Chinese cabinetmaker considers US$86 million investment in North Carolina
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Chinese cabinetmaker GoldenHome may consider investing US$86 million in a new manufacturing plant near Charlotte, North Carolina, reported Woodworking Network.
The city of Concord is expected to vote on a major tax incentive package for the company soon, which would include a $803,515 grant given over five years. The investment would create 256 jobs.
The manufacturer of European-style and frameless cabinets would begin building a 700,000-to-800,000-square-foot plant on the site of the former 2,000-acre Philip Morris cigarette manufacturing property. The facility would include a North American headquarters, a training facility and a manufacturing and distribution centre, reported WBTV News.
It appears that county officials were hesitant to name GoldenHome as the company. Commissioners dubbed the plan "Project Grand" and information wasn't immediately available. But a description of the company on the city council’s agenda appears to perfectly match the GoldenHome's description of itself on its website. BizJournals also disclosed GoldenHome as the company.
Since Philip Morris shut down its plant in 2010, the county has attempted to lure multiple manufacturers to the site. The cigarette maker employed 2,500 at the plant during its peak.
GoldenHome calls itself one of the world's leading cabinet makers. It runs operations in China, Australia, the Middle East, and a warehouse in New Jersey.