Ashley Furniture to invest USD65m in logistics centre
US-American Ashley Furniture Industries is set to spend USD65m on building a new logistics centre with an area of about 850,000 sqft or nearly 80,000 m² in Mesquite, Texas. The company has acquired a piece of land about 358 acres or some 145 ha in size in the eastern part of the town. The new location is to employ roughly 350 workers and is slated to open in summer 2018. The new logistics centre is to replace a leased location about 442,000 sqft in size in Mesquite that opened in January 2016.
Ashley Furniture generated revenues of approximately USD3.3bn in 2015. The company operates 15 manufacturing and logistics sites.