NEOSHO, Mo. - La-Z-Boy, number 13 on the FDMC 300, will invest more than $30 million over two years to upgrade its manufacturing plant in Neosho, Missouri.
The 550,000 square-foot plant, which began operations in 1970 and employs approximately 950 people, makes reclining motion furniture and supports all La-Z-Boy manufacturing operations with metal components and purchased parts.
"The scope of the project includes various upgrades and renovations throughout the upholstery plant, a new medical clinic for employees and their families, and a new parts distribution center," the company said in a statement.
“We are making strategic investments across the organization to ensure La-Z-Boy emerges stronger in a post-pandemic environment," said CEO Melinda D. Whittington. "With unprecedented demand for the La-Z-Boy product, making improvements to our manufacturing facilities will help drive efficiencies and shorten lead times for customers and consumers while strengthening our manufacturing footprint for the long term.”
La-Z-Boy is one of America's largest furniture makers. With an estimated $1.3 billion in sales in 2020, the company runs six manufacturing plants and employs around 8,000 workers in total.
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