McGlothlins make nearly $60M gift to VMFA
The Virginia Museum of Fine Arts announced Tuesday that Bristol-area philanthropists James W. and Frances Gibson McGlothlin have donated nearly $60 million toward the Richmond museum’s expansion campaign, including 15 paintings. Alex Nyerges, the VMFA’s director and CEO, said that a 170,000-square-foot wing will be n[...]
Sign manufacturer to open facility in Bluefield
Chicago-based custom sign manufacturer Signco Inc. will invest $650,000 to take over the former MC Signs facility at 334 Industrial Park Road in Bluefield, Gov. Glenn Youngkin announced Friday. Signco, which is owned by Anthony Morrone and Vince Sclafani, expects to hire 19 workers at the facility. “Signco’s technology and custom product specifications are advancing […]
Finding new solutions
Movers and shakers in Southwest Virginia wanted to try a new approach to economic development. The stakes were (and are) high. Naturally, the decline of the coal industry had a devastating impact on Virginia’s coalfields. The Appalachian Regional Commission classifies four counties in Southwest Virginia — Buchanan, Dickenson[...]
Glove affair
You can hear the pride in Bill Mosher’s voice when he talks about his dad, Ken Mosher, and his career in the medical glove business. “He was in the glove industry for almost 50 years,” Bill Mosher says incredulously. Ken Mosher’s storied career includes being part of a team that in 1990 invented the nitrile […]
Hard Rock names president of new Bristol hotel and casino
Hard Rock International Inc. has announced a president to lead its hotel and casino operations in Bristol. Allie Evangelista most recently served three years as a vice president and general manager for Penn National Gaming operations, including the past seven months at Hollywood Casino Perryville, in Maryland. Evangelista has [...]
SWVA initiative seeks to attract remote workers
Project Fuse, a regional cooperative initiative to make Southwest Virginia the location of choice for remote employment, launched Friday with the release of a playbook to attract businesses. “The global business community seeks options for both attracting the employees they want and managing their operating costs,” Will Payn[...]
$714M Wythe medical glove plant is solo venture now
Developers broke ground in January on the $714 million medical glove manufacturing complex planned for Wythe County’s Progress Park. Only now it may be a solo project, not a joint venture. In October 2021, then-Virginia Gov. Ralph Northam announced that Alexandria-based Blue Star NBR LLC was building manufacturing facilities t[...]
VHCC tech center to expand welding, diesel tech
Demand for welders is so great that some of Eddie Fultz’s Virginia Highlands Community College students are being hired for part-time jobs while they’re still completing their training. “We’re in a manufacturing area where we cannot meet the demand,” says Fultz, coordinator of VHCC’s welding program. “It’s a grea[...]
Appalachian Council for Innovation taps exec director
John Bebber has been hired as executive director of the Appalachian Council for Innovation, its board announced earlier in January. He was previously district director for U.S. Rep. Morgan Griffith, R-Abingdon. ACI is a nonprofit regional economic development organization founded in 1999 as the Southwestern Virginia Technology C[...]
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 […]
State awards $7M in grants to help with site readiness
Eleven commercial projects across the commonwealth will get a boost to help with site readiness, Gov. Ralph Northam announced Thursday. The Virginia Business Ready Site program, administered by the Virginia Economic Development Partnership, awarded $7 million in development grants. Having project-ready sites available has been a[...]
United Way launches child care initiative
The gap between the need for child care and its availability and accessibility is nearly three times higher than the state average in Southwest Virginia, where parents lack child care services for more than 7,000 children under age 5, according to a 2019 report from the Bipartisan Policy Center. Child care is not cost-effective [...]