August 20, 2020 | Bill Esler
Whittset, NC—Canada’s Prepac Manufacturing Ltd., a designer and manufacturer of drop ship, ready-to-assemble (RTA) home furniture headquartered in Delta, BC, selected Whittset, NC for its new U.S. manufacturing center. Prepac will invest $27 million in capital expenditures to create more than 200 new jobs.
“We appreciate the outstanding support provided by the State of North Carolina and Greensboro/Guilford County as Prepac increases our footprint in the North American market,” says Jim Mathison, president of Prepac. “The Greensboro-High Point and Guilford County market offer an excellent talent base and logistical advantage as we grow our business and serve our loyal customers.” Prepac Manufacturing was acquired in 2019 by TorQuest Partners, a private equity firm based in Toronto.
The Guilford County Economic Development Alliance first met company officials one year ago when the company began searching for a new location, referring to the project as “Project Maple.” Prepac needed the right mix of a talented workforce, ideal location for logistics and a building ready to go.
The company will be located at a new spec building in the Rock Creek Center manufacturing park in Whittset. “Prepac has been a pleasure to work with and we look forward to a long and fruitful relationship with this group,” said Taylor Williams, president of Williams Development Group. “Rock Creek continues to be a beacon of manufacturing and distribution growth within the region and we look forward to delivering future projects and recruitment victories for the area.”
Guilford County Commission Chair Jeff Phillips added, “I’m very thankful that Prepac chose Guilford County. We realize they could have located almost anywhere but ultimately selected our community for such an important corporate expansion. We look forward to growing with and supporting the company long into the future.”
“The key to a successful community is collaboration, and I’d like to thank the following economic development partners who worked tirelessly on the Prepac project: North Carolina Commerce and EDPNC, Guilford County, City of Greensboro, High Point Economic Development Corporation, the Guilford County Workforce Development Board, Guilford Tech Community College and Duke Energy. We value our new corporate neighbors at Prepac and are absolutely committed to their long-term success,” said Derek Ellington, Chair of the Greensboro Chamber of Commerce.
Greensboro-High Point continually proves to be the top region for furniture manufacturing resources and certified furniture manufacturing sites. High Point became known for its furniture approximately 100 years ago and is today known as the Home Furnishings Capital of the World™; one century later, Greensboro-High Point is still a global destination for all things furniture design, manufacturing, shipping and more. The addition of innovative companies–such as Prepac– to the region is a testament to the ripe opportunity in Greensboro-High Point.
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