Norman Coley, president of upholstery producer Lee Inds., died unexpectedly Saturday. He was 52.
FurnitureDealer.net has bought the building and surrounding property at 311 S. Elm Street in High Point to create a permanent hangout space in the heart of the Market district.
America's shale boom has raised hopes of a revival in U.S. manufacturing, in part fueled by cheaper energy. But U.S. factories still are losing ground to rivals in Asia and Europe.
Consumers have boosted their annual furniture spending since the end of the recession in 2009.
National furniture buying group Furniture First will hold its 2015 Symposium at the Omni Hotel in Nashville, Tenn., May 31 - June 2.
The American Society of Furniture Designers reported that this year's new rebranding initiative met with great success.
A Wisconsin board overseeing the state's job creation agency has approved a $6 million tax credit for Ashley Furniture Inds. The credit includes a condition that would allow the company to eliminate half of its Wisconsin workforce.