Economic Development

Press Release

New Banner Heralds Inception of Industrial Facility Authority

                                                                    February 23, 2017

Displayed beside the Virginia Flag, a banner identifying the soon-to-be Staunton River Regional Industrial Facility Authority (SRRIFA) speaks of a developing partnership between Hurt, Altavista, Danville, Pittsylvania County, and Southern Virginia Multimodal Park (SVMP) that is to focus on bringing jobs to the SVMP and breathing new life into the Staunton River region’s economy.  A press release detailing this afternoon’s Letter of Intent (LOI) signing ceremony is available.

SRRIFA Banner.jpg

                                                              Photo courtesy of Jane Ward Johnson

   A new sign appeared at the former Burlington Industries property in Summer of 2016 to announce a re-branding of the site.  Samet Corporation, a top-tier industrial development firm headquartered in North Carolina, plans to promote and develop the approximately 800-acre tract into a 21st-Century industrial/commercial business park. 

    Samet recently published a brochure on their website, advertising the newly-named Southern Virginia Multimodal Park (SVMP) to the world.  A listing of their corporate parks, including a downloadable PDF of the brochure, has been provided here for convenience.  

   SVMP has recently received increased attention, as state officials are seriously considering it as the location for Virginia’s second inland port. Town and county officials, along with private enterprises including Samet, are working diligently with the Commonwealth to facilitate this concept becoming a reality.  A public statement as to where we are in this process was released earlier this month to local media, and can be found under “ED Announcements” above.        

Further Details Coming Soon…


Page last updated:  Thursday, February 23, 2017 at 6:21 p.m.