Industries

For the Record - Shenandoah Valley

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Bridgewater College received re-accreditation by the Southern Association of Colleges and Schools. Colleges must be re-accredited every 10 years.  (News Leader)

David Brown, a British-owned gear engineering company, opened a dedicated American sales office in Waynesboro. The company also opened an assembly and service center in Kentucky’s mining region. Growth in the Waynesboro office, which has three employees, will be contingent upon how much the company’s U.S. operations expand. (The News Virginian)

Cadence, Inc., a Staunton-based medical device manufacturer, has hired 50 new employees and invested $11 million in facilities and equipment as part of an expansion plan announced last year.  The company expects to hire another 50 workers by the end of the year. Cadence already has met many requirements set in receiving assistance for the expansion from the state and the City of Staunton. (News release)

Gray Television Inc., an Atlanta-based broadcast company, signed affiliation agreements with CBS for three of its stations, including WSVF in Harrisonburg. The other stations were in Florida and West Virginia. (PRNewswire)

Harrisonburg received more than $4 million from the state for four transportation projects. Included was $2 million for expansion of Reservoir Street into four lanes to the city limits near Rockingham Memorial Hospital. Work on the project, which will include bike lanes and sidewalks, is expected to be complete in 2015. (Daily News Record)

PPI/Time Zero, a manufacturer of monitoring systems for aerospace and defense technologies, will add 50 jobs at its Waynesboro operation by the end of the year. The expansion will double the company’s employment. (The News Virginian)

Silver Airways, a Fort Lauderdale-based carrier, will become the official United Express carrier at Shenandoah Valley Regional Airport. The company will receive a $3.4 million federal subsidy for providing service there, without which it estimates it would run a $3.1 million loss. (News Leader)

 


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