ROBBINSVILLE, NC - Stanley Furniture will benefit from a $1 million grant as it retools its Robbinsville, NC plant.
North Carolina's Gold Leaf Foundation, established to help the state transition from a tobacco dependent economy, approved a $1 million grant to assist Graham County in supporting Stanley Furniture, the county's largest private employer, and assure retention of 468 jobs. Stanley has been consolidating manufacturing operations at its Robbinsville, NC plant since 2009 - its only domestic manufacturing facility and home to the Young America furniture line.
The Gold Leaf Foundations will be channeled to Graham County, which will use them to buy equipment that will be leased to Stanley as it retools production operations. 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.
Stanley says it began positioning its Young America product line in 2010 as a trusted brand for child safety, quick delivery, environmental commitment, and quality to better differentiate its infant and youth products in the marketplace. Stanley had moved production of Young America items previously produced offshore (primarily beds and cribs) to its Robbinsville, NC facility by the end of last year.
"Domestic manufacturing supports our product and distribution strategy allowing us to drive continuous improvement in product safety, quality and customer service, while offering maximum choice and customization with minimum inventory," Stanley said.
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