Lane Furniture Industries, Inc. · Tupelo, MS United States
Company Description
View Lane Furniture Industries, Inc. Locations On A US Map
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This link will open in a new window Nearly a century old, Lane Furniture Industries is a furniture maker, specializing in 18th-century reproductions and cedar chests. Its Lane home furnishings are sold nationwide through specialty retailers (such as Haverty's ), as well as department stores (including Dillard's and J. C. Penney ). Lane Furniture was established in 1912 when John Lane and his son Ed began a chest-manufacturing venture (incorporated as Standard Red Cedar Chest Company). Lane primarily makes mid-priced furniture, including recliners, motion furniture, and upholstered furniture. It also operates a mid-priced wood furniture unit. In addition, the company makes a line of indoor/outdoor furniture under the Laneventure brand.
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Key Lane Furniture Industries, Inc. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 3,600 |
Lane Furniture Industries, Inc. Executives
11 executives listed for Lane Furniture Industries, Inc.'s Tupelo, MS location.
| Title | Name & Bio | Contact |
| President | Gregory Roy | Network |
| VP Operations | Jackie Hooker | Network |
| Controller | Vaughn Howell | Network |
Competition
Competitive Landscape for Lane 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 Lane Furniture Industries, Inc. Competitors
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