OFFICE OF ECONOMIC DEVELOPMENT
Volume 1, Issue 3
G oodyear a nn oun c es major By Liz Sater
m od er ni zati on in Da nvill e Economic Development Staff:
ville’s commitment to partnering with Good-
Jeremy Stratton, Director
year in its quest to become a world-class
Jeff Reed, Assistant Director
‘Center of Manufacturing Excellence,’" said Melissa Breaux, Project Manager
Jerry Gwaltney, former City Manager for Anne Moore-Sparks, Project Manager
Danville. “ An announcement of this magni- Jamie Parsons, Special Projects Assistant
tude demonstrates that manufacturing is alive Liz Sater, Econ. Dev. Project Co-ord.
and well in Southern Virginia and Danville is Corrie Teague, Intern
at its epicenter."
Headquartered in Akron, Ohio, Goodyear is Inside this issue:
one of the world’s largest tire companies.
Fortune magazine named Goodyear the Business Announcements 2
World’s Most Admired Motor Vehicle Parts Lynn Street Emerging 3
Company in its 2008 list of the World’s Most
Admired Companies. The publication ranked Swedwood Grand Opening 4
Goodyear No. 1 in innovation, people man- NBIA Awards for Danville 4
agement, use of assets and global orientation. Land Use Project 4
The company is also listed on Forbes maga-
zine’s list of the Most Trustworthy Compa-
Goodyear Danville Plant Manager, Terry Tennyson speaks nies in America and CRO magazine’s rank- The World Takes Notice
at the announcement ceremony.
ing of the 100 Best Corporate Citizens. The remarkable progress be-
Goodyear employs about 70,000 people and ing made in the economic re-
manufactures its products in more than 60 invention of our community
Governor Timothy M. Kaine was in Danville on
facilities in 25 countries around the world. thanks to the partnerships be-
June 27, 2008 for a special announcement.
The Virginia Economic Development Part- tween the City and County
Goodyear Tire & Rubber Company, a major
nership worked with the City of Danville to governments has garnered a
employer in Danville for over 40 years, an-
secure the project for Virginia. Governor great deal of media attention.
nounced that they are planning to invest $200
Kaine approved $3 million in performance- The Washington Post featured
million over the next several years to modernize
based grants from the Virginia Investment our area in a front-page article
the world’s largest aircraft tire and medium ra-
Partnership (VIP) program, an incentive last month. That article was
dial truck tire manufacturing plant located here.
available to existing Virginia companies. The picked up by the Times Colo-
Since opening in 1966, Goodyear has undergone
Virginia Tobacco Indemnification and Com- nist in Victoria, British Colum-
19 expansions, to become the city’s largest and
munity Revitalization Commission approved bia. Other pieces have ap-
highest paying employer. Currently, the com-
$1.1 million in Tobacco Region Opportunity peared in the Richmond Times
pany employs 2,200 people.
Funds and $500,000 from the Special Pro- Dispatch and Roanoke Times.
"This investment demonstrates the City of Dan-
jects Committee for the project. Even Al Jazeera television
reporters have been to Danville
“This project not only represents the confidence we have in our Danville plant to research a story about how,
to continue to perform at the highest levels,” said Goodyear’s Richard J. in an age where many commu-
Kramer, President, North American Tire, “this investment represents the faith nities are losing employment to
we have in our Danville employees and the support we have enjoyed from the foreign industries, Danville is
Commonwealth and the City of Danville.” drawing foreign investment.
C BN Sec ur e tec hnologi es, In c. c omi ng to
c yb er pa rk
Another international company will be moving to Danville/ Ian Shaw, president of CBN Secure Technologies, said, “We
Pittsylvania County when Canadian Bank Note (CBN) Secure are proud to have been selected to deliver to Virginians the
Technologies, Inc. locates a facility at the Cyberpark. most secure and trusted driver’s licenses and identification
The parent company, Canadian Bank Note Company, Ltd., cards in the nation. We are particularly pleased to be locating
is headquartered in Ottawa, Ontario. They own our secure operations center in the dynamic city of
other highly secure facilities containing techno- Danville and we look forward to being a strong
logically advanced, specialized manufacturing contributing member of the community for many
equipment for the printing of secure documents years to come.”
such as banknotes and passports. Beginning next year, the process of obtaining a
The 9,000 square foot Virginia facility, which Virginia Driver’s license or ID card will be similar
is already under construction, will be producing to the U. S. passport process. All DMV issued
Virginia Driver’s Licenses. The firm will em- credentials will be centrally produced in the secure
ploy 15—20 people initially starting in 2009, but Danville location and then mailed to customers at
the facility is designed to accommodate future their home addresses. Virginians will continue to
expansions and officials predict that more jobs will be located apply for licenses and ID cards at DMV locations throughout
here. the state. Applicants will receive temporary forms until the
new secure card is produced and mailed.
