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Va. casino revenues total $58.5M in December 2023
Virginia’s three casinos generated $58.5 million in December 2023 gaming revenues, according to data released Friday by the Virginia Lottery. Virginia’s first casino, the Bristol Casino: Future Home of Hard Rock temporary facility, opened July 2022. The Virginia Lottery Board approved HR Bristol’s casino license in April 2[...]
Pittsylvania site is top contender for lithium-ion battery plant
The Southern Virginia Megasite at Berry Hill in Pittsylvania County is the top contender for a lithium-ion battery manufacturing project that could top $1 billion in investments and about 1,500 jobs, according to its CEO. After a $100 million grant for the project was announced by the U.S. Department of Energy Nov. 27, 2023, Ten[...]
Va. economic developers group elects new leaders
The Virginia Beach-based Virginia Economic Developers Association announced its new slate of officers and directors Tuesday. Linda Green, the Danville-based Institute for Advanced Learning and Research’s vice president of economic development, as well as executive director of the Southern Virginia Regional Alliance, will ser[...]
Lynchburg and Danville law firms to merge
The law firms of Petty, Livingston, Dawson & Richards in Lynchburg and Southern Virginia Legal (SoVa Legal) in Danville will merge to become PLDR Law beginning Jan. 1, 2024, the two law firms announced Wednesday. Together, the two firms will jointly have 16 attorneys and have offices in Lynchburg and Danville, serving commun[...]
Va. casinos report $51.2M in November revenue
Gaming revenues from Virginia’s three casinos totaled $51.2 million in November, according to Virginia Lottery data released Friday. Virginia’s first casino, the Bristol Casino: Future Home of Hard Rock temporary facility, opened July 2022. The Virginia Lottery Board approved HR Bristol’s casino license in April 2022. The [...]
Danville considers new rules for short-term rentals
Amid a boom in local short-term residential rentals like Airbnbs, Danville officials are examining ways to regulate the practice. Caesars Entertainment opened its temporary Danville Casino in May, drawing some area visitors. Additional factors driving short-term rentals, speculates Danville City Manager Ken Larking, may include [...]
Pittsylvania site is top contender for $100M battery project
Updated 4:15 p.m. Nov. 28 The Southern Virginia Megasite at Berry Hill in Pittsylvania County is the top contender for a lithium-ion battery manufacturing project that could top $1 billion in investments and about 1,500 jobs, according to its CEO. Tennessee-based Microporous, whose legal entity is MP Assets, confirmed early Tues[...]
Benchmark Community Bank, parent announce next CEO
Kenbridge-based holding company Benchmark Bankshares and its bank, Benchmark Community Bank, will have a new leader at the start of the new year. Jay A. Stafford, president and CEO of the holding company and CEO of Benchmark Community Bank, will retire Dec. 31. He will also retire from the bank’s and company’s boards of dire[...]
New IALR lab to feature ‘automagic’ manufacturing tech
Butch Kendrick once worked in a factory making plywood suitcase components. Each time he ran a strip of plywood through a planer, he heard a loud, screeching whine. “I would hear that noise in my head until I went to sleep,” Kendrick says. “And I’ve never forgot that. Anyone who works in manufacturing, if I […]
Va. localities crack down on short-term rentals
RICHMOND, Va. — Several Virginia municipalities have recently drafted or passed ordinances to regulate short-term rentals. Scrutiny of short-term rentals mirrors a nationwide trend. Companies like Airbnb and Vrbo have become popular lodging options for tourists, as well as people in need of temporary housing. Municipalities ha[...]
Bon Secours taps president of Petersburg, Emporia hospitals
Brenda Woodcock assumed her new role as president of two Bon Secours hospitals in Petersburg and Emporia on Monday. She is the first female president of the of the Bon Secours Southside Medical Center and the Southern Virginia Medical Center, and succeeds John Emery, who Bon Secours named to lead Memorial Regional Medical Center[...]
Dominion pitches new solar projects to SCC
Dominion Energy is pitching the State Corporation Commission on several solar projects that could generate enough carbon-free electricity to power nearly 200,000 homes. The projects, presented in the Fortune 500 utility’s fourth annual clean energy filing with the state, include six solar projects totaling 337 megawatts an[...]
