MONROE, Mich. -- La-Z-Boy Inc. released its inaugural Environmental, Social and Governance (ESG) report highlighting the residential furniture manufacturer’s progress toward its goals to achieve sustainable products, a healthy planet, and a values-based culture.

La-Z-Boy Inc., a global leader in residential furniture, has finalized the planned closure of its Newton, Miss., upholstery manufacturing facility, expected to be effective September 16, 2022. 

La-Z-Boy, which ranked #13 in the FDMC 300 ranking of the top woodworking manufacturers, reported strong sales that exceed pre-pandemic levels for the quarter but said that supply chain issues and COVID-related labor shortages have hurt production and kept delivery times at historic levels. 

La-Z-Boy, number 13 on the FDMC 300, will invest more than $30 million over two years to upgrade its manufacturing plant in Neosho, Missouri.