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Bill Freehling is a business writer for The Free Lance-Star and Fredericksburg.com. This blog is on Fredericksburg-area business. Send an e-mail to Bill Freehling.
Business Notes, 10/3/13
Here are some odds and ends from the world of Fredericksburg-area business over the past week:
- The University of Mary Washington will hold the “Transformation 20/20 Regional Economic Development Summit” from 7:30 a.m. to 10:30 a.m. Oct. 29 at the UMW campus in Stafford County. The university will share the results of a regional economic development plan that began last fall and received input from more than 200 business and community leaders. Click here to RSVP.
- The parent company of Waldorf, Md.-based Community Bank of Tri-County this week raised about $24 million in net proceeds in an initial public offering. The bank, which will soon be renamed Community Bank of the Chesapeake, has a branch in King George County and a commercial lending office in Fredericksburg. The bank’s parent, Tri-County Financial Corp., now trades on the Nasdaq under the ticker symbol TCFC.
- Edwin Wyant’s Virginia Wine Experience store has moved from Caroline Street to its new home at Eagle Village in Fredericksburg. The business also has a new name: Hop & Wine.
- Andre Pineda has been promoted to partner at financial advisory firm Cary Street Partners.
- Halloween City has opened temporary stores at 3501 Plank Road and 9745 Jefferson Davis Highway in Spotsylvania County.
- A grand opening celebration is being held Thursday evening for the Silver Cos.’ new Poet’s Walk memory-care facility near the Spotsylvania Regional Medical Center.
- A new 7-Eleven store has opened in the Carmel Church area of Caroline, near the county’s visitor center.
- Julie Kreider’s Zinga Frozen Yogurt opened last week at 10400 Courthouse Road in Spotsylvania.
- The Highlightz Event Center off U.S. 1 in southern Stafford will hold a ribbon-cutting at 3:30 p.m. Tuesday.
- John G. Lee, a principal with the local Lee-Curtis Insurance Service Inc. firm, was recently installed as president of the National Association of Professional Insurance Agents.
- An affiliate of County Waste last month paid $1.2 million for the 4.5-acre property that Shifflett’s Container Service had owned at 10 Le Way Drive off U.S. 17 in Stafford, according to county property records. The sale was part of the two companies’ merger.
- Rocking The Chair, a business that offers salvaged and repurposed furniture, has opened in its ground-level space at 915 Sophia St. in downtown Fredericksburg. A grand opening is set for Friday evening and Saturday afternoon.