Stanley Furniture Economic Efficiency Project

Organization:
Graham County Government
Amount:
$948,074.00
Program Area:
Community Assistance Initiative
County of Applicant:
Graham
Description:

The purpose of this grant is to assist Graham County in supporting Stanley Furniture, the County’s largest private employer, with the retention of 468 jobs. Stanley is consolidating manufacturing operations at their Robbinsville plant, which will become the company’s only domestic manufacturing facility and home to the ‘Young America’ furniture line. The County will use the funds to buy equipment that will be leased to the company to assist with retooling the production capabilities. Stanley will invest an additional $5.4 million as part of a broader facility improvement plan to generate efficiencies and cost savings at the Robbinsville plant. The County will use proceeds from the lease to support future eligible economic development activities in Graham County.

Contact:
Mr. Michael N. Duvall 12 North Main Street Robbinsville, North Carolina 28771 (828) 479-7984
Areas Served:
Graham

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