SVP NEWS


Shenandoah Valley Familiarization Tour – November 12 & 13, 2020

Posted on November 18, 2020

In early November 2020, the Shenandoah Valley Partnership (SVP) team hosted the first non-virtual lead generation activity of the fiscal year. Along with our partners at the Virginia Economic Development Partnership, Port of Virginia, and Consultant Connect, we had a successful two days safely showing the Shenandoah Valley economic development assets to site selectors from […]

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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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GO Virginia Approves Grant for Small Business Resiliency Teams

Posted on October 12, 2020

SBDCs launch COVID-19 recovery initiative to promote economic stability, sustainability, and growth. Date: October 12, 2010 SV SBDC Contact: Joyce Krech, (540)568-3227, krechjh@jmu.edu LF SBDC Contact: Christine Kriz, (540)868-7094, ckriz@lfcc.edu The GO Virginia State board has approved an $81,813 grant proposal submitted by a regional partnership between Harrisonburg Economic Development, Frederick County Economic Development, Shenandoah […]

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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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InterChange Group Joins Shenandoah Valley Railroad Ownership

Posted on September 15, 2020

Date: September 15, 2020 The Shenandoah Valley Railroad (SVRR) is pleased to announce that the InterChange Group has joined the operation’s ownership group as a minority partner.  The SVRR is a 22 miles long, privately-owned short line railroad providing service to customers between Staunton, Virginia and the Pleasant Valley area just south of Harrisonburg, Virginia.  […]

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Feasibility Study for a shared-use Agricultural Enterprise Center in the Shenandoah Valley Begins

Posted on September 2, 2020

Date: September 2, 2020 CSPDC Contact: Rachel Salatin, rachel@cspdc.org or 540-885-5174 ext. 107 Elizabeth McCarty, elizabeth@cspdc.org or 540-885-5174 ext. 108 The Agricultural Enterprise Center Feasibility Study will determine if a certified, commercial, shared-use facility in the central Shenandoah Valley is possible, practical and viable. If brought to fruition, this multi-use facility is expected to support […]

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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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