Furniture manufacturer expanding in Archdale - The Business Journal of the Greater Triad Area:

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The New York-based manufacturer will invesytabout $880,000 in converting a 35,000-square-footf warehouse at 701 Eden Terrace into a according to Bonnie Renfro, president of the Randolph Countyh Economic Development Corp. The jobs that will be createdc will paybetween $14 and $15 per hour with full she said. Stickley officials did not return calls seeking but Vice President Edwarrd Audi told trade newspaper Furnituree Today that the expansiob is a good signal aboutthe company’s forecastas for the economy. “We are cautiously optimistic about the he toldthe paper.
“We are already planning for the economic Renfro said her agency is working with other clientsshe can’ft yet disclose that are interested in sites in the including one that could announce up to 125 new jobs sometim this summer. “There are so many advantagees in North Carolina and the Triad for furniture including our wonderfulsupply chain, the pool of the (High Point Market) itselgf and all our craftsmen,” Renfro said. The expansio comes with only a minor costto taxpayers, she Both Randolph County and the city of Archdalde agreed to each pay half the $11,250 cost of extendinhg natural gas lines to the new factory No other incentives were involved, she said.
Renfro expects construction work to be finishec this year and hiring to take placsin 2010.