VCEDA Helps Welcome Trina Health to Tazewell County
VCEDA recently closed on an up to $400,000 loan to Trina Health of Pounding Mill, LLC which is now operating an innovative diabetes treatment center in Tazewell County that is projected to create 21 full-time and two part-time jobs within five years.
The new center is located in 2,400 sq ft of space in an existing building located on U.S. Rt. 19/460 across from the Pounding Mill Wal-Mart.
Funding for the loan is from Tazewell County’s VCEDA account. The loan funds are being used to finance the purchase of furniture, fixtures, and equipment and installation expenses, as well as facilities construction and up-fit, parking area improvements, paving and associated costs.
Trina Health of Pounding Mill, LLC is a private, for-profit Virginia company which acquired the rights to own and operate the clinic in the Tazewell County area utilizing a breakthrough technology from Trina Health, LLC, founded by G. Ford Gilbert, based in California. The technology is known as “Artificial Pancreas Treatment” for patients with type 1 and type 2 diabetes.
Staffing for the Tazewell County clinic includes positions for nurse practitioners, registered nurses, licensed practical nurses, a medical billing person and a receptionist/scheduler.
“VCEDA is pleased to be able to assist Trina Health of Pounding Mill, which as it opened has already created much-needed new jobs in our area,” said Jonathan Belcher, VCEDA executive director/general counsel.
“VCEDA’s goal is to help create as many new jobs as possible in our region, and this is one example of how we are working toward doing that.”
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VCEDA is Sponsor of Advanced Manufacturing Expo
Advanced manufacturing is one of VCEDA’s targeted industry sectors, and SVAM (Southwest Virginia Alliance for Manufacturing) is an organization of manufacturers that strives to strengthen Southwest Virginia as a leading location for advanced manufacturing opportunities. VCEDA is an affiliate member of SVAM.
VCEDA’s Marketta Horton manned a booth for the authority at the event with 24 vendors/exhibitors. The Expo provides networking opportunities for attendees as well as participating manufacturers to come together to network and learn about the resources available to them from the various agencies and educational representatives exhibiting.