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Roanoke custom printing company buys building for $1.65M
Roanoke-based custom screen-printing and embroidery company Press Press Merch LLC purchased a Roanoke County building for $1.65 million as its new business location, Cushman & Wakefield | Thalhimer reported Wednesday. Press Press Merch bought the 32,926-square-foot property at 4721 Starkey Road, just outside the city, from Starkey Road Properties LLC. The company also makes posters, […]
Roanoke couple gives Carilion $1M toward expanding cancer services
Roanoke businessman George Logan and his wife, Helen Harmon Logan, have donated $1 million to Carilion Clinic to help fund expansion of the Roanoke-based health system’s cancer services. “The Logans have contributed much to Carilion and to our community’s success over the years,” Ralph Alee, Carilion’s vice president for philanthropy, said in a statement released […]
Va. nursing homes, assisted living facilities struggle with staffing
Virginia’s nursing homes and assisted living facilities continue to struggle with staffing shortages, according to a Virginia Health Care Association-Virginia Center for Assisted Living survey released in December. Of 154 long-term care providers who responded to the survey, 86% said their workforce situation worsened in 2022 compared with 2020, an increase of five percentage points [&hellip[...]
Branch builds career pipeline for girls
Women made up about 11% of the construction workforce in 2021, but that doesn’t mean they were all on site wearing a hard hat. That percentage includes women in office and administrative roles, positions more traditionally filled by females, according to the Institute for Women’s Policy Research. And so, many recruiters see women as an […]
Roanoke apartments sell for $14.6M
Gramercy Row Apartment Residences has a new owner. Tazewell Development LLC sold the 82-unit apartment community with ground floor commercial space in downtown Roanoke to a private investor group for $14.6 million on Sept. 22, according to Cushman & Wakefield | Thalhimer. The apartments, built in 2017, are located at 206 Williamson Road SE. Clay […]
Roanoke Days Inn sells for $3M
A Roanoke Days Inn has a new owner. Saul Urban LLC purchased the 165-room hotel, located at 601 Orange Ave., from Shri Sainath Enterprises LLC for $3 million, according to Colliers. The new owner is planning a comprehensive renovation of the property and is exploring alternative uses. Prashant Merchant and Nic Wade, both of Colliers, […]
Charging up
Virginia Del. Richard “Rip” Sullivan Jr. is one of the General Assembly’s biggest advocates for electric vehicles. But when the Fairfax County Democrat went to buy a car in 2018, he started feeling anxious about the electric cars on offer — particularly their relatively limited range, given the lack of electric vehicle (EV) chargers in […]
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 […]
Hitting home
“The stereotypical view is that every young lawyer wants to work from home,” unlike their older peers, observes Victor O. Cardwell, principal and chairman of Roanoke-based Woods Rogers Vandeventer Black PLC. Indeed, 51% of baby boomer attorneys report being eager or very eager to get back to the office, but just 22% of their millennial […]
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 […]
Virginia Transformer Corp. launches EV charger module
Roanoke-based power transformer manufacturer Virginia Transformer Corp. has entered the electric vehicle market by launching a manufacturing division to create components for commercial electric vehicle power chargers, with plans to expand the initiative, the company announced Monday. Commercial customers can build self-contained, scalable power modules from VTC’s new product, E2V. The unit [...]
On a mission
Virginia Business’ 2022 Virginia CFO of the Year award winners represent large and small businesses and large and small nonprofits. Small nonprofit | David Argabright, CFO Feeding Southwest Virginia, Salem David Argabright’s background in construction came in handy when Feeding Southwest Virginia opened its Community Solutions Center in a high-crime, poverty-stricken area of Roanoke.[...]
