Phoenix Hardwoods to invest in Floyd County with expansion of production facility, opening of new downtown storefront

New River Valley News

(Photo: Courtesy MGN Online)

RICHMOND, Va. (WFXR) – Gov. Ralph Northam has announced that Phoenix Hardwoods, Inc., an artisan manufacturer of high-quality furniture and home goods made exclusively from Virginia-grown hardwoods, will expand its production facility in Floyd County and open a new retail storefront in the historic Farmer Supply store in downtown Floyd.

The new retail and manufacturing space will help the company grow its product line, improve production efficiencies and better serve its customers.

The project will create eight career-focused jobs, lead to a $100,000 capital investment and allow the company to purchase an additional $76,000 worth of Virginia-grown hardwoods over the next three years.

“Phoenix Hardwoods makes such beautiful furniture. Each piece displays the essence of the tree, sourced near Floyd, celebrating the Blue Ridge, and made right here at home in Virginia. Our team has worked hard over four years to bring business opportunities across Virginia, and we are working hard until the very end. We’ve pushed to recruit large, global companies to Virginia–attracting more than $80 billion in new investment and 100,000 new jobs–but we get really excited about the small, family-run Virginia companies, like Phoenix Hardwoods.”

Gov. Ralph Northam (D-Virginia)

Phoenix Hardwoods was established in 2002 and has built a reputation through high-quality, artisan-crafted hardwood furniture and home goods.

After nearly 20 years, the founders were planning on retiring and closing the company.

In January 2020, Jeff and Annie Armistead acquired the business in an effort to continue what had become a loved and well-respected business.

The company saws, planes and finishes local hardwood logs and lumber to handcraft fine live edge furniture and accessories.

Its mission is to create high-end generational pieces that become more valuable once they leave the shop.

The company’s product line includes custom tables of all kinds, beds, stools, chests, live edge mirrors, desks, kitchen goods and home accessories.

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