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Southwest Virginia

Rendering of the permanent Hard Rock Hotel & Casino Bristol
Oct 9, 2024

Hard Rock Bristol to open permanent facility Nov. 14

The Hard Rock Hotel & Casino Bristol will open its approximately $515 million permanent facility on Nov. 14, with country music star Blake Shelton making an appearance at the ceremony, its development team announced Wednesday. The temporary Bristol Casino: Future Home of Hard Rock opened July 8, 2022, making it Virginia’s[...]

Sep 29, 2024

EO opens workforce development hub in Abingdon

A former Kmart in Abingdon is now home to a workforce development and child care hub launched by EO, a nonprofit that spun off from the United Way of Southwest Virginia to oversee workforce development programs. EO received the certificate of occupancy for the 87,000-square-foot Regional Workforce and Child Development Hub and b[...]

Sep 29, 2024

For The Record October 2024

Central Virginia Fortune 500 company CarMax will be the naming sponsor for the Richmond Flying Squirrels’ new ballpark starting with the 2026 season, the Double-A Minor League Baseball team announced Sept. 4. The Diamond’s replacement will be known as CarMax Park. Although Squirrels President and Managing Partner Lou DiBella said that the deal with CarMax […]

An overhead photo of a manufacturing facility surrounded by mountains.
Sep 24, 2024

Manufacturer plans $5M expansion in Scott County

VFP, a manufacturer of enclosures used to protect critical infrastructure, will invest $5 million to expand its Scott County facility, a move expected to create 50 jobs, Gov. Glenn Youngkin announced Monday.  The expansion will allow VFP to respond to a growing data center market.  “Virginia’s robust data center industry r[...]

Aug 29, 2024

Health Wagon CEO’s pay gains attention

Once best known outside the region for its role in an annual Remote Area Medical pop-up clinic at the Wise County Fairgrounds, Southwest Virginia’s Health Wagon has gained new notoriety — and lost state funding — over executive pay. After Cardinal News reported in May that Health Wagon President and CEO Teresa Gardner Tyso[...]

A large building and a parking lot.
Aug 21, 2024

SWVA projects recommended for $10M in federal grants

Four Southwest Virginia economic development projects have been recommended to receive a cumulative $10 million in federal Abandoned Mine Land Economic Revitalization (AMLER) grants, Gov. Glenn Youngkin and U.S. Rep. Morgan Griffith, R-Salem, announced Monday. The projects are on sites where coal was mined prior to 1977, the yea[...]

Former Sykes property. Photo courtesy Virginia Coalfield Economic Development Authority
Aug 16, 2024

Appalachian Community Capital to launch Green Bank

Appalachian Community Capital, the Christiansburg-based community development financial institution for the Appalachian Valley, plans to launch the Green Bank for Rural America with a $500 million award from the Environmental Protection Agency, it announced Friday. Focused on financing up to 2,000 new energy projects that could [...]

Aug 15, 2024

Va. casino gaming revenues total $59.3M in July

Casino gaming revenues for Virginia’s three casinos totaled $59.3 million in July, according to Virginia Lottery data released Thursday. Also, the $500 million HeadWaters Resort & Casino in Norfolk, which has been in a holding pattern for the past several months, could be moving forward. The Norfolk Architectural Review Bo[...]

Jul 30, 2024

Big deals

These economic development announcements were some of the largest in Virginia for 2023 and the first half of 2024: CENTRAL VIRGINIA Chesterfield County: In April, the offices of U.S. Sens. Tim Kaine and Mark Warner and U.S. Rep. Jennifer McClellan announced that Danish electrolyzer manufacturer Topsoe plans to build a $400 milli[...]

Jul 30, 2024

U.S. 460 cell towers signal relief to businesses

Buchanan and Tazewell counties’ businesses will soon receive a needed signal boost, thanks to six cell towers under construction across the Route 460 corridor. The towers will increase wireless access along 20 miles of U.S. 460, from Red Ash in Tazewell to Vansant in Buchanan. It’s not a moment too soon, according to busines[...]

Jul 30, 2024

For The Record August 2024

CENTRAL VIRGINIA Tobacco giant Altria Group, headquartered in Henrico County, will be allowed to market four different menthol-flavored e-cigarettes, the U.S. Food and Drug Administration said June 21. The announcement came two months after the Biden administration controversially delayed a decision on banning menthol cigarette sales. Marketed under Altria’s NJOY brand, the products are the […][...]

Jul 8, 2024

Simmons Equipment announces $8.5M expansion into Russell County

Simmons Equipment, a specialty mining equipment manufacturer based in Tazewell County, plans to expand into neighboring Russell County, Gov. Glenn Youngkin announced Monday. The company expects to invest $8.5 million into converting two buildings in Lebanon, an investment set to create 75 jobs, the governor’s office said. [...]

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