Current:Home > NewsAshley home furnishings to expand Mississippi operations -Wealth Axis Pro
Ashley home furnishings to expand Mississippi operations
View
Date:2025-04-17 19:47:58
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! (612)
Related
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Dolly Parton's first-ever rock 'n' roll album addresses global issues: I didn't think of that as political
- 'Sloppy game:' Phillies confidence shaken after Craig Kimbrel meltdown in NLCS Game 4
- Violence forced them to flee. Now faith sustains these migrants on their journey to the US
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- South Korea, US and Japan hold first-ever trilateral aerial exercise in face of North Korean threats
- Australian prime minister announces China visit hours before leaving for US to meet Biden
- Fab Morvan Reveals His Only Regret 33 Years After Milli Vanilli's Shocking Lip-Syncing Scandal
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Powell returns late interception 89 yards for TD, No. 5 Washington survives Arizona State 15-7
Ranking
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Murdaugh family home goes on sale for $1.95 million: Photos show Moselle Estate House
- UAW chief Shawn Fain says latest offers show automakers have money left to spend
- Why we love the three generations of booksellers at Happy Medium Books Cafe
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Pacific and Atlantic hurricanes Norma and Tammy make landfall on Saturday in Mexico and Barbuda
- Over 3,000 migrants have hit NYC shelter time limit, but about half have asked to stay, report says
- Thousands of pro-Palestinian demonstrators march in London as Israel-Hamas war roils the world
Recommendation
Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
GOP House panel raises questions about $200K check from James Biden to Joe Biden. Biden spokesman says there's zero evidence of wrongdoing.
Iowa woman who made fake cancer claims on social media must pay restitution but stays out of prison
Should USC and Ohio State be worried? Bold predictions for Week 8 in college football
How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
Seattle Seahawks safety Jamal Adams fined for second outburst toward doctor, per report
A car bombing at a Somali military facility kills 6 people, including 4 soldiers, police say
Seattle Seahawks safety Jamal Adams fined for second outburst toward doctor, per report