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From Home Furnishing Business
RHF Investments, Inc. Announces Acquisition of New Partners
December 1,
2022 by HFBusiness Staff in Business Strategy, Industry
RHF Investments, Inc., the parent company of Century Furniture, Hancock & Moore, Hickory Chair, Jessica Charles, Highland House Furniture, Maitland Smith and Cabot Wrenn announces the acquisition of the operations and assets of Classic Leather and St. Timothy Furniture.
Classic Leather is a 56-year-old producer of high end, custom upholstery with a 125,000 square foot production facility in Conover, NC.
“Since the founding of Classic Leather in 1966, we have crafted high-quality, artisan furniture, entirely manufactured in Hickory, North Carolina. Our partnership with RHF represents tremendous opportunity for our employees, and for the legacy of Classic Leather and its founder, Tom Shores, Sr.,” says Tom Shores, Jr., president and owner of Classic Leather.
Shores, Jr. continued, “In fact, this partnership feels in many ways full circle to us. My father started his career in furniture manufacturing with Century Furniture, working closely with Harley Shuford, who remained a mentor and lifelong friend even after my father started Classic Leather.”
“We are so excited about this opportunity and enthusiastic about working with the Century Furniture brands and RHF Investments,” Shores, Jr., concluded.
“Classic Leather has a legacy of crafting high quality upholstery and highly skilled employees. We could not be more excited to welcome this strong group of artisans into the Rock House Brands family. We will work to continue the legacy that the Shores family has created,” stated Alex Shuford III, CEO RHF, Inc.
The transaction will gradually boost the upholstery capacity for Rock House Brands as the Classic Leather factory completes its existing backlog and converts over to Rock House Brands production.
The factory currently employs over eighty individuals and Rock House Brands expects to expand the workforce through hiring and training over the coming months.