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Rocky Forge project faces stiff headwinds
Eight years after it was first proposed, Virginia’s first onshore wind farm remains grounded behind regulatory, legal and political obstacles. Charlottesville-based Apex Clean Energy first announced plans for its Rocky Forge wind farm in 2015. Apex aimed to have blades spinning by 2017 on 25, 550-foot-tall wind turbines on[...]
Third-party logistics company to expand in Pulaski County
Wytheville-based third-party logistics company Camrett Logistics will invest more than $2 million to expand in Pulaski County, creating an estimated 58 jobs, Gov. Glenn Youngkin announced Tuesday. Camrett Logistics’ investment in its Dublin facility will include construction, renovating existing space and buying new forkli[...]
20-unit Daleville apartment complex sells for $2M
A 20-unit apartment community in Botetourt County sold Tuesday for more than $2 million. Located at 151 College Drive in Daleville, the property’s first buildings were built in the early 1900s as a school, which was later affiliated with Bridgewater College before closing in 1933, according to Cushman & Wakefield | Tha[...]
Virginia Tech receives $10M gift for endowed scholarship
Preston White, the founder of Virginia Beach-based concrete contractor Century Concrete, and his wife, Catharine, have donated $10 million to Virginia Tech to create an endowed scholarship, the university announced Tuesday. The Whites’ latest gift to Tech, the Preston and Catharine White Endowed Diversity Scholarship, will[...]
Envelope maker to expand in Bedford County
Forest-based Parkland Direct, a lithographic print and custom envelope manufacturer, will invest $10 million to expand in Bedford County, creating 41 jobs, Gov. Glenn Youngkin announced Tuesday. The company will add 50,000 square feet to its current 60,000-square-foot facility to increase production capacity with the addition of two converters and press machines. The family-owned business […][...]
Virginia Tech professor named MacArthur Fellow
Linsey Marr, a university distinguished professor and the Charles P. Lunsford Professor of Civil and Environmental Engineering at Virginia Tech, on Wednesday was named one of this year’s 20 MacArthur Fellows. A prestigious award known as the “genius grant,” the fellowship is awarded annually by the John D. and [...]
Friendship retirement community acquires Richfield Living
Friendship, a Roanoke-area retirement community, announced Monday that it has acquired Richfield Living, a former competitor in the region, for $62 million. Friendship announced the acquisition Monday. The combined not-for-profit retirement communities will operate under the name Friendship, but will keep Richfield Living’s name and identity, and will have 1,000 employees serving 1,500 residents, according […][...]
VTCSOM seeks to create neurosurgery department
Administrators at the Virginia Tech Carilion School of Medicine are working toward establishing a department of neurosurgery, a step up from its smaller program. The State Council of Higher Education for Virginia (SCHEV) received the school’s proposal for creating the new department in early August and could vote on it as [...]
October 2023 FOR THE RECORD
Central Health system Bon Secours filed suit against insurer Anthem Health Plans of Virginia Aug. 30 in Henrico County Circuit Court, alleging Anthem owes Bon Secours $93 million in unpaid claims. The plaintiff, BSMH Virginia, alleges Anthem Health Plans of Virginia, doing business as Anthem Blue Cross and Blue Shield, failed to pay “in excess […]
Wells Fargo to launch $87M expansion in Roanoke County
San Francisco-based Wells Fargo will spend $87 million to modernize and expand its Roanoke County customer support center, adding 1,100 jobs in a deal that will make the bank the county’s largest employer. The deal is also the largest project employment announcement in the county’s history, as well as its largest commercial office investment, Gov. […]
Virginia Tech research institute receives $50M gift
A foundation established by the estate of Richmond philanthropist Bill Goodwin‘s late son, Hunter, has made a $50 million commitment to support cancer and neuroscience research at the Fralin Biomedical Research Institute at VTC, Virginia Tech announced Tuesday. The gift is one of three record $50 million donations Virginia[...]
Va. Tech names chief of staff for university operations
Virginia Tech has named Brennan Shepard its chief of staff for university operations. Shepard was most recently director of financial planning in the the university’s Office of Budget and Financial Planning and has served in various roles in the finance division over the past 15 years. He officially began his new role on A[...]
