Montgomery County EDA Purchases 124 Acres to Expand Falling Branch Corporate Park

/0 Comments/in , , , /by

MONTGOMERY COUNTY, VA – Montgomery County’s Economic Development Authority (EDA) will close on the 124 acres of property adjacent to the County’s Falling Branch Corporate Park at a cost of $2.5 million (or roughly $20,161 per acre) today, November 21, 2017.

“This is a step forward in diversifying opportunities both for existing businesses within Montgomery County to expand as well as to attract new businesses,” said Montgomery County Board of Supervisors Chair, Chris Tuck.


“This purchase allows us to increase our tax base, which will potentially lead to the creation of new jobs with the advent of current businesses having the necessary space to grow as well as new businesses entering Montgomery County,” said Tuck.


The EDA entered into a contract with Cox Family Farms, LLC on May 27, 2017. Upon entering into the contract, the EDA had 180 days to perform due diligence on the property, which included the rezoning request process as well as geotechnical and environmental studies. Rezoning applications with both Montgomery County and the Town of Christiansburg were filed for the property on May 30. Rezonings with both the County and the Town were completed and approved by September 26.


“Prior to this planned expansion of Falling Branch Corporate Park, the largest lot available was about 16 acres, making it a challenge for Montgomery County to attract businesses that need larger lot sizes, said Tommy Loflin, Chair, EDA. “I’m happy we have addressed this issue and are making great strides in expanding the corporate park.”


Currently, Falling Branch Corporate Park is comprised of a total of 175 acres, with 146 acres occupied by businesses including Aeroprobe Corporation, Backcountry.com, DISH Network, Ferguson Enterprises, Inc., Inorganic Ventures, Polymer Solutions Inc., and Prestar Packaging, The recent purchase will add 124 acres to the existing available 29 acres.


“I’d like to congratulate Montgomery County on acquiring this land,” said Charlie Jewell, Executive Director, Onward New River Valley. “The property is highly attractive for larger projects and will aid our efforts to attract new businesses to the area. We look forward to working closely with the County to begin marketing this asset to prospective businesses.”


###


Virginia’s New River Valley: For those searching for an inspiring place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s 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.

Montgomery County Launches U.S. Flag Etiquette Program, Partners with Boy Scouts, Cub Scouts

/0 Comments/in , /by

MONTGOMERY COUNTY, VA – There are some traditions that are inherent to America: our national anthem, respecting the men and women who dedicate their lives in service to our country, the right to vote, and perhaps most predominant – our American flag.


When we pledge allegiance to our American flag, feelings of respect, pride, and duty often resonate. However, do you ever wonder what happens to an American flag that is damaged or tattered and worn and is no longer being displayed?


Pictured left to right are Montgomery County Board of Supervisors Vice Chair Todd King, District D and County Administrator, Craig Meadows.

Thanks to a new U.S. Flag Etiquette Program by the National Association of Counties, the National Flag Foundation, and the National Sheriffs Association, there are two locations in Montgomery County where citizens can properly dispose of any damaged or worn American flags.


One flag disposal box is located in the lobby of the Government Center on Roanoke Street in Christiansburg, and the other is located at the Riner Fire Department on Riner Road in Riner. If you have an American flag that needs to be properly disposed of, please consider placing your folded flag in one of the flag disposal boxes like the one pictured here.


Periodically, Montgomery County will coordinate with Boy Scout Troop 141 and Cub Scout Pack 141 of Christiansburg and the Boy Scout Troop 348 and Cub Scout Pack 348 of Riner to empty the flag disposal boxes and retire the flags properly and respectfully through a flag retirement ceremony that abides by the United States Flag Code.


Currently, Montgomery County is one of 294 counties throughout the United States participating in the U.S. Flag Etiquette Program.


To learn more about the U.S. Flag Etiquette Program visit www.naco.org/articles/disposal-boxes-flags-ready.


###


Virginia’s New River Valley: For those searching for an inspiring place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s 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.

Business Advantages Networking

NRV Among Top Affordable Metros Attracting YPs

/0 Comments/in , , , , , , , /by
NEW RIVER VALLEY, VA- Virginia’s New River Valley (The Blacksburg-Christiansburg-Radford MSA) ranks among the top metros that are attracting young professionals while maintaining an affordable cost of living. According to PEW, the NRV is among 10 metros that are growing almost as quickly as other well-known, attractive cities for young people like Silicon Valley or Austin, TX, but have more affordable costs of living.  

