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Carilion completes purchase of Stonewall Jackson Hospital for $10.9M
Roanoke-based Carilion Clinic announced Friday it has completed the purchase of Lexington’s Stonewall Jackson Hospital from the SJH Community Health Foundation. This was the final 20% — valued at $10.9 million — left for Carilion after its initial 2005 investment. With the purchase comes a new name, Carilion Rockbridge[...]
Elkton shopping center sells for $5M
A shopping center in Elkton has sold for $5 million, Colliers International’s Virginia Retail Investment Team announced Thursday. The 90,943-square-foot Elkton Plaza was sold by an affiliate of Kodiak Properties LLC to Elkton Plaza LLC. The shopping center — 82% leased at the time of the sale — is anchored by Food Lion and[...]
American Woodmark overhauls leadership after internal investigation
Winchester-based cabinetry manufacturer American Woodmark Corp. announced Tuesday a leadership overhaul following an internal investigation of R. Perry Campbell, senior vice president of sales and commercial operations, which found he had violated company policy and values. President and CEO S. Cary Dunston has retired and res[...]
Mary Baldwin expands, refocuses MBA program
Mary Baldwin University has redesigned and expanded its MBA program, the Staunton-based private university announced this week. It will include four concentrations, including health care administration and nonprofit management, as well as strategic management (improving operations through systems or organizational change) and su[...]
Valley poultry plants see less virus testing
After a fast-growing COVID-19 outbreak started in Eastern Shore poultry processing plants in April, state and federal health officials mobilized quickly, conducting plantwide and community testing within days. More than 980 cases and 13 deaths were recorded in Accomack County by early June. The story’s been very different in R[...]
Hershey announces $135M Augusta County expansion
The Hershey Co. will invest $135 million to expand its manufacturing operation in Augusta County, Gov. Ralph Northam announced Tuesday. The 90,000-square-foot expansion of the Stuarts Draft facility will create 110 jobs. Hershey Chocolate of Virginia Inc. has operated in Augusta County for more than 30 years, employing more than[...]
Two retail spaces in Harrisonburg sell for $5.25M
Two retail spaces in a Harrisonburg shopping center have sold for a total of $5.25 million, Harrisonburg-based commercial real estate brokerage Cottonwood Commercial announced Monday. The 2,500-square-foot Starbucks unit and a 5,000-square foot unit occupied by Potbelly Sandwich Shop and Sleep Number, a bedding store, were pur[...]
JMU leaders want Confederate names removed from buildings
James Madison University announced Monday that university leadership is asking the JMU Board of Visitors to rename three campus buildings on its Quad that are named for Confederate leaders Gen. Thomas “Stonewall” Jackson, Col. Turner Ashby Jr. and Matthew Fontaine Maury. “We recognize that these building names a[...]
Virginia gets new digits
On Wednesday, the Virginia State Corporation Commission (SCC) announced that the North American Numbering Plan Administrator has assigned a new area code, 826, to relieve future exhaustion of the 540 area code, which is expected to occur in 2022. Residents and businesses in the affected region will not lose their existing 540 phone numbers under […]
Eastern Mennonite University president to serve second term
Eastern Mennonite University President Susan Schultz Huxman has been appointed to a second five-year term, the Harrisonburg-based private liberal arts university announced Tuesday. Huxman began her first term on Jan. 1, 2017. The university board of trustees unanimously approved the appointment, which will be effective Oct. 1 [...]
Va. Economic Developers Assoc. announces award recipients
The Virginia Economic Developers Association (VEDA) announced Tuesday the recipients of its 2020 Community Economic Development Awards (CEDA): the city of Harrisonburg for its Bricks & Clicks Initiative and a regional economic development collaboration among Pittsylvania County, Danville and the Southern Virginia Regional Al[...]
Valley Health welcomes new president, CEO
Winchester-based Valley Health welcomed new president and CEO Mark Nantz to the regional health care system on June 1. He succeeds previous president and CEO Mark Merrill, who held the position for 11 years. Nantz most previously was the chief administrative officer and Atlantic group president with Bon Secours Mercy Health. He [...]
