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VCEDA News Brief Issued
VCEDA 2022 Annual Report Highlights 50 Projects Fifty new projects and expansions in all eight Virginia Coalfield Economic Development Authority (VCEDA) localities resulting in a projected 900 new jobs and more than $220 million in planned private...
VCEDA Attends Outreach Events; Awards Grants
VCEDA Sponsors, Attends VEDA Legislative Reception VCEDA was pleased to sponsor and take part in the Virginia Economic Developers Association 2023 legislative reception in Richmond, VA. Representing VCEDA at the event were, from left, VCEDA Marketing Coordinator Susan...
Latest News and Updates from VCEDA
AMR PEMCO President David Graf, center, accepts a ceremonial check for $447,200 representing a low interest loan to AMR PEMCO from VCEDA for the company’s planned expansion. From left are Tazewell County Economic Development Manager Ashley Harris; VCEDA Executive...
VCEDA Board Hears Target Industry Analysis Results; Approves Loans, Grants
Members of the VCEDA board and staff listen to a presentation related to the recently completed Virginia Tech target industry strategic analysis completed for the e-Region. VT Target Industry Analysis Results Presented Four target industries the Virginia Coalfield...
VCEDA Board Approves Loans, Grants for Variety of Projects
A ceremonial check representing the up to $4 million loan from VCEDA to the Dickenson County IDA to be used toward the development of an inpatient substance abuse rehabilitation center at Red Onion was presented recently. On hand for the presentation were, from left,...
VCEDA Board Hears Update; Outreach Marketing Ramps Up
VCEDA Executive Director/General Counsel Jonathan Belcher, second from right, gives an update on project activity to members of the VCEDA board during the board's June 16 meeting. Also pictured with Belcher, from left, are Esther Bolling, Josh Ball and VCEDA Chairman...
VCEDA First Quarter Activity Discussed; Conferences Attended; Seed Capital Grants Awarded
More Than 200 Jobs in Southwest Virginia’s e-Region Projected from VCEDA First Quarter Activity Grants Approved for Two New Workforce Development Projects Two workforce development grants which combined totaled $300,000 were approved for projects in Russell and Wise...
VCEDA Annual Report Issued; Conferences Attended; Seed Capital Grants Awarded
VCEDA Annual Report Highlights 60 Projects in e-Region Highest Quantity of Loans, Grants Approved in VCEDA History During 2021 Sixty new projects and expansions/ retentions in all eight Virginia Coalfield Economic Development Authority (VCEDA) localities resulting in...
VCEDA Board Approves Projects Anticipated to Create More Than 100 Jobs
Jim Baldwin, center, (top photo) was presented with a framed resolution recognizing his long-time service to the VCEDA board and the region during the February meeting of the board. Baldwin recently announced his retirement as the Cumberland Plateau Planning District...
VCEDA Approves Renewable Energy Funds; Variety of Projects
A new Solar Workforce Accelerator program being funded by an up to $225,000 grant approved by VCEDA through its Renewable Energy Fund was announced recently. On hand for the ceremonial check presentation were, from left, Jonathan Belcher, VCEDA executive...
VCEDA Continues to Drive Success in Job Creation, Private Investment
Directors and officers of the Virginia Coalfield Economic Development Authority are pictured in this photo taken at the November meeting of the board. From left (front), are J.P. Richardson; Josh Ball, vice chairman; Larry Mosley, chairman; Esther Bolling, treasurer;...
Skyline Fabricating to Expand in Buchanan County; Seed Capital Grants Awarded
A ceremonial check representing the up to $538,030 loan approved by the Virginia Coalfield Economic Development Authority (VCEDA) for the Buchanan County Industrial Development Authority to assist with the Skyline Fabricating Inc. expansion in Buchanan County was...
Italian Company Chooses Russell County for First U.S. Operation; Seed Capital Grants Announced
At the ribbon cutting for the Ceccato USA announcement, Jimmy Sisk, Ceccato USA president and CEO, noted an initial capital investment of $1.75 million is projected by the company within the first four months. The parent company, Ceccato S.P.A., was founded in 1936...
VCEDA Attends Marketing Events, Announces Grants
VCEDA Marketing Ambassabors Charlotte Mullins and Cathy St. Clair are pictured with e-Region manufacturers at the SVAM Expo. VCEDA Exhibits at SVAM Expo VCEDA's team was at the Southwest Virginia Alliance for Manufacturing Expo held at the Higher Education Center in...
VCEDA Approves Project Loans, Grants; Announces Seed Capital Grants
An up to $500,000 grant from the VCEDA Education and Telehealth Access Fund was closed last week with the Appalachian Council for Innovation (ACI) to be used toward the development of space-based broadband service in the VCEDA e-Region. On hand for the presentation...
VCEDA Approves 32 Projects; Announces Seed Capital Grants
VCEDA Board Approves 32 Projects Loans and grants to assist in new projects and expansions of existing business in six far Southwest Virginia counties were approved by the Virginia Coalfield Economic Development Authority (VCEDA) during a meeting of the board June 17...
SunCoke to Invest $50 Million in Buchanan County; Seed Capital Funds Awarded
Governor Announces SunCoke Energy to Invest $50 Million in Buchanan County Operation Governor Ralph Northam announced May 24 that SunCoke Energy, Inc. (NYSE: SXC), the largest independent producer of high-quality coke for blast furnace steel production in the...
VCEDA Approves Funds; Releases Seed Capital Program Study
VCEDA Executive Director/General Counsel Jonathan Belcher, presents a ceremonial check for $400,000 to Melanie Protti-Lawrence, president of Lawrence Brothers, Inc., representing the loan made by VCEDA to Lawrence Brothers Inc. for the company’s latest expansion...