AWARDS

Bank of McKenney was given the Community Commitment Award by the American Bankers Association for its endeavors in the affordable housing category. Bank of McKenney offers a rehabilitation grant program designed to serve homeowning veterans whose family incomes fall below 80 percent of U.S. Department of Housing and Urban Development median levels. The program offers up to $15,000 to assist the veterans or their surviving spouse with energy efficiency, weatherization and accessibility improvements such as roofs, insulation and ramps on homes that they own. Bank of McKenney has seven branches.

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Markel Corp. has earned the 5-Star Carrier rating from the industry publication Insurance Business America for its excellence in five categories, including range of products, underwriting expertise and claims processing. The ratings were given after an exhaustive survey in which the magazine asked insurance agents to identify their priorities in choosing a carrier and to rate their carriers based on their top 10 priorities. The Henrico County-based specialty insurer received exceptional ratings across the board.

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Henrico County-based Commonwealth Partnerships, a marketing, communications and community relations firm, received several awards from the Association of Marketing and Communications Professionals. The firm received a Gold Marcom Award for a public relations program, a Gold Marcom Award for a Facebook site, and an honorable mention for research/survey.

TRANSACTIONS

Richmond-based BB&T Capital Markets serves as:

  • an underwriter on Western Gas Partners LP’s follow-on equity offering of $531.38 million.
  • the exclusive financial adviser to Knoxville Beverage Co. Inc., a Tennessee-based regional wine and spirits distributor, in its sale to Eagle Distributing Co. Inc., a beverage distributor in eastern Tennessee. Terms of the transaction were not disclosed.

Company News, published each Monday, reports on local company formations, business relocations and expansions, awards and significant contracts. Send information to: Trudy Knight, Metro Business company news, Richmond Times-Dispatch, 300 E. Franklin St., Richmond, VA 23219; fax: (804) 649-6776; or email the item to metrobiz@timesdispatch.com.

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