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economic development

Buc-ee’s could open first Va. store in New Kent
Jul 25, 2023

Plans revealed for second Buc-ee’s Va. location

Buc-ee’s appears to be planning its second Virginia location, this time along Interstate 81 in Rockingham County near Mt. Crawford. According to a post on the county’s Facebook page, Buc-ee’s, the Texas-sized travel center chain, has applied for a special use permit for review and approval of a proposed sign plan. The Texas-based retailer is […]

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Jul 24, 2023

Nanotech company to invest $2.9M in C-ville expansion

Laser Thermal, a nanotechnology company spun out of the University of Virginia, will spend $2.9 million and add 28 jobs at its manufacturing, research and development facility in Charlottesville, Gov. Glenn Youngkin announced Monday. The company provides testing services to companies wanting to understand thermal properties at the device level, such as semiconductor companies seeking […]

Jul 19, 2023

Rail equipment manufacturer to expand in Salem

Wabtec Corp. is investing $2.7 million to expand its existing facility in Salem, adding 38 jobs, Gov. Glenn Youngkin announced Wednesday. Headquartered in Pittsburgh, Wabtec provides equipment, systems, digital solutions and other services for freight and transit rail globally. The expansion will accommodate the relocation of its pneumatically controlled braking systems manufacturing lines within [...]

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Jul 18, 2023

Va. semiconductor alliance powers forward

Virginia’s initiative to become a bigger part of the country’s burgeoning semiconductor chip industry charged forward Tuesday with the public launch of an alliance intended to unite academia and businesses in developing talent and establishing manufacturing and research facilities. Announced in April by Gov. Glenn Youngkin, the Virginia Alliance for Semiconductor Technology, or VAST, l[...]

Richmond riverfront amphitheater gets green light
Jun 29, 2023

Richmond riverfront amphitheater gets green light

Construction could begin this summer on a $30 million, 7,500-person amphitheater overlooking the James River. On June 12, Richmond City Council approved a 20-year performance grant that gives Red Light Ventures LLC the green light to build its proposed amphitheater on four acres of land it will rent from NewMarket Corp. behind the American Civil […]

Danville City Council member Lee Vogler encouraged The Palace Resort RV park to come to Danville after Pittsylvania County passed on the project. Photo by Hannah King
Jun 29, 2023

Luxury RV park sets sights on Danville

Danville visitors could soon be setting up camp at the area’s first luxury RV park if City Council approves a special use permit for The Palace Resort, a project that could generate $1.3 million in annual city tax revenue. The matter was set to go before Danville City Council on June 20, following the planning […]

Nurse training partnership to help with instructor shortages
Jun 29, 2023

Nurse training partnership to help with instructor shortages

Shenandoah University, Valley Health and the Virginia Hospital & Healthcare Association have teamed up to tackle the Shenandoah Valley region’s nursing shortage by creating a program that can be replicated statewide. Called NextGen Nurses, the program will use semi-retired and retiring nurses as preceptors — experienced licensed clinicians who serve as teachers and coaches — [&hellip[...]

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Jun 29, 2023

Fairwinds Landing project breaks ground in Norfolk

Developers broke ground Thursday morning on the Fairwinds Landing maritime operations and logistics center supporting Hampton Roads’ offshore wind, defense and transportation industries.  The development project at Norfolk Southern Corp.’s Lambert’s Points Docks in Norfolk is being spearheaded by Fairwinds Landing LLC, a partnership between The Miller Group, Balicore Constructio[...]

Jun 29, 2023

Biomass company to expand in Wythe County

Musser Biomass and Wood Products will invest $7.5 million to expand operations in Wythe County and add 10 jobs, Gov. Glenn Youngkin announced Wednesday afternoon. The company, a division of Musser Lumber Co., will more than double production of dried hardwood chips and sawdust that the company supplies to composite decking manufacturers, plastic extrusion companies, […]

Zim announces $30M expansion
Jun 20, 2023

Zim announces $30M expansion

Zim American Integrated Shipping Services Co. LLC will invest $30 million to expand its U.S. headquarters in Virginia Beach, creating several hundred jobs over the next five years, Gov. Glenn Youngkin announced Tuesday. The expansion includes a move from Norfolk, where the company has had its U.S. headquarters since 2001. Zim is a publicly-held subsidiary […]

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Jun 16, 2023

Buc-ee’s to open in New Kent by 2025

It’s official. Buc-ee’s, the Texas-size travel center chain, completed its purchase of property in New Kent County and will open its first Virginia location in the next two years, with three more slated across the state, S.L. Nusbaum Realty Co. said in a news release. A groundbreaking date for the New Kent site has not […]

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Jun 12, 2023

Richmond riverfront amphitheater gets green light

Red Light Ventures LLC’s $30 million, 7,500-person riverfront amphitheater received a green light Monday from Richmond City Council, which approved a performance grant that paves the way for construction of the proposed music and performance venue to start as soon as this summer. With plans to host up to 35 major acts annually, Red Light […]

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