Virginia

Virginia car dealer hopes CHIPS Act helps to bring business ‘back to normal’

Published

2 years ago

August 16, 2022

Virginia car dealer hopes CHIPS Act helps to bring business ‘back to normal’

HENRICO COUNTY, Va. — The U.S. authorities lately handed the CHIPS and Science Act, a $52 billion enhance to the nation’s semiconductor business, which manufactures the diminutive chips that energy every little thing from smartphones to computer systems to vehicles.

The invoice may have a big effect in Central Virginia.

Shawn Hayes, the final supervisor at MA’s Colonial Chevrolet, referred to as the semiconductor a very powerful factor in a car apart from the wheels and engine. He stated the typical automobile contained about 1,500 semiconductors, also referred to as chips.

“From the engine to this dashboard to the screens,” he stated.

WTVR

The vast majority of chip manufacturing has shifted abroad as U-S manufacturing dropped from 38 p.c to 12 p.c since 1990.

Throughout the COVID-19 pandemic, low manufacturing mixed with provide chain points to harm industries that use chips.

For Hayes, that meant a scarcity of latest vehicles and a swap to a used-car focus.

“When you do not have new vehicles, you need to get used vehicles. And after we go to purchase used vehicles, if there is no new ones to exchange the use when it drives, it is the outdated provide and demand,” he stated.

Now, with the CHIPs Act, the hope is to reverse course by investing billions into the sphere, together with $39 billion in incentives for brand spanking new or expanded manufacturing.

“It is a large funding, I hope it actually spurs much more innovation,” Jeff Smith, Chair of the Provide Chain Administration Analytics Division at Virginia Commonwealth College, stated.

Smith stated whereas it made sense to outsource manufacturing, the usneeded to be vital of what it does.

“To mitigate the worldwide threat. And that is threat of safety, its threat of provide,” he stated.

Key sponsors of the invoice, together with U.S. Senator Mark Warner (D – Virginia), hope it should create not less than 12 new amenities.

U.S. Senator Tim Kaine (D – Virginia) stated Virginia might be among the many states that get a semiconductor facility.

“Each state needs part of this. The states that have already got chip manufacturing are going to be within the entrance and Virginia does,” he stated.

A Micron facility is already up and operating in Northern Virginia.

Henrico County’s White Oak Expertise Middle is the location of a former plant that employed over 3,000 folks earlier than shutting down over 10 years in the past.

County leaders stated they’re working with lawmakers to place themselves for a reboot.

“We have the websites, now we have the infrastructure, now we have the tech park, now we have a workforce that’s extremely proficient,” Henrico County Supervisor John Vithoulkas stated.

Smith stated Virginia would doubtless want to take a position extra money into potential tasks because the business is an costly one with fixed growth.

“You are going to need to constantly reinvest in these programs to remain on the entrance finish of the superior know-how,” he stated.

Hayes stated it will take time for these vegetation to spice up manufacturing and his business is probably going a yr out from pre-pandemic ranges. Nonetheless, he was excited on the prospect not just for his line of labor, however for bringing jobs again to the U-S.

“I am simply wanting ahead to the purpose the place we get again to regular,” he stated.

The Virginia Financial Growth Partnership stated it was working with Governor Youngkin’s administration to draw extra semiconductor tasks to Virginia

This can be a growing story, so anybody with extra info can electronic mail newstips@wtvr.com to ship a tip.

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Virginia

Eastern Michigan WR Oran Singleton Jr. Commits to West Virginia

Published

4 hours ago

December 23, 2024

Press Room

Eastern Michigan WR Oran Singleton Jr. Commits to West Virginia

West Virginia has landed its second commitment out of the transfer portal, and its first on the offensive side of the ball.

Sunday evening, Eastern Michigan wide receiver transfer Oran Singleton Jr. announced his pledge to the Mountaineers.

This past season for the Eagles, Singleton caught a team-high 64 passes for 639 yards and two touchdowns. Prior to arriving at Eastern Michigan, Singleton played one year at Akron and then made the move to the junior college level to play for Hutchinson CC. There, he led the team in receptions (31) and was second in yards (419).

