Industries

Southern Virginia—For the Record

• October 30, 2008
•  | 

American National Bank & Trust Co., a Danville-based financial services provider, will buy the headquarters building of First State Bank on

Mount Cross Road in Danville. First State is relocating to North Union Street in an effort to better serve its customer base. American

National will use the old First State site as a full-service retail banking office, consolidating two other offices in the process. Pending

regulatory approval, the moves should be completed late this year or early 2009. (Danville Register & Bee)

Ross Stores Inc. opened a store in Danville’s Coleman Marketplace. The 550,000-square-foot shopping center opened this summer. (Danville

Register & Bee)

Goodwill Industries of Danville and Pittsylvania County is using lumber from the former Dan River Inc. Schoolfield Mill that is being

deconstructed to produce furniture sold at Goodwill stores. The furniture is made from antique heart pine, which has become scarce. (Danville

Register & Bee)

A hearing is set for Nov. 19 in Henry County Circuit Court on the county’s efforts to collect more than $3.3 million from a former local

company that filed for bankruptcy almost a decade ago The county is seeking a judgment that would enable it to pursue “a number of collection

methods” against 5B’s, said County Attorney George Lyle. Ohio-based 5B’s, an embroidery manufacturer, had a plant in Patriot Centre at Beaver

Creek industrial park before the firm filed for bankruptcy in 1999. Two years earlier, the Henry County Industrial Development Authority

issued more than $9.5 million in bonds to finance the acquisition, construction and equipping of a manufacturing facility for the company.

(Martinsville Bulletin)

Board members of two closed local medical centers said that the centers shut down in September for “economic reasons” but did not elaborate.

The Martinsville Family Medical Center on Hospital Drive in Martinsville and the Sandy River Medical Center in Axton closed with no notice to

patients or staff. Both were nonprofit clinics owned and operated by Central Piedmont Health Services Inc. (CPHS), which was based in the

Axton location. (Martinsville Bulletin)

Piedmont Access to Health Services (PATHS) received a letter from the Danville Regional Medical Center that said it was suspending

indefinitely all services it provided to PATHS. When PATHS opened in 2001, Danville Regional, then a nonprofit hospital, agreed to provide

PATHS’ uninsured patients with lab work, X-rays, inpatient and outpatient hospital services, and 15 CT scans and MRIs per year. A hospital

spokeswoman said it was reviewing and consolidating its agreements. (Danville Register & Bee)
The Southside Business Technology Center in Martinsville received a $1 million grant from the Danville Regional Foundation to expand its

consulting services to Danville, Pittsylvania County and Caswell County, N.C. The technology center provides consulting services for existing

and growing local businesses to improve the region’s economy. The new Danville office opened in October at the Dan River Business Development

Center. (Danville Register & Bee)