Current:Home > ScamsAshley home furnishings to expand Mississippi operations -Dynamic Wealth Solutions
Ashley home furnishings to expand Mississippi operations
View
Date:2025-04-12 22:10:45
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! (23)
Related
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- The risk-free money move most Americans are missing out on
- Sean and Leigh Anne Tuohy to End Michael Oher Conservatorship Amid Lawsuit
- Blinken had long, frank phone call with Paul Whelan, brother says
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Britney Spears’ Lawyer Previously Detailed Plan for Sam Asghari Prenup to Protect Her “Best Interests”
- Alabama medical marijuana licenses put on temporary hold again
- Tennessee Titans WR Treylon Burks has sprained LCL in his left knee
- A South Texas lawmaker’s 15
- FOMC meeting minutes release indicates the Fed may not be done with rate hikes
Ranking
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Out-of-control wildfires in Yellowknife, Canada, force 20,000 residents to flee
- NYC bans use of TikTok on city-owned phones, joining federal government, majority of states
- Bengals RB Joe Mixon found not guilty of aggravated menacing during traffic dispute
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Spam, a staple in Hawaii, is sending 265,000 cans of food to Maui after the wildfires: We see you and love you.
- California town of Paradise deploys warning sirens as 5-year anniversary of deadly fire approaches
- Maui official defends his decision not to activate sirens amid wildfires: I do not regret it
Recommendation
Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
2 Florida men sentenced to federal prison for participating in US Capitol riot
Wisconsin fur farm workers try to recapture 3,000 mink that activists claim to have released
'The Blind Side' lawsuit: Tuohy family intends to end conservatorship for Michael Oher
Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
Stock market today: Asia follows Wall Street lower after Fed’s notes dent hopes of rate hikes ending
Minneapolis advances measure for minimum wage to Uber and Lyft drivers
Dominican investigation of Rays' Wander Franco being led by gender violence and minors division