Industries

For the Record - Southwest Virginia, March 2012

  •  | 
Print this page

Advance Auto Parts Inc., a Roanoke-based national auto parts retailer, plans to spend $8 million to open a financial services commercial customer care center at its corporate headquarters in Roanoke, creating 75 jobs over the next three years. (News release)

Appalachian Power Co. received a renewal of its license to generate power from hydroelectric operations at Claytor Lake Dam. Approval by federal regulators allows the company to operate the Pulaski County facility for another 30 years.(The Roanoke Times)

Faiveley Transport, a French manufacturer of rail system components, bought a controlling interest in Graham-White Manufacturing Co., of Salem. Graham-White makes components for rail cars, such as air dryers, air valves and parking brakes. The company had $70 million in sales in 2011. (The Roanoke Times)

Bristol Compressors, a manufacturer of parts for heating and air-conditioning systems, was bought by New York private equity firm Garrison Investment Group. No immediate changes were announced for the 700 employees and management team. (Bristol Herald Courier)

General Dynamics Armament and Technical Products received a $23 million contract for its Marion plant from Spirit Aerodynamics, of Tulsa, Okla., for composite winglets to be used in commercial and business aircraft. (Bristol Herald Courier)

General Electric will add 60 jobs to its Salem plant to meet increased demand for wind-turbine controls. GE has said it plans to add a total of 200 jobs at its Virginia operations. (The Roanoke Times)

Inorganic Ventures, a producer of custom inorganic chemical blends, will invest $1.3 million in an expansion of its Montgomery County operations. The project will add 20,000 square feet to its facility and create 21 jobs. (News release)

Sawyer Paving, of Salem, received the National Asphalt Pavement Association’s Diamond Achievement Commendation. The award recognizes responsible practices and an ongoing effort toward improvement. (News release)

Wireless MedCare, a Roanoke technology company, signed an agreement with Texas-based Senior Homestyle Living to test its patient-monitoring system in senior-living facilities. Wireless Medcare’s Vivatrak device is placed in a bed to track movements and is being marketed for use in monitoring patients. (The Roanoke Times)


Reader Comments

comments powered by Disqus


showhide shortcuts