The European company is expanding its presence in Virginia, including a $14 million investment in its Danville manufacturing operations.
Economy
Covering the economic issues facing Southwest and Southside Virginia.
New book chronicles ‘perfect storm’ caused by pandemic in Appalachia
Rural nurses share stories of distrust, discrimination against backdrop of long term economic trouble.
STS Group AG to create 119 jobs in Salem, invest $32 million
The company, which manufactures vehicle parts, initially had planned to locate in Wythe County. But it said that rising construction costs and changing market conditions forced it to reevaluate the project.
Danville’s revitalization plan faced skepticism, but now it’s a model for other communities. Here’s how the city did it.
Danville’s Industrial Development Authority bought old, empty buildings — sometimes at above-market prices — with the goal of selling them to developers. The strategy drew some criticism over the years, but local leaders believe it’s paid off in increased tax revenues and new vitality for previously depressed areas of the city.
Danville opens storefront space where residents can share input on comprehensive plan
The 20-year plan will rely heavily on community voices, and the Plan Danville space on North Union Street is a place where residents can come to share their thoughts.
Startup gets ticket punched
Acquisition is a mark of success for “rising star” graduates of Roanoke business accelerator.
Former Fieldale High School in Henry County is being turned into housing
Developers Jim Cherney and John Garland are converting four properties in Martinsville and Henry County into housing.
As infection numbers decline and at-home testing expands, Carilion shutters drive-through COVID test centers
Over the course of the pandemic, two drive-through sites in Roanoke and Montgomery counties processed 340,000 tests, Carilion said.
Start-Up Slam presenters share business ideas to address community problems — and maybe nab a cash prize
From food to exercise to helping underserved populations, Danville residents pitched business ideas that they were passionate about. Two winners split $300 in prize money.
How do state officials attract big companies like Ford? Here’s how it usually happens in Virginia.
Last month, Gov. Glenn Youngkin withdrew Virginia from consideration for a Ford Motor Co. battery plant over concerns about Ford’s ties to a Chinese company. The plant could’ve created 2,500 jobs in Virginia, had it located here. This decision, which sparked backlash from some and support from others, prompted questions about the process of recruiting […]

