Tagged: Furniture

Twice a year, in April and October, High Point becomes the center of the furniture and home furnishings world.   This week, Stanley Furniture is getting a lot of attention, showing off its new space.  Stanley recently moved to High Point from Virginia.  It’s just one sign of  growth in the furniture industry in North Carolina after years of decline.

The High Point Market kicks off Saturday.  It’s the largest home furnishings trade show in the world.  Dignitaries and celebrities will make the rounds.  U.S. Senator Kay Hagan and Governor Pat McCrory will "do market" this spring.  McCrory will meet with more than 40 furniture industry leaders who recently sent him a letter in support of funding for the High Point Market Authority.  A budget proposal released earlier this month showed significant cuts to the market authority.

Tom Conley, president and CEO of the High Point Market Authority, says he’s glad the governor reversed course.

Tens of thousands of furniture retailers, buyers and journalists from more than 100 countries are in High Point this week for the bi-annual High Point Market.  Those in the furniture industry say business is up this year across the country.   That is good news for a state like North Carolina that has been tied to the industry for generations.  Changing Economy Reporter Leoneda Inge visited a showroom in High Point that’s getting a lot of attention this year.

Another North Carolina furniture maker is facing financial trouble. Jessica Jones reports Linwood furniture of Davidson County has filed for Chapter 11 bankruptcy.