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La-Z-Boy In And IHM Complete Land Purchase For New World Headquarters


Wednesday, 23 Jan 2013 04:15pm EST 

La-Z-Boy In announced that it has finalized the purchase a block of land from the Monroe-based Sisters, Servants of the Immaculate Heart of Mary (IHM) order. The land will be used to build a new World Headquarters for La-Z-Boy, which is expected to house approximately 500 employees. Mary Jane Herb, IHM President, and Kurt Darrow, La-Z-Boy Chairman, President, and Chief Executive Officer, signed all of the closing documents for the sale of 120 acres of IHM property to La-Z-Boy. Effective with the closing, IHM has transferred the care of the land to La-Z-Boy for La-Z-Boy's new headquarters campus. 

Company Quote

22.01
-0.25 -1.12%
11 Jul 2014