Still Affordable, But Attracting Young Professionals

These metro areas ranked high for affordability, education, and growth in young professionals.
Columbus, INBismarck, ND
Midland, MIMorgantown, WV
Bloomington, ILCedar Rapids, IA
Idaho Falls, IDNew River Valley, VA
Sioux Falls, NDRochester, MN
The data comes from the American Community Survey and was analyzed by Stateline.
Virginia’s New River Valley, has a unique opportunity for young professionals. Our region enjoys the upscale amenities residents might find in larger urban areas (like public transit and fine dining), while maintaining the perks of low-cost living and small-town charm (like low traffic, and access to outdoor recreation).   The presence of Virginia Tech, Radford University, and New River Community College elevate the importance of education in the region and provide excellent amenities in arts and culture and opportunities for young people and businesses alike to interact with the universities and benefit from their services.  
The NRV was also ranked a top destination for college graduates based on eight economic and quality-of-life factors that AIER found to influence migration patterns of college grads ages 22-35 among 260 metro areas, large and small. A few of the factors contributing to the New River Valley’s high ranking included its favorable labor market conditions, affordable housing rents, ability to get around without a car, and density of people with a college degree.
YPs can find plenty of support in the NRV with clubs and networking opportunities such as Up on the Roof, Blacksburg YPs, The Newcomers Club, and more.   Plus, the NRV is home to a myriad of festivals and burgeoning local music scenes that keep up with the times while remembering the roots of SWVA throughout history. For more activities and insight on what it’s like to live in the NRV, check out the Live Here tab!  
###
  Virginia’s New River Valley: For those searching for an inspiring place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s 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.

Roanoke Times: Virginia Tech Food Sensory Lab Helps Researchers Read Emotions

/0 Comments/in , /by

BLACKSBURG, VA– Virginia Tech has a food sensory lab and technology that allows researchers to see and better understand facial expressions, which provide a unique way to study how foods make people feel and how they might perform in the commercial market.

Hear from local leaders like John Provo and Charlie Jewell how the food sensory lab benefits the New River Valley region as whole and why it’s good for economic development in the area in the full Roanoke Times Article.

###

Virginia’s New River Valley: For those searching for a beautiful place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s 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.

Advanced Manufacturing welder

NRV Receives Top Rankings in Virginia in the ‘Best of the Southern Auto Corridor’

/0 Comments/in , , , , /by

NEW RIVER VALLEY, VA– Virginia’s New River Valley is mentioned as some of the best spots in Virginia by Southern Business & Development magazine’s Best of the Southern Auto Corridor list.

In four out of the ten categories, the NRV was mentioned 7 times. Businesses and assets mentioned include: Volvo, Federal Mogul, Corning, VTTI, and NRCC.

The Volvo Trucks assembly plant is located in Dublin, VA in Pulaski County. The plant is Volvo’s largest hub for manufacturing and employs approx. 2,000 people.

The Virginia Tech Transportation Institute has a 2.2 mile Smart Road that can simulate weather like rain, snow, or fog, and is used to advance transportation and autonomous technology.

New River Community College has one of the best programs for automotive worker training. There is even a dedicated staff member at NRCC that works to support Volvo’s training needs.

In general, Virginia is an excellent place to locate a business in the automotive or advanced manufacturing industry. The law structure and central location to South, Northeast, and Midwest markets make it a very strategic location. Specifically, I-81 runs through the heart of the New River Valley and the region in close proximity to interstates 77 and 64 via I-81, making interstate access easy and convenient.

Falling Branch Corporate Park

Montgomery and Pulaski counties were also mentioned as some of the best places for automotive parts suppliers. There are sites in both counties that would make an excellent fit for businesses in the automotive or advanced manufacturing industries. In Montgomery County, the Falling Branch Corporate Park is an excellent option. The park has graded sites ranging from 3 to 16.7 acres and the county recently acquired an additional 124 acres to develop larger sites. Just off I-81 and highway 460, this park is ready for a new tenant.

NRV Commerce Park

Pulaski County also offers the New River Valley Commerce Park, this site is certified by McCallum Sweeney as an American Electric Power (AEP) Quality Site. The park has robust infrastructure and boasts sites up to 120 acres.

SheaDawn Park Rail

SheaDawn Park, a private development in Pulaski County, also boast excellent infrastructure and a rail spur. Twenty-two miles of the Crescent and Heartland rail corridors converge in Virginia’s New River Valley, which is easily accessible at ShaeDawn.

###

Virginia’s New River Valley: For those searching for a beautiful place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s 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 Homecoming Tailgate Wrap Up

/0 Comments/in , /by

Virginia’s New River Valley had a blast tailgating the Virginia Tech homecoming football game. The set up was visited by an estimate of over 2,000 people, plus there were an innumerable amount of impressions of the new NRV brand. Branded materials included the tent, table cover, stickers, t-shirts, spinner wheel, signs, corn hole boards, and more.

The purpose of the tailgate was to increase visibility of the new NRV regional brand and to help attendees understand that the NRV is more than just a college town. Onward NRV sought to specifically reach Virginia Tech alumni who are aware of VT campus, Blacksburg, and the immediate surrounding area and expand their attention to the entire region. We want to connect with alumni so they know more about the broader spectrum lifestyle amenities and business opportunities in an area they already love, and they know who to contact for more information.

The Tailgate was located on Cassell Drive off Beamer Way — the perfect spot to stop by on the way to Lane Stadium. Onward staff and volunteers gave away 500 pom-poms, 450 t-shirts, and tons of candy and NRV stickers. Over 350 people signed up for the New River Raffle after spinning our mini wheel of fortune to win extra NRV goodies like t-shirts, pom-poms, and candy.

Thanks again to all of our volunteers and allies who stopped by to support Virginias New River Valley and the mission of Onward NRV. A special thank you to our partners from Montgomery County, Town of Christiansburg, Floyd County, Giles County, and the Virginia Tech Corporate Research Center. Thank you to Obis One, Spindrift Local Wear, Holiday Inn NRV, The Blacksburg Partnership, and Phoenix Hardwoods.

###

Virginia’s New River Valley: For those searching for a beautiful place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s 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.

Roanoke Times: NRV to Lure Robots to Town as Autonomous Industry Booms

/0 Comments/in , , /by

BLACKSBURG, VA– The NRV begins training part of its focus on the Unmanned Systems industry with a tour of Virginia Tech’s new drone cage and the Smart Road at the Virginia Tech Transportation Institute at the end of a conference hosted by the Ridge and Valley chapter of the Association for Unmanned Vehicle Systems International.

Photos by Matt Gentry, Roanoke Times

Read more from regional leaders like John Provo, director of the Virginia Tech Office of Economic Development; Charlie Jewell, executive director of Onward NRV; and Michael Fleming, CEO of TORC Robotics in the full Roanoke Times article.

###

Virginia’s New River Valley: For those searching for a beautiful place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s 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.

Onward NRV Launches New Website for Virginia’s New River Valley

/0 Comments/in , , , , , /by

 

Onward NRV has officially launched the new website (www.NewRiverValleyVA.org) for Virginia’s New River Valley.


The new site is designed with the river stone branding and reinforces the culture, lifestyle amenities, and business opportunities of the NRV.


The new logo for Virginia’s New River Valley is a stack of river stones that represent the eclectic and intentional small town living of the region. The different, yet complimentary, colors invoke the NRV’s diverse and innovative business community and its collaborative culture.


This acts as the portal to a unique brand that stands out among other communities and economic development organizations. Just like the NRV, the river stones logo and collateral imagery are highly adaptable, and work to spotlight the loyal people and innovative industries of the region.


The new website features updates such as better SEO, interactive maps and sites and buildings database, and email content distribution devices.


The new site is the product of Onward NRV’s strategic planning to increase visibility for Virginia’s New River Valley. Research surrounding regional communities, industries, and lifestyles was conducted to create the content and design of the new website.


The website launch will be announced publicly tonight at the 2017 Onward Annual Investor Dinner.


For more information about Virginia’s New River Valley or Onward NRV, email info@onwardnrv.org.


###


Virginia’s New River Valley: For those searching for a beautiful place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s 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.

Landos Biopharma, Inc. Raises $10 Million in Series A Financing

/0 Comments/in , /by

Landos Biopharma, Inc. Raises

$10 Million in Series A Financing

Blacksburg-based Landos Biopharma receives $10 million in series A financing to advance development of novel therapeutics for patients with autoimmune diseases.
Participating in Gov. McAuliffe’s “Top 3 by 2023”

BLACKSBURG, VA, September 21, 2017 – Landos Biopharma, Inc. announced today it has raised $10 million in a Series A financing led by life sciences investment NYC-based management firm Perceptive Advisors, LLC, which will serve as its exclusive investor for the Series A round. Landos is an emerging biopharmaceutical company focused on the discovery and development of innovative first-in-class, oral therapeutics for patients with autoimmune diseases.

“I congratulate Landos on receiving funding for its promising work,” says Virginia Congressman Morgan Griffith, “which has the potential to bring relief for those suffering from painful autoimmune diseases.”

Landos, founded by serial entrepreneur and innovator Dr. Josep Bassaganya-Riera, is advancing a robust pharmaceutical pipeline for autoimmune diseases toward commercialization and will partner operational efforts with Boston-based Xontogeny, LLC, a life-sciences accelerator that partnered with Perceptive earlier in 2017. Xontogeny partners with companies to support management teams and provide expertise in the early stages of pharmaceutical and biotechnology development.

“We have a committed leadership team with industry experience focused on developing oral treatments that address an unmet clinical need of patients looking for safer, more effective oral therapeutics, and can disrupt the $9.2 billion per year inflammatory bowel disease (IBD) therapeutics market.  But most importantly we believe we can improve the lives of millions of patients living with these diseases,” said Bassaganya-Riera, the Landos Chairman and CEO.

Current therapies for autoimmune diseases, a $100 billion market, have limited efficacy and significant side effects. Landos’ mission is to accelerate the development of safer, more effective therapeutics for painful and debilitating autoimmune diseases including Crohn’s disease and ulcerative colitis.

“I am pleased that Landos Biopharma Inc. has announced it is raising $10 million dollars for the development of a treatment for Crohn’s disease and ulcerative colitis,” said Virginia State Senator John Edwards.  “Landos is an emerging biopharma company focusing on developing oral therapies for auto immune diseases. I have visited their facility at the Corporate Research Center in Blacksburg, and I am delighted at the progress they are making in this field.”

The company Chairman and CEO, Josep Bassaganya-Riera, and his company have been active members of Virginia Bio, which is a statewide group that supports the planning behind the Governor’s 2015 Virginia Bioscience Initiative.  This initiative calls for Virginia to be in the top three pharmaceutical regions by 2023.  Dr. Bassaganya-Riera is also a prominent member of the Blacksburg community and was a featured presenter at the Governor’s Forum on Bio and Big Data in Northern Virginia two years ago.

“I am very excited about the Series A financing for Landos Biopharma, Inc,” said Virginia Delegate Nick L. Rush.  “This additional capital moves them closer to market with their innovative biopharmaceuticals.  These are the types of advancements that will help diversify the New River Valley’s economy.”

The Landos technology has received non-dilutive funding from NIH SBIR/STTR, the Velocity program, and the Virginia Catalyst, with the vision of advancing life sciences throughout Virginia as a means of addressing large unmet medical needs to improve human health.

“Landos is at the cusp of the next frontier in precision medicine and healthcare innovation.  I am excited to see the future work of the Landos team on critical and unmet clinical needs for oral therapeutics for autoimmune disease patients.  Josep, Landos’ Founder, is a world-class innovator and his work in Landos could improve the quality of life for a millions number of individuals across the globe.” Said Virginia Delegate Joseph R. Yost.

For more information about Landos Biopharma, visit www.landosbiopharma.com.

###

Other Resources

National Press Release

FierceBiotech

About Landos Biopharma, Inc.

Landos Biopharma, Inc. is an emerging biopharmaceutical company focused on the discovery and development of first-in-class oral therapeutics for patients with autoimmune diseases. Landos’ lead clinical asset, BT-11, is a novel, locally-acting small molecule targeting inflammatory bowel disease (IBD) that is expected to enter clinical testing for Crohn’s disease in 2018.  Landos also has a robust pipeline of compounds for other autoimmune diseases.  Landos is headquartered in Blacksburg, VA.  For more information, please visit www.landosbiopharma.com or contact info@landosbiopharma.com

 

About Xontogeny, LLC

Based in Boston, MA, Xontogeny seeks to accelerate the development of life science technologies by providing entrepreneurs with the leadership, strategic guidance and

Advanced Manufacturing welder

The Port of Virginia Awards Hubbell Lighting, Inc. and Wolverine Advanced Materials $406,500 in Grant Money

/0 Comments/in , , , /by
Two companies in Montgomery County were awarded a total of $406,500 in grant money by The Port of Virginia Economic and Infrastructure Development Grant Program, which is made to facilitate the growth of the port by putting investment into maritime related business. Hubbell Lighting, Christiansburg, was awarded $315,000 and Wolverine Advanced Materials, Blacksburg, $91,500. The grant is available from 2014-2020 with a maximum for each grant at $500,000 each year, to an annual total of up to $5 million. Hubbell Lighting yellow and black logo Hubbell Lighting, Inc. is one of the largest lighting manufacturers in North America and services commercial, residential, and industrial markets all over the world. Hubbell invested an additional $6.015 million dollars and created 100 new jobs in the New River Valley in 2015 and is consistently a world leader in lighting innovation. New River Valley company, Wolverine red and black logo Wolverine uses the Port of Virginia to export their high-performance materials used in automotive and industrial noise reduction to key markets in China and India. In 2014, Wolverine invested $10.625 million and created 93 new jobs to expand its materials manufacturing operation. This grant program is an excellent opportunity for business in our area and helps exporting businesses continue to invest in our region. For more information about the Port of Virginia’s grant, visit the ED + Infrastructure Grant Program page.The Port of Virginia Ship linked to the Grant Program Webpage