Cadence to invest $15.9 million in Staunton operations, adding 65 new jobs

AFP

Cadence Inc., a Staunton-based manufacturer of cutting and piercing instruments for industrial, medical and life-science applications, will invest $15.9 million to expand its operation in the City of Staunton and create 65 new jobs within three years. Virginia successfully competed against Costa Rica for the project. Gov. Bob McDonnell visited Staunton to announce the news…

BC student to join Bike Adventure Across America this summer

AFP

Long, tiring days and sore muscles are some of the things Martha Joslyn, a junior at Bridgewater College, will experience this summer as she bikes across the United States and helps to build and renovate homes. A psychology major from Tappahannock, Va., with a minor in neuroscience, Joslyn is joining The Fuller Center Bicycle Adventure,…

Fall guy? FHA cites First Guaranty on loans

AFP

The Federal Housing Administration’s Mortgagee Review Board today announced a settlement agreement with a Virginia-based mortgage lender for failing to apply FHA’s underwriting standards when approving loans. Among the alleged violations, the MRB claimed First Guaranty Mortgage Corporation ignored blemished credit and payment histories, approved loans with debt-to-income ratios that exceeded HUD’s benchmarks, and permitted…

Downtown couture: Shop adds to local flavor in Waynesboro

AFP

Couture fashion – not exactly what you’d expect to find in Waynesboro, but that is one of the latest additions to Downtown Waynesboro with the addition Mariah Amine Couture. Don’t be too intimidated by the word couture, though; the shop still has the local feel that local shoppers are comfortable in. It’s within a few…

Electronics firm to set up operation in Waynesboro: Project to create 65 new jobs

AFP

PPI/Time Zero Inc., a leading electronic manufacturing services provider of high reliability aerospace, defense, medical and industrial electronics, will invest $1.15 million to establish operations at Solutions Place in Waynesboro. The project will create 65 new jobs within the next year. Headquartered in Paterson, N.J., PPI/Time Zero is an EMS company providing low-to-medium volume highly…

Hearing on CDBG grant application set for City Council meeting

Chris Graham

Waynesboro City Council is holding a public hearing on Monday night on a proposed application for a Community Development Block Grant to fund downtown improvements. The effort to build an application for submission for the grant has been led by the city, Waynesboro Downtown Development Inc. and the Waynesboro Redevelopment and Housing Authority. In spring…

Bob Marshall: Maintain DADT in Virginia

AFP

Losing 32 percent of Marine and 21 percent of Army combat troops in battle would devastate our nation. That is how many soldiers said they will definitely leave the US military service early if “Don’t Ask, Don’t Tell” were repealed. Right before Christmas the “lame duck” Congress ended 232 years of military policy and 6000 years of…

Grandin to appear on ‘Virginia Farming’

Chris Graham

For those who missed her speak at the sold-out 2011 Winter Forage Conferences last week, Temple Grandin—a best-selling author and the focus of a Golden Globe and Emmy award-winning HBO biopic—will appear on two episodes of WVPT’s “Virginia Farming,” airing at 7:30 PM on Friday, Jan. 28 and Feb. 4. The episodes, taped back-to-back on…