Current:Home > reviewsAshley home furnishings to expand Mississippi operations -Blueprint Money Mastery
Ashley home furnishings to expand Mississippi operations
View
Date:2025-04-11 14:31:49
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! (673)
Related
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- New York Gov. Kathy Hochul signs law to protect doctors providing out-of-state telehealth abortion pill prescriptions
- In Maine, Many Voters Defied the Polls and Split Their Tickets
- Senate 2020: In the Perdue-Ossoff Senate Runoff, Support for Fossil Fuels Is the Dividing Line
- What do we know about the mysterious drones reported flying over New Jersey?
- Poor Nations to Drop Deforestation Targets if No Funding from Rich
- Humpback Chub ‘Alien Abductions’ Help Frame the Future of the Colorado River
- Kim Cattrall Returning to And Just Like That Amid Years of Feud Rumors
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- National Governments Are Failing on Clean Energy in All but 3 Areas, IEA says
Ranking
- 'Most Whopper
- American Climate Video: The Creek Flooded Nearly Every Spring, but This Time the Water Just Kept Rising
- Why Chrishell Stause Isn't Wearing Wedding Ring After Marrying G-Flip
- Alex Rodriguez Shares Gum Disease Diagnosis
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Tom Sandoval, Raquel Leviss Can't Believe They're Labeled Pathological Liars After Affair
- Ethan Peck Has an Adorable Message for His Passport to Paris-Era Self
- Ports Go Electric in Drive to Decarbonize and Cut Pollution
Recommendation
Most popular books of the week: See what topped USA TODAY's bestselling books list
16 Father's Day Gift Ideas That Are So Cool, You'll Want to Steal From Dad
International Day of Climate Action Spreads Across 179 Countries
Biden says U.S. and allies had nothing to do with Wagner rebellion in Russia
Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
Get 5 Lipsticks for the Price 1: Clinique Black Honey, Charlotte Tilbury Pillow Talk, YSL, and More
Biden says U.S. and allies had nothing to do with Wagner rebellion in Russia
The Heart Wants This Candid Mental Health Convo Between Selena Gomez and Nicola Peltz Beckham