Packaging moving to
Infinity Global Packaging, a one stop luxury retail and spe-
cialty goods packaging company has announced plans to lo-
cate their global headquarters and two ancillary companies to
the Tobacco Warehouse District by mid-summer 2008, be-
coming the third major employer to locate in the district. In-
finity currently employs 38 people worldwide, 24 of whom
work from offices located on Trade Street in Danville.
Home depot opens
Infinity specializes in global sourcing and logistics to create Danville’s newest retail store, The Home Depot opened June
a unique customer experience for clients such as Armani, 27, 2008, the first business in the 500,000 square foot Coleman
Bloomingdales, Ralph Lauren and others. Marketplace complex to open its doors. Store Manager Greg-
“This project was a collaboration between the City of Dan- ory Fitzz could not be more pleased with the reception they
ville’s Office of Economic Development and the Industrial have received here. They have hired some 100 full and part
Development Authority,” said Danville’s Economic Develop- time employees and are expecting to add to that number as
ment Director, Jeremy Stratton. “We are all very excited business picks up. “We are very pleased at the response and
about Infinity locating its headquarters in the Tobacco Ware- look forward to growing this business in Danville,” Fitzz re-
house District and see this announcement as a catalyst for ported.
further development in this district.”
The company has offices in Danville, Richmond, New as well as six distribution centers all over the world. They
York, San Francisco, Seoul, Hong Kong and the Netherlands, have experienced enormous growth in the past year. CEO Ron
Palmer, a graduate of Averett University is committed to his
“The decision to locate the back office support of our global hometown and sees the investment in the former Carrington
operation in Danville has proven to be a very good decision. Conference Center on Bridge Street as one way of giving back
The combination of local and relocated talent has resulted in to the community. Renovations have begun on the historic
a very professional and effective staff and the support from building formerly occupied by Dimon Tobacco Co.
the city has been the motivation to continue to grow our or- Infinity joins Luna Nanoworks and Horizontech in bringing
ganization in Danville.” new jobs and investment into the historic Tobacco Warehouse
Ron Palmer, Infinity Global Packaging CEO District.
VOLUME 1, ISSUE 3 PAGE 3
Look what’ s h a ppen in g on Lynn street
Riverwalk equipment & Supply restaurant and kitchen supplies. Glassware, tables, chairs and
wine buckets are available. Special orders can be made for items
not in stock. Eventually, Jean will have such things as punch
Jean Williams was looking for something to fill her days as her
bowls, columns, candelabras and other reception type equipment
four children began to leave the nest. When she and her hus-
band, Danny, purchased a restaurant supply business at 321
Jean likes the pace in the downtown location and enjoys watch-
Lynn Street, it was a little more than she really wanted to deal
ing the re-emergence of the district. Though she often coordi-
with. The couple auctioned the equipment, reconfigured the
nates store hours with the owner of Furniture World, right across
building, and re-opened as a party and catering supply store.
the street, usual hours of operation are Tues—Fri, 10 -5, Sat. 9 -
The space is light, fun and the party supplies make you want to
1. For more information, call 434-792-9255.
start inviting friends over. The matching napkins and table
cloths along with other ensemble pieces are provided with
budget minded consumers in mind. You can also find small
The Checker Tree
In the deep South, every community has a “checker tree” underneath which peo-
ple can gather, play checkers and solve the worlds problems. That is the tradition
of community and fellowship that prompted Susan Spears to open her small shop Open Mic
at 404 Lynn Street. Offering “thrifts, gifts and groceries” on Mon—Fri from 7-6 , Night returns to Downtown!
and Sat –Sun from 8-2, you can find coffee, sodas, snacks, knick-knacks and all The VC Restaurant knows that
sorts of other goodies. You may be able to find home grown tomatoes and herbs live music and good food always go
or Susan’s Sugared Pecans. Or just come in for some conversation. 434-797-1762 well together. That is why they have
started Mike & Kristie’s Open Mic Sat-
urday Night at the restaurant on the cor-
Ly n n S t r e e t Lo f t s f o r r e n t ner of Lynn and Wilson Street. They
will be offering a full menu of classic
American Food with daily specials, so
for internet and
be sure to make this part of your week-
cable access and
end plans. Call 793-9999 for more info.
including dishwasher and garbage disposal. Even though
most of the units follow a similar open floor plan in the
kitchen/dining/living area, each has some unique feature that
gives it a one-of-a-kind feeling.
