The Roanoke-based health care nonprofit said it anticipates reporting another fiscal year with a negative operating margin as pandemic-related and inflationary factors weigh on its balance sheet. Despite that, executives say, its finances remain strong.
Economy
Plans underway to improve U.S. 220, the economic gateway between southern Virginia and Greensboro, NC
Local support in Henry County for improving the existing road represents a change. Previously there were calls for an entirely new bypass around Martinsville called the Southern Connector.
A disaster caused by lack of water brought a flood of support to this Craig County trout hatchery
Smoke in Chimneys lost nearly half of its winter crop of trout last month due to low water levels. The Roanoke Valley culinary community has rallied around the Walker family to help sustain them through this devastating loss.
$50M gift will boost Fralin Biomedical Institute’s hiring, research projects
The Roanoke research institute will hire 14 more researchers dedicated to cancer, neuro-engineering and computational neuroscience.
Demolition tougher than expected, but Valleydale apartments in Salem still on track for 2025
The former meat packing plant is being torn down and will be replaced by a 300-unit apartment complex.
Appalachian tech hub bid focuses on turning coal byproducts into new materials
A Bluefield, West Virginia-based application with Southwest Virginia representatives is seeking federal economic development investment to convert coal byproducts into products like batteries and building materials.
As Big Stone Gap federal courthouse faces formal closure, memories of its heyday live on
Security issues and a dwindling caseload prompted the decision to shutter the courthouse. But local officials are hoping to give the historic building a new life.
Mass eviction avoided: ‘Something like this should never, ever have to happen in a modern society’
Stratford Manor badly needed renovations, which meant that its 55 residents, mostly older, single adults, had to move. Most of them had nowhere to go until local agencies got involved.
Norton grain terminal project set to seek bids this month
Building a site to store Southwest Virginia farmers’ specialty grains is seen as a crucial part of a larger effort to boost the agricultural industry and supply ingredients to craft beverage makers.
Virginia is getting an extra $250 million for broadband expansion, thanks to researchers at Virginia Tech
A team at Virginia Tech determined that the FCC had undercounted Virginia’s broadband-deficient locations — data that was critical for getting federal funding to expand access to underserved areas.

