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Genedge names regional growth manager
Martinsville-based Genedge Alliance, a consultant to manufacturers statewide, has named Cheryl Valentine as its regional growth manager for the Southside region, the organization announced this week. Valentine will lead business development efforts to support manufacturers from Lynchburg throughout Southside Virginia, working wi[...]
Monogram Foods expands Henry County footprint
Responding to demand for more jerky and meat sticks, the Monogram Foods plant in Henry County has a $65 million expansion underway. Memphis-based Monogram Foods’ decision to expand the operation also factored in existing infrastructure and production expertise, says Scott Mills, executive vice president and snacking division p[...]
October 2023 FOR THE RECORD
Central Health system Bon Secours filed suit against insurer Anthem Health Plans of Virginia Aug. 30 in Henrico County Circuit Court, alleging Anthem owes Bon Secours $93 million in unpaid claims. The plaintiff, BSMH Virginia, alleges Anthem Health Plans of Virginia, doing business as Anthem Blue Cross and Blue Shield, failed to pay “in excess […]
Blue Ridge festival rocks on — for now
UPDATED SEPT. 11: The Blue Ridge Rock Festival was canceled on Sept. 9 due to severe weather, including storms and hail. The festival’s organizers said they would provide refund details early during the week of Sept. 11. The Blue Ridge Rock Festival is on track to sell out this year, with organizers expecting more than [&h[...]
Polish glass fabricator expanding in Henry County
Poland-based Press Glass Inc. will spend more than $155 million to expand its operations in Henry County and add 335 jobs, marking the largest expansion in the county’s history, Gov. Glenn Youngkin announced Wednesday. The largest independent glass fabricator in Europe, according to a news release, Press Glass will constru[...]
Low inventory, high interest rates strap Va. housing market
Homebuyers in Virginia are continuing to feel the strain of low inventory and high interest rates. The number of active listings on the market is shrinking, and fewer new listings are coming on the market. Despite a brief uptick in inventory at the beginning the year, about 67% of the state’s counties and cities had [&hell[...]
For the record August 2023
CENTRAL VIRGINIA Buc-ee’s, the Texas-size travel center chain, completed its purchase of 27.686 acres in New Kent County for $6.5 million and will open its first Virginia location in the next two years, with three more slated across the state, S.L. Nusbaum Realty Co. announced June 16. At more than 75,000 square feet, the new Buc-ee’s […]
Betting on success
Thousands of new jobs are flowing into Southern Virginia as Caesars Virginia prepares to open its permanent casino resort next year, and industries move into the region or expand. Meanwhile, local economic developers have been pitching the vacant 3,500-acre Southern Virginia Megasite at Berry Hill for megaprojects like electric [...]
Sentara Halifax plans new, smaller hospital
Sentara Halifax Regional Hospital in South Boston is investing $70 million to construct a new acute care hospital to replace its aging predecessor, with completion set for late 2025 or early 2026. The new hospital will be about a third the size of the existing 300,000-square-foot facility, which is licensed for 192 beds. Sentara[...]
Atlantic Union to acquire American National Bank
Updated 4:15 p.m. July 25 Richmond-based Atlantic Union Bank’s parent company announced Tuesday that it has entered into an agreement to acquire American National Bankshares Inc., which is headquartered in Danville and is the holding company of American National Bank and Trust Co. The combined bank will have total assets o[...]
Luxury RV park sets sights on Danville
Danville visitors could soon be setting up camp at the area’s first luxury RV park if City Council approves a special use permit for The Palace Resort, a project that could generate $1.3 million in annual city tax revenue. The matter was set to go before Danville City Council on June 20, following the planning […]
IALR names EVP of operations
Lynchburg’s assistant city manager, John Hughes IV, has been named executive vice president of operations at the Institute for Advanced Learning and Research in Danville, the institute announced Monday. Hughes started in his new role Thursday. He reports directly to IALR President Telly Tucker and serves as the institute&#[...]
