Industries

Southern Virginia—For the Record

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Citizens Community Bank, a Virginia-chartered bank headquartered in South Hill, opened its newest location in Roanoke Rapids, N.C., its fifth full-service branch. (PRNewswire)

The former Long Mill complex of Dan River Inc., in Danville, was destroyed in a May 8 fire which began in a pile of debris from demolition work. The site had been eyed for redevelopment projects, but the Danville Historical Society sought to halt its demolition. A request for an injunction to stop demolition was denied on April 29 by a Danville judge. (Danville Register & Bee)

The Dan River Business Development Center in Danville and two of its graduate businesses, One-Stop Cellular and DVF FoodService, have been named finalists for Outstanding Incubator in the non-technology category by the National Business Incubation Association. The center has space for 34 offices and six light industrial uses. (News Release)

Oran Safety Glass, an Israeli manufacturer of bullet-proof glass for military vehicles, will invest $2.65 million to expand its operations in Greensville County, creating 25 jobs. Virginia competed with Georgia, North Carolina and South Carolina for the investment. (News release)

Swedwood, the manufacturing arm of home furnishings retailer IKEA, opened its new manufacturing facility in Pittsylvania County. The plant began with 175 employees and plans call for 300 by 2009 and eventually more than 700 workers. The facility will supply IKEA operations in the North American market. (Danville Register & Bee)

The Virginia Institute for Performance Engineering and Research opened a second motorsports lab at Virginia International Raceway in Alton. Old Dominion University opened an engine and drive-train lab that will be used to evaluate horsepower during weekend races and test possibilities for alternative fuels. (Danville Register & Bee)

The West Piedmont Workforce Investment Board was awarded a $250,000 Regional Innovation Grant from the U.S. Department of Labor to help plan for transforming the region’s manufacturing-based economy. Because of recent large layoffs in the area’s manufacturing sector, an effort is being made to identify career pathways that will make it easier for workers and businesses to improve work force readiness and ease the transition to new industries. The board covers Martinsville, Danville and the counties of Henry, Patrick and Pittsylvania. (Martinsville Bulletin)

The $665,000 award will establish an Arabic study center at VMI and fund scholarships for study abroad. (Richmond Times-Dispatch)

 


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