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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 formerly tobacco-dependent communities, using proceeds of the national tobacco settlement. To date, the Commission has awarded 2,285 grants totaling more than $1.17B across the tobacco region of the Commonwealth, and has provided $309 million in indemnification payments to tobacco growers and quota holders.
Latest News
5/27/21 TOBACCO REGION REVITALIZATION COMMISSION HOLDS MAY MEETING
TOBACCO REGION REVITALIZATION COMMISSION HOLDS MAY MEETING
Commission Approves 17 Funding Requests
Richmond, VA – The Virginia Tobacco Region Revitalization Commission met electronically on Thursday, May 27th. The Commission acted on 17 funding requests including projects that will support Virginia’s livestock industry, improve the region’s ability to attract top employers by increasing the number of shovel ready sites available and expand broadband access.
Tobacco Commission Chairman, Edward Owens said,
Read More4/29/21 Radical Sportscars Coming to Martinsville
Radical Sportscars Coming to Martinsville
Company Will Open U.S. Sales Office
Radical Sportscars will open its U.S. Sales Office in Martinsville. The office will open in Patrick Henry Community College’s Manufacturing, Engineering and Technology [MET] Complex.
Radical Sportscars, based in Peterborough, Cambridgeshire is a world-class leader in the production and exporting of its own designed and manufactured racing cars and track cars sold to markets around the world.
Read More1/28/21 Crown Holdings to Locate in Commonwealth Crossing Business Centre
126 NEW JOBS COMING TO HENRY COUNTY
Crown Holdings to Locate in Commonwealth Crossing Business Centre
Governor Ralph Northam announced today that Crown Holdings, Inc. will build a new aluminum beverage can manufacturing operation in Henry County’s Commonwealth Crossing Business Centre. The projects is expected to create 126 new jobs and includes $145 million in capital investment.
The Tobacco Region Revitalization Commission played a key role in attracting Crown Holdings to Henry County with investments totaling more than $16 million in Commonwealth Crossing Business Centre over the years.
Read More1/12/21 TOBACCO REGION REVITALIZATION COMMISSION HOLDS JANUARY MEETING
TOBACCO REGION REVITALIZATION COMMISSION HOLDS JANUARY MEETING
Commission Elects New Leadership and Approves 19 Funding Requests
Richmond, VA – The Virginia Tobacco Region Revitalization Commission met electronically on Friday, January 8th and selected Mayor of the Town of South Boston, Edward Owens, as the next Chairman of the Commission and Delegate Lashrecse Aird as Vice-Chair. The Commission also acted on 19 funding requests including projects that will expand broadband access,
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