NEWTON, NC—Newton welcomed Lane Venture to the city during a ribbon cutting ceremony on Friday, Aug. 2.
Lane Venture’s new facility is now in operation at 2309 North College Ave.
Lane Venture has been an important player in the outdoor furniture market since 1989. The company was acquired by Bassett, which operates a Newton upholstery manufacturing facility, in Dec. 2017.
The new Lane Venture facility in Newton contains 176,000 square feet and has created 45 new jobs in Newton. Lane Venture is able to fill customers’ orders within 7-10 business days, as opposed to the 6-8 week turnaround time required by other manufacturers.