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Richmond law firm no longer represents Martinsville
Richmond law firm Sands Anderson no longer represents the City of Martinsville as legal counsel.
Henry County partners with developer on shell building
Henry County partners with Marlboro Development Team to build a $10 million industrial shell building at Patriot Centre Industrial Park.
United Felts to acquire German manufacturer BKP
Martinsville-based United Felts announced last week that it has acquired German manufacturer BKP Berolina Polyester.
Martinsville bank sells Justice family’s overdue loans to Omni Hotels entity
Carter Bankshares sold $209.48 million in past-due loans tied to the Justice family to a subsidiary of TRT Holdings, owner of Omni Hotels & Resorts.
Six nursing facilities in western Virginia apparently sold to California investor
CareTrust REIT appears to have acquired six skilled nursing facilities in western Virginia for about $142 million.
Hooker Furnishings closes $6.1M sale of two brands
Hooker Furnishings has sold its Pulaski Furniture and Samuel Lawrence Furniture brands to Magnussen Home Furnishings for approximately $6.1 million.
Hooker Furnishings to sell two brands for $4.8M
Martinsville-based Hooker Furnishings is selling two case goods brands to Magnussen Home Furnishings for approximately $4.8 million.
Hooker Furnishings CAO to depart in cost-cutting plan
Hooker Furnishings is parting ways with its chief administration officer as part of its ongoing cost-cutting initiatives.
Nathan Trotter plans $65M tin processing plant in Southern Virginia
Nathan Trotter will invest $65M in a Henry County tin processing facility, creating 118 jobs and boosting the U.S. critical minerals supply chain.
Not wasting away: Hooker Furnishings to launch Margaritaville collection
Hooker Furnishings will launch the Margaritaville home collection at High Point Market, thanks to an exclusive licensing partnership.
Hooker restructuring targets $25M savings by FY27
Hooker Furnishings launches restructuring to cut $25M in fixed costs by FY27, closing warehouses and expanding overseas operations for savings.
U.S. Cellular to lay off 95 Va. employees due to T-Mobile merger
U.S. Cellular will lay off 95 workers in Virginia in June, according to a post on the Virginia Department of Workforce Development’s website Friday. The Chicago-based U.S. Cellular’s wireless operations will be sold to T-Mobile for $4.4 billion, the companies announced in May 2024, and U.S. Cellular plans to lay off 4,100 employees nationally, according […]
