A Canadian furniture manufacturer says it is bringing 90 jobs to Statesville over the next three years to operate its first U.S. plant in the old Canac building on Meacham Road.
Talon Systems Inc. plans to invest $5.9 million in the facility, and will receive assistance from the N.C. Rural Center with a building restoration and reuse grant to renovate the 309,000-square-foot facility.
The grant's monetary value is still pending.
"Trained workforce, proximity to customer market and raw material made North Carolina the obvious choice," company President Derek Okada said in a news release.
The international manufacturer makes household storage cabinets and furniture for companies, like Lowe's, Ikea, Home Depot and Costco.
Production is slated to begin at the plant in March or April 2010.
"We feel good about ending the year on a positive note," said Greater Statesville Development Corp. Executive Director Mike Smith. "This continues to be a good place to do business."
The company plans to employ 150 workers within the next five years. The average salary is $26,520.
Smith said Statesville and Iredell County awarded cumulative industrial grants totaling $91,000 based on $3.5 million in new investments over the next five years.
Smith said these grants are performance based, which means the governmental bodies will only return a portion of the manufacturer's taxes if it makes the promised investment.
Smith said Gov. Beverly Perdue's office helped pave the way to a $46,590 One North Carolina Fund grant.
This fund provides financial assistance to attract business projects and create new jobs, according to a news release from Perdue's office.
"Our relationship with the Department of Commerce was key in this project," he said.
Email
Facebook
Google
Twitter
Favorites
More
Advertisement