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Bassett Furniture Industries, Inc. is a furniture manufacturer and retailer, headquartered in Bassett, Virginia, United States. It was founded in 1902 by John D. Bassett, Charles C. Bassett, Samuel H. Bassett, Reed L. Stone. Bassett Furniture is one of the oldest furniture manufacturers in Virginia.
The Bassett, Virginia-based company said it had a loss of 52 cents per share. The furniture seller posted revenue of $75.6 million in the period. Bassett shares have decreased 11% since the ...
John David Bassett, Sr. (July 14, 1866 – February 26, 1965) was a noted American industrialist who formed the Bassett Furniture Company in 1902. During the late 1960s, the Bassett Furniture Industries, Inc., was the largest manufacturer of wooden furniture in the world, with sales of over $118 million in 1968.
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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