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Krispy Kreme investor to acquire Roanoke’s Shenandoah Life in deal
JAB Holding Co., the Luxembourg-based holding company that owns a majority stake in Krispy Kreme doughnuts, plans to pay $3.1 billion to buy Prosperity Life Group, parent company of Roanoke-based Shenandoah Life Insurance, according to a filing made last month with the State Corporation Commission. Applications for approval of acquisition of an insurer typically take […]
Carilion Clinic wants to launch a kidney transplant program; UVA Health opposes it
In the coming weeks, Carilion Clinic will learn whether it has the go-ahead from the state to launch a kidney transplant program at Carilion Roanoke Memorial Hospital, a plan UVA Health has publicly opposed. The Roanoke-based health system’s pitch for establishing a program is that there is no kidney transplant surgery available in the southwestern […]
Roanoke jury finds ER doc wasn’t fired for whistleblowing
A jury decided Friday that a Roanoke Valley emergency room doctor was not fired for complaining that HCA Healthcare’s emphasis on short wait times at LewisGale Medical Center and its Cave Spring ER had a negative impact on patient safety. Dr. Thomas Bolton sought $20 million in his lawsuit against his former employer, Lake Spring […]
Chesterfield’s Atlantic Constructors Inc. acquired by Texas co.
One of the U.S.’s largest providers of mechanical services, Texas-based TriplePoint MEP, has acquired Chesterfield County-based Atlantic Constructors Inc. (ACI), according to a Monday announcement. ACI, which provides mechanical, electrical, plumbing and fire protection products and services, also has locations in Roanoke, Suffolk, Sterling, and Wilmington, North Carolina. A request for comm[...]
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 […]
Fire causes $4.25M in damages to custom van biz
A three-alarm fire at Roanoke‘s Riverdale campus on Saturday started accidentally from an electrical cause, Roanoke Fire-EMS Chief David Hoback said Wednesday. Damages from the fire that reduced Noke Van Co., a custom camper van business, to rubble are estimated at $4.25 million. “Once you have a structural collapse and a roof collapse, sometimes we […]
Roanoke ER doc seeks $20M in landmark whistleblower lawsuit
A Roanoke Valley emergency room doctor’s $20 million lawsuit goes to jury trial this week, with Dr. Thomas Bolton alleging that he was fired for complaining that HCA Healthcare’s emphasis on shorter ER wait times at LewisGale Medical Center and its Cave Spring ER had a negative impact on patient safety. The case is believed […]
A second act for Roanoke’s Walker Machine and Foundry
Standing within hollering distance of the Roanoke River, Gregory Kaknes points toward an empty, 10,000-square-foot building. “That’s the bar and grill,” he says. He turns the other direction and motions toward a large expanse of land covered in concrete. “The apartments are over there. … There’s where we’ll have outdoor music, pickleball courts, beach volleyball.” [&hel[...]
Verge rebrands to Roanoke Blacksburg Innovation Alliance
Verge, a collective of organizations dedicated to tech-based economic development in the Roanoke and New River valleys, announced a rebrand Tuesday, an effort that includes a new website, logo and a new name — the Roanoke Blacksburg Innovation Alliance (RBIA). Previously, Verge, which has roots dating back to 2013, used “Roanoke Blacksburg Innovation Alliance” as […]
Timmons Group opens Roanoke office
Timmons Group has opened an office on Norfolk Avenue in Roanoke, according to a Thursday announcement by the engineering, design and technology services firm, which has headquarters in Chesterfield County. Timmons has 20 offices, including the new Roanoke office and its headquarters, located across Virginia, North Carolina, Maryland, South Carolina, Texas and Washington, D.C. Located […]
Riverdale project moves forward in Roanoke
Work on the $50 million-plus Riverdale mixed-use redevelopment planned for more than 126 acres on the sprawling former campus of American Viscose, a rayon plant that closed in the late 1950s, is moving right along. Developer Ed Walker shared a lengthy written update on the project Jan. 24 that included a rendering of a 267-unit […]
Carilion CEO appoints chief of staff
Carilion Clinic has named Chris Turnbull chief of staff for Steve Arner, the Roanoke-based health care system’s president and CEO, according to a Monday announcement. Joining Carilion as a senior advisor in public relations and corporate communications in 2014, Turnbull went on to become senior director of corporate communications in 2020, according to his LinkedIn […]
