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businessAugust 2009 ArchivesAugust 29, 2009FRONT ROYAL -- The Front Royal-Warren County Economic Development Authority has endorsed changes to requirements for the downtown technology zone in an effort to attract business.August 26, 2009WINCHESTER -- Cabinet maker American Woodmark posted a $6.4 million loss for its fiscal first quarter ended July 31, citing weak sales and restructuring charges from the closing of two of its plants and the idling of a third facility earlier this year.Openings Edward Jones financial adviser Lora Cooper Loving held a grand opening Aug. 15 for the firm's new Mt. Jackson office at 5421 Main St., Suite 100. Call 477-2800. Carroll "Beau" Correll Jr. has opened the Correll Law Firm at 10 W. Boscawen St., Suite... August 22, 2009WINCHESTER -- Its future remains up in the air, but work to begin stabilizing the old Taylor Hotel should get under way next week.TayWOODSTOCK -- First Bank will operate three branches in town following its planned acquisition of the StellarOne office on West Reservoir Road. FRONT ROYAL -- The 16th annual Tradefest will be held Sept. 9 at the Holiday Inn & Suites at 111 Hospitality Drive. August 19, 2009FRONT ROYAL -- About half of the Virginia Inland Port's work force was laid off earlier this month due to declining cargo volume across the Port of Virginia system.WINCHESTER -- The Virginia Employment Commission will host a job fair Aug. 26 from 10 a.m. to 3 p.m. at The Sportsplex at 221 Commonwealth Court. August 15, 2009WOODSTOCK -- The new Hampton Inn & Suites off Interstate 81 and Va. 42 is scheduled to open in late September.WINCHESTER -- The local job market lost 2,500 jobs in the 12 months ended in June, according to a Virginia Employment Commission report. August 12, 2009Openings Molly Sprocket Antiques has moved from Leesburg to Stephens City. Established almost 17 years ago as a family business, the shop features furniture from the 1700s to the 1940s. Each piece is displayed in a home-like setting and accessorized with glassware, books, lamps, pictures,...August 8, 2009FRONT ROYAL -- James Madison University will open a distance learning center inside the Royal Phoenix administration building in the coming months, the local Economic Development Authority announced this week.WINCHESTER -- Social networking could draw new businesses and help the local economy. August 5, 2009Soured real estate loans continue to weigh on local banks' balance sheets. Summit Financial Group, the holding company for Winchester-based Summit Community Bank, reported a loss of $3.5 million, or 46 cents a share, for the April-June quarter after writing off $13.8 million in bad loans, mostly in construction and development.August 1, 2009WINCHESTER -- The federal government likes "them apples" enough to send stimulus money to a local manufacturing plant. WINCHESTER -- Trex said late Friday it has settled a class-action lawsuit filed in California by a group who claimed the composite decking manufacturer's products were defective. EDINBURG -- Shentel posted an 11 percent jump in revenue in the second quarter, but its earnings fell due to costs associated with its new cable TV operations and expansion of its wireless and fiber optic networks. |
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