As if you needed more proof that we could be headed for a recession…
And if all the Virginia factory shutdowns weren’t sign enough…
Nightingale Ice Cream just announced that they’re cancelling their plans to expand to a new facility in Richmond, Virginia.
The planned move and expansion, originally announced in May, carried a hefty price tag of $5.8 million and was paired with plans to expand Nightingale’s workforce with 166 new jobs.
Instead of a bigger production facility and corporate headquarters, Nightingale is staying put at its current Richmond facility. (No word on whether they’re going to add all or even some of those jobs. It feels like things are just in limbo!)
It’s a tough time to be in the food industry for sure – and with the tough combination of ICE raids disrupting the dairy supply and the constantly shifting realities of the trade war, it doesn’t look like things are going to get any easier.
Businesses, understandably, are battening down the hatches and focusing on conserving cash while they wait for things to get better.
So this probably won’t be the last canceled expansion.
What other impacts are you seeing in Richmond? Leave a comment and let us know!
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