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Martinsville
Henry County Virginia EDC

Contact: Leigh Cockram
134 East Church Street, Suite 200
P.O. Box 631
Martinsville, VA 24114

Phone: 276-403-5940

www.yesmartinsville.com

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Welcome to Martinsville!

Martinsville-Henry County is located on the Southern border of Virginia, in the foothills of the Blue Ridge Mountains and covers 385 square miles. Centrally located on the East Coast, this rural community is within a 1 day drive of 60% of the U.S. population. The area is located within 50 miles of 2 larger metropolitan areas - Roanoke, VA and Greensboro, NC.

Doing business in Martinsville

Combine our advantages with competitive incentive packages, reasonable tax rates and a healthy, growing existing industry base – you won’t find a warmer business climate than Martinsville-Henry County.

If you’re looking to expand your business, look no further than Martinsville-Henry County. Our central location on the East Coast means you can reach nearly 60% of the U.S. population in 1 day.

In general, companies doing business here enjoy a low cost of doing business – our construction rates are 28% below the national average and electric rates are among the lowest in the nation. With over 850,000 people in the workforce within a 50 mile radius, we are ready to go to work. We are proud of our highly skilled and trained workforce.

Combine these advantages with competitive incentive packages, reasonable tax rates and a healthy, growing existing industry base – you won’t find a warmer business climate than Martinsville-Henry County.

Major Employers

Martinsville-Henry County has over 45 companies with 100 employees or more. Below is a brief listing of our major employers.

Employer Number of
Employees
Henry County Public Schools 1,546
Stanley Furniture 1,000
Memorial Hospital of Martinsville 851
StarTek (Call Center) 794
Springs Global US, Inc. (bedding) 645
GSI Commerce (distribution/call center) 522
CP Films/Solutia, Inc. (safety films) 500
Martinsville City Schools 495
City of Martinsville 424
Hanesbrands, Inc. (distribution) 348
American of Martinsville (furniture) 300
County of Henry 338
Bassett Furniture 300
Hooker Furniture 300
VF Sportswear (distribution) 300
Patrick Henry Community College 291
Nationwide Custom Homes 285
MasterBrand Cabinets 215
Nylstar, Inc. 200
Drake Extrusions, Inc. 176
Gildan Activewear, Inc. 160
West Window 143
Knauss Snack Foods 140

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Workforce

With over 850,000 people in the labor force within 50 miles, this area is ready for work. A strong work ethic, proven by area existing business owners, is the front runner – and why so many companies choose to stay and expand. Speed your product to market by utilizing a skilled and mature workforce.

We're proud to have one of the lowest unionization rates in the country (less than 1%) and a long-standing textile and furniture history where well over 50% of the workforce is trained with manufacturing skills.

  • Average production wage is $11.00/ hour
  • 70% of all workers express confidence in their computer skills
  • 4th lowest workers’ compensation costs in the country (47% below the national average)


Median Household Incomes (source: ESRI 2008)

  • Martinsville: $35,507
  • Henry County: $38,622

Commuting Patterns
Wage Data from VEC
Current Unemployment Data

About the EDC

Our mission is to create new job opportunities and expand the tax base for the area; support and develop local industry; and market Martinsville-Henry County globally as an exceptional place to live, work and play.

The Martinsville-Henry County Economic Development Corporation is a nonprofit, public/private economic development organization committed to making Martinsville-Henry County, Virginia a prosperous region.

The EDC is a public-private partnership between the City of Martinsville, Henry County, the Martinsville-Henry County Chamber of Commerce, the Martinsville-Henry County Chamber’s Partnership for Economic Growth (C-PEG) and the Harvest Foundation of the Piedmont.

 

 

 



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