Sign In
Free Newsletter
Caesars Virginia names Danville casino contractor
Caesars Virginia has named Baltimore-based Whiting-Turner as the general contractor to build its $500 million resort and casino in Danville, Caesars Entertainment announced Monday. The resort will have a 500-guestroom hotel, a casino with more than 1,400 slot machines and table games, a Caesars sportsbook and a World Series of P[...]
AeroFarms plants roots in Cane Creek Centre
AeroFarms won’t harvest the first crops at its new Cane Creek Centre facility until summer, but the company is already expanding. In December 2019, the Newark, New Jersey-based indoor agriculture company announced it would invest $42 million and create 92 jobs in the 136,000-square-foot facility building in the industrial park[...]
Davenport Energy promotes Harold Thornton to president
Chatham-based Davenport Energy Inc. has promoted Harold E. “Hal” Thornton Jr. to president, the company announced Tuesday. Thornton has been with Davenport, a provider of gas, diesel fuel propane and petroleum products, for 27 years. He was initially hired as human resources director in 1995, rising through the ranks[...]
ODU and IALR to launch manufacturing engineering tech degree
Old Dominion University will launch Virginia’s first four-year degree in manufacturing engineering technology (MfgET) at its Norfolk campus and a satellite campus at The Institute for Advanced Learning and Research (IALR) in Danville, the university announced Thursday. “This partnership reinforces Old Dominion University’s[...]
Danville Pittsylvania Chamber names next CEO
A familiar face will take the helm of the Danville Pittsylvania Chamber of Commerce in April. Anne Moore-Sparks will serve as the chamber’s next president and CEO, the chamber announced Monday. “Anne is well known in the community and will bring her connections and strong interpersonal skills to the Chamber,” John Sett[...]
ValleyStar Credit Union names 3 new execs
Martinsville-based ValleyStar Credit Union has named three new executives to its leadership team. Justin Barnes will be the credit union’s chief lending officer, Mendy Shaffer will be interim chief financial officer, and Robert Sparrow will be chief risk officer. Barnes began his financial services career in 1999 and has spent 23 years in lending, according […]
Big bird
In August 2021, Tyson Foods Inc., one of the world’s largest food companies, announced it will invest $300 million to establish a 325,000-square-foot manufacturing facility in Pittsylvania County, creating 376 full-time jobs. Just two months later, Tyson broke ground on the project at Cane Creek Centre, an industrial park just[...]
Making headway
Corporate investments are on the upswing in Southern Virginia, along with a desire to increase production, says Linda Green, executive director of the Southern Virginia Regional Alliance. “People have a lot of pent-up demand, and companies are responding to that,” she says. “We have lots of interest and activity.” Compan[...]
J.B. Hunt to acquire Bassett Furniture subsidiary for $87M
A subsidiary of Lowell, Arkansas-based transportation company J.B. Hunt Transport Services Inc. has entered into a definitive agreement to acquire a subsidiary of Bassett-based home furniture manufacturer and marketer Bassett Furniture Industries Inc. for $87 million, the companies announced Monday. J.B. Hunt Transport Services�[...]
Averett students take flight at Danville airport
Times are changing at Danville Regional Airport. Averett University became the airport’s fixed-base operator in July 2021, replacing General Aviation Inc., a family-owned business which served as the FBO for more than 70 years. The city of Danville owns the airport and its fueling facility. The city’s chosen FBO pays the cit[...]
U-Haul to build self-storage facility in Danville
U-Haul Moving & Storage of Riverview will build a 100,000-square-foot, multistory self-storage unit on nine acres in Danville, the company announced Friday. The facility, which will contain at least 700 indoor storage units, will be built northwest of Riverview Drive and east of Park Avenue. “We’re in expansion mode,” said U-Haul Co. of Southern Virginia […]
Va. housing market broke records in 2021
Last year Virginia’s housing market was one for the record books, according to a new report released Jan. 21 by Virginia Realtors. In 2021, there were 154,340 home sales statewide, a 10.2% increase over 2020, according to the industry association. The median sales price was $350,000, a $30,000 jump, or 9.4% increase, from the previous […]
