Ennis Paint Co. gets $500k grant for expansion in Thomasville
THOMASVILLE, N.C. — A production expansion proposed by Ennis Paint Inc. has qualified for a $500,000 state rural infrastructure grant, the N.C. Commerce Department said Thursday, according to the Winston-Salem Journal.
Ennis, based in Thomasville, paid $2.1 million in September for a former Thomasville Furniture Industries Inc. facility at 505-515 County Line Road, according to a bankruptcy filing by FBI Wind Down Inc.
Ennis has declined to comment on its plans for the 217,340-square-foot property, known as Plant V.
Ennis Paint is affiliated with Ennis-Flint, which was formed in April 2012 through the merger of Ennis Traffic Safety Solutions and Flint Trading Inc.
Ennis-Flint is a manufacturer and distributor of pavement marking materials that include traditional paints, thermoplastics, high-performance formulas and plural components. The company’s products are used on roads and highways, taxiways, runways and parking lots, and in commercial, contractor, governmental, industrial, airport and architectural settings.
The state grant typically is provided to a rural community, which uses it to assist businesses in redeveloping buildings and adding or improving water and sewer service.
The Commerce Department said Ennis Paint plans to renovate a total of 275,000 square feet in multiple buildings that were constructed between 1973 and 1984 and have been vacant for three years.
It said Ennis Paint has committed to creating at least 40 full-time jobs with the expansion. A job pledge is a requirement for receiving the grant.
Steve Googe, executive director of the Davidson County Economic Development Commission, said the expansion will enable the company to expand the variety of products it makes in Thomasville.
Googe said the company currently has between 160 and 165 employees.
FBI Wind Down is the legal entity created by the U.S. Bankruptcy Court to handle the disposal of Furniture Brands International Inc. assets that were not taken by Heritage Home Group LLC in its $280 million purchase of the manufacturer’s assets.