V-B to expand plant
Will invest $2 million, add 100 jobs
By Furniture Today Staff -- Furniture Today, March 16, 2009
GALAX, Va. — Bedroom and dining room producer Vaughan-Bassett Furniture will invest $2.15 million to expand its manufacturing facility here, creating 100 new jobs.
The expansion was announced by Virginia Gov. Timothy Kaine. The state competed against locations in North Carolina and Asia for the project.
“I am thrilled to announce the expansion of an important Virginia-founded company,” said Kaine. “The company has thrived in the commonwealth for nine decades and will continue to be an important employer and corporate partner in Southwest Virginia.”
Based here, Vaughan-Bassett was founded by B.C. Vaughan and J.D. Bassett Sr. in 1919. Employing more than 600 people in the Galax facility, Vaughan-Bassett produces more than 95% of its line in the United States, according to the company.
“We believe our employees here in Galax represent the finest furniture workforce in the world,” said Wyatt Bassett, president and CEO. “We are committed to growing our company, and that means we will need both more machines and more employees here in Galax to operate them.”
The Virginia Economic Development Partnership worked with the City of Galax and Virginia's aCorridor to secure the project. Kaine approved a $75,000 grant from the Governor's Opportunity Fund for the project, and the Virginia Tobacco Indemnification and Community Revitalization Commission approved $200,000. The Virginia Department of Business Assistance will provide training.
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