The Register-Herald, Beckley, West Virginia

State News

February 23, 2013

Firms get economic development loans

CHARLESTON — A Logan County equipment company that plans to expand has received a state loan.

Media outlets report the state Economic Development Authority approved an $885,000 loan Thursday to Holden-based Mining Repair Specialists.

The company specializes in rebuilding and manufacturing components for mining equipment. The company plans to use the loan to buy new equipment serving other industries and build a 20,000-square-foot building.

The company has 28 employees. The project is expected to bring nine new jobs.

The authority also approved a $78,000 loan for Philippi-based Blackheart International, a security and military tactical gear supplier. The company plans to buy a metal-cutting machine to make tactical gear and accessories.

1
Text Only
State News
Helium debate
Helium
AP Video
Power to Be Restored After Wash. Wildfire Crashed Air Algerie Plane Found in Mali Israel Mulls Ceasefire Amid Gaza Offensive In Case of Fire, Oxygen Masks for Pets Mobile App Gives Tour of Battle of Atlanta Sites Anti-violence Advocate Killed, but Not Silenced. Dempsey: Putin May Light Fire and Lose Control Arizona Prison Chief: Execution Wasn't Botched Calif. Police Investigate Peacock Shooting Death Raw: Protesters, Soldiers Clash in West Bank Police: Doctor Who Shot Gunman 'Saved Lives' 'Modern Family' Star on Gay Athletes Coming Out MN Twins Debut Beer Vending Machine DA: Pa. Doctor Fired Back at Hospital Gunman Raw: Iowa Police Dash Cam Shows Wild Chase
Twitter Updates
Follow us on twitter