Industries

For the Record - Southern Virginia, October 2010

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Danville Regional Medical Center has begun a program that is expected to allow recycling of 75 percent of its disposable materials. After sorting the refuse and pickup by the city, it’s estimated about 324 tons of waste will be diverted from the local landfill. (Danville Register & Bee)

Dominion Primary Care, a Danville physicians group, became the first group of local doctors to affiliate with Centra Medical Group of Lynchburg. Centra began operating in Danville in 2009 by bringing specialists to serve Danville-area patients. (News & Advance)

The Harvest Foundation, Henry County and Martinsville agreed to provide matching funds for a $1.7 million grant from the Virginia Tobacco Commission, which will allow water and sewer lines to be installed in the Commonwealth Crossing Business Centre. A new industrial park under development, Commonwealth Crossing covers 700 acres along the North Carolina line. (The Martinsville Bulletin)

Imperial Savings and Loan Association of Martinsville was seized by the Federal Deposit Insurance Corp. With assets of $9.4 million, Imperial’s failure is expected to cost FDIC $3.5 million. River Community Bank of Martinsville agreed to assume Imperial’s assets and deposits. The bank failure was the first in Virginia this year. (The Associated Press)

Virginia Tech will partner with General Motors and the Institute for Advanced Learning and Research of Danville to establish a facility near the Virginia International Raceway in Halifax County for research and testing of automobile tires. GM and the Virginia Tobacco Commission will provide $5 million each and Virginia Tech will contribute another $4 million. The center will create up to 183 jobs for the local economy by 2020. (News release)


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