S&S Transporters (S&S), represented by founder W. Scott Frye and senior leader W. Alex Frye and the Blue Ridge Crossroads Economic Development Authority (BRCEDA), have reached an agreement that results in S&S becoming the first business to locate its operations at Wildwood Commerce Park.
Wildwood is located just off Interstate 77’s Exit 19 in Carroll County. The company intends to build a facility that will be both its headquarters and operations center.
The Virginia Tobacco Region Revitalization Commission facilitated the arrangement with a Tobacco Region Opportunity Fund (TROF) grant arranged through the Carroll County Industrial Development Authority (IDA). The grant is $125,000 along with an interest-free loan of an additional $125,000. BRCEDA is selling S&S a five-acre parcel in the Commerce Park to expand their business in the region. S&S Transporters has committed to create 20 new jobs, in addition to those it already employs, and make at least $5.2 million in new private capital investment over three years as part of the TROF agreement.
“New business opportunities are giving us the chance to expand our business very rapidly,” said S&S Founder and President Scott Frye. “We believe in our region and are excited to work with BRCEDA and the Carroll County IDA to expand our operations in Wildwood.”
BRCEDA chairman CM Mitchell affirmed BRCEDA’s commitment to helping S&S attain it goals.
“We have worked closely with Carroll County and the Virginia Tobacco Commission to support this deal coming together,” Mitchell said. “We could not be more pleased to have a quality local business with a strong reputation breaking the ice at Wildwood.”
Carroll County Administrator and IDA Executive Director Steve Truitt said “It has been a pleasure working with Scott Frye and his team on this exciting project. He is a consummate professional who really know his business. I am really excited for all of us here in Grayson, Galax and Carroll.”
“It’s great news that S&S Transporters has chosen Wildwood Commerce Park as their new home,” said Tobacco Commission member and Senator Bill Stanley. “The Tobacco Commission has concentrated on making long term investments in Southern and Southwest Virginia that will pay dividends for years to come, including Wildwood. I am pleased that the Commission chose to support this project both through our investment in Wildwood and our grant for S&S and I wish them the best as they expand their business here in Carroll County.”
About S&S Transporters: S&S Transporters was founded by president W. Scott Frye in 1986. The company’s roots are in moving mobile homes. The business soon expanded to be a general for hire carrier, with much of its business serving the produce and food and beverage industries, providing refrigerated trailers. A few of S&S’ larger customers are Pepsi, Gatorade and Virginia Produce.
About BRCEDA: The Blue Ridge Crossroads Economic Development Authority is a regional partnership among Grayson County, the City of Galax, and Carroll County. Its primary industrial development initiative has been the creation of Wildwood Commerce park. In addition, BRCEDA focuses on small business creation through loan programs and educational efforts. 137 local businesses have secured over $40 million in capital, leading to the creation or preservation of 600 jobs. BRCEDA has also helped secure funding for many vital infrastructure projects, including the Wired Road Broadband Authority, the Fries Revitalization Project, and Fancy Gap water and sewer development.
About the Virginia Tobacco Region Revitalization Commission: The Tobacco Region Revitalization Commission is a 28-member body created by the 1999 General Assembly. Its mission is the promotion of economic growth and development in tobacco-dependent communities, using proceeds of the national tobacco settlement. To date, the Commission has awarded 2,102 grants totaling more than $1.1 billion across the tobacco region of the Commonwealth, and has provided $309 million in indemnification payments to tobacco growers and quota holders.
About the Carroll County Industrial Development Authority (IDA): The Carroll County IDA facilitates the attraction and retention of business to Carroll County, particularly in instances requiring the development of real estate and other capital investment. The IDA furthers its objectives through the development of publicly-owned industrial parks and financing assistance for the attraction of new or expansion of existing industry within the County. The IDA is composed of a seven-member Board of Directors appointed by the Board of Supervisors for staggered four-year terms.