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Carilion Clinic generated more than $3.2B in 2018, study shows
Roanoke-based Carilion Clinic generated more than $3.2 billion in economic impact and approximately 24,000 jobs in Virginia in 2018, according to a Carilion-commissioned study released Wednesday from the University of Virginia’s Weldon Cooper Center for Public Service’s Center for Economic and Policy Studies. Using data from Oct. 1, 2017, through Sept. 30, 2018, the economic […][...]
Roanoke-Blacksburg Regional Airport saw 17.7% increase in December
The Roanoke-Blacksburg Regional Airport (ROA) saw a traffic increase of 17.7% increase from December 2018 to December 2019, the airport announced Tuesday. For the year, ROA saw an 8.9% overall increase in passenger traffic — more than 719,000 passengers flew in 2019, compared to 660,000 in 2018. In December 2019, 61,827 passengers flew via ROA, […]
Gentry Locke announces 2020 management committee
Roanoke-based law firm Gentry Locke appointed one managing partner and five partners from its Roanoke and Richmond offices to its 2020 management committee, Gentry Locke announced Tuesday. Managing Partner Monica T. Monday will lead the management committee. Monday has been the firm’s managing partner since 2013 and in her[...]
Roanoke’s Poe & Cronk Real Estate Group names new president
Roanoke-based commercial real estate agency Poe & Cronk Real Estate Group has promoted Matt Huff as its new president, Poe & Cronk announced Tuesday. Huff joined Poe & Cronk in 2008 and in 2015 became the firm’s first executive vice president and chief operating officer. He succeeds Dennis Cronk, who will serve[...]
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 201[...]
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 Center[...]
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 […][...]
