Home » NEWS » Manufacturing » Furniture maker bringing plant to Virginia

Furniture maker bringing plant to Virginia

NEW ALBANY — Furniture maker Albany Industries is planning to establish its first Virginia operation in Galax, creating 335 jobs.

Virginia Gov. Bob McDonnell said yesterday that the company would invest $2.5 million for the project. Albany Industries will revitalize a vacant property that formerly served as the B.C. Vaughan manufacturing facility.

McDonnell called the deal tremendous news for the region that has been hard hit by recent economic troubles.

The New Albany-based company founded in 1995 employs more than 450 people in a 500,000-square-foot manufacturing facility.

McDonnell approved a $300,000 grant from the Governor’s Opportunity Fund for the project. The Virginia Tobacco Indemnification and Community Revitalization Commission approved $680,000 in funds for the project. The company also will receive state funding and services to support recruitment and training activities.

BEFORE YOU GO…

… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Megan Wright

Leave a Reply

Your email address will not be published. Required fields are marked *

*