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ODU and IALR to launch manufacturing engineering tech degree
Old Dominion University will launch Virginia’s first four-year degree in manufacturing engineering technology (MfgET) at its Norfolk campus and a satellite campus at The Institute for Advanced Learning and Research (IALR) in Danville, the university announced Thursday. “This partnership reinforces Old Dominion University’s commitment to workforce development and leadership in the mar[...]
ValleyStar Credit Union names 3 new execs
Martinsville-based ValleyStar Credit Union has named three new executives to its leadership team. Justin Barnes will be the credit union’s chief lending officer, Mendy Shaffer will be interim chief financial officer, and Robert Sparrow will be chief risk officer. Barnes began his financial services career in 1999 and has spent 23 years in lending, according […]
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 […]
UK race car maker taps into Martinsville talent
College students in Martinsville can get on the fast track to careers with British race car manufacturer Radical Sportscars. In May, the Peterborough, England-based company opened its first U.S.-based sales office at Patrick & Henry Community College‘s Manufacturing and Engineering Technology Complex, close to the school’s Racing College of Virginia. That will be followed in [&hell[...]
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 […]
ValleyStar Credit Union names new CEO
Martinsville-based ValleyStar Credit Union hired Mike Warrell as CEO, it announced Wednesday. “As ValleyStar strengthens relationships and builds upon its digital integration, Mike Warrell was the clear choice to move the credit union forward,” ValleyStar Chairman James Rorrer said in a statement. “He has the experience and deep understanding needed to optimize member engagement and [...]
The Lester Group names new executive
The Lester Group has tapped Kevin Silveira to lead its building supply group and Fredericksburg-based Fortress Door Co., the Martinsville-based real estate and building materials company announced May 6. Silveira leaves a 19-year career at National Lumber Co., where he started as account manager and most recently served as vice president of sales. As vice […]
VEDP, Martinsville receive $3.9M in federal grants
The city of Martinsville and the Virginia Economic Development Partnership have been awarded $3.9 million in federal CARES Act grants to boost economic development during the downturn related to the COVID-19 pandemic, the U.S. Department of Commerce announced Thursday. Martinsville will receive a $3 million grant from the Commerce Department’s Economic Development Administration to expand [&[...]
Martinsville credit union names chief information officer
Martinsville-based ValleyStar Credit Union announced Thursday it has hired Cheri Spence as its first chief information officer. Spence joined the ValleyStar board of directors in 2019 as the result of a merger with Entrust Financial Credit Union, where she served as chairwoman. She most recently served as vice president and CIO of Richmond-based nonprofit ChildFund. […]
Laminating company to add 42 jobs in Henry County
Custom laminating company Laminate Technologies Inc. will invest $4 million to expand its Henry County facility in Ridgeway, creating 42 jobs, Gov. Ralph Northam announced Friday. The company’s manufacturing facility, which opened in 2012, is located at 775 Industrial Park Drive, where an automated hardwood plywood press line will be installed to increase its capacity […]
Martinsville apartment complex sells for $2.52M
An apartment complex in Martinsville sold for $2.525 million, Cushman & Wakefield | Thalhimer announced Thursday. Located at 16 Molly Circle, the Wellington Manor Apartments includes 62 town house-style units. The property was sold by TP Two LLC and Wellington Inc. to Wellington Manor Apartments LLC. The complex is located directly off of U.S. Route […]
Martinsville consulting firm names VP operations
Martinsville-based manufacturing business consulting firm Genedge announced Tuesday that Anthony “Tony” Cerilli has been promoted to vice president of operations. In his new role at the company’s Newport News office, he will be responsible for customer fulfillment. He will also oversee all client engagement between staff and third-party providers. Cerilli was most recently Genedge̵[...]
