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A jackpot for Danville?
Casino set to open in 2023 on former mill property
The now-blighted property that was Dan River Mills when textile was king in the city of Danville will soon morph into the gleaming, $400 million Caesars Virginia casino and resort. At one time, the 80-acre site in the Schoolfield neighborhood was the world’s largest single-unit textile manufacturing site. Now abandoned, the unsightly property represents the
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Growth and development
Southern Virginia weathers pandemic with economic boosts
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Despite dealing with the economic consequences of the COVID-19 pandemic, Southern Virginia is celebrating the development of a resort casino, new investments in the area and several company expansions. The pandemic has presented localities in the region like Danville with a number of challenges they haven’t seen before, but the city continues to look for
Martinsville credit union names chief information officer
Cheri Spence joins ValleyStar
Published
Martinsville-based ValleyStar Credit Union announced Thursday it has hired Cheri Spence as its first chief information officer. Spence joined the ValleyStar board of directors in 2019 as the result of a merger with Entrust Financial Credit Union, where she served as chairwoman. She most recently served as vice president and CIO of Richmond-based nonprofit ChildFund.
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Averett University hires VP for philanthropy
Melissa Wohlstein joins the Danville university
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Averett University announced Wednesday it has hired Melissa Wohlstein as vice president for philanthropy, effective Tuesday. Wohlstein has nearly 20 years of experience in higher education settings. She most recently served as the associate vice president of development at Hollins University. “With her existing connections to Virginia and her commitment to Averett’s mission, she will
Wind industry training catches a Southern breeze
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New College Institute wants to take the lead in building the state’s wind energy workforce. In January, the Martinsville higher education center became the first site in Virginia to offer wind technician training courses, certified by the Global Wind Organisation, a Danish nonprofit that sets international minimum standards for safety and technical training for wind
Crown Holdings to build $145M aluminum can factory in Henry County
Fortune 500 manufacturer will create 126 jobs with new plant
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Yardley, Pennsylvania-based metal packaging tech company Crown Holdings Inc. will establish a $145 million aluminum can manufacturing operation in Henry County, creating 126 jobs, Gov. Ralph Northam announced Thursday. The company will build the 355,000-square-foot facility to be used for aluminum beverage can production in the Commonwealth Crossing Business Centre. Founded in 1892, the Fortune
Packaging manufacturer to launch $45M expansion in Pittsylvania County
Intertape Polymer Group Inc. plans to add 50 jobs over next four years
Published
During the next four years, Intertape Polymer Group Inc. (IPG) will expand its Pittsylvania County manufacturing operation, investing approximately $45 million and creating 50 jobs, Gov. Ralph Northam announced Tuesday. The packaging products and systems company will add 30,000 square feet to its facility at 1101 Eagle Springs Road and invest in production, operations and
Laminating company to add 42 jobs in Henry County
Laminate Technologies Inc. to invest $4M in expansion
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Custom laminating company Laminate Technologies Inc. will invest $4 million to expand its Henry County facility in Ridgeway, creating 42 jobs, Gov. Ralph Northam announced Friday. The company’s manufacturing facility, which opened in 2012, is located at 775 Industrial Park Drive, where an automated hardwood plywood press line will be installed to increase its capacity
Amid leadership shuffle, Halifax sees silver lining
Published
The Halifax County Industrial Development Authority has seen some upheaval recently, but officials say there are several projects in the pipeline as well as a new shell building ready to be occupied. In October 2020, IDA executive director Brian Brown was fired after being hired a little more than a year ago, a move that
Construction begins on $25.5M Danville manufacturing center
Center for Manufacturing Advancement to host space for local manufacturers
Published
The Institute for Advanced Learning and Research (IALR) announced Tuesday it has broken ground on a $25.5 million, 51,250-square-foot manufacturing center on its Danville campus. The Center for Manufacturing Advancement (CMA) will offer space for manufacturing companies establishing or expanding their presence in Southern Virginia. The project is funded by the commonwealth of Virginia and