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HSM is an American company globally manufacturing materials and components for transportation, furniture, bedding and other markets. It is a privately held company that is family-owned, based in Hickory, North Carolina, where it was originally founded in 1944 by Parks Underdown as the "Hickory Springs Manufacturing Company."
Lambeth Furniture began in 1901 and was sold to Knox Furniture in 1928 and Thomasville Chair in 1932. [1] B.F. Huntley Furniture began in 1906 on Patterson Avenue in Winston-Salem, North Carolina and grew into the largest bedroom and dining room furniture manufacturer in the country. Its Winston-Salem plant burned in 1956, though a two-story ...
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.
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Later, when NAFM and SFMA merged in 1984 to form the American Furniture Manufacturers Association, the SCFMA and Suppliers Division would become key components in the new organization. In 1993, imports represented roughly 25 percent of all wood household furniture sold in the United States and approximately 6 percent of upholstered household ...
Late in 2001, Masco announced Furniture Brands International would buy Henredon, Drexel Heritage and Maitland-Smith for $275 million, in a deal expected to return Furniture Brands to the number one U.S. furniture manufacturer, a title lost to La-Z-Boy when that company bought LADD in 2000. [13]
The Ashley HomeStore chain of furniture stores is composed of corporate owned stores and independently owned stores with licenses to sell Ashley Furniture products exclusively, including mattresses and accessories. There are over 1000 Ashley Furniture HomeStore retail furniture stores operating worldwide in more than 123 countries.
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