United Furniture Industries plans to invest $3.3 million for a new facility in Davidson County, North Carolina that will bring 150 new jobs to the area over the next three years.

Gov. Bev Perdue announced the move, which was made possible in part by a $125,000 grant from the One North Carolina Fund, according to a press release.

“Furniture manufacturing is a North Carolina heritage industry, which continues to evolve and adapt to meet the challenges of a global marketplace,” said Gov. Perdue. “Our top business climate, skilled workforce and superb quality of life are proving attractive to companies looking for the perfect location to grow their operations.”

United Furniture Industries is a national manufacturer of residential upholstered furniture and is headquartered in Okolona, Miss. The company produces affordable living room furniture, including sofas, chairs, recliners, sleepers and other items.  The company currently has five locations, including three in Mississippi and two in North Carolina.

At its new facility in Lexington, United Furniture plans to assemble frame materials, foam and upholstered material from outside vendors into finished furniture products.

While salaries will vary by job function, the new positions will pay an average annual wage of $29,032, not including benefits, which is comparable to the Davidson County average annual wage of $29,640.