Sign In
Free Newsletter
Dominion pitches new solar projects to SCC
Dominion Energy is pitching the State Corporation Commission on several solar projects that could generate enough carbon-free electricity to power nearly 200,000 homes. The projects, presented in the Fortune 500 utility’s fourth annual clean energy filing with the state, include six solar projects totaling 337 megawatts and 13 power purchase agreements totaling 435 megawatts with […]
Monogram Foods expands Henry County footprint
Responding to demand for more jerky and meat sticks, the Monogram Foods plant in Henry County has a $65 million expansion underway. Memphis-based Monogram Foods’ decision to expand the operation also factored in existing infrastructure and production expertise, says Scott Mills, executive vice president and snacking division president, calling Martinsville “a thriving community with a [&he[...]
Manufacturing 2023: ROBERT H. SPILMAN JR.
Spilman, who has been CEO of home furniture manufacturer and seller Bassett Furniture since 2000, said in March that the company has fulfilled a large backlog of orders and subsequent supply chain disruptions created during the pandemic. In the second quarter, consolidated revenue declined by 22% compared with last year, although the reported $100.5 million […]
Polish glass fabricator expanding in Henry County
Poland-based Press Glass Inc. will spend more than $155 million to expand its operations in Henry County and add 335 jobs, marking the largest expansion in the county’s history, Gov. Glenn Youngkin announced Wednesday. The largest independent glass fabricator in Europe, according to a news release, Press Glass will construct a 360,000-square-foot addition at its […]
Commonwealth Crossing plays ‘long game’ for success
Commonwealth Crossing Business Centre’s first two tenants — Polish flat-glass processor Press Glass Inc. and Pennsylvania-based aluminum beverage can manufacturer Crown Holdings Inc. — have invested at least $218 million into facilities at the industrial park in Henry County, creating about 400 jobs, according to Mark Heath, president and CEO of the Martinsville-Henry County Economic [&h[...]
Moving in
Southern Virginia is laying out the welcome mat for a growing number of companies seeking to locate in areas with lower taxes, better proximity to supply chains, a skilled workforce and improved quality of life. During 2022, a variety of businesses, ranging from an automotive education and entertainment firm to a moving and transit company, […]
21 Va. industrial sites awarded $90M for development
Virginia Gov. Glenn Youngkin announced $90 million in grants for the development of 21 industrial sites across the state Monday, helping localities get shovel-ready for big economic development projects. The two biggest winners are Chesterfield and Henry counties, which received $25 million and $22.2 million respectively from the Virginia Business Ready Sites Program (VBRSP), which […]
Making headway
Corporate investments are on the upswing in Southern Virginia, along with a desire to increase production, says Linda Green, executive director of the Southern Virginia Regional Alliance. “People have a lot of pent-up demand, and companies are responding to that,” she says. “We have lots of interest and activity.” Companies are choosing Southern Virginia for […]
J.B. Hunt to acquire Bassett Furniture subsidiary for $87M
A subsidiary of Lowell, Arkansas-based transportation company J.B. Hunt Transport Services Inc. has entered into a definitive agreement to acquire a subsidiary of Bassett-based home furniture manufacturer and marketer Bassett Furniture Industries Inc. for $87 million, the companies announced Monday. J.B. Hunt Transport Services’ wholly owned subsidiary, J.B. Hunt Transport Inc., will acquire[...]
VF Corp. to create 82 jobs in Henry County
Denver-based apparel and footwear company VF Corp. will create 82 jobs with a $10.2 million expansion within Henry County, Gov. Ralph Northam announced Thursday. The company will make upgrades within its 500,000-square-foot facility in Martinsville to increase distribution capacity and speed. “VF Corp. has thrived in Henry County for nearly 20 years, and we are […]
German manufacturer bringing 355 jobs to Henry County
Schock GmbH, a German quartz composite sink manufacturer, plans to build an $85 million manufacturing facility in Henry County, creating 355 jobs, Gov. Ralph Northam announced Tuesday. Virginia competed with Florida, Georgia and North Carolina for the project, which will occupy a 95,500-square-foot shell building on 14.7 acres in Patriot Centre Industrial Park. Northam met […]
Crown Holdings to build $145M aluminum can factory in Henry County
Yardley, Pennsylvania-based metal packaging tech company Crown Holdings Inc. will establish a $145 million aluminum can manufacturing operation in Henry County, creating 126 jobs, Gov. Ralph Northam announced Thursday. The company will build the 355,000-square-foot facility to be used for aluminum beverage can production in the Commonwealth Crossing Business Centre. Founded in 1892, the Fortune [&[...]
