High Point Economic Development Corp

Results 1 - 10 of about 11 news for the search terms: HighPointEconomicDevelopmentCorp.

H.P. seeks to lure furniture firm’s corporate headquarters

May 19th, 2007

High Point City Council will be asked to vote on a $200,000 incentives package May 24 as the city tries to lure the corporate headquarters of furniture manufacturer Home Meridian International.
The furniture company, formed by the merger of Pulaski Furniture, of Pulaski, Va., and Samuel Lawrence Furniture of Phoenix, is considering 20,000 square feet [...]


Karen McNeill-Harris Selected As American Furniture Hall Of Fame Executive Director

March 29th, 2007

Karen McNeill-Harris has been selected to lead the American Furniture Hall of Fame as the organization’s new executive director. She succeeds Joanna C. Maitland who retired last fall and was honored with the American Furniture Hall of Fame Trailblazer Award in 2001.
In her new role, McNeill-Harris will be responsible for developing new services to promote [...]


Google Is Reviving Hopes for Ex-Furniture Makers

March 15th, 2007

Almost 40 years ago, when Irene Marsh was a young woman, she took a few months of computer science courses. But when Ms. Marsh realized that would not help her find a job in this Appalachian furniture region, she dropped out and went to work in a factory making tabletops.
Then, like thousands of other furniture [...]


Hooker Furniture Discontinues Employee Stock Ownership Plan

January 30th, 2007

In a move to reduce costs, increase competitiveness and better align employee benefits with its new business model, Hooker Furniture announced it has terminated the Company’s Employee Stock Ownership Plan (the “ESOP”) effective January 26, 2007.
The termination will result in a $18.4 million, one-time, non-cash, non-tax deductible charge to earnings in January. Going forward, [...]


La-Z-Boy’s move is criticized

November 12th, 2006

When High Point offered as much as $600,000 to lure La-Z-Boy’s regional office from Greensboro to High Point, it violated an informal rule among Triad cities that they not poach each other’s businesses.
The understanding between cities promotes cooperation and keeps focus on the most important goal: recruiting jobs to the Piedmont Triad from other areas, [...]


High Point to consider Ralph Lauren, La-Z-Boy for incentives

November 3rd, 2006

High Point City Council will hear incentive requests from Ralph Lauren Media and a division of La-Z-Boy, both of which are considering opening locations in the city, according to an announcement from the High Point Economic Development Corp.
At 9 a.m. Nov. 9, the council will consider up to $1.4 million in incentives for Ralph [...]


Furniture firm moving to Hickory

June 23rd, 2006

To Unifour residents, the story is familiar: For business reasons, an established furniture company decides to move operations from an area it has long called home.
But this time, there’s a difference. Instead of leaving Hickory, the company in question is moving here from Grand Rapids, Mich.
Baker furniture this week announced plans to move its corporate [...]


Legacy Classic Furniture chooses High Point

June 22nd, 2006

Legacy Classic Furniture chose High Point to construct its major distribution center and corporate offices, the company announced today.
Legacy’s decision to locate in High Point follows the High Point City Council’s 7-1 vote Monday to authorize company incentives of up to $305,000.
That followed the High Point Economic Development Corp.’s unanimous recommendation that the incentives package [...]


High Point to consider incentives for furniture company

June 15th, 2006

The High Point City Council will hold a public hearing at 5:30 p.m. June 19 to consider up to $305,000 in incentives for Legacy Classic Furniture Inc., which is looking for a site for a distribution center.
According to a statement from the High Point Economic Development Corp., Legacy Classic, which currently leases a 225,000-square-foot [...]


Government to focus on furniture industry

June 7th, 2006

Government is looking to resuscitate this country’s furniture sector.
Minister of Economic Affairs and Development, the Honourable Mia Mottley, has given this assurance during her recent address to a function sponsored by the Barbados Investment and Development Corporation (BIDC).
She told the function to market the 50th anniversary of the BIDC that the Government of Barbados [...]