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Recent Articles from Paul Bergeron
Southwest Va. Big Deal: Land ho!
The largest business deal announced during the past year in Southwest Virginia is an agreement between Dallas-based Fortune 100 natural gas and propane pipeline transport company Energy Transfer, Virginia’s nonprofit Energy DELTA Lab and Wise County to develop energy infrastructure in the region. Under the agreement, the partners will work with energy companies and electric […]
Southwest Va. Year-in-Review: A wide range
A local connection helped bring an impactful business project to Southwest Virginia. Daniel Kennedy, who was born and spent his early days in St. Paul, was instrumental in bringing home one of the largest manufacturing deals in years. Data center storage rack manufacturer Tate struck a deal in early November 2023 to occupy a long-vacant, […]
Wytheville rubber glove facility is on hold
After a federal financing package fell through, construction of Blue Star NBR’s medical glove plant in Wytheville has stalled. Now, Blue Star needs $230 million to start operations, says CEO Scott Maier. “It seems silly for all of this to fall to the wayside,” he says. “We don’t want to just sit and twiddle our […]
Pulaski startup aims to turn pollutants into profit
Where some people see pollutants, Steve Critchfield sees the potential for profit and to improve the environment. As founder and president of Pulaski-based MOVA Technologies, Critchfield developed and patented a filter about the size of a refrigerator that captures selected air pollutants and breaks them into byproducts that can be sold and reused. It’s based […]
Danville considers new rules for short-term rentals
Amid a boom in local short-term residential rentals like Airbnbs, Danville officials are examining ways to regulate the practice. Caesars Entertainment opened its temporary Danville Casino in May, drawing some area visitors. Additional factors driving short-term rentals, speculates Danville City Manager Ken Larking, may include construction on local projects such as the $100 million White [&hellip[...]
The times they are a-changin’
Talk of a looming recession has seemed endless for the past few years. However, with their eyes on long-term retirement investments, many wealth management advisers’ clients have avoided dramatic, emotion-driven decisions. Educated and guided by advisers, they understand the cyclical nature of investing and therefore are considering varying options on where to put their money. […]
