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The Tobacco Region Revitalization Commission is a 28-member body created by the 1999 General Assembly. Its mission is the promotion of economic growth and development in tobacco-dependent communities, using proceeds of the national tobacco settlement. To date, the Commission has awarded 2,215 grants totaling more than $1.1 billion across the tobacco region of the Commonwealth, and has provided $309 million in indemnification payments to tobacco growers and quota holders.
TOBACCO REGION REVITALIZATION COMMISSION MEETS IN MARION
Commission Approves 18 Funding Requests for Projects in Southern and Southwest Virginia
Richmond, VA – The Virginia Tobacco Region Revitalization Commission met on Thursday, October 10th to give final approval for 18 funding requests. The 18 requests total more than $15.4 million and will support projects across Southern and Southwest Virginia. The total funds awarded break down as follows: $8 million for a potential Tobacco Region Opportunity Fund (TROF) project,Read More
TOBACCO REGION REVITALIZATION COMMISSION MEETS IN DANVILLE
Commission Approves 35 Funding Requests for Projects in Southern and Southwest Virginia and Launches Talent Attraction Program
Richmond, VA – The Virginia Tobacco Region Revitalization Commission met on Thursday, June 6th to give final approval for 35 funding requests. The 35 requests total more than $18.5 million and will support projects across Southern and Southwest Virginia. The total funds to be disbursed break down as follows: $7,909,964 for broadband expansion,Read More
160 NEW JOBS COMING TO DANVILLE
Litehouse, Inc. To Open Production Facility
Richmond, VA – Governor Ralph Northam announced today that Litehouse, Inc. will open a new production facility in the City of Danville. The project is expected to create 160 new jobs as well as retain 40 jobs currently held by Sky Valley Foods employees. The project also includes $46 million in capital investment. The Tobacco Region Revitalization Commission is assisting this project with a $340,000 Tobacco Region Opportunity Fund (TROF) grant as well as a $220,000 TROF loan.Read More
42 NEW JOBS COMING TO SMYTH COUNTY
Scholle IPN Packaging, Inc. To Expand Manufacturing Operation
Richmond, VA– Governor Ralph Northam announced today that Scholle IPN Packaging, Inc. will expand its Smyth County manufacturing operation. The project will create 42 new jobs and includes $10.29 million in capital investment.
Tobacco Commission member, Secretary of Commerce and Trade Brian Ball said, “We are honored to celebrate the expansion of a major manufacturer and long-term contributor to the region’s strong,Read More