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April 24, 2006
Volume 6, No. 1, 2006

This is the E-newsletter of the Roanoke County Economic Development Department designed to showcase the investments and achievements of our existing business partners. For additional information about doing business in Roanoke County, visit our website www.yesroanoke.com.
Two Visionaries

Roanoke County gratefully remembers two of our business partners who were visionaries in their respective industries, Alvin Fink and Al Pollard. These men were leaders in the valley and the void created by their absence will be felt for years to come.

Al Pollard with Catawba District Supervisor Butch
Church and former Cave Spring District Supervisor
Fuzzy Minnix at the Ribbon Cutting Ceremony for
419 West restaurant in 2002.

A driving force behind Roanoke's flourishing restaurant scene, Al Pollard, with business partner Roger Neel, operated Corned Beef & Co. in downtown Roanoke, 419 West in Southwest Roanoke County and two locations of their signature Frankie Rowland's Steak House, one in downtown Roanoke and one in Winston-Salem, N.C. A native of Erie, Pennsylvania, Al fell in love with the Roanoke Valley while a business administration major at Roanoke College. After graduating, Pollard remained in the valley and became involved in the revitalization of downtown Roanoke, the Roanoke Express hockey team, and originated the Quality of Life Scholarship for the Miss Virginia Pageant. On March 6, 2006, the Virginia General Assembly offered House Joint Resolution No. 476 celebrating the life of Frank Alan Pollard II.

Alvin Fink and his son, Marc, cut the
ribbon for the opening of their
signature store and corporate
headquarters in 2004.

On March 27, 2006, the Virginia General Assembly offered House Joint No. 5005 celebrating the life of Alvin Barnett Fink. Alvin Fink, was born in Selma, Alabama, but grew up in Roanoke, graduated from the University of Virginia and served as a medic in World War II before returning home. In 1960, he became president of Fink's, the company that his father, Nathan Fink, founded in 1930 by selling watches on credit for 50 cents a week on Roanoke's Campbell Avenue. In the late 1980s, his son, Marc, took over as president of the company, though his father stayed on as chairman and CEO until the 1990s. Alvin Fink also served as a former president of the Jewelers of America and on numerous local board of directors. He helped expand Fink's to a multi-city enterprise with 15 retail stores across Virginia and North Carolina, including locations in Lynchburg, Richmond, and Charlotte and Durham, N.C.  Fink’s, the largest jewelry retailer in the Roanoke Valley, is headquartered in Roanoke County.

Synchrony, Inc. is awarded $5,000,000 in Venture Capital

(L to R): Mike Wray, Chairman, Roanoke County Board of Supervisors; Dr. Victor Iannello, President, CEO and Founder, Synchrony Inc.; and Elmer Hodge, Administrator, Roanoke County.

At a February 21st media conference, NewVa Capital Partners, LP, and affiliates of Third Security, LLC, a private equity/venture capital fund, announced that Synchrony, Inc. has closed a $5,000,000 Series A round of investment. The funding will be used to help Synchrony transition from being primarily a research and development firm to a company focused on launching new products developed from intellectual properties to the commercial market. Synchrony specializes in the development and production of magnetic bearings, power, and control systems.

Dr. Victor Iannello being interviewed by the local
media about the venture capital award to Synchrony.

"This investment is an incredible opportunity for us to scale up our operations and leverage the technology to reach its full market potential. Our mission is to be the global leader in magnetic control technologies” said Dr. Victor Iannello, President, CEO, and Chairman of the Board of Directors of Synchrony, Inc. In addition to Dr. Iannello, Synchrony's Board of Directors will include John Williamson, President, CEO, and Chairman of the Board of RGC Resources, Rob Patzig, Senior Managing Director of Third Security, Ted Melnik, President of Novozymes Biologicals, Dr. Dan Sable, President and CEO of VPT, and Matthew Crisp, Business Development Associate of Third Security."

Synchrony began as a home-based business in the Roanoke County home of its founder, Victor Iannello, in 1993. As the company matured, the operation moved to a Bent Mountain location. In 2000, company growth prompted the owner to build a company headquarters in Southwest Industrial Park. Synchrony currently has eleven employees and expects to double its headcount in the next several years. It has begun a construction project to expand its existing facility to 11,000 square feet, where development and production activities will occur.

(L to R) First Row: Mike Wray, Chairman and Supervisor, Cave Spring District; Rob Patzig, Senior Managing Director, Third Security, LLC; and Elmer Hodge, County Administrator. Second Row: Dr. Ed Murphy, President and CEO, Carilion Health System; Dr. Raymond Smoot, COO and Secretary/Treasurer, Virginia Tech Foundation; Joe McNamara, Supervisor, Windsor Hills District; and Mike Altizer, Supervisor, Vinton District.

