From Home Furnishing Business
United Furniture Inds. Eyes Winston-Salem Factory
Upholstery supplier United Furniture Inds. is looking into an expansion into Winston-Salem, N.C., where it would take over an historic textile mill.
The second attempt at breathing new life into the historic Weeks textile plant in Winston-Salem could involve a Mississippi furniture manufacturer establishing a major operation there.
The Winston-Salem City Council said in a public notice listed today that it will hold a public hearing May 19 at 7 p.m. to consider a request by United Furniture Industries for up to $150,000 in performance-based economic incentives.
In exchange, the Okolona, Miss., company would commit to create 200 jobs over three years and retain 47 that are at the 316,000-square-foot facility it is leasing in Union Cross Business Park.
It also would spend at least $5.8 million on capital investments on the 850,000-square-foot plant off 401 W. Hanes Mill Road. The operations in Union Cross, N.C., would shift to the Weeks plant.
Read Entire Story Source: Winston-Salem Journal