A Mississippi furniture maker plans to open a new plant in Taylorsville and create 128 jobs.
Caye Home Furnishings was lured partly by a $250,000 grant from the state, Gov. Bev Perdue's office announced today.
The company makes living room furniture and other products marketed under the Stratford and Stratolounger brands.
Caye has five manufacturing facilities in Mississippi and Florida, and two in China. In August 2008, it opened one in Star, N.C., which now employs 52 workers.
The new facility, located about 160 miles west of Raleigh, will assemble furniture for customers in the Northeast.
“We chose to locate in this area because of the outstanding workforce and business environment,” said Wayne Stewart, Caye’s chief financial officer, in a prepared statement. “Our company continues to grow even during these challenging economic times and we hope to have the plant operational within the next 30 to 45 days.”
Caye will pay average annual wages of $30,142, not including benefits. That's higher than Alexander County's average annual wage of $27,300.
Assistant Business Editor Alan M. Wolf joined the N&O in 1999 covering the business of health care. He became an editor in 2001, and helps oversee the paper's daily business coverage and Sunday Work&Money section. He lives in Clayton with his wife and two children. Reach him at 919-829-4572 or
Comments
Re-Furniture maker to open Taylorsville factory
Wed, 12/09/2009 - 07:11 — Ali_BakarIts good to see such furniture manufacturing facilities in China also.China furniture market is really a big market and beautiful designs of Chinese Furniture are liked by people from all over the world.
http://cn.countrysearch.tradekey.com/furniture.htm
I read in a newspaper that
Sat, 11/14/2009 - 22:42 — AliceWonderlandI read in a newspaper that they hired the rigging lifting California company and they actually needed around 65 trucks to help move all the machinery and the furniture there. That was a lot of work!
Its an appreciable Initiative
Wed, 11/11/2009 - 03:25 — Ali_BakarThanks Alan for sharing a good step to expand Furniture business and making job opportunities.let me introduce another type of furniture .which is very famous and exported to all over the world,that is Indonesian Furniture .
Hi, great blog, awesome
Thu, 11/05/2009 - 02:28 — adam001Hi, great blog, awesome images. Really that furniture is awesome, really i will buy these furniture kindly tell me the for buying these items..great great just great. I have seen some furniture of countries Mexican Furniture, French Furniture and Spanish Furniture but I want to buy some elegant and awesome furniture for my new house.
RE: THE LOCATION OF A NEW MANFANCTURE INTO THIS STATE
Fri, 09/11/2009 - 19:15 — beachbum3While i'll be the first to acknowledge that this state is in dire need of new an better businesses to locate here i personnaly feel that it is a hughe mistake to incentivitize this location for the business community's . for the simply fact that i say if they want to located herethat they will do so with or without hughes state an federal money incentives. just because the labor here an wages over last past 15-18 years have been outsourced an suppressed that about the only other placees available for businesses to locate with a cheaper wage & labor base is or would be china or india. this wages suppression is what this entire recession an outsourcing has been all about from the very begining due to the united state incentenivizing with various tax breaks an grants an other sources of funding to these outsources business all across this country. it is time for the state of n.c to STOP with all of the tax breaks an incentivesizing everything that they can possibly give away to big businesses an i beleive bev is bouth an paid for by big businesses all across this state thank you
Although this is a state to
Fri, 09/11/2009 - 15:56 — henryeAlthough this is a state to state move. It certainly is good news for North carolina. Hopefully other compaines will relocate some Textiles and Shoe Factries, and other manufactering back to the states. we can not grow an economy without employment for our people. and I have never seen it this bad