RIPLEY, Miss. (WTVA) - Ashely Furniture Industries announced that it has acquired a 260,000-square-foot building in Ripley.
The company said it purchased the building in the town to supplement existing manufacturing operations in Ecru and Verona.
"As we expand the capabilities of our existing Mississippi facilities, we will be moving some functions to this offsite location," said Todd Wanek, Ashley's President and CEO. "This acquisition will assist us in expediting our supply chain."
Officials said the building acquisition is part of Ashley's 116 million dollar reinvestment plan.
Ashley is the largest furniture manufacturer in North America.