VERONA, Miss. — United Furniture Industries will take over the former Lane Furniture Industries plant in Verona, after offering $1.45 million for the 475,000-square-foot facility.
United Furniture, the manufacturer of Simmons Upholstery, plans to use the new site as a manufacturing facility for stationary furniture. Doug Hanby, United’s chief financial officer, said he hopes the plant will become operational during the first quarter of 2015. It is unknown at this time how many employees United will hire to operate the new plant.
The Verona property is one of 17 properties in Mississippi, North Carolina, Tennessee and Virginia belonging to the former Furniture Brands International, which filed for bankruptcy protection in September 2013. In November, KPS Capital purchased substantially all of FBI’s brand assets and renamed the company Heritage Home Group. In addition to Thomasville and Lane, the brands also included Broyhill, Drexel Heritage, Henredon, Pearson, Hickory Chair, Lane Venture, Maitland-Smith and LaBarge.
Earlier this year Heritage Home Group announced it would auction off those 17 properties, including the 353,000-square-foot former location of Thomasville's brand headquarters in Thomasville, NC and an 800,000-square-foot Thomasville manufacturing facility in Appomattox, VA.
In June United Furniture invested $5 million to convert a former Hanesbrands factory into an upholstered furniture plant and distribution center in Winston-Salem, N.C.
United Furniture has been in an expansion mode. Last year the company expanded its upholstery plant in Nettleton, MS. United Furniture currently has approximately 3,000 employees with facilities in Mississippi, North Carolina and California.
In addition to Simmons, United also produces stationary sofas, Beautyrest upholstery, reclining sofas, recliners, sectionals and Hide-A-Bed sleepers.
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