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Southwest Va. project will help manufacturers enter wind energy supply chain
Public-private campaign InvestSWVA announced Tuesday the launch of an economic development initiative designed to help Southwest Virginia manufacturers find entry points in the supply chain for wind energy equipment components. The initiative, called Project Veer, will connect Southwest Virginia manufacturers with industry experts, public sector partners, the Hampton Roads Alliance, Dominion Energ[...]
Medical glove manufacturers to create 2,500 jobs in Wythe County
Connecticut-based Blue Star NBR LLC and Delaware-based American Glove Innovations Inc. will invest $714 million to build a manufacturing facility in Wythe County for producing rubber medical gloves — a joint venture expected to create 2,500 jobs, Virginia Gov. Ralph Northam announced Monday. The operation is expected to produce up to 60 billion medical gloves each […]
Va. Small Business Financing Authority didn’t loan out $28M
The Virginia Small Business Financing Authority (VSBFA) disbursed only 8% of its available funds in 2018 and just 10% in 2019 for loans, grants and bonds to help small businesses — holding on to $28 million, according to a study released Monday by the Joint Legislative Audit & Review Commission (JLARC). A division of the […]
