Current:Home > MarketsAshley home furnishings to expand Mississippi operations -Visionary Wealth Guides
Ashley home furnishings to expand Mississippi operations
View
Date:2025-04-12 17:28:29
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! (1281)
Related
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Michigan court rejects challenges to Trump’s spot on 2024 primary ballot
- See Gigi Hadid, Zoë Kravitz and More Stars at Taylor Swift's Birthday Party
- Coca-Cola recalls 2,000 Diet Coke, Sprite, Fanta Orange soda packs
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Two University of Florida scientists accused of keeping their children locked in cages
- Live updates | As fighting rages in Gaza, a US envoy is set to meet with the Palestinian president
- Police search for man suspected of trying to abduct 3 different women near University of Arizona campus
- 'Most Whopper
- Why Drake and Camila Cabello Are Sparking Romance Rumors
Ranking
- Average rate on 30
- AP Week in Pictures: Europe and Africa
- Moderna-Merck vaccine cuts odds of skin cancer recurrence in half, study finds
- Coca-Cola recalled 2,000 Diet Coke, Sprite, Fanta cases due to possible contamination
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Oprah Winfrey's revelation about using weight-loss drugs is a game-changer. Here's why.
- Pennsylvania passes laws to overhaul probation system, allow courts to seal more criminal records
- Shawn Johnson and Andrew East Want You to Know Their Marriage Isn't a Perfect 10
Recommendation
Why members of two of EPA's influential science advisory committees were let go
Chase Stokes Reveals What He Loves About Kelsea Ballerini
Cobalt is in demand, so why did America's only cobalt mine close?
Victoria Beckham Reveals Why David Beckham Has Never Seen Her Natural Eyebrows
Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
Stock market today: Asian markets churn upward after the Dow ticks to another record high
California regulators vote to extend Diablo Canyon nuclear plant operations through 2030
AP Week in Pictures: Latin America and Caribbean