POTTSVILLE, Pa. – Ashley Furniture Industries has announced the opening of a new manufacturing location near Pottsville, Pennsylvania. The multi-million-dollar investment will create more than 50 new jobs for the area. Hiring started in early February with production beginning at the end of February. The new 100,000 sq. ft. facility, located at 50 East Keystone Boulevard, in Schuylkill County, serves as a furniture manufacturing site.

32-year-old Jason Lee Doss pled guilty to starting two fires that destroyed the American Furniture Mfg. plant in Mississippi early last year.

A second fire this year at Mississippi-based American Furniture Manufacturing (AFM) is leading authorities and company officials to believe the cause could be arson.

Ethan Allen Interiors, Inc. has announced that it has entered into a collaboration with Amazon.

American Furniture Manufacturing will invest $560,000 in a new facility in Amory, Mississippi, and hire 140 people to work there, the company announced Tuesday.

Upholstered furniture manufacturer American Furniture Manufacturing Inc. has been sold in a deal valued at $24.1 million. Majority owner Compass Diversified Holdings announced the news Oct. 6.

American Furniture Manufacturing parent Compass Diversified Holdings (NYSE: CODI) declared a quarterly cash distribution of $0.36 per share for thelatest quarter winding June 30, 2015, and payable July 29.

Compass Diversified Holdings, the parent company of American Furniture Manufacturing, reported net income of $262.5 million for the third quarter of 2014.

American Furniture Manufacturing Inc. has named Randy Spak as vice president of sales. This follows last month's appointment of J. Allen (Al) Wiygul as CEO of the upholstered furniture manufacturer.