Furniture Manufacturing, Imports, Exports, Distribution & Logistics News
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Ashley unveils plans for $80M distribution, manufacturing facility in N.C.
Larry Thomas, April 20, 2012HIGH POINT — Ashley Furniture confirmed Friday that it has acquired a 640-acre site near Advance, N.C., where it will open a manufacturing and distribution facility that eventually will encompass more than 3 million square feet. More
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Tommy Tomkins retires as president, CEO of Cresent Furniture
Furniture Today Staff, April 20, 2012HIGH POINT — Charles R. "Tommy" Tomkins III, the longtime president and CEO of solid wood case goods resource Cresent Furniture, has retired from his executive role but will remain chairman of the company. More
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Prestige Motion opens warehouse, takes larger market showroom
Gary Evans, April 20, 2012HIGH POINT — Upholstery importer Prestige Motion has opened a new warehouse here and also has a new High Point Market showroom here that is allowing it to display more product than ever before. More
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Rocco Ingemi promoted to executive VP at Kathy Ireland Worldwide
Furniture Today Staff, April 20, 2012
RANCHO MIRAGE, Calif. — Rocco Ingemi, a longtime key executive at Kathy Ireland Worldwide, has been promoted to executive vice president of retail and brand management for the company. More
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Don Hunter leaves Catnapper, joins chair, bed source Med-Lift
Larry Thomas, April 20, 2012CLEVELAND, Tenn. — Don Hunter, a longtime executive with Jackson Furniture's Catnapper division, has left the company. More
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Ethan Allen cites higher sales, profits in boosting dividend
Furniture Today Staff, April 20, 2012DANBURY, Conn. — Ethan Allen Interiors has increased its quarterly dividend 29% to 9 cents per share, citing higher sales and profits. More
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Zero waste must be part of business model
Heath E Combs, April 19, 2012RALEIGH, N.C. - EarthWay Global Founder Thomas Bean believes that zero landfill waste can only be accomplished by companies that write that goal into their business models. More
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Safavieh acquires first European warehouse
Alex Lemonde-Gray, April 19, 2012
PORT WASHINGTON, N.Y. — Safavieh has acquired its first European warehouse to address increased consumer demand and sales growth overseas. More
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SFC to share survey results at High Point Market luncheon
Heath E Combs, April 19, 2012HIGH POINT - The Sustainable Furnishings Council will release its newest consumer research results at a Sunday luncheon at the High Point Market. More
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Fire halts Durham Furniture production for a few days
Michael J. Knell, April 19, 2012DURHAM, Ontario — Production at the Durham Furniture factory here will be halted for rest of the week after a fire damaged an outbuilding in the early hours of Tuesday morning, but the company said there should be no delay in shipments to retailers. More
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Ashley Furniture expected to announce North Carolina plant Friday
Jay McIntosh, April 19, 2012HIGH POINT — Ashley Furniture Inds. will open a facility in Advance, N.C., this year that eventually is expected to employ several hundred as it increases the company's presence on the East Coast, according to sources and local reports. More
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Franklin names Danny Holley western sales VP
Furniture Today Staff, April 19, 2012
HOUSTON, Miss. — Upholstery producer Franklin Corp. has named Danny Holley to the new post of vice president of sales for the western division. More
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New road eases access to United Furniture plant
Furniture Today Staff, April 18, 2012
LEXINGTON, N.C. — Government and company officials of upholstery maker United Furniture Inds. held a ribbon-cutting ceremony Tuesday for a new road that will service the company's growing operations here, according to the Lexington Dispatch. More
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Legacy Classic, Universal receive higher import safety certification
Thomas Russell, April 18, 2012HIGH POINT — Case goods resources Legacy Classic Furniture and Universal Furniture said they have received a higher level of certification from U.S. Customs and Border Protection that guards against terrorist threats relating to imported goods. More
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Flexsteel profits jump 36% on 7.6% sales increase
Larry Thomas, April 18, 2012DUBUQUE, Iowa — Improvements in its residential upholstery business helped Flexsteel Inds. register record profits in its fiscal third quarter on a 7.6% jump in sales. More
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Stanley Furniture cuts loss as sales rise 0.8% in first quarter
Larry Thomas, April 18, 2012STANLEYTOWN, Va. — Case goods manufacturer and importer Stanley Furniture slashed its net loss to $1.56 million in the first quarter on a 0.8% increase in sales. More
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Hooker Furniture names Matt Cowan VP, special accounts
Furniture Today Staff, April 17, 2012
HIGH POINT — Matt Cowan has been named as vice president of special accounts for Hooker Furniture. More
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Stars to join HGTV Home, Bassett for furniture line launch
Furniture Today Staff, April 17, 2012
HIGH POINT — Two design stars from HGTV, Emily Henderson from the network's "Secrets from a Stylist" and Taniya Nayak of "House Hunters on Vacation," will visit the HGTV Home showroom here on Monday, April 23, during the High Point Market to help Bassett launch the furniture line. More
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Chromcraft Revington reports slight sales decline, $4M-plus loss
Larry Thomas, April 17, 2012WEST LAFAYETTE, Ind. — Manufacturer and importer Chromcraft Revington said it had sales of approximately $55.3 million in 2011 and recorded a net loss of $4.2 million to $4.5 million for the year. More
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Stanley Furniture confirms it's moving headquarters to High Point
Thomas Russell, April 16, 2012HIGH POINT — Stanley Furniture made it official today, announcing it will move its headquarters from Stanleytown, Va., to High Point, to a building that also will house its High Point Market showroom. More
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