Current:Home > ContactAshley home furnishings to expand Mississippi operations -GlobalInvest
Ashley home furnishings to expand Mississippi operations
PredictIQ View
Date:2025-04-08 17:07:50
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! (26)
Related
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Yankees ace Gerrit Cole out until at least May, will undergo more elbow exams
- Kansas will pay $1 million over the murder of a boy torture victim whose body was fed to pigs
- 500 pounds of pure snake: Massive python nest snagged in Southwest Florida
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Michael Strahan Surprises Daughter Isabella With Visit From Her Favorite Celebrity Amid Cancer Battle
- Lionel Messi, Luis Suárez connect to open scoring for Inter Miami vs. Nashville SC
- What is Pi Day? The day combines math and dessert for a sum that comes full circle
- All That You Wanted to Know About She’s All That
- What is Pi Day? The day combines math and dessert for a sum that comes full circle
Ranking
- Meta donates $1 million to Trump’s inauguration fund
- Neti pots, nasal rinsing linked to another dangerous amoeba. Here's what to know.
- Mars Wrigley promotes chewing gum as tool to 'address the micro-stresses of everyday life'
- '1 in 400 million': Rare cow with two heads, four eyes born at a farm in Louisiana
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Los Angeles Chargers' Joe Hortiz, Jim Harbaugh pass first difficult test
- Two-thirds of women professionals think they're unfairly paid, study finds
- Where Love Is Blind’s Jimmy and Jessica Really Stand After His Breakup With Chelsea
Recommendation
Stamford Road collision sends motorcyclist flying; driver arrested
Michigan jury returning to decide fate of school shooter’s father in deaths of 4 students
Christie Brinkley Shares Skin Cancer Diagnosis
Michigan woman’s handpicked numbers win $1M on Powerball. She found out on Facebook.
Trump's 'stop
Stolen calculators? 2 men arrested in Minnesota, police add up that it may be a theft ring
After a pregnant New York teacher collapses in classroom and dies, community mourns
Psst! Your Fave Brands Now Have Wedding Dresses & Bridal Gowns—Shop From Abercrombie, Reformation & More