Washington, March 23 -- Congressman Morgan Griffith issued the following press release:
The U.S. Department of Agriculture (USDA) has approved a loan guarantee of $7,568,000 to Twain Capital. While based in Mississippi, Twain Capital will focus on acquiring and restarting the idle Pine Products Sawmill in Martinsville, Virginia. The funding will support the facility in resuming its operations. U.S. Congressman Morgan Griffith (R-VA) issued the following statement:
"The USDA is relying on communities like those in Virginia's Ninth District to support expanded timber production in the United States.
"This USDA loan guarantee for more than $7.5 million helps Twain Capital revive an essential industry in Virginia's Ninth District."
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