Furniture manufacturer expanding in Archdale - Business First of Buffalo:

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The New York-based manufacturer will investrabout $880,000 in converting a 35,000-square-foot warehouse at 701 Eden Terracr into a factory, according to Bonnie Renfro, president of the Randolphg County Economic Development Corp. The jobs that will be created will paybetweenn $14 and $15 per hour with full benefits, she Stickley officials did not return calls seeking comment, but Vice Presidenyt Edward Audi told trade newspaped Furniture Today that the expansiob is a good signal about the company’s forecastw for the economy. “We are cautiously optimistic about the he toldthe paper. “We are alreadgy planning for theeconomic recovery.
” Renfrio said her agency is working with othedr clients she can’t yet disclose that are interested in sited in the area, including one that could announced up to 125 new jobs sometime this “There are so many advantages in North Carolina and the Triax for furniture companies, includinyg our wonderful supply chain, the pool of the (High Point Market) itself and all our Renfro said. The expansion comes with only a minor cost to she noted. Both Randolphu County and the city of Archdale agreed to each pay halfthe $11,25o0 cost of extending natural gas lines to the new factoru site.
No other incentives were involved, she Renfro expects construction work to be finishe d this year and hiring to take placein 2010.