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Centra’s $600M+ capital upgrades include new hospital tower
What’s expected to be a three-year, $400 million construction project is underway at Centra Lynchburg General Hospital (LGH). A new six-story tower will add 266,200 square feet to the hospital and marks the biggest portion of more than $600 million in recent capital investments by Centra Health, a regional nonprofit health system serving more than […]
Brown Edwards acquires Lynchburg-based accounting firm
Brown Edwards has acquired Lynchburg-based Shelton & Co., an accounting practice known for its construction industry expertise.
Schewels Home acquires Richmond-area Central Furniture
Lynchburg-based furniture retailer Schewels Home is opening its newest location in Henrico County following the acquisition of Central Furniture.
BWXT wins $174M naval contract
A BWX Technologies subsidiary has been awarded a $174 million contract from the U.S. Naval Nuclear Propulsion Program.
BWXT announces new chief strategy officer
BWX Technologies, a Lynchburg-based manufacturer of nuclear components and fuel has tapped Rik Geiersbach as its new chief strategy officer.
Amazon to build $16M+ distribution center in Amherst
Amazon.com Services has selected Amherst County for the site of a new 78,000-square-foot distribution facility.
BWXT launches subsidiary to deliver commercial nuclear fuel
BWXT launches a subsidiary, BWXT Advanced Fuels, to commercialize advanced nuclear fuel
Blue Ridge Beverage to move Lynchburg ops to Campbell
Blue Ridge Beverage will invest $10M to relocate its Lynchburg ops and 94 jobs to a new facility in Campbell County’s Seneca Commerce Park.
BWXT wins $2.6B in contracts for naval nuclear reactor components
The U.S. Naval Nuclear Propulsion Program has awarded BWX Technologies contracts totaling approximately $2.6 billion.
Officials envision new life for shuttered state campus
Summary CVTC closed in 2020, costing the region 1,600 jobs and $87M. Redevelopment plan envisions housing, retail, and light industry. Site includes 98 outdated buildings, many with asbestos. State allocated $6M for demolition to attract developers. [/box Lynchburg-area leaders want to see a second act for about 386 acres that were once home to the […]
Schewels Home acquires 100-year-old Petersburg retailer
Lynchburg retailer Schewels Home announced that it acquired Petersburg-based Butterworth’s Furniture, which has been in business since 1925.
June 2025 for the record
A monthly round up of the top business stories in the state of Virginia
