Current:Home > NewsAshley home furnishings to expand Mississippi operations -GrowthProspect
Ashley home furnishings to expand Mississippi operations
View
Date:2025-04-15 10:14:55
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! (1534)
Related
- Senate begins final push to expand Social Security benefits for millions of people
- World War II bunkers built by German army unearthed during nature restoration project in Belgium
- Over 120 dogs rescued, 8 arrested in suspected dogfighting network in New Jersey
- Justice Department blasts GOP effort to hold Attorney General Garland in contempt over Biden audio
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Tennesse hires Marshall's Kim Caldwell as new basketball coach in $3.75 million deal
- Stock market today: Asian shares mostly rise as investors look to earnings and inflation signs
- Missouri to reduce risk of suffering if man requires surgical procedure at execution
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Defending champ UConn returns to NCAA title game, beating Alabama 86-72
Ranking
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- How often total solar eclipses happen — and why today's event is so rare
- Justice Department blasts GOP effort to hold Attorney General Garland in contempt over Biden audio
- 'Curb Your Enthusiasm' finale: Larry David's 12-season neurosis ends with 'Seinfeld' do-over
- Military service academies see drop in reported sexual assaults after alarming surge
- New Jersey officials drop appeal of judge’s order to redraw Democratic primary ballot
- See the list of notable past total solar eclipses in the U.S. since 1778
- Campbell “Pookie” Puckett and Jett Puckett Prove Their Red Carpet Debut Is Fire at CMT Music Awards
Recommendation
Moving abroad can be expensive: These 5 countries will 'pay' you to move there
'NCIS: Origins' to Tiva reunited: Here's what's up as the NCISverse hits 1,000 episodes
More proof Tiger Woods is playing in 2024 Masters: He was practicing at Augusta
What happens during a solar eclipse? Experts explain the awe-inspiring phenomena to expect on April 8
Pressure on a veteran and senator shows what’s next for those who oppose Trump
Dawn Staley thanks Caitlin Clark: 'You are one of the GOATs of our game.'
Total solar eclipse 2024: Watch livestream of historic eclipse from path of totality
These numbers don't lie. South Carolina has chance to be greatest undefeated women's team