Martinsville Bulletin, Inc.
P. O. Box 3711
204 Broad Street
Martinsville, Virginia 24115
Toll Free: 800-234-6575
Grant fund to help local firms
Friday, October 18, 2013
By FROM BULLETIN STAFF REPORTS -
A new grant fund program has been established to help manufacturers in Henry and Patrick counties and Martinsville.
A total of $172,000 was contributed so the GENEDGE Alliance can provide manufacturers technical assessments and help in creating strategies to cut their energy consumption, improve their production efficiencies and reduce their overall environmental impact — also known as their “E3” — according to a news release.
Companies interested in receiving an “E3 Assessment” from GENEDGE can call Joan Moore at (276) 224-4132.
Of the money, the Appalachian Regional Commission gave $100,000, the Virginia Tobacco Indemnification and Community Revitalization Commission provided $50,000, and GENEDGE contributed $22,000, the release said.
Ninth District U.S. Rep. Morgan Griffith, R-Salem, said the money will help companies improve their operations, “which will benefit not only the businesses and their employees, but also the local economies overall.
“The revival of robust manufacturing and the jobs that come with it are key for our economy,” Griffith said.
For the area surrounding Martinsville, “GENEDGE is very pleased to make available a proven method to assist manufacturers on their journey toward E3 sustainability,” said Interim Executive Director Bill Donohue.
Donohue said the program will provide expert assistance to improve the competitiveness among regional manufacturers.
The program is similar to ones already established in Danville-Pittsylvania County and Southwest Virginia, he said.
GENEDGE helps Virginia industries generate new market innovations, boost their performance and improve their competitive position. GENEDGE is the National Institute of Standards and Technology Manufacturing Extension Partnership (NIST MEP) affiliate for the state, according to the release.
The Appalachian Regional Commission is an economic development agency. The tobacco commission uses proceeds of the national tobacco settlement to promote the growth and development of communities whose economies once were heavily reliant on tobacco.