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Hyundai dealership to open in Roanoke County
A Hyundai sales and service facility is coming to Roanoke County, car dealership group Southern Team Automotive Group announced Tuesday. The 30,000-square-foot facility will be located at 7300 Williamson Road in the Hollins area in northern Roanoke County. The two-story showroom and facility will have DC fast-charging stations for electric vehicles. Construction is set to […]
Tysons tech firm announces $100K expansion
Tysons-based Easy Dynamics Corp. will invest $100,000 to expand operations and create 61 jobs, Gov. Glenn Youngkin announced Monday. Easy Dynamics is a technology services provider that focuses on cybersecurity, cloud computing and information sharing. New jobs include software engineers, business analysts, project managers and other business support roles. “Northern Virginia has emerged as one [...]
Sign manufacturer to open facility in Bluefield
Chicago-based custom sign manufacturer Signco Inc. will invest $650,000 to take over the former MC Signs facility at 334 Industrial Park Road in Bluefield, Gov. Glenn Youngkin announced Friday. Signco, which is owned by Anthony Morrone and Vince Sclafani, expects to hire 19 workers at the facility. “Signco’s technology and custom product specifications are advancing […]
Alarm.com to expand Fairfax HQ, create 180 jobs
Alarm.com will expand its technology research and development division at its Fairfax headquarters, investing $2.6 million and creating 180 jobs, Gov. Glenn Youngkin announced Monday. The technology company already has several hundred workers in Virginia and will create additional engineering positions within its research and development division with this expansion. “Every day companies mak[...]
Compounding interest
The Roanoke Valley enjoyed a constant stream of nibbles from prospective corporations considering the area in 2021, according to John Hull, executive director of the Roanoke Regional Partnership, which promotes development in four counties and three cities. “I don’t think we’ve ever been this busy in terms of interest and activity,” Hull says. “It’s just […]
Retaining walls
With COVID-19 limiting travel and site visits for companies considering coming to Hampton Roads, economic development officials focused on shoring up existing businesses in 2021. That strategy appears to have paid off, judging by the number of companies expanding throughout the region. “2021 has been a banner year for us,” says Norfolk Economic Development Director […]
Signs of promise
A second year of COVID came and went, but 2021 proved more fruitful and less uncertain for businesses in Northern Virginia, where vaccination rates were the highest in the commonwealth. Work on Amazon.com Inc.’s $2.5 billion-plus HQ2 East Coast headquarters in Arlington County is forging ahead, and economic development officials say they continue to see […]
Finding new solutions
Movers and shakers in Southwest Virginia wanted to try a new approach to economic development. The stakes were (and are) high. Naturally, the decline of the coal industry had a devastating impact on Virginia’s coalfields. The Appalachian Regional Commission classifies four counties in Southwest Virginia — Buchanan, Dickenson, Lee and Wise — as economically distressed. […]
‘Behind the eight ball’
David Manley had a good feeling. The site visit was going well. During their spring 2021 tour of the Progress Park industrial site in Wytheville, the leaders of a manufacturer of nitrile gloves — those blue, disposable pieces of personal protective equipment that have become ubiquitous during the pandemic — seemed intrigued by the prospect of the […]
In the big leagues
Central Virginia continues to attract pharmaceutical companies, advanced manufacturing sites and distribution centers, with 2021 seeing several major deals from companies that will bring large footprints to the region. Richmond was the leader in the clubhouse, with the city occupying half of the spots on the region’s list of the 10 biggest deals of 2021, […]
Complicated history
Rochester, New York-based supermarket chain Wegmans Food Markets Inc. is building a $175 million distribution center and regional headquarters near the intersection of Sliding Hill and Ashcake roads in Hanover County. The 1.1 million-square-foot facility is expected to create roughly 700 jobs, making it one of the most significant economic development projects in county history. […]
Return to form
In terms of business activity and economic development wins, 2021 turned out to be a stellar year for the Shenandoah Valley. “We have exceeded what we anticipated from a business activity perspective,” says Jay Langston, executive director of the Shenandoah Valley Partnership, which promotes economic development from Shenandoah County to Rockbridge County. “When government shut […]
