Pluck’d announced last year that it would build out more than 60 acres of greenhouses to grow tomatoes. Its products now are heading to stores.
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Posted inEconomy
AeroFarms avoids shutdown, says it will be a ‘stronger, more stable business’
The indoor farming company in Pittsylvania County said in late March that it was working to sell its business.
Posted inEconomy
Cardinal Commerce Notes: 9 years of I-81 work, police buy Roanoke County building, restaurant and brewery reopen, Lester Group names chair
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3 Virginia electric utilities to add battery storage in bid to increase reliability, cut costs
The technology is anticipated to improve grid reliability and save the utilities millions of dollars over the next 20 years by reducing how much they pay to deliver power during the highest-demand times.
Posted inEconomy
Cardinal Commerce Notes: Wood council created, Walmart stores to be remodeled, program for Helene-hit farmers reopens, BWXT acquires machine shop
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Former Roanoke Rambler owner ‘devastated’ after staff terminated
The online news organization, founded in 2021 by a former Roanoke Times reporter, was sold last month. Its three-person news staff said Monday that their employment was terminated after contract negotiations.
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Voyant Beauty to close Roanoke plant, lay off about 95
The company, which manufactures personal care products, did not provide a reason for the closure in a notice sent to state officials.
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Cardinal Commerce Notes: Recent real estate sales, resources for displaced Yokohama Tire workers, Crumbl coming to Roanoke area, Danville small business-focused event
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Cardinal Commerce Notes: Credit union steps into NRV, Bobe to begin new role in Danville, Randolph College mechanical engineering to get a boost, loan to help restart Henry County sawmill
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Posted inEconomy
AeroFarms says sale expected to close in April after ‘normal delays’
The indoor agriculture company with a facility in Southside said it has received short-term funding to stay in business until the sale closes. Permanent closure remains possible if the deal falls through.