Watch us growPublished 11:00am Saturday, September 29, 2012
Virtually anytime a new business — large or small — comes to Western Tidewater, or neighboring localities, it’s an asset.cousin
Today’s edition of The Tidewater News includes a 12-page section devoted to recent economic development in the region. Specifically, the opening or anticipated opening of ST Tissue, International Paper, Enviva, Green Mountain Coffee Roasters and Ace Hardware. It also includes the $45 million conversion of Dominion Power’s coal-fueled plant to wood-fueled.
Each brings new construction dollars, renovations to existing buildings and jobs.
One example is International Paper. After closing in June 2010 and eliminating 1,100 jobs, the former Franklin paper mill was repurposed to create fluff pulp. The plant now employs 200; many are former IP workers.
Another example is Dominion Power on General Thomas Highway outside Franklin. Construction to convert the power plant will begin in October. The change will allow the plant to maintain 30 positions with an annual payroll of $2.8 million. Another 100 jobs in forestry and trucking are also expected, and the plant is expected to generate $25 million annually for the economy.
You’ll also learn what it takes to bring companies to this region. Along with their staffs, Amanda Jarratt, president and chief executive officer of Franklin-Southampton Economic Development Inc., and Lisa Perry, director of Isle of Wight County’s Economic Development Department, deserve recognition for their unceasing work in attracting and maintaining businesses.
Hope you enjoy this special edition.