Families will need to meet certain criteria to move into the
lofts. The total household income must be between 40-60%
of the area median income, adjusted for family size. For in-
stance, a family of four with a total income of $30,360 would
qualify. Rental rates range from $354 to $610 per month.
The Lynn Street Lofts is a redevelopment project of The
Landmark Group. They have completed or have under devel-
opment more than $400
Danville’s newest downtown residents have begun to move million worth of mixed
into the Lynn Street Lofts working family housing in the for- use projects to revive
mer Virginia Tobacco Co. building at the corner of Lynn and downtowns, restore aging
Shelton Street. The apartments feature the high ceilings, hard- neighborhoods and create
wood floors and exposed brick that you would expect in a affordable housing in
market rate project. eight states. For more
Common areas are tastefully decorated and inviting places information about the
for the residents to relax and gather. Each unit is pre-wired lofts, call (434) 799-5898.
THE PROSPECT PAGE 4
Swedwood holds grand opening
Wednesday, May 21, 2008 marked the official opening of
the first IKEA factory in North America. The ceremony
included remarks by company officials, Virginia Governor
Timothy M. Kaine and other local government officials.
Plant manager Bengt Danielsson invited the governor and
Bruno Winborg, Chairman of the Board of Swedwood Inter-
national, to participate in the traditional Swedish log-sawing
event, which, much like an American ribbon cutting, sym-
bolizes good luck for the furniture manufacturing plant.
The 930,000 square foot facility at Cane Creek Centre was
available for touring as the nearly 200 employees continued
their work fabricating such popular IKEA products as EX-
PEDIT bookshelves, LACK coffee and side tables and
BESTA modular entertainment systems.
Swedwood plans future expansions at the plant which will Governor Timothy M. Kaine congratulates Swedwood plant man-
one day employ up to 740 people. ager Bengt Danielsson at the Grand Opening ceremony in May.
Danville takes honors at National Business
Incubation Association awards ceremony
The 22nd International Conference of Business Incubation,
held in San Antonio, TX on May 6, 2008 was the setting for
the honors Danville received from the National Business
Incubation Association (NBIA). Dan River Business Devel-
opment Center was recognized at the top US Finalist for
Incubator of the Year. One-Stop Cellular won the 2008
NBIA International Tenant of the Year award, and DVF
Foodservice won Outstanding Incubator Graduate Award.
Linda Hutson Green, Director of the DRBDC says, “From
attendees of 52 countries, Danville was repeatedly recog-
nized...because of the strength of our companies.” Others
attending the ceremony included Scott Brooks and Charlie
Fulp from One-Stop, Donnie and Jackie Stevens, from DVF
Foodservice, Jeremy Stratton, Director of Office of Eco-
nomic Development, Mark Gignac and Dr. Carlyle Ramsey.
e c o n o m i c d e v e lo p m e n t t r ac k i n g l a n d u s e
One of the challenges in drawing investment into the down- into a usable format. Fortunately, we will have the assis-
town and tobacco warehouse districts has been in obtaining tance of an intern for the next couple of months to help with
good information about the building stock. Just because a this task. Corrie Teague is a Danville native who most re-
prospective client likes a certain location, does not mean it is cently worked in San Francisco, CA as a Senior Account
available or appropriate for their use. Executive with a
In order to be better prepared in helping to market these marketing firm. She
properties, the Office of Economic Development is entering has moved back to
selected data into a webpage database that will readily show, the east coast to be
among other information, how each building is currently closer to her family
zoned, how many square feet it contains, if it is vacant or and we are delighted
occupied, if it is on the market or not, and who owns or man- to have her help
with this important
ages the property.
project. Please wel-
Having this information on hand will prove invaluable to come Corrie to the
our staff, but it is very time consuming to collect it and get it Economic Develop-