Furniture Brands holds some very Lucrative brands that they could sell off such as Hickory Chair. Under the current leadership there, they have in place lean manufacturing and EDGE programs that have made their overhead very low. They still employ "real" furniture craftsman that have been there for many years. They make quality products and offer a range of options that are attractive to designers which has opened a whole new market.
Lane Venture and Pearson are other successful brands. Both brands would be attractive to potential buyers. They offer quality products for their consumers.
Unfortunately for these brands, they are FBN's "cash cow's" so they are not likely be brands placed on the auction block.
I work at the lane plant in Belden, MS.....there are some veteran craftsman there along with some rookies....some people moved on and others retired... we were all trainee's at one point in our lives and everything has to go through a quality check...the problem is trying to run quality furniture at a competitive price...we can't undersell the Asian market and race has nothing to do with who is actually making the product
They still employ "real" furniture craftsman that have been there for many years.THIS WAS TRUE 5 YEARS !!! IF YOU GO IN FBN PLANTS NOW 1/2 OF THE EMPLOYEES ARE HISPANIC WHO HAVE NO IDEA OF THE BRANDS HISTORY.THEY DON'T CARE ABOUT QUALITY ONLY HOW MUCH MONEY THEY CAN MAKE BEFORE THEY HAVE TO GO BACK !!!!!!!!!!! A LOT HAS CHANGED IN THESE COMPANIES THE OLD HANDS ARE GONE.
That is not true of Hickory Chair. I've been in the plant. While the plant is diverse, many of the workers have been in the industry for a long time. If you ask them, they've likely worked for many fine manufacturers over the years. They have the skills that is needed to maintain an American furniture manufacturing prescence.
I also respectfully disagree. I am in these plants on a regular basis. the quality of these domestically produced products has been maintained, and in most cases has been improved. this differenciates the domestic manufacturers from the import companies. Hickoy Chair has been consistently one of my busiest customers. their plant has been working full time and in some cases overtime for many years. MY only wish is that people who denegrate these few remaining fine companies would actually learn something about furniture before they post and spread false rumors!
mackson205. No need to yell it, but I have knowledge of Hickory Chair and I respectfully disagree. Yes they do employ a diverse workforce, but the majority of craftsman there ARE in fact long time employees who's fathers before them worked in furniture. As far as quality, well The discerning Hickory Chair customer is all the proof that they need. Hickory Chairs sales maintain increase and they are still hiring "experienced" workforce.