experience and knowledge in the lending arena is a great asset to DCCU.” Continue reading “Santana promoted by DCCU” »
DCCU sees steady loan growth in fourth quarter 2011
DuPont Community Credit Union continued to see steady loan growth for the fourth quarter for 2011 compared to the same period for 2010.
The Waynesboro-headquartered credit union, which operates 10 branches in the Central Shenandoah Valley region, reported that $46.5 million in loans were funded during the fourth quarter to bring the amount of total loansoutstanding to $579.5 million as of the end of the year. Continue reading “DCCU sees steady loan growth in fourth quarter 2011” »
AAA: Crude oil reaches six-week high
Prices at the pump surpassed the record annual average price established in 2011 ($3.51 gal) this week and have done so in record time.
In 2008, the year that saw the all-time high price for regular self-service gasoline ($4.11 gal) the $3.50 per gallon mark wasn’t topped until April 21. Last year, gasoline prices didn’t surpass $3.50 per gallon until March 8. This year, gasoline topped $3.50 per gallon on Saturday, Feb. 11. Continue reading “AAA: Crude oil reaches six-week high” »
Chamber announces new Board of Directors
The Greater Augusta Regional Chamber recently announced that the following individuals have been elected by the Chamber membership to serve staggered terms as directors.
At the 2012 Annual Dinner & Awards Ceremony of members, it will be announced that the Board will be classified into three classes: Class A Directors to serve for a three-year term (until the 2015 annual meeting of Members), Class B To serve for a two-year term ( until the 2014 annual meetin of Members), and Class C to serve for a one-year term ( until the 2013 annual meeting of the Members). Continue reading “Chamber announces new Board of Directors” »
Federal law slashed needlestick injuries, new UVa. research shows
A federal law enacted to protect healthcare workers from being stuck by needles dramatically reduced the number of such injuries, decreasing the possibility for exposure to bloodborne pathogens, research at the University of Virginia School of Medicine has found.
The UVA researchers examined 10 years of injuries – more than 23,900 in total – from hospitals around the country. Injuries were on the rise before 2001, when the law took effect. Needlestick injuries then dropped by about 38 percent in 2001 and remained well below the previous levels through 2005, the last year evaluated. Continue reading “Federal law slashed needlestick injuries, new UVa. research shows” »
Revenue numbers up, but not enough?
The McDonnell administration announced on Monday that January revenue collections rose 3.4 percent over the prior year and that total revenue collections are up 4 percent year-to-date.
And yet to hear the governor tell it, the numbers indicate a need for continued belt-tightening. Continue reading “Revenue numbers up, but not enough?” »
Lumos Networks to enhance broadband services for Virginia Community Colleges System
Lumos Networks (NASDAQ: LMOS), a leading provider of fiber-based products across the Mid-Atlantic region , announced that the Virginia Community Colleges System has chosen Lumos Networks to deliver state-of-the-art broadband services to campuses across Virginia.
In making the announcement, David J. Keller, Senior Vice President Sales, Marketing and Customer Care, said, “Lumos Networks is honored to be selected to assist the VCCS in meeting their growing broadband communications needs. We look forward to extending our robust network and expertise to their efforts to deliver quality higher education and workforce training throughout the state for years to come.” Continue reading “Lumos Networks to enhance broadband services for Virginia Community Colleges System” »
AAA: Demand down, crude oil prices down, but prices continue upward tick
The cost of gas continued to rise to unseasonably high levels this week, despite decreases in the price of crude oil.
Reports show extremely weak gasoline demand, however refineries are responding to this decrease in demand by cutting back on production, resulting in some upward movement in prices at the pump.
Gas prices climbed to the highest price in more than four months this week, reaching $3.50 Friday, up 3 cents in the past week, up 13 cents in the past month and up 38 cents since this time last year. Yet, gas prices remain 61 cents below the all-time record high of $4.11 set in July 2008. Continue reading “AAA: Demand down, crude oil prices down, but prices continue upward tick” »
Shenandoah National Park solicits proposals to operate commercial visitor services
The National Park Service has issued a prospectus for proposals to provide lodging, food and beverage, retail sales and other services within Shenandoah National Park in Virginia. The proposed Concession Contract will be for a term of ten (10) years.
“Getting the new concession contract in place will ensure that visitors will continue to receive quality services in the park,” said Superintendent Martha Bogle. “We are required by law to have an open competition to determine who will manage the concessions facilities.” Continue reading “Shenandoah National Park solicits proposals to operate commercial visitor services” »
Chamber offering journey to China
The Greater Augusta Regional Chamber of Commerce is partnering with Boscov’s Travel to offer a tour and trade mission to China scheduled for April 20-28.
Area businesses are being invited to join Chamber members on this nine-day, seven-night journey featuring comprehensive tours of local attractions in Beijing, Chongqing, Wonzhou, and Shanghai. Highlights of this tour include admission to the International Chongqing Garden Expo, featuring Media Week in the Virginia Gardens and Wonzhou, Waynesboro’s Sister City. Continue reading “Chamber offering journey to China” »
Honeywell invests #27.5M in new Chesterfield County facility
Honeywell, a Fortune 100 manufacturing and technology company, will invest $27.5 million to add to its Advanced Fibers and Composites operation in Chesterfield County.
AF&C manufactures the lightest, strongest polyethylene fiber available anywhere in the world, which is used for ballistic protection with the U.S. military and law enforcement agencies and in certain industrial applications. The project will create 50 new jobs.
Virginia successfully competed against North Carolina and South Carolina. Continue reading “Honeywell invests #27.5M in new Chesterfield County facility” »
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