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Roanoke/New River Valley

May 1, 2024

Montgomery manufacturer to invest $1.6M to increase capacity

ESS Technologies, which specializes in packaging line design, equipment manufacturing and integration for the pharmaceutical, nutraceutical, cosmetic and consumer packaging goods industries, will invest $1.6 million to increase capacity at a new facility in Montgomery County, Gov. Glenn Youngkin announced Wednesday.  The new facility will be located in the former Jeld-Wen building on Scattergood Drive in Christiansburg, according[...]

Apr 29, 2024

Assembled with care

If you’re trying to visualize what powers manufacturing growth around Roanoke these days, picture 3D-printed helicopter blades and robotics, not old-style grommets. Also known as additive manufacturing, 3D printing produces objects by creating a series of consecutive layers, as opposed to “subtractive” manufacturing, which[...]

Apr 29, 2024

Roanoke Council approves Evans Spring plan

After months of heated debate, Roanoke City Council greenlit a development plan for Evans Spring, the largest piece of undeveloped land in the city. The plan, approved March 4 by a 4-3 vote, opens the door for potential economic development of 75 acres of the roughly 151-acre tract, city officials say. The recommended developmen[...]

A woman wearing a black blazer.
Apr 29, 2024

Va. Tech Property Management Advisory Board elects 2025-26 chair

On April 19, Virginia Tech Property Management Advisory Board members elected Renee Pulliam, vice president of operations for Thalhimer Multifamily as its 2024 vice chair and 2025-26 chair, according to Cushman & Wakefield | Thalhimer. Pulliam, who has been an advisory member since 2001, will serve a one-year term as vice ch[...]

A crowd gathered under a tent.
Apr 25, 2024

Artist housing developer considers Roanoke for first Va. project

Roanoke developer Ed Walker first tried to lure Artspace, a Minnesota-based ​​nonprofit real estate developer for the arts, to Roanoke in the early 2000s when he was transforming a former 1925 cotton textile mill into downtown living spaces. Artspace essentially ghosted him back then. “It’s very, very, very, very dif[...]

Mary Dana Hinton
Apr 23, 2024

Hollins president to chair national board

Hollins University President Mary Dana Hinton has been elected chair of the board of directors for the National Association of Independent Colleges and Universities (NAICU), the university announced April 17. Hinton begins her term on July 1 and leads a board of four officers and 14 board members. NAICU focuses on representing p[...]

A woman speaks at a lectern.
Apr 16, 2024

Carilion Clinic CEO receives American Hospital Association’s highest honor

At the American Hospital Association’s annual membership meeting in Washington, D.C., on Monday, Carilion Clinic CEO Nancy Howell Agee received the Distinguished Service Award, the association’s highest honor.  The AHA released a video of Agee winning the award, which recognizes “significant lifetime contributions and ser[...]

A Days Inn in Salem. Photo courtesy Marcus & Millichap
Mar 29, 2024

Hotel in Salem changes hands for $3.1M

A Days Inn in Salem sold for $3.1 million on March 26. Located at 1535 E. Main St., the two-story hotel has 70 rooms. It was built in 1974. Evergreen Hotels purchased the property from Devkison LLC, according to property records. Milin Mehta, Chase Dewese, Jack Davis and Joce Messinger with Marcus & Millichap’s Charlotte [[...]

Mar 28, 2024

Slow and steady

The Lynchburg region has seen the slowest job growth of any metro area in Virginia over the past three years, according to economic analyses, and it typically has a higher unemployment rate than the state average. But there’s more to the story, some officials say. For instance, the Lynchburg region saw 23 inquiries from econom[...]

Mar 28, 2024

Radford Hub aims to connect students, biz community

For The Hub at Radford, location is everything. The new economic development support center, which opened in October 2023, is just across the street from Radford University in downtown Radford. “Our location … is symbolic to the vital role we play as an anchor institution and as a strong contributor to the well-being of the [...]

Danielle Poe was named Franklin County's new economic development director in March 2024. Photo courtesy Franklin County.
Mar 27, 2024

Franklin County names economic development director

Roanoke County’s assistant director for economic development, Danielle Poe, will start her new job as director of economic development for Franklin County on April 15.  Since joining Roanoke County in 2022, Poe has been responsible for real estate development, business retention and expansion and key community partnerships, F[...]

Mar 19, 2024

Virginia Tech announces new CFO

Virginia Tech has hired Simon Allen as its chief financial officer and vice president for finance, the university announced Monday. Allen is currently vice president for finance and CFO of the Ithaca campus of Cornell University. In his new role, which he’ll start May 6, Allen will report to Virginia Tech Executive Vice Pr[...]

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