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Virginia Tech receives $20M anonymous donation for athletics
Virginia Tech has received a $20 million anonymous donation, the largest gift in the school’s history, toward the school’s athletics program.
Manufacturer to invest $4.9M in Franklin County expansion
Cornerstone Building Brands will invest $4.9M to expand its Franklin County manufacturing campus, adding 50 jobs and boosting capacity.
Appalachian Community Capital announces new CEO
Christiansburg-based financial institution Appalachian Community Capital has named Daniel Wallace its next president and CEO.
Brown Edwards acquires Lynchburg-based accounting firm
Brown Edwards has acquired Lynchburg-based Shelton & Co., an accounting practice known for its construction industry expertise.
Defense contractor to add 288 workers at Roanoke night-vision goggle factory
Elbit Systems of America will invest $30 million to expand its Roanoke County manufacturing facility and create 288 jobs.
Schewels Home acquires Richmond-area Central Furniture
Lynchburg-based furniture retailer Schewels Home is opening its newest location in Henrico County following the acquisition of Central Furniture.
Engineering dean named Virginia Tech’s next provost
Julie Ross will become Virginia Tech’s next executive vice president and provost in 2026, succeeding Cyril Clarke.
Roanoke remembers Hurricane Juan’s 1985 toll
Forty years ago, remnants of Hurricane Juan dumped buckets of rain on the Roanoke Valley for days. Then, on Election Day, the area received 6.6 inches over a few hours. The Roanoke River rose to more than 23 feet. The 1985 flood claimed 10 lives in the valley. An economic price was also paid. “In […]
Botetourt hires new economic development director
Botetourt County announced Thursday that it has appointed Kyle Rosner as its new director of economic development.
BWXT wins $174M naval contract
A BWX Technologies subsidiary has been awarded a $174 million contract from the U.S. Naval Nuclear Propulsion Program.
Freedom First credit union CEO to retire in 2026
Freedom First CEO Paul Phillips will retire in 2026. CFO Linda Johnson will succeed him at the Roanoke-headquartered credit union.
Carilion exceeds $100M fundraising goal for cancer center
Carilion Clinic surpasses $105M for its Roanoke cancer center and launches a new $50M proton therapy campaign.
