More than 500 jobs lost with closing of Henry County furniture plant
Gov. Bob McDonnell (R) and Lt. Gov. Bill Bolling have issued a lengthy joint statement responding to an announcement today from Stanley Furniture will close a manufacturing plant in economically hard hit Henry County, putting 530 people out of work.
The company said it will outsource production of its adult furniture line overseas. in their statement, McDonnell and Bolling acknowledged the announcement is a blow to their efforts to revitalize the Virginia economy, particularly in manufacturing communities where the unemployment rate is significantly higher than in other parts of Virginia.
They called it a "a setback for the economy of Southern Virginia and personally devastating to the workers and families who will be impacted. Stanley Furniture's decision to close their Henry County plant is a disappointing development for a region that has long struggled with one of the highest unemployment rates in the Commonwealth."
Still, the two noted legislative efforts passed this winter to help spur job creation--including new tax credits for companies that create jobs. And they note there have been some positive economic announcements for the region in recent weeks as well: 250 new jobs created by Faneuil in Henry County and 160 new positions created by EcomNets at a new manufacturing center in Danville.
"We are committed to utilizing every resource available to create the new jobs these workers need, bring new employers to the region and turn the economy of Southern Virginia, and the entire Commonwealth, around. It is the foremost priority of our Administration," they said.
So far, we've also seen a statement on the plant closing from U.S. Rep. Tom Perriello. "We are devastated by this news, and my staff and I pledge to do everything we can to help the families and community of Martinsville-Henry County through this painful transition," he said.
May 12, 2010; 6:18 PM ET
Categories: Rosalind Helderman | Tags: Bob McDonnell, Stanley Furniture, Virginia
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