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Klaussner Furniture Industries, Inc. · Asheboro, NC United States

Company Description

405 Lewallen Rd.
Asheboro, NC
27205
United States (Map)
Phone: 336-625-6174
Fax: 336-626-0905
    Klaussner Furniture Industries makes accoutrements for the couch potato in all of us. A leading US maker of upholstered furniture, Klaussner sells fabric- and leather-upholstered sofas and recliners, chairs, ottomans, occasional tables, home entertainment, and dining furniture under the Distinctions and Klaussner names. Its licensed brands include Sealy and Dick Idol ("rustic" furnishings), including Dick Idol's World Vineyard collection. Its more than 15 plants produce items exported to more than 60 countries. Klaussner also owns about 20% of furniture retailer Jennifer Convertibles. Chairman Hans Klaussner has owned the company since 1979; it was founded in 1964 as Stuart Furniture Industries. To read the full description, subscribe now.
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    Key Klaussner Furniture Industries, Inc. Financials

    Company TypePrivate

    Headquarters
    Fiscal Year-EndDecember
    Employees2,100

    Klaussner Furniture Industries, Inc. Executives

    21 executives listed for Klaussner Furniture Industries, Inc.'s Asheboro, NC location.
    TitleName & BioContact
    ChairmanHans KlaussnerNetwork
    President and CEOJ. B. DavisNetwork
    VP OperationsJerry HolderNetwork

    Competition

    Competitive Landscape for Klaussner Furniture Industries, Inc.
    The volume of home furniture sold depends heavily on the level of home sales, while office furniture sales depend on the health of the US economy. The profitability of individual companies is closely linked to volume, since many costs are fixed. Small companies can compete effectively if they produce specialty items or high-quality workmanship that can sell for a premium price. Imports are a major competitive factor, totaling more than $26 billion a year, and many US manufacturers have factories overseas, where labor and production costs are lower than in the US. Foreign competition and production overcapacity have combined to keep prices low. Additionally, despite automation, the made-to-order nature of much of the business means that the industry is fairly labor-intensive: average annual revenue per worker is around $250,000. To read the full description, subscribe now.
    Top Klaussner Furniture Industries, Inc. Competitors
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