World Leader in Cinema Screen Technology Sets Up Manufacturing in Roanoke Region

harkness screensCLOVERDALE, VA (October 3, 2017) — Harkness Screens will soon begin manufacturing large high-performance coated 2D and 3D cinema screens in EastPark Commerce Center in Botetourt County, Virginia. The company, which is relocating manufacturing from Fredericksburg, Virginia, as part of a multi-million dollar investment, will employ up to 50 people in the first phase with significant expansion potential.

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ELDOR Facility in Botetourt County Taking Shape

eldor jobs roanoke

Construction on the ELDOR Corporation site in the Roanoke Region of Virginia is under way. The Italian manufacturer of automotive components is on track to have a state of-the-art 250,000 sq. ft. facility ready for test runs by January. 

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Roanoke Region Job Growth Continued in 2016

Roanoke region at night

In 2016, the Roanoke Region of Virginia continued to grow jobs and its economy. The Roanoke metro saw employment grow by 1,200 jobs between December 2015 and December 2016, for a rate of growth of 0.7%, matching the rate of growth in Richmond and putting Roanoke ahead of the majority of metro areas in the state.

Average employment for the entire year is at its highest level since 2007.

Employment gains were mainly in education and health and finance/business services.

The region is poised for continued growth into 2017 and beyond with more than 1,400 jobs announced from projects under development such as Eldor Corporation, Virginia Community College System, Virginia Tech Carilion Research Institute, Ballast Point Brewing & Spirits, and Deschutes Brewery.

Employment Change, December 2015 to December 2016

Charlottesville 113.5 116.7 2.8%
NOVA 1414.2 1443.7 2.1%
Winchester 62.5 63.7 1.9%
Roanoke 162.8 164 0.7%
Richmond 667.8 572.2 0.7%
Harrisonburg 64.7 64.8 0.2%
Hampton Roads 769.2 767.6 -0.2%
Lynchburg 104.1 103.7 -0.4%
Blacksburg 77.6 76.9 -0.9%
Staunton-Waynesboro 49.8 48.8 -2.0%

* December numbers in thousands of jobs.

Job Growth Accelerates in the Roanoke Region

There’s good news on the jobs front. Employment is growing in the Roanoke Region.

The Roanoke metro market saw private sector employment increase by 2,500 workers from October 2015 to October 2016 and total employment is at the highest level of any October since 2000, according to the data from the Bureau of Labor Statistics. Unemployment in the Roanoke MSA is at 4.1 percent as of October 2016.

Private sector employment increased by 1.8 percent from October 2015 to October 2016 in the Roanoke MSA, which surpasses the national growth rate (1.7 percent) for private sector employment over the period. 

Roanoke jobs October 2016

Employment gains were mainly in education, health services, professional and business services, and leisure/hospitality. 

The region is poised for continued growth. More than 1,300 jobs have been announced in 2016 from projects such as Deschutes Brewery, Eldor Corporation, Virginia Community College System, Virginia Tech Carilion Research Institute, and Ballast Point Brewing & Spirits among others.