Hint at a High Point headquarters?

Apr. 12, 2014 @ 02:27 PM

A home furnishings company that emerged from the ashes of the former Furniture Brands International still hasn’t confirmed speculation it will relocate its corporate headquarters from St. Louis to High Point, but is planning to base three key executives here.

Heritage Home Group, which purchased the assets of Furniture Brands International late last year, says that three new executives will be based in High Point, according to the St. Louis Business Joural. The executives are Chief Marketing Officer Roxanne Bernstein, Senior Vice President of Retail Lynda Scott and Chief Technology Officer Tod Phelps.
City of High Point and High Point Market officials haven’t confirmed publicly that they are in talks with Heritage Home Group to relocate its headquarters, and company officials haven’t publicly discussed the possibility as well.
At the same time that Heritage Home Group reportedly is considering the city for its new corporate home, the company has announced plans to close three production facilities in High Point and Thomasville and eliminate 170 jobs.
Late last month, Heritage Home Group told employees at its Pearson Co. plant that they would close the factory in phases through the end of August. The closure of the factory, founded by the Pearson family of High Point in 1942, will affect 86 local employees, according to the company.
In January, Heritage Home Group announced it would close Thomasville Plant C and Thomasville Plant C-Area 100, eliminating 84 jobs. In both instances, Heritage Home Group blamed the plant closings on adverse business conditions.
Heritage Home Group also has closed furniture plants in Mississippi and laid off Broyhill Furniture Industries Inc. workers in Lenoir, according to the Lenoir News-Topic.
In addition, 17 former Furniture Brands International properties have been put up for auction as part of the bankruptcy liquidation. The auction includes four properties in Thomasville.

pjohnson@hpe.com | 888-3528