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VCEDA approves $16.3 million for development projects in three Southwest Virginia counties PDF Print E-mail

VCEDA approves $16.3 million for development projects in three Southwest Virginia counties

Friday, Jun 22, 2007 - 12:10 AM

BRISTOL HERALD COURIER

The Virginia Coalfield Economic Development Authority on Thursday approved $16.3 million for development projects in three Southwest Virginia counties.

The money will pay for a variety of projects such as a new technology and data centers, equipment for a wood manufacturing company, and development of a multi-use industrial park, according to a news release.

The Wise County Industrial Development Authority will receive the most money, more than $6.5 million, which will be used for an information assurance technology center, equipment for a start-up wood manufacturer company, and the development of available space at Lonesome Pine Regional Business and Technology Park.

The Dickenson County Industrial Development Authority will receive a $4 million grant to build a technology center for work force development and training programs for the coal, gas, and energy industries.

Another $5.7 million will go to Buchanan County to assist with development of the Lovers Gap/Poplar regional industrial park.

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