MONROE, MI - Residential furniture maker La-Z-Boy celebrated on Friday the recent opening of its 200,000-square-foot, $60 million World Headquarters in Monroe, MI.

The three-story facility currently houses 500 employees, with room for growth. According to the company, it features an open floor plan and flexible workspace, designed to help foster greater collaboration, innovation and creativity, and includes treadmill desks and rooftop patios. The new building is located on 120 acres, roughly a mile from La-Z-Boy's original location in Monroe, and includes 80 acres of an untouched nature preserve with a protected oak savanna. La-Z-Boy purchased the land from the Sisters and Servants of the Immaculate Heart of Mary

"We had the opportunity to build something brand new, giving every consideration to what kind of space our employees would be excited to work in, as well as represent the design and technology of our products," said Kurt L. Darrow, chairman, president and CEO for La-Z-Boy Inc. "It was also important for us to continue our commitment to Monroe and the state of Michigan. We've been a huge part of this community for over 88 years, and we're pleased to bring what we believe is one of the state's top work environments to the area."

Founded in 1927 by cousins Edward M. Knabusch and Edwin J. Shoemaker, the company today manufactures a full line of residential furniture, including recliners, reclining sofas and love seats, sleep sofas, modular furniture and leather upholstery, as well as stationary sofas, love seats and chairs. It is a division of La-Z-Boy Inc. (NYSE: LZB).

"The La-Z-Boy brand has been evolving for years with newly designed stores that feature a wide range of stylish furniture options for every home," said Darrow. "This building makes a bold statement about our brand, while still paying tribute to our roots and demonstrating our journey for the future."

The building is pending Silver LEED certification.

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