drexel heritage

Made In USA Furniture Takes a Hit

The Made-in-America furniture movement suffered a setback last month when Heritage Home Group announced it would close two Thomasville factories and a Lane factory effective March 21, putting more than 560 people out of work.

Furniture Brands Gets Court Approval for 'Stalking Horse' Bid

Furniture Brands International has reached a preliminary agreement for KPS Capital Partners to its acquire assets, including the Lane Business for $280 million. It includes enhanced terms on DIP financing and extends offers of employment to substantially all current employees
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