A $70 million furniture manufacturing plant planned by SBA Home, a Lithuanian company that produces furniture for IKEA, will bring 250 new jobs to Mocksville, North Carolina, thanks to significant state and local incentives. The North Carolina Economic Investment Committee approved a $1.4 million job development investment grant, to be distributed over the next 12 years, while Mocksville and Davie County contributed $800,000 in incentives to support the project.
The new plant will span 500,000 square feet and serve customers across the United States. SBA Home chose North Carolina due to its “dynamic business environment,” with CEO Jurgita Radzevičė praising the state’s talent pool, excellent infrastructure, and logistical support. She also emphasized the company’s modern manufacturing expertise and its focus on a human-centric organizational culture, which she believes will positively impact the region.
In addition to the job development grant, the state will provide $473,375 from a rural infrastructure fund designed to help communities attract business by financing upgrades.
Gov. Roy Cooper highlighted North Carolina’s reputation as the “furniture capital of the world,” noting that the state continues to attract manufacturers like SBA Home. The company, which has over 3,000 employees worldwide and exports to 50 countries from its base in Lithuania, will expand its operations into North Carolina, cementing the state’s status as a hub for international business.
State Commerce Secretary Machelle Baker Sanders emphasized that North Carolina continues to be a top destination for international companies seeking to operate in a talent-rich, innovative environment, fostering job growth and economic success for the region.
