Loading…
Saturday, April 19, 2014
Current Weather
Loading Current Weather....
Published: 1/24/2013 - Updated: 1 year ago

La-Z-Boy closes on nuns’ Monroe property, one step closer to building $50M headquarters

BLADE STAFF

MONROE — La-Z-Boy Inc. on Wednesday finalized the purchase of a block of land from the Sisters, Servants of the Immaculate Heart of Mary, that the furniture maker plans to use for its new world headquarters.

The company said the transfer of 120 acres cleared one of the hurdles for the construction of the $50 million, three-story headquarters that can house up to 500 employees.

Kurt Darrow, La-Z-Boy chairman, president, and chief executive officer, said the company wants to begin construction in the spring and expects to move there in late 2014 or the first half of 2015.



Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.

Related stories