For more information, please click on www.synchrony.com.

Cox Communications to Double Size of Its Facility
Tecton

Cox Communications Inc., a Fortune 500 and multi-service broadband communications company, (NYSE: COX), announced on January 20 that it will expand and renovate its Roanoke County facility on Fallowater Lane. Once complete, the new structure will contain more than 50,000 square feet.  The new addition will account for 27,000 square feet of the total facility. The building construction and equipment investment is expected to reach more than $5 million and Cox anticipates increasing its workforce up to 240 full-time positions by 2010.

Chairman Mike Wray (left)and County Administrator Elmer Hodge (far right) co-present a Certificate of Appreciation to Marilyn S. Burrows, Vice President and General Manager of Cox Communications Roanoke, at the expansion announcement press conference.

(L to R) County Administrator Elmer Hodge
with Mike Pedelty, Community Relations
Director for Cox Communications Roanoke

Cox Communications Vice President and General Manager Marilyn Burrows praised the County Board of Supervisors and administration for its efforts to help the company expand its operation. Burrows added the new building reinforces Cox’s commitment to the Roanoke Valley. County Administrator Elmer Hodge said “Cox Communications Roanoke is one of the area’s leading communications companies and a superior business partner for their dual role in technology and community leadership."

Cox Communication Roanoke's employees
observe the Groundbreaking Ceremony for the
building expansion.

The company plans to enhance its service capabilities through building expansion and renovation, state-of-the-art equipment and an increased, skilled workforce to better meet customer demand. These improvements to service are on top of recent product launches like Cox Digital Telephone and Cox Digital Video Recorder (DVR). 

A Groundbreaking Ceremony for the expansion project was held on March 9th with all three of Cox Communication service areas participating. The company expects to have the project complete in late 2006 or early 2007. More information about Cox Communications can be accessed on the Internet at www.cox.net.

Participants in Cox Communication Roanoke's groundbreaking ceremony on Fallowater Drive.

ITT Names New General Manager at Night Vision Facility

ITT Industries, Inc. has announced that W. Michael (Mike) Hayman has been named President & General Manager of its Night Vision Value Center. Hayman succeeds Gary Aicher who recently was named President of ITT’s Advanced Water Treatment business.

Hayman comes to Night Vision from ITT’s Aerospace/Communications Division (A/CD), where he most recently served as Vice President & Director of Operations.

“Mike is the perfect person to continue Gary’s strong leadership at Night Vision, ” said Steve Gaffney, president of ITT Defense. “Mike has a broad spectrum of management and operations experience and helped lead A/CD successfully through a significant capacity ramp-up, so he is well-positioned to lead Night Vision through its current expansion, as our nation’s protectors need this life-saving technology more than ever.”

Hayman has 33 years of service with various production and development divisions including North Electric Co., Alcatel N.A. and ITT Telecom. Prior to serving as Vice President & Director of Operations at A/CD, he served as its Value- Based Six Sigma Program Champion, spearheading cost reduction and process improvement programs for the division.

County of Roanoke Commercial Corridor Grant Program

The purpose of this program is to encourage site improvements to business properties along commercial corridors in Roanoke County. This is accomplished through a matching grant program, providing grants ranging from $500 to $15,000, for beautification projects that are undertaken in accordance with established design guidelines. The approved corridors are Hollins Village, Route 11/460 West, and downtown Vinton.

Any property owner or business owner (with owner’s permission) within these corridors may apply for grant assistance. If the application is completed, the applicant is eligible for up to 50% reimbursement of qualified expenditures. The maximum grant amount is $15,000 and the minimum amount is $500. All grant applications must be a Roanoke County real estate tax paying entity. All projects must meet the appropriate Design Guidelines.

For more information, please call 772-2069 or 772-2185.

Ribbon Cutting Ceremonies

BASKETS FULL OF BLESSINGS, INC.
Lisa Kornegay and Kenna Buck (center) are joined by their husbands, Town Manager Kevin Boggess, Chamber representatives Tammy Vaught and Judy Cunningham and friends to celebrate the opening of their business at 1121 Washington Avenue, Suite B on February 8, 2006.


DR. NEAL S. JESSUP, OPTOMETRIST.
The ribbon cutting ceremony for the new office building at 600 S. Pollard Street owned by Dr. Neal (pictured in white jacket) was held on December 14, 2006. Mayor Brad Grose, Vinton Chamber President Anthony Conner and Vice President Tammy Vaught were present to celebrate with Dr. Jessup and his medical staff.


