United Furniture to bring 200 jobs to Winston-Salem, according to report
The company will invest $5 million into the former Hanesbrands Inc. plant next month, Robert Cottam, a consultant for United Furniture, told the Business Journal.
The plant will be a manufacturing and distribution hub.
The improvements to the existing plant could begin as early as next month.
An official announcement will be made in July as the company is still waiting on approval of a state job training grant. Winston-Salem and Forsyth County officials already approved $300,000 worth of incentives for the project.
United said the jobs would pay an average salary of $28,420, plus benefits. The company said it would create the jobs over three years. The incentive package requires United to keep the expanded operations in Winston-Salem for at least 10 years.
The incentives are subject to clawback requirements if the company fails to meet job creation and capital investment goals.
Read more: Triad Business Journal