• Areva delays construction of new building
• Deal to purchase Alpha Natural Resources falls through
• Richmond-based Chesapeake Corp. may file for bankruptcy
• Sabra Dipping Co. to open manufacturing plant in Chesterfield
Arkay Packaging, which manufactures high-fashion folding cartons for upscale customers and brands, will invest $4.5
million to expand its Botetourt County plant. The expansion will add 62,000 square feet and create about 30 jobs.
(The Roanoke Times)
Carilion Clinic, based in Roanoke, plans to build Carilion Clinic Westlake Center, a $4 million, 9,000-square-foot
medical building at Smith Mountain Lake. The building will house urgent care, CT and X-ray services, an on-site
ambulance and office space for various specialists, along with a ground-level helipad. (The Roanoke Times)
FNB Corp. of Christiansburg received approval from its shareholders for a proposed merger with Virginia Financial
Group of Charlottesville. The combined banks will have assets of more than $3 billion and deposits of approximately
$2.6 billion. (News release)
Fralin & Waldron, a real estate developer and contractor, plans to move its headquarters from Roanoke County to the
Daleville Town Center project in Botetourt County. The town center is expected to house 200,000 square feet in
commercial space and about 300 housing units during the next 10 years. (The Roanoke Times)
FreightCar America Inc. was ordered by a federal judge to reinstate workers it laid off when it shifted production
of rail cars from Pennsylvania to Roanoke. The court found FreightCar had let the workers go improperly to keep
them from earning pensions. (The Roanoke Times)
Western Sizzlin Corp., a Roanoke-based owner of chain restaurants, received approval to list its common stock on
the Nasdaq Capital Market under the symbol “WEST.” (PRNewswire)
Whitetop Community Health Clinic in Grayson County was added to the telemedicine service offered through the
University of Virginia. A videoconference link and transmitted medical data, affords rural clinics access to
services and diagnosis from U.Va.’s medical staff. The telemedicine service is connected to 60 sites, mostly in
Southwest Virginia. (Richmond Times-Dispatch)
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