A Belgian furniture company plans to locate its North American manufacturing headquarters in High Point and create 113 jobs over the next five years.
Gov. Pat McCrory’s office announced Wednesday that BuzziSpace plans invest more than $1.75 million in the facility, which was once home to the operations of the Pickett Cotton Mill.
BuzziSpace is eligible to receive a $100,000 grant from the One North Carolina Fund. The grant requires a local match, and the company must meet investment and job-creation milestones. The grant is based on the company creating 50 jobs over the first three years.
The average annual wage for the new jobs is expected to be $45,000 plus benefits. That’s slightly above the Guilford County average of $43,326.
The High Point facility will assist with marketing activities for the company’s showrooms in Atlanta and Chicago, and will also conduct research and development for BuzziSpace’s North American products.