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Officials envision new life for shuttered state campus
Summary CVTC closed in 2020, costing the region 1,600 jobs and $87M. Redevelopment plan envisions housing, retail, and light industry. Site includes 98 outdated buildings, many with asbestos. State allocated $6M for demolition to attract developers. [/box Lynchburg-area leaders want to see a second act for about 386 acres that w[...]
Schewels Home acquires 100-year-old Petersburg retailer
Lynchburg retailer Schewels Home announced that it acquired Petersburg-based Butterworth’s Furniture, which has been in business since 1925.
Traditional Medicinals moves forward with $47M plant in Franklin County
Traditional Medicinals will build a $47 million tea plant in Franklin County, creating 57 jobs.
Old Dominion Job Corps to lay off 130 in Amherst
Amherst County-based Old Dominion Job Corps Center will lay off 130 people on June 30.
GO Virginia grant boosts biotech in Roanoke, New River Valley
A $4.9M GO Virginia grant funds biotech innovation in the Roanoke and New River valleys, aiming to create 1,315 jobs and $40.8M in impact.
Lynchburg-based BWXT taps new CHRO
Lynchburg’s BWX Technologies has appointed Gonzalo Cajade as chief human resources officer, effective June 1.
Virginia Western Community College president named
Laura Treanor will lead Virginia Western Community College starting July 1, succeeding longtime president Robert Sandel after a nationwide search.
Expanded emergency dept. opens at Carilion Roanoke Memorial Hospital
Carilion Roanoke Memorial Hospital’s expanded emergency department, billed as one of the largest in the state, opened May 20. It's the first part of the Roanoke hospital's $500 million Crystal Spring Tower, set to open this summer.
Barkin: Affordable housing key to rural economic growth
Richmond Fed President and CEO Tom Barkin said affordable housing and workforce investment are driving population and economic growth in small towns across the Fifth District.
QualiChem to invest $9M in Salem expansion
Salem-based metalworking fluids manufacturer QualiChem will invest $9 million to expand its operations with a new 48,550 square-foot facility and will create 12 jobs, according to a May 13 announcement.
BWXT CFO steps down
Lynchburg-based nuclear components and fuel supplier manufacturer BWX Technologies announced that Robb A. LeMasters has stepped down from his position as executive vice president and chief financial officer. The company also announced that it has named chief accounting officer Mike T. Fitzgerald as the interim CFO.
Roanoke’s Carilion gets state OK for kidney transplants
Carilion Clinic has the state’s blessing to move forward with a kidney transplant program, despite public opposition from competitor UVA Health and a 2024 recommendation from the staff of the Division of Certificate of Public Need (DCOPN) that the Roanoke-based health system’s application be denied. In an emai[...]
