La-Z-Boy Completes Land Purchase to Build New World Headquarters

Posted by Karen Koenig | Posted: 01/25/2013 1:04PM

 

La-Z-BoyLa-Z-Boy Inc.'s member companies produce a wide range of residential furniture. MONROE, MI - La-Z-Boy Inc. will build its new World Headquarters in Monroe, MI. The residential furniture manufacturer announced this week it has finalized the purchase of 120 acres of land from Monroe-based Sisters, Servants of the Immaculate Heart of Mary (IHM) order.

The company plans to break ground in the spring, with completion expected in late 2014 or early 2015. La-Z-Boy said it has received a combination of Michigan state, county and local tax breaks and grants to support the project.

La-Z-Boy's new World Headquarters, a LEED-certified building, will be campus to approximately 500 employees.

In a statement, Kurt Darrow, chairman, president and CEO of La-Z-Boy, said, "We are delighted to have finalized the purchase of land from the IHM Sisters and are excited to be moving forward with the final design and construction of our new World Headquarters. When completed, this landmark facility will provide an inspiring, innovative and collaborative work environment for our employees and highlight our evolving image as a worldwide leader in our industry."

La-Z-Boy Inc. first announced plans for the world headquarters in August. A leading producer of residential furniture, La-Z-Boy's Upholstery Group companies include Bauhaus, England and La-Z-Boy. The operating units in the Casegoods Group include American Drew, Lea and Hammary, as well as Kincaid. The company-owned retail segment includes 97 of the 317 La-Z-Boy Furniture Galleries stores.

 

About the Author

Karen M. Koenig

Karen M. Koenig has more than 25 years of experience in the woodworking industry, including visits to wood products manufacturing facilities throughout North America, Europe and Asia. As Editor-in-Chief of Woodworking Network magazine (formerly Wood & Wood Products), Karen’s primary responsibilities include spearheading the writing, editing and coordinating of the editorial content of the publication, along with the Red Book resource guide and the Red Book online source and supply directory (RedBookOnline.com). She is also a frequent contributor to other Woodworking Network online and print media. She can be reached at kkoenig@woodworkingnetwork.com or Google+.

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