With the Community Development Authority (CDA) bond restructuring closed, Winding Brook, a 123-acre commercial development in Hanover, is now poised for a resurgence of investment and commercial development. The Lewistown Commerce Center CDA has successfully completed the restructuring of $36.7 million in defaulted infrastructure bonds. The workout transaction, which was completed this week, reduces the assessment bond debt on the project acreage… View Article
For the fastest Internet service in the United States, look no further than Virginia. With an average of 13.7 megabits per second, Virginia holds the top spot for the top speed in Internet access, according to a report from Broadview Networks. “High-speed broadband connectivity is essential for economic growth. It is a vital component for business expansions, home-based businesses and start-up ventures,”… View Article
We value the opinion of all businesses located within Hanover County. We want all Hanover businesses to give us their feedback so we can work together to foster a business-friendly environment here. To this end, all businesses within Hanover County (that have an address registered with the Virginia Employment Commission) have been mailed a postcard requesting their participation in an on-line business… View Article
Looking for new customers? Mark Your Calendar for June 12. Did you know that 95% of the world's customers live outside the US? Did you know that 80% of the world’s purchasing power and 95% of its consumers live outside the United States? Or that 98% of all US exporters are small and medium-sized businesses? Now is the time to learn… View Article
Scott K. Brown, a Hanover County entrepreneur, recently completed construction of a state-of-the-art, 6,000 square-foot building to house Pixel Factory Data Center Inc., a member of the Pixel Factory family of businesses. The new data center is located near the Hanover Industrial Air Park and will have a combined investment of over several million dollars for both the building and equipment. “It’s… View Article
Supervalu Inc. (NYSE: SVU), one of Hanover’s largest employers, announced plans for a streamlined independent business organization that will consolidate nationally three regions to two in order to reduce operating costs. The new East Region for SuperValu will continue to operate from their current location in Hanover County, VA, and the West Region will be located in Hopkins, MN. Supervalu Inc. is… View Article
