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Virginia Lottery reports record $3.26B in annual revenue
The Virginia Lottery posted an all-time record $3.26 billion in annual sales and a record $765 million in profits for the fiscal year that ended June 30, the lottery’s board announced Wednesday. The lottery saw a 52% increase in revenue and a nearly 30% increase in profits over the prior fiscal year. The introduction of […]
UK manufacturer to build $6.4M facility in Danville
MEP Ltd., a manufacturer of complex plastic and metal components for the aerospace and defense sectors, will invest $6.4 million to establish its first U.S. operation in Danville, creating 45 jobs, Virginia Gov. Ralph Northam announced Monday. The company, which will operate in the U.S. as Making Everything Possible LLC, will locate in the Cyber […]
Global manufacturer to move U.S. HQ to Danville/Pittsylvania area
Walraven Inc. will invest $7.15 million to relocate its U.S. headquarters and manufacturing operation from Cadillac, Michigan, to the Danville–Pittsylvania County area, creating 46 jobs, Virginia Gov. Ralph Northam announced Thursday. A manufacturer of installation systems such as pipe hangers and in-wall solutions for plumbing and mechanical applications, Walraven will move into the Cane Cr[...]
Danville’s White Mill to be redeveloped into mixed-use project
Danville’s Industrial Development Authority and The Alexander Co. are teaming up to redevelop the city’s White Mill on the Dan River as a mixed-use commercial and residential project, with $62.5 million invested in the first phase, city officials announced Monday. Local officials have long been seeking developers for the site. Interest in the building, which […]
Danville chamber announces winners of first pitch competition
On Monday, the Danville Pittsylvania County Chamber of Commerce announced it had awarded four businesses a total of $50,000 in order to open or expand in Danville and Pittsylvania County as part of the chamber’s new entrepreneurship competition. Called Rev Up Danville Pittsylvania, the entrepreneurship pitch competition was based on the River District Association’s Dream […]
A bend in the river
An out-of-town trip to visit colleges with her daughter gave Christie Wall an idea that several years later she hopes will benefit her and her hometown. For fun, Wall and her daughter tried out an escape room — an interactive adventure game that requires participants to solve a themed puzzle or challenge in order to […]
Developments perk up Danville
Danville City Council members faced a dilemma three years ago. Council members could pay up to $185,000 to demolish a crumbling stucco apartment building on Jefferson Avenue, or they could spend $75,000 in matching funds to augment a $125,000 grant from the Virginia Housing Development Authority to stabilize the property, which was declared unfit for […]
Averett University hires VP for philanthropy
Averett University announced Wednesday it has hired Melissa Wohlstein as vice president for philanthropy, effective Tuesday. Wohlstein has nearly 20 years of experience in higher education settings. She most recently served as the associate vice president of development at Hollins University. “With her existing connections to Virginia and her commitment to Averett’s mission, she will [&hel[...]
Construction begins on $25.5M Danville manufacturing center
The Institute for Advanced Learning and Research (IALR) announced Tuesday it has broken ground on a $25.5 million, 51,250-square-foot manufacturing center on its Danville campus. The Center for Manufacturing Advancement (CMA) will offer space for manufacturing companies establishing or expanding their presence in Southern Virginia. The project is funded by the commonwealth of Virginia and [&hellip[...]
Caesars delivers $15 million payment to city of Danville
Danville city officials accepted a $15 million initial payment from Caesars Entertainment Inc. on Wednesday, the first installment of $20 million the company pledged to pay the city after receiving approval from city voters to build a $400 million casino and resort in Danville‘s Schoolfield area by 2023. Las Vegas-based Caesars promised an up-front payment […]
Danville Utilities completes 14MW solar project
Danville Utilities, in partnership with Edison, New Jersey-based CS Energy LLC, Hingham, Massachusetts-based Navisun LLC and Denver-based TurningPoint Energy, announced Tuesday it has completed a 14-megawatt utility-scale solar project in Danville — the city’s largest solar development to date. The 100-acre project, which began construction in December 2019, is estimated to generate 23,551[...]
Danville Community College announces Morgan Olson collaboration
Danville Community College (DCC) on Thursday announced a collaboration agreement with North America’s largest walk-in van manufacturer, Morgan Olson LLC, for training and talent development. Working with the Virginia Talent Accelerator Program and the Virginia Economic Development Partnership (VEDP), DCC and Morgan Olson developed a comprehensive training program to bolster a talent pipeline[...]
