Saturday, October 22, 2011

Furniture manufacturer expanding in Archdale - Business Courier of Cincinnati:

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The New York-based manufacturer will investabout $880,000 in convertinb a 35,000-square-foot warehouse at 701 Eden Terracw into a factory, according to Bonnie president of the Randolph County Economic Development Corp. The jobs that will be creater will paybetween $14 and $15 per hour with full she said. Stickley officials did not returnm callsseeking comment, but Vice Presiden t Edward Audi told trade newspapet Furniture Today that the expansion is a good signa l about the company’s forecasts for the economy. “Wwe are cautiously optimistic aboutthe future,” he told the “We are already planning for the economif recovery.
” Renfro said her agencyy is working with other cliente she can’t yet disclosre that are interested in sites in the including one that could announce up to 125 new jobs sometime this summer. “There are so many advantages in Northg Carolina and the Triadc forfurniture companies, including our wonderful suppluy chain, the pool of workers, the (High Pointr Market) itself and all our craftsmen,” Renfr said. The expansion comes with only a minor cost to she noted. Both Randolph County and the city of Archdald agreed to each pay halfthe $11,250 cost of extendint natural gas lines to the new factory No other incentives were she said.
Renfro expects construction work to be finishecd this year and hiring to take placesin 2010.

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