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Trump 2.0 could impact state business climate
For millennials and hipper Gen X-ers, here’s a question: Are you feeling like the “This is fine” dog in the burning kitchen? And for the Boomers, can we offer you the image of a frog sitting in a pot of quickly heating water? Even if neither image makes sense, this much is clear: There’s a […]
Kaine, Warner respond to Trump White House rescinding spending freeze memo
The White House budget office on Wednesday rescinded a controversial memo issued Monday that froze spending on more than $3 trillion in federal financial assistance, including grants and loans backing economic development and infrastructure projects across the nation. In the two-sentence memo issued Wednesday, Matthew J. Vaeth, acting director of the Office of Management and […]
Trump’s pause on $3T in federal funding could impact Va.
Update, 7:30 p.m. A federal judge temporarily blocked President Donald Trump’s freeze on federal spending until at least Feb. 3, but the White House did not immediately respond to the judicial order. On Monday, Trump ordered a freeze on more than $3 trillion in federal financial assistance, including grants and loans backing economic development and […]
Microporous secures $100M federal grant toward $1.3B Pittsylvania plant
Microporous, the Tennessee company planning to invest $1.3 billion to build a battery separator manufacturing facility in Pittsylvania County, has been formally awarded $100 million from the U.S. Department of Energy, part of which will go toward the new plant. The company was among seven businesses chosen in November 2023 to receive a combined $275 […]
Top Five January 2025
1 | Inova pays $2.37 million to settle False Claims Act allegations Three Inova Health entities agreed to settle claims that Inova submitted Medicaid claims containing falsified information. (Nov. 18) 2 | Pittsylvania County wins $1.3 billion battery separator project Tennessee-based Microporous announced it will build its battery separator manufacturing facility at the Southern Virginia […[...]
Paver manufacturer to invest $47M for Pittsylvania facility
Cambridge Pavers, a New Jersey-based manufacturer of pavers, slabs and wall systems, will invest $47.35 million to establish a 150,000-square-foot facility at Ringgold East Industrial Park in Pittsylvania County, Gov. Glenn Youngkin announced Friday. Virginia competed with North Carolina, South Carolina, New Jersey, and Massachusetts for the project, which is expected to create 55 jobs. [&hell[...]
Pittsylvania megasite wins $1.3B battery separator project
Tennessee-based Microporous will invest $1.3 billion to build a battery separator manufacturing facility at the Southern Virginia Megasite at Berry Hill in Pittsylvania County, Gov. Glenn Youngkin announced Nov. 13. The company expects to create 2,015 jobs. The megasite’s first tenant, Microporous will develop Lot 1 at the park in two phases, with each phase […]
Pittsylvania megasite wins $1.3B battery separator project
Tennessee-based Microporous will invest $1.3 billion to build its battery separator manufacturing facility at the Southern Virginia Megasite at Berry Hill in Pittsylvania County, Gov. Glenn Youngkin announced Wednesday. The company expects the project to create 2,015 jobs. The megasite’s first tenant, Microporous will develop Lot 1 at the park in two phases, with each […]
Pittsylvania site is top contender for $100M battery project
Updated 4:15 p.m. Nov. 28 The Southern Virginia Megasite at Berry Hill in Pittsylvania County is the top contender for a lithium-ion battery manufacturing project that could top $1 billion in investments and about 1,500 jobs, according to its CEO. Tennessee-based Microporous, whose legal entity is MP Assets, confirmed early Tuesday that it has been […]
