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United Furniture Industries Inc. signed an agreement to buy Lane Company by the end of 2017. [14] Heritage sold Lane Ventures to Bassett Furniture Industries for $15.1 million in December 2017. [15] Heritage announced the formation of the three business units. Harvey Dondale would be president of Broyhill, a position he held from 2005 to 2007.
In 1980 Interco took over Broyhill Furniture, a North Carolina company that was the world's largest privately owned furniture maker, with 20 factories and 7,500 employees. Paul Broyhill remained as CEO for five more years, leaving when Interco made changes with which he did not agree. [ 9 ]
In 1978, Broyhill launched a line of furniture that customers assembled themselves, a line of wall units, as well as upgraded fabric patterns for its upholstered furniture lines. By the end of the decade, Broyhill operated 20 factories, 60 free standing stores, and 250 Broyhill Showcase stores staffed by more than 7,500 employees, [ 6 ] with ...
James Edgar Broyhill (1892–1988), founder of Broyhill Furniture; Jim Broyhill (1927–2023), American politician and U.S. Representative and Senator from the state of North Carolina, son of the above; Joel Broyhill (1919–2006), American politician and a Congressman from Virginia for 11 terms, from 1953 to 1974
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James Thomas Broyhill (August 19, 1927 – February 18, 2023) was an American businessman and politician from North Carolina. A member of the Republican Party , he served in both chambers of the United States Congress as a member of the United States House of Representatives from 1963 to 1986 and briefly served in the United States Senate in 1986.