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 2,102 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.
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9/21/18 Tobacco Commission Meets In Floyd
TOBACCO REGION REVITALIZATION COMMISSION MEETS IN FLOYD
Commission Approves 19 Funding Requests for Projects in Southern and Southwest Virginia
Richmond, VA – The Virginia Tobacco Region Revitalization Commission met on Wednesday, September 19th to give final approval for 19 funding requests. The 19 requests total more than $13.7 million and will support projects across Southern and Southwest Virginia. The total funds to be disbursed break down as follows: $3 million for regional economic development,
Read More9/12/18 Piedmont Access To Health Services, Inc. (PATHS) Expanding In Chatham
21 NEW JOBS COMING TO PITTSYLVANIA COUNTY
Piedmont Access to Health Services, Inc. Expanding In Chatham
Chatham, VA – Deputy Secretary of Commerce and Trade for Rural Economic Development, Cassidy Rasnick announced today that Piedmont Access to Health Services, Inc. (PATHS) will relocate and expand in the Town of Chatham. The project will create 21 new full-time jobs and includes significant capital investment. The new facility will be located in the former Hampco building.
Read More8/2/18 Sale Of BVU-OptiNet Broadband Network To Sunset Digital Completed
SALE OF BVU-OPTINET BROADBAND NETWORK TO SUNSET DIGITAL COMPLETED
Deal Will Ensure Continued Operation and Expansion of Broadband Network
Bristol, VA – An agreement was reached by all parties today that will see Sunset Digital purchase Bristol Virginia Utilities (BVU) OptiNet broadband network. As an investor in the network, The Tobacco Commission will receive a return on that investment from the sales price as well as a commitment from Sunset to make thousands of home connections at the Commission’s direction.
Read More7/30/18 Press Glass To Locate In Commonwealth Crossing Industrial Park
212 NEW JOBS COMING TO HENRY COUNTY
Press Glass to Locate In Commonwealth Crossing Industrial Park
Richmond, VA – Governor Ralph Northam announced today that Press Glass has chosen Commonwealth Crossing Industrial Park as the location for their new manufacturing operation. Press Glass plans to invest $43.55 million in a 280,000 square foot facility. The project is expected to create 212 new jobs. The Tobacco Region Revitalization Commission is assisting this project with an $835,000 Tobacco Region Opportunity Fund Grant.
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