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Hooker restructuring targets $25M savings by FY27
Hooker Furnishings launches restructuring to cut $25M in fixed costs by FY27, closing warehouses and expanding overseas operations for savings.
Mecklenburg says no to future large solar projects
Mecklenburg County halts future utility-scale solar farms, citing concerns about aesthetics, land use and financial impact.
Danville’s River District Association CEO resigns
Diana Schwartz is resigning as CEO of Danville’s River District Association, effective June 5.
Georgia-Pacific to close Emporia mill, cutting 550+ jobs
Georgia-Pacific will permanently close its Emporia plywood mill, cutting 550 jobs. The shutdown deals another economic blow to Southern Virginia.
Chase City to turn old school into apartments
After years of debate, Chase City has approved plans to convert the long-shuttered Robert E. Lee school into 25 apartments led by Echelon Resources.
Henry County eyes $1.2M sale of 1,200-acre industrial site
Henry County's IDA has signed a deal offering a company the option to buy a 1,200-acre industrial site near Patriot Centre for $1.2M, boosting job prospects.
Chase City approves conversion of long-shuttered school
Chase City approves plan to convert the old Robert E. Lee Community Center into 25 apartments after a long debate and revised deal with a developer.
Averett names next president, to be installed May 1
Averett University announced Friday it will install its next president, Thomas H. Powell, on May 1, after the sudden resignation of its previous president April 11, who cited his wife's serious medical issue as his reason for stepping down.
Federal ‘uncertainty’ delays start of $1.3B Microporous project in Pittsylvania
Construction on Microporous’ $1.3 billion lithium-ion battery separator plant at the Southern Virginia Megasite at Berry Hill will be delayed from April until June or July, following uncertainty regarding its federal funding, according to a Pittsylvania County official. Matt Rowe, Pittsylvania’s economic development [...]
Developer withdraws unpopular Pittsylvania data centers proposal
After months of Pittsylvania County residents and business owners speaking against an $8.85 billion data center campus and natural gas power plant proposed for land along Chalk Level Road, the developer announced Monday that it has withdrawn its rezoning application “The company is now evaluating alternative development option[...]
U.S. Cellular to lay off 95 Va. employees due to T-Mobile merger
U.S. Cellular will lay off 95 workers in Virginia in June, according to a post on the Virginia Department of Workforce Development’s website Friday. The Chicago-based U.S. Cellular’s wireless operations will be sold to T-Mobile for $4.4 billion, the companies announced in May 2024, and U.S. Cellular plans to lay off [...]
Virginia’s Gateway Region adds three localities to footprint
Virginia’s Gateway Region Economic Development Organization announced Thursday that its board of directors voted three additional Virginia localities — the city of Emporia, along with Greensville and Brunswick counties — into its geographic footprint. Based in Colonial Heights, the VGR is a private nonprofit economic d[...]
