Bassett board rejects CSC Generation proposal to acquire 100% of company
BASSETT, Va., – Bassett Furniture Inds. said it has rejected two unsolicited, preliminary non-binding proposals from CSC Generation Holdings to acquire the company, after its …
Category: Manufacturing
Ashley Furniture, Ron & Joyce Wanek Foundation award more than $280K to enhance robotics education
ARCADIA, Wis. – Ashley Furniture Industries and the Ron & Joyce Wanek Foundation have awarded more than $280,000 to implement and enhance robotics education this school …
CSC Generation makes bid to acquire full ownership of Bassett Furniture
BASSETT, Va. – CSC Generation has made a bid to acquire 100% of the outstanding shares of Bassett Furniture Corp. in an all-cash deal for …
Universal Furniture’s U/Choose offering delves into custom upholstery
Company expects broad offering to become an important part of its domestic program moving forward CONOVER, N.C. — Universal Furniture is looking to take its …
Latest CIN regional report highlights consumer preferences in the Midwest
HIGH POINT — A look at our latest Consumer Insights Now research covering the Midwest once again highlights some interesting trends related to what types …
Modway adds first American-made upholstery collections at High Point Market
HIGH POINT — Full-line furniture resource Modway is expanding its product mix to include American-made upholstery manufactured with Amish-built, solid wood frames that are available …
Corsicana names Sally Erickson executive VP, chief financial officer
DALLAS — Corsicana Mattress Company has named Sally Erickson executive vice president and chief financial officer. She fills a position formerly held by Matthew Veedon, …
Q&A: Peter Halunen, DiGio’s new president, sales and marketing, North America
HIGH POINT — In August, DiGio Leather Sofas announced it hired industry veteran Peter Halunen as president, sales and marketing for the North American market. …
Latexco ceases U.S. production
Company said move is related to weak demand in the U.S. market LAVONIA, Ga. — Latexco US, a producer of latex and polyurethan foam to …
Marge Carson to close its doors after 75 years in business
Decision will allow company CEO Jim LaBarge to focus on health-related issues CITY OF INDUSTRY, Calif. — Luxury, custom furniture manufacturer Marge Carson is closing …
