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Business & Economy
WUNC reports from Greensboro about Guilford County and surrounding area.

Ralph Lauren Adding 500 Jobs In High Point

Clothing manufacturer Ralph Lauren has announced it will expand in North Carolina.

Jeff Tiberii: The company plans to add 500 jobs by the end of 2017 while also investing about $100 million. Ralph Lauren is the city’s fourth largest employer and will have nearly 2,000 local workers after these additions. Governor Bev Perdue says the growth is a positive sign for the economy.

Bev Perdue: We’ve got the textiles themselves and we’ve got the call center, we’ve got the call center and today we’re getting their electronic center distribution and a lot of their different skill set jobs. So you’ve got the whole bailey wig here in High Point – which means they ain’t goin’ anywhere and that’s good news for us.

The company will receive about $3.2 million in financial incentives from the city, Guilford County and the state. Thursday’s announcement came just a month after the company said it would add 400 jobs in the state. The average annual wage for the new jobs will be $31,000.

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