Heritage Home Group is selling its Lane Furniture business to United Furniture Industries, including Lane's 750,000-sq.ft. upholstery plant and 202,000 sq.ft. Royal Development recliner mechanism facility.
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.
By Bill Esler
Two Thomasville furniture factories and a Lane Furniture operation will close as Heritage Home Group, the former Furniture Brands, restructures following its bankruptcy. Approximately 564 will be laid off.
MISSISSIPPI STATE UNIVERSITY, MS --Lane Furniture Company and American Furniture Company have received a total of $650,000 to upgrade lighting and cooling/heating systems from the Mississippi Development Authority with assistance from the Franklin Furniture Institute.
In recent weeks we have posted a handful of news items illustrating how some states and local economic development agencies are taking a proactive approach to help bring wood products businesses – and jobs – their way.