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economic development

Hard Rock Bristol goes all-in for grand opening
Nov 29, 2024

Hard Rock Bristol goes all-in for grand opening

The bright lights of Bristol shine considerably brighter following the opening of Virginia’s second full-fledged casino. The Nov. 14 grand opening of the $515 million-plus Hard Rock Hotel & Casino Bristol, Virginia’s first hotel/casino combo, was grand indeed. Symphonies of sounds, from music to slot machines, indicated the site’s time for business had arrived. “This [&hell[...]

A United Airlines Airbus A321neo. The plane is in flight, pictured against a clear sky, and bearing the United logo. Photo courtesy United Airlines
Nov 25, 2024

United begins building $16M training center in Fairfax County

United Airlines has started construction on a $16 million inflight training center in Fairfax County, the county’s economic development authority announced Monday. The 20,000-square-foot facility near the airline’s hub at Washington Dulles International Airport, which straddles the Fairfax and Loudoun county lines, is expected to open in 2025. “We are excited and honored that United [...]

Carolina Structural Systems to establish Greensville plant
Nov 25, 2024

Carolina Structural Systems to establish Greensville plant

Carolina Structural Systems, a company that manufactures custom wood trusses and other structural products, will invest $5.5 million and create an estimated 58 jobs in Greensville County, Gov. Glenn Youngkin announced Monday. Based in North Carolina, Carolina Structural Systems plans to construct a 40,000-square-foot manufacturing facility in the Greensville County Industrial Park in Emporia, and [...]

Defense/public safety tech manufacturer moving to SWVA
Nov 22, 2024

Defense/public safety tech manufacturer moving to SWVA

Wrap Technologies, an Arizona-based public safety and defense technology company, is locating its manufacturing and distribution base in Norton’s Project Intersection industrial park, Gov. Glenn Youngkin announced Friday. The company will occupy a new, 20,000-square-foot building at Project Intersection, where U.S. Route 23 and Highway 58 meet. In August, a $10.4 million EarthLink call cente[...]

An aerial view of Super Radiator Coils' Chesterfield County facility. Photo courtesy Super Radiator Coils
Nov 15, 2024

Specialty coils manufacturer to expand in Chesterfield

Super Radiator Coils, an engineering and manufacturing company based in Minnesota, will invest $22 million to expand in Chesterfield County, creating an estimated 160 jobs, Gov. Glenn Youngkin’s office announced Friday. The company will upgrade machinery and add about 80,000 square feet to its existing approximately 160,000-square-foot facility at 451 Southlake Blvd. The plant has […]

Hard Rock executives and partners participate in the company's "guitar smash" during the grand opening of the permanent Hard Rock Hotel & Casino Bristol on Nov. 14. Photo courtesy Hard Rock
Nov 14, 2024

Permanent Hard Rock Bristol casino opens

The bright lights of Bristol shine considerably brighter now following the opening of Virginia’s second full-fledged casino. Thursday heralded the grand opening of the $515 million-plus Hard Rock Hotel & Casino Bristol, Virginia’s first hotel/casino combo. Symphonies of sounds, from music to slot machines, indicated the site’s time for business had arrived. “This brand is [[...]

Virginia Gov. Glenn Youngkin, state Secretary of Commerce and Trade Caren Merrick and Microporous CEO John Reeves were among officials participating in a Nov. 13, 2024, ceremonial groundbreaking for Microporous' lithium-ion battery plant at the Southern Virginia Megasite at Berry Hill in Pittsylvania County.
Nov 13, 2024

Pittsylvania megasite wins $1.3B battery separator project

Tennessee-based Microporous will invest $1.3 billion to build its battery separator manufacturing facility at the Southern Virginia Megasite at Berry Hill in Pittsylvania County, Gov. Glenn Youngkin announced Wednesday. The company expects the project to create 2,015 jobs. The megasite’s first tenant, Microporous will develop Lot 1 at the park in two phases, with each […]

Aerial view of buildings.
Nov 7, 2024

Developer downscales plans for Pittsylvania power plant/data center campus

The developer planning a natural gas power plant and data center campus on 2,233 acres in the Banister and Callands-Gretna districts of Pittsylvania County withdrew its rezoning application Monday, after facing vocal opposition from residents at public meetings held last week.  Instead, Herndon-based Balico, the development company behind the project, intends to file a rezoning […]

Caesars Virginia casino sets opening date
Nov 7, 2024

Caesars Virginia casino sets opening date

The Caesars Virginia resort casino in Danville will open Dec. 12, Nevada’s Caesars Entertainment announced Thursday. A $750 million, 587,000-square-foot casino and resort hotel in Danville’s Schoolfield neighborhood, the permanent casino will replace the temporary Caesars casino that opened nearby in May 2023. According to Thursday’s announcement, the new casino — which will be[...]

A rendering of the proposed power plant and data center campus planned for Pittsylvania County. Courtesy Balico
Nov 1, 2024

NoVa developer won’t pull plans for Pittsylvania power plant, data centers

Despite vocal public opposition, developer Irfan Ali of Herndon-based company Balico says he’s still moving forward with seeking local government approval for a power plant and data center campus he wants to build on 2,233 acres in the Banister district of Pittsylvania County.  County residents turned out in large numbers for two public meetings about […]

Several electronic products
Nov 1, 2024

Avionics manufacturer will invest $5M on Reston office and R&D facility

CMC Electronics, a Montreal-based avionics manufacturer, will invest $5 million to establish an office and research and development facility in Reston, Gov. Glenn Youngkin announced Friday. Initially, the project will create 89 jobs, with more positions expected as operations increase, according to the governor’s office. “This creation of new high-tech jobs demonstrates the strength of [&h[...]

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Oct 31, 2024

All in good time

For decades, the promise of economic revitalization has tantalized Southwest Virginia. The sparsely populated region, once home to booming coal mining and tobacco industries, has had money and resources thrown at it by local, state and federal governments, but it’s still had a difficult time finding its footing. As the region’s economy has declined, so […]

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