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Microporous to start construction in May on $1.35B Pittsylvania project
Microporous will begin construction in May on its $1.35B battery separator plant in Pittsylvania County after securing project financing.
Car service company launches in South Boston
Southern Transfer launches limo and shuttle service in South Boston, offering rides to Raleigh-Durham airport and local destinations with luxury vehicles.
FOR THE RECORD: May 2026
CENTRAL VIRGINIA Delaware-based Fortune 500 specialty chemical company DuPont has completed the divestiture of its Aramids business, a designer and producer of synthetic fibers including Kevlar and Nomex, to Georgia-based manufacturer Arclin for about $1.8 billion, Arclin announced April 1. The sale will affect DuPont’s [...]
United Felts to acquire German manufacturer BKP
Martinsville-based United Felts announced last week that it has acquired German manufacturer BKP Berolina Polyester.
Martinsville bank sells Justice family’s overdue loans to Omni Hotels entity
Carter Bankshares sold $209.48 million in past-due loans tied to the Justice family to a subsidiary of TRT Holdings, owner of Omni Hotels & Resorts.
Pittsylvania celebrates rocket motor factory
Hurt Mayor and Pittsylvania County native Gary Hodnett remembers the families who had to pack up their lives and move to find work after Burlington WorldWide shut down its operation there in 2007, laying off about 500 employees. And so, Hodnett certainly celebrated in February when Avio USA, the Arlington County-based U.S. subsi[...]
Bobe to leave Danville economic development for regional foundation
Corrie Teague Bobe is stepping down as Danville's director of economic development and tourism to join the Danville Regional Foundation as director of economic development and regional collaboration.
Berry Hill Megasite sale could bring $73B project
A $73 billion data center project could come to the Berry Hill megasite after officials approved a land sale deal with Stack Infrastructure.
Investor buys Morgan Olson facility in Pittsylvania
An investment buyer purchased the 927,500-square-foot Morgan Olson manufacturing plant at Cane Creek Centre in Pittsylvania County.
Fukoku Korea to invest $18.9M in Henry manufacturing facility
Fukoku Korea will invest $18.9 million to open a manufacturing plant producing automotive components in Henry County, Virginia, creating 60 jobs.
AeroFarms works toward sale of Pittsylvania location; closure delayed
AeroFarms works through a sale process as its Danville vertical farm faces possible closure and 145 job losses.
Hitachi Energy powers up $457M expansion in South Boston
Hitachi Energy will invest $457 million to expand power transformer production in South Boston, creating 825 jobs and building the nation’s largest large transformer plant.
