Industries

For the Record - Southwest Virginia

  •  | 
Print this page

Aloca Inc., a Pittsburgh-based manufacturer of metal parts, closed its Lebanon plant with the loss of 76 jobs and moved production of the plant’s forged aluminum car wheels to a facility in Cleveland. The company said the plant, which opened in 1997, was no longer viable in the current economic climate. (Bristol Herald-Courier)

Alpha Natural Resources, an Abingdon-based coal producer, decided to build a new headquarters in nearby Bristol rather than leave Virginia. Ease of access to the company’s operations in Southwest Virginia and Kentucky was a major factor in the decision. Economic development grants from the state and the Virginia Tobacco Commission will be used to defer building costs. (Richmond Times-Dispatch)

Aviation Week & Space Technology magazine ranked Virginia Tech’s College of Engineering the top school in the country for industry recruiting. The top spot in the annual study is a first for Tech, which usually ranks second or third behind Penn State, Purdue or Cal Tech. (News release)

Keraderm Corp., a biotech company working to market a germicidal light treatment for nail and skin infections, moved its operations from Hampton to Blacksburg. The move was motivated by a $2.5 million investment in the company by NewVa Capital Partners, a venture capital firm in Radford. (The Roanoke Times)

The Southern Gap Regional Business Park near Grundy received a $5.6 million grant from the Virginia Coalfield Economic Development Authority to improve access roads and expand utilities. (Bristol Herald-Courier)

Virginia Tech’s Pamplin College of Business partnered with the Edward Via Virginia College of Osteopathic Medicine to develop a dual-degree program that allows students to earn master’s degree in business administration as they complete their medical studies. The program is intended to prepare medical students for the demands of running their practices after graduation. (News release)

Virginia Western Community College cut 17 positions in response to state budget reductions. Two employees were laid off; the remainder opted to take early retirement. The affected employees held management, clerical and faculty posts. (The Roanoke Times)


Reader Comments

comments powered by Disqus


showhide shortcuts