Industries

Southern Virginia—For the Record

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American of Martinsville announced it will cut 400 jobs at its Martinsville plant, ending its wood furniture production by the end of the summer. The company said it could manufacture more efficiently in Asia. The plant will continue to manufacture upholstered furniture. (Martinsville Bulletin)

Bassett Furniture Industries Inc. approved a 75-cents-per-share installment on a previously announced $1.25 special dividend. The money was scheduled to be paid Aug. 1 to shareholders of record on July 16. The second installment of 50 cents is expected in October. (Martinsville Bulletin)

The Carlisle School of Martinsville will open a Danville campus on a site near Bonner School, not in the building now occupied by radio station WDVA, as previously announced. Carlisle expects to welcome 60 students this fall. The new location is expected to provide more space than the old site. (Danville Register & Bee)

CBN Secure Technologies Inc. will open a secure manufacturing facility in Danville to produce driver’s licenses and identification cards for the Department of Motor Vehicles. The new operation will create 15 to 20 jobs. CBN’s parent company is Canadian Bank Note Co. Ltd. of Ottawa, Ontario. (News release)

About 150 former workers at Dan River Inc. were rejected for benefits under the Trade Act. The Department of Labor determined that manufacturing at Dan River had ceased at the time the application was filed. The employees were working on production planning, inventory control and package design for sheets and pillowcases made outside the U.S. A company spokesman criticized the action, which penalized the workers who could have left earlier but remained at the company. (Danville Register & Bee)

The National Science Foundation has awarded a $2 million grant to Danville Community College, Central Virginia Community College in Lynchburg and the University of Virginia’s engineering school for a long-distance learning program that will enable students to earn engineering degrees without leaving Danville or Lynchburg. Money will be distributed to the schools over a five-year period and used primarily for scholarships. The program had expected 32 students in the first year but attracted more than 120. (News release)

Pittsylvania County’s Board of Supervisors unanimously rejected a proposed apartment complex. Danville Investors LLC had sought to rezone 4.63 acres for 60 two-story town-house units off Franklin Turnpike. Traffic and public safety concerns were cited in the decision. (Danville Register & Bee)

Goodyear Tire & Rubber Co. will invest $200 million over the next several years to upgrade technology at its Danville plant and enable production of new commercial tire products. The company’s facility opened in 1966 and has been expanded 19 times since. (News release)

Fire at a warehouse facility leased by The Greene Co., a Martinsville-based seller of irregular and closeout clothing items, caused an estimated $5 million to $6 million in damages to inventory, mostly from smoke and water damage. Damage to the building itself was estimated at $100,000. (Martinsville Bulletin)

The Halifax County Chamber of Commerce received five-star accreditation from the U.S. Chamber of Commerce, the highest rating given. Of 6,936 chambers nationwide, only 44 have five stars. The neighboring Danville Pittsylvania County Chamber of Commerce also received a five-star rating recently. (Danville Register & Bee)

Infinity Global Packaging, a luxury retail packaging company, will make Danville its headquarters. The company bought the Carrington Conference Center in the Tobacco Warehouse District and expects to add 62 professional positions there over the next five years. The company works with designers such as Armani and Ralph Lauren. (Danville Register & Bee)

M. Kendall Lumber Co. in Pittsylvania County laid off a dozen of its 35 employees after a fire destroyed a sawmill at its Blairs operation, cutting production in half. (Danville Register & Bee)

Patrick Henry Community College in Martinsville will offer certificate programs for training technicians for high-tech manufacturing environments and for entry-level workers in human service agencies. (Martinsville Bulletin)

Pittsylvania County’s Board of Supervisors unanimously rejected a proposed apartment complex. Danville Investors LLC had sought to rezone 4.63 acres for 60 two-story town-house units off Franklin Turnpike. Traffic and public safety concerns were cited in the decision. (Danville Register & Bee)

Goodyear Tire & Rubber Co. will invest $200 million over the next several years to upgrade technology at its Danville plant and enable production of new commercial tire products. The company’s facility opened in 1966 and has been expanded 19 times since. (News release)


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