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.
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- DAVID DALLAS: Mr. McDaniel goes to Washington
- Moon River Foods creating 100 jobs in Mississippi Delta
- Judge to hear from True the Vote as McDaniel attempts to overturn loss to Cochran
- Weyerhaeuser investing $57M to modernize lumber mill
- Google chooses Mad Genius as example of Internet use
- Two BancorpSouth mergers delayed by federal inquiries
- Health officials identify another case of chikungunya virus
- Biloxi council approves $29M contract for baseball stadium construction
- Wasted away — Margaritaville in Biloxi to close by Sept. 19
- Cochran continues to question EPA over new regulations