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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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This brought the total number of N.C. jobs cut by Furniture Brands to 8726, 2740 of those in the Triad, since 2000, during which time the company had also closed 39 of 57 U.S. plants. [21] On July 10, 2008, Furniture Brands said it would move its headquarters to Clayton, Missouri. The number of employees at the new site would increase from ...
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Knabusch and Shoemaker then upholstered their innovation and marketed it as a year-round chair. The chair was a success; they held a contest to name it—La-Z-Boy was the winner. [3] In 1969, after years primarily as a manufacturer of recliners, La-Z-Boy started designing other products including reclining sofas, sleep sofas and modular groups.