The indoor agriculture company with a facility in Southside says it hopes to close the sale of its business this month.
Business
Speyside Bourbon Cooperage to end production in Smyth County, laying off 52
The job cuts come a year after the company announced a previous round of layoffs at the same site. In both cases, it cited “bourbon industry slowdowns.”
Cardinal Commerce Notes: Job fair to help Yokohama Tire workers, Roanoke-based quarry firm to be acquired, Wythe County cannery to get new boiler
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Cardinal Commerce Notes: Union says Yokohama plant closing in March, New Volvo trucks made locally, community college’s solar panels come online, Columbia Gas upgrades in Covington
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Cardinal Commerce Notes: New restaurants in Lynchburg and Patrick County, Pluck’d plants first tomatoes, Bedford seeks comp plan thoughts
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Lucas proposes data centers pay more to lower Dominion customers’ bills
Monthly bills for Dominion Energy’s residential and non-data center customers would decrease as data centers pick up the cost of their associated infrastructure and ensuring electricity is available during the highest-demand times.
4 Va. lawmakers target rising Appalachian Power bills
The bipartisan group of legislators said Tuesday they will advocate for new laws to help Appalachian Power customers.
AeroFarms tells state permanent closure still a possibility
The indoor agriculture firm has received short-term funding but might still have to close its Southside facility in late February, company officials said.
Yokohama Tire to lay off 392 in Salem, considers closing plant
The company said its reduced production will begin in March.
Va. lawmakers renew push for more energy storage
Del. Rip Sullivan, D-Fairfax County, and Sen. Lamont Bagby, D-Richmond, said adding energy storage to the grid will make electric service cheaper and more reliable.

