New Company May Bring Over 100 Jobs to Danville

Danville, VA - UVA researchers have created a company that could eventually create 127 jobs in Danville.The Virginia Tobacco Commission has approved a two million dollar research and development grant for Fermata Energy.Fermata is developing vehicle-to-grid bidirectional chargers, which will enable electric vehicles and plug-in hybrids to provide energy storage.Officials with the Tobacco Commission say if Fermata's research is successful, they plan on creating manufacturing jobs in Danville.