# West River Conveyors to expand Oakwood facility with $1.225M loan

West River Conveyors and Machinery Company received a $1.225 million loan from VCEDA to expand its Oakwood, Virginia facility by 8,000 square feet, add equipment, and create 12-15 jobs over 10 years.

- Type: Expansion
- Announced: 2020-03-13
- Where: Oakwood, Buchanan County, Virginia, United States
- Value: $1.23M
- Jobs: 15
- Status: announced
- Products: conveyors, machinery
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [West River Conveyors and Machinery Company](https://endata.com/companies/45947.md)
- [Virginia Coalfield Economic Development Authority](https://endata.com/companies/45948.md) (investor)

## Sources

- [vceda.us](https://vceda.us/vceda-closes-on-1-225-million-loan-for-west-river-conveyors-and-machinery-co-expansion/), 2020-03-16: "This expansion is part of our growth strategy which has been developed over the past two years."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.