Company to add jobs, invest in headquarters
American Woodmark, a company located in Frederick County that specializes in kitchen and bath cabinets for homes, has announced a $30 million headquarters consolidation that will retain 377 jobs and add 55 new ones.
The state has also awarded a $550,000 grant to the project, explained Patrick Barker, executive director of the Frederick County Economic Development Authority.
“That is money that is given from the state to the county who then gives it to the Economic Development Authority, who gives it to the company,” he said. “They will then use (it) for site preparation and other expenses related to the construction.”
Barker also explained the EDA’s role in retaining the cabinet manufacturer.
“We helped them with some site location as well as making sure that there was a robust balanced financial package that would allow the company to stay in Virginia and in the Frederick County community,” he said.
Barker also said that American Woodmark, which has called Frederick County home since 1986, is important to the overall well being to the surrounding community.
“It’s stellar for the community to have a headquarters of that nature,” he said. “It’s something that the community needs to help diversify the economy and help strengthen the overall network.”
Part of that overall network is the jobs created by Woodmark, of which Barker touted the importance.
“Jobs are always important in any kind of economy,” he said. “They will add more stability, more long term presence. It will provide more career opportunities for residents to seek, which will allow the economic multiplier to occur from that standpoint.”
He also described the overall effect of the jobs on the county’s economy as a whole.
“The residents are going to have more options to get jobs,” Barker said. “Then they (employees) can turn around and spend their money inside the economy, so you get a ripple effect. It’s a superior win for the area and the commonwealth to retain a company of Woodmark’s stature and we look forward to a long term relationship with them moving forward.”
American Woodmark officials were unavailable for comment.
Contact staff writer Nathan Budryk at 540-465-5137 ext. 155, or firstname.lastname@example.org