More on the New Wise County Power Plant
A new Virginia Tech study breaks the numbers down.
"Planned to be operational in 2012, the coal-fired power plant is expected to provide a big boost to Southwest Virginia’s economy. Construction began in early summer on the $1.8 billion facility, and the four-year construction phase alone will employ up to 800 workers drawing an average salary of better than $41,000 each, a projected annual “ripple” effect into the local economy of about $150 million.
Each construction worker provides a value of nearly $100,000 annually into the local economy, according to a Virginia Tech study on the economic impact of the power plant. The same study projected new tax revenues for Wise County and St. Paul at around $6 million annually." Link
I'm heading that way today and I will post pictures of the plant site this evening