Virginia announces $126 million in grants to prepare large industrial sites for new business

More than a dozen Southside and Southwest Virginia localities have been awarded over $48 million to help make large industrial sites ready for potential new businesses.

The awards were part of $126 million in grants announced Thursday for nearly two dozen places across the commonwealth as part of the Virginia Business Ready Sites Program, according to a news release from Gov. Glenn Youngkin.

The work, Bobe said, will “help increase the attractiveness of the site to prospective industry by reducing risk and increasing their speed to begin operations. This site is currently undeveloped, but offers utility and transportation infrastructure that is conducive to large-scale manufacturing.”

Read the full article here (Matt Busse, Cardinal News)