3 NRV Locations Rank Among Places with Lowest Cost of Living in VA

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New River Valley, VA – Niche.com recently listed three locations around the NRV among the top twenty places with the lowest cost of living in Virginia. Ranking of cost of living by city was based on the consumer price index and access to affordable housing using data from the U.S. Census and BLS. Check out the locations below: The affordability of Virginia’s New River Valley is one of the many reasons people choose to live, work, and do business in the region. Residents enjoy an excellent quality of life and below average cost of living, making the NRV a ‘Natural Fit.’ Browse the full rankings from Niche.com here. Thinking of relocating to the NRV? Explore our Cost-of-Living Calculator here.
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Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.” Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

NRV Company Selected for Johnson and Johnson Innovation Virtual Residency

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Montgomery County, VA – Qentoros , headquartered in Blacksburg, Virginia, was one of three companies recently selected to participate in a virtual mentorship program by The Virginia Tech Research Center and Johnson and Johnson Innovation (JLABS) . This program has been established to help emerging biotech and life science startups.

Brett Malone, President and CEO of the Virginia Tech Corporate Research Center, had this to say about the collaboration:

“These companies will have a much greater chance of getting their potentially-life saving innovations to patients because of the quality of global services and mentorship that JLABS brings to the table. We’re also excited to provide lab space in Blacksburg based on the companies’ needs.”
Read the full announcement of the Virtual Residency here.

Explore more about Montgomery County, a community in Virginia’s New River Valley here.

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Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”   Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.  
Homegrown NRV Companies Highlighted in Virginia Economic Review

Homegrown NRV Companies Highlighted in Virginia Economic Review

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New River Valley, VA – Companies that were founded in Virginia’s New River Valley and continue to flourish in the region were highlighted in a recent issue of the Virginia Economic Review. The Q4 2022 issue focused on homegrown Virginia companies throughout the Commonwealth.

Here is a list of the NRV companies highlighted in this issue:

The New River Valley has many advantages for starting and growing your business. It has an innovative business community and access to a loyal, highly skilled workforce. It is affordable with a low cost of living. The strategic location with easy access to I-81 and I-77 makes travel and distribution convenient.

Explore all the NRV’s business advantages here.

Read the full “State of Success” issue of the Virginia Economic Review here.

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Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

VT Women’s Basketball Headed to First Final Four

VT Women’s Basketball Headed to First Final Four

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Montgomery County, VA – The Virginia Tech women’s basketball team is headed to the Final Four!

This will be the first time in school history that the women’s basketball team has gone to the Final Four in the NCAA tournament. It has been a banner season for the Hokies, who currently have a 31-4 record and won the ACC Tournament Championship on March 5th.

Here are the results from the Hokies’ previous 2023 NCAA tournament games:

  • First Round: Hokies 58 – Chattanooga 33
  • Second Round: Hokies 72 – South Dakota State 60
  • Sweet Sixteen: Hokies 73 – Tennessee 64
  • Elite Eight: Hokies 84 – Ohio State 74

The Hokies will face LSU in the Final Four on Friday, March 31st at 7:00 pm EST. The game will be broadcast on ESPN. Congratulations and good luck to the Hokies!

Get all the news about Virginia Tech’s historic run in the tournament here.

Explore sports and recreation in Virginia’s New River Valley here.

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Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

Floyd Among Travel + Leisure’s Best Small Towns in Virginia

Floyd Among Travel + Leisure’s Best Small Towns in Virginia

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Floyd County, VA – Travel + Leisure recently listed Floyd as one of the twelve best small towns in Virginia to visit. Here’s what Travel + Leisure’s Jennifer Prince had to say about Floyd:
“The mountain town of Floyd serves as a haven for music and features the annual Floyd Fest, a 5-day music and art festival set against the backdrop of Southwest Virginia’s scenic landscape. The area is filled with fascinating moonshine history and artisans who offer glimpses into their process via studio tours. In addition, music lovers will enjoy visiting the Floyd Country Store, which hosts live events several times a week.”
Not only is Floyd a great place to visit, but it is also a wonderful place to live and work. Explore Floyd County, a community in Virginia’s New River Valley, here. Learn more about living in Virginia’s New River Valley here. Read the full list from Travel + Leisure of Virginia small towns to visit here.
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Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.” Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.
6 NRV Locations Win Best of Blue Ridge 2023 Awards

