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Business Wire
12 hours ago
- Business
- Business Wire
HITT Contracting Becomes a Significant Supporter of JK Community Farm as Sponsor of Play Zone and Acreage
PURCELLVILLE, Va.--(BUSINESS WIRE)-- HITT Contracting, a top-ranked national general contractor based in Northern Virginia, has become a major partner in supporting the educational and hunger relief efforts of the JK Community Farm, a 150-acre nonprofit farm in Loudoun County that grows and donates healthy food to food banks across the DC region. Through volunteers and a nearly $40,000 grant, HITT has committed to being an Acreage Sponsor and to building a HITT Play Zone at the farm. Through volunteers and a nearly $40,000 grant, HITT has committed to being an Acreage Sponsor and to building a HITT Play Zone at the JK Community Farm. Share 'We work to alleviate hunger by improving access to healthy food. As part of this, we are also focused on cultivating the next generation's understanding of where food comes from, how it's grown, and why nutrition and stewardship matter,' explained JK Community Farm Executive Director Samantha Kuhn. 'HITT is partnering with us to support these goals. As funding for food programs is getting cut for nonprofits and clients alike, corporate support is more critical than ever, and we are grateful to HITT for investing in us and the families we serve.' As an Acreage Sponsor, HITT has adopted one of the farm's acres and is sponsoring all costs associated with growing on HITT's Acre. The farm is an important provider of healthy food for those in need in the DC area. Last year, more than 6,700 volunteers—including HITT team members—helped grow and harvest over 247,000 pounds of fresh, organic produce and protein that was donated to local food banks. By adopting an acre, HITT will help the farm meet the community's expanding needs through funds and volunteer power. 'Community engagement is at the heart of who we are at HITT. Supporting JK Community Farm is a meaningful way for us to live out our core value, Be the Good, not only through financial support, but by showing up, getting our hands dirty, and helping expand access to healthy food and hands-on education for local families. This partnership reflects our belief that building stronger communities starts with investing in people,' said HITT Senior Vice President Ashley Campbell. The Fairfax County-based construction company is also donating a HITT Play Zone, which will be part of the farm's nature playscape within its new Outdoor Food Learning Center. Designed for the farm's field trip students and youth volunteers, the Center will include an outdoor classroom and an educational space for sensory exploration that will help children learn, explore, and develop essential life skills through hands-on interaction with the farm's natural environment. The Center, which also received a grant from the Joseph E. Roberts Charitable Trust, will engage all five senses, reinforcing food education through experiential learning. Children will dig in the soil, plant seeds, smell herbs, touch varied textures, and observe pollinators at work. Within the Center, the HITT Play Zone will feature climbing boulders with Tonka trucks for digging. The playscape will also have sensory herb stations, nature art zones, shaded seating, bird houses, and a mud kitchen. Every element is intentionally designed to reinforce the principles of food education and environmental care, offering children a space to explore the farm's ecosystem in a safe, engaging, and educational setting. The HITT Play Zone is expected to open in late July. Every educational program at the farm is aligned with educational standards and designed to engage students from diverse backgrounds, ensuring equitable access to transformative food education experiences. The JK Community Farm hosts 3,000 students each season for education through its field trip program, and the Center will help deepen their learning experience. ABOUT JK COMMUNITY FARM JK Community Farm, a nonprofit started in 2018 seeks to have a lasting and healthy impact on struggling families within the Washington, DC region by growing and donating chemical-free, healthy produce and protein to those struggling with hunger. As the nation's largest chemical-free community farm with 100% of its yield donated, the farm's food is distributed by nonprofit partners: Loudoun Hunger Relief, Food for Others, Arlington Food Assistance Center, and DC Central Kitchen. HITT Contracting provides a wide range of commercial construction services across the nation, including complex core and shell buildings, renovations, interior fit-outs, and routine service work. No matter the project size or type, HITT delivers a premium construction experience. With 2024 revenues of $8.7 billion and nearly 2,000 team members nationwide, HITT is ranked among the top 10 largest general contractors in the U.S. For more than 85 years, the Washington, DC-area headquartered firm has been driven by a spark of curiosity to push boundaries and redefine what's possible in construction. Through innovation, sustainability, and partnership, HITT is igniting progress and tackling the industry's greatest challenges while consistently delivering exceptional building experiences. Learn more about HITT's general contracting capabilities at
