Furniture manufacturer expanding in Archdale - Pacific Business News (Honolulu):

http://www.ideamarketers.com/?articleid=1711500&CFID=47018277&CFTOKEN=29446702
The New York-based manufacturer will investabout $880,00o in converting a 35,000-square-foot warehoused at 701 Eden Terrace into a factory, according to Bonni e Renfro, president of the Randolph County Economic Development Corp. The jobs that will be created will paybetweenj $14 and $15 per hour with full benefits, she Stickley officials did not return callsz seeking comment, but Vice Presiden t Edward Audi told trade newspaper Furniture Today that the expansion is a good signal abou t the company’s forecasts for the economy. “We are cautiously optimistidc aboutthe future,” he told the “We are already planning for the economif recovery.
” Renfro said her agency is working with othedr clients she can’t yet disclose that are interesteed in sites in the area, includinb one that could announce up to 125 new jobs sometime this “There are so many advantages in Nortn Carolina and the Triad for furniturwe companies, including our wonderful supply chain, the pool of the (High Point Market) itself and all our Renfro said. The expansion comes with only a minord costto taxpayers, she noted. Both Randolpyh County and the city of Archdale agreeed to each pay halfthe $11,250 cost of extending natural gas linexs to the new factory site. No other incentives were she said.
Renfro expects construction work to be finished this year and hiring to take placesin 2010.