Dec. 24—BLUEFIELD, Va. — Twenty new jobs and $575,200 in private investment are projected to be coming to Tazewell County in the next two years as a result of an expansion at AMR PEMCO in Bluefield, Va., made possible in part by an up to $447,200 low-interest loan by the Virginia Coalfield Economic Development Authority (VCEDA).
The loan was closed on Dec. 21, VCEDA officials said.
The funds will be used to finance the purchase of equipment and machinery and to make building renovations, expansions and improvements to increase production space and to improve production efficiencies at the company’s manufacturing facility at 1960 Valley Dale Street in Bluefield.
The company currently has 88 full-time employees at the Bluefield, Va. facility, but projects that number will increase to 108 within two years, VCEDA officials said.
“Assisting our existing businesses in VCEDA’s e-Region to…
