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Tanker truck maker opens Gretna expansion, plans to add 75 jobs
Amthor International opened a second Gretna manufacturing facility and plans to hire up to 75 workers as production expands.
Hitachi Energy powers up $457M expansion in South Boston
Hitachi Energy will invest $457 million to expand power transformer production in South Boston, creating 825 jobs and building the nation’s largest large transformer plant.
Southern Virginia’s ready to capitalize on manufacturing
Southern Virginia is attracting major manufacturing investments in 2025, including expansions by Hitachi Energy and new facilities by WB Alloys and Nathan Trotter.
Tourism bet pays off for Danville and Pittsylvania
In 2024, visitor spending across Danville and Pittsylvania County reached $275.2 million, according to data from the Virginia Tourism Corp. That’s a year-over-year increase of 23.5% — making it the fastest-growing tourism destination in Virginia. Tourism supported 2,221 local jobs and generated more than $11 million in local tax revenue across the region. One obvious […]
Nathan Trotter plans $65M tin processing plant in Southern Virginia
Nathan Trotter will invest $65M in a Henry County tin processing facility, creating 118 jobs and boosting the U.S. critical minerals supply chain.
June 2025 for the record
A monthly round up of the top business stories in the state of Virginia
Georgia-Pacific to close Emporia mill, cutting 550+ jobs
Georgia-Pacific will permanently close its Emporia plywood mill, cutting 550 jobs. The shutdown deals another economic blow to Southern Virginia.
Hundreds pack into Caesars Virginia on opening day
Hundreds of people descended upon Danville’s Main Street Tuesday to celebrate the opening of the $800 million Caesars Virginia, the third permanent casino to open in the state. Caesars didn’t shortchange on spectacle for the first day. A faux Roman legionary struggled to climb out of a Rolls-Royce to join Vegas-style showgirls and others for […]
Energy storage projects slated for Greensville, Pittsylvania
Two energy storage projects proposed for Southern Virginia would help augment the area’s power capacity, diversify the region’s tax base and boost the regional economy, industry representatives say. Dominion Energy Virginia wants to build a liquified natural gas storage facility on more than 20 acres that the Richmond-based Fortune 500 utility owns next to its […]
Launch pads
In the 2000s, economic development leaders in Southern Virginia strategized a path for building back a regional economy decimated by lost textiles jobs. These visionaries, according to Linda Green, executive director for the Southern Virginia Regional Alliance, decided to invest in industrial parks and other locations readied for manufacturing operations. “We have been very blessed […]
FOR THE RECORD May 2024
CENTRAL VIRGINIA Richmond-based Atlantic Union Bankshares completed its acquisition of Danville-based American National Bankshares, parent company of American National Bank and Trust, on April 1. Based on the $35.31 per share closing price of Atlantic Union common stock on March 28, the transaction value was approximately $507 million. The deal was announced in July 2023, […]
Southern Va. Year-in-Review: Hitting the jackpot
Southern Virginia is seeing years of preparation for economic development pay big dividends. Businesses ranging from a temporary casino to a biopharmaceutical company to a flat-glass manufacturer announced they were opening or planning expansions in the region in 2023. Local economic development officials say the major draws they’ve worked hard to put in place include […]
