Posts Tagged ‘furniture’

Chromcraft Revington sells to Colorado company

SENATOBIA — Sport-Haley Holdings has completed its $3.45 million purchase of furniture maker Chromcraft Revington. The company, which is based in West Lafayette, Ind., has a factory in Senatobia. Apparel maker Sport-Haley of Denver paid $2.7 million, and has promised to pay another $750,000 when Chromcraft’s plant in Delphi, Ind., is sold or mortgaged, or […] [...]

Furniture manufacturer being purchased by Denver-based company

SENATOBIA — Furniture maker Chromcraft Revington Inc. is being sold for $3.45 million. The company, which is based in West Lafayette, Ind., and has a factory in Senatobia, has agreed to merge with Denver-based apparel maker Sport-Haley Holdings. Sport-Haley would pay $2.7 million when the deal closes. It would pay another $750,000 when Chromcraft’s plant […] [...]

Fire forces Alabama company to relocate plant to state

PLANTERSVILLE — A mattress maker will relocate its operations to a vacant facility near Tupelo after lightning sparked a fire that destroyed its Double Springs, Ala., factory. Posturecraft Mattress Co. will open a plant in the former location of National Mattress Co. in Plantersville, with plans to hire 125 to 150 people, state Rep. Steve […] [...]

Furnituremaker files for bankruptcy, to lay off nearly 1,500 workers

NORTHEAST MISSISSIPPI — A financially troubled St. Louis, Mo., furniture company that operates several facilities in Mississippi is filing for Chapter 11 bankruptcy and is set to lay off its 1,451-person workforce in the state. Furniture Brands International designs, manufactures and markets furniture under a variety of notable brand names, including Broyhill and Thomasville. Its […] [...]

Furniture Market gets state money; earmarked for recruitment

TUPELO — The Tupelo Furniture Market is receiving $250,000 from the state to market the biannual show. The 2013 Legislature approved the funding. The money will come from the Forest and Wildlife Research Center at the state College Board. The market has not gotten any state money for the past two years. Furniture market president […] [...]

Furniture Market date moved, exhibitors could be lost

TUPELO, Miss. (AP) — The spring Tupelo Furniture Market, originally scheduled for mid-February, will now be held Jan. 16-19. The fall market will be Aug. 15-18 as planned. TFM president Kevin Seddon tells the Northeast Mississippi Daily Journal the move means the Tupelo date also will be bracketed by the Atlanta International Gift and Home Furnishings […] [...]

Furniture maker opening another facility; creating 60 jobs

VERONA — Ashley Furniture Industries is locating operations in a 275,000-square-foot facility in Verona, and will create 60 jobs at its new facility, according to the Mississippi Development Authority. Ashley Furniture maintains manufacturing operations in Ecru and Ripley. The furniture manufacturer will use its new Verona facility, which is located on a 35-acre site in […] [...]

Companies invited to Mexico for furniture trade show

MEXICO CITY, Mexico — The Mississippi Development Authority (MDA) is inviting Mississippi businesses to participate in Magna Expo Mueblera, a Mexican supplier show for the furniture industry, to be held Jan. 23-26, 2013, in Mexico City, Mexico. The show will connect participating Mississippi companies in the home/office furniture and furniture supplies industries with business opportunities […] [...]

Investment company acquires JBHM Education Group

JACKSON — Weld North Holdings LLC, an investment company based in New York, has acquired a 100 percent interest in JBHM Education Group. The transaction closed in September. Terms of the agreement were not disclosed. Weld North intends to combine JBHM Education Group with recently acquired Editure Professional Development Inc. of New York, creating a […] [...]

Officials see possible return of furniture-making jobs

STARKVILLE — Mississippi spent 50 years poaching factories from the North with cheap land, labor and government incentives before hitting headwinds from China, where labor was even cheaper. But industry leaders said yesterday at Mississippi State University that the Magnolia State and the rest of the U.S. have a chance to reverse manufacturing losses. “I […] [...]

« Previous Page Next Page »

Recent Posts

Polls

How ready is your business for health care reform?

View Results

The MBJ poll should not be considered a scientific one. Results reflect only the opinion of those who participate.

Loading ... Loading ...

Recent Comments