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It is the oldest manufacturer of reclining chairs in the U.S. [3] After the company filed for bankruptcy in 2010, it shuttered its facilities in Rocky Mount, North Carolina , and Martinsville, Virginia , then restarted manufacturing at the plant in Morristown, Tennessee, in 2011, for manufacture of the Barcalounger chair. [ 4 ]
In 1969, after years primarily as a manufacturer of recliners, La-Z-Boy started designing other products including reclining sofas, sleep sofas and modular groups. [3] 1981 sales were $150 million. [4] In 1983, La-Z-Boy introduced its first line of stationary sofas and occasional chairs, later offering a full line of home furnishings. [3]
By 1990, the chain had grown to 89 Channel outlets in nine states, [3] [9] but in early 1991, the company filed for Chapter 11 bankruptcy protection, and announced a plan to close 34 of 86 stores, mostly in the Baltimore-Washington and New England markets. [9]
In 1993, Steelcase launched Turnstone, a line of furniture designed for small businesses and home offices. [17] Designtex, which produces interior textiles and upholstery, was acquired in 1998. [28] Nurture was founded in 2006 to create products for the health care industry, including furniture and interiors for waiting rooms, offices, and ...