Roanoke custom printing company buys building for $1.65M
Roanoke-based custom screen-printing and embroidery company Press Press Merch LLC purchased a Roanoke County building for $1.65 million as its new business location, Cushman & Wakefield | Thalhimer reported Wednesday. Press Press Merch bought the 32,926-square-foot property at 4721 Starkey Road, just outside the city, from S[...]
Roanoke couple gives Carilion $1M toward expanding cancer services
Roanoke businessman George Logan and his wife, Helen Harmon Logan, have donated $1 million to Carilion Clinic to help fund expansion of the Roanoke-based health system’s cancer services. “The Logans have contributed much to Carilion and to our community’s success over the years,” Ralph Alee, Carilion’s vice preside[...]
Manufacturer plans $40.2M expansion in Floyd
Massachusetts-based advanced materials manufacturer Hollingsworth & Vose will invest $40.2 million to expand its Floyd County operation, a project expected to create 25 jobs, Gov. Glenn Youngkin announced Tuesday. H&V will add more than 28,000 square feet to its facility at 365 Christiansburg Pike NE to accommodate new production equipment. “Hollingsworth & Vose has generated […][...]
Oransi launches U.S.-made air purifiers from Radford
By the end of 2023, portable air purifier maker Oransi hopes to have products on the market designed and manufactured in its new Radford facility. It’s the second attempt by CEO Peter Mann to build an American-made HEPA (high energy particulate air) air purifier since founding Oransi in 2009. After initially selling China-made[...]
Floyd biochar producer to invest $2.6M in expansion
Floyd-based SWVA Biochar LLC, an absorbent charcoal producer, will invest $2.6 million to increase its Floyd County operations’ capacity, a project expected to create 15 jobs, Gov. Glenn Youngkin announced Wednesday. Biochar is a highly absorbent, specially produced charcoal made by heating biomass with little to no oxygen. The product is used for filtration systems […]
NY foundation invests $10M in Appalachian Community Capital
Appalachian Community Capital, a Christiansburg-based community development financial institution that provides capital for small businesses across the Appalachian region, will receive an additional $10 million investment in the form of a low-interest loan from the Ford Foundation, the New York-based nonprofit announced Wednesday. The Ford Foundation initially invested $3 million in ACC in 2015. ACC […][...]
Branch builds career pipeline for girls
Women made up about 11% of the construction workforce in 2021, but that doesn’t mean they were all on site wearing a hard hat. That percentage includes women in office and administrative roles, positions more traditionally filled by females, according to the Institute for Women’s Policy Research. And so, many recruiters see [...]
Va. Tech’s real estate program becomes department
Virginia Tech’s real estate program has earned approval from the State Council for Higher Education to become the Blackwood Department of Real Estate. Becoming a department housed under the Pamplin School of Business will offer the former program more resources, enhance its academic and experiential learning offerings and [...]
Roanoke County day care begins $2.5M expansion
Children’s Nest Learning Center – Hollins broke ground Friday on its $2.5 million Roanoke County campus expansion, estimated to create 15 jobs. Children’s Nest’s current facility at 504 Dexter Road in the Hollins area has 105 child care slots. The company will develop an adjacent parcel to build a 7,000-square-foot facility, adding more than 150 […]
The Highlander nearly complete in Radford
The Highlander, a $40 million boutique hotel and conference center, is expected to open next to Radford University soon. University officials and their partners in the project broke ground in April 2021 and expect it to be completed in January 2023. The conference hotel will have 124 rooms, including four suites, and a 4,000-squ[...]
Va. Tech taps Fralin Life Sciences Institute leader
A chemistry professor from Louisiana State University will join Virginia Tech as executive director of its Fralin Life Sciences Institute. Robin L. McCarley will start Dec. 1, the university announced Thursday. He was selected following a national search. McCarley is currently the Barbara Womack Alumni Association Endowed Profes[...]
Bowman gives $5M to Va. Tech for land development program
Reston-based Bowman Consulting Group Ltd. founder and CEO Gary Bowman committed $5 million to Virginia Tech’s College of Engineering for the expansion of sustainable land development learning initiatives, the university announced Monday. “The Bowman gift solidifies Virginia Tech as the premier undergraduate and graduate [...]