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Business

  • $5 gas? Unlikely, but not impossible

    Gasoline prices have shot up about 12 cents a gallon in recent days in Virginia, raising fears that pump prices will continue to escalate in the wake of ongoing turmoil in Libya and North Africa.
    Political unrest in that region is unnerving traders in future markets across the globe, causing the trading floor to roil.
    Leap-frogging another $14 since last Friday, crude oil futures reached about $100 a barrel in trading Wednesday on the New York Mercantile Exchange.

  • Guiding Fancy Gap's future

     

  • Galax, Grayson to share Hampton property revenue

    Galax City Council, the Grayson County Board of Supervisors and the Blue Ridge Economic Development Authority have entered into a revenue-sharing agreement for the Blue Ridge Crossroads Commerce Park.
    The 26-acre site, formerly known simply as the Hampton property, is located partly in Galax and Grayson County. Development at the site, to prepare it for tenants, has been ongoing for nearly a decade.
    The new agreement sets Galax and Grayson as partners in the project with 1,500 shares each and calls on BRCEDA to assist in managing the project.

  • N-Zone gets serious about games

     

  • Liddle Tykes daycare grows up

     

  • Broccoli industry could boom for local farmers

    Carroll County has been chosen for field testing in plans by the U.S. Department of Agriculture to invest millions of dollars to build a network of broccoli growers and markets on the east coast.
    Most of the broccoli sold on the east coast is grown in California and Arizona and trucked east, arriving in stores as many as 10 days after harvest. USDA wants to bring locally-grown broccoli closer to consumers.

  • Virginia hands out millions to big business

    RICHMOND — When Gov. Bob McDonnell testified before a congressional committee in Washington last week about Virginia's efforts to rebound from the national recession, he focused on entrepreneurs and small business.
    "I firmly believe it is the entrepreneur who makes businesses grow and prosper — not the government," he said.
    He called small businesses "the backbone of our economy."
    But McDonnell has placed government aid front and center in his campaign to reinvigorate the state's economy.

  • Wildwood price, need questioned

    HILLSVILLE — Though a Carroll citizen has heard a lot about the planned business commerce park known as Wildwood, she hadn't heard how much the public-private development at Interstate 77's Exit 19 would cost.
    Debbie Brady Goad asked that and more at the Carroll Board of Supervisors' meeting Jan. 13.
    "I want to get just a few things together and get it in my computer banks so maybe I can remember it the next time I need it," she explained.

  • Legislators' utility bills shut down

     

  • Districts offer farmers protection

    HILLSVILLE  —  Ag and forestal districts in Wythe County have managed to hold off town annexations and a transmission power line in the 30 years they’ve existed, said one participant.
    Dairy farmer Eric Crowgey spoke to a roomful of about 40 people interested in learning about ag and forestal districts in Carroll County on Jan. 6. He shared history, insight and tips about the voluntary protection for rural land in Wythe County.