Virginia is a great place to live, with its mix of rich history, diverse recreation options, exciting urban areas, and its quintessential Southern charm.
Innovairre Communications, LLC to expand operations; create at least 12 new jobs
The Tobacco Region Opportunity Fund (TROF) provides performance-based monetary grants and loans to localities in Virginia’s tobacco-producing regions (34 counties and six cities in southern and southwestern Virginia as defined by the Virginia Tobacco Region Revitalization Commission). These grants and loans assist in the creation of new jobs and investments, whether through new business attraction or existing business expansion and are awarded at the Commission’s discretion.
Foreign trade zones allow businesses to defer paying U.S. Customs duties on imported goods held within the zones until the goods enter the United States for domestic consumption. No duties are paid if goods are re-exported. Companies also receive the benefit of not having to pay duties on broken or scrapped product. Businesses are allowed to store goods within FTZs for an unlimited period of time.