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Frederick County insulation facility add-on to create 37 jobs
Atlanta-based Kingspan Insulation LLC will invest $27 million to expand its Frederick County operations, a project expected to create 37 jobs, Gov. Glenn Youngkin announced Wednesday. Kingspan Insulation is a division of Kingspan Group that manufactures energy efficiency and moisture management products for residential and commercial construction. The company will add a 155,000-square-foot manufac[...]
Trex starts HQ move to Winchester
Composite decking and railing manufacturer Trex Co. Inc. broke ground in January on its new $7 million global headquarters in Winchester. The 64,000-square-foot office facility will be located on 8 acres along Crossover Boulevard near Interstate 81. The company’s corporate offices are currently located on Exeter Drive in Frederick County. The decision was “years in […]
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In terms of business activity and economic development wins, 2021 turned out to be a stellar year for the Shenandoah Valley. “We have exceeded what we anticipated from a business activity perspective,” says Jay Langston, executive director of the Shenandoah Valley Partnership, which promotes economic development from Shenandoah County to Rockbridge County. “When government shut […]
The Meridian Group buys 277 acres in Winchester for industrial park
Bethesda, Maryland-based real estate investment firm The Meridian Group has purchased 277 acres of land in Winchester along Insterstate 81 and has plans to develop an industrial park on it. The purchase price of the land was not disclosed and is not yet available from public land records. The Meridian Group acquired the property this week […]
Winchester industrial property sells for $12.2M
A 244,500-square-foot industrial property in Winchester sold for $12.2 million, Marcus & Milichap announced Wednesday. The property is located at 310 Tyson Drive and was sold by Harrisonburg-based InterChange Group Inc. to Washington, D.C.-based Ritz Banc Group. Christopher C. Dale, Robert Filley and Randall Heilig, with Marcus & Milichap’s Washington, D.C., office, worked for the [&[...]
$31.5M Winchester turkey plant to create 111 jobs
Minnesota-based TFC Poultry LLC will invest $31.5 million to establish its second U.S. production facility in Winchester, a project expected to create 111 jobs, Gov. Ralph Northam announced Thursday. “Virginia’s strong agriculture sector continues to play a critical role in the success of our booming economy,” Northam said in a statement. “We are pleased the company […]
Valley Health tells workers to get vaccinated
Nicole Clark wants the nurses she supervises to do everything they can to keep themselves, their patients and co-workers safe from COVID-19. That means wearing personal protective equipment, social distancing, frequent hand washing — and getting vaccinated against the disease. Valley Health, a nonprofit health system that includes Winchester Medical Center and five other hospitals, […]
Winchester manufacturer to build $1.25 million plant expansion
Winchester-based Evolve Manufacturing will invest $1.25 million to enlarge its plant in Frederick County, creating 84 jobs, Gov. Ralph Northam announced Friday. The company will add a second production line, triple its facility space and increase production for its major customers, including Home Depot, according to a news release. “Evolve … is a key employer […]
Intrepid Solutions acquires defense contractor Darkblade Systems
Herndon-based intelligence contractor Intrepid Solutions and Services LLC has acquired Darkblade Systems Corp., a Winchester-based federal defense contractor, it announced Wednesday. Financial details of the transaction were not disclosed. Intrepid CEO Ryan Hebert said in a statement: “Welcoming Darkblade Systems into the Intrepid family is a transformative moment for us, and one that will great[...]
Winchester apartments sell for $4.5M
WinLee Apartments, a 41-unit multifamily property in Winchester, has been purchased as an investment by Fairmont Holdings LLC for $4.5 million. Located at 320-350 Fairmont Ave. and 131-165 Peyton St., the six-building complex was sold by WinLee Apartments LTD. The sale closed on April 12. Jamie A. Scully of Cushman & Wakefield | Thalhimer handled […]
Shenandoah University announces partnership with esports league
Shenandoah University announced Monday that it has entered into a partnership with the Washington Justice, a professional Overwatch League, for internships and learning opportunities for students. This marks the first partnership between a university and a professional Overwatch League team (esports). The Washington Justice represents Virginia, Maryland and Washington, D.C. The partnership will [...]
Va. Main Street Merit Award winners announced
The Virginia Department of Housing and Community Development (DHCD) on Thursday announced the 2020 Virginia Main Street Merit Award winners, with businesses and projects in the Shenandoah Valley and Northern, Southern and Southwest Virginia recognized. Below are the 2020 award recipients: Best Downtown Public Improvement Project: town of St. Paul for the Downtown Comprehensive Infrastructure [&hel[...]
