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Stanton gets capital infusion

By Furniture Today Staff -- Furniture Today, March 3, 2002

TUALATIN , Ore. — Upholstery producer Stanton International has received an infusion of capital via a partnership with Cornerstone Partners in New York.

Mike Raine, chief executive officer, said the partnership "will strengthen Stanton's position in the marketplace and enable us to continue our current growth rate." He did not release more details and could not be reached for comment.

Stanton produces mid-priced upholstery in plants in Tualatin, Ore., and Stockton, Calif.

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