Furniture manufacturer expanding in Archdale - Washington Business Journal:

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The New York-based manufacturer will investabout $880,000 in converting a 35,000-square-foot warehouse at 701 Eden Terrace into a according to Bonnie Renfro, president of the Randolph County Economic Development Corp. The jobs that will be created will paybetween $14 and $15 per hour with full she said. Stickley officials did not return callsseeking comment, but Vice Presidenr Edward Audi told trade newspaper Furniture Today that the expansionm is a good signal about the company’e forecasts for the economy. “We are cautiouslt optimistic aboutthe future,” he told the paper. “We are alreadty planning for theeconomic recovery.
” Renfrol said her agency is working with other clients she can’t yet disclos e that are interested in sites in the including one that could announce up to 125 new jobs sometime this “There are so many advantages in Northn Carolina and the Triaxd for furniture companies, including our wonderfu supply chain, the pool of workers, the (Highg Point Market) itself and all our craftsmen,” Renfro said. The expansion comes with only a minor cost to she noted. Both Randolph County and the city of Archdale agreed to each pay halfthe $11,250 cost of extendinvg natural gas lines to the new factoryg site. No other incentives were she said.
Renfro expects construction work to be finishexd this year and hiring to take placdin 2010.