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Omni Homestead GM receives lifetime achievement award
The American Hotel & Lodging Association presented Mark Spadoni, managing director of The Omni Homestead Resort in Bath County, with the association’s General Manager Lifetime Achievement Award on Oct. 28. The association honored Spadoni in San Antonio at its second annual The Hospitality Show conference, cosponsored by Qu[...]
FOR THE RECORD NOVEMBER 2024
CENTRAL VIRGINIA Altria Group and Virginia Commonwealth University are discussing the possibility of the university buying the 450,000-square-foot Altria Center for Research and Technology in downtown Richmond, the two parties acknowledged in October. The East Leigh Street building is assessed at $275 million. If the deal comes to fruition, Altria plans to build a new […]
Harrisonburg coworking hub slated to open in December
UPDATED NOV. 1 James Madison University in Harrisonburg has long wanted to be more involved with innovation and entrepreneurship in the Shenandoah Valley region. So, when a co-founder of the Staunton Innovation Hub coworking space announced plans in 2022 to renovate the historic Wetsel Seed building into the Harrisonburg Innovat[...]
Dairy products manufacturer to expand in Augusta
Shamrock Farms, an Arizona-based dairy products manufacturer, will invest $59 million to expand its Augusta County manufacturing operation, Gov. Glenn Youngkin announced Tuesday. Shamrock Farms expects to create 28 jobs through the expansion, which will add 81,000 square feet to the manufacturer’s 250,000-square-foot facility in Mill Place Commerce Park. The company opened its Augusta facility […][...]
Growth in the valley
It can take a village — or a valley — to attract a multinational corporation. Shenandoah Valley economic and workforce development officials combined forces to entice Northrop Grumman to locate a 315,000-square-foot advanced electronics manufacturing and testing facility on a 63-acre site in Waynesboro, a project announced i[...]
Staunton Crossing industrial site gets ready for business
A $9 million state grant is helping Staunton reach the finish line on Staunton Crossing, its long-awaited industrial site. The state Virginia Business Ready Sites Program (VBRSP) development grant awarded Aug. 8 will help pay for a 1 million-gallon water tower and water supply lines, which will help complete water and sewer ac[...]
Culpeper tech zone attracts data centers
A Dallas-based developer seeking to build its fourth data center campus in Virginia had a problem. Finding sites large enough was getting difficult in Northern Virginia, where DataBank has two locations in Ashburn’s Data Center Alley and one in McLean. “Virginia is still a solid data center market,” says DataBank Chief Ope[...]
South Asian yogurt manufacturer to open Frederick County facility
Desi Fresh Foods, a producer of Indian-style spoonable and drinkable yogurt products, is opening a new manufacturing facility in Frederick County, creating 56 jobs, Gov. Glenn Youngkin announced Friday. The New York-based company will “invest a significant amount of money to open a new manufacturing facility,” according to a news release. Desi Fresh Foods and […]
Big deals
These economic development announcements were some of the largest in Virginia for 2023 and the first half of 2024: CENTRAL VIRGINIA Chesterfield County: In April, the offices of U.S. Sens. Tim Kaine and Mark Warner and U.S. Rep. Jennifer McClellan announced that Danish electrolyzer manufacturer Topsoe plans to build a $400 milli[...]
Cava opens Verona production and packaging facility
Nearly three years after announcing its initial plans, Mediterranean fast-casual restaurant brand Cava has opened a production and packaging facility in Augusta County’s Mill Place Commerce Park. The company held a ribbon-cutting ceremony for the facility in May. The Washington, D.C.-based company invested roughly $35 million [...]
For The Record August 2024
CENTRAL VIRGINIA Tobacco giant Altria Group, headquartered in Henrico County, will be allowed to market four different menthol-flavored e-cigarettes, the U.S. Food and Drug Administration said June 21. The announcement came two months after the Biden administration controversially delayed a decision on banning menthol cigarette sales. Marketed under Altria’s NJOY brand, the products are the […][...]
Competition’s fierce for Shenandoah medical marijuana permit
UPDATE: State delays choosing Shenandoah medical marijuana provider The Virginia Cannabis Control Authority (CCA) received 40 complete applications for conditional permits to operate as the state’s sole licensed pharmaceutical processor of medical cannabis for a region including the Shenandoah Valley, as well as Charlottesvill[...]
