Please ensure Javascript is enabled for purposes of website accessibility

Economic Development

Mar 8, 2022

Hyundai dealership to open in Roanoke County

A Hyundai sales and service facility is coming to Roanoke County, car dealership group Southern Team Automotive Group announced Tuesday. The 30,000-square-foot facility will be located at 7300 Williamson Road in the Hollins area in northern Roanoke County. The two-story showroom and facility will have DC fast-charging stations f[...]

Mar 7, 2022

Tysons tech firm announces $100K expansion

Tysons-based Easy Dynamics Corp. will invest $100,000 to expand operations and create 61 jobs, Gov. Glenn Youngkin announced Monday. Easy Dynamics is a technology services provider that focuses on cybersecurity, cloud computing and information sharing. New jobs include software engineers, business analysts, project managers and other business support roles. “Northern Virginia has emerged as one […][...]

Mar 4, 2022

Sign manufacturer to open facility in Bluefield

Chicago-based custom sign manufacturer Signco Inc. will invest $650,000 to take over the former MC Signs facility at 334 Industrial Park Road in Bluefield, Gov. Glenn Youngkin announced Friday. Signco, which is owned by Anthony Morrone and Vince Sclafani, expects to hire 19 workers at the facility. “Signco’s technology and custom product specifications are advancing […]

Feb 28, 2022

Alarm.com to expand Fairfax HQ, create 180 jobs

Alarm.com will expand its technology research and development division at its Fairfax headquarters, investing $2.6 million and creating 180 jobs, Gov. Glenn Youngkin announced Monday. The technology company already has several hundred workers in Virginia and will create additional engineering positions within its research and de[...]

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 [...]

Siemens Gamesa Renewable Energy S.A. is building the nation’s first offshore-wind blade factory in Portsmouth. Photo courtesy Siemens Gamesa
Feb 27, 2022

Tilting toward windmills

Siemens Gamesa Renewable Energy S.A.’s October 2021 announcement that it will build the nation’s first offshore-wind blade factory at Portsmouth Marine Terminal has put Hampton Roads on a trajectory to become a supply chain hub for the country’s nascent offshore wind energy industry. The Spanish wind turbine company is inv[...]

Amazon.com Inc. has begun constructing the first phase of its HQ2 East Coast headquarters in Arlington.
Feb 27, 2022

Signs of promise

A second year of COVID came and went, but 2021 proved more fruitful and less uncertain for businesses in Northern Virginia, where vaccination rates were the highest in the commonwealth. Work on Amazon.com Inc.’s $2.5 billion-plus HQ2 East Coast headquarters in Arlington County is forging ahead, and economic development officia[...]

Site preparation began in January for Blue Star NBR LLC’s $714 million nitrile glove manufacturing complex at Progress Park in Wytheville. Photo by Earl Neikirk
Feb 27, 2022

‘Behind the eight ball’

David Manley had a good feeling. The site visit was going well. During their spring 2021 tour of the Progress Park industrial site in Wytheville, the leaders of a manufacturer of nitrile gloves — those blue, disposable pieces of personal protective equipment that have become ubiquitous during the pandemic — seemed intrigue[...]

Internet service provider EarthLink is building a $5.4 million customer support center in Norton, creating 285 jobs. Photo by Earl Niekirk
Feb 27, 2022

Finding new solutions

Movers and shakers in Southwest Virginia wanted to try a new approach to economic development. The stakes were (and are) high. Naturally, the decline of the coal industry had a devastating impact on Virginia’s coalfields. The Appalachian Regional Commission classifies four counties in Southwest Virginia — Buchanan, Dickenson[...]

CoStar Group Inc. plans to add 750,000 more square feet to its holdings in Richmond, adding an estimated 2,000 jobs. Rendering courtesy CoStar Group Inc.
Feb 27, 2022

In the big leagues

Central Virginia continues to attract pharmaceutical companies, advanced manufacturing sites and distribution centers, with 2021 seeing several major deals from companies that will bring large footprints to the region. Richmond was the leader in the clubhouse, with the city occupying half of the spots on the region’s list of t[...]

Patricia Hunter-Jordan, president of the Hanover County NAACP, says the Wegmans project will disrupt the historic Brown Grove community. Photo by Caroline Martin
Feb 27, 2022

Complicated history

Rochester, New York-based supermarket chain Wegmans Food Markets Inc. is building a $175 million distribution center and regional headquarters near the intersection of Sliding Hill and Ashcake roads in Hanover County. The 1.1 million-square-foot facility is expected to create roughly 700 jobs, making it one of the most significa[...]

Shenandoah Valley Partnership Executive Director Jay Langston at the site where restaurant chain Cava is building a $30 million facility near Staunton. Photo courtesy Rockingham County Economic Development
Feb 27, 2022

Return to form

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 Shenand[...]

YOUR NEWS.
YOUR INBOX.
DAILY.

By subscribing you agree to our Privacy Policy.