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National Landing BID makes hires, promotions
The National Landing Business Improvement District (BID) announced Wednesday a slate of new hires and promotions, including two newly created vice president positions. Ashley Forrester is the Arlington-based public-private partnership’s new vice president of marketing and communications, and Malaika Scriven is vice preside[...]
Grayson County food manufacturer announces $1.5M expansion
Organic meat snack brand Grayson Natural Farms LLC will expand its Grayson County operation by 35,000 square feet through a $1.5 million investment, creating 40 jobs, Gov. Ralph Northam announced Tuesday. Grayson Natural Farms produces Landcrafted Food, which are grass-fed, organic meat snacks. Its smokehouse and production operation is currently located at 226 Industrial Lane. […]
Henrico County announces $2.3B GreenCity arena project
Henrico County officials announced Tuesday plans for a $2.3 billion arena-anchored development, born out of the failed Navy Hill project proposal for downtown Richmond. But with private financing and no projected impact on county taxpayers, the GreenCity development may have a smoother path. Proposed on the 204-acre former Bes[...]
Richmond to select casino operator, site in summer 2021
The city of Richmond intends to select a resort casino site and operator in summer 2021, according to an announcement from Richmond Mayor Levar Stoney released Tuesday. The Virginia General Assembly earlier this year passed a law authorizing resort casinos to operate in each of five economically challenged cities, including Richmond. For the project to […]
Capital Region Small Business Development Center opens in Richmond area
Now part of the state’s Small Business Development Center (SBDC) network, the Capital Region SBDC opened this month to assist Richmond-area small business owners, Virginia Community Capital announced Monday. Funded by the U.S. Small Business Administration with $192,000 in CARES Act money, plus matching grant funds from re[...]
Shenandoah Valley Organic to create 110 jobs in Harrisonburg
Shenandoah Valley Organic, a family-owned organic chicken company, will establish a second, 75,000-square-foot facility in Harrisonburg, increasing production capacity and retail packaging abilities. The expansion will create 110 jobs, Gov. Ralph Northam announced Tuesday. Founded by sixth-generation farmer Corwin Heatwole, Shenandoah Valley Organic mission is to partner with independent family farmers to raise organic chickens. [&helli[...]
Vinton, Warsaw, Wytheville receive industrial revitalization funding
The towns of Vinton, Warsaw and Wytheville will receive a total of more than $1.4 million in state industrial revitalization fund (IRF) grants, Gov. Ralph Northam announced Friday. IRF funding provides gap financing for redevelopment projects that can lead to long-term employment opportunities. “This funding will not only help transform deteriorating or unused structures, it […]
Va. Coalfield Economic Development Authority establishes $1M Renewable Energy Fund
The Virginia Coalfield Economic Development Authority (VCEDA) announced Thursday it has established a $1 million Renewable Energy Fund from coal tax credit funds. “With the establishment of the Renewable Energy Fund, VCEDA is poised to readily assist in the development of renewable energy projects, which will add new jobs and investment to the region and […]
Dynamic Aviation to expand, creating 207 jobs in Rockingham County
Bridgewater-based Dynamic Aviation Group Inc. plans to invest $47.9 million in expanding its operations in Rockingham County, creating 207 jobs, the governor’s office announced Thursday. The company, which is among Rockingham’s top employers, employs 750 people and operates in 11 countries. Its Bridgewater facility i[...]
Packaging manufacturer announces $68M expansion in Louisa, Wythe
Packaging manufacturer Klöckner Pentaplast Group (kp) will invest $68 million to expand its facilities in Louisa and Wythe counties, creating 54 jobs, Gov. Ralph Northam announced Tuesday. Founded in 1965 Montabaur, Germany, Klöckner Pentaplast Group manufactures packaging for pharmaceutical, medical device, food, beverage and card clients. The company has operations in 18 countries and employs […][...]
Shuttered Alexandria power plant making way for mixed-use development
A former coal-fired power plant in Alexandria will become home to a mixed-use development along the Potomac River. Chicago-based Hilco Redevelopment Partners (HRP), a Hilco Global business unit, announced Monday it purchased the 71-year-old Potomac River Generating Station site, which encompasses approximately 20 acres. HRP ac[...]
SWVA guardrail manufacturer announces $7.9M expansion
Nine months of hard work has paid off. Since February, InvestSWVA has been working with highway guardrail manufacturer SPIG Industry LLC on its expansion plans, and on Thursday Gov. Ralph Northam announced the Washington County-based company’s plans to invest $7.9 million to expand its operations in the Bristol-Washington [...]
