Lynchburg Business Insider Blog

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

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

Office of Economic Development Releases Annual Report

Posted by Office of Economic Development on Oct 30, 2016 9:21:39 AM

Last year was a positive year for the City of Lynchburg's economy. The City's economic investments resulted in new opportunities for entrepreneurs and big businesses, a renewed Enterprise Zone, and several other notable accomplishments in Lynchburg, Virginia. 

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Topics: Development, Business Retention, Business Attraction, TechHire, Redevelopment, Entrepreneurship, Enterprise Zone, Annual Report, Business