news-record.com

MARTINSVILLE, Va. — American of Martinsville will consolidate with Barcalounger Home, resulting in 94 new jobs and securing 121 existing jobs at the company's Redd Level facility.

The two companies will consolidate manufacturing, and Barcalounger will move its corporate headquarters from Rocky Mount, N.C., to American of Martinsville’s headquarters in Martinsville. American employs 40 people at that office and an additional 14 will be added to handle the Barcalounger line.

American of Martinsville will invest $1.4 million in equipment at the Redd Level facility. The new jobs will pay an average wage of $12.29 per hour.

“We are pleased to enter into this agreement with Barcalounger Home, one that has been operationally and financially designed to successfully position both our companies to move forward with future growth as the economy recovers,” Noel Chitwood, president of American of Martinsville, stated in a news release. “Given the fact that both American of Martinsville and Barcalounger Home each have a company heritage that spans over 100 years, we intend to protect these carefully nurtured brands and build upon the strengths of both, collaboratively.”