Printer Friendly
The Free Library
14,537,391 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

La-Z-Boy sells American of Martinsville.


MONROE Monroe.

1 Industrial city (1990 pop. 54,909), seat of Ouachita parish, SE La., on the Ouachita River; founded c.1785, inc. as a city 1900. The center of the great Monroe Natural Gas Field (discovered 1915), it has important chemical plants, as well as
, MI -- La-Z-Boy
This article is about the company. For the piece of furniture colloquially called a "Lazyboy", see recliner.
La-Z-Boy Incorporated is a furniture manufacturer based in Monroe, Michigan, USA, and is one of the world’s leading producers of
 Inc. announced completion of the sale of its American of Martinsville subsidiary to Hancock Park
For the Los Angeles neighborhood, see Hancock Park, Los Angeles, California


Hancock Park is a park in Miracle Mile, Los Angeles, California which is the location of the La Brea Tar Pits, the George C. Page Museum of La Brea Discoveries, and LACMA.
 Assoc., a Los Angeles-based private equity firm. Terms of the deal were not immediately disclosed.

American of Martinsville represented approximately 5% of La-Z-Boy's total revenue of $1.92 billion in the company's Last fiscal year. La-Z-Boy President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Kurt Darrow, said, "While American of Martinsville is a great company and a Leader in the hospitality arena, it is not core to our strategy as a residential company."
COPYRIGHT 2006 Vance Publishing Corp.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:TRENDS & NEWS
Publication:Wood & Wood Products
Geographic Code:1USA
Date:Aug 1, 2006
Words:86
Previous Article:BIFMA asks Canada to reconsider purchasing plan.(TRENDS & NEWS)
Next Article:Stiles announces sixth annual EBC.(TRENDS & NEWS)
Topics:



Related Articles
Contract furniture manufacturers strive to meet the challenges of the coming year. (1996)
That's entertainment! (growing popularity of home entertainment cabinet units in the US)(Design Lines)
American of Martinsville Wins Export Award.
Contract Furniture Makers Look for Smoother Times Ahead.(industry forecasts)(Industry Overview)(Statistical Data Included)
A Rough Patch for Residential Furniture.(American Furniture Manufacturers Assn.)
Manufacturers' Web Sites Sell by Educating.(La-Z-Boy Inc.)(Brief Article)
La-Z-Boy to close two plants in the South. (Trends & News).(Brief Article)
Home furniture makers report improving sales. (Trends & News).(Brief Article)(Statistical Data Included)
La-Z-Boy to restructure, close three plants. (Trends & News).(Brief Article)
YOUR PLACE.(U)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles