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Appalachian Power files application for $25M project in the New River Valley
Appalachain Power has filed
an application with the state to build a new $25 million electric line to serve Montgomery County, Blacksburg and Christiansburg.
The line would reinforce the electric grid and prevent potential overload conditions in the New...Tags: Appalachian Power Company, Montgomery County (Virginia), Blacksburg, Economy, Business and Finance, Companies and Corporations
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Fire officials, gas companies remind propane customers of safety
ReporterA gas leak at a Danville tobacco storage warehouse was a scare employees never saw coming. "Our hose that we use to fill the forklifts had ruptured and there was a gas spill," said Richard Wells. Last Thursday worn out hose connected to a 1,000 gallon...Tags: Rubber Products Industry, Economy, Business and Finance, Companies and Corporations
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Employment numbers are back to pre-recession levels in the NRV
ReporterIt looks like the economy is back on track in part of southwest Virginia. Fewer people are unemployed and a record number of jobs are being created in the New River Valley. It was less than a year ago that government officials cheered as a ribbon was...Tags: Employment, Blacksburg, Employment Opportunities, Economy, Business and Finance, Companies and Corporations
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Advance Auto Parts to bring 75 new jobs to Roanoke; Company adds financial center
Advance Auto Parts will be adding 75 new jobs over the next three years as it opens a financial services customer care center to its corporate headquarters in Roanoke. The announcement came at a news conference this morning.
The company plans...Tags: Manufacturing and Engineering, Manufacturing and Engineering, Financial and Business Services, Automotive Equipment, Companies and Corporations
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Carilion adds third helicopter; Lifeguard 12 will be based in Lexington
Carilion Clinic announced that it will add a third medical transport helicopter to its Lifeguard fleet. This one will be based in Lexington. Carilion already operates two other medical helicopters - one in Roanoke and the other in the New River...Tags: Stonewall Jackson, Bath County, Alleghany County (Virginia), Volleyball, Pittsylvania County
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Old company takes on new philosophy
reporterA national company is incorporating the golden rule into its day to day business. This year, the retailer turns 110-years old. And, starting Monday it's rolling out what it calls "Fair and Square" pricing. Instead of the coupons customers used to...Tags: Target, Economy, Business and Finance, Prices, Companies and Corporations, Religion and Belief
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60 new jobs coming to Lynchburg's Tessy Plastics
A Lynchburg company is expanding adding 60 new jobs to the city.
Tessy Plastics is spending $4.8 million to expand its facility at the Lynchpin Industrial Center.
Tessy serves the medical disposables market with custom injection molding products.
The...Tags: Manufacturing and Engineering, Manufacturing and Engineering, Companies and Corporations, Lynchburg (Lynchburg, Virginia), Instrument Engineering
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Vaughan-Bassett Furniture opening new factory in Galax, adding new jobs
Vaughan-Bassett Furniture announced Thursday that it's opening a new factory in Galax.
The factory is expected to open in March.
Vaughan-Bassett is buying the old Webb #1 bedroom plant, which is adjacent to Vaughan-Bassett's main factory on Railroad...Tags: Diane Sawyer , Employment Opportunities, Companies and Corporations, Career and Workplace, Furnishings and Furniture Industry
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RTI International delays 150 jobs coming to Henry County
Reporter150 jobs a Henry County plant promised this year are on hold. The company CEO says an indecisive congressional super-committee and automatic budget cuts are to blame. Last fall RTI International finished construction on a plant in Henry County. Congress...Tags: Economy, Business and Finance, Companies and Corporations
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Furniture company announces expansion and growth in manufacturing
ReporterA major employer in southwest Virginia is expanding, and many people are pointing to this as another sign that American manufacturing jobs might be rebounding. The Vaughan-Bassett Furniture factory in Galax is running at full capacity. But it's 700...Tags: Warren Buffett, Galax (Galax, Virginia), Economy, Business and Finance, Companies and Corporations, Housing Industry
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Nascar team owners push better business relationships with sponsors in tough economy
NEWS7 Sports DirectorSponsorship money is the lifeblood of Nascar racing. But the sagging economic situation nationwide has caused some companies to re-think spending their money on race cars. Team owners are working hard to maintain business relationships to stay...Tags: FedEx Corporation, Economy, Business and Finance, The Home Depot, Companies and Corporations, Tony Stewart
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Natural gas prices slowly dip over time
News 7 Anchor/ReporterSome are cranking up the heat because of low natural gas prices. According to Roanoke Gas, this is not a sudden decrease. Most homes have a hookup to get Roanoke Gas and they've seen a 40 percent decrease. Roger Holden's natural gas bill is down....Tags: Environmental Issues, Economy, Business and Finance, Petroleum Industry, Companies and Corporations, Natural Resources
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