It’s been two years since Massanutten Technical Center has been able to host its annual career fair, an event that became so large it had to be moved from MTC
Shenandoah Valley Hemp LLC will invest nearly $3.3 million to establish an industrial hemp fiber processing and cannabidiol oil, or CBD, extraction facility in Elkton, according to Gov. Ralph Northam.
Northam announced the investment in a news release Monday, stating Shenandoah Valley Hemp will do business under the name Pure Shenandoah. The new facility is located in the historic Casey Jones building in downtown Elkton off Spotswood Avenue.
An expected 24 jobs will be created as part of the investment, Northam states in the release.
Elkton Mayor Joshua Gooden said the town is excited to continue working with the Johnson family and the Pure Shenandoah team, adding the business offers new and innovative products to Virginia.
Shenandoah Valley Hemp Locates Industrial Hemp Fiber Plant in Elkton, Virginia areadevelopment.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from areadevelopment.com Daily Mail and Mail on Sunday newspapers.
Industrial hemp company to invest $3.3 million to establish facility in Virginia The company will create 24 new jobs and will purchase 100 percent of its industrial hemp from Virginia growers. By WHSV Newsroom | December 28, 2020 at 4:34 PM EST - Updated December 28 at 5:27 PM
RICHMOND, Va. (WHSV/Office of Gov. Northam Press Release) â According to a press release from Governor Ralph Northamâs office, Shenandoah Valley Hemp, LLC, doing business as Pure Shenandoah, will invest nearly $3.3 million to establish an industrial hemp fiber processing and cannabidiol oil extraction facility in the Town of Elkton.
The release says the company will create 24 new jobs and will purchase 100 percent of its industrial hemp from Virginia growers. The release says this will result in nearly $5 million in payments to Virginia farmers over the next three years.