According to a press release, U.S. Commerce Secretary Gary Locke has awarded a $1.9 million Economic Development Administration grant to Blacksburg and the Virginia Tech Foundation, with a goal of expanding the Virginia Tech Corporate Research Center.
The release says the project will bring 2,000 jobs and $140 million in private investments to the CRC.
Congressman Rick Boucher said in the release that the CRC is expected to double in size.
More coming on this. Zc
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