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Caesars wins bid in Danville casino project
$400M casino expected to bring 1,300 jobs, $30M in annual revenue
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
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Plastics company plans 200 jobs, $34M investment in Pittsylvania
Manufacturing plant will be on former site of Burlington Industries in town of Hurt
Published
An Ohio-based plastics company is planning to invest $34 million in a new plant in Pittsylvania County, a project expected to bring 200 manufacturing jobs to the region over the next four years, local officials announced Friday. The 250,000-square-foot plant will be built on the former site of Burlington Industries in the Southern Virginia Multimodal
Executive profiles
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We asked leaders in Virginia’s maritime and logistics industry for their thoughts on the Port of Virginia expansion and the impact of the COVID-19 pandemic on shipping. Click to expand photos. Interviews follow. VB: How will the Port of Virginia expansion impact Virginia’s economy? Adams: The Central Chapter encompasses the area around Richmond and is
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Danville, Pittsylvania land on top ‘micropolitan’ list
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A yin-and-yang approach has led to business success in the city of Danville and Pittsylvania County, which were collectively named the No. 6 micropolitan area in the nation by Site Selection Magazine in April. It’s the third time the region has landed in the top 10 list, which is based on economic development deals in
Cash crop?
Hemp growers find crowded, uncertain market
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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
Danville Community College names associate VP of human resources
Bruce Cottrill most recently comes from the West Virginia Higher Education Policy Commission.
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Danville Community College announced Tuesday it has hired Bruce Cottrill as its associate vice president of human resources, a new position for the college. Cottrill relocated from Charleston, West Virginia, where he was most recently the interim vice chancellor for human resources with the West Virginia Higher Education Policy Commission and the West Virginia Council
Former IKEA warehouse sells for $3.85M in Pittsylvania
Facility will be used Danville-based Supply Resources Inc.
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A 152,379-square-foot warehouse and distribution facility formerly used by IKEA in Pittsylvania County’s Ringgold area sold for $3.85 million, Cushman & Wakefield | Thalhimer announced Monday. Rick Barker Properties LLC purchased the facility located at 240 Factory Lane — approximately six miles outside of Danville. The facility sits on 23 acres of land and had
Averett University names new VP and CFO
Don Aungst was most recently CFO at Susquehanna University.
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Averett University announced Thursday that Don Aungst has become the university’s new vice president and chief financial and operating officer. He started at the Danville college this month. Aungst was most recently the CFO at Susquehanna University in Pennsylvania. He has more than 30 years of experience in higher education leadership positions. He has also
‘Talk to your banker today,’ Va. Bankers Assoc. president says
Banks still open for businesses but are settling in to their new normal.
Published
Virginia Business virtually sat down with Virginia Bankers Association President and CEO Bruce Whitehurst and Chairman Jeff Haley, who is also president and CEO of Danville-based American National Bank & Trust Co. This is part of an ongoing series of conversations with Virginians about how their work lives and businesses have changed during the pandemic. Virginia
Regional group forms to bring in manufacturing jobs
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Like many rural communities, Mecklenburg County relies on regional cooperation to boost its economy. A newly formed partnership — Virginia’s Manufacturing Region — is a regional coalition to market Southern Virginia as a top destination for manufacturing jobs. It’s a bit like a supergroup, with Virginia’s Growth Alliance in Keysville, Virginia Gateway Region in Colonial