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Cardinal News

Serving Southwest and Southside Virginia

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Economy

Posted inEconomy

Six Virginia newspapers to reduce print days

Matt Busse. by Matt Busse May 28, 2023May 28, 2023

At least 30 daily papers owned by Lee Enterprises have announced they will publish print editions just three days a week, starting next month. The changes come during a time of continuing challenges in print media.

Robert Martinez (from left), vice president of freight and economic development at Moffatt & Nichol; Ann Cassell, president of the Blacksburg Partnership; Colin Burch, planning manager of the Virginia Passenger Rail Authority; and Jason El Koubi, president and chief executive officer of Virginia Economic Development Partnership, discuss inland ports and passenger rail at the Southwest Virginia Economic Forum in Wise on Thursday. Photo courtesy of UVA Wise.
Posted inEconomy

Push for inland port in Southwest Va. has momentum, speakers tell economic forum

Avatar photo by Susan Cameron May 26, 2023May 26, 2023

A study commissioned last year by the General Assembly found that the area between Bristol and Wythe County has the potential to support an inland port. But the project still awaits state funding.

Posted inEconomy

Framatome announces Nuclear Technology Academy relaunch with $400K investment

Matt Busse. by Matt Busse May 26, 2023May 25, 2023

The company, which designs and maintains power plants, hopes to train more nuclear technicians through its partnership with Central Virginia Community College in Lynchburg.

Posted inEconomy

Manufacturer to create 150 jobs at Botetourt site

Matt Busse. by Matt Busse May 23, 2023May 23, 2023

Altec Industries, which makes trucks, cranes and other equipment, will invest $1.4 million in its facility.

Posted inEconomy

Developer proposes 600-acre mixed-use residential project in Pittsylvania County 

Avatar photo by Grace Mamon May 22, 2023May 26, 2023

Southside Investing’s project application, which will go before the county planning commission in June, calls for a mix of housing, hospitality, retail and community spaces.

The study looked at seven potential sites in Southwest Virginia, as well as at several different types of SMRs. Sample designs are shown in these renderings. Courtesy of LENOWISCO Planning District Commission.
Posted inEconomy

Southwest Virginia is a ‘competitive hosting ground’ for small modular nuclear reactors, study finds

Avatar photo by Susan Cameron May 22, 2023May 23, 2023

The study identified seven potential sites for SMRs in the area of Lee, Wise, Scott and Dickenson counties and the city of Norton.

Posted inEconomy

Roanoke-Blacksburg Technology Council names 2023 honorees

Matt Busse. by Matt Busse May 19, 2023May 18, 2023

The group’s annual ceremony celebrates leaders and up-and-comers in the Roanoke and New River Valley region’s technology sector.

Posted inEconomy

Construction activity at hospital sparks hope among Patrick County supervisors 

Dean-Paul Stephens. by Dean-Paul Stephens May 18, 2023May 17, 2023

While hospital leaders still aren’t saying when they expect it to open, crews have been removing asbestos and doing other work to the building’s interior.

Posted inEconomy

Carilion promotes Steve Arner to president and chief operating officer

Avatar photo by Cardinal Staff May 17, 2023May 16, 2023

Nancy Agee will continue as CEO of the Roanoke-based health system.

Posted inEconomy, Southwest Virginia Flooding

10 months after a flood left 70 homes damaged or destroyed, Whitewood residents are still rebuilding

Avatar photo by Susan Cameron May 16, 2023May 16, 2023

Local officials say they learned from the devastating flash flood that hit Hurley in 2021 and were more prepared when a similar deluge came a year later to Whitewood. But funding delays and red tape mean the recovery is still plodding along.

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