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Caesars runs the table in Danville
After competing with several other major players, Caesars Entertainment Corp. is planning a $400 million casino in Danville’s Schoolfield neighborhood. In early June, City Council approved the Las Vegas-based company as its preferred casino operator, and the Virginia Lottery is expected to rule on the case by mid-July. The next step toward approval is a
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Averett University names chief entrepreneurship, innovation officer
John Vigouroux to lead the new Center for Entrepreneurship and Innovation.
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Averett University announced Thursday that John Vigouroux will join the university as its first chief entrepreneurship and innovation officer. He also will lead the new Averett Center for Entrepreneurship and Innovation. The center will serve as a learning lab and entrepreneurial space for students. The goal of the center is to connect students to economic
Danville Pittsylvania County Chamber to move Sept. 1
It will be located at the Institute for Advanced Learning and Research
Published
The Danville Pittsylvania County Chamber of Commerce announced Tuesday that it will move to the Institute for Advanced Learning and Research (IALR) in Danville on Sept. 1. The Chamber has been located in Blairs since 2005, when the Pittsylvania County Chamber of Commerce and the Danville Area Chamber of Commerce merged. After the chambers merged,
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Henry County manufacturer announces $6.9M expansion
Drake Extrusion Inc. to open additional facility, hire 30 workers
Published
Henry County-based manufacturing company Drake Extrusion Inc. will invest $6.9 million to expand its operations, Gov. Ralph Northam announced Monday. Drake Extrusion, a subsidiary of Sweden-based filament yarn and staple fiber manufacturer Duroc AB, plans to build an additional manufacturing facility in a vacant 120,000-square-foot building on Industrial Park Drive. The expansion will create 30
The Harvest Foundation names new president
Kathryn Keller will relocate to Martinsville for new position
Published
The Harvest Foundation in Martinsville announced Friday that it has named Kathryn “Kate” E. Keller as its new president. She is expected to start on July 15. Keller replaces Allyson Rothrock, who is retiring after more than 17 years with The Harvest Foundation. Keller worked for 20 years at Cincinnati-based health foundation Interact for Health,
Richmonders launching large hemp processing facility in South Boston
Blue Ribbon Extraction plans to buy $70M in industrial hemp from local farmers
Published
Blue Ribbon Extraction, a company started by two Richmonders, is investing $3.26 million to establish Virginia’s first large-scale industrial hemp processing and cannabidiol (CBD) oil extraction facility in South Boston, Gov. Ralph Northam announced Thursday. The project will create 22 jobs and the company plans to source about $70 million in hemp — more than
Va. Economic Developers Assoc. announces award recipients
Harrisonburg, Pittsylvania County, Danville and Southern Virginia Regional Alliance recognized
Published
The Virginia Economic Developers Association (VEDA) announced Tuesday the recipients of its 2020 Community Economic Development Awards (CEDA): the city of Harrisonburg for its Bricks & Clicks Initiative and a regional economic development collaboration among Pittsylvania County, Danville and the Southern Virginia Regional Alliance. CEDA awards are given to economic and community development projects and
GO Virginia Region 3 names program director
Bryan David was most recently Orange County administrator
Published
Growth and Opportunity for Virginia’s Region 3 Council announced Tuesday it has named former Orange County Administrator Bryan David as program director for the region, which includes the cities of Danville and Martinsville. In his new role, David will lead the operations of the Region 3 GO Virginia Council in collaboration with partner organizations, residents
FerraTex to buy Henry County facility for $1.95M
Cured-in-place pipe company to expand building, add 15 jobs
Published
FerraTex Solutions LLC will purchase the former Compton Woods Products facility in Bowles Industrial Park in Henry County for $1.95 millon, Gov. Ralph Northam announced Thursday. FerraTex, which specializes in services and liners for cured-in-place pipes (a method of repairing existing pipelines), will renovate and expand the facility, adding 15 jobs. “As we work to
Caesars wins bid in Danville casino project
$400M casino expected to bring 1,300 jobs, $30M in annual revenue
Published
After taking bids from several companies, Danville officials announced Monday that the city is in negotiations with Caesars Entertainment to be the preferred operator of a Danville-based casino. Voters will still need to approve the casino in a November local referendum. The $400 million resort is proposed for the former Dan River Mills industrial complex