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Charlottesville Chamber hires Defense Affairs Committee program lead
The Charlottesville Regional Chamber of Commerce announced Monday it has hired retired Col. Lettie J. Bien as the inaugural program coordinator for the chamber’s Defense Affairs Committee (DAC), which serves as an intermediary information-sharing organization for veterans, academics and industry workers. A retired U.S. A[...]
300+ Alexandria small businesses receive COVID-19 funding
More than 300 small businesses in Alexandria were funded by the Alexandria Back to Business (ALX B2B) grants program in the wake of the COVID-19 crisis, the Alexandria Economic Development Partnership (AEDP) announced Thursday. In May, Alexandria City Council committed $2.4 million from its federal CARES Act appropriations, and allocated an additional $2 million from […]
Fleetwood Homes launching $2.1M expansion in Rocky Mount
Homebuilding company Fleetwood Homes will invest $2.1 million to renovate and expand its Rocky Mount facility, creating 60 jobs in Franklin County, Gov. Ralph Northam announced Thursday. “Fleetwood Homes has been a valued employer in Virginia more than 50 years, and we are proud to see the company reinvest in Franklin County,” Northam said in […]
With late start, Loudoun United shifts its goals
This was supposed to be a big year for soccer in Loudoun County, but like other businesses, Loudoun United FC has needed to adjust its expectations. In late May, the minor league team’s parent company asked the county’s board for deferrals on rent payments for its $25.6 million Segra Field stadium and training center, which [...]
Firing up Fairfax
By the numbers, Fairfax County should be the envy of every locality. As the headquarters for 11 Fortune 500 companies, the county is home to a large concentration of educated, high-income earners and boasts one of the biggest suburban office markets in the country, second only to Los Angeles. Two years ago, data from the [&helli[...]
Caesars runs the table in Danville
After competing with several other major players, Caesars Entertainment Corp. is planning a $400 million casino in Danville’s Schoolfield neighborhood. In early June, City Council approved the Las Vegas-based company as its preferred casino operator, and the Virginia Lottery is expected to rule on the case by mid-July. The nex[...]
Pulaski company aims for pollution revolution
Pulaski-based MOVA Technologies is poised to go commercial with a system that removes coal ash and other chemical pollutants from the air — extracting chemicals that can be recycled and sold for industrial use. Named Project Revolution, the panel-bed filtration system absorbs fly ash particles, nitrogen oxide, sulfur oxide and[...]
For the Record — July 2020
EASTERN VIRGINIA Armada Hoffler Properties Inc., the Virginia Beach-based commercial developer and property owner, announced in early April that a $106.5 million deal to sell seven of its grocery-anchored shopping centers had fallen through because of the coronavirus pandemic. However, in early June, the deal was back on, this time for $90 million. The buyer […]
Northam recommends $4.2M in funding for SWVA projects
Gov. Ralph Northam on Tuesday recommended that more than $4.2 million in Appalachian Regional Commission (ARC) grants be distributed among 17 economic development projects in Southwest Virginia. ARC grants can be used toward infrastructure, entrepreneurship development and workforce development. Northam’s recommended allocations must be approved by the federal commission before being awarded later this year. […][...]
Hershey announces $135M Augusta County expansion
The Hershey Co. will invest $135 million to expand its manufacturing operation in Augusta County, Gov. Ralph Northam announced Tuesday. The 90,000-square-foot expansion of the Stuarts Draft facility will create 110 jobs. Hershey Chocolate of Virginia Inc. has operated in Augusta County for more than 30 years, employing more than[...]
United Way of Greater Charlottesville teams up with Va. 30 Day Fund
The United Way of Greater Charlottesville announced Monday it has partnered with the Virginia 30 Day Fund with a goal to disburse $100,000 in funding to local early education centers, family day homes and minority-owned businesses facing financial challenges due to COVID-19. The United Way has made an initial $24,000 seed grant [...]
Lumber company to invest $11M in Caroline County
Gatesville, North Carolina-based lumber company Ashton Lewis Lumber Co. will invest $11 million to establish a specialty Southern yellow pine sawmill in Ruther Glen (part of Caroline County), Gov. Ralph Northam announced Friday. The company has also committed to sourcing 90% of its pine lumber purchases from Virginia forestland owners as part of the investment. […]
