Tag: Economy

It’s tax time: But corporations aren’t paying

Tax Day offers a stark reminder of the difference between those of us who pay all our taxes every year and the big corporations that don’t.


VCU event to explore future of AirBnB in Virginia

Experts will convene at VCU as part of a panel discussion on concerns and opportunities related to companies such as AirBnB.


Ply Gem Windows to invest $2 million to expand operation in Franklin County

Ply Gem Windows will invest $1.98 million to expand its manufacturing operation in the Town of Rocky Mount in Franklin County.


Drake Extrusion to invest $6 million to expand in Henry County

Drake Extrusion, a subsidiary of International Fibres Group, will invest $6 million to expand its manufacturing operation in Henry County.


Tourism Association of Greater Waynesboro speaks out on Wayne Theatre

The Tourism Association of Greater Waynesboro addressed the budget recommendations by City Manager Mike Hamp relative to the Wayne Theatre.

Stink bug research could bear fruit in a few years

About five years ago the brown marmorated stink bug migrated into Northern Virginia and began damaging the apple crop and other produce.

gas prices

Gas prices on either side of $2 a gallon in Virginia

Gas prices have remained above $2 per gallon since March 24 while states in the Mid-Atlantic are seeing prices on both sides of the $2 mark.


Does ‘free market’ even mean anything?

Whenever you read the words “our free market system,” it should raise a red flag. What does the term “free market system” even mean?

gas prices

AAA: Gas prices back above $2 a gallon nationally

Gas prices have increased largely due to seasonal increases in fuel demand and reduced production as some refineries conduct maintenance.

Henry’s Farm Inc. recalls soybean sprouts due to possible health risk

Henry’s Farm Inc. of Woodford, Va. is recalling all packages of soybean sprouts because they may be contaminated with Listeria monocytogenes.


Deschutes Brewery chooses Roanoke for Eastern U.S. location

Deschutes Brewery will invest $85 million to establish its Eastern U.S. brewery in the City of Roanoke.

Augusta County named top place to get a mortgage in Virginia

This month, SmartAsset, a New York financial technology company, named Augusta County one of the smartest places in Virginia for home-buyers to get a mortgage.


Shenandoah Valley Partnership wins statewide award

The Shenandoah Valley Partnership was honored in the Virginia Economic Developers Association 2016 Community Economic Development Awards.


SCC sets schedule to consider Anthem’s proposed purchase of Cigna

The SCC will hold a public hearing in May to consider the impact of Anthem’s proposed acquisition of Cigna and its subsidiaries.


ADP to invest $32.25 million to establish regional customer service center in Norfolk

ADP will invest $32.25 million to establish a regional customer service center in the City of Norfolk. The project will create about 1,800 new jobs.

gas prices

AAA: Gas prices in Virginia up 19 cents in a week

Virginia gas prices have jumped 19 cents per gallon in in the past week as supplies are ample, demand is relatively strong.


Virginia unemployment rate dips to 4.1 percent

Virginia’s seasonally adjusted unemployment rate decreased 0.1 percentage point in January to 4.1 percent, the lowest rate since July 2008.


Fiscal incentives for companies sponsoring registered apprenticeships

The Virginia Department of Labor and Industry (DOLI) is accepting applications from employers interested in accessing state funds to offset training costs for registered apprentices.


Meat Matters: Animal Agriculture Alliance debuts campaign

The Animal Agriculture Alliance unveiled on Feb. 1 a campaign focused on promoting the role of meat and poultry in a healthy, balanced diet.


USDA, US Chamber foundation to promote ag jobs to veterans

The USDA announced a joint agreement with the U.S. Chamber of Commerce Foundation to increase employment opportunities in the agricultural sector for military veterans and their spouses.

gas prices

Mid-Atlantic gas prices continue decline: National average up this week

Mid-Atlantic gas prices continue a slow decline, with areas in Virginia breaking the sub-$1.50 barrier.


Virginia’s, nation’s largest industry to be celebrated March 14-20

Agriculture, America’s and Virginia’s largest industry, will be celebrated March 14-20, National Ag Week. March 15 has been designated National Ag Day.

dominion virginia power

FTC grants antitrust approval of combination of Dominion, Questar

Dominion Resources and Questar Corporation announced Tuesday that their proposed combination has cleared a key condition needed for completion.


Inequality is a zero-sum game

In a recent commentary (“Economic Inequality,” January 2016), venture capitalist Paul Graham defends inequality on the grounds that it’s not necessarily the result of a zero-sum game.

craft beer virginia tech

Virginia Tech hops into the farm-to-glass craft beer movement with new brewhouse

Virginia Tech is helping the commonwealth’s beer industry, which has a more than $8 billion annual economic impact and contributes $2.9 billion in annual total tax contributions.


Valley Workforce Participates in Virginia Values Veterans (V3) Program

Shenandoah Valley Workforce Development Board CEO Sharon Johnson was recently named to the State Steering Committee for the Virginia Values Veterans Program.


Big data can make a big difference on farms

A recent study about precision agriculture showed that unused data equaled $8.1 billion in unrealized revenue for farmers.

gas prices

AAA: Gas prices about to push back up?

Gas prices in the region continue to decline, but the party may be coming to an end sooner than many would like.


Report: Charlottesville area economy has record year in 2015

The Charlottesville Regional Chamber of Commerce reported Thursday that total retail sales set a second straight record level over 2015.


Polykon Manufacturing LLC to establish manufacturing operation in Virginia

Polykon Manufacturing LLC will invest more than $60 million to establish a manufacturing operation in Virginia in Henrico County.


Emser Tile to invest $16.25 million to establish East Coast distribution center

Emser Tile, the leading designer, marketer and producer of the world’s finest tile and natural stone, will invest $16.25 million to establish an East Coast distribution operation.


Consumers harmed by KLMN Readers Services receiving restitution

The Attorney General office has mailed restitution checks totaling more than $20,000.00 as part of a judgment filed against KLMN Readers Services, Inc.