DAYTON, TN - La-Z-Boy is seeking help from local and state officials to help it expand its manufacturing plant in Dayton.
The Monroe-MI, based company has submitted a proposal to the Rhea County Commission to acquire property adjacent to its factory and lease it back to the company, according to the Times Freedom Press.
The expansion could result in up to 80 new jobs and $4 million in payroll, this on top of some 300 jobs already added by La-Z-Boy this year, according to the Times. The Tennessee Valley Authority reportedly has agreed to arrange financing for purchasing the land for $120,000.
The Dayton plant is one of eight manufacturing facilities featured on the "Made in America" section of La-Z-Boy's website. The 1.2-million-square-foot plant opened in 1973 and produces recliners, sleep sofas, reclining sofas and stationary sofas.
Motion furniture appears to be much in demand. Last week, Ashley Furniture Industries broke ground on a $6 million expansion of its manufacturing complex in Whitehall, WI, to make motion furniture.
Last December, Southern Motion said it would invest $3 million to convert a former Forefront Golf distribution center in Balwin, MS, to produce a new line of upholstered recliners. This came on the heels of the company completing a new 180,000-square-foot plant in Ponotoc, MS, to make motion furniture.
Separately, La-Z-Boy has extended its contract with actress Brooke Shields to serve as celebrity spokesperson.
Have something to say? Share your thoughts with us in the comments below.