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Cooling equipment manufacturer plans $29.9M expansion in Botetourt
Munters, an air treatment and climate control solutions company with its global headquarters in Sweden, plans to invest $29.95 million on a 200,000-square-foot expansion of its HVAC manufacturing facility in Botetourt County, according to a Tuesday announcement by Gov. Glenn Youngkin. The new manufacturing facility, which will b[...]
Trump Town owner found not guilty of assault, indecent exposure
A judge Monday found Donald “Whitey” Taylor, owner of Boones Mill’s Trump Town retail store, not guilty of misdemeanor charges of indecent exposure and assaulting three store employees. “It was very rewarding,” Taylor said of the verdict. “These ladies were just looking for money.” Requests for comment from the[...]
Verge rebrands to Roanoke Blacksburg Innovation Alliance
Verge, a collective of organizations dedicated to tech-based economic development in the Roanoke and New River valleys, announced a rebrand Tuesday, an effort that includes a new website, logo and a new name — the Roanoke Blacksburg Innovation Alliance (RBIA). Previously, Verge, which has roots dating back to 2013, used “Roa[...]
Timmons Group opens Roanoke office
Timmons Group has opened an office on Norfolk Avenue in Roanoke, according to a Thursday announcement by the engineering, design and technology services firm, which has headquarters in Chesterfield County. Timmons has 20 offices, including the new Roanoke office and its headquarters, located across Virginia, North Carolina, Mary[...]
Roanoke/New River Year-in-Review: 2024 was about laying groundwork
Not every year can be 2023. That’s the verdict from economic development watchers in a wide stretch of Virginia, ranging from Lynchburg west through Roanoke and Salem to the New River Valley. In 2023, this region experienced a burst of business announcements with a total investment of at least $387 million and expectations[...]
Roanoke/New River Big Deal: Framatome expands for a small modular future
The future is small, modular and very bright, according to Framatome, the nuclear energy company that is one of Lynchburg’s largest employers. A presence in the city since the 1980s, Framatome broke ground in April 2024 on a $49.4 million, multi-year expansion and renovation at its Mill Ridge Road facility, one of the comp[...]
BWXT wins $2.1B in U.S. Naval Nuclear Propulsion Program contracts
The U.S. Naval Nuclear Propulsion Program has awarded BWX Technologies contracts totaling about $2.1 billion, the Lynchburg-based nuclear components and fuel supplier manufacturer announced Wednesday. The contract involves nuclear reactor component manufacturing and material procurement for Columbia and Virginia class submarines[...]
Riverdale project moves forward in Roanoke
Work on the $50 million-plus Riverdale mixed-use redevelopment planned for more than 126 acres on the sprawling former campus of American Viscose, a rayon plant that closed in the late 1950s, is moving right along. Developer Ed Walker shared a lengthy written update on the project Jan. 24 that included a rendering of a 267-unit [...]
Va.’s first onshore wind farm sells power to Google
Even as political winds shift in Washington, D.C., a long-delayed onshore wind farm in Botetourt County might finally be sailing to completion. Charlottesville-based Apex Clean Energy announced in December 2024 that it has reached a deal for Google to purchase the full capacity of Rocky Forge Wind, a wind farm the Charlottesvill[...]
Carilion CEO appoints chief of staff
Carilion Clinic has named Chris Turnbull chief of staff for Steve Arner, the Roanoke-based health care system’s president and CEO, according to a Monday announcement. Joining Carilion as a senior advisor in public relations and corporate communications in 2014, Turnbull went on to become senior director of corporate commun[...]
Riverdale, Roanoke foundry projects progress with zoning votes
Two ambitious Roanoke mixed-use readaptation projects are one step closer to rezoning under the city’s new “urban center” designation, which aims to create more pedestrian-friendly development. Developer Ed Walker’s Riverdale, a 126-acre multiuse project proposed on the site of Roanoke’s former Amer[...]
NRV passenger rail on track for 2027
Sooner than initially anticipated, rail passengers will be able to ride to and from the New River Valley for the first time since 1979. In late August 2024, the Virginia Passenger Rail Authority approved a deal that would bring Amtrak service to the region via Norfolk Southern’s main line from Roanoke by 2027. Passengers w[...]
