Current:Home > Contact-usAshley home furnishings to expand Mississippi operations-VaTradeCoin
Ashley home furnishings to expand Mississippi operations
View Date:2025-01-05 20:37:39
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! (1)
Related
- Voters in Oakland oust Mayor Sheng Thao just 2 years into her term
- A pregnant woman in Kentucky sues for the right to get an abortion
- Hunter Biden indicted on tax crimes by special counsel
- Indonesia suspects human trafficking is behind the increasing number of Rohingya refugees
- Sydney Sweeney Slams Women Empowerment in the Industry as Being Fake
- Watch livestream: Ethan Crumbley sentencing for 2021 Oxford school shooting
- Californian passes state bar exam at age 17 and is sworn in as an attorney
- 'Leave The World Behind' director says Julia Roberts pulled off 'something insane'
- Kevin Costner says he hasn't watched John Dutton's fate on 'Yellowstone': 'Swear to God'
- China says its warplanes shadowed trespassing U.S. Navy spy plane over Taiwan Strait
Ranking
- Agents search home of ex-lieutenant facing scrutiny as police probe leak of school shooting evidence
- Watch livestream: Ethan Crumbley sentencing for 2021 Oxford school shooting
- Taylor Swift’s Eras Tour is the first tour to gross over $1 billion, Pollstar says
- How a top economic adviser to Biden is thinking about inflation and the job market
- Detroit Mayor Mike Duggan says next year will be his last in office; mum on his plans afterward
- A pregnant woman in Kentucky sues for the right to get an abortion
- Kevin Costner Sparks Romance Rumors With Jewel After Christine Baumgartner Divorce Drama
- U.S. and UAE-backed initiative announces $9 billion more for agricultural innovation projects
Recommendation
-
Wreck of Navy destroyer USS Edsall known as 'the dancing mouse' found 80 years after sinking
-
Sulfuric acid spills on Atlanta highway; 2 taken to hospital after containers overturn
-
Driver strikes 3 pedestrians at Christmas parade in Bakersfield, California, police say
-
The U.S. economy has a new twist: Deflation. Here's what it means.
-
Jason Kelce collaborates with Stevie Nicks for Christmas duet: Hear the song
-
Chiefs RB Isiah Pacheco ruled out of Sunday's game vs. Bills with shoulder injury
-
Ukraine’s human rights envoy calls for a faster way to bring back children deported by Russia
-
U.S. labor market is still robust with nearly 200,000 jobs created in November