Furniture maker bringing plant to Virginia

by

Published: October 13,2011

Tags: expansion, furniture, jobs, manufacturing

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.

[RSS Feed] [del.icio.us]



To sign up for Mississippi Business Daily Updates, click here.

POST A COMMENT

 

FOLLOW THE MBJ ON TWITTER

Twang & Tourism: The Country Music Trail

Our annual "Come See Us" magazine offers ideas for spots in Mississippi ranging from golf to culture to history to food. Click the photo for ideas, stories and access to the digital edition of this year's magazine.

Top Posts & Pages

%d bloggers like this: