Weekly Newsletter
February 4, 2016
In the News   
Hopewell/Prince George Chamber Launches Series for Leadership Development

Another Aldi Location Bought in Chesterfield 
Partner Spotlight
Service Center Metals was founded in 2002 and, unlike bigger competitors, the company deals exclusively with service centers, which resell the products to manufacturers. SCM dedicates 100% of their resources to support service center customers. They set the benchmark for safety, customer service, product quality and operational efficiency as a supplier to the service center industry. 
Virginia Business Leaders Support Bill to Boost International Trade
 
Matt Chaney | Virginia Business | Full Article 

Del. Steve Landes, R-Weyers Cave, along with business leaders from across Virginia, promoted a bill Tuesday afternoon that they say will make it easier for businesses in Richmond and elsewhere in the state to export goods internationally.

"This could really be a game changer for Virginia; promoting our exports and getting international companies to come into Virginia and do trade with us," Landes said at a news conference in the General Assembly Building.

Landes' proposal, House Bill 858, would create the Virginia International Trade Authority. It would be formed by reorganizing existing programs within the Virginia Economic Development Partnership, another state agency.
Dominion Resources Buying Questar for $4.4 Billion
 
Associated Press | Richmond Times Dispatch | Full Article

NEW YORK (AP) - Dominion Resources will spend approximately $4.4 billion to acquire Questar in a big reach to the West for the East Coast energy company.

Dominion is a power producer in the mid-Atlantic region. Questar is in the Rockies and a principal source of gas supply to Western states.

There was a rush of deals last year among energy companies who are bulking up with demand weak and energy prices plunging.