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economic development

Tazewell metal manufacturer to create 40 jobs in expansion
Apr 15, 2021

Tazewell metal manufacturer to create 40 jobs in expansion

No comment yet from Ozzy Osbourne or AC/DC, but Tazewell County-based heavy metal manufacturer Lawrence Brothers Inc. is set to expand, creating 40 jobs with a $3.2 million investment, the governor’s office announced Thursday. The family-owned company plans to upgrade and modernize its equipment at the Lawrence Road facility, which will double production, Gov. Ralph […]

Apr 14, 2021

Rockingham County produce stand expands to 27-acre facility

Mount Crawford-based Overlook Produce and Farm Adventures will invest more than $850,000 to construct a produce packing facility and retail market pavilion on a 27-acre site in Rockingham County, according to an announcement Wednesday from Virginia Gov. Ralph Northam. Located off Interstate 81’s Exit 240, the facility will replace Overlook Produce’s roadside produce stand and […[...]

Apr 13, 2021

International logistics company announces $61M Norfolk expansion

Katoen Natie Norfolk Inc., a plastics and polymers warehousing and distribution company, plans to expand its operation in Norfolk, investing $61 million and creating 35 jobs, the governor’s office announced Tuesday. A subsidiary of Belgian logistics service provider Katoen Natie, the Norfolk company was established in 2011 at the former Ford Motor Co. assembly plant […]

Apr 8, 2021

German auto parts maker to build $38M Wythe County factory

German auto parts manufacturer STS Group AG will invest $39 million to establish its first U.S. manufacturing operation in Wythe County’s Progress Park industrial park, creating 120 jobs, Virginia Gov. Ralph Northam announced Thursday. Located near Wytheville, the new facility, operating as a subsidiary of STS Group North America, will supply Volvo Trucks in Pulaski […]

Apr 8, 2021

Telecom company SES building $17M facility in Prince William

Luxembourg-based telecommunications company SES will invest $17 million in a new U.S. hub facility in Prince William County facility where it will merge its satellite and network operations, Virginia Gov. Ralph Northam announced Thursday. The facility is expected to create up to 200 net jobs by 2026. “In consolidating our local SES satellite and network […]

Oransi manufacturing site in Radford. Photo courtesy Onward New River Valley
Apr 7, 2021

N.C. air purifier manufacturer will build $5.6M plant in Radford

Oransi, a Raleigh, North Carolina-based manufacturer of air purifiers, will invest $5.6 million to establish a manufacturing facility in Radford, creating 101 jobs, according to an announcement Wednesday from Virginia Gov. Ralph Northam. “Oransi is very pleased to establish its first manufacturing facility in the city of Radford to develop and manufacture our best-in-class air […]

A Carvana inspection center in Phoenix. Photo courtesy Carvana
Apr 6, 2021

Carvana proceeds with $25M Chesterfield facility

After putting its plans in neutral, online used car retailer Carvana announced Tuesday that it plans to break ground this quarter on a $25 million, 191,000-square-foot vehicle inspection and reconditioning facility in Chesterfield County. The project could bring more than 400 jobs to the county, economic development officials said in the announcement. Carvana first announced […]

Aerial view of proposed Rivana at Innovation Station development. Rendering courtesy Loudoun Economic Development
Mar 31, 2021

Loudoun announces major mixed-use development along Silver Line

Loudoun Economic Development unveiled plans Wednesday for Rivana at Innovation Station, a 4.4 million-square-foot mixed-use development adjacent to Metro’s Silver Line extension on a site Loudoun once proposed for Amazon.com Inc.’s HQ2 East Coast headquarters. Rivana is the first phase of Innovation Station, a 103-acre development to be built on the border of Fairfax and […]

Christie Wall opened Grizzly’s Hatchet House and River City Escapes in downtown Danville’s River District in August 2019. Photo by Mark Rhodes
Mar 30, 2021

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 […]

Jared Chalk, Norfolk economic development director, says Military Circle is a top redevelopment site for the mid-Atlantic region. Photo by Mark Rhodes
Mar 30, 2021

Military Circle redevelopment could include arena

Four groups — including mid-Atlantic developers, entertainment and sports figures, concert promoters and arena operators — are competing for a chance to redevelop Norfolk’s aging Military Circle Mall into a mixed-use community. Overhauling the struggling mall has long been on the city’s to-do list, but the project was jump-started last year when the Norfolk Economic […]

Danville developer Jason Wilson plans to refurbish a nearly century-old apartment building that’s currently uninhabitable. Photo by Hannah King
Mar 30, 2021

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 […]

Mar 30, 2021

Richmond supports restaurants with ‘Picnic in a Parklet’

Two Richmond restaurants will see their on-street parking lanes become outdoor dining areas this week to serve customers, spark business and encourage safer and socially distanced spaces. The dining areas are part Richmond city government’s “Picnic in a Parklet” pilot program, a partnership between the city and downtown booster Venture Richmond, according to a March […]

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