The technology is anticipated to improve grid reliability and save the utilities millions of dollars over the next 20 years by reducing how much they pay to deliver power during the highest-demand times.
Matt Busse
Matt Busse covers business for Cardinal News. He can be reached at matt@cardinalnews.org or (434) 849-1197.
Posted inEconomy
Cardinal Commerce Notes: Wood council created, Walmart stores to be remodeled, program for Helene-hit farmers reopens, BWXT acquires machine shop
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Cardinal Commerce Notes: Botetourt business expands safe room offerings, First Piedmont names CEO, plus news from Roanoke, Lynchburg, NRV
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After years of development, BWX Technologies hopes to prove the value of tiny nuclear fuel particles
The TRISO fuel, which could one day help power the next generation of advanced nuclear reactors, is manufactured at the company’s Lynchburg-area facility.
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Roanoke Rambler’s new owner says changes necessary for sustainability
Ollie Howie, an entrepreneur and investor who grew up in Roanoke, said the publication’s expenses have been exceeding its monthly revenue.
Posted inEconomy
Former Roanoke Rambler owner ‘devastated’ after staff terminated
The online news organization, founded in 2021 by a former Roanoke Times reporter, was sold last month. Its three-person news staff said Monday that their employment was terminated after contract negotiations.
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Voyant Beauty to close Roanoke plant, lay off about 95
The company, which manufactures personal care products, did not provide a reason for the closure in a notice sent to state officials.
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Cardinal Commerce Notes: Recent real estate sales, resources for displaced Yokohama Tire workers, Crumbl coming to Roanoke area, Danville small business-focused event
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Cardinal Commerce Notes: Credit union steps into NRV, Bobe to begin new role in Danville, Randolph College mechanical engineering to get a boost, loan to help restart Henry County sawmill
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AeroFarms says sale expected to close in April after ‘normal delays’
The indoor agriculture company with a facility in Southside said it has received short-term funding to stay in business until the sale closes. Permanent closure remains possible if the deal falls through.