Martinsville-Henry County Economic Development Corporation

06/09/2026

Congratulations to Patrick & Henry Community College on being named one of the top 10 finalists for the Aspen Prize for Community College Excellence! 🎉

We're proud to celebrate this achievement alongside one of our region's exceptional education and workforce partners. Their commitment to student success, workforce development, and opportunity continues to make a lasting impact across Martinsville-Henry County and beyond.

We're cheering them on as they advance to the final selection process, with the winner to be announced in April 2027. 👏

05/08/2026

As comes to a close, we’re reflecting on the many people, businesses, and industries that help Martinsville-Henry County grow and thrive.

This week, we highlighted the impact of tourism, celebrated new industrial investment, and recognized the small businesses that shape our local economy and community identity every day. Together, these efforts create jobs, attract opportunity, support local families, and strengthen the quality of life across MHC.

Economic development is about more than buildings and announcements. It’s about investing in the future of our community and creating a place where businesses and residents can succeed.

Thank you to the business owners, employees, community partners, and local leaders who contribute to that work every day.

Virginia Economic Developers Association

05/07/2026

As part of Economic Development Week, we’re also celebrating Business Appreciation Month and the small businesses that help make Martinsville-Henry County such a vibrant place to live and work.

From family-owned shops and restaurants to service providers and specialty retailers, small businesses play an important role in our local economy and in our daily lives. They create jobs, support local families, and add character and charm to our community.

Throughout May, our Business Development Division is highlighting small businesses across Martinsville-Henry County and sharing the stories behind them.

Follow Martinsville-Henry County EDC Business Development to learn more about the businesses that make our community stronger every day.

05/06/2026

Tourism saved every household in The City of Martinsville VA-Henry County, Virginia $199.77 in state and local taxes in 2024.*

That’s the impact of travel and visitors choosing to spend their time and money right here in our community.

Travel is essential. It supports more than just events and attractions. It benefits small businesses, retail shops, restaurants, lodging partners, and even individual households. When visitors dine, shop, and stay in MHC, those dollars circulate through our local economy and support jobs across a wide range of industries.

That spending also helps fund important services and infrastructure, contributing to a stronger community and a higher quality of life for residents.

Tourism doesn’t just bring people here. It helps our entire community grow and thrive.

*Information reflects 2024 tourism economic impact data. 2025 data will be released later in the year.

05/05/2026

Economic development is all about improving the quality of life in our community. The International Economic Development Council defines it as “the programs, policies, and activities that seek to improve the economic well-being and quality of life for a community by creating and retaining jobs and providing a stable tax base.”

In the past year, there have been two industrial announcements in Martinsville-Henry County. Nathan Trotter, a family-owned tin-processing manufacturer based in Pennsylvania, announced plans to invest $65 million and create 118 new jobs at its new site in the Patriot Centre Industrial Park. Construction on the Tin Ridge facility is underway and expected to be completed by the fourth quarter of 2026.

In March of this year, Fukoku Korea announced plans to purchase a shell building in the Patriot Centre for a new facility, creating 60 jobs and investing $18.9 million. This automotive manufacturing facility will produce rubber damper pulleys for engines and thermal gap fillers for electric-vehicle batteries.

These announcements, along with the continued growth and expansion of businesses already here in Martinsville-Henry County, highlight the importance of both attracting new industry and supporting the companies that call our community home. Together, they strengthen our local economy, create more opportunities for residents, and help build a more resilient and competitive future for our region.

👉Learn more about our recent announcements here: https://www.yesmartinsville.com/blog/category/announcements/

Virginia Economic Developers Association

05/04/2026

May begins with two closely aligned campaigns: Economic Development Week and National Travel & Tourism Week.

In Martinsville-Henry County, these sectors are deeply interconnected. Tourism drives outside spending into our community, supporting local businesses, generating revenue, and elevating our visibility as a place to live and invest. That momentum strengthens broader economic development by making the area more competitive and attractive for business growth and talent recruitment.

At the same time, strategic economic development builds the infrastructure, workforce, and business climate that helps our community thrive.

Together, they form a powerful economic engine that supports long-term growth and resilience. So this week, we're celebrating their shared impact on MHC.

Stay tuned for more economic development highlights, and follow VisitMartinsville to learn more about tourism in Martinsville-Henry County.

04/27/2026

Construction is complete on the new shell building at Tract 2 in the Patriot Centre Industrial Park, bringing a major new opportunity for business growth to our community. This 100,440-square-foot building is move-in ready and designed with flexibility in mind—it can expand to twice its current size, with the potential to grow even larger as needed.

Built with durability and efficiency at the forefront, the facility offers high ceilings, multiple loading docks, and easy access for large vehicles, making it ideal for manufacturing. The site also includes ample parking and room to grow, sitting on 20 acres with additional land available.

The Patriot Centre is fully equipped to support industry, with strong utilities, high-speed internet, and even its own fire station. The park is already home to well-known companies like Howmet Aerospace, Monogram Snack Foods, and Eastman, and this newly completed building is ready to welcome the next business to The City of Martinsville VA-Henry County, Virginia.

Marlboro Development Team

03/06/2026

New jobs and capital investment help strengthen our local economy, improve quality of life, and move our community forward.

Learn more about Fukoku Korea and their $18.9 million investment and 60 new jobs coming to the Patriot Centre Industrial Park in this video from Henry County, Virginia. Discover how their specialized automotive components support major automakers and the future of vehicle technology.

03/05/2026

03/05/2026

Today, Governor Spanberger announced that Fukoku Korea plans to invest $18.9 million to establish a new manufacturing facility in Henry County, creating 60 new jobs in Virginia.

The South Korea-based company is a global manufacturer of specialized automotive components, producing rubber-based products and engine parts designed to reduce noise and vibration. Their customers include major automakers like Hyundai Motor Company, General Motors, and Ford Motor Company.

Located in the Patriot Centre Industrial Park, the new facility will manufacture rubber damper pulleys for automotive engines and thermal gap fillers for electric vehicle batteries, supporting the next generation of automotive technology.

This investment is another exciting step forward for Henry County’s manufacturing sector.

Read the Governor’s full press release here: https://www.yesmartinsville.com/blog/fukoku-korea-investment-in-henry-county/

Henry County, Virginia | Virginia Economic Development Partnership