Roanoke County and the cities of Roanoke and Salem are collaborating to figure out how to bring more grocery stores, restaurants and other retail choices to the area.
Economy
Covering the economic issues facing Southwest and Southside Virginia.
Posted inEconomy
Tyson Foods plans to hire 400 people for its Pittsylvania facility. It’s about halfway there.
Hiring will continue as production at the facility continues to ramp up and is expected to reach full capacity in 2024.
Posted inEconomy
Report: Manufacturer eyes Pittsylvania County for $100 million investment
Microporous, a Tennessee-based maker of battery separators, is considering the Southern Virginia Megasite at Berry Hill for a new facility backed by $100 million in federal funding, according to a report in Virginia Business. The Pittsylvania County site has been passed over for several large projects.
Posted inEconomy
Termination of NuScale’s first small modular nuclear reactor plant won’t affect Virginia’s SMR plans, several experts say
The project, which had been in the works for a decade, was canceled due to escalating costs and not because of problems with the design or technology.
Posted inEconomy
Financial potential of Evans Spring development is large, but so is cost to get there, consultant tells city council
The consulting team determined that about 107 acres could be developed and could lead to nearly $3 billion in economic impact for Roanoke.
Posted inEconomy
Pulaski County’s green era: a vertical farm, solar panels and green manufacturing
Pulaski has added a methane conversion plant and a focus on green manufacturing in an effort to market itself as a green, ‘solar friendly’ locality.
Posted inEconomy
Study of carbon dioxide storage hub proposed for Wise County receives $4.29 million federal grant
The money will go to the Virginia Department of Energy and will be used to study site feasibility and commercial viability of the project.
Posted inEconomy
Salem company helps delivery giants keep their drivers standing tall
Industrial Biodynamics counts Amazon, Google, FedEx among its safety training clients.
Posted inEconomy
Farm animal vets improve food supply and safety. A new grant aims to address their shortage in Southwest Virginia.
Wellfarm Veterinary Consultants will use $125,000 to expand its services and further advocate for preventative care of cattle, pigs, sheep and other large production animals.
Posted inEconomy
Justice family, companies file new $1 billion suit against Carter Bank
The federal lawsuit is the latest in a yearslong dispute over hundreds of millions of dollars that the West Virginia governor’s family owes to the Martinsville-based bank.
