Workers get final paychecks from New River Industries
By Angela Manese-Lee, The Roanoke Times
Fairlawn -- A large number of former New River Industries Inc. employees headed back to the Fairlawn textile plant Friday to receive what will likely be their last paychecks from the longtime New River Valley employer.
While company executives did not return repeated calls for confirmation this week, Perry Cole, manager of the Radford office of the Virginia Employment Commission said he received notice Monday that 152 plant employees would be laid off the following day because the plant was closing.
According to a letter sent to the VEC from New River Industries CEO Barry Morrow, the company "ceased manufacturing operations" Aug. 10, although "certain administrative operations are continuing."
Cole said most of the people affected by layoffs held manufacturing jobs -- 121 were wage workers and 31 were salaried employees. (link)
The plant, once owned by Burlington Industries, is located just north of Radford in Pulaski County, an area already reeling from high unemployment and the downsizing of the once-massive Volvo operation in nearby Dublin.
Pulaski County, as of June, has the second-highest unemployment rate of all counties in the commonwealth. This announcement will do nothing to improve that ranking.