05 OctSpotsylvania EDA awards $32,500 in BIG grants
Spotsylvania’s Economic Development Authority last week awarded grants totaling $32,500 to three businesses for expansion projects in the county. Freeland Engineering received $10,000 to expand its Courthouse Road facility. Sunny’s Eco-Wash, which is outside the Spotsylvania Towne Centre, got $2,500 for an expansion. Vista Eye Specialists received $20,000 to acquire equipment for its new office […]
Read More ...02 OctLocal Eye Surgeon Buys Office and Expands Services
Fredericksburg-area ophthalmologist Dr. Binoy Jani last month purchased an office suite off State Route 3 in Spotsylvania County that will serve as his company’s new local home. Jani runs Vista Eye Specialists, which also has a Culpeper office that will be unaffected by the purchase. Jani will move his local office out of its current […]
Read More ...24 JulSpotsylvania sells bonds for record-low rate
Spotsylvania borrowed $17.4 million last week at an interest rate of 1.905 percent, the lowest rate in the county’s history. The county raised the money through a general obligation bond sale July 19. The money will be used for the planned Virginia Railway Express station and parking area project, and to refinance other debt that […]
Read More ...20 JulGM Powertrain Plant Holds Auction
An auction was held Thursday morning at the former GM Powertrain plant in Spotsylvania County to sell many of the machines and tools that were once used to make torque-converter clutches for vehicles with automatic transmissions. GoIndustry DoveBid Inc. conducted the auction, which was also available by webcast. The parking lot at the 300,000-square-foot Tidewater Trail […]
Read More ...19 JunSpotsylvania’s bond rating is upgraded
Spotsylvania County announced today that Fitch Ratings upgraded its bond rating from AA to AA-plus. The county maintained its strong bond ratings with the two other major crediting rating agencies, Moody’s and Standard & Poor’s. According to a county press release, Fitch wrote: “The upgrade reflects the county’s strong and improving financial position as well […]
Read More ...11 OctFirst BIG Grants Awarded
FOR IMMEDIATE RELEASE SPOTSYLVANIA ECONOMIC DEVELOPMENT AUTHORITY AWARDS FIRST TWO “BIG” PROGRAM GRANTS Spotsylvania, VA – October 11, 2011 — The Spotsylvania County Economic Development Authority (EDA) reviewed seven applications submitted for the $100,000 pool of funds authorized by the Spotsylvania Board of Supervisors, and awarded Business Incentive Grants to two companies which presented the […]
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