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Economic Development

Oct 27, 2020

Kaine introduces legislation to establish HBCU business centers

U.S. Sens. Tim Kaine (D-Virginia) and Roger Wicker (R-Mississippi) announced Tuesday they have introduced the Reaching America’s Rural Minority Businesses Act, which would establish up to 10 minority business centers at historically Black colleges and universities (HBCUs) to serve rural and underserved communities. The legislation would authorize the Minority Business Development Agency (MBDA) in the […][...]

Steve Mize is president of Golden Piedmont Labs, which opened its South Boston hemp processing plant in October.
Oct 27, 2020

Hemp industry takes another step forward

The co-founders of South Boston-based Golden Piedmont Labs want to give the county a boost by processing hemp from local farmers. “We were looking for a way to give back,” says Rick Gregory, who started Golden Piedmont Labs with Sterling Edmunds Jr. Both are Halifax County natives with extensive backgrounds in real estate an[...]

Beth Doughty, executive director of the Roanoke Regional Partnership, will retire in December after more than two decade
Oct 27, 2020

Stars in their eyes

When 19th-century movers and shakers picked sleepy Roanoke as the site of the crossroads linking the Shenandoah Valley and Norfolk & Western railroads, the town grew with such force and speed that it earned the now-obscure nickname “Magic City.” Over the decades that followed, thousands of Roanokers toiled for the N&[...]

Oct 26, 2020

N.C. furniture manufacturer to create 150 jobs in Pittsylvania

North Carolina-based Ison Furniture Manufacturing Inc. will invest $3.5 million to acquire and renovate the recently closed A.C. Furniture Co. Inc. facility in Pittsylvania County, creating 150 jobs, Gov. Ralph Northam announced Monday.  Ison furniture will also purchase new assembly and production equipment for its upholstered furniture products. Its supplier, Dogwood Global LLC, will occupy […][...]

From left: VEDP Managing Director of Project Operations, Talent Solutions Brian Dail; Morgan Olson General Manager Steven Parker; DCC President Jacqueline Gill Powell,; and DCC Vice President of Workforce Services Brian Jackson. Photo courtesy DCC.
Oct 23, 2020

Danville Community College announces Morgan Olson collaboration

Danville Community College (DCC) on Thursday announced a collaboration agreement with North America’s largest walk-in van manufacturer, Morgan Olson LLC, for training and talent development. Working with the Virginia Talent Accelerator Program and the Virginia Economic Development Partnership (VEDP), DCC and Morgan Olson devel[...]

Oct 23, 2020

Lara Fritts resigns from Greater Richmond Partnership

Lara Fritts has resigned as president and CEO of the Greater Richmond Partnership, according to an email sent to the public-private economic development organization’s investors this week. Her resignation is effective as of Nov. 30, and she will be serving actively in the role until that time, according to a spokesperson. [...]

Oct 21, 2020

Loudoun County allocates additional small business funding

The Loudoun County Board of Supervisors has allocated an additional $145,000 to fund 29 more businesses with $5,000 COVID-19 Business Interruption Fund grants, Loudoun Economic Development announced Wednesday. The additional allocation will allow the fund to cover all 660 certified eligible businesses that applied for the county’s fifth round of COVID-19 small business relief funding. […]

Oct 20, 2020

Silk City Printing to create 93 jobs in Fluvanna County

Silkscreened apparel company Silk City Printing LLC will invest $5.7 million to establish a new production operation in Fluvanna County, creating 93 new jobs, Gov. Ralph Northam announced Tuesday.  Silk City will relocate its corporate headquarters from Paterson, New Jersey, to a former Thomasville facility in Fluvanna that has been vacant since 2007. Silk City […]

The Pamunkey Indian Tribe plans to build a $500 million casino and resort on the Elizabeth River if Norfolk voters approve the project on the November ballot. Rendering courtesy Pamunkey Indian Tribe
Oct 15, 2020

Baskervill, HKS to lead Norfolk casino design, architecture

The Pamunkey Indian Tribe announced Thursday that Dallas, Texas-based HKS and Richmond-based Baskervill will serve as the architecture team for the tribe’s planned $500 million Norfolk Resort & Casino if city voters approve a Nov. 3 local referendum approving the casino development. Backed by Tennessee billionaire inve[...]

Photo courtesy Loudoun Economic Development
Oct 14, 2020

Loudoun County Farm Fall Tour launches online Oct. 27

Loudoun County’s 25th annual Farm Fall Tour will launch online on Saturday, Oct. 27, to connect farmers with consumers for the harvest season. This year, 25 farms will be featured on the virtual farm tour. “This initiative follows a successful virtual Spring Farm Tour, which connected thousands of people from 16 countries wi[...]

Oct 13, 2020

Dominion, Appalachian Power team up to expand energy storage

Virginia electric utility giants Appalachian Power and Dominion Energy Inc. announced Tuesday a public-private partnership with InvestSWVA that aims to expand renewable energy storage technology and attract industry prospects in Southwest Virginia.  “With the greater proliferation of renewables, energy storage expansion will be a vital component in providing stability to our grid and support our […][...]

Oct 8, 2020

Va. Beach PPE manufacturer will create 180 jobs with $5.3M expansion

Premium-PPE, a manufacturer of AmeriShield branded masks and personal protective equipment, will invest $5.3 million to expand its Virginia Beach operations, creating 180 jobs, Virginia Gov. Ralph Northam announced Thursday. Premium-PPE is a subsidiary of Premium Estore LLC (doing business as PremiumEcigarettes), an e-cigarette product manufacturer that in March began operating as Premium-PPE to focus […][...]

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