Ethan Allen Interiors Inc. has expanded its upholstery production in Maiden, North Carolina, with the conversion of a 173,000-square-foot former distribution facility located on its manufacturing campus to an upholstery plant. The residential furniture giant said the new plant will support the existing two upholstery facilities and also house a new R&D facility.
“We are pleased to continue the development of our North American manufacturing by establishing our third upholstery plant in Maiden, N.C., which we believe gives us a long-term competitive advantage that will allow us to advance our objectives of maintaining short order processing times and improving capacity to ship custom items more quickly,” said Farooq Kathwari, Ethan Allen chairman and CEO.
A manufacturer of residential furniture and casegoods, Ethan Allen (NYSE: ETH) owns and operates nine production facilities including six manufacturing plants and one sawmill in the United States plus one plant each in Mexico and Honduras. According to the company, approximately 70 percent of its products are made in its North American plants. Ethan Allen also services the retail home furnishings market through ethanallen.com and a network of approximately 300 Design Centers in the United States and abroad. The company posted net sales in 2015 of $754.6 million.