Current:Home > ContactAshley home furnishings to expand Mississippi operations -MoneySpot
Ashley home furnishings to expand Mississippi operations
EchoSense View
Date:2025-04-08 12:21:38
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! (88)
Related
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- This week on Sunday Morning (June 2)
- American Airlines removed Black men from flight after odor complaint, federal lawsuit says
- Medline recalls 1.5 million bed rails linked to deaths of 2 women
- Trump invites nearly all federal workers to quit now, get paid through September
- WNBA commissioner says charter flight program still has a few kinks but is running smoothly
- The NBA Finals are set, with Boston set to face Dallas for the Larry O’Brien Trophy
- Just graduated from college? Follow these job-hunting tips from a career expert.
- Trump issues order to ban transgender troops from serving openly in the military
- Seattle police chief dismissed amid gender, racial discrimination lawsuits
Ranking
- Senate begins final push to expand Social Security benefits for millions of people
- 2 climbers stranded with hypothermia await rescue off Denali, North America's tallest mountain
- Mayoral candidate murdered, another wounded days before Mexico elections
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Late Night
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Answers to your questions about Donald Trump’s historic hush money trial conviction
- Kris Jenner Details Final Conversation With Nicole Brown Simpson Before Her Murder
- A necklace may have saved a man’s life by blocking a bullet
Recommendation
See you latte: Starbucks plans to cut 30% of its menu
WNBA All-Stars launch Unrivaled, a 3-on-3 basketball league that tips in 2025
Angelina Jolie and Brad Pitt’s Daughter Shiloh Officially Files to Change Name
Taylor Swift Gives Blake Lively and Ryan Reynolds’ Kids Onstage Shoutout at Eras Tour Concert in Madrid
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
NBA’s Mavs and NHL’s Stars chase a Dallas double with their deepest playoff run together
Vermont governor vetoes pilot safe injection site intended to prevent drug overdoses
Jon Bon Jovi says 'Forever' pays homage to The Beatles, his wife and the working class