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James Edgar Broyhill (1892–1988), founder of Broyhill Furniture; Jim Broyhill (1927–2023), American politician and U.S. Representative and Senator from the state of North Carolina, son of the above; Joel Broyhill (1919–2006), American politician and a Congressman from Virginia for 11 terms, from 1953 to 1974
United Furniture Industries Inc. signed an agreement to buy Lane Company by the end of 2017. [14] Heritage sold Lane Ventures to Bassett Furniture Industries for $15.1 million in December 2017. [15] Heritage announced the formation of the three business units. Harvey Dondale would be president of Broyhill, a position he held from 2005 to 2007.
The acquisitions gave Broyhill another 150,000 square feet of floor space, machinery, and a large line of medium-to-low price furniture. Broyhill added a sixth plant in 1942, acquiring The Wrenn Furniture Company at another bankruptcy auction. In 1954, Broyhill built his first new plant on a 65-acre tract located just outside of Lenoir.
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Pages in category "Defunct department stores based in New York City" The following 28 pages are in this category, out of 28 total. This list may not reflect recent changes .
The company has lost money every year since 2007 and was delisted from the New York Stock Exchange twice in less than a year. Analyst Budd Bugatch of Raymond James & Associates compared Furniture Brands board members to the pigs in George Orwell's Animal Farm. [28] On September 9, 2013, Furniture Brands filed for Chapter 11 bankruptcy.
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