Yahoo
19-02-2025
- Business
- Yahoo
Nodal Exchange to Expand Headquarters in Fairfax County
WASHINGTON, February 19, 2025--(BUSINESS WIRE)--Earlier today, Governor Glenn Youngkin announced that Nodal Exchange, a Fairfax County-based derivatives exchange providing price, credit, and liquidity risk management solutions to participants in the North American commodities markets, will increase capacity at its headquarters located at 1921 Gallows Road in Tysons. The expansion will create 33 new jobs. "Fairfax County is an ideal location for attracting and retaining an outstanding professional team necessary for operating Nodal Exchange and Nodal Clear, and we are thrilled to be able to continue to grow and further expand here. It is a wonderful location with a highly educated and diverse workforce," said Paul Cusenza, Chairman and CEO of Nodal Exchange and Nodal Clear. "It is also centrally located for our trading and clearing community and in close proximity to our regulators in Washington, D.C." Founded in 2007, Nodal Exchange is a derivatives exchange and a leader in innovation, having introduced the world's largest sets of electric power locational (nodal) futures contracts and environmental contracts. As part of EEX Group, a group of companies serving international commodity markets, Nodal Exchange currently offers over 1,000 power contracts on hundreds of unique locations, providing the most effective basis risk management available to market participants. The majority of U.S. power futures open interest is on Nodal Exchange with 1.43 billion MWh representing 57% market share as of the end of January 2025. In addition, Nodal Exchange offers natural gas and environmental contracts. All Nodal Exchange contracts are cleared by Nodal Clear, which is a CFTC (Commodity Futures Trading Commission) registered derivatives clearing organization and a wholly owned subsidiary of Nodal Exchange. Nodal Clear is also the clearing house for Coinbase Derivatives. Nodal Exchange is a designated contract market regulated by the CFTC. "Congratulations to Nodal Exchange on your expansion and thank you for being a vital part of Fairfax County's dynamic and innovative business community," said Fairfax County Board of Supervisors Chairman Jeffrey C. McKay. "Your groundbreaking work in energy and financial markets showcases the excellence that defines our community and inspires economic growth." "We are proud to celebrate Nodal Exchange's second expansion in Fairfax County in three years" said Victor Hoskins, president and CEO of Fairfax County Economic Development Authority (FCEDA). "Their achievements highlight the strength of Fairfax County as a hub for business excellence, and we look forward to seeing the continued impact that Nodal Exchange will have both on our local economy and community." FCEDA worked with the Virginia Economic Development Partnership (VEDP) to secure the project for Virginia. VEDP will support Nodal Exchange's job creation through the Virginia Jobs Investment Program (VJIP), which provides consultative services and funding to companies creating new jobs in order to support employee recruitment and training activities. As a business incentive supporting economic development, VJIP reduces the human resource costs of new and expanding companies. VJIP is state-funded, demonstrating Virginia's commitment to enhancing job opportunities for citizens. "Nodal Exchange's expansion in Fairfax County demonstrates Virginia's ability to attract and retain global financial technology leaders," said Governor Glenn Youngkin. "As North America's largest power futures exchange, Nodal Exchange showcases how international firms can thrive in the Commonwealth while developing innovative solutions for the world's energy markets. This expansion reinforces Virginia's position as a premier location for businesses at the intersection of finance and technology." ABOUT NODAL Nodal Exchange is a derivatives exchange providing price, credit and liquidity risk management solutions to participants in the North American commodities markets. Nodal Exchange is a leader in innovation, having introduced the world's largest set of electric power locational (nodal) futures contracts and the world's largest set of environmental contracts. As part of EEX Group, a group of companies serving international commodity markets, Nodal Exchange currently offers over 1,000 contracts on hundreds of unique locations, providing the most effective basis risk management available to market participants. In addition, Nodal Exchange offers natural gas and environmental contracts. All Nodal Exchange contracts are cleared by Nodal Clear which is a CFTC registered derivatives clearing organization. Nodal Exchange is a designated contract market regulated by the CFTC. View source version on Contacts NodalNicole Ricard ricard@ Fairfax County Economic Development AuthorityRobin Geiger rgeiger@ Sign in to access your portfolio