PATRIOT DRUG & DNA TESTING, INC.
The staff and friends of Patriot Drug & DNA Testing celebrated the grand opening of their new business on September 22, 2005, with a ribbon cutting ceremony at 5346-C Peters Creek Road. Husband and wife owners, Nancy Harms and William Holmes (center), are joined by Hollins Magisterial District Supervisor Richard Flora (right) and American Medical Compliance Testing Inc. President, Gene Elwell (left).

Microsoft Quarterly Road Show Visits Roanoke County

The Roanoke Valley .NET User Group (RV.NUG) along with the International .NET Association (INETA) and other corporate sponsors hosted the Microsoft Community Launch of Visual Studio 2005 and SQL Server 2005. The event was held on February 7th at the Roanoke County Public Safety Building. In addition to the County of Roanoke, local sponsorship was provided by Advanced Logic Industries Inc. (ALI), Books-a-Million, Virginia Western Community College, and Virtual IT, Inc. National sponsorship was provided by O’Reilly and APress book companies along with Component One.

Launch team members were Robin Edwards and Harold Buckner from the County of Roanoke, Adrian Lanning from Virtual IT, Inc, Brian Johnston and Paige Kanode from Advance Auto Parts and Brian Lanham, also from Virtual IT.

Volunteer members of the RV.NUG committed to learning the new products prior to the official release. Self-paced training was provided by Microsoft via .NET Meeting and training DVDs. The RV.NUG Launch team then delivered three presentations from the Visual Studio 2005 / SQL Server 2005 World-wide Launch Tour .

76 attendees (105% of those registered) from 20 different organizations within the Roanoke Valley attended the RV.NUG Community Launch.

The Roanoke Valley .NET User Group www.rvnug.org was founded in the Roanoke Valley shortly after the first release of Microsoft Visual Studio .NET in 2002. A new SQL Server User Group www.rvssug.org was spawned as a result of the huge interest shown at the RV.NUG Community Launch. The County of Roanoke provides use of the technologically advanced Emergency Operation Center (which boasts projection screens and public wireless access) to both groups. RV.NUG meets the first Thursday and RVSSUG meets the third Thursday of each month. Visit each group’s individual web site for more information.

Microsoft Live events are held quarterly in select regions and on January 31st they chose the Carmike Cinemas in Roanoke County. Live Events connect you with handpicked presenters who have extensive real world experience. These events are the perfect opportunity to get valuable technical content with lively demonstrations and lots of time for discussion. With over 300 in attendance, this day long event exceeded all of Microsoft’s expectations. Look for Microsoft to host more events in the area as a result of this fantastic showing.

NSA Coming Back to Roanoke Valley - July 22-29, 2006

Roanoke County will join other jurisdictions in the Roanoke Valley to host of hundreds of girls softball teams this year as the NSA Girls Fast Pitch Softball Class B World Series makes its second appearance July 22-29, 2006.

More than 250 teams are expected to attend the week-long tournament, with an economic impact of millions for Roanoke County, City of Salem, and Roanoke. Roanoke County will provide five of the seven athletics facilities needed to host the tournament, including softball fields at Arnold R. Burton, Northside Softball Complex, Vinyard Park, Green Hill Park, and Darrell Shell Park. At least 18 of the 25 game fields will be in Roanoke County facilities.

This tournament is just the latest success of the Regional Sports Marketing Committee, a joint effort led by Roanoke County, City of Salem, Roanoke and the Roanoke Valley Convention and Visitors Bureau. The Regional Sports Marketing Committee recruits sporting events as economic engines for the various localities within the Roanoke Valley.

More information can be found at www.nsa- youthworld.com/salem/salem.shtm.

RVTV's Roanoke County Business Partners

The current Roanoke County Business Partners is the second "Best Of" program featuring abbreviated segments that highlight business partners from the original 2003 television shows.

BUSINESS INTERVIEWEE WEBSITE
East West Dyecom Tamea Franco Woodward eastwestdye.com
Brambleton Imports Woody Woodward brambletonimports.com
AmRhein Wine Cellars Russell & Paula Amrhein roanokewine.com
Amrhein’s Jewelry Russell & Paula Amrhein roanokecharms.com
Blue Ridge Fly Fishers Blane & Dru Chocklett blueridgeflyfishers.com
Architectural Wood Bruce Cody archwoodonline.com
Country Inn & Suites Mike Bond countryinns.com
Precision Fabrics Group Ali Khan precisionfabrics.com

The television program airs every Tuesday at 9:30 a.m. and 8:00 p.m. on RVTV Channel 3.

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