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State industrial fund awards $24.7M to projects
The governor announced more than $24.7 million in Industrial Revitalization Fund grants going to construction projects across Virginia on Tuesday, including Danville’s White Mill, South Boston’s John Randolph Hotel and other historic properties. “The transformation of older, vacant or blighted structures into produ[...]
Center aims to grow manufacturing
In 2015, the Institute for Advanced Learning and Research in Danville was attracting manufacturers at a faster pace than it could handle. The IALR was providing work-ready incubation space where companies could launch their businesses while waiting to build, upgrade or occupy facilities while also helping build a pipeline of wor[...]
Skip Barber Racing School relocating to Halifax County
Skip Barber Racing School will relocate from Connecticut to Halifax County, building an $8.9 million performance driving school at the Virginia International Raceway (VIR) that’s expected to create 24 jobs, Gov. Glenn Youngkin announced Tuesday. VIR will build a 25,000-square-foot facility to be leased to Skip Barber Racin[...]
VCU Health Community Memorial Hospital names next president
Virginia Commonwealth University Health Community Memorial Hospital in Mecklenburg County announced Thursday that Sheldon Barr will be its next president, effective Dec. 11. Barr will be the first woman to lead the South Hill hospital in its 68-year history. “I am excited to deliver on VCU Health’s mission to preserve and re[...]
Caesars gives $504K to Averett University
Caesars Virginia, which is building a $650 million casino in Danville, announced a gift of $504,000 to Averett University on Wednesday. The gift will be used to develop a hospitality and tourism academic program. Averett’s new concentration and minor in hospitality management and tourism will be part of the university̵[...]
FyberX to invest $17.5M in Mecklenburg HQ
FyberX Holdings, a regenerative agriculture company, will invest $17.5 million to establish its U.S. headquarters and production operations in Mecklenburg County, creating 45 jobs, Gov. Glenn Youngkin announced Wednesday. The company will be located in the formerly vacant Kinderton Distribution Center in Clarksville, where it will process hemp and other agricultural products and produce fibers […][...]
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 with gap [...]
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 Virgini[...]
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. [...]
