H&V to Create 25 Jobs in Floyd County

Hollingsworth & Vose to Expand and Create 25 Jobs in Floyd County

Global Advanced Materials Manufacturer to invest $40.2 million, create 25 jobs in Floyd County

Governor Glenn Youngkin today announced that Hollingsworth & Vose (H&V), a global manufacturer of advanced materials used in filtration, battery, and industrial applications, will invest $40.2 million to expand its operation in Floyd County. The company will add over 28,000 square feet to its facility at 365 Christiansburg Pike Northeast to accommodate new production equipment to meet increased demand. Virginia successfully competed with Georgia for the project, which will create 25 new jobs.

“Hollingsworth & Vose has generated positive economic impact and job opportunities in Floyd County for more than four decades, and this significant investment further solidifies the company’s commitment to Virginia,” said Governor Glenn Youngkin. “Businesses with a long history of expansion in the Commonwealth offer powerful testimonials on why a Virginia location is a foundation for success, and we look forward to a continued partnership with H&V.”

“Hollingsworth & Vose has played a role in the success of Virginia’s advanced materials industry over the past 46 years, and we are thrilled to support this important corporate partner’s expansion in Floyd County,” said Secretary of Commerce and Trade Caren Merrick. “The company’s continued investment is a strong testament to the New River Valley’s strategic location and business-friendly environment, and we thank H&V for creating high-quality jobs in Floyd County.”

”[Hollingsworth & Vose]’s continued investment is a strong testament to the New River Valley’s strategic location and business-friendly environment, and we thank H&V for creating high-quality jobs in Floyd County.”
– Caren Merrick, Virginia Secretary of Commerce and Trade

“We’ve been a part of the Floyd, Virginia community since 1976. This facility is essential to serving both our global and domestic customers,” said Josh Ayer, CEO of H&V. “We chose Virginia for this expansion because of its positive business environment and strong support from the Commonwealth of Virginia and Floyd County.”

“We’ve been a part of the Floyd, Virginia community since 1976. This facility is essential to serving both our global and domestic customers. We chose Virginia for this expansion because of its positive business environment and strong support from the Commonwealth of Virginia and Floyd County.”
– Josh Ayer, Hollingsworth & Vose CEO

“We are delighted to continue to support Hollingsworth & Vose’s growth in Floyd County. Their new investment is over three times bigger than the largest private investment in our county’s 191-year history,” said Joe Turman, Chairman of the Floyd County Board of Supervisors.

“The Hollingsworth & Vose expansion will provide crucial jobs for our Floyd families and enable us to keep more of our families working here at home,” said Delegate Marie March. “We are a hard-working community and believe that this company understands the loyalty and dedication that workers here in SWVA bring to their business. I happily welcome this investment and expansion to our economy. Private enterprise ventures always reward and benefit our local community.”

With incorporation dating back to 1892 and headquartered in East Walpole, Massachusetts, H&V’s advanced materials contribute to a cleaner world through products that provide clean air, clean liquids, and energy storage. The company has been family-owned for seven generations. In 1976, H&V established its first Virginia facility in Floyd County and employs over 200 workers.

The Virginia Economic Development Partnership worked with Floyd County to secure the project for Virginia. Governor Youngkin approved a $558,700 grant from the Commonwealth’s Opportunity Fund to assist Floyd County with the project.

Read the Governor’s press release here.

###

Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small-town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

2022 NRV Awards and Accolades

Celebrate the NRV with 2022 Awards and Accolades

New River Valley, VA – The NRV is a great place to live, work, and do business, and because of that fact, the region was celebrated throughout 2022. Below is a list of just a few of the accolades and awards won this year by the NRV’s counties, city, towns, schools, businesses, and universities.

Regional Rankings

10 Most Popular NRV Blog Posts of 2022

10 Most Popular NRV Blog Posts of 2022

New River Valley, VA – 2022 was an exciting year in the New River Valley! Explore the ten most popular blog posts of the year from TheNRV.org. The following posts had the most pageviews online.

