At the High Point Market, Klaussner Furniture spins out a line with country singer Tricia Yearwood, and Chicago Bears' Jared Allen joined with Lane Furniture to unveil the Valor recliner, sales funding Allen's Home For Wounded Warriors Foundation.

ASHEBORO, NC -- Upholstered furniture producer Klaussner Co. announced it will close its furniture manufacturing plant in Milford, IA, putting more than 100 people out of work.

Klaussner Furniture announced it has promoted three members to its executive team. The company also appointed a new vice president of case goods.