Martinsville Bulletin, Inc.
P. O. Box 3711
204 Broad Street
Martinsville, Virginia 24115
Toll Free: 800-234-6575
Company operating as it relocates to city
Equipment from Stone Dynamics is loaded onto a truck to be transported to the company’s new location in Martinsville. (Photo by Ray Reynolds)
Wednesday, June 19, 2013
By DEBBIE HALL - Bulletin Staff Writer
A week after announcing it would relocate to Martinsville from Henry County, Stone Dynamics has moved about 75 percent of its operations and is “up and running,” its owner said.
“Last Thursday, we moved our offices over, and over the weekend we moved all of our equipment and supporting equipment,” said owner Bob Lankford.
By Monday, the company was “sort of up and running, working the bugs out” in its new location in the former Coca-Cola building on Memorial Boulevard in the city, he said. Previously Stone Dynamics was located on Hollie Drive in Henry County.
Lankford said Stone Dynamics buys sheets or slabs of granite, marble and engineered stone and fabricates them to the specifications for individual projects. It also installs the items in residential, hospitality and commercial projects, he said.
The company closed Friday, and by 8 a.m. Monday, “we were pretty much in production. We are not up to full speed yet, and there are some things have to take care of,” he said.
“We still have to move our raw materials” to the new location, he said. “That is the biggest job, actually,” and Lankford said he anticipates it will be the end of the month before that phase is completed.
Stone Dynamics also has bought new equipment, and some of that is expected to arrive in the next few days, he said. A month or so from now, “we have an even bigger piece of equipment coming” to the new space.
Founded in 2000, Stone Dynamics announced last week that it would more than double its workforce of 42 employees and invest $1 million by relocating to the Memorial Boulevard building. That space also will house retail and showroom space.
The Tobacco Indemnification and Community Revitalization Commission approved a $310,000 grant to the company, which also qualifies for local Enterprise Zone grants offered by Martinsville.
The Virginia Department of Business Assistance also will provide funds for the company’s recruitment and training activities through the Virginia Jobs Investment Program.
Lankford said Monday that “almost all” of the 14 additional employees the company needs immediately have been hired and are nearly ready to go to work.
The remaining 30 employees will be hired over the next three years, he added.
Lankford said the company is on track to making its July 1 production estimate.
“It will take another month or two to complete the showroom,” he added.