10. The Future of Trucking Arrives in Pulaski

This post highlighted a Cardinal News article about Trova CV, an NRV start-up company working to transform existing diesel trucks to electric trucks.

9. Financial Agreement Reached in NRV Passenger Rail Expansion

The Virginia Passenger Rail Authority and Norfolk Southern announced the financial closing of the agreement which will help bring passenger rail to the NRV within the next few years.

8. World’s Largest 3D Printing Project Finds a Home in Pulaski County

Alquist 3D announced a project to construct 200 3D-printed housing units in Pulaski. It was dubbed the “world’s largest 3D printing project”.

7. Great Ways to Turn Fall into Fun in the NRV

Explore ten things to do in the fall in New River Valley in this popular blog post!

6. Volvo Lands Largest VNR Truck Order to Date

It was announced in March that Performance Trucks, a California-based logistics company, ordered 110 of Volvo’s VNR electric trucks to be manufactured in the company’s NRV factory.

5. Amenities and Recreation Pave the Way for a Renaissance in Pulaski

This blog post featured a Cardinal News piece, titled “Pulaski Reinventing Itself”, which explored the work being done to improve and develop amenities throughout the Town of Pulaski.

4. Radford’s Highly Anticipated Highlander Hotel Set to Open Soon

This blog post highlighted a Virginia Business magazine article promoting the upcoming opening of Radford’s new Highlander Hotel. The hotel and conference center is scheduled to open in Spring 2023.

3. Three NRV Businesses Named Best Places to Work in VA

Modea, Aeroprobe, and Community Housing Partners were all named on the 12th annual list of best places to work in Virginia by Virginia Business magazine.

2. Industry and Jobs Flowing into the New River Valley

This blog post celebrated four 2021 business announcements throughout the New River Valley that were featured in a Virginia Business magazine article. In total, the four announcements brought 274 new jobs and over $29 million in capital investment to the region.

1. Passenger Rail Station Proposed for Former NRV Mall Site in Christiansburg

The most popular blog post of 2022 highlighted an article from The Roanoke Times detailing that the proposed NRV passenger rail station would be in one of two locations at Uptown Christiansburg development (formerly the NRV Mall).

###

Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small-town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

SWVA BioChar to Expand and Create 15 New Jobs in Floyd County

SWVA Biochar to Expand and Create 15 Jobs in Floyd County

SWVA Biochar to invest $2.6 million, create 15 jobs in Floyd County

Governor Glenn Youngkin today announced that SWVA Biochar, a leading producer of premium biochar in the Southwest Virginia region, will invest $2.6 million to increase capacity at its operation in Floyd County. Biochar is a highly absorbent, specially produced charcoal with unique properties originally used as a soil amendment and is thought to be the key component in a carbon-negative strategy to resolve several current ecological challenges. The company will make updates to its facility at 209 Sams Road Southeast and add new equipment, including several new kilns. The project will create 15 new jobs.

“SWVA Biochar is creating an innovative product from biomass that has the potential to be applied to multiple industries while also making a positive impact on the environment,” said Governor Glenn Youngkin. “Startups and small businesses are critical to job creation, and this young company is benefitting from Virginia’s entrepreneurial ecosystem. We are doubling down to ensure an economy that encourages innovation and look forward to supporting SWVA Biochar’s future success in Floyd County.”

“Startups and small businesses are critical to job creation, and this young company is benefitting from Virginia’s entrepreneurial ecosystem. We are doubling down to ensure an economy that encourages innovation and look forward to supporting SWVA Biochar’s future success in Floyd County.”
– Governor Glenn Youngkin

“Virginia’s collaborative environment and skilled workforce bolster newer businesses like SWVA Biochar that are creating jobs for the future,” said Secretary of Commerce and Trade Caren Merrick. “As we work to catalyze the growth of startups across the Commonwealth, we celebrate SWVA Biochar’s success and are proud to support the company through the Virginia Jobs Investment Program.”

