The Martinsville (VA) Henry County Economic Development Corporation (EDC) and modular home builder Nationwide Custom Homes announce the expansion of the company’s production line by adding 59 employees, increasing output by 35 percent, with the set-up scheduled to be complete by the end of the year.
As demand grows for modular housing, Nationwide President Andy Miller said the $986,342 project involves extending the production line at one of the Rives Road sites, as wdbg7 tells MHProNews.
The first phase is anticipated to begin in 90 days and will require about six weeks to complete. The second phase is expected to take four weeks, but will not be accomplished until the fourth quarter, although the company has already added 15 employees to its 190 person work force. The company is set to add 20 workers in phase one and another 24 for phase two.
A $100,000 grant to help fund Nationwide’s expansion has been approved by the EDC, providing $50,000 for each of the two phases. “The EDC is pleased to assist Nationwide with this project and we appreciate their efforts and commitment to grow their operations in the City of Martinsville”, said Chris Beeler, Chairman of the EDC Board.
Mark Heath, CEO and president of the EDC, said the organization is also working with Virginia Jobs Investment Program t o pursue state job grants. He added, “We’ve been working with them off and on for years on different projects. Nationwide is one of the largest, if not the largest, manufacturer in the city and they want to expand their work force. The EDC board felt it was the right thing to do to support them and help retain their operations in our community.”
An operating division of Palm Harbor Homes, which is part of Phoenix-based Cavco Industries, Inc. (NYSE:CVCO), Nationwide produces modular housing for the single and multi-family residential markets as well as commercial buildings. ##
(Photo credit: Ferrum College–modular dormitory, Ferrum, VA)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.