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Lynchburg’s BWXT unveils Innovation Campus
On Wednesday, Gov. Glenn Youngkin, federal and state officials and executives, engineers and employees of Lynchburg-based BWX Technologies gathered to celebrate the official opening of the nuclear company’s new Innovation Campus. “The IQ level in this room is really high,” Youngkin joked. Set on 11 acres in Campbell County, BWXT‘s Innovation Campus (which shares a […]
Appalachian Power plans small nuclear reactor in Campbell
Appalachian Power, an electric utility subsidiary of American Electric Power which serves more than one million customers in Virginia, West Virginia and Tennessee, announced plans Nov. 14 to bring a small modular nuclear reactor (SMR) project to Campbell County. The company, which has its headquarters in Charleston, West Virginia, has identified a potential site for […]
Appalachian Power plans small nuclear reactor in Campbell
Appalachian Power, an electric utility subsidiary of American Electric Power which serves more than one million customers in Virginia, West Virginia and Tennessee, announced plans Thursday to bring a small modular nuclear reactor (SMR) project to Campbell County. The company, which has its headquarters in Charleston, West Virginia, has identified a potential site for the […]
VATI awards $41M in broadband grants to localities
The Virginia Telecommunications Initiative, which funds broadband extension to unserved areas, will provide more than $41 million in grants to 10 broadband construction projects that will serve Virginians in 20 localities, Gov. Glenn Youngkin announced Wednesday. “Virginia continues to be a national leader for closing the digital divide, and today’s announcement brings us one step [&hell[...]
Campbell County moves forward on spec industrial building
Campbell County is moving forward with plans to build a $11 million, 100,000-square-foot spec industrial building at Seneca Commerce Park in Rustburg, the county announced on Tuesday. It’s the largest project the county’s economic development department has tackled in a decade, according to a news release. The work will include clearing, grading and site preparation […]
Foster Fuels wins potential $442M FEMA contract
Brookneal-based fuel delivery provider Foster Fuels has won an up to $442 million contract to provide emergency services to the Federal Emergency Management Agency. Under the five-year Defense Logistics Agency Energy (DLA) contract, which the Defense Department announced May 15 and Foster Fuels announced Tuesday, Foster Fuels will be the prime contractor for emergency fuel […]
Campbell County apartments sell for $4.3M
Moss Creek Apartments in the Campbell County community of Forest has been sold for $4.3 million, Cushman & Wakefield | Thalhimer announced earlier in May. The property includes 15 quad buildings built in 1984 and 60 two-bedroom apartments. Heights Properties LLC acquired the property from Moss Creek Apartments LLC on May 3 and plans to […]
BWXT to invest $65M in new Campbell County campus
Lynchburg-based nuclear components and fuel supplier BWX Technologies Inc. (BWXT) will build out and upfit a center for manufacturing and research and development adjacent to its Campbell County facility, creating 97 jobs, Gov. Ralph Northam announced Friday. The Fortune 1000 company plans to invest $65 million over the next three years, a Virginia Economic Development […]
Rustburg shopping center sells for $4.7M
Rustburg Marketplace, a 46,700-square-foot grocery-anchored shopping center at 1051 Village Highway in Rustburg, has sold for $4.7 million. Anchored by a Food Lion, the shopping center’s other major tenants include Family Dollar and Virginia ABC. The Kent Mall LLC purchased the strip mall, which sits on 8.55 acres, from Rustburg Ventures LLC. S. L. Nusbaum […]
Campbell County shopping center sells for $4.7M
A Campbell County shopping center sold for $4.7 million Monday, S.L. Nusbaum Realty Co. announced Tuesday. The Kent Mall LLC, a Pennsylvania-based real estate investment company, purchased Rustburg Marketplace, a 46,700-square-foot shopping center, from Rustburg Ventures LLC of Richmond. Anchored by Food Lion, the shopping center is 100% occupied and has nine local and national […]