“Virginia’s collaborative environment and skilled workforce bolster newer businesses like SWVA Biochar that are creating jobs for the future.”
– Caren Merrick, Secretary of Commerce and Trade

“SWVA Biochar worked with expert partners at James Madison University and in Colorado to determine that demand for quality biochar is high along the East Coast and overseas in Great Britain and other European countries,” said Jack Wall, SWVA Biochar Manager. “Virginia’s plentiful, high-quality biomass resources to make biochar and biochar-infused compost, as well as the markets for biochar products around the Commonwealth, are unlimited. These resources, along with a vibrant agriculture environment and a skilled and available workforce, were an obvious recipe for a successful business made possible through the support and cooperative relationships we have in Virginia.”

Founded in 2021, SWVA Biochar produces highly absorbent, specially produced charcoal with a wide variety of environmentally positive applications and carbon sequestering properties. SWVA Biochar is committed to making a positive impact on the environment and playing a role in the reversal of climate change and utilizes a specialized manufacturing process that converts biomass into premium biochar material used for filtration systems and as a soil conditioner. The company’s biochar is produced using biomass obtained from Virginia companies.

The Virginia Economic Development Partnership will support SWVA Biochar’s job creation through the Virginia Jobs Investment Program (VJIP), which provides consultative services and funding to companies creating new jobs in order to support employee recruitment and training activities. As a business incentive supporting economic development, VJIP reduces the human resource costs of new and expanding companies. VJIP is state-funded, demonstrating Virginia’s commitment to enhancing job opportunities for citizens.

Read the Governor’s press release here.

###

Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small-town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

Great Ways to Turn Fall into Fun in the NRV

New River Valley, VA – September is a beautiful month in the New River Valley. Daytime temperatures remain summer-like, while crisp evening air subtly transforms the rich green hillsides, mountainsides, and roadsides into vibrant shades of yellow, orange, and red. Autumn is the perfect time of year to gather with friends and family and explore the region’s many wonders. So, join us as we explore Fall in the NRV! The list below has something for everyone, from exciting events to scenic adventures.

1. Sinkland Farm

Image courtesy of Sinkland Farm

Celebrating its 31st season, the fan favorite Sinkland Farms puts on a Pumpkin Festival that is unrivaled in the region. This year, the festival runs from September 23rd to October 30th and celebrates all things Fall. Featuring live music, local vendors, hayrides, and a dizzying corn maze, the Pumpkin Festival is an NRV staple that has something for everyone.

2. Doe Creek Farm

Apples have been grown on Doe Creek Farm for over 100 years. The pick-your-own apple orchard is perfect for kids and the “dwarf trees” allow even the smallest family member a piece of the action. Doe Creek is open every Saturday beginning 9/9 and ending when the fruit has been cleared from the trees. Check their website before you go to make sure you are up to date on hours and accepted forms of payment.

3. Virginia Tech Football

Image courtesy of Virginia Tech Athletics

It can’t just be a coincidence that football rhymes with Fall! Gameday in Blacksburg is one of the Towns great experiences. Even those not into the sport can enjoy the sights and sounds of 66,000 dedicated fans cheering on the Hokies. The fervor created during the team’s entrance song, Metallica’s famous Enter Sandman, has registered as a small earthquake on the Richter Scale.

4. Highlanders Festival

Image courtsey of Radford University

Celebrating its 25th year, the Highlanders Festival is a partnership between the City of Radford and Radford University. The festival began in the mid-1990s with a modest crowd of 3,000. It has since tripled in size, and now attracts an estimated crowd of 10,000. You don’t even have to be of Scots-Irish origin to attend (although if you plan to don a kilt, it helps). The Blue Ridge Mountains of Southwest Virginia provide a beautiful backdrop for the fall festival and the events are awe-inspiring! The festival is held on 10/8 and is open to the general public with free admission.

5. Mabry Mill

Image courtesy of Jeremy Riffe

Located along the Blue Ridge Parkway, the sights and sounds of rural Appalachia fill the air at Mabry Mill during the Fall. The old mill makes for a great “leg-stretching” spot for Parkway travelers and features cultural demonstrations, and a decades-long tradition of Sunday afternoon music.

