DENTON, NC - RHF Investments, Inc., the parent company of Century Furniture and Highland House Furniture, agreed to buy assets of these furnishings firms: Hancock & Moore, Jessica Charles and the 200 Steele showroom building in High Point, NC.
They will also purchase selected assets of Thomas & Gray and Councill Furniture, excluding Councill’s production facilities in Denton, NC, which will be wound down. The Denton factory will close in June, according to a WARN notice issued by the state of North Carolina, resulting in 121 layoffs.
"We see this as gaining new members to our family,” said Alex Shuford, III, President of Century Furniture. “The synergies between the two companies are too numerous to list; from the Cabot Wrenn opportunity in commercial furnishings to Century’s expertise in complex logistics.
The current owners, Jack Glasheen, Jimmy Moore and Tim Rogers, will remain with the newly combined company in executive leadership positions.
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