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LG proposes bringing idea factory to West Virginia

West Virginia officials are excited about a newly announced partnership with the international powerhouse LG, but it’s a challenge to explain what that will be like. LG is a household name because its products are likely to be in your household: televisions, home theater systems, refrigerators, washing machines. In West Virginia, though, LG’s product will be ideas. “These people are smart people. These people have got their act together,” Gov. Jim Justice said during a $700 million announcement this week. “They didn’t get to where they are by being just dodos. They ...

PACE Enterprises awarded FHLP-AHP grant

PACE Enterprises was recently awarded $750,000 from the Federal Home Loan Bank of Pittsburgh as part of the Affordable Housing Program. It will help fund the PACE Place Project. PACE Place will be a one-of-a-kind, 12-unit independent housing facility in Star City for individuals with disabilities. The additional voluntary pool of funding for 2023, which is separate and distinct from FHLBank’s required, statutory AHP, is provided to address the critical housing needs within FHLBank’s district. The Board of Directors of FHLBank approved $24.6 million in awarded grants under ...

LG plans offices in Morgantown, Huntington

West Virginia officials Wednesday welcomed an investment by LG, the international tech and electronics powerhouse. The investment is described as a strategic initiative to grow new business ventures in West Virginia and advance the development of technologies for renewable energy, healthcare and industries of the future. Gov. Jim Justice made the announcement along with other state and federal officials during a Wednesday afternoon gathering at the state Culture Center. Earlier in the day, the state Department of Economic Development voted in favor of a resolution to support ...

West Virginia ranks 40th for median RN pay; WVUM, Mon Health comment

MORGANTOWN – West Virginia ranks 40th nationwide for median annual pay for registered nurses, according to a report in Becker's Hospital Review. We asked WVU Medicine and Mon Health was that number might mean for them. First, a look at the numbers, derived from the U.S. Bureau of Labor ...