Furniture giant seeks East Coast manufacturing site
Ashley Furniture looks to restart expansion in region
FurnitureToday.com is reporting that the nation’s largest furniture manufacturer is looking to expand its manufacturing facilities in what was oncee the hotbed of American furniture manufacturing.
Ashley Furniture is looking to open a mid-Atlantic manufacturing and distribution center to go along with existing sites in Wisconsin, Mississippi, Florida, California and Pennsylvania. Ashley chairman Ron Wanek told the Website he was “optimistic that the economy is getting better,” and the facility would restart a process the company began five years ago for a mid-Atlantic location. One site mentioned was in Appomattox, VA, but Wanek did not discuss a specific site.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey