BOONES MILL CUTS RIBBON ON NEW FACILITY
Renovated Factory Site Becomes Village Park at Boones Mill
Richmond, VA – The Town of Boones Mill held a ribbon cutting today to mark the completion of renovations on a 50,000 square foot industrial building, located at the 73 acre Village Park at Boones Mill site, to create a modern business facility. Formerly the location of a manufacturing plant, the site sat unused for a number of years before the town purchased the property. Two tenants, Titan Trains and Liquid Performance, are set to occupy the facility. Titan Trains makes 1/8 scale locomotives and cars with accurate historical and contemporary details, selling them to collectors and parks around the world. Liquid Performance makes vehicle cleaners and engine additives on its own brand and private labels. Each firm employs about 10 people. The site is also home to the town office, the historic train depot, hiking trails, and nine small businesses, including the Foothills Produce Auction. Additional space is available for lease in the industrial building.
The Tobacco Commission announced a $10,000 Tobacco Region Opportunity Fund grant to support the Liquid Performance upfit which will bring 2 new jobs and $475,000 in capital investment. Since 2012 the Commission has also awarded $638,280 in Economic Development funds to assist with the building renovation as well as $20,000 in AgriBusiness funds to renovate the year round farmers market located on the 73 acre site.
Tobacco Commission Chairman, Delegate Terry Kilgore said, “Congratulations to Boones Mill on the opening of this new facility. Improving an existing asset to attract new businesses and jobs to an area is the kind of project the Commission is happy to support and the investment made in this facility will pay dividends for years to come.”
Attracting businesses to the region is one of the primary goals of the Tobacco Commission as we strive to develop a diverse economy in Southern and Southwest Virginia. Projects like this one that turn existing facilities into marketable assets that localities can use to attract new businesses are a perfect example of strategic investments that will pay dividends for years to come.
Boones Mill Mayor, Ben Flora said, “The Tobacco Commission’s assistance continues to be essential, not only for our own specific projects, but for the “ripple effects” occurring locally as well. This partnered investment envisions a more vibrant and viable economic consistency for our town, changing this community for the better.”
Contact: Jordan Butler
Telephone: 804-786-7692
Cell: 757-692-0878
Email: jordan.butler@tic.virginia.gov
Website: www.tic.virginia.gov
FOR IMMEDIATE RELEASE
4/18/17