Ashley Furniture Invests $22 Million in Expanding Mississippi Manufacturing

URLhttps://www.thomasnet.com/insights/ashley-furnitur
SourceThomas Business & Industry
Date Published08/13/2020
Author NameAndy Szal
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Ashley Furniture
Parent companyAshley Furniture Industries
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Reshoring
Total number of jobs (added or to be added):130
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Capital investment ($):22
City reshored to:Verona and Satillo
State(s) reshored to:MS
If relevant, work nearshored to:-
Industry(ies):Furniture
Product(s) reshoredfurniture, mattresses, bedding products
What domestic positive factors made reshoring more attractive?Government Incentives, Impact on domestic economy, Proximity to customers/market
Government Incentive dollar amount:undisclosed
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