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Northern Virginia


Regional View


State grant helped keep brewery in Alexandria by Joan Tupponce


F


ounder and CEO Bill Butcher credits


Port City Brewing Co.’s expansion in Alexandria to “a lot of things coming


Forestry Industries Development (AFID) grants from Stephanie Landrum, president and CEO of the Alexandria Economic Development Partner- ship. Around the same time, he found a ware- house in Alexandria that would accommo- date his needs. Funding from an


CEO Bill Butcher says Port City Brewing is on track for another year of 40 percent sales growth.


ON THE WEB


Complete list of For the Record and People at


VirginiaBusiness.com FOR THE RECORD


Reston-based Access National Bank is expanding into Arling- ton. The bank’s first branch in the county is expected to open by the end of the year in the Courthouse neighborhood at 2300 Wilson Blvd. The building is a former Bank of Georgetown branch. The Arlington branch will become the bank’s seventh regional office. Bank officials said it already caters to a size- able Arlington clientele. Access National Bank was founded in 1999. (VirginiaBusiness.com)


AES Energy Storage, a subsidiary of Arlington-based AES Corp., has entered into two contracts with San Diego Gas and Electric (SDG&E) for two energy storage arrays total- ing 37.5 megawatts. Financial details on the contracts were not disclosed. The contracts involves AES’ Advancion energy storage


together at the same time.” The lack of industrial-use proper- ties in the area initially forced the company to look throughout the region for a suitable warehouse.


Things started to


fall in place, however, when Butcher learned about the Governor’s Agriculture and


solution, a battery-based energy storage platform, installed at sites in San Diego County, Calif. AES has been deploying advanced battery-based energy storage onto electric grids since 2008. (VirginiaBusiness.com)


Denver-based data center company CoreSite Realty Corp. plans to greatly expand its presence in Reston, building more than 660,000 square feet of new data center capacity. The company said it may invest $400 million to $500 million in a multi-phase build-out of the Sunrise Technology Park. The company is paying more than $60 million for STP, which is located less than a mile from CoreSite’s existing Reston buildings. CoreSite expects to substantially complete work on the project in the second quarter of 2018. (VirginiaBusiness.com)


18 OCTOBER 2016


AFID grant “isn’t used that often in the D.C. area because there aren’t many businesses here that support agri- culture and forestry,” says Landrum. She was aware that Port City gets 75 percent of its agricultural ingredients from Virginia produc- ers. For example, its best-selling Belgium- style wheat beer, Optimal Wit, is made from Virginia-grown wheat.


The brewery


received a $250,000 AFID grant, which the city will match with local funds. “We talked to Bill about in-kind investments that would help the business, and


Reston-based Leidos Holdings Inc. said in August it has taken on $2.5 billion in debt to finance its purchase of Lockheed Martin Corp.’s Information Systems and Global Solutions business. The two companies merged in August in a deal that created a $10 billion government services company — the largest in the industry. (Washington Business Journal)


McLean-based Tegna Inc. plans to spin off Cars.com, its online automotive marketplace, as a separate publicly traded company. Gracia C. Martore, Tegna’s president and CEO, pl ans to retire when the spinoff is completed next year. She will be succeeded by Dave Lougee, the president of Tegna Media, which oversees the 46 television stations the company owns or services. (VirginiaBusiness.com)


we are going to be installing a Capital Bikeshare station in front of the brewery,” Landrum says. (Capital Bikeshare provides 3,500 bicycles for rent at 400 stations in the Washington area. The first 30 minutes of each trip are free.) Port City is spend- ing $2.68 million on its expansion, which is expected to create 26 new jobs. The project will include a new cold storage facility and shipping hub to handle two functions now being done at the brew- ery’s location where the beer is bottled and kegged. The warehouse will be down the street from that building. “By moving the


cold storage offsite, it opens up more space for upgrades to the bottling line to make it faster and more efficient. We are also bringing in additional fermentation tanks for more brewing capacity,” Butcher says, adding that a second


PEOPLE


Drs. Syed Salman Ali, David C. Giammittorio and Kevin P. O’Connor were reappointed to the state Board of Medicine. Ali is hematologist-oncologist with Fauquier Health in Warrenton; Giammittorio is CEO of The Physician and Midwife Collaborative Practice, which has offices in Northern Virginia. O’Connor is a urologist at The Urology Group, part of Loudoun Medical Group. (News release)


CEB Inc.’s chief executive, Tom Monahan, is stepping down at the Rosslyn-based publicly traded company after more than a decade at the helm. Monahan, who joined CEB’s leadership team in 1996 and was named its chief executive in 2005, will stay through June 2017 or until his successor is named. (Washington Business Journal)


tasting room that can accommodate private parties and events will be added as well. Port City has


averaged 40 percent sales growth each year since it opened in 2011. “This year is on track to be another year of 40 percent sales growth as well,” says Butcher. In 2015, Port


City was named Small Brewing Company and Small Brewing Company Brewer of the Year at the prestigious Great American Beer Festival. “There were 1,500 breweries that competed, and we won more medals than any brewing company in the country,” Butcher says. Localities increas-


ingly throughout the country are eager to attract breweries, win- eries and distilleries, says Landrum. “It was important to keep Port City in Alexan- dria because it’s a place for corporate activities, for recreation, and it’s an attraction for visi-


tors.”


Reston-based information technology solutions provider Network Alliance Inc. has been named Byron K. Patrick, managing director, CPA practice. Patrick is co-founder and former CEO of Simplified Innovations Inc., a Maryland- based technology outsourcing company. (VirginiaBusiness.com)


Germanna Community College President David A. Sam announced he will retire June 30, 2017 after a decade of guiding the college. (Inside NOVA)


Tysons-based CSC has named Lizabeth H. Zlatkus to the company’s board of directors. Zlatkus worked for 28 years at The Hartford Financial Services Group, serving as chief financial officer and chief risk officer, as well as co-president of The Hartford Life Insurance Cos. (VirginiaBusiness.com)


Photo by Mark Rhodes


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