6 NRV Locations Win Best of Blue Ridge 2023 Awards

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New River Valley, VA – Six well-known locations and events around the NRV recently won Best of the Blue Ridge 2023 Awards from Blue Ridge Outdoors magazine. Additionally, there were six businesses from around the region that were highlighted as runners up in different categories.

This is the 13th annual Best of the Blue Ridge Awards. In November 2022, readers of Blue Ridge Outdoors voted on their “favorite outdoor businesses, events, food/drinks, and destinations in the Southeast and Mid-Atlantic” to determine this year’s winners.

Browse the New River Valley’s Best of the Blue Ridge winners and runners up below:

Winners:

Runners Up:
  • Mountain Lake Lodge: Best Kid-Friendly Adventure Spot
  • Buffalo Mountain Ziplines: Best Zipline
  • 5 Mile Mountain Distillery: Best Distillery
  • Red Rooster Coffee: Best Coffee Shop
  • Runabout Sports: Best Running Shop
  • Mountainside Holistic Clinic: Best Wellness Center


    • See all the Best of the Blue Ridge 2023 award winners here.

    Explore more of the outdoors across Virginia’s New River Valley here.

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    Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small-town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

    Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

Giles County Awarded Nearly $400,000 for Site Development

Giles County Awarded Nearly $400,000 for Site Development

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Giles County, VA – In January 2023, Giles County was awarded a $387,865 grant from the Virginia Business Ready Sites Program (VBRSP) for site development. The funds will be used to continue the development of Wheatland EcoPark. Wheatland EcoPark is a 130-acre industrial park located adjacent to US-460.

Wheatland EcoPark was one of 21 Virginia sites to receive funding from VBRSP. VBRSP is a discretionary program that is run by the Virginia Economic Development Partnership (VEDP). Its purpose is “to promote development and characterization of sites to enhance the Commonwealth’s infrastructure and promote its competitive business environment.” A total of $90 million in grants were awarded throughout the Commonwealth.

Read the full press release announcing the Fiscal Year 2023 VBRSP recipients here.

Learn more about the Virginia Business Ready Sites Program here.

Explore Giles County, a community in Virginia’s New River Valley, here.

Browse available sites and buildings in the NRV here.

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Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small-town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

Moog Expands International Sales with VALET Graduation

Moog Expands International Sales with VALET Graduation

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Montgomery County, VA – Moog was one of ten companies who recently graduated from the Virginia Leaders in Export Trade (VALET) program run by the Virginia Economic Development Partnership (VEDP). This two-year program is designed to help businesses throughout the Commonwealth grow their international exports.

According to VEDP, “[p]rogram benefits include executive training, international sales plan development, educational events and customized research. The VALET program generates an average increase in international sales of 59% for participating companies.”

Read the press release announcing Moog’s graduation from the VALET program here.

Learn more about the VALET program here.

Explore companies across Virginia’s New River Valley who have participated in the VALET program here.

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Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small-town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

FedEx Ground Montgomery County

FedEx Ground to Open Distribution Center in Montgomery County

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Featured image courtesy of Montgomery County Economic Development.

Montgomery County, VA – It was announced in November 2022 that FedEx Ground will be opening a 251,000 square-foot distribution center in Montgomery County’s Falling Branch Corporate Park. The facility, which is located on 41 acres in the industrial park, is expected to be operational in 2023.

According to the press release, “[t]he site was chosen [by FedEx] because of its ease of access to major highways, proximity to customers’ distribution centers and a strong local community workforce for recruiting employees.”

