Also Know, who took over Lane Furniture? United Furniture Industries to acquire Lane. Lane's large selection of upholstered furniture in leather and fabric is manufactured in Tupelo, Mississippi, while its wood furniture is imported from all over the world and mostly assembled in the U.
Lane are a mid range home furniture provider and won't compete with the more expensive brands , however they are providing good value and the fact that they've been around for so long shows they're doing something right. Lane Furniture is well known for its recliners and other residential furniture. Is Ashley Furniture good quality? Ashley is best known for affordable furniture and their giant HomeStores. Their products are aimed at the budget-minded consumer looking for quick delivery.
The furniture is of reasonable quality, but not the best. Does lazyboy make quality furniture? La-Z-Boy furniture is known for their quality. They are the only company in America that tests their furniture at 2 times the industry standard. The sale is expected to be completed before the end of the year and includes Lane's ,square-foot upholstery plant in Belden, Mississippi, and its , square-foot Royal Development recliner mechanism facility in High Point, North Carolina. At the same time, the proceeds of the sale will provide additional capital to further strengthen our prestigious portfolio and fund expansion.
Our executive team thanks all Lane employees for their dedication and wishes them continued success as the business begins an exciting new chapter in its storied history. Our companies are a perfect fit and poised for growth. UFI said it plans to retain all current Lane employees. UFI is a privately held residential furniture manufacturer headquartered in Tupelo, Mississippi. The , square foot facility located at Kettering Road sits on Ken Smith , an audit partner with Triad accounting firm Smith Leonard who monitors furniture trends, told Triad Business Journal the facility is part of the Royal Development division, which manufactures the motion mechanism used in Lane recliners.
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