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Southern Virginia

A slot machine
Oct 16, 2025

Virginia casinos report $73M in September revenue

September gaming revenues for Virginia’s three casinos totaled $73.08 million, down almost 14% month-over-month but up 29% year-over-year

Courtesy Averett University
Oct 8, 2025

Averett gets OK to proceed with North Campus sale

Averett University won bondholder approval for an $18.15M North Campus sale-leaseback to help stabilize its finances.

Anne Smith. Photo courtesy Hooker Furnishings.
Oct 8, 2025

Hooker Furnishings CAO to depart in cost-cutting plan

Hooker Furnishings is parting ways with its chief administration officer as part of its ongoing cost-cutting initiatives.

Danville invests $3 million to prep Coleman site
Sep 29, 2025

Danville invests $3 million to prep Coleman site

In July, Danville City Council members OK’d an infusion of funding for 158 acres on Gypsum Road known as the Coleman site, which is being readied for industry. In July, council members unanimously agreed to move $3 million from the city’s gas fund to its economic development fund to meet grant matching requirements. [...]

Nipro PharmaPackaging will close its Meckenburg County facility in October, according to town official. Photo courtesy Nipro PharmaPackaging
Sep 18, 2025

Pharma packaging plant closing in Mecklenburg

Nipro PharmaPackaging will close its Mecklenburg County facility by October, according to a local official, cutting 30 jobs.

Hampton logistics company closes, laying off 63
Sep 11, 2025

Butler Human Services Furniture to close Mecklenburg operations

Butler Human Services will close two Chase City facilities in Mecklenburg County, cutting 51 jobs.

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Sep 9, 2025

Nathan Trotter plans $65M tin processing plant in Southern Virginia

Nathan Trotter will invest $65M in a Henry County tin processing facility, creating 118 jobs and boosting the U.S. critical minerals supply chain.

Hitachi Energy to invest $457M in Virginia expansion
Sep 4, 2025

Hitachi Energy to invest $457M in Virginia expansion

Hitachi Energy announced Thursday it will invest $1 billion to expand its U.S. grid infrastructure manufacturing, with roughly half of that investment going into Virginia, where it plans to add 825 jobs. The electrical equipment manufacturer will invest $457 million to build the nation’s largest manufacturing site for larg[...]

A close-up image showing neatly stacked booster boxes from the Pokemon Trading Card Game, specifically the Korean edition of the Terastal EX series. AdobeStock
Aug 13, 2025

$10M fulfillment center planned at ex-military tank museum

MerryGoRound will invest more than $10M to establish a live commerce division in Pittsylvania County, creating more than 200 jobs.

Daly Field at Frank R. Campbell Stadium at Averett University. Photo courtesy Averett University
Aug 12, 2025

Averett plans $18.15M sale-leaseback of North Campus

Averett University, which is weathering a financial crisis, seeks bondholder approval of an $18.15M sale-leaseback of its North Campus

Courtesy Averett University
Aug 7, 2025

Judge orders Averett dispute to arbitration

Averett University must resolve its $20M endowment dispute with ex-CFO and investment firm GSIS through arbitration, per federal court order.

Signs on Hollywood Beach in Florida for the Margaritaville Resort. Photo by Depositphotos
Aug 5, 2025

Not wasting away: Hooker Furnishings to launch Margaritaville collection

Hooker Furnishings will launch the Margaritaville home collection at High Point Market, thanks to an exclusive licensing partnership.

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