West Virginia will continue to add to the wide receiver room in the coming days and weeks as they look to replace the departure of Justin Robinson along with the potential departures of Traylon Ray Ric’Darious Farmer and Hudson Clement.

Singleton will have one year of eligibility remaining.

Virginia

WVU loses Hansberry, beats Mercyhurst in non-conference finale

Published

12 hours ago

December 22, 2024

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WVU loses Hansberry, beats Mercyhurst in non-conference finale

Still without Tucker DeVries, Sunday’s game against Mercyhurst would be West Virginia’s final opportunity to figure things out ahead of their holiday break, followed by the gauntlet that is the Big 12.

While the Mountaineers would ease past the Lakers, they couldn’t do it without suffering another injury. Starting center Amani Hansberry was injured in the opening minute and did not return as West Virginia beat Mercyhurst 67-46 at the WVU Coliseum to close non-conference play.

The Mountaineers persevered the early departure of Hansberry by getting inside on the Lakers. After a Jonathan Powell 3-pointer, eight of WVU’s next 13 points came at the rim as they took a 16-7 lead in the opening eight minutes of action.

While the Lakers would be able to keep the West Virginia lead in single digits, a late 11-3 run helped West Virginia into halftime with a 35-22 lead.

While West Virginia shot 50 percent from the field in the first half, the second half would have a much different feel to it.

West Virginia made only one basket, and that came on a score from Eduardo Andre just a minute into the second half. After that, though, West Virginia’s offense went silent, and it allowed the Lakers to get back into the game.

Mercyhurst went on an 8-0 run from the 17:23 mark until the 14:46 mark of the second half, as West Virginia’s lead was cut to 38-30. The Mountaineers would respond appropriately, though, going on a 16-0 run themselves, pushing the lead to 24 with 8:13 to play.

During the run, it was a plethora of players who got involved for the Mountaineers. Five different players scored during the run, including Javon Small, who scored on a fastbreak dunk after a steal from Joe Yesufu. The dunk would be Small’s 1,000th career point.

Mercyhurst countered with a 5-0 run, but that didn’t faze the Mountaineers in the slightest. West Virginia scored the next nine points as they continued to lock down on defense.

Mercyhurst would score only 11 points in the final 14:45 of the game, shooting 22 percent from the field in the second half and 28 percent from the field on the afternoon. West Virginia held Mercyhurst to shoot only 5-for-17 from beyond the arc.

The Mountaineers shot 48 percent from the field despite struggling mightly from three as they shot 5-for-19 from beyond the arc. Small led West Virginia with 19 points on the afternoon.

West Virginia now will be off until Dec. 31, when they open Big 12 play on the road against No. 8 Kansas.

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Virginia woman falls victim to bitcoin scam, loses more than $30,000 – WTOP News

Published

20 hours ago

December 22, 2024

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Virginia woman falls victim to bitcoin scam, loses more than ,000 – WTOP News

A Richmond, Virginia, woman lost more than $30,000 after police say she fell victim to a scam.

Click here for updates on this story

RICHMOND, Virginia (WTVR) — A Richmond, Virginia, woman lost more than $30,000 after police say she fell victim to a scam.

CBS 6 Crime Insider Jon Burkett spoke to Frank Oley, her financial adviser and Greg Wade, a Richmond detective about how this happened.

The woman got an email which appeared to be from PayPal.

“It was about the purchase of some type of malware and if you didn’t want it to call a certain number,” Wade said.

She then called the number and got swindled.

“After the transaction was done, he said, ‘You added too many zeroes,’ and, ‘Oh, my God, I’m going to lose my job, it’s Christmas time and I have kids,’ laid it on thick to her. This client being such a nice, honest and decent person felt sorry for this guy,” Wade explained.

The woman felt so bad she withdrew a total of $34,300 from two banks in an effort to pay for what she thought was her mistake.

The scammer instructed her to load the cash into a bitcoin machine along Azalea Avenue. It took her two hours and 873 separate transactions to do.

Detective Wade got a search warrant and told the store to shut the machine down. A representative came to open it, and the woman’s money was still there.

Her money is being held as evidence for now, but she will get it all back.

“The good news is with George, the Richmond City Police Department, we got the money back,” Oley said.

Wade says the scammer was traced to a location outside the United States.

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