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Roanoke/New River Valley

Jun 14, 2024

BWXT team lands $30B federal nuclear contract

A joint venture led by a Lynchburg-based BWX Technologies subsidiary has been awarded a potential $30 billion Department of Energy contract to operate a nuclear weapons plant in Texas, the company announced Friday. The DOE’s National Nuclear Security Administration awarded the contract to PanTeXas Deterrence (PXD), a joint[...]

May 30, 2024

Artspace plans Roanoke artist housing community

Roanoke developer Ed Walker first tried to lure Artspace, a Minnesota-based ​​nonprofit real estate developer for the arts, to Roanoke for an early 2000s redevelopment project, but Artspace essentially ghosted him. “It’s very, very, very, very difficult to get Artspace’s attention and to get them interested in a commun[...]

May 30, 2024

FOR THE RECORD June 2024

CENTRAL VIRGINIA Washington, D.C.-based real estate analytics and data company CoStar Group will receive a grant from the City of Richmond worth several million dollars because of the company’s plan to build an office tower expected to generate more than $30 million in new tax revenue. On April 22, Richmond City Council approved an ordinance […]

Foster Fuels CEO Watt R. Foster Jr.
May 23, 2024

Foster Fuels wins potential $442M FEMA contract

Brookneal-based fuel delivery provider Foster Fuels has won an up to $442 million contract to provide emergency services to the Federal Emergency Management Agency. Under the five-year Defense Logistics Agency Energy (DLA) contract, which the Defense Department announced May 15 and Foster Fuels announced Tuesday, Foster Fuels wi[...]

A man wearing a suit stands behind a podium.
May 21, 2024

Broadband, renewable energy focuses for rural development, USDA administrator says

Rural communities can improve their economy and quality of life, Andrew Berke, administrator for the U.S. Department of Agriculture’s Rural Utilities Service, stressed during the opening of the fifth annual Investing in Rural America conference, held Tuesday at the Hotel Roanoke & Conference Center. The Federal Reserve Ban[...]

May 13, 2024

Woods Rogers returns to original name

Call it a strategy of going back to the future — the merged Woods Rogers Vandeventer Black law firm is shortening its name back to its original appellation of Woods Rogers, executives announced Monday. In 2022, Roanoke-based Woods Rogers merged with Vandeventer Black in Norfolk, creating the state’s fifth largest law fir[...]

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[...]

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