6. Iron Heart Winery

Stock Image

Iron Heart Winery lives on a farm and was founded by a father-son team. Located in Pulaski County and built from the ground up, the farm’s history dates to America’s Industrial Revolution, circa 1882. The winery is a model of agro-tourism with a diverse array of activities and experiences that can be tailored to fit the needs of just about any guest. From cabin rentals to weddings, Iron Heart Winery is a must-see for a Fall trip in the NRV.

7. Pete Dye River Course

Fall is the perfect time of year to hit the links. The NRV is home to the stunning Pete Dye River Course. Located near the City of Radford, the 18-hole course is one of the best in the region. Sunshine, cool air, and fairways bordered by the beautiful New River make the River Course an easy pick for our Fall list!

8. New River Trail State Park

Image courtesy of Jeremy Riffe

New River Trail is a 57-mile linear park that follows an abandoned railroad right-of-way. The park parallels the scenic and historic New River for 39 miles and passes through four counties and the Town of Pulaski. The trail’s gentle slope makes it great for visitors of all ages to hike, bike, and ride horseback.

9. Floyd Music in the Mountains Concert Series

Image courtesy of the Town of Floyd

Music in the Mountains is a concert series that is sure to capture the ear of the music lover in your life. Fall in Floyd is perfect and the addition of local artists serenading as the sun sets is about as good as it gets. Put a priority on this series as the last date is at the end of September. Do not fret if you miss it this year however, the series wil be back in full swing beginning June 2023.

10. Hiking the Applachain Trail

Photo courtesy of Alyssa Moody

Giles County is an outdoor lovers mecca. The county boasts multiple access points to the Appalachian Trail and offers hikes for all skill and ability levels. For those who would like to notch off a piece of the AT without breaking a sweat, the Pearis Cemetery Trail is a fantastic option. Located just outside of the Town of Pearisburg, the trail is level and mostly gravel. There are even a couple of benches for sitting and soaking up the Fall colors. Budget about an hour (at a leisurely pace) for the out-and-back trail.

Find more things to do each day on our Community Calendar powered by Next3Days.

Click here to find out why the NRV is a great place to live, work, and do business.

###
Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small-town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

Business Facilities Ranks the NRV #8 in Recovery Jobs Growth for 2022

VIRGINIA’S NEW RIVER VALLEY – The Blacksburg-Christiansburg-Radford MSA (also known as Virginia’s New River Valley or the NRV) made the Business Facilities list of top-ranked locations (metro) in the category of Best Recovery Metro Areas.

The region secured the #8 spot on the list with a strong showing in the “Recovery Metro Areas” category. The ranking comes by way of the largest percentage gain in total employment from May 2021 to May 2022 based on U.S. Bureau of Labor and Statistics data.

Image courtsey of Business Facilities

The state of Virginia posted a strong showing in BF’s 2022 State Rankings Report, earning a #2 spot for Best Business Climate, #1 for Best Tech Talent Pipeline and Best Cyber Security, and #2 For Best Customized Workforce Training.

The NRV has an excellent workforce that is fueled by great higher education institutions like Virginia Tech, Radford University, and New River Community College. Plus, the endless lifestyle amenities make it an excellent place to live.

For more information, visit Virginia’s New River Valley.

###

Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

 

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

 
FloydFest Featured in 2022 Blue Ridge Festival Guide

FloydFest Featured in 2022 Blue Ridge Festival Guide

Floyd County, VA – FloydFest is considered one of the “best events in the Blue Ridge” this summer according to Blue Ridge Outdoors magazine. The festival was featured in the magazine’s 2022 Blue Ridge Festival Guide. The 2022 festival will take place from July 27-31.

Here’s what the Blue Ridge Festival Guide had to say about FloydFest:

“The multi-stage musical blowout features one of the best curated musical line-ups in the region—mixing national mainstays with regional upstarts… Set on a beautiful 80-acre mountain plateau right off the Blue Ridge Parkway, FloydFest also offers a nice variety of adventure programming, including mountain biking, trail running, hiking, disc golf, and a wilderness skills workshop.”

