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Belgium-Based Furniture Manufacturer BuzziSpace Invests $1.75 Million In High Point, North Carolina, Production Center

Area Development Online News Desk (02/19/2014)
Belgium-based furniture company, BuzziSpace, Inc. will locate its North American manufacturing headquarters in High Point, North Carolina. The firm’s $1.75 million investment, which includes renovation of a more than 100-year old building that once housed the Pickett Cotton Mill in Guilford County, is expected to create 113 jobs during the next five years.

“The High Point facility will be a reflection of who we are, what we stand for,” said Tom Van Dessel, CEO of BuzziSpace. “We feel strongly about creating a destination and a place that the local population will take pride in. In this place, we can make a real difference in the community by investing in its rich history in furniture, and its skilled labor. We’d particularly like to thank the State of North Carolina, Guilford County and the City of High Point for supporting us so strongly.”

The new facility will also assist in the marketing activities of the company’s Atlanta and Chicago showrooms, as well as conduct research and development, prototyping and oversee regulation for its North American products.

“High Point’s international reputation for manufacturing is a strong selling point for North Carolina,” said Governor Pat McCrory. “BuzziSpace’s project marks a giant step forward in our manufacturing comeback, transforming a once vacant property into a development-ready site that will create good-paying, permanent jobs. This will promote High Point and the Triad as a hub for manufacturing and innovation, and attract more businesses from around the world.”

The project was made possible in part by a performance-based grant from the One North Carolina Fund of up to $100,000. The One NC Fund provides financial assistance, through local governments, to attract business projects that will stimulate economic activity and create new jobs in the state. Companies receive no money up front and must meet job creation and investment performance standards to qualify for grant funds. These grants also require and are contingent upon local matches. The state grant will be based on the company creating 50 jobs over the first three years of the project.

Other partners that helped with this project include: the North Carolina Department of Commerce, North Carolina Community Colleges, Guilford Technical Community College, Guilford County, High Point Economic Development Corporation and the City of High Point.

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