FOR IMMEDIATE RELEASE 
December 30, 2014

Montgomery County, Virginia
Economic Development Department

 
 

Montgomery County, Virginia – As this year winds down to a close, it is a great opportunity to look back at 2014. We have compiled a list of the Top 10 most-read YesMontgomeryVA.org stories of 2014. The rankings are based on the number of times each story was viewed on YesMontgomeryVA.org. In all, the Top 10 stories were viewed over 9,200 times from 45 different countries around the world. Enjoy!

Wolverine Advanced Materials invests $10.6 million, creates 93 jobs

November 7, 2014 - Governor Terry McAuliffe announced today that Wolverine Advanced Materials (Wolverine) will invest $10.625 million to expand its specialty rubber coated materials manufacturing operation in Montgomery County. The company produces high-performance materials used in automotive and industrial noise reduction for brake and sealing applications. Virginia successfully competed against China, Florida and Illinois for the project, which will create 93 new jobs. READ MORE

Business parks booming with growth and opportunity

August 6, 2014 - The business parks in Montgomery County are booming with growth and opportunity. Home of Virginia Tech and the towns of Blacksburg and Christiansburg, the county has had a number of recent expansions in Falling Branch Corporate Park, the Virginia Tech Corporate Research Center, and Blacksburg Industrial Park. READ MORE

TORC Robotics announces new headquarters and R&D facility

April 30, 2014 - TORC Robotics, LLC (TORC®), a leader in robotic autonomous vehicle solutions, today announced it will expand its corporate headquarters in Montgomery County. The company, currently located in the Virginia Tech Corporate Research Center, will be expanding into a new $2.5 million research and development facility in Phase V of Blacksburg Industrial Park. TORC anticipates creating eight new jobs through the expansion. READ MORE

Blacksburg metro area ranked No. 7 Most Secure Small City

January 21, 2014 – The Blacksburg-Christiansburg-Radford metropolitan statistical area is one of the safest places to live in America, according to Farmers Insurance. The Los Angeles-based insurance company recently ranked the area No. 7 on its list of the Top 20 Most Secure Small Cities of 2013. READ MORE

Blacksburg startups raise over $4.1 million

Montgomery County, Virginia – Over the past two months four local startups have secured $4.1 million of angel and venture financing. The startups – Fitnet, Heyo, LawnStarter and VirtualU – are located in Blacksburg and will use the funding to continue to scale their businesses. Valleys’ Ventures, LP - a regional venture capital fund that includes the Roanoke and New River valleys – was a major investor in two of the startups. - See more at: http://www.yesmontgomeryva.org/Blacksburg-startups-raise-over-4-million-dollars#sthash.sxzYyC0S.dpuf

May 21, 2014 – Over the past two months four local startups have secured $4.1 million of angel and venture financing. The startups – Fitnet, Heyo, LawnStarter and VirtualU – are located in Blacksburg and will use the funding to continue to scale their businesses. Valleys’ Ventures, LP - a regional venture capital fund that includes the Roanoke and New River valleys. READ MORE

Forbes ranks Blacksburg among top 25 best places to retire

January 31, 2014 - Forbes magazine has picked Blacksburg as one of the 25 best places in the country to retire in 2014. The business publication noted several attributes that make Blacksburg an attractive place, including its strong economy, cost of living, average home price, mild climate, low crime and being a college town. READ MORE

InMotion invests $5 million to establish first U.S. manufacturing

October 7, 2014 - InMotion, a leading manufacturer of electric motors and drives for electric and hybrid vehicles, today announced it will invest over $5 million to establish its first U.S. manufacturing operations in Montgomery County. The company, a subsidiary of Italy-based Zapi S.p.A., will locate in the Technology Manufacturing Building in Blacksburg. InMotion anticipates growing to 80 employees in Montgomery County over the next three years. READ MORE

Blacksburg ranked No. 5 Best College Town to Live In

March 17, 2014 - Blacksburg has been ranked the No. 5 Best College Town in America to Live In by Movoto Real Estate. The San Mateo, CA. based real estate website compiled the top 10 list to determine the most desirable college towns in America to live in, citing that “colleges and universities bring a level of culture to an area, a level of excitement that’s attractive to many people.” Of the 167 locations evaluated by Movoto, Blacksburg received high marks for being one of the safest places on the list as well as its short commute time. READ MORE

Blacksburg ranked No. 4 happiest small place in America

September 11, 2014 - Blacksburg has a reason to smile. Movoto Real Estate, a California based real estate website, recently included it on its list of the Top 10 Happiest Small Places in America. Among 391 communities evaluated, Blacksburg ranked No. 4 nationally and was the highest ranking place in Virginia. READ MORE

Christiansburg ranked No. 2 Best Place to Live in Virginia

August 25, 2014 - Christiansburg is the No. 2 best place to live in Virginia, according to California-based credit card analysis website CreditDonkey. Christiansburg outranked several heavy hitters from Northern Virginia, Richmond and Hampton Roads on the Top 10 list, but was edged out by nearby Salem for the No. 1 spot. READ MORE

About Us

Montgomery County, Virginia - home of Virginia Tech and the towns of Blacksburg and Christiansburg - is a progressive, technology-driven community with an abundance of outdoor amenities. The Montgomery County Economic Development Department actively supports the startup, retention and expansion of companies in Montgomery County as well as the recruitment of new businesses to the community.  To learn more, visit www.YesMontgomeryVA.org.

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