Help wanted
Valley manufacturers face workforce shortage
Published
Meat, coffee creamer, frozen fruits and chocolate. These commodities represent some of the bread and butter business lines, literally, of Devon Anders’ mega storage and supply chain logistics company, which is based in Mount Crawford and has other state locations. The success of InterChange Group Inc. rises and falls on the health of the Shenandoah
Lending a hand
Small businesses, community banks mutually benefited from PPP loans
Published
There were days during the past six months that some employees at F&M Bank in Timberville worked through the night. At 3 a.m., they were uploading loan applications for clients onto the U.S. Small Business Administration’s online portal. During the day, the site was overloaded with others applying for loans through the Paycheck Protection Program,
Slowdowns ahead
Economic crisis may catch up to construction industry in 2021
Published
When the COVID-19 outbreak began in March, projects at Howard Shockey & Sons, a Winchester-based commercial construction company, kept moving forward. After all, construction is considered an essential business, and unlike some other states, Virginia did not restrict construction activity at the start of the pandemic. But while Shockey’s work continued, albeit with some hiccups
California PPE supplier sues Chain Bridge Bank
Published
A California medical supply company is suing McLean-based Chain Bridge Bank, alleging the bank was responsible for destroying the company’s reputation and making it lose a $600 million state contract for personal protective equipment. In the lawsuit, Blue Flame Medical claims that Chain Bridge Bank told California officials that Blue Flame could be “fraudulent,” leading
Cash crop?
Hemp growers find crowded, uncertain market
Published
Petunias, plants, strawberries, meat, tomatoes and more have been the primary revenue sources for Rolling Meadows Farms during the past 31 years. Tim Belcher took over the 400-acre Martinsville family farm in 1989 after his father retired. Now, the farm has a new product line and Belcher has high hopes that it could run neck
Steady as she goes
Wealth pros advise clients not to be swayed by news cycles
Published
A presidential election. International trade conflicts. Fear of recession. There are plenty of circumstances that could shift the stock market and shake up investments in 2020. Yet consumers should not allow developments nationally and globally to influence their investment choices, say some Virginia wealth advisers who are listed as America’s Best in State for 2020
Making its case
Grundy school creating program in natural resources law
Published
Appalachian’s plan to create a natural resources program began in full force a year and a half ago.
Anchor retailer
Bristol wooed Cabela’s as a catalyst for $200 million retail center
Published
Southwest Virginia Big Deals
A mixed bag
Roanoke and New River valleys saw growth and retraction in 2012
Published
Southwest Virginia regional