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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. Thomasville & Co., with Regan Iglesia as president, would include Thomasville, Drexel and Henredon.
Broyhill Furniture of Lenoir, North Carolina, United States 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
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. In 1957 ...
In 1980 Interco took over Broyhill Furniture, a North Carolina company that was the world's largest privately owned furniture maker, with 20 factories and 7,500 employees. Paul Broyhill remained as CEO for five more years, leaving when Interco made changes with which he did not agree. [9]
The Broyhill Furniture company, one of the largest furniture companies in the United States and part of Heritage Home Group (KPS Capital Partners), recently closed its headquarters in Lenoir. Furniture in general has historically been one of the city's largest employers.
Thomasville Furniture began as Thomasville Chair Company in 1904, making 500 to 1000 chairs a day by 1905. Thomas Jefferson Finch and Charles F. Finch of Randolph County bought the company in 1907. Lambeth Furniture began in 1901 and was sold to Knox Furniture in 1928 and Thomasville Chair in 1932. [1]
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