Explore the 2022 Blue Ridge Festival Guide from Blue Ridge Outdoors here.

See the full FloydFest ’22 festival lineup here.

Learn more about Floyd County, a community in Virginia’s New River Valley, here.

###

Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small-town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

New River Valley Ranks #3 for Tech Jobs Growth in the U.S.

New River Valley, VAAxios recently published an article titled “The New Tech Hubs”. The article features data from The Brookings Institute and details that tech jobs in the New River Valley grew by more than 12% from 2019 to 2020 making the region the 3rd highest for rate of growth in the entire U.S.

The Axios piece quotes Brookings’ Mark Muro, a co-author of the report saying;

“Tech jobs drive innovation, pay well, and have substantial multipliers, for local economies and the national one.”

Source: Brookings Institute analysis of Emsi Burning Glass Data

The Brookings report went on to outline the necessity of state funding as it relates to continued growth within the sector. “Renewed state investments in public higher education will be necessary in building up new tech hubs”. The writers go on to recommend four things to ensure strong growth within the tech sector:

Click here to learn more about the tech industry in Virginia’s New River Valley.

###

Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

Floyd Regional Commerce Center

Floyd County Receives Nearly $1 Million for Site Development

Floyd County, VA– U.S. Senators Mark R. Warner and Tim Kaine announced $971,639 in federal funding from the Appalachian Regional Commission (ARC) awarded to the Economic Development Authority of Floyd County to develop the Floyd Regional Commerce Center.

The funds will be used to construct an access road, an industrial cul-de-sac, and a pedestrian and bike path that will stimulate economic growth and support the creation of an estimated 130 new jobs in the region.

The press release sent from Senator Tim Kaine’s office garnered praise for Floyd County from both senators. “We’re pleased to see Floyd County receive this additional federal resource to finish construction of a new access road,” said the Senators. “This funding will create good-paying jobs and bolster economic development in the region.”

The funding is in addition to the more than $1 million in federal assistance that Senators Warner and Kaine announced in September 2017.

Here is more detailed information about the Floyd Regional Commerce Center:

PROPERTY OVERVIEW:

  • Floyd Regional Commerce Center is a 169-acre, publicly-owned industrial park located in Floyd, VA (Floyd County)
  • Phase II is 51-acre site and can accommodate a 137,000 SF building
  • Major utilities available to the site include water (8″ water line), waste water (8″ gravity feed line), electric (100 MW substation onsite), and broadband (redundant fiber with multi-gigabyte service)
  • Floyd Regional Commerce Center is 20.3 miles from I-81 Exit 114 via VA Route 8
  • Close proximity to colleges: Radford University (35 mins.), Virginia Tech (40 mins.), New River Community College (45 mins.)
  • Total population within a 60-minute commute: 570,879 people
###

Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small-town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

Phoenix Hardwoods to Expand and Create 8 Jobs in Floyd County

~Artisan furniture manufacturer expands production, opens storefront in historic heart of the Town of Floyd~

RICHMOND – Governor Ralph Northam today announced that Phoenix Hardwoods, Inc., an artisan manufacturer of high-quality furniture and home goods made exclusively from Virginia-grown hardwoods, will expand its production facility in the county and open a new retail storefront in the historic Farmer Supply store in the heart of downtown Floyd.

The new retail and manufacturing space will enable the company to grow its product line, improve production efficiencies and better serve its customers. The project will create eight (8) career focused positions, lead to $100,000 in new capital investment and allow the company to purchase an additional $76,000 of Virginia-grown hardwoods over the next three years.

“Phoenix Hardwoods makes such beautiful furniture,” said Governor Ralph S. Northam. “Each piece displays the essence of the tree, sourced near Floyd, celebrating the Blue Ridge, and made right here at home in Virginia. Our team has worked hard over four years to bring business opportunities across Virginia, and we are working hard until the very end. We’ve pushed to recruit large, global companies to Virginia–attracting more than $80 billion in new investment and 100,000 new jobs–but we get really excited about the small, family-run Virginia companies, like Phoenix Hardwoods.”

“Phoenix Hardwoods makes such beautiful furniture. Each piece displays the essence of the tree, sourced near Floyd, celebrating the Blue Ridge, and made right here at home in Virginia.”
– Governor Ralph Northam

Established in 2002 by Bill and Corinne Graefe, Phoenix Hardwoods built its reputation through high-quality, artisan-crafted hardwood furniture and home goods. After nearly twenty-years in business, the founders were retiring and planning to close the company. In January 2020, longtime friends of the Graefe’s, Jeff and Annie Armistead, acquired the business. It was a perfect match with Jeff, a lifelong conservationist, and Annie, a local artist and gallery owner. Their desire was to continue what had become a loved and well-respected local business. They are passionate about retaining true handmade artisan craftsmanship which is rich in Floyd and part of the draw to this truly unique community. In addition to keeping the facility and retaining their team of talented young artisans, the company’s retail expansion into the Town of Floyd is breathing new life into the old Farmer’s Supply store, a Floyd landmark that opened in the 1930’s and closed in late 2020.

“As someone who grew-up in the Appalachian woodlands of Craig County, Virginia’s hardwood forests have always held a special place in my heart. I am thrilled that we are able to partner with a community like Floyd County to support a company like Phoenix Hardwoods as both appreciate Virginia’s hardwood resources as much as I do,” said Secretary of Agriculture and Forestry Bettina Ring. “As it is through a deep appreciation of our forests and the beautiful products that come from them, like those created by the artisans of Phoenix Hardwoods, that we are able to grow markets for Virginia’s forest landowners and support sustainable forest management and restoration of our forests.”

“As it is through a deep appreciation of our forests and the beautiful products that come from them, like those created by the artisans of Phoenix Hardwoods, that we are able to grow markets for Virginia’s forest landowners and support sustainable forest management and restoration of our forests.”
– Bettina Ring, Virginia Secretary of Agriculture and Forestry

The company saws, planes, and finishes local hardwood logs and lumber to handcraft fine live edge furniture and accessories. Their mission is to create high end generational pieces that become more valuable once they leave the shop. Their product assortment ranges from custom tables of all kinds beds, stools, chests, live edge mirrors, desks, kitchen goods, and home accessories. Moving the retail gallery to town will increase customer exposure and broaden their reach. Wholesale products, such as laser cut custom logo cutting boards, is a new and growing part of the business.

“As a lifelong conservationist, I’m overwhelmed and elated to receive this AFID grant,” said Phoenix Hardwoods President Jeff Armistead. “This will allow Phoenix Hardwoods to expand and continue our work with Virginia’s sustainable natural and human resources, trees, and jobs.”

The Virginia Department of Agriculture and Consumer Services (VDACS) worked with Floyd County and the Floyd County Economic Development Authority to secure this project for the Commonwealth. Governor Northam approved a $10,000 grant from the Governor’s Agriculture and Forestry Industries Development (AFID) Fund, which Floyd County will match with local funds.

“The Floyd County Board of Supervisors and the Floyd County EDA are excited about the expansion of Phoenix Hardwoods in the County,” said Floyd County Board of Supervisors Chairman Joe Turman. “This expansion by local entrepreneurs is bringing good job creation to our community and capitalizing on local craftsmanship and hardwoods.”

“This expansion by local entrepreneurs is bringing good job creation to our community and capitalizing on local craftsmanship and hardwoods.”
– Joe Turman, Floyd County Board of Supervisors Chairman

Office of the Governor
Contact: Alena Yarmosky
Email: Alena.Yarmosky@governor.virginia.gov

Virginia Department of Agriculture and Consumer Services
Contact: Michael Wallace
Email: michael.wallace@vdacs.virginia.gov

Phoenix Hardwoods, Inc.
Contact: Jeff Armistead
Email: jeff@phoenixhardwoods.net

###

Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small-town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.