|By PR Newswire||
|August 25, 2014 05:03 PM EDT||
WINCHESTER, Va., Aug. 25, 2014 /PRNewswire/ -- American Woodmark Corporation (NASDAQ: AMWD) today announced a $30 million expansion of its South Branch manufacturing facility located in Moorefield, West Virginia. The expansion will increase the size of the current facility by 100,000 square feet and add 80 new jobs.
American Woodmark has worked closely with the Development Office of the state of West Virginia and the Hardy County Rural Development Office for many years. Cary Dunston, President and Chief Operating Officer, commented, "Thanks to these strong, long-term partnerships we are able to boost our investment and bring new jobs to the region." Gov. Tomblin added, "This expansion highlights the competitive edge that's attracting more and more businesses to West Virginia. American Woodmark is a great example of a national company that's succeeding in our state's vastly improved business climate. And the best news is that 80 more families will enjoy the benefits of steady, good-paying jobs with a first-rate employer."
Upon completion of this investment, American Woodmark will have 655 total employees at the South Branch Facility. "I want to thank American Woodmark for continuing to expand its footprint in West Virginia," Gov. Tomblin said. "I also want to thank the West Virginia Development Office and the Hardy County Rural Development Authority for their hard work on this project."
Dunston added, "The housing sector continues on its journey towards full recovery. Our decision to expand our capacity is a statement of optimism and confidence in the market, our people and the value proposition of our brands."
American Woodmark Corporation manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets. Its products are sold on a national basis directly to home centers, major builders and through a network of independent distributors. The Company presently operates nine manufacturing facilities and nine service centers across the country.
Safe harbor statement under the Private Securities Litigation Reform Act of 1995: All forward‑looking statements made by the Company involve material risks and uncertainties and are subject to change based on factors that may be beyond the Company's control. Accordingly, the Company's future performance and financial results may differ materially from those expressed or implied in any such forward-looking statements. Such factors include, but are not limited to, those described in the Company's filings with the Securities and Exchange Commission and the Annual Report to Shareholders. The Company does not undertake to publicly update or revise its forward looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized.
SOURCE American Woodmark Corporation
SYS-CON Events announced today that Linux Academy, the foremost online Linux and cloud training platform and community, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Linux Academy was founded on the belief that providing high-quality, in-depth training should be available at an affordable price. Industry leaders in quality training, provided services, and student certification passes, its goal is to c...
Jan. 19, 2017 12:15 PM EST Reads: 1,984
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Jan. 19, 2017 12:15 PM EST Reads: 4,290
The unique combination of Amazon Web Services and Cloud Raxak, a Gartner Cool Vendor in IT Automation, provides a seamless and cost-effective way of securely moving on-premise IT workloads to Amazon Web Services. Any enterprise can now leverage the cloud, manage risk, and maintain continuous security compliance. Forrester's analysis shows that enterprises need automated security to lower security risk and decrease IT operational costs. Through the seamless integration into Amazon Web Services, ...
Jan. 19, 2017 12:00 PM EST Reads: 1,876
In the next five to ten years, millions, if not billions of things will become smarter. This smartness goes beyond connected things in our homes like the fridge, thermostat and fancy lighting, and into heavily regulated industries including aerospace, pharmaceutical/medical devices and energy. “Smartness” will embed itself within individual products that are part of our daily lives. We will engage with smart products - learning from them, informing them, and communicating with them. Smart produc...
Jan. 19, 2017 11:45 AM EST Reads: 1,689
Jan. 19, 2017 11:30 AM EST Reads: 3,890
Jan. 19, 2017 11:30 AM EST Reads: 4,299
Jan. 19, 2017 11:15 AM EST Reads: 11,395
Jan. 19, 2017 10:15 AM EST Reads: 570
Jan. 19, 2017 10:15 AM EST Reads: 4,317
Jan. 19, 2017 10:15 AM EST Reads: 4,877
Jan. 19, 2017 10:00 AM EST Reads: 5,548
Jan. 19, 2017 10:00 AM EST Reads: 5,546
Jan. 19, 2017 09:30 AM EST Reads: 6,015
Jan. 19, 2017 08:30 AM EST Reads: 5,182
SYS-CON Events announced today that Catchpoint Systems, Inc., a provider of innovative web and infrastructure monitoring solutions, has been named “Silver Sponsor” of SYS-CON's DevOps Summit at 18th Cloud Expo New York, which will take place June 7-9, 2016, at the Javits Center in New York City, NY. Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed ...
Jan. 19, 2017 07:45 AM EST Reads: 6,334