Ashley Furniture Industries is expanding its manufacturing in Mississippi with the start of operations in a 275,000-square-foot facility in Verona, and will create 60 jobs at the new plant.
Ashley Furniture has been in the state for nearly 20 years and has plants in Ecru and Ripley. It will use its new Verona facility, which is situated on a 35-acre site in the Tupelo-Lee Industrial Park South and was formerly occupied by Morgan Fabrics, to manufacture sleepers and mattresses.
The plant will also serve as a state-of-the-art replacement part and customer support center.
“This decision was the result of several years of global strategic and grass roots analysis,” said Ashley President & CEO Todd Wanek.
The Verona facility, he said, is in close proximity to Ashley’s existing facilities in Ripley and Ecru, is serviced by a rail line and is located in a Foreign Trade Zone.
The Mississippi Development Authority (MDA) provided assistance for infrastructure improvements through the Community Development Block Grant (CDBG) program in support of the project.
Ashley Furniture began operations in the Mississippi in 1994 and says it has created more than 3,000 jobs in the state.
January 23, 2013
Business, Economic Development, Manufacturing/Private Companies