Lynchburg Business Insider Blog

Office of Economic Development

Recent Posts

Governor Northam Announces Framatome Inc. to Relocate Corporate Headquarters to City of Lynchburg

Posted by Office of Economic Development on Apr 4, 2018 12:07:12 PM

~ Major international player in the nuclear energy market moves from North Carolina to Virginia ~

Governor Ralph Northam today announced that Framatome, a designer and supplier of nuclear steam supply system and nuclear equipment, services, and fuel for high levels of safety and performance, will relocate its North American corporate headquarters from Charlotte, North Carolina, to the City of Lynchburg. In January 2018, AREVA NP was officially rebranded as Framatome, and is known as Framatome Inc. in North America. The company has 1,300 employees in Lynchburg, 2,300 employees in North America, and 14,000 employees globally.

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Topics: Business Retention, Business Attraction, News & Events, Business

Governor Northam Announces 34 New Jobs in the City of Lynchburg

Posted by Office of Economic Development on Mar 20, 2018 12:19:10 PM

Governor Ralph Northam today announced that Tessy Plastics, a premier molder of custom injection molded plastic components, will invest $9.2 million to expand its manufacturing operation to accommodate a new product line in the City of Lynchburg. Virginia successfully competed against New York for the project, which will create 34 new jobs.

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Topics: Business Retention, News & Events, Enterprise Zone, Business

State of the City Address and Mayor's Awards on February 26

Posted by Office of Economic Development on Feb 16, 2018 10:50:10 AM

On Monday, February 26 at 7:00 p.m. in the City Council Chamber, City Hall, 900 Church Street, Mayor Joan Foster and Vice Mayor Treney Tweedy will deliver the 2018 State of the City Address. The public is cordially invited to attend.

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Topics: Business Retention, News & Events, Education, Business

Facebook and the National Endowment for the Arts will present sessions at the 2018 Create Lynchburg Conference, February 24

Posted by Office of Economic Development on Feb 8, 2018 11:20:48 AM

The City of Lynchburg Office of Economic Development & Tourism, the Small Business Development Center, and the Academy Center of the Arts host the second annual Create Lynchburg Conference on Saturday, February 24, 2018. The conference is for Lynchburg’s community of artists and creatives. The goal of the conference is to support area arts & entrepreneurship, equipping artists and organizations with the tools, resources, and connections to be successful in business and have a positive economic development impact in the greater Lynchburg community.

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Topics: News & Events, Arts and Culture, Entrepreneurship, Downtown, Talent Development, Tourism, Launched in Lynchburg

Next Deadline for James River Arts & Cultural District Grants | December 1

Posted by Office of Economic Development on Nov 2, 2017 10:00:00 AM

The next deadline for applications to the James River Arts & Cultural District Program is December 1, 2017. The City of Lynchburg's Arts & Cultural District Program is intended to attract citizens, organizations and partnerships that wish to create and implement projects within the District to benefit the welfare of the citizens of and visitors to Lynchburg. Grant projects may include events, activities, capital investments, promotions, improvements, or displays that serve to further arts and culture in the District. 

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Topics: Arts and Culture, Entrepreneurship, Business

City of Lynchburg accepts two International Economic Development Awards

Posted by Office of Economic Development on Sep 20, 2017 10:42:58 AM

On Tuesday, the International Economic Development Council (IEDC) awarded the City of Lynchburg two Excellence in Economic Development Bronze Awards for promotional projects:  Lynchburg Innovation Week and “This is Lynchburg: Welcome Home” video. IEDC’s prestigious awards program recognizes the world’s best economic development marketing materials, programs and partnerships, honoring organizations and individuals for their efforts in creating positive change in urban, suburban and rural communities. Lynchburg was awarded in the population category ranging from 25,000 to 200,000.

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Topics: Entrepreneurship, co.starters, Talent Development, Launched in Lynchburg

City of Lynchburg Releases 2017 Economic Development Annual Report

Posted by Office of Economic Development on Aug 9, 2017 6:00:00 PM

On behalf of the Economic Development Authority of the City of Lynchburg and the Office of Economic Development and Tourism, we are proud to share the Fiscal Year 2017 Opportunity Lynchburg Annual Report with you. At the City of Lynchburg, we take a multi-faceted approach to economic development, believing that the best results come from investing in people and place. 

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Topics: Business Attraction, Arts and Culture, Brownfields, Entrepreneurship, Enterprise Zone, Annual Report

City of Lynchburg Launches Downtown Master Plan Update

Posted by Office of Economic Development on Aug 3, 2017 10:55:16 AM

This fall, the City of Lynchburg will embark on an update to the Downtown/Riverfront Master Plan to address the future growth and development of downtown. This plan will build upon the previous Downtown Plans developed in 2000 (Lynchburg Downtown and Riverfront Master Plan) and in 2006 (Riverfront Implementation Plan). Downtown Lynchburg Association is a partner in this special planning project.

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Topics: Business Retention, Redevelopment, Arts and Culture, Entrepreneurship, Downtown, transportation, Enterprise Zone, Tourism

City of Lynchburg Releases Tourism Annual Report

Posted by Office of Economic Development on Jul 27, 2017 3:53:23 PM

On Wednesday, the Office of Economic Development and Tourism released its Fiscal Year 2017 Annual Report. Our office takes great pride in driving economic growth for Lynchburg by effectively marketing the City as a preferred visitor destination for conventions, meetings, sporting events, group tours and leisure travelers. 

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Topics: Tourism, Annual Report

Lynchburg Arts Generates $10.8 Million in Economic Activity and Supports 251 Jobs Annually

Posted by Office of Economic Development on Jul 24, 2017 8:00:00 AM

The nonprofit arts and culture industry generates more than $10.8 million in annual economic activity in the City of Lynchburg—supporting 251 full-time equivalent jobs and generating $962,000 in local and state government revenues, according to the Arts & Economic Prosperity 5 national economic impact study.

The most comprehensive economic impact study of the nonprofit arts and culture industry ever conducted in the United States, Arts & Economic Prosperity 5 was conducted by Americans for the Arts, the nation’s leading nonprofit organization for advancing the arts and arts education.

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Topics: Business Attraction, News & Events, Arts and Culture, Entrepreneurship