Business Insights & Resources

BWXT Announces Strategic Acquisition of Sotera Health’s Nordion Medical Isotope Business

Posted by Lynchburg EDA on May 30, 2018 7:58:36 AM

Lynchburg-based BWX Technologies, Inc. (BWXT) recently announced that it has signed a definitive agreement to acquire Sotera Health’s Nordion medical isotope business. This acquisition accelerates and de-risks BWXT’s entrance into the medical radioisotope market. It will add licensed infrastructure, approximately 150 highly trained and experienced personnel and two production centers to BWXT.

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Topics: Development, Business Attraction, Business

The 3 Essential Resources You Need to Grow Your Business in Lynchburg

Posted by Office of Economic Development on Feb 22, 2018 9:38:44 AM

Whether you’re a small company or a large-scale corporation, there are always new opportunities to grow your business in Lynchburg. Our community is rapidly growing, which creates new needs for development. If you are planning on expanding your business soon, then you are choosing the right time in a great city! Here are 3 essential resources and tools you need to get started.

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Topics: Business

What Every Entrepreneur Should Know Before Starting a Business in Lynchburg

Posted by Lynchburg EDA on Feb 6, 2018 12:54:44 PM

Lynchburg is the city of opportunity. We welcome anyone who wishes to start a business, and aim to provide them with the resources necessary to be successful. However, starting a business can be exhilarating and terrifying at the same time. If you are looking to start a business in Lynchburg, read below to learn how to get started.

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Topics: Entrepreneurship, Business

Want to Start a Business in Lynchburg? Hear From Some of our Leading Entrepreneurs.

Posted by Lynchburg EDA on Jul 26, 2017 10:49:00 AM

Lynchburg’s expanding businesses are making a big impact in Central Virginia. Lynchburg has over 3,100 businesses that boast a combined $2 billion in annual sales from a quarter of a million local and visiting consumers. Additionally, nationally acclaimed businesses such as Pacific Life, Genworth, and Frito Lay, all have sizable local branches that operate here. With this growing commerce, many of our forward-thinking residents, now successful entrepreneurs, are contributing to the regional marketplace. Read below to learn from our profitable local business owners and their stories of success as well as their advice for future entrepreneurs.

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Topics: Business

Launchpad Roundup

Posted by Lynchburg EDA on Nov 23, 2016 4:00:00 PM

“Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.” - Mark Twain

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Topics: Business

Lynchburg's #1 Resource for Business

Posted by Lynchburg EDA on Nov 18, 2016 3:00:00 PM

It has been 259 years since Lynchburg’s founder and namesake, John Lynch, started a ferry service crossing the James River at the age of 17. A lot has changed in the city since then, but opportunity and entrepreneurship have remained at Lynchburg’s core.

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Topics: Business

Solar Success: How One Lynchburg Business Went Green

Posted by Lynchburg EDA on Nov 14, 2016 3:00:00 PM

BMS Direct in Lynchburg, Virginia has been built on progressive technology and state-of-the-art equipment since its beginning. Therefore, you might expect that the organization has adopted solar power into its facility. However, BMS actually supplemented 45% of its total energy usage with renewable energy technologies. In less than three months since installing a solar system, BMS has generated 83,000 kilowatt hours of energy with the system.

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Topics: Business