Ashley Furniture to Acquire Homestar N.A.
Ashley Furniture Industries, Inc., Arcadia, WI, announced the purchase of Homestar North America LLC’s Statesville, NC facility. The 309,620 sq. ft. facility will produce ready-to-assemble bedroom, entertainment, occasional tables, and home office furniture and currently generates over $50 million in annual sales. The Statesville RTA facility is 309,620 sq. ft. with approximately 180 employees. See Press Release and Ashley Furniture