News

Gov. McAuliffe praises Gene Haas Center as economic engine to diversify economy

Gov. Terry McAuliffe came to Danville on Friday to honor the more than $1 million — and a nearly equal amount of hopes — invested into the freshly completed Gene Haas Center for Integrated Machining at the Institute for Advanced Learning and Research. The ribbon cutting gathered together a long list of politicians, funders, donors and educators...

eBay adding New facility, 191 jobs

eBay will expand its operations in Henry County, adding 191 full-time jobs with an annual payroll of more than $4 million and investing $5.8 million in capital improvements, officials announced Thursday. The expansion will make eBay the second-largest non-service employer in the region after Eastman Chemical Company, according to Mark Heath,...

Governor McAuliffe Announces 29 New Jobs in Henry County

Governor Terry McAuliffe announced today that Hardide Coatings, Inc., a manufacturer of advanced surface coatings, will invest $7.25 million to establish its first Virginia operation in Henry County and create 29 new jobs with an average salary of $50,000, which is well above the average prevailing wage in the region. Virginia successfully...

Watch the 2015 Corvette Z06 obliterate Virginia International Raceway

A 2:41.3-second lap around VIR's Grand West Course? That's just obscene. The video you're about to watch is astonishing. In it, GM engineer Jim Mero beats VIR's Grand West Course into submission with the mallet that is the 2015 Chevrolet Corvette Z06. Mero and the Chevy team spent a few days at the track with a bone-stock car, and this video is...

Governor McAuliffe Announces 200 New Jobs in Henry County

Monogram Food Solutions to invest more than $36 million to expand processing operation Governor Terry McAuliffe announced today that Monogram Food Solutions, LLC, a Memphis-based manufacturer of value-added processed meats, will invest $36.475 million to expand its meat snacks production operation in the Henry County Patriot Centre Industrial...

TMI Auto Tech, backed by tobacco grant, aims to develop the ‘Spider’, 19 new jobs

TMI Auto Tech, exclusive North American manufacturer of the Ariel Atom vehicle, has been awarded an $838,000 grant from the Virginia Tobacco Commission to develop a new sports car, the Spider. The project is anticipated to create 19 new jobs. The closed-body Spider is different from the Ariel Atom and will be made of lightweight, high-strength...

New 90,000sf shell building in Martinsville

A new shell building at Patriot Centre at Beaver Creek officially is on the market. A ribbon-cutting was held Wednesday at the lot 8 shell building, located at 1320 Beaver Creek Drive in the industrial park. Speakers included Henry County Administrator Tim Hall, Henry County Board of Supervisors Chairman H.G. Vaughn and Martinsville Mayor Kim...

Ready for a comeback?

Ready for a comeback?

In 2006, a joint subcommittee of the Virginia legislature studying the needs of the manufacturing sector and the future of manufacturing in the commonwealth found disturbing statistics. Since peaking at 432,500 in 1989, Virginia's manufacturing employment had fallen to 296,600 by June 2004. The numbers haven't improved since then. In June, the...