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Skanska to construct $69M Va. Tech building
Virginia Tech‘s $69.5 million Undergraduate Science Laboratory Building will be constructed by Skanska and completed by April 2024, the Swedish builder announced Monday. Virginia Tech announced plans for the building in late March, and construction started in April. The 102,000-square-foot building will provide teaching an[...]
Salem apartment complex sells for $12M
A 132-unit apartment complex in Salem has sold for $12 million, Cushman & Wakefield | Thalhimer announced Wednesday. Viewnorth Apartments LLC purchased the property from Northview Apartments LLC on April 29. The buyer plans to upgrade the community, according to a news release about the transaction. The apartments are locate[...]
Biotech industry seeks push forward
With more than $25 million, nearly all taxpayer money, a collaborative partnership of government, business and nonprofit organizations plans to build an accelerator for biotech startups in the Roanoke Valley. Supporters say the initiative will create 250 jobs through 25 new startups over five years, generating $20 million in ann[...]
Carilion Clinic receives $1M gift for education program
An anonymous couple has given Carilion Clinic a $1 million gift to support its employee career advancement program, the Roanoke health system announced Thursday. The Your Efforts, Supported program (YES) will launch later this year, with a goal to assist entry-level health care employees to earn certifications and further their education to meet career goals. […]
Woods Rogers, Vandeventer Black law firms to merge July 1
Woods Rogers PLC and Vandeventer Black LLP announced Wednesday that the two law firms have agreed to merge as Woods Rogers Vandeventer Black, creating the state’s fifth-largest firm, with more than 130 attorneys and a total workforce of 250 people. The merger will go into effect July 1. Daniel Summerlin, president of Roano[...]
HCA Virginia names new LewisGale CEO and market president
Alan Fabian, formerly CEO of LewisGale Hospital Montgomery in Blacksburg, has been promoted as market president and CEO of Salem-based LewisGale Regional Health System, its parent health system, HCA Virginia, announced Tuesday. Fabian has been with HCA Healthcare since 1995 and at LewisGale Hospital Montgomery since 2013. Before[...]
Va. construction contractor upsizes Roanoke office
Chesterfield County-based commercial and industrial contractor Atlantic Constructors Inc.’s Roanoke team moved this month into a renovated building double the size of its previous office and shop/warehouse space. The building at 1302 Rockland Ave. NW is 32,000 square feet. Property records show that ACI Suffolk LLC purchas[...]
Va. Tech to lead cybersecurity workforce initiative
Virginia Tech has received a $1.5 million award to lead an initiative that could help close a gap in the cybersecurity workforce. The award, announced April 5, comes from the nonprofit Griffiss Institute, a New York-based STEM and defense technology incubator that runs the Department of Defense’s Virtual Institutes for Cyb[...]
Roanoke Times union, Lee settle on new contract
The Roanoke Times newsroom union said Tuesday it has agreed on a new two-year contract with owner Lee Enterprises, following a brief picket line last week. Members of the Timesland News Guild, which represents 30 employees of The Roanoke Times and Laker Weekly, will receive 2% annual raises, and minimum full-time pay will rise about […]
Roanoke-based TMEIC Corp. Americas buys Spanish division
The Roanoke-based subsidiary of crane automator Toshiba Mitsubishi-Electric Industrial Systems Corp. has completed the acquisition of Spanish maritime terminal business Orbita Ingeniería S.L.’s ports and terminals division, as of April 1. The companies did not divulge financial details. The acquisition was completed throu[...]
Roanoke Times union pickets over wages, mileage
The Roanoke Times’ newsroom union staged its first-ever picket line briefly Monday as a message to the newspaper’s owners, Lee Enterprises, which the union says won’t budge on requested salary and mileage reimbursement increases. Alison Graham, vice chair of the Timesland News Guild and a staff writer at The Ro[...]
Ridge View banks on Roanoke region
Drawn by the Blue Ridge’s “blue-collar atmosphere,” a new bank has set up shop in the Roanoke region. Ridge View Bank, a division of Pennsylvania-based CNB Bank, opened for business in October 2021 and plans to be headquartered in the city of Roanoke next year. “We’re not ready to disclose the exact location ye[...]
