When did lane go out of business?
Its furniture units—Lane and Broyhill—brought in more than half of company revenue but, like other furniture companies, they suffered in 1989 from a drop in housing starts. Because of its high level of debt, Interco fell into Chapter 11 bankruptcy even though its four operating businesses were making money.
When did Lane Furniture start?
1912
Lane Furniture Industries, Inc/Founded
Founded in 1912, John Lane combined his minimal manufacturing experience with some healthy curiosity, and started making cedar chests out of the box plant he owned. With successful experimentation comes even more experimentation, and the company started producing tables and accent pieces into the 1960’s.
Did Lane Furniture go out of business?
— Heritage Home Group LLC has agreed to sell the Lane Furniture business to United Furniture Industries. “The sale of the Lane business is an important step in the transformation of HHG,” said Pierre de Villemejane, CEO.
Is Lane Furniture made in China?
Lane used to build fairly good pieces in the 80’s when it was USA-made, but they have since largely moved production to China and no longer enjoy that reputation.
Does Lane Furniture still exist?
Today, Lane is owned by United Furniture Industries, one of the fastest growing and largest manufacturers of upholstery and case goods in the U.S.
Do they still make Lane cedar chests?
The last Lane cedar chest to be manufactured in the United States rolled off the production line in the summer of 2001, and the plant closed for good.
Is Lane a good furniture brand?
Lane Furniture Reviews and Opinions Many have highly regarded their quality, durability, and comfort. However, many tend to compare Lane Furniture with other high-end brands but forget that they are a mid-range brand. Many users have pointed out that Lane Furniture provides the best in the mid-range category.
Who bought out Lane Furniture?
United Furniture Industries Inc.
After announcing in November that it would acquire the Lane furniture division of Heritage Home Group LLC, Mississippi-based United Furniture Industries Inc. has purchased the Lane manufacturing facility in High Point for $2.4 million.
Is Lane a good furniture company?
Many have highly regarded their quality, durability, and comfort. However, many tend to compare Lane Furniture with other high-end brands but forget that they are a mid-range brand. Many users have pointed out that Lane Furniture provides the best in the mid-range category.
Why are chests made of cedar?
Durability – The strength of cedar wood makes it a popular choice for storage chests and other handcrafted furniture pieces. Even when put under pressure, the wood is unlikely to warp or shift away from the wall. Aroma – The natural cedar oil that drives away moths and other insects also provides a pleasant aroma.
Where did the Lane Construction Company come from?
Lane’s company roots can be traced back 125 years ago to 1890, where railroad entrepreneur John S. Lane started a stone-crushing operation for railroads and streets.
How old was Ed Lane when he started Lane Furniture?
In March of 1912, a man named John Lane purchased a box plant in Altavista, Virginia. His son, Ed Lane, was 21 at the time and had little manufacturing experience. Ed was encouraged by his father to try his hand at starting a chest factory in the newly acquired plant.
What did John S.Lane do for a living?
Lane’s company roots can be traced back 125 years ago to 1890, where railroad entrepreneur John S. Lane started a stone-crushing operation for railroads and streets. By the turn of the century, the road construction arm of Lane quickly became a success, paving 75,000 square yards of macadamized road (a mixture of stone, sand,…
Who is the founder of Lane Bryant clothing?
For the company’s founder, Lena Himmelstein Bryant (1879-1951), see Lena Himmelstein. Lane Bryant Inc. is an American retail women’s clothing store chain focusing on plus-size clothing. The company began in 1904 with maternity designs created by Lena Himmelstein Bryant Malsin.