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New River Valley

L to R: Petersburg Mayor Samuel Parham, U.S. Sen. Tim Kaine and Stan Benson, site head of Civica Petersburg, tour the nonprofit drugmaker’s new facility. Photo by Kate Andrews
Oct 23, 2023

Richmond-Petersburg pharma coalition wins fed designation

Central Virginia’s pharmaceutical hub received a federal designation that could lead to millions in federal funding in the future, while a 3D printing consortium in the New River Valley and Danville won a $500,000 federal grant, the U.S. Department of Commerce announced Monday. A group of public and private sector partners conducting pharmaceutical research and […]

FloydFest cancelation causes economic ripples
Jun 29, 2023

FloydFest cancelation causes economic ripples

FloydFest, a five-day celebration showcasing more than 100 performers, has had an annual regional economic impact of about $4 million since its 2002 founding, according to festival organizers. Even so, county officials and local business owners seem to be taking a “c’est la vie” attitude to the cancelation in April of this year’s FloydFest, which […]

A volunteer talent ambassador for the Roanoke Regional Partnership, Courtney Proffitt grew up in nearby Clifton Forge and has moved back to the area as a remote worker. Photo by Don Petersen
May 30, 2023

Growing the talent pool

For tech worker Courtney Proffitt, summer 2020 was a transformative time. After roughly a decade away from her native Virginia, she found herself in an Airbnb rental on the outskirts of downtown Roanoke. “I was ready to try a new city after 10 years in Charleston,” recalls Proffitt, who earned her master’s degree from the […]

Donna Stucker. Photo courtesy Goodwill Industries of the Valley
Apr 10, 2023

Goodwill of the Valleys names philanthropy exec

Donna Stucker is the new chief philanthropy officer for Goodwill Industries of the Valleys. Stucker assumed her role April 3, according to a news release. She will lead a new capital campaign and associated donor development and will plan and manage an effort to grow donations for the Roanoke-based Goodwill chapter, which serves 35 counties […]

Sweet valley high
Feb 27, 2023

Sweet valley high

For Paul Mahoney, chair of the Roanoke County Board of Supervisors, the past year has stood out for bringing an “explosion of development” to the county. Home improvement retailer Lowe’s Cos. Inc. opened a new distribution center. North American Specialty Laminations LLC established a mid-Atlantic production facility. And Würth Revcar Fasteners Inc. began work on […]

Dec 7, 2022

NY foundation invests $10M in Appalachian Community Capital

Appalachian Community Capital, a Christiansburg-based community development financial institution that provides capital for small businesses across the Appalachian region, will receive an additional $10 million investment in the form of a low-interest loan from the Ford Foundation, the New York-based nonprofit announced Wednesday. The Ford Foundation initially invested $3 million in ACC in 2015. A[...]

Radford Army plant contract extended through 2026
Sep 29, 2022

Radford Army plant contract extended through 2026

While the contract extension for operation of the sprawling Radford Army Ammunition Plant is reassuring from an economic development perspective, it also has sentimental value to the community. “The Radford Army Ammunition Plant means a lot to our BAE Systems workforce, but also to the generations of families in our community that have kept the […]

Fairfax campaign hopes for tourism boost
Aug 29, 2022

Manchin hits gas on Mountain Valley Pipeline

First proposed in 2014, the 303-mile, $6.6 billion Mountain Valley Pipeline has seen its construction progress delayed time and time again by federal courts, regulators and environmentalists. Indeed, MVP has faced so many setbacks that NextEra Energy Inc. said in February it was reevaluating its investment in the natural gas pipeline, citing “a very low […]

Generation next
Aug 29, 2022

Generation next

There’s a new wave of “super collaborators” driving economic development in the Roanoke and New River valleys. Many of the top positions in the region‘s public and private sector economic development engines have turned over in the past couple of years. In multiple cases, individuals who had held positions for decades decided to retire or […]

Jun 28, 2022

FOR THE RECORD

Central Virginia  The state’s fiscal 2023-24 budget, approved June 1, contains funding that will benefit future redevelopment of the Central Virginia Training Center site in Madison Heights. Republican Sen. Steve Newman requested $25 million in state money to annul outstanding bonds associated with CVTC, a former state facility for people with intellectual disabilities that closed […[...]

Carilion Clinic built a new pediatric center at Tanglewood Mall, which is prompting further development around the Roanoke County shopping center. Photo courtesy Carilion Clinic
Feb 27, 2022

Compounding interest

The Roanoke Valley enjoyed a constant stream of nibbles from prospective corporations considering the area in 2021, according to John Hull, executive director of the Roanoke Regional Partnership, which promotes development in four counties and three cities. “I don’t think we’ve ever been this busy in terms of interest and activity,” Hull says. “It’s just […]

Bret S. Danilowicz
Dec 9, 2021

Radford University chooses new president

Radford University’s eighth president will be Bret S. Danilowicz, who’s currently serving as the provost and vice president for academic affairs at Florida Atlantic University in Boca Raton, Florida. Danilowicz, who starts his tenure at Radford on July 1, 2022, succeeds Brian O. Hemphill, who left in June to become president of Old Dominion University […]

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