By Powell Slaughter, Senior Editor - Furniture Today
HIGH POINT – Samson Holding has acquired Southern Furniture, a 96-year-old custom upholstery manufacturer based in Conover, N.C., to support the expanding upholstery component of its Universal Furniture brand.
It also gives Universal the ability to broaden its reach into special orders. The move is another investment on Samson’s part in U.S. manufacturing, where subsidiaries include Craftmaster Furniture and Baker Interiors Group. Terms of the purchase were not disclosed.
SEE ADDITIONAL COVERAGE:
SOLD: Southern Furniture sold to China (Observer News Enterprise)