News and Information

State Lowers Loan Rate
The WV Economic Development Authority recently announced availability of 2% loans for new manufacturing equipment purchases.

Dave Warner, the authority's Executive Director said that the rate had been set at 4% for the last ten years and that this move by the Authority will hopefully generate more investment by business. Click here to read more >

New Ad to Shine National Spotlight on West Virginia Businesses
State’s first nationally-televised ad for economic development

CHARLESTON, W.Va. —The West Virginia Development Office is taking its competition for new business investment to a new level: the national airwaves. The state will unveil its first national television commercial in support of economic development on the CBS and Golf Channel networks during coverage of the second PGA TOUR’s Greenbrier Classic.

The golf event takes place July 25-31 at The Greenbrier in White Sulphur Springs. The state’s economic development commercial “Business at the Speed of Life” airs during Greenbrier Classic coverage on Thursday-Sunday on the Golf Channel and Saturday and Sunday on CBS. Click here to read more >

Lincoln County Making Plans To Spend Extra Coal Severance Tax Money
WOWK TV

During the special session, lawmakers passed a bill giving coal-producing counties more money from the coal severance tax.

HAMLIN -- Lincoln County leaders want to spend some of the extra money from the coal severance tax on extending water and sewer lines. They believe that could attract more business to the county, which would create more jobs. That's good news for Melissa Holstein, of Alkol. She wants better water and a better job. Click here to read more >

Lincoln County Becomes A Certified Business Location
WOWK TV

County leaders believe the designation will help attract new business.

HAMLIN -- The state has designated Lincoln County a Certified Business Location.
The certification means the county has passed the state criteria to assist and develop new business there. Plus, it will help the county get grants for economic development. Click here to read more >