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Faneuil expands in Martinsville, 100 new hires expected

Martinsville, VA –Faneuil, Inc., has announced the expansion of its partnership with the City of Martinsville and the Martinsville-Henry County Economic Development Corporation, with an investment of an additional $1 million in capital improvements and the creation of 100 new jobs.

Faneuil provides business processing solutions for clients that includes commercial and government entities.

Faneuil’s business operations in Martinsville, based in The Clocktower at Commonwealth Centre, were established in April 2010 when the company announced the opening of a $2.4 million facility to serve as a virtual “Welcome Center” for customers of Dominion Virginia Power. Less than a year later Faneuil opened a second customer care center for Dominion Virginia Power in South Boston.

Faneuil is investing an additional $1 million to renovate 12,800 square feet on the Centre’s fourth floor in collaboration with the Martinsville-based Lester Group to support new client programs in the transportation, utility, and healthcare industries. The company also anticipates hiring an additional 100 employees to provide customer care for those new client programs.

“Building on the highly successful partnership we initially began three years ago with Dominion Virginia Power, we are pleased to be able to further expand our relationship with the City of Martinsville and the Martinsville-Henry County Economic Development Corporation to provide additional employment opportunities for qualified area residents,” noted Faneuil President and CEO Anna M. Van Buren.

“Faneuil’s success in Martinsville is a great story,” said Mark Heath, president of the Martinsville-Henry County Economic Development Corporation. “The substantial investment from the Lester Group to renovate the former Tultex facility was used to attract a new business from outside the community. The announcement today is another example of how investments of this type continue to make a difference as local companies expand and grow their businesses in Martinsville-Henry County. We are grateful to the Lester Group for their strong sense of community pride and support, and we appreciate Faneuil’s continued commitment and confidence in our area.”

“Faneuil’s decision to expand in the City of Martinsville and hire an additional 100 employees reaffirms that we have a talented workforce and a highly responsive team of professionals in the City and EDC,” noted Interim City Manager Leon Towarnicki. “It is exciting to see continued investment in our community, particularly in existing buildings, and to see innovative and adaptive re-uses occurring. Slowly but surely, the combined efforts of both the public and private sectors are making a significant impact in moving our community forward.”

The Martinsville Mustangs have names Tyler Parsons as their new General Manager. He becomes the first GM under the new management from Team Cole & Associates since they took over operations in November. Parsons comes to the Mustangs from the Forest City Owls where he served as Director of Tickets Sales and Community Relations. Prior to the Owls, he was the Ticket Sales Coordinator at Central Michigan University and the Sports Information Director at Mid Michigan Community College. He has also spent time as a publisher with Rivals.com and coaching football at the high school level. Parsons official start date with be Monday, January 28th.

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