Daily News
From Home Furnishing Business
Belgian Furniture Co. to Move to High Point
February 20,
2014 by in Business Strategy, Industry
Belgian furniture supplier BuzziSpace will move its North American production headquarters to High Point.
The company plans to create 113 jobs and invest more than $1.75 million over the next five years. BuzziSpace will occupy a newly renovated building that once housed operations of the Pickett Cotton Mill.
“The High Point facility will be a reflection of who we are, what we stand for,” said Tom Van Dessel, CEO of BuzziSpace. “We feel strongly about creating a destination and a place that the local population will take pride in. In this place, we can make a real difference in the community by investing in its rich history in furniture, and its skilled labor."
Salaries will vary by job function, with an average annual wage for all jobs of $45,000 plus benefits. The Guilford County average annual wage is $43,326.
The project was made possible in part by a performance-based grant from the One North Carolina Fund of up to $100,000. The One NC Fund provides financial assistance, through local governments, to attract business projects that will stimulate economic activity and create new jobs in the state. Companies receive no money up front and must meet job creation and investment performance standards to qualify for grant funds. These grants also require and are contingent upon local matches. The state grant will be based on the company creating 50 jobs over the first three years of the project.
“High Point’s international reputation for manufacturing is a strong selling point for North Carolina,” said N.C. Gov. Pat McCrory. “BuzziSpace’s project marks a giant step forward in our manufacturing comeback, transforming a once vacant property into a development-ready site that will create good-paying, permanent jobs. This will promote High Point and the Triad as a hub for manufacturing and innovation, and attract more businesses from around the world.”