ABB Inc. will invest $4.6 million over the next three years to expand and retool its Halifax County facility to manufacture liquid-cooled transformers. The project will create 15 jobs. (News release)
Danville-based American National Bankshares Inc. has completed its merger with MidCarolina Financial Corp. The all-stock deal, valued at $34.7 million, increases American National’s total assets to about $1.3 billion and expands its presence in North Carolina’s Burlington-Greensboro area. (News release)
Danville Diagnostic Imaging Center invested $2 million for improved scanning units to provide faster service to patients. Its CT scanner was upgraded from a 4-slice to a 16-slice, high-quality scanner, and a new wide-bore MRI unit provides improved image quality. (Danville Register & Bee)
The International Association of Machinists and Aerospace Workers petitioned the National Labor Relations Board to hold an election at the Swedwood Danville plant to determine whether its workers want union representation. Swedwood makes furniture for Ikea.
(Danville Register & Bee)
Memorial Hospital of Martinsville opened a new unit dedicated to providing wireless monitoring and telemetry for cardiac patients. The equipment provides more accuracy in results and ease of use.
Pittsylvania County approved a $1.3 million contract to Dewberry of Danville and Reynolds-Clark of Gretna to draw up a master plan for providing water to the Berry Hill Mega Park. When certified, the 3,500-acre site will be the largest industrial park in Virginia and one of the largest on the East Coast. The Virginia Tobacco Commission provided $1.2 million toward the work. (Star-Tribune)
Presto Products Co., a manufacturer of plastic film and bags, will invest $6 million at its Halifax County plant. The project will add five new manufacturing lines and create 22 jobs. (News release)
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