SVP NEWS


Cadence Adds Class 8 (100,000) Cleanroom at Virginia Headquarters

Posted on October 27, 2020

Staunton, VA (October 26, 2020) — Cadence, Inc. announced today the addition of an International Organization for Standardization (ISO) Class 8 (100,000) cleanroom at its headquarters, located in Staunton, Virginia.  Responding quickly to growing customer demand, the new certified cleanroom will be used for development and manufacturing of novel medical devices. “We are excited about […]

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Case Study – Three Virginia Locations Serve Speyside Bourbon Cooperage

Posted on October 27, 2020

Case Study by: Virginia Economic Development Partnership Speyside Bourbon Cooperage, Inc. is an offspring of Speyside Cooperage Ltd., founded in Scotland in 1947. In 2008 Speyside Cooperage was sold to the Tonnellerie François Frères Group, a global cooperage company founded in 1906 and headquartered in Saint Romain, France. As of 2015, the company maintained two cooperages in […]

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Case Study – The Hershey Company Produces Sweet Success in Virginia

Posted on October 27, 2020

Case Study by: Virginia Economic Development Partnership The Hershey Company is North America’s leading chocolate producer and a global snacks company. In 2019, the company celebrated the 125th anniversary of producing its iconic brands, including Hershey’s, Reese’s, Kit Kat, Jolly Rancher, Ice Breakers, SkinnyPop, and Pirate’s Booty. Hershey established Hershey Chocolate of Virginia, Inc. in Augusta County in 1980. The Stuarts Draft plant […]

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SVP Virtual Fall Economic Development Forum

Posted on October 19, 2020

On October 13, 2020, investors and partners joined Team SVP for a virtual event streamed live from The Highland Center to: Hear from Highland County community leaders and partners on programs that accelerate the development of small businesses and non-profits; tourism-focused initiatives; and efforts to attract both visitors and residents; Learn about efforts to expand […]

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InterChange Takes Ownership Stake In Shenandoah Valley Railroad

Posted on September 17, 2020

Date: September 16 Article by Ian Munro, Daily News-Record For original article, click here. Mount Crawford-based logistics, transportation and development firm InterChange Group became part owner of the Shenandoah Valley Railroad last week, according to Lance Arey, the general manager of the railway firm. Arey said InterChange Group’s addition to the railroad partnership will “definitely […]

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VIRTEX Announces Expansion: New Product Line in Waynesboro will add up to 50 Jobs

Posted on September 1, 2020

FOR IMMEDIATE RELEASE DATE:  September 1, 2020 CONTACT NAME: Greg Hitchin PHONE: 540-942-6779 EMAIL: HitchinGE@ci.waynesboro.va.us VIRTEX and the City of Waynesboro announce the creation of 40-50 new manufacturing jobs in the City.  VIRTEX, an Electronics Manufacturing Service (EMS) Provider with facilities in the US and Mexico, is adding a new product line to its Waynesboro […]

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A Shenandoah Valley Regional AirportTraveler Story for National Aviation Day

Posted on August 20, 2020

Date: August 19, 2020 Greetings Valley Travelers, Happy National Aviation Day! Today marks a nationwide celebration of the history and development of aviation started by President Franklin Roosevelt in 1939. For those history buffs among us, August 19th also coincides with the birthday of Orville Wright. The Wright brothers are credited with inventing, building, and […]

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SVP Virtual Annual Meeting

Posted on July 22, 2020

On July 21, 2020, investors and partners joined Team SVP for a virtual event streamed live from Pale Fire Brewing in downtown Harrisonburg to: Hear from Tim Brady, Founder and General Manager of Pale Fire Brewing, on his quick and collaborative effort to create Pale Fire Helps – a popup food bank supporting local restaurant […]

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COVID-19 Resources – A Message from SVP

Posted on March 18, 2020

COVID-19 RESOURCES – A Message from SVP Please click here to visit our COVID-19 Business Resources web page that is routinely updated with important information for your business. Check frequently for updates. https://theshenandoahvalley.com/covid-19-resources/  March 18, 2020 SVP Investors & Partners, The proverb about living in interesting times keeps resounding in my mind. I have the greatest […]

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Rebekah Castle Named as Director of Economic Development and Marketing

Posted on February 28, 2020

Date: February 28, 2020 The County of Augusta is proud to announce the promotion of Rebekah Castle to Director of Economic Development and Marketing. Castle brings 14 years of economic development experience to the role having served as the department’s Marketing Coordinator for more than six years. She specialized in marketing initiatives for economic development […]

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