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White Mill project closer to getting off the ground
Danville‘s highly anticipated $100 million White Mill redevelopment is starting to see positive movement. In August, Danville City Council unanimously approved a resolution to apply for a $5 million state grant from the Department of Housing and Community Development’s Industrial Revitalization Fund, a move to help w[...]
Hitachi Energy plans $37M expansion in Halifax County
Hitachi Energy Ltd. will invest $37 million to expand its operation in Halifax County, creating 165 jobs, Gov. Glenn Youngkin announced Wednesday. The technology company will add 26,000 square feet to its existing facility in the county to make space for a new production line of large transformers to support the utility and rene[...]
U.S. Navy to open training center in Danville
The Navy on Wednesday launched an additive manufacturing “center of excellence” to train students in defense manufacturing at Danville‘s Institute for Advanced Learning and Research, as well as announcing a larger training facility to be built nearby. The center of excellence is part of the 16-week Accelerated [...]
Danville Quality Inn sells for nearly $5M
A Quality Inn hotel in Danville with 58 rooms has changed hands. Anil Patel purchased the hotel located at 2175 Riverside Drive in Danville from Riverside Motel Corp. for $4.275 million, according to Colliers. The new owner expects to continue operating the hotel as a Quality Inn under a license from Choice Hotels. Prashant Merc[...]
Agriculture conference headed for Danville
A new conference for the controlled environment agriculture (CEA) industry will debut Oct. 25 at the Institute for Advanced Learning and Research (IALR) in Danville. One goal behind the event, dubbed CEA Summit East, is “highlighting some of the CEA growth that’s happening in Virginia — and particularly in Southern Vir[...]
Titanium company investing $82.1M in Halifax County
Charlotte, North Carolina-based IperionX Ltd., a minerals company that produces titanium metal powder for use in manufacturing, announced plans to establish Virginia’s first titanium demonstration facility in Halifax County, an investment of $82.1 million expected to create 108 jobs, Gov. Glenn Youngkin announced Tuesday. [...]
Hotel revenues continue to outpace 2019, but only slightly
The commonwealth’s hotel industry is continuing its recovery, though the Northern Virginia market continues to be a drag on its performance, according to data from STR Inc., a division of CoStar Group Inc. that provides market data on the U.S. hospitality industry. The latest data show rooms sold decreased by 4.6% in Virginia through August […]
IALR names Boeing exec to EVP role
The Institute for Advancing Learning and Research in Danville has named Todd M. Yeatts as executive vice president of manufacturing advancement, effective. Oct. 3. Yeatts joins IALR from The Boeing Co., where he was senior manager for government operations. At the IALR, he will oversee the manufacturing advancement training prog[...]
Charlotte County approves Va.’s largest solar farm
The largest solar project in Charlotte County — and Virginia, according to Dominion Energy Inc. — was approved by the county’s Board of Supervisors in July. Reston-based utility-scale solar developer SolUnesco LLC received a conditional-use permit to build the $800 million to $1.6 billion Randolph Solar project in the [...]
Va. officials woo chip manufacturers
U.S. Sen. Mark Warner and state and local economic development officials are vying to attract semiconductor chip manufacturing facilities to four Virginia industrial sites as the commonwealth gears up to fight for a piece of the financial pie from sweeping federal legislation that promises to ramp up chip production in the U.S. [...]
Caesars ups Danville casino investment to $650M
Caesars Entertainment Inc. has once again upped its investment in the forthcoming Caesars Virginia casino and resort in Danville, this time from $500 million to $650 million, while announcing Wednesday that the Eastern Band of Cherokee Indians is now a joint venture partner in the casino project. Plans for the casino include a[...]
BWXT appoints new president of nuclear operations
The new president of BWX Technology’s Nuclear Operations Group Inc. spent three decades working for the Navy as a civilian. Sharon H. Smoot started her new position Aug. 1. She is responsible for the BWXT subsidiary’s mission to provide a range of nuclear components and services, including manufacturing reactor components for Navy submarines and aircraft […]
