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From Home Furnishing Business

Bassett Directors Approve Dividend Increase

Directors of Bassett Furniture Inds. have approved a 1-cent hike in the company’s quarterly cash dividend to 11 cents per share.

HFB Announces 2017 Forty Under 40

Millennials may bear some of the blame for what ails the furniture industry, but Home Furnishings Business has identified 40 Millennials who are doing everything they can to keep the industry thriving for decades to come.

Turkish Company to Re-Open Former Microfibres Plant

A Turkish textile producer who acquired certain assets of bankrupt fabric producer Microfibres said it plans to re-open the former Microfibres plant in Winston-Salem, N.C.

Canadian Producer Marshall Mattress to Make U.S. Debut in Vegas

 Marshall Mattress, a 117-year-old Canadian bedding producer whose founder developed the first pocketed coil innerspring unit, is returning to the U.S. market with the opening of a showroom at this month’s Las Vegas Market.

Sherwin-Williams Names Lauren West to Color Marketing Post

Furniture industry veteran Lauren West has been named color marketing manager for Sherwin-Williams industrial wood coatings division.

Flexsteel Promotes Newlin to VP of Home Furnishings Business

Upholstery and case good resource Flexsteel Inds. (NASDAQ: FLXS) has promoted Tim Newlin to vice president of its home furnishings business.

Ashley to Add E-Commerce Center to Pennsylvania Site

Ashley PA GroundbreakingAshley Furniture has begun an expansion of its facility in Leesport, Pa., breaking ground this week on a 465,000 square-foot e-commerce fulfillment and distribution center.

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