Plus: Order says data centers to pay for new energy transmission; AI Decoded event to feature Blacksburg-based marketing studio founder.
Economy
Covering the economic issues facing Southwest and Southside Virginia.
Posted inEconomy
Cardinal Commerce Notes: Lynchburg-based BWXT to sell medical business
Plus: Virtual hiring fair upcoming, new nuclear simulator report, Lynchburg’s airport gets a $5.3 million grant and USDA designates Virginia localities as drought disaster areas.
Posted inNew River Valley
Regulators OK Appalachian Power’s $340 million plan for old Glen Lyn coal plant
The utility plans to haul the byproducts of coal-fired electricity generation to a future landfill across the West Virginia border. Utility customers could be paying for it for more than a decade.
Posted inSouthwest Area
Big Stone Gap takes over old federal courthouse building nearly 3 years after it closed
The town manager, who hopes to transform the building into a boutique hotel, said the real work begins now.
Posted inSouthwest Area
Virginia Steel and Fabrication to invest $3.6 million, create 52 jobs in Bland County
The expansion will more than triple the company’s existing workforce while adding new advanced manufacturing equipment.
Posted inEconomy
Virginia hemp businesses sue over THC rule change
The seven plaintiffs — including a Henry County retail store — claim that after Aug. 15, much of their inventory will become illegal to sell, which will significantly harm or possibly destroy their businesses.
Posted inEconomy
Internet provider ZiTel approved to finish broadband deployment work in Patrick, Franklin, Henry counties
RiverStreet Networks was removed from the project with thousands of locations unfinished.
Posted inNew River Valley
Tech Briefs: Virginia Tech research team gets $20 million grant for cloud-based semiconductor lab
Plus: Virginia Tech receives healthcare-related state and federal grants; court order restarts digital equity act funding.
Posted inEconomy
Cardinal Commerce Notes: Sound off on Dominion-NextEra deal
Plus: Restaurant and retail notes from around the region and a new jobs website for veterans.
Posted inEconomy
Appalachian Power sees ‘explosive’ growth from data centers, other big customers
The electric utility said it’s in talks with three dozen potential large customers, “primarily data centers,” in Virginia. It remains to be seen how many of these proposals become reality — and what impact this could have on existing customers.
