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Southwest Virginia

May 16, 2023

Va. casinos report $35.4M in April revenue

Gaming revenues from Virginia’s two casinos open in April totaled $35.4 million last month, according to data released Monday from the Virginia Lottery. Rivers Casino Portsmouth, which received its casino license in November 2022 and opened Jan. 23, reported $21.3 million in adjusted gross revenue (wagers minus winnings) in Ap[...]

Apr 27, 2023

May 2023 For the Record

Central Virginia More than 340 union workers went on strike at the AdvanSix Inc. chemical plant in Hopewell on April 6 over contract wage negotiations. The International Chemical Workers Union Council and the United Food and Commercial Workers Union accused the New Jersey-based chemical company of trying to divide union membership by offering pay raises […]

State Sen. Todd Pillion, who represents part of Southwest Virginia, is bullish about the possibility of bringing an inland port to his region. Photo by Earl Neikirk
Apr 27, 2023

Westward ho!

Southwest Virginia’s leaders feel confident their region will be home to the state’s next inland port. “The planets are aligning for us right now,” says state Sen. Todd Pillion, R-Washington County. “Our localities are excited about it. The state seems to be excited about it.” During the Virginia General Assembly’s[...]

Apr 27, 2023

Dickenson County to develop small industrial park

Work will start on a new industrial park on the site of a former strip mine in Dickenson County in late summer or early fall, says Dana Cronkhite, the county’s economic development director. The Virginia Department of Energy announced in January that the county’s Industrial Development Authority will receive $869,584 from th[...]

An economic development authority could help the town of Wise develop property and receive grants, says Reagan Walsh, the town’s planning and zoning administrator. Photo by Earl Neikirk
Mar 30, 2023

Planned Wise EDA will spur downtown growth

Establishing an economic development authority might pave the way for new businesses in the town of Wise, local officials believe. EDAs can provide educational programs and mentoring to entrepreneurs, as well as buy, lease and sell property and administer grants, points out Reagan Walsh, the town’s planner and zoning administr[...]

Mar 30, 2023

April 2023 For The Record

CENTRAL VIRGINIA Henrico County-based Altria Group Inc. has entered into a definitive agreement to acquire e-vapor maker NJOY Holdings Inc. for approximately $2.75 billion in cash, with a potential additional $500 million in payments, Altria announced March 6. Part of the deal’s funding will come from an expected $1.7 billion payment plus interest from Philip […]

Feb 27, 2023

Chambers of commerce

STATEWIDE Asian American Chamber of Commerce | Tysons | (571) 633-9754 asian-americanchamber.org Virginia Asian Chamber of Commerce | Ashland | (804) 344-1540 aabac.org Virginia Chamber of Commerce | Richmond | (804) 644-1607 vachamber.com Virginia Hispanic Chamber | North Chesterfield | (804) 378-4099 vahcc.com CENTRAL VIRGINIA Altavista Area Chamber of Commerce | Altavista |  (434) 369-6665 […][...]

Feb 27, 2023

Filling the steel gap

Metallurgical coal may be an unknown to the general population, but it’s very important to the manufacturing of steel and also valuable in the current economy. In August 2022, Australia-based Coronado Global Resources Inc., which produces metallurgical coal, announced a $169.1 million expansion of its Buchanan Mine Complex in [...]

Feb 27, 2023

Filling in

Industrial real estate is a hot commodity in Southwest Virginia. “It’s hard to find available space of anything that’s above 15,000 to 20,000 square feet,” says Jonathan Belcher, executive director of the Virginia Coalfield Economic Development Authority (VCEDA), which represents Lee, Wise, Scott, Buchanan, Russell, Taze[...]

Rendering of Emory & Henry College's new equestrian center. Image courtesy Emory & Henry College
Feb 21, 2023

Emory & Henry receives $2M gift for equestrian expansion

Emory & Henry College will use a $2 million donation from The Bill Gatton Foundation to help construct a new equestrian center and boost its equine studies program. The private college, based in Emory, announced the donation Monday. The Bristol, Tennessee, foundation’s lead gift for the project was to Emory & Henry’s[...]

Jan 30, 2023

Spearhead Trails aims for recreational shooting boost

The Southwest Regional Recreation Authority (SRRA) will use a $750,000 federal grant to further develop its Spearhead Trails Sportsman Adventures Complex in Dickenson County. A ribbon-cutting for the 150-acre complex in Clintwood was held in August 2022, when the complex had two archery ranges, plus shooting ranges for pistols, [...]

Jan 19, 2023

United Way of SWVA appoints development/outreach VP

The United Way of Southwest Virginia has named Beth McConkey as its new vice president of development and outreach, the organization announced Thursday. McConkey oversees the marketing and communications and development teams. She started her role in mid-December. She brings 16 years of marketing experience to the organization a[...]

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