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For the Record May 2022
CENTRAL Henrico County-based Altria Group Inc., parent company of tobacco company Philip Morris USA, has agreed to buy power from a wind energy development in Texas. Altria says the purchase is aimed at offsetting emissions from electricity demand at all of Altria’s U.S. operations. Announced in April, the deal is Altria’s first virtual power purchase
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CENTRAL VIRGINIA AutoZone Inc. plans to build a $185.2 million warehouse and distribution center in New Kent County, creating 352 jobs, Gov. Glenn Youngkin announced in February. The 800,000-square-foot facility will serve as the auto parts company’s East Coast distribution operation. Based in Memphis, Tennessee, AutoZone has more than 6,000 stores nationwide and reported $14.6
February For The Record
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Southwest Virginia In December 2021, public-private campaign InvestSWVA announced the launch of an economic development initiative designed to help Southwest Virginia manufacturers find entry points in the supply chain for wind energy equipment components. The initiative, called Project Veer, will connect Southwest Virginia manufacturers with industry experts, public sector partners, the Hampton Roads Alliance, Dominion
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FOR THE RECORD January 2022
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Southwest Virginia The $12.5 million Abingdon Sports Complex is 80% complete, town officials said during the Dec. 7, 2021, Abingdon Town Council meeting. The complex has been in the works for seven years, and its grand opening is slated for mid-April. It’s set to host 30 weeks of weekend tournaments for softball and baseball, but
For the Record December 2021
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Roanoke / New River Valley The latest in a series of rate increases by Appalachian Power Co. will add $3 to the monthly bill of an average residential account. Beginning in November, Appalachian was allowed to raise its bills — on an interim basis — to pay for the higher cost of coal and natural
FOR THE RECORD November 2021
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Roanoke/ New River Valley One of the largest rooftop solar energy projects in the Roanoke region is now operating at Goodwill Industries of the Valleys. In mid-October, the nonprofit installed solar panels at its Support Center/Jobs Campus building on Melrose Avenue. About 90% of the building’s electricity will be generated by renewable energy, reducing annual
FOR THE RECORD October 2021
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EASTERN VIRGINIA Newport News-based defense contractor Aery Aviation LLC will add 211 jobs with the $15.3 million expansion of its headquarters, Gov. Ralph Northam announced Sept. 14. The aviation company will build a 60,000 square-foot hangar with access to the Newport News/Williamsburg International Airport runway and an engineering technology center to provide maintenance and modification
September For the Record
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Roanoke/New River Valley Apex Clean Energy is appealing a decision that it ran out of time for its Rocky Forge Wind project in Botetourt County, a proposed complex of 14 mountaintop wind turbines atop North Mountain that would stand about twice as tall as the Wells Fargo tower in downtown Roanoke. Apex informed the county
AUGUST 2021 FOR THE RECORD
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Roanoke/New River Valley Three off-campus housing complexes in Blacksburg geared toward Virginia Tech students were sold for $146 million in a deal announced by Berkadia in late June. The buyer, California-based Reliant Group, added the portfolio to its earlier purchase of another student housing property near Virginia Tech. A Reliant Group-connected LLC purchased Hunters Ridge,
June For The Record
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Roanoke/ New River Valley In late April, Salem-based LewisGale Regional Health System broke ground for a new freestanding emergency room in Roanoke. Located on West Ruritan Road, the nearly 10,000-square-foot facility will be named LewisGale Medical Center Blue Hills ER and staffed with board-certified emergency room physicians and nurses. It is expected to open in