"Gov. Roy Cooper announced Friday a new east coast furniture factory for Prepac Manufacturing Ltd. in Guilford County will create 201 new jobs.
The ready-to-assemble furniture company, headquartered in Vancouver, British Columbia, plans to invest $27.1 million in a new 260,000 square-foot factory in Whitsett.
"Even in a pandemic, North Carolina continues to grow jobs with companies like Prepac because of our great workforce, strategic location and reliable transportation,” said Cooper.
Although wages will vary depending on position, the annual payroll is expected to increase the state and local economy by more than $9 million each year, according to the state. The project is expected to grow the state's economy by $373.3 million over the next 12 years.
The company is looking to expand its base along the eastern seaboard, and chose Guilford County out of multiple other choices.
“When we started evaluating potential locations for our new east coast factory there were several good options for us to consider” said Jim Mathison, President of Prepac Manufacturing. “Ultimately, we chose North Carolina and specifically Guilford County due to several key factors including the availability of a highly skilled workforce, easy access to major markets, and compelling State and County resources to help ensure that this project is successful given these uncertain times.” Mathison continued, “We look forward to expanding our North American Manufacturing base in Guilford County and are excited to be moving forward with this project.”
Other partners in this project include:
The North Carolina Department of Commerce
The Economic Development Partnership of N.C.
The North Carolina General Assembly
The North Carolina Community College System
Duke Energy
Guilford Technical Community College
Guilford County
The Guilford County Workforce Development Board
The City of Greensboro
The Town of Whitsett
The High Point Economic Development Corporation
The Greensboro Chamber of Commerce"
https://www.wxii12.com/article/stitc...tions/33563808
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