TITLE

Industry News

PUB. DATE
March 2007
SOURCE
Furniture/Today;3/12/2007, Vol. 31 Issue 27, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents news briefs related to the furniture industry. SCSF Equities LLC, has acquired a 5% stake in Furniture Brands International. Bassett Furniture Industries Inc. is closing its wood furniture plant in Bassett, Virginia. Al Boulden, senior vice president of sales at Sealy Corp., will retire from the company on March 30, 2007.
ACCESSION #
24354465

 

Related Articles

  • Bassett closing more U.S. facilities.  // Furniture/Today;8/27/2001, Vol. 25 Issue 50, p2 

    Reports the closure of Bassett Chair plant and the associated rough mill of Bassett Furniture Industries Inc. to give way to table and crib importation in Virginia. Impact of the closure to the employees; Objective of the reorganization plan; Order rates of the company.

  • Sealy eyeing furniture stores with Bassett brand. Thomas, Larry // Furniture/Today;08/14/2000, Vol. 24 Issue 48, p53 

    Comments on the purchase of furniture store Bassett by beddings manufacturer, Sealy. Strategy for competition in the furniture industry; Plan of Sealy to grow the Bassett bedding line.

  • Bassett closing Ga. wood plant. Evans, Gary // Furniture/Today;8/9/2004, Vol. 28 Issue 48, p4 

    Reports that Bassett Furniture Industries Inc. will close its Macon, Georgia wood furniture plant and consolidate its operations into other Bassett facilities. Impact of the shutdown on workers; Efforts to strengthen the remaining facilities; Strategy for wood products.

  • Bassett To Increase Imports, Close Plant.  // Wood & Wood Products;Sep2001, Vol. 106 Issue 10, p12 

    Reports on the plan of Bassett Furniture Industries Inc. to import more occasional tables and chairs in 2001. Chair plant which will be closed by Bassett; Number of people who lose their jobs in the closure.

  • Bassett closing hometown plant. Spilman Jr., Rob // Furniture/Today;3/12/2007, Vol. 31 Issue 27, p4 

    The article reports that Bassett Furniture Industries Inc. is closing its sprawling wood furniture plant in Bassett, Virginia. The shutdown of the 323,000-square-foot facility is due to increasing demand for imports. The step is taken as a move for the transformation of the company from being...

  • Sealy keeps lead, Simmons rises to No. 2. Perry, David // Furniture/Today;2004 Bedding Yearbook, Vol. 29, p10 

    Provides information on the financial performance of various bedding retailers in the U.S. Increase on the revenue growth of Sealy Mattress Inc.; Total wholesale bedding shipments of Stearns and Foster company; Assessment on the quality of the products distributed by Bassett Furniture Industries...

  • Bassett 4Q sales up 4.4%, off 2% for year. Slaughter, Powell // Furniture/Today;1/19/2004, Vol. 28 Issue 20, p38 

    Reports on the sales posted by full-line manufacturer-importer Bassett Furniture Industries Inc. in the U.S. Losses incurred related to the closing of its factory in Dublin, Georgia; Progress demonstrated in the cash flow it generated; Number of stores opened by the licensees.

  • Lexington, Bassett closing facilities.  // Furniture/Today;10/10/2005, Vol. 30 Issue 6, p4 

    Reports on the plan of wood furniture manufacturing companies, Lexington Home Brands Inc. and Basset Furniture Industries Inc., to close their respective wood furniture plants in North Carolina. Number of employees affected by the plant shutdowns; Plan of Bassett Furniture to take a pretax...

  • Bassett to close two divisions.  // Wood & Wood Products;Aug97, Vol. 102 Issue 9, p13 

    States that the Bassett Furniture company is closing two of its divisions in Virginia. Identification of the divisions; Reasons for the closures; Impact of the closures on the company's sale.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics