The park is now owned by a company linked to the Alden Global Capital hedge fund. “We felt that the evidence could prove that it was willful,” attorney for residents says.
Economy
Covering the economic issues facing Southwest and Southside Virginia.
Posted inEconomy
Why Youngkin and nuclear proponents say now is the time to bring a small modular nuclear reactor to Southwest Virginia
Youngkin and other nuclear proponents say Southwest Virginia’s abundant abandoned coal mine land and the need for jobs and economic development make the region an ideal spot for a small modular nuclear reactor. Critics say they’ve been left out of the discussion.
Posted inEconomy
Experts say Virginia is capable of building a small modular nuclear reactor today if approvals were in place. Here’s how.
Small modular nuclear reactors are about a third of the size of typical reactors. There are no SMRs operating in the U.S., but experts say Virginia is equipped to build one if approvals go through.
Posted inEconomy
Virginia Tech’s ‘mock mine’ gives students experience working with minerals
he new Holden Hall features three pits, similar to sand pits on a playground, meant to simulate a real mine. The plan is for students to conduct projects with autonomous mining equipment and drones in the Mock Mine to learn mining fundamentals.
Posted inEconomy
Blacksburg’s CytoRecovery commercializes a patented cell-sorting method
The biotech startup made its first sale in September
Posted inEconomy
Automotive racing school relocates headquarters to Halifax County
The Skip Barber Racing School will also create a performance driving school at the Virginia International Raceway, creating 24 jobs.
Posted inEconomy
A new push to overturn Virginia’s uranium mining moratorium may be on the horizon
A Canadian uranium mining company recently acquired the largest undeveloped uranium deposit in the U.S. in Pittsylvania County .
Posted inEconomy
Here’s what apprenticeships look like in 2022 and why they are important now
Southwest and Southside will soon have a regional apprenticeship consortium, thanks to the Institute for Advanced Learning and Research and a Tobacco Commission grant.
Posted inEconomy
Caesars Virginia’s general manager wants the Danville casino to work closely with the community
A Q&A with Chris Albrecht, who will oversee the planned casino.
Posted inEconomy
Virginia Tech Board of Visitors approves 5,000-bed on-campus housing plan
This doesn’t mean the $935 million project will be built, just that it’s now in the university’s master plan. Local developers had opposed the project.
