For the Record - Shenandoah Valley
- June 28, 2012
Blue Ridge Community College developed a noncredit program in bioprocessing to address needs of existing industries such as bioscience and food processing. The program could be expanded into an associate degree in the future. (The News Leader)
Construction Management Inc. of Winchester merged with DALJCON LLC of McConnellsburg, Pa. The deal will allow CMI to continue its work as a design and build general contractor while offering re-siding and reroofing services.
(The Winchester Star)
Elkton partnered with the University of Virginia’s Darden School of Business to study energy usage and identify ways of cutting costs without harming revenue. The town purchases power wholesale from Dominion and resells it to residents. The study is being funded by a grant through the university. (Daily News Record)
First National Corp. of Strasburg plans to raise up to $11.8 million in a stock offering to existing stockholders. Shares not purchased by stockholders could be offered to outside investors.
(The Winchester Star)
Highland Medical Center in Monterey received a $4.1 million federal grant to improve medical services at its facility. Plans call for expanded exam rooms and telemedicine capabilities. (The News Leader)
James Madison University will assist two Iraqi universities, Salahaddin University and Al-Mustansiriya University, gain accreditation for their business programs. The work will be undertaken through a $630,000 grant from the Association to Advance Collegiate Schools of Business. (Daily News Record)
Rosetta Stone Inc., an Arlington-based provider of language instruction programs, laid off about three dozen workers in its Harrisonburg operation. The move came as part of the company’s realignment into more of an online business. The company began in Harrisonburg in 1992 and still employs about 500 people there.
(Daily News Record)
Staunton joined forces with Jones Lang LaSalle, a real estate and financial services firm, to market its Gateway property at the junction of Interstates 81 and 64. The city initially will focus on retail development for 60 acres of the 295-acre site. (News Virginian)
Virginia Eagle Distributing, a Winchester beer distributor, bought a Pulaski distributing company, Edens Distributing LLC, in a move that expands its footprint to 30 counties, including nine in Southwest Virginia. The deal will not affect its Winchester warehouse, which is undergoing a $500,000 expansion and employs 75 workers. (Winchester Star)
Bob Eliason, named interim director, JMU Interpersonal Effectiveness Institute. Eliason has been a member of the university faculty since 1999. (News release)