News
Sumitomo Machinery Corporation Of America To Make “Multi-Million Dollar Investment In New Machinery” At Its Virginia Facility.
Gov. Northam Announces Multi-Million Dollar Investment in August County Sumitomo Machinery Corporation Of America To Make “Multi-Million Dollar Investment In New Machinery” At Its Virginia Facility. WVIR-TV Charlottesville, VA (8/14) reports that on Tuesday that Virginia Gov. Ralph Northam (D) announced that “Sumitomo Machinery Corporation of America (SMA) will make a multi-million dollar investment in […]
Trucking’s Tight Capacity Squeezes U.S. Businesses
Trucking’s Tight Capacity Squeezes U.S. Businesses The Wall Street Journal Empty trucks are so hard to come by right now that Dean Foods Co., one of North America’s largest milk suppliers, cut its full-year earnings outlook in part because it simply can’t move its goods for anything close to what it expected to pay this […]
NIBCO To Invest $14M in Virginia Expansion, Create 30 Jobs
NIBCO To Invest $14M in Virginia Expansion, Create 30 Jobs The Augusta (VA) Free Press (8/7) reports that “NIBCO INC., a manufacturer of wrot copper fittings for the flow control industry, will invest $14 million to expand its operation in Augusta County,” Virginia, adding that the company “is investing in its infrastructure, adding new equipment […]
Judges vacate two permits for Atlantic Coast Pipeline
Judges vacate two permits for Atlantic Coast Pipeline Richmond Times Dispatch Construction of the Atlantic Coast Pipeline has hit a new roadblock in the Blue Ridge Mountains at a critical crossing beneath a scenic national parkway. A three-judge panel of the 4th U.S. Circuit Court of Appeals on Monday tossed out two federal permits issued […]
Company cited for chemical spill that killed 40,000 fish in Tinker Creek
Company cited for chemical spill that killed 40,000 fish in Tinker Creek The Roanoke Times One year after more than 40,000 fish turned up dead in Tinker Creek, the company responsible for a chemical spill has reached a partial settlement with state regulators. Crop Production Services will pay $86,564 in penalties and reimbursements to the […]
Thirteen Virginia organizations have been named to Forbes’ “Best Employers for Women” List
Thirteen Virginia organizations have been named to Forbes’ ‘Best Employers for Women’ list Virginia Business | August 2, 20148 Thirteen Virginia organizations have been named to Forbes’ “Best Employers for Women.” Forbes partnered with the market research company Statista to develop its first national list of 300 companies that are supporting women employees by providing […]
Press Glass To Invest $43M In Virginia Facility, Will Add 212 Jobs.
Press Glass To Invest $43M In Virginia Facility, Will Add 212 Jobs. WDBJ-TV Roanoke, VA (7/30, Stuart) reports that Virginia Gov. Ralph Northam (D) announced Monday that “Press Glass, an independent flat glass processing operation in Europe, will invest $43.55 million to establish a 280,000-square-foot manufacturing operation in Henry County,” Virginia. The project “will create […]
Richmond Fed Manufacturing Survey
Richmond Fed Manufacturing Survey The Richmond Federal Reserve Bank reported that manufacturing activity continued to expand at a solid pace in July, albeit at a marginally slower rate than in June. The composite index for general business assessment edged down from 21 in June to 20 in July. Despite the slight drop, the underlying data […]
Canadian company to invest $275 million, create 140 jobs, at Bear Island paper plant in Hanover
Canadian company to invest $275 million, create 140 jobs, at Bear Island paper plant in Hanover The Richmond (VA) Times-Dispatch (7/26, Blackwell) reports that Cascades Inc., “a Canadian paper company plans to invest $275 million to open a recycled containerboard operation in the idled Bear Island Paper Mill in Hanover County, creating 140 jobs.” The […]
Trump, E.U. announce deal to avert escalation of trade tensions
Trump, E.U. announce deal to avert escalation of trade tensions The Washington Post | July 25, 2018 |By Damian Paletta and Jeanne Whalen The United States and the European Union stepped back from the brink of an escalating trade war Wednesday, with the unexpected announcement of a process to ease tensions and avoid further tariffs. […]