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Here’s the tea: Traditional Medicinals to invest $29.7M in Franklin County
Rohnert Park, California-based wellness tea company Traditional Medicinals Inc. will invest $29.7 million to establish its East Coast operation, an herbal tea manufacturing and processing plant, in Franklin County’s Summit View Business Park, creating 56 jobs, Gov. Ralph Northam announced Tuesday. The company will build a 125,000-square-foot facility for production of its organic and herbal […][...]
Pennsylvania warehousing company invests $12M in Pulaski County operation
Milton, Pennsylvania-based warehousing company The Patton Logistics Group will invest $12 million to establish a logistics and warehousing operation in the New River Valley Commerce Park in Pulaski County, creating 33 jobs, Gov. Ralph Northam announced Tuesday. Virginia competed with North Carolina for the project, which will create a hub for motor carrier freight services […]
Retail building sells for $3.45M in Roanoke
A retail building in Roanoke occupied by Ollie’s Bargain Outlet has sold for $3.45 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Tuesday. The building was previously occupied by Toys “R” Us until Ollie’s, a Pennsylvania-based discount retail chain, took over the lease in 2018. The 45,00[...]
Roanoke accounting firm acquires real estate title firm
Roanoke-based accounting firm Brown Edwards acquired Salem-based Covenant Real Estate Services LLC as of Jan. 1, Brown Edwards announced Monday. Financial terms of the deal have not been disclosed. Covenant was founded by Roger Kronau and Jerry Dunnavant, and both will serve in leadership positions under the acquisition. Kronau will continue his work as the […]
Virginia Tech prepares to grow computer science grads
The state is investing nearly $1 billion in technology education, and Virginia Tech will be the largest recipient — along with bearing responsibility for producing more than 16,000 computer science degree-holders over the next two decades. Gov. Ralph Northam announced in November that 11 state colleges and universities will re[...]
Patients’ favorites
Virginia’s overall patient satisfaction rate dipped in a recently released nationwide survey, but a consistent group of hospitals in the commonwealth continues to receive high marks. The patient satisfaction scores come from the annual Hospital Consumer Assessment of Healthcare Providers and Systems conducted by the Centers fo[...]
Appalachian Power awards $57,500 in economic development grants
Appalachian Power awarded a total of $57,500 to nine Virginia organizations through the energy company’s Economic Development Growth Enhancement (EDGE) program, the Southern Virginia Regional Alliance (SVRA) announced Friday. SVRA was awarded $16,500 for marketing materials and videos of the southern region and regional mega-sites. “We are thankful for the support that Appalachian Power provides […][...]
Go Virginia awards $5.8 in regional grants
Nine regional projects will receive a combined $5.8 million in Growth and Opportunity for Virginia (GO Virginia) funding, Gov. Ralph Northam announced Wednesday. The grants, which were approved by the Go Virginia Board and the Virginia Department of Housing and Community Development, will support regional economic development and workforce development initiatives and encourage collaboration among local […][...]
Truist names three Virginia regional bank presidents
Truist Financial Corp., the Charlotte, North Carolina-based mega bank created in December following the merger of BB&T and SunTrust, announced Tuesday it has named 24 regional presidents, three of whom will oversee the Virginia market. “Our ability to leverage our unique community model with its decentralized, regional str[...]
Despite setbacks, Mountain Valley Pipeline inches forward
The Mountain Valley Pipeline is three years behind schedule, $2 billion over budget and has lost four required permits it needs to continue construction. The 4th U.S. Circuit Court of Appeals stopped work on the pipeline to review a lawsuit over one of those permits, and another suit over environmental violations ended with MVP [...]
Despite setbacks, Mountain Valley Pipeline inches forward
The Mountain Valley Pipeline is three years behind schedule, $2 billion over budget and has lost four required permits it needs to continue construction. The 4th U.S. Circuit Court of Appeals stopped work on the pipeline to review a lawsuit over one of those permits, and another suit over environmental violations ended with MVP [...]
Carilion president donates $1 million for new cancer center
Carilion Clinic President and CEO Nancy Howell Agee and her husband, U.S. Circuit Judge G. Steven Agee, have given $1 million to launch the $100 million Carilion Clinic Cancer Center on the VTC Health Sciences and Technology campus in Roanoke, the nonprofit health care organization announced Tuesday. “Cancer care has long held[...]
