Economy

The CEO of IperionX discusses the titanium recycling process and the company’s investment in Halifax County. The titanium manufacturer is projected to bring 108 jobs to the area.

The Harvest Foundation has identified evictions as a lingering issue impacting Martinsville residents, where the eviction rate is well above the state average. Program officials say evictions are an overlooked contributing factor to homelessness.

The local company is investing $6.1 million and creating 34 jobs with an expansion.

A new residential addiction recovery facility will be built in Dickenson County, which has had one of the highest overdose rates in the state.

The largest county in the state is partnering with a network provider for a $75 million project that will bring broadband to about 12,000 homes.

Communities with dwindling population should consider programs similar to Ascend West Virginia, which pays remote workers $12,000 to move to four rural localities, one economics professor said.

James Campos, the Tobacco Commission’s new executive director, has a background in energy. He told Cardinal about his goals for this role, his plans to familiarize himself with the region, and more.

The Fralin Biomedical Research Institute and the Virginia Tech Carilion School of Medicine are about a mile from the old American Viscose factory site, and both are looking to grow soon. Not only could the renovated factory be a site for expansion, it could offer more rental housing and fun space to attract students and young researchers.

Ford Motor Company called reporting that Virginia had been selected for a battery plant “inaccurate.” Meanwhile, Democrats and Republicans in the General Assembly spar over the governor’s move.