RANDOLPH COUNTY, N.C. — A private company based in High Point is asking Randolph County for cash incentives of $75,000 to expand an operation in Ramseur, according to the News and Record.
The operation would add 150 jobs that involves assembling and distributing upholstered furniture.
The company will pay an average hourly wage of $16. They plan to invest $635,000 in property and equipment.
Bonnie Renfro, president of the Randolph County Economic Development Corp., told the commissioners in a memo that the expansion is a “significant shift” for the company, which currently makes all of its furniture overseas.
Ramseur is reportedly competing with Tupelo, Miss. and Morristown, Tenn. for the expansion.
Source: News and Record