La-Z-Boy Celebrates High Point Move

November 26, 2007  by in UnCategorized   

By Home Furnishings Business in Case Goods on November 2007 Top La-Z-Boy and High Point officials joined together Monday to celebrate the opening of a divisional headquarters office after a lengthy courtship.

After hearing offers from a number of municipal suitors, La-Z-Boy moved the office that houses many of its case goods brands from Greensboro to an office park in North High Point after the city provided up to $600,000 in incentives to attract the office that will employ up to 100 workers.

At a ribbon-cutting ceremony attended by La-Z-Boy CEO Kurt Darrow and Chairman Emeritus Pat Norton, Steve Kincaid, president of the company’s case goods group, said, “We wanted to move to High Point. The furniture capital of the world is where we want to be.”

High Point Mayor Becky Smothers said the incentives package helped the company make its decision.

“We’re so proud you can call High Point home now,” she said.

The new High Point offices house administration mostly for La-Z-Boy’s case goods group, and include companies formerly belonging to Ladd Furniture, which La-Z-Boy acquired in 2000.

The High Point Economic Development Corp., the city’s major economic development arm, has said La-Z-Boy move would add up to $3.1 million to the city’s tax base.