North Carolina Governor Roy Cooper | governor.nc.gov
North Carolina Governor Roy Cooper | governor.nc.gov
Governor Roy Cooper announced today that SBA Home, a furniture manufacturer, plans to create 250 jobs in Davie County. The company will invest over $70 million to establish its first North American production facility in Mocksville.
"SBA Home has made a great decision to enter the U.S. market in Davie County," stated Governor Cooper. "With more than 800 furniture companies, North Carolina’s reputation as the furniture capital of the world attracts growing manufacturers that need a world-class workforce to meet the demand of their global customers."
SBA Home is part of SBA Grupe UAB, a Lithuanian conglomerate exporting furniture to 50 countries. The company employs over 3,000 people across four manufacturing facilities and a distribution center in Lithuania. The new facility will be a 500,000-square-foot site aimed at producing and distributing trendy furniture products for U.S. customers.
"We are excited to launch our journey in the United States, starting in North Carolina—a state renowned for its dynamic business environment and exceptional opportunities for globally growing companies," said Jurgita Radzevičė, CEO of SBA Home. She expressed confidence that this venture would create high-quality jobs and positively impact the region while enhancing partnerships between Lithuania and the United States.
N.C. Commerce Secretary Machelle Baker Sanders emphasized North Carolina's appeal to international businesses: "When they choose to expand into new markets, international companies want to operate in the best state in America."
The new positions include manufacturing, warehousing, administrative, and managerial roles with an estimated annual payroll impact exceeding $13.3 million for the region.
SBA Home's project will benefit from a Job Development Investment Grant (JDIG) approved by the state's Economic Investment Committee. Over its 12-year term, this grant is expected to grow North Carolina's economy by $435.8 million and potentially reimburse up to $1,421,250 based on performance verification.
Because SBA selected a Tier 3 site in Davie County, part of their JDIG agreement involves moving $473,375 into the state's Industrial Development Fund – Utility Account supporting rural infrastructure upgrades.
"This announcement is outstanding news for Davie County and the entire state of North Carolina," commented N.C. Senator Steve Jarvis.
"We are excited to welcome SBA Home to the Town of Mocksville," added N.C. Representative Julia C. Howard.
Collaborators on this project included various local entities such as Davidson-Davie Community College and Davie County Economic Development alongside state-level partners like the Economic Development Partnership of North Carolina.