Logan company gets development loan
CHARLESTON -- A Logan County equipment company that plans to expand has received a state loan.
Media outlets report the state Economic Development Authority approved an $885,000 loan Thursday to Holden-based Mining Repair Specialists.
The company specializes in rebuilding and manufacturing components for mining equipment. The company plans to use the loan to buy new equipment serving other industries and build a 20,000-square-foot building.
The company has 28 employees. The project is expected to bring nine new jobs.
The authority also approved a $78,000 loan for Philippi-based Blackheart International, a security and military tactical gear supplier. The company plans to buy a metal-cutting machine to make tactical gear and accessories.
Free webinar offered by law firm on health care
HUNTINGTON -- A webinar for employers on the Affordable Care Act will be hosted next week by the Huddleston Bolen law firm.
"The Affordable Care Act -- Where Do Employers Go from Here?" will be presented from 1-2 p.m. Wednesday, Feb. 27. It is free and open to the business community, and those interested should contact Tasha Viglianco at 304-691-8474.
The presentation will cover the current requirements of the act for employers and upcoming mandates. Huddleston Bolen LLP is a regional law firm with over 50 attorneys practicing in Huntington and Charleston, West Virginia and Ashland and Louisville, Ky.
Feds award $40M for ridding mining hazards
FRANKFORT, Ky. -- The Office of Surface Mining has awarded Kentucky a $40 million grant to eliminate environmental hazards caused by past coal mining.
The money will go to the Kentucky Division of Abandoned Mine Lands
The grants go to 28 coal-producing states annually. They're funded by a fee on mined coal and are intended to repair unstable slopes, eliminate acid mine drainage and restore damaged water supplies.
Kentucky Natural Resources Commissioner Steve Hohmann said the grant money has been used in past years to close mine shafts and portals, put out mine fires, eliminate dangerous highwalls and subsidence and to provide drinking water to residents in mining communities.