For
the Record is
compiled from company releases, business
journals and newspaper reports from around
the state. If you have an item for these
listings:
• Mail it to:
For the Record
Virginia Business Magazine
P.O. Box 85333
Richmond, VA 23293
Genworth
Financial, formerly the Richmond-based insurance
and retirement products subsidiary of General
Electric, officially went public in a $2.8 billion
IPO, the largest in the country thus far. Genworth
becomes the eighth Fortune 500 company with headquarters
in Richmond. (05/26/2004, Richmond Times-Dispatch)
Microwave Circuits, a
Washington, D.C.-based manufacturer of components
for communications equipment, announced plans
to relocate its headquarters to Lynchburg. The
$2.1 million investment is expected to create
200 jobs. (05/19/04, Press release)
Watson Wyatt & Company, a global
consulting firm focused on human capital and
financial management, has decided to move its
corporate headquarters and local consulting
operations from Chevy Chase, Md. to Arlington.
The move will be made in four phases to conclude
in July 2005. (05/10/04, Busienss Wire)
The Shawmark Group, a turn
around and private equity firm focused on the
defense contracting community, began business.
Formed by Jon M. Stout and Shawna L. Stout, former
directors of Analex Corp., the firm will be headquartered
in Middleburg. (05/07/04, PRNewswire)
