Current:Home > MarketsAshley home furnishings to expand Mississippi operations -Legacy Profit Partners
Ashley home furnishings to expand Mississippi operations
View
Date:2025-04-17 12:49:52
JACKSON, Miss. (AP) — Ashley Furniture Industries plans an $80 million expansion at its two facilities in Mississippi’s Lee County, creating at least 500 new jobs as a result.
The Mississippi Development Authority said Wednesday the project will expand Ashley’s foam and mattress production in Verona through the purchase and renovation of a neighboring facility and the construction of a new one. The company also plans to expand operations in Saltillo, currently the country’s largest mattress plant, with a substantial investment in equipment and operations, the agency said.
“This strategic investment reinforces our commitment to growth and allows us to better serve our customers. By expanding our capabilities in Mississippi, we are creating more job opportunities and strengthening our presence in the region,” said Ashley CEO and President Todd Wanek in a news release.
“Ashley Furniture is already one of Mississippi’s most well-known job creators,” Gov. Tate Reeves said. “As the world’s largest manufacturer of home furnishings, Ashley’s historic commitment to Mississippi is a major boon for our entire state. ... This fantastic project only further highlights Mississippi’s global reputation as a destination for business and manufacturing.”
Ashley, the largest manufacturer of home furnishings in the world, said the project is expected to be completed by the end of 2025.
veryGood! (8433)
Related
- A South Texas lawmaker’s 15
- That time ‘Twister’ star Bill Paxton picked me up at the airport in a truck
- John Galt Is the Best Place to Shop It Girl Basics and They Start at Just $15
- Shop Amazon Prime Day's Back to School Deals: Classroom & Dorm Essentials for Every College Student
- North Carolina justices rule for restaurants in COVID
- Prime Day 2024: Save On These 41 Beauty Products Rarely Go on Sale- Tatcha, Color Wow, Laneige & More
- Kaspersky to shutter US operations after its software is banned by Commerce Department, citing risk
- Why pasta salad isn't always healthy, even with all those vegetables
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Texas set to execute Ruben Gutierrez in retired teacher's death on Tuesday. What to know.
Ranking
- 'Most Whopper
- Man charged with murdering 2 roommates after body parts found in suitcases on iconic U.K. bridge
- Miranda Lambert Stops Concert Again to Call Out Fans Causing Drama
- 75-year-old man missing for 4 days found alive by K-9 in Maine bog
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- Why Wait Till December? These Amazon Prime Day Deals Make Great Christmas Gifts, Starting at $7
- What is Demolition Ranch, the YouTube channel on Thomas Matthew Crooks' shirt?
- Georgia football grapples with driving violations, as Kirby Smart says problem isn’t quite solved
Recommendation
Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
How many points did Bronny James score tonight? Lakers Summer League box score
Texas man who's sought DNA testing to prove his innocence slated for execution in 1998 stabbing death of woman, 85
Internet explodes with 50 Cent 'Many Men' memes following Trump attack; rapper responds
Meta releases AI model to enhance Metaverse experience
I'm a Shopping Editor, Here's What I'm Buying From Prime Day 2024: The Top 39 Best Deals
2024 MLB Home Run Derby highlights: Teoscar Hernández becomes first Dodgers champion
Trump expected to announce his VP running mate today as RNC gets underway