Here is what Montgomery County Board of Supervisors Chair Sherri Blevins had to say about the project:

“Our community continues to grow and having FedEx Ground chose Montgomery County as the home to build one of its most recent distribution centers serves as testament to the work we do every day to make Montgomery County a thriving and growing place for businesses and for our citizens to live and to work.”

Read the full press release about the project here.

Learn more about Montgomery County, a community in Virginia’s New River Valley, here.

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Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

H&V to Create 25 Jobs in Floyd County

Hollingsworth & Vose to Expand and Create 25 Jobs in Floyd County

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Global Advanced Materials Manufacturer to invest $40.2 million, create 25 jobs in Floyd County

Governor Glenn Youngkin today announced that Hollingsworth & Vose (H&V), a global manufacturer of advanced materials used in filtration, battery, and industrial applications, will invest $40.2 million to expand its operation in Floyd County. The company will add over 28,000 square feet to its facility at 365 Christiansburg Pike Northeast to accommodate new production equipment to meet increased demand. Virginia successfully competed with Georgia for the project, which will create 25 new jobs.

“Hollingsworth & Vose has generated positive economic impact and job opportunities in Floyd County for more than four decades, and this significant investment further solidifies the company’s commitment to Virginia,” said Governor Glenn Youngkin. “Businesses with a long history of expansion in the Commonwealth offer powerful testimonials on why a Virginia location is a foundation for success, and we look forward to a continued partnership with H&V.”

“Hollingsworth & Vose has played a role in the success of Virginia’s advanced materials industry over the past 46 years, and we are thrilled to support this important corporate partner’s expansion in Floyd County,” said Secretary of Commerce and Trade Caren Merrick. “The company’s continued investment is a strong testament to the New River Valley’s strategic location and business-friendly environment, and we thank H&V for creating high-quality jobs in Floyd County.”

”[Hollingsworth & Vose]’s continued investment is a strong testament to the New River Valley’s strategic location and business-friendly environment, and we thank H&V for creating high-quality jobs in Floyd County.”
– Caren Merrick, Virginia Secretary of Commerce and Trade

“We’ve been a part of the Floyd, Virginia community since 1976. This facility is essential to serving both our global and domestic customers,” said Josh Ayer, CEO of H&V. “We chose Virginia for this expansion because of its positive business environment and strong support from the Commonwealth of Virginia and Floyd County.”

“We’ve been a part of the Floyd, Virginia community since 1976. This facility is essential to serving both our global and domestic customers. We chose Virginia for this expansion because of its positive business environment and strong support from the Commonwealth of Virginia and Floyd County.”
– Josh Ayer, Hollingsworth & Vose CEO

“We are delighted to continue to support Hollingsworth & Vose’s growth in Floyd County. Their new investment is over three times bigger than the largest private investment in our county’s 191-year history,” said Joe Turman, Chairman of the Floyd County Board of Supervisors.

“The Hollingsworth & Vose expansion will provide crucial jobs for our Floyd families and enable us to keep more of our families working here at home,” said Delegate Marie March. “We are a hard-working community and believe that this company understands the loyalty and dedication that workers here in SWVA bring to their business. I happily welcome this investment and expansion to our economy. Private enterprise ventures always reward and benefit our local community.”

With incorporation dating back to 1892 and headquartered in East Walpole, Massachusetts, H&V’s advanced materials contribute to a cleaner world through products that provide clean air, clean liquids, and energy storage. The company has been family-owned for seven generations. In 1976, H&V established its first Virginia facility in Floyd County and employs over 200 workers.

The Virginia Economic Development Partnership worked with Floyd County to secure the project for Virginia. Governor Youngkin approved a $558,700 grant from the Commonwealth’s Opportunity Fund to assist Floyd County with the project.

Read the Governor’s press release here.

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Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small-town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.