
Virginia Earns #1 Business Climate Spot From Site Selection Magazine
Virginia Business has announced that the Commonwealth of Virginia has earned the top spot in Site Selection magazine for best business climate.

Virginia Business has announced that the Commonwealth of Virginia has earned the top spot in Site Selection magazine for best business climate.

WDBJ News recently highlighted the city of Radford and its decision to approve a future purchase option of an 80-acre site affiliated with the old Foundry on the far west side of town.

The article explores new development and the town’s new downtown attractions.

Cardinal News recently featured an article titled “In Pulaski, Driving Toward the Future,” highlighting a local electric vehicle manufacturer in the NRV. Trova Commercial Vehicles is making history with a process that enables the transformation of existing diesel trucks to electric.

TORC, a leader in the unmanned systems industry, continues to roll out groundbreaking technology that puts the growing company and Virginia’s New River Valley on the map.

The Town of Blacksburg recently announced that it has established an Affordable Housing Fund (AHF) that aims to serve the moderate to lower-income segment of the population. The fund will utilize money from the American Rescue Plan Act, which was established to aid communities grappling with the economic impacts of COVID-19.

Virginia’s New River Valley made the Business Facilities list of top-ranked locations in the category of Best Recovery Metro Areas.

Oransi Inc., an NRV manufacturing company made the Inc. 5000 list for 2022. The annual rankings by Inc. magazine list the “fastest-growing private companies in the United States” and are a “hallmark of entrepreneurial success”.

VPT, A Blacksburg-based company, is playing in a planned future mission to space.

A press release by the Virginia Passenger Rail Authority (VPRA) and Norfolk Southern Corporation recently announced the financial closing of the agreement which will expand passenger rail service from Washington, DC to the New River Valley.
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