• Lane furniture brand switching parent companies

    The Lane furniture brand is being sold from one company to another.

    United Furniture Industries Inc. says it will buy Lane from Heritage Home Group LLC. The two companies announced the sale in a news release Tuesday without disclosing the price.

    Lane Furniture began in Altavista in 1912, when John Lane purchased a box plant in the town, according to Lane Furniture's website.

    United Furniture President Larry George says the purchase includes the global rights to the Lane brand, a 750,000-square-foot manufacturing facility in Belden, Mississippi, and Lane's 202,000-square-foot Royal Development recliner mechanism facility in High Point, North Carolina.

    United Furniture employs about 3,500 people with manufacturing sites in Nettleton, Tupelo, Okolona, Hatley, Sherman, Vardaman and Amory, Mississippi; Archdale, High Point, Lexington and Winston-Salem, North Carolina; and Victorville, California.