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Southwest Virginia

Dec 15, 2021

Va. invests $722M in broadband expansion

Virginia Gov. Ralph Northam this week announced a state investment of $722 million in grants toward expanding high-speed internet service in 70 localities across the commonwealth. The governor says the funding will help Virginia achieve 90% of its universal broadband access goal by 2024. “Broadband access impacts every facet o[...]

Dec 14, 2021

Southwest Va. project will help manufacturers enter wind energy supply chain

Public-private campaign InvestSWVA announced Tuesday the launch of an economic development initiative designed to help Southwest Virginia manufacturers find entry points in the supply chain for wind energy equipment components. The initiative, called Project Veer, will connect Southwest Virginia manufacturers with industry exper[...]

Dec 13, 2021

Two Va. projects are finalists for $100M U.S. EDA grants

Two Virginia projects — one to make Central Virginia an advanced pharmaceutical manufacturing hub and one to support the transportation and logistics cluster in Southern and Southwest Virginia — are two of 60 finalists for the U.S. Economic Development Administration’s Build Back Better Regional Challenge, which will provide awardees with up to $100 million each. […]

Dec 10, 2021

Coalfield Expressway could have $12.8B impact, study says

The cumulative economic impact of the Coalfields Expressway (CFX) during a 50-year span is estimated to be $12.8 billion in 2021 dollars, according to a study by Richmond-based Chmura Economics & Analytics presented Tuesday. The CFX is a proposed limited-access highway that would run through Southwest Virginia and southern West Virginia. It is designated as […]

The former Bristol Mall is being converted into a Hard Rock casino and resort hotel, slated for completion by late 2022. Rendering courtesy Friedmutter Group
Dec 9, 2021

Construction begins on Hard Rock casino in Bristol

Construction has started on the Hard Rock Hotel & Casino Bristol’s temporary casino, with opening scheduled in the second quarter of 2022, Hard Rock International Inc. announced Thursday. Before its permanent casino is built, Hard Rock will build a 30,000-square-foot casino at the former Bristol Mall. It will feature 9[...]

Dec 8, 2021

Patrick County flooring company announces $9.3M expansion

Ten Oaks LLC, a manufacturer of residential hardwood floors, will invest $9.3 million in a sorting and stacking facility in Patrick County, creating 11 jobs, Gov. Ralph Northam announced Wednesday. The company was established in 2004 in the town of Stuart and was acquired in 2019 by Canadian company Boa-Franc. The new facility is located […]

Mark Eschle helped Wize Solutions establish its grant-supported two-person apprentice program. Photo by Earl Neikirk
Nov 29, 2021

Grant program helps fund rural IT apprenticeships

Jonathon Evans graduated in May with a computer science degree and a desire to stay in his hometown, Abingdon. Fortunately for him, information technology company Wize Solutions LLC was seeking apprentices through a targeted state program that alleviates the cost of hiring and training employees new to the technology field. “I[...]

Nov 22, 2021

Roanoke biz to create 30 jobs in Scott County

Roanoke-based VFP Inc. will invest $7.2 million to expand in Scott County, creating 30 jobs, Gov. Ralph Northam announced Monday. The expansion will allow VFP to produce larger concrete shelters. “Great workers live in Southwest Virginia, and companies like VFP recognize that,” Northam said in a statement. “Virginia is adv[...]

Nov 11, 2021

Metal fabricator to add 22 jobs in Buchanan

Buchanan County-based metal fabrication company Skyline Fabricating Inc. will spend more than $675,000 to build a 25,000-square-foot production facility in the county’s Southern Gap area, creating 22 jobs, Gov. Ralph Northam announced Tuesday. The facility will help Skyline Fabricating meet increased demand for steel and aluminum fabricated products and its expanded customer base outside Virginia. […][...]

Nov 8, 2021

Commercial real estate leasing roundup

The following lease transactions took place in Virginia through Nov. 8: Central Virginia  Virginia Insurance Services Inc. leased 1,900 square feet at 1 Park West Circle in Chesterfield County. Tucker Dowdy and Jamie Galanti of Commonwealth Commercial Realty represented the landlord. Kala Brand Music Co. leased 29,342 square feet at 11223 Leadbetter Road in Hanover […]

Damascus business owner Stuart Wright credits tourism for his hometown’s resurgence. Photo by Earl Neikirk
Oct 28, 2021

Damascus sees hike in trail tourism

On a September afternoon, Stuart Wright was trying to persuade a tourist to bring her son back to visit the town of Damascus in Washington County. “Bring that little boy down here and he can play in the river, he can hike, he can bike the trail,” Wright coaxed. “Bring him where he’s got something […]

Oct 14, 2021

Scott County Tempur Sealy bedding factory to add 25 jobs

Tempur Sealy International Inc. is expanding its Duffield facility in Scott County, the Virginia Coalfield Economic Development Authority announced Thursday. The bedding company known for its Tempur-Pedic, Posturepedic and Stearns & Foster mattresses, among others, is headquartered in Lexington, Kentucky, but has two manufacturing facilities: one in Albuquerque, New Mexico, and one in Southwest